Authority to Execute Transfers. Without limitation of any authorization granted to the Lender hereunder, each Borrower also hereby authorizes the Lender, upon the occurrence of an Event of Default which is continuing, to execute, in connection with the exercise by the Lender of its remedies hereunder, any endorsements, assignments or other instruments of conveyance or transfer with respect to the Collateral.
Appears in 6 contracts
Samples: Credit Facility, Loan and Security Agreement (Peak Resorts Inc), Restructure Agreement (Peak Resorts Inc), Master Credit and Security Agreement (Peak Resorts Inc)