Common use of Authority to File Notices Clause in Contracts

Authority to File Notices. Borrower irrevocably appoints Bank as its attorney-in-fact, coupled with an interest, with full power of substitution, after the occurrence of and during the continuation of any Event of Default, to file for record, at Borrower's cost and expense and in Borrower's names, any actions, complaints, petitions, requests or notices that Bank considers necessary or desirable to protect the Collateral.

Authority to File Notices. Borrower irrevocably appoints Bank as its attorney-in-fact, coupled with an interest, with full power of substitution, after the occurrence of and during the continuation of any Event of Default, to file for recordrecord upon at least 24-hours' prior notice to Borrower, at Borrower's cost and expense and in Borrower's namesname, any actionsnotices of completion, complaintsnotices of cessation of labor, petitions, requests or any other notices that Bank considers necessary or desirable to protect the Collateralits security.

Authority to File Notices. Borrower irrevocably appoints Bank as its attorney-in-fact, coupled with an interest, with full power of substitution, after the occurrence of and during the continuation of any Event of Default, to file for record, at Borrower's Borrowers' cost and expense and in Borrower's either or both of Borrowers' names, any actions, complaints, petitions, requests or notices that Bank considers necessary or desirable to protect the Collateral.