Common use of Authority to File Notices Clause in Contracts

Authority to File Notices. Borrower irrevocably appoints, designates and authorizes Bank as its agent (said agency being coupled with an interest), upon the occurrence and during the continuance of an Event of Default, to send to any third party any other notice or documents or take any other action that Bank deems necessary or desirable to protect its interest hereunder, or under the Loan Documents, and will upon request by Bank, execute such additional documents as Bank may require to further evidence the grant of the aforesaid right to Bank.

Appears in 1 contract

Samples: Loan Agreement (City Office REIT, Inc.)

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Authority to File Notices. Borrower irrevocably appoints, designates and authorizes Bank as its agent (said agency being coupled with an interest), upon the occurrence and during the continuance of an Event of Default, ) to send to any third party any other notice or documents or take any other action that Bank deems necessary or desirable to protect its interest hereunder, or under the Loan Documents, and will upon request by Bank, execute such additional documents as Bank may require to further evidence the grant of the aforesaid right to Bank.

Appears in 1 contract

Samples: Construction Loan Agreement (Concepts Direct Inc)

Authority to File Notices. Borrower irrevocably appoints, designates and authorizes Bank as its agent (said agency being coupled with an interest), upon the occurrence and during the continuance of an Event of Default, ) to send to any third party part-y any other notice or documents or take any other action that Bank deems necessary or desirable to protect its interest hereunder, or under the Loan Documents, and will upon request by Bank, execute such additional documents as Bank may require to further evidence the grant of the aforesaid right to Bank.

Appears in 1 contract

Samples: Development Loan Agreement (Concepts Direct Inc)

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Authority to File Notices. Borrower and each Subsidiary irrevocably appointsappoint, designates designate and authorizes authorize Bank as its agent (said agency being coupled with an interest), upon the occurrence and during the continuance of an Event of Default, ) to send to any third party any other notice or documents or take any other action that Bank deems necessary or desirable to protect its interest hereunder, or under the Loan Documents, and will upon request by Bank, execute such additional documents as Bank may require to further evidence the grant of the aforesaid right to Bank.

Appears in 1 contract

Samples: Line of Credit Agreement (Asset Investors Corp)

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