Common use of Authorization and Power-of-Attorney Clause in Contracts

Authorization and Power-of-Attorney. Borrower authorizes Lender to request other secured parties of Borrower, if any, to provide accountings, confirmations of Collateral and confirmations of statements of account concerning Borrower. Borrower hereby designates and appoints Lender and its designees as attorney-in-fact of Borrower, irrevocably and with power of substitution, with authority to endorse Borrower’s names on requests to other secured parties of Borrower for accountings, confirmations of Collateral and confirmations of statements of account. The foregoing authorizations and appointments are conditioned upon the occurrence of an uncured Event of Default.

Authorization and Power-of-Attorney. Borrower authorizes Borrowers authorize Lender to request other secured parties of BorrowerBorrowers, if any, to provide accountings, confirmations of Collateral and confirmations of statements of account concerning BorrowerBorrowers. Borrower Borrowers hereby designates designate and appoints appoint Lender and its designees as attorney-in-fact of BorrowerBorrowers, irrevocably and with power of substitution, with authority to endorse Borrower’s Borrowers’ names on requests to other secured parties of Borrower Borrowers for accountings, confirmations of Collateral and confirmations of statements of account. The foregoing authorizations and appointments are conditioned upon the occurrence of an uncured Event of Default.

Authorization and Power-of-Attorney. Borrower authorizes Borrowers authorize Lender to request other secured parties of BorrowerBorrowers, if any, to provide accountings, confirmations of Collateral and confirmations of statements of account concerning BorrowerBorrowers. Borrower Borrowers hereby designates designate and appoints appoint Lender and its designees as attorney-in-fact attorney‑in‑fact of BorrowerBorrowers, irrevocably and with power of substitution, with authority to endorse Borrower’s Borrowers’ names on requests to other secured parties of Borrower Borrowers for accountings, confirmations of Collateral and confirmations of statements of account. The foregoing authorizations and appointments are conditioned upon the occurrence of an uncured Event of Default.