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 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 (which appointment is coupled with an interest), irrevocably and with power of substitution, with authority to endorse Borrower’s name on requests to other secured parties of Borrower for accountings, confirmations of collateral, and confirmations of statements of account.

Authorization and Power-of-Attorney. Borrower Debtor authorizes Lender Creditor to request other secured parties of Borrower Debtor to provide accountings, confirmations of Collateral, Collateral and confirmations of statements of account concerning BorrowerDebtor. Borrower Debtor hereby designates and appoints Lender Creditor and its designees as attorney-in-fact of Borrower (which appointment is coupled with an interest)Debtor, irrevocably and with power of substitution, with authority to endorse BorrowerDebtor’s name on requests to other secured parties of Borrower Debtor for accountings, confirmations of collateral, collateral and confirmations of statements of account.

Authorization and Power-of-Attorney. Borrower authorizes Lender to request other secured parties of Borrower to provide accountings, confirmations of Collateral, Collateral and confirmations of statements of account concerning Borrower. Borrower hereby designates and appoints Lender and its designees as attorney-in-fact of Borrower (which appointment is coupled with an interest)Borrower, irrevocably and with power of substitution, with authority to endorse Borrower’s name on requests to other secured parties of Borrower for accountings, confirmations of collateral, collateral and confirmations of statements of account.