Authorization for Secured Party to Take Certain Action. (a) Each Grantor irrevocably authorizes the Collateral Agent at any time and from time to time and appoints the Collateral Agent as its attorney in fact to do all acts and things necessary or desirable in the Collateral Agent’s sole discretion to preserve and protect the Collateral and perfect and maintain the perfection and priority of the Collateral Agent’s security interest in the Collateral; provided that, this authorization shall not relieve such Grantor of any of its obligations under this Agreement, the Indenture or under any other Note Document.
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Samples: Second Lien Guaranty and Collateral Agreement (Ultra Petroleum Corp), Warrant Agreement (Ultra Petroleum Corp)
Authorization for Secured Party to Take Certain Action. (a) Each The Grantor irrevocably authorizes the Collateral Agent at any time and from time to time in the sole discretion of the Collateral Agent and appoints the Collateral Agent as its attorney in fact to do all acts and things necessary or desirable in the Collateral Agent’s sole discretion to preserve and protect the Collateral and perfect and maintain the perfection and priority of the Collateral Agent’s security interest in the Collateral; provided that, this authorization shall not relieve such Grantor of any of its obligations under this Agreement, the Indenture or under any other Note Document.fact
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Samples: CMS Energy Pledge and Security Agreement (Consumers Energy Co)
Authorization for Secured Party to Take Certain Action. (a) Each The Grantor irrevocably authorizes the Collateral Agent at any time and from time to time in the sole discretion of the Collateral Agent and appoints the Collateral Agent as its attorney in fact (i) to do all acts execute on behalf of the Grantor as debtor and things to file financing statements necessary or desirable in the Collateral Agent’s sole discretion to preserve and protect the Collateral and perfect and to maintain the perfection and priority of the Collateral Agent’s security interest in the Collateral; provided that, this authorization shall not relieve such Grantor of any of its obligations under this Agreement, the Indenture or under any other Note Document.,
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