Common use of Collateral Agent Appointed Attorney-in-Fact Clause in Contracts

Collateral Agent Appointed Attorney-in-Fact. Each Pledgor hereby appoints the Collateral Agent its attorney-in-fact, with full authority, in the name of such Pledgor or otherwise, after the occurrence and during the continuation of an Event of Default, from time to time in the Collateral Agent's sole discretion, to take any action and to execute any instrument which the Collateral Agent may deem necessary or advisable to accomplish the purposes of this Agreement, including, without limitation, to receive, endorse and collect all instruments made payable to the Pledgors representing any dividend or other distribution in respect of the Pledged Collateral or any part thereof and to give full discharge for the same and to arrange for the transfer of all or any part of the Pledged Collateral on the books of the Company to the name of the Collateral Agent or the Secured Collateral Agent's nominee.

Appears in 3 contracts

Samples: Share Pledge Agreement (Citadel L P), Share Pledge Agreement (Mountview Path LTD), Share Pledge Agreement (Best Tone Holdings LTD)

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Collateral Agent Appointed Attorney-in-Fact. Each Pledgor hereby appoints the Collateral Agent its attorney-in-fact, coupled with an interest, with full authority, in the name of such Pledgor or otherwise, after the occurrence and during the continuation of an Event of Default, from time to time in the Collateral Agent's ’s sole discretion, to take any action and to execute any instrument which the Collateral Agent may deem necessary or advisable to accomplish the purposes of this Pledge Agreement, including, without limitation, to receive, endorse and collect all instruments made payable to the Pledgors such Pledgor representing any dividend dividend, distribution, interest payment or other distribution in respect of the Pledged Collateral or any part thereof and to give full discharge for the same and to arrange for the transfer of all or any part of the Pledged Collateral on the books of the Company Pledged Subsidiaries to the name of the Collateral Agent or the Secured Collateral Agent's ’s nominee.

Appears in 2 contracts

Samples: Pledge Agreement (Tennant Co), Borrowing Subsidiary Agreement (Photronics Inc)

Collateral Agent Appointed Attorney-in-Fact. Each The Pledgor hereby appoints the Collateral Agent its attorney-in-fact, with full authority, in the name of such the Pledgor or otherwise, after the occurrence and during the continuation of an Event of Default, from time to time in the Collateral Agent's ’s sole discretion, to take any action and to execute any instrument which the Collateral Agent or any Secured Party may deem necessary or advisable to accomplish the purposes of this Agreement, including, without limitation, to receive, endorse and collect all instruments made payable to the Pledgors Pledgor representing any dividend or other distribution in respect of the Pledged Collateral or any part thereof and to give full discharge for the same and to arrange for the transfer of all or any part of the Pledged Collateral on the books of the Company Pledged Entity to the name of the Collateral Agent or the Secured Collateral Agent's ’s nominee.

Appears in 2 contracts

Samples: Share Pledge Agreement (Fushi International Inc), Pledge Agreement (Golden Autumn Holdings Inc.)

Collateral Agent Appointed Attorney-in-Fact. Each The Pledgor hereby appoints the Collateral Agent its attorney-in-fact, with full authority, in the name of such the Pledgor or otherwise, after the occurrence and during the continuation of an Event of Default, from time to time in the Collateral Agent's sole discretion, to take any action and to execute any instrument which the Collateral Agent or any Secured Party may deem necessary or advisable to accomplish the purposes of this Agreement, including, without limitation, to receive, endorse and collect all instruments made payable to the Pledgors Pledgor representing any dividend or other distribution in respect of the Pledged Collateral or any part thereof and to give full discharge for the same and to arrange for the transfer of all or any part of the Pledged Collateral on the books of the Company Pledged Entity to the name of the Collateral Agent or the Secured Collateral Agent's nominee.

Appears in 1 contract

Samples: Share Pledge Agreement (Harbin Electric, Inc)

Collateral Agent Appointed Attorney-in-Fact. Each Pledgor hereby appoints the Collateral Agent its Pledgor's attorney-in-fact, with full authority, in the name of such Pledgor or otherwise, after the occurrence and during the continuation of an Event of Default, from time to time in the Collateral Agent's sole discretion, to take any action and to execute any instrument which the Collateral Agent may deem necessary or advisable to accomplish the purposes of this AgreementPledge, including, without limitation, to receive, endorse and collect all instruments made payable to the Pledgors any Pledgor representing any dividend dividend, interest payment or other distribution in respect of the Pledged Collateral or any part thereof and to give full discharge for the same and to arrange for the transfer of all or any part of the Pledged Collateral on the books of any of the Company Subject Partnerships to the name of the Collateral Agent or the Secured Collateral Agent's nominee.

Appears in 1 contract

Samples: Dart Group Corp

Collateral Agent Appointed Attorney-in-Fact. Each Pledgor of the Pledgors hereby appoints the Collateral Agent its attorney-in-fact, with full authority, in the name of such Pledgor or otherwise, after the occurrence and during the continuation of an Event of Default, from time to time in the Collateral Agent's sole discretion, to take any action and to execute any instrument which the Collateral Agent may deem necessary or advisable to accomplish the purposes of this Agreement, including, without limitation, to receive, endorse and collect all instruments made payable to the Pledgors such Pledgor representing any dividend dividend, interest payment or other distribution in respect of the Pledged Collateral or any part thereof and to give full discharge for the same and to arrange for the transfer of all or any part of the Pledged Collateral on the books of the Company issuers of the Pledged Stock to the name of the Collateral Agent or the Secured Collateral Agent's nominee.

Appears in 1 contract

Samples: Pledge Agreement (Barneys New York Inc)

Collateral Agent Appointed Attorney-in-Fact. Each Pledgor hereby appoints the Collateral Agent its Pledgor's attorney-in-fact, with full authority, in the name of such Pledgor or otherwise, after the occurrence and during the continuation of an Event of Default, from time to time in the Collateral Agent's sole discretion, to take any action and to execute any instrument which the Collateral Agent may deem necessary or advisable to accomplish the purposes of this AgreementPledge, including, without limitation, to receive, endorse and collect all instruments made payable to the Pledgors any Pledgor representing any dividend dividend, interest payment or other distribution in respect of the Pledged Collateral or any part thereof and to give full discharge for the same and to arrange for the transfer of all or any part of the Pledged Collateral on the books of JV Management or any of the Company Subject Partnerships to the name of the Collateral Agent or the Secured Collateral Agent's nominee.

Appears in 1 contract

Samples: Dart Group Corp

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Collateral Agent Appointed Attorney-in-Fact. Each Pledgor hereby appoints the Collateral Agent its attorney-in-fact, with full authority, in the name of such Pledgor or otherwise, after the occurrence and during the continuation of an Event of Default, from time to time in the Collateral Agent's ’s sole discretion, to take any action and to execute any instrument which the Collateral Agent or any Secured Party may deem necessary or advisable to accomplish the purposes of this Agreement, including, without limitation, to receive, endorse and collect all instruments made payable to the Pledgors such Pledgor representing any dividend or other distribution in respect of the Pledged Collateral or any part thereof and to give full discharge for the same and to arrange for the transfer of all or any part of the Pledged Collateral on the books of the Company respective Pledged Entity to the name of the Collateral Agent or the Secured Collateral Agent's ’s nominee.

Appears in 1 contract

Samples: Share Pledge Agreement (American Dairy Inc)

Collateral Agent Appointed Attorney-in-Fact. Each Pledgor hereby appoints the Collateral Agent its attorney-in-factattorney‑in‑fact, coupled with an interest, with full authority, in the name of such Pledgor or otherwise, after the occurrence and during the continuation of an Event of Default, from time to time in the Collateral Agent's ’s sole discretion, to take any action and to execute any instrument which the Collateral Agent may deem necessary or advisable to accomplish the purposes of this Pledge Agreement, including, without limitation, to receive, endorse and collect all instruments made payable to the Pledgors such Pledgor representing any dividend dividend, distribution, interest payment or other distribution in respect of the Pledged Collateral or any part thereof and to give full discharge for the same and to arrange for the transfer of all or any part of the Pledged Collateral on the books of the Company Pledged Subsidiaries to the name of the Collateral Agent or the Secured Collateral Agent's ’s nominee.

Appears in 1 contract

Samples: Credit Agreement (Tennant Co)

Collateral Agent Appointed Attorney-in-Fact. Each The Pledgor hereby appoints the Collateral Agent its attorney-in-fact, with full authority, in the name of such the Pledgor or otherwise, after the occurrence and during the continuation of an Event of Default, from time to time in the Collateral Agent's sole discretion, to take any action and to execute any instrument which the Collateral Agent may deem necessary or advisable to accomplish the purposes of this Agreement, including, without limitation, to receive, endorse and collect all instruments made payable to the Pledgors Pledgor representing any dividend dividend, interest payment or other distribution in respect of the Pledged Collateral or any part thereof and to give full discharge for the same and to arrange for the transfer of all or any part of the Pledged Collateral on the books of the Company issuers of the Pledged Stock to the name of the Collateral Agent or the Secured Collateral Agent's nominee.

Appears in 1 contract

Samples: Pledge Agreement (Barneys New York Inc)

Collateral Agent Appointed Attorney-in-Fact. Each Pledgor hereby appoints the Collateral Agent its attorney-in-fact, with full authority, in the name of such Pledgor or otherwise, after the occurrence and during the continuation of an a Qualified Event of Default, from time to time in the Collateral Agent's ’s sole discretion, to take any action and to execute any instrument which the Collateral Agent or any Secured Party may deem necessary or advisable to accomplish the purposes of this Agreement, including, without limitation, to receive, endorse and collect all instruments made payable to the Pledgors such Pledgor representing any dividend or other distribution in respect of the Pledged Collateral or any part thereof and to give full discharge for the same and to arrange for the transfer of all or any part of the Pledged Collateral on the books of the Company respective Pledged Entity to the name of the Collateral Agent or the Secured Collateral Agent's ’s nominee.

Appears in 1 contract

Samples: Share Pledge Agreement (American Dairy Inc)

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