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

Collateral Agent Appointed Attorney-in-Fact. The Grantor hereby irrevocably appoints the Collateral Agent the Grantor's attorney-in-fact, with full authority in the place and stead of the Grantor and in the name of the Grantor or otherwise, from time to time in the Collateral Agent's discretion, following the occurrence and continuation of a Default of the nature set forth in Section 11.01(f) or 11.01(g) of the Credit Agreement or an Event of Default, to take any action and to execute any instrument which the Collateral Agent may deem necessary or advisable to accomplish the purposes of this Security Agreement, including:

Appears in 14 contracts

Samples: Foamex Security Agreement (Foamex Fibers Inc), Subsidiary Security Agreement (Foamex Fibers Inc), Subsidiary Security Agreement (Foamex Fibers Inc)

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Collateral Agent Appointed Attorney-in-Fact. The Each Grantor hereby irrevocably appoints the Collateral Agent the such Grantor's ’s attorney-in-fact, fact solely with respect to the Collateral (such appointment to cease upon the payment in full of all the Secured Obligations) with full authority in the place and stead of the such Grantor and in the name of the such Grantor or otherwise, from time to time time, upon the occurrence and during the continuation of an Event of Default, in the Collateral Agent's ’s reasonable discretion, following the occurrence and continuation of a Default of the nature set forth in Section 11.01(f) or 11.01(g) of the Credit Agreement or an Event of Default, to take any action and to execute any instrument which that the Collateral Agent may deem reasonably necessary or advisable to accomplish the purposes of this Security Agreement, including, without limitation:

Appears in 5 contracts

Samples: Security Agreement (Madison Square Garden Entertainment Corp.), Security Agreement, Security Agreement (Madison Square Garden Co)

Collateral Agent Appointed Attorney-in-Fact. The Each Grantor hereby irrevocably appoints the Collateral Agent the such Grantor's ’s attorney-in-factfact (such appointment to cease upon the payment in full in cash of all the Secured Obligations), with full authority in the place and stead of the such Grantor and in the name of the such Grantor or otherwise, from time to time time, upon the occurrence and during the continuance of an Event of Default, in the Collateral Agent's ’s reasonable discretion, following the occurrence and continuation of a Default of the nature set forth in Section 11.01(f) or 11.01(g) of the Credit Agreement or an Event of Default, to take any action and to execute any instrument which that the Collateral Agent may deem necessary or advisable to accomplish the purposes of this Security Agreement, including, without limitation:

Appears in 3 contracts

Samples: Security Agreement (Dana Holding Corp), Revolving Facility Security Agreement (Dana Holding Corp), Term Facility Security Agreement (Dana Holding Corp)

Collateral Agent Appointed Attorney-in-Fact. The Each Grantor hereby irrevocably appoints appoints, as security for the Secured Obligations, the Collateral Agent the as such Grantor's ’s attorney-in-fact, with full authority in the place and stead of the such Grantor and in the name of the such Grantor or otherwise, from time to time in the Collateral Agent's discretion, following ’s discretion during the occurrence and continuation continuance of a Default of the nature set forth in Section 11.01(f) or 11.01(g) of the Credit Agreement or an Event of DefaultDefault and the acceleration of the Loans and Aircraft Mortgage and Security Agreement such acceleration shall not have been rescinded, to take any action and to execute any instrument which that the Collateral Agent may deem necessary or advisable to accomplish the purposes of this Security Agreement, including:

Appears in 2 contracts

Samples: Aircraft Mortgage and Security Agreement (International Lease Finance Corp), Aircraft Lease Agreement (International Lease Finance Corp)

Collateral Agent Appointed Attorney-in-Fact. The Each Grantor hereby irrevocably appoints the Collateral Agent the as such Grantor's ’s attorney-in-fact, with full authority authority, subject with respect to any Collateral constituting Second Lien Collateral, to the terms of the Intercreditor Agreement, in the place and stead of the such Grantor and in the name of the such Grantor or otherwise, from time to time in the Collateral Agent's ’s discretion, following upon the occurrence and continuation during the continuance of a Default of the nature set forth in Section 11.01(f) or 11.01(g) of the Credit Agreement or an Event of Default, to take any action and to execute any instrument which the Collateral Agent may deem necessary or advisable to accomplish the purposes of this Security Agreement, including, without limitation:

Appears in 1 contract

Samples: Security Agreement (Sterling Chemicals Inc)

Collateral Agent Appointed Attorney-in-Fact. The Grantor hereby irrevocably appoints the Collateral Agent the Grantor's attorney-in-fact, with full authority in the place and stead of the Grantor and in the name of the Grantor or otherwise, from time to time in the Collateral Agent's discretion, following the occurrence and continuation of a Default of the nature set forth in Section 11.01(f) or 11.01(g) of the Credit Agreement or an Event of Default, to take any action and to execute any instrument which the Collateral Agent may deem necessary or advisable to accomplish the purposes of this Security Agreement, including:: (a) to ask, demand, collect, sue for, recover, compromise, receive and give acquittance and recxxxts for moneys due and to become due under or in respect of any of the Collateral;

Appears in 1 contract

Samples: Subsidiary Security Agreement (Foamex International Inc)

Collateral Agent Appointed Attorney-in-Fact. The Each Grantor hereby irrevocably appoints the Collateral Agent the such Grantor's ’s attorney-in-fact, with full authority in the place and stead of the such Grantor and in the name of the such Grantor or otherwise, from time to time time, in the Collateral Agent's ’s discretion, following upon the occurrence and continuation during the continuance of a Default of the nature set forth in under Section 11.01(f6.01(a) or 11.01(g(f) of the Credit Agreement or an Event of Default, to take any action and to execute any instrument which that the Collateral Agent may deem necessary or advisable to accomplish the purposes of this Security Agreement, including, without limitation:

Appears in 1 contract

Samples: Security Agreement (Landrys Restaurants Inc)

Collateral Agent Appointed Attorney-in-Fact. The Grantor hereby irrevocably appoints the Collateral Agent the Grantor's attorney-in-fact, with full authority in the place and stead of the Grantor and in the name of the Grantor or otherwise, from time to time in the Collateral Agent's discretion, following the occurrence and continuation of a Default of the nature set forth in Section 11.01(f) or 11.01(g) of the Credit Agreement Agreement, Sections 10.01(f) or 10.01(g) of the New GFI Note or an Event of Default, to take any action and to execute any instrument which the Collateral Agent may deem necessary or advisable to accomplish the purposes of this Security Agreement, including:

Appears in 1 contract

Samples: New Gfi Security Agreement (Foamex Capital Corp)

Collateral Agent Appointed Attorney-in-Fact. The Each Grantor hereby irrevocably appoints the Collateral Agent such Grantor’s attorney in fact from time to time upon the Grantor's attorney-in-factoccurrence and during the continuance of an Event of Default, with full authority in the place and stead of the such Grantor and in the name of the such Grantor or otherwise, from time to time in the Collateral Agent's discretion, following ’s reasonable discretion upon failure of such Grantor or the occurrence Servicer to do so in accordance with the Loan Documents and continuation of a Default of the nature set forth in Section 11.01(f) or 11.01(g) of the Credit Agreement or an Event of DefaultServicing Agreements respectively, to take any action and to execute any instrument which that the Collateral Agent may reasonably deem necessary or advisable to accomplish the purposes of this Security Agreement, including, without limitation:

Appears in 1 contract

Samples: Security Agreement (Cig Wireless Corp.)

Collateral Agent Appointed Attorney-in-Fact. The Each Grantor hereby irrevocably appoints the Collateral Agent the such Grantor's attorney-in-fact, with full authority in the place and stead of the such Grantor and in the name of the such Grantor or otherwise, from time to time in the Collateral Agent's discretion, following the occurrence and continuation of a Default of the nature set forth in Section 11.01(f) or 11.01(gclause (7) of Section 6.01 of the Credit Agreement Indenture or an Event of Default, 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 and Security Agreement, including:

Appears in 1 contract

Samples: Pledge and Security Agreement (American Rock Salt Co LLC)

Collateral Agent Appointed Attorney-in-Fact. The Each Grantor hereby irrevocably appoints the Collateral Agent the such Grantor's attorney-in-fact, with full authority in the place and stead of the such Grantor and in the name of the such Grantor or otherwise, from time to time in the Collateral Agent's discretion, following the occurrence and continuation of a Default of the nature set forth in Section 11.01(f) or 11.01(gclause (f) of Section 6.01 of the Credit Agreement Indenture or an Event of Default, 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 and Security Agreement, including:

Appears in 1 contract

Samples: Pledge and Security Agreement (New World Coffee Manhattan Bagel Inc)

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Collateral Agent Appointed Attorney-in-Fact. The Upon the occurrence and during the continuation of an Event of Default, the Grantor hereby irrevocably appoints the Collateral Agent (and any officer or agent of the Collateral Agent with full power of substitution and revocation) as the Grantor's attorney-in-factfact (coupled with an interest), with full authority in the place and stead of the Grantor and in the name of the Grantor or otherwise, from time to time in the Collateral Agent's discretion, following the occurrence and continuation of a Default of the nature set forth in Section 11.01(f) or 11.01(g) of the Credit Agreement or an Event of Default, to take any action and to execute any instrument which the Collateral Agent may deem necessary or advisable to accomplish the purposes of this Security Agreement, including, without limitation:

Appears in 1 contract

Samples: Volt Security Agreement (Volt Information Sciences Inc)

Collateral Agent Appointed Attorney-in-Fact. The Upon the occurrence and during the continuation of an Event of Default, each Grantor hereby irrevocably appoints the Collateral Agent (and any officer or agent of the Collateral Agent with full power of substitution and revocation) as such Grantor's attorney-in-factfact (coupled with an interest), with full authority in the place and stead of the such Grantor and in the name of the such Grantor or otherwise, from time to time in the Collateral Agent's discretion, following the occurrence and continuation of a Default of the nature set forth in Section 11.01(f) or 11.01(g) of the Credit Agreement or an Event of Default, to take any action and to execute any instrument which the Collateral Agent may deem necessary or advisable to accomplish the purposes of this Security Agreement, including, without limitation:

Appears in 1 contract

Samples: Subsidiary Security Agreement (Volt Information Sciences Inc)

Collateral Agent Appointed Attorney-in-Fact. The Each Grantor hereby irrevocably appoints the Collateral Agent the such Grantor's attorney-in-factfact (which appointment shall be irrevocable and deemed coupled with an interest), with full authority in the place and stead of the such Grantor and in the name of the such Grantor or otherwise, from time to time in the Collateral Agent's discretion, following but at each Grantor's expense, upon and during the occurrence and continuation of a Default of the nature set forth in Section 11.01(f) or 11.01(g) of the Credit Agreement or an Event of Default, to take any action and to execute any instrument which that the Collateral Agent may deem necessary or advisable to accomplish the purposes of this Security Agreement, including, without limitation:

Appears in 1 contract

Samples: Revolving Credit and Guaranty Agreement (Lodgian Inc)

Collateral Agent Appointed Attorney-in-Fact. The Each Grantor hereby irrevocably appoints the Collateral Agent the such Grantor's attorney-in-fact, with full authority in the place and stead of the such Grantor and in the name of the such Grantor or otherwise, from time to time in the Collateral Agent's discretion, following the occurrence and during the continuation of a Default of the nature set forth in Section 11.01(f) or 11.01(gclause (6) of Section 6.01 of the Credit Agreement Indenture or an Event of Default, to take any action and to execute any instrument which the Collateral Agent may deem necessary or advisable to accomplish the purposes of this Security Agreement, including:

Appears in 1 contract

Samples: Security Agreement (Sweetheart Holdings Inc \De\)

Collateral Agent Appointed Attorney-in-Fact. The Each Grantor hereby irrevocably appoints the Collateral Agent the as such Grantor's ’s attorney-in-factfact (such appointment to cease upon the Payment in Full of the Secured Obligations, with full authority in the place and stead of the such Grantor and in the name of the such Grantor or otherwise, from time to time time, exercisable upon the occurrence and during the continuance of an Event of Default, in the Collateral Agent's ’s reasonable discretion, following the occurrence and continuation of a Default of the nature set forth in Section 11.01(f) or 11.01(g) of the Credit Agreement or an Event of Default, to take any action and to execute any instrument which that the Collateral Agent may deem necessary or advisable to accomplish the purposes of this Security Agreement, including, without limitation:

Appears in 1 contract

Samples: Security Agreement (Express, Inc.)

Collateral Agent Appointed Attorney-in-Fact. The Each Grantor hereby irrevocably appoints the Collateral Agent the such Grantor's attorney-in-fact, with full authority in the place and stead of the such Grantor and in the name of the such Grantor or otherwise, from time to time in the Collateral Agent's discretion, following the occurrence and continuation of a Default of the nature set forth in Section 11.01(f) or 11.01(gclause (6) of Section 6.01 of the Credit Agreement Indenture or an Event of Default, 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 and Security Agreement, including:

Appears in 1 contract

Samples: Pledge and Security Agreement (Telex Communications International LTD)

Collateral Agent Appointed Attorney-in-Fact. The Each Grantor hereby irrevocably appoints the Collateral Agent the such Grantor's ’s attorney-in-fact, with full authority in the place and stead of the such Grantor and in the name of the such Grantor or otherwise, from time to time in the Collateral Agent's ’s discretion, following the occurrence and continuation of a Default of the nature set forth in Section 11.01(f) or 11.01(gclause (f) of Section 6.01 of the Credit Agreement Indenture or an Event of Default, 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 and Security Agreement, including:

Appears in 1 contract

Samples: Pledge and Security Agreement (New World Restaurant Group Inc)

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