Common use of COLLATERAL AGENT APPOINTED ATTORNEY Clause in Contracts

COLLATERAL AGENT APPOINTED ATTORNEY. IN-FACT. Grantor hereby irrevocably appoints Collateral Agent as Grantor's attorney-in-fact (which appointment shall be irrevocable and deemed coupled with an interest), with full authority in the place and stead of Grantor and in the name of Grantor or otherwise, from time to time in Collateral Agent's discretion, upon and during the occurrence and continuation of an Event of Default, to take any action and to execute any instrument which Collateral Agent may deem necessary or advisable to accomplish the purposes of this Agreement, including, without limitation:

Appears in 6 contracts

Samples: Subordinated Security Agreement (Warp Technology Holdings Inc), Subordinated Subsidiary Security Agreement (Warp Technology Holdings Inc), Senior Subsidiary Security Agreement (Warp Technology Holdings Inc)

AutoNDA by SimpleDocs

COLLATERAL AGENT APPOINTED ATTORNEY. IN-FACT, IRREVOCABLE POWER OF ATTORNEY. Each Grantor hereby irrevocably appoints the Collateral Agent (such appointment being coupled with an interest) as such Grantor's ’s attorney-in-fact (which appointment shall be irrevocable and deemed coupled with an interest)fact, with full authority in the place and stead of such Grantor and in the name of Grantor such Grantor, the Collateral Agent or otherwise, from time to time in the Collateral Agent's discretion, upon and during the occurrence and continuation of an Event of Default, ’s discretion 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 Agreement, including, without limitation, the following:

Appears in 2 contracts

Samples: Pledge and Security Agreement (St Cloud Capital Partners Lp), Pledge and Security Agreement (Prolong International Corp)

COLLATERAL AGENT APPOINTED ATTORNEY. INin-FACTFact. Each Grantor hereby irrevocably appoints the Collateral Agent as such Grantor's attorney-in-fact (which appointment shall be irrevocable and deemed coupled with an interest)fact, with full authority in the place and stead of such Grantor and in the name of such Grantor or otherwise, from time to time in Collateral Agent's discretiontime, upon the occurrence and during the occurrence and continuation continuance of an Event of Default, in the Collateral Agent's discretion, 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 Agreement, including, without limitation:

Appears in 2 contracts

Samples: Security Agreement (Itc Deltacom Inc), Security Agreement (Itc Deltacom Inc)

COLLATERAL AGENT APPOINTED ATTORNEY. IN-FACT. Each Grantor hereby irrevocably appoints the Collateral Agent as such Grantor's attorney-in-fact (which appointment shall be irrevocable and deemed coupled with an interest)attorney in fact, with full authority in the place and stead of such Grantor and in the name of such Grantor or otherwise, from time to time in Collateral Agent's discretion, upon the occurrence and during the occurrence and continuation continuance of an Event of Default, in the Collateral Agent's discretion, 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 Agreement, including, without limitation:

Appears in 1 contract

Samples: Security Agreement (Foster Wheeler LTD)

COLLATERAL AGENT APPOINTED ATTORNEY. IN-FACT, IRREVOCABLE POWER OF ATTORNEY. Grantor hereby irrevocably appoints the Collateral Agent (such appointment being coupled with an interest) as such Grantor's ’s attorney-in-fact (which appointment shall be irrevocable and deemed coupled with an interest)fact, with full authority in the place and stead of such Grantor and in the name of Grantor such Grantor, the Collateral Agent or otherwise, from time to time in the Collateral Agent's discretion, upon and during the occurrence and continuation of an Event of Default, ’s discretion 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 Agreement, including, without limitation, the following:

Appears in 1 contract

Samples: Security Agreement (St Cloud Capital Partners Lp)

AutoNDA by SimpleDocs

COLLATERAL AGENT APPOINTED ATTORNEY. IN-FACT. FACT Each Grantor hereby irrevocably appoints Collateral Agent as such Grantor's attorney-in-fact (which appointment shall be irrevocable and deemed coupled with an interest)fact, with full authority in the place and stead of such Grantor and in the name of Grantor such Grantor, Collateral Agent or otherwise, from time to time upon the occurrence and continuance of Event of Default, in Collateral Agent's discretion, upon and during the occurrence and continuation of an Event of Default, discretion to take any action and to execute any instrument which that Collateral Agent may deem reasonably necessary or advisable to accomplish the purposes of this Agreement, including, without limitation, the following:

Appears in 1 contract

Samples: Pledge and Security Agreement (Anthony Crane Rental Lp)

COLLATERAL AGENT APPOINTED ATTORNEY. IN-FACT, IRREVOCABLE POWER OF ATTORNEY. Grantor hereby irrevocably appoints the Collateral Agent (such appointment being coupled with an interest) as such Grantor's attorney-in-fact (which appointment shall be irrevocable and deemed coupled with an interest)fact, with full authority in the place and stead of such Grantor and in the name of Grantor such Grantor, the Collateral Agent or otherwise, from time to time in the Collateral Agent's discretion, upon and during the occurrence and continuation of an Event of Default, discretion 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 Agreement, including, without limitation, the following:

Appears in 1 contract

Samples: Security Agreement (Viking Systems Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.