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: (i) to obtain and adjust insurance required to be paid to Collateral Agent pursuant to Section 10 hereof, (ii) to ask, demand, collect, xxx for, recover, compound, receive and give acquittance and receipts for moneys due and to become due under or in respect of any of the Collateral, (iii) to receive, endorse, and collect any drafts or other instruments, documents and chattel paper, in connection with clause (i) or (ii) above, (iv) to receive, endorse and collect all instruments made payable to Grantor 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 (v) to file any claims or take any action or institute any proceedings which Collateral Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of Collateral Agent with respect to any of the Collateral.

COLLATERAL AGENT APPOINTED ATTORNEY. INin-FACTFact. Grantor Each Assignor hereby irrevocably appoints the Collateral Agent as Grantorsuch Assignor's attorney-in-fact (which appointment shall be irrevocable and deemed coupled with an interest)fact, with full authority and in the name, place and stead of Grantor and the Assignor or in the name of Grantor or otherwiseits own name, from time to time in the Collateral Agent's discretion, to take, upon the occurrence and during the occurrence and continuation continuance of 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 Agreement, including, including without limitation: (i) to obtain and adjust insurance required to be paid to Collateral Agent pursuant to Section 10 hereof, (iia) to ask, demand, collect, xxx forsue xxx, recover, compound, compromise and receive and give acquittance and receipts for moneys due and to become due under or in respect of any of the Collateral,; (iiib) to receive, endorse, endorse and collect any drafts or other instruments, documents and chattel paper, in connection with clause (i) or (iia) above,; (iv) to receive, endorse and collect all instruments made payable to Grantor 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 (vc) to file any claims or take any action or institute any proceedings which the Collateral Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of the Collateral Agent with respect to any of the Collateral; and (d) to perform the affirmative obligations of such Assignor hereunder (including all obligations of such Assignor pursuant to Section 4.1).

COLLATERAL AGENT APPOINTED ATTORNEY. IN-FACT. Grantor Pledgor hereby irrevocably appoints Collateral Agent as GrantorPledgor'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 Grantor Pledgor and in the name of Grantor Pledgor or otherwise, from time to time 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 instrument, including but not limited to financing and continuation statements, which Collateral Agent may deem necessary or advisable to accomplish the purposes of this Agreement, including, without limitation: (i) , to obtain receive, endorse and adjust insurance required collect all instruments made payable to be paid Pledgor representing any dividend, principal or interest payment or other distribution in respect of the Pledged Collateral or any part thereof and to Collateral Agent pursuant to Section 10 hereof, (ii) give full discharge for the same, to ask, demand, collect, xxx for, recover, compound, receive and give acquittance and receipts for moneys due and to become due under or in respect of any of the Pledged Collateral, (iii) to receive, endorse, and collect any drafts or other instruments, documents and chattel paper, in connection with clause (i) or (ii) above, (iv) to receive, endorse and collect all instruments made payable to Grantor 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 (v) to file any claims or take any action or institute any proceedings which Collateral Agent may deem necessary or desirable for the collection of any of the Pledged Collateral or otherwise to enforce the rights of Collateral Agent with respect to any of the Pledged Collateral.