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, with full authority in the place and stead of Grantor and in the name of Grantor, Collateral Agent or otherwise, from time to time (a) upon the occurrence and during the continuance of an Event of Default or (b) with respect to any action or the execution of any instrument that Collateral Agent may deem necessary or advisable to accomplish the purposes of this Agreement, (i) upon the occurrence and during the continuance of a Potential Event of Default or (ii) after the fifth Business Day after Collateral Agent makes a written request to Grantor to take such action or execute such instrument (provided that Grantor fails to fully comply with such request on or prior to such fifth Business Day) in Collateral Agent's discretion to take any action and to execute any instrument that Collateral Agent may deem necessary or advisable to accomplish the purposes of this Agreement, including without limitation:

Appears in 1 contract

Samples: Credit Agreement (Dictaphone Corp /De)

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COLLATERAL AGENT APPOINTED ATTORNEY. IN-IN- FACT. Grantor hereby irrevocably appoints Collateral Agent as Grantor's attorney-in-fact, with full authority in the place and stead of Grantor and in the name of Grantor, Collateral Agent or otherwise, from time to time (a) upon the occurrence and during the continuance of an Event of Default or (b) with respect to any action or the execution of any instrument that Collateral Agent may deem necessary or advisable to accomplish the purposes of this Agreement, (i) upon the occurrence and during the continuance of a Potential Event of Default or (ii) after the fifth Business Day after Collateral Agent makes a written request to Grantor to take such action or execute such instrument (provided that Grantor fails to fully comply with such request on or prior to such fifth Business Day) in Collateral Agent's discretion to take any action and to execute any instrument that Collateral Agent may deem necessary or advisable to accomplish the purposes of this Agreement, including without limitation:

Appears in 1 contract

Samples: Credit Agreement (Dictaphone Corp /De)

COLLATERAL AGENT APPOINTED ATTORNEY. IN-FACT. Grantor hereby irrevocably appoints Collateral Agent as Grantor's attorney-in-fact, with full authority in the place and stead of Grantor and in the name of Grantor, Collateral Agent or otherwise, from time to time (a) upon the occurrence and during the continuance of an Event of Default or (b) with respect to any action or the execution of any instrument that Collateral Agent may deem necessary or advisable to accomplish the purposes of this Agreement, (i) upon the occurrence and during the continuance of a Potential Event of Default (as defined in any Credit Agreement) or (ii) after the fifth Business Day after Collateral Agent makes a written request to Grantor to take such action or execute such instrument (provided that Grantor fails to fully comply with such request on or prior to such fifth Business Day) in Collateral Agent's discretion to take any action and to execute any instrument that Collateral Agent may deem necessary or advisable to accomplish the purposes of this Agreement, including without limitation:

Appears in 1 contract

Samples: Credit Agreement (Dictaphone Corp /De)

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COLLATERAL AGENT APPOINTED ATTORNEY. IN-FACT. Grantor Assignor hereby irrevocably appoints Collateral Agent as GrantorAssignor's attorney-in-fact, with full authority in the place and stead of Grantor Assignor and in the name of GrantorAssignor, Collateral Agent or otherwise, from time to time (a) upon the occurrence and during the continuance of an Event of Default or (b) with respect to any action or the execution of any instrument that Collateral Agent may deem necessary or advisable to accomplish the purposes of this Agreement, (i) upon the occurrence and during the continuance of a Potential Event of Default (as defined in any Credit Agreement) or (ii) after the fifth Business Day after Collateral Agent makes a written request to Grantor Pledgor to take such action or execute such instrument (provided that Grantor Pledgor fails to fully comply with such request on or prior to such fifth Business Day) in Collateral Agent's discretion to take any action and to execute any instrument that Collateral Agent may deem necessary or advisable to accomplish the purposes of this Agreement, including without limitation:

Appears in 1 contract

Samples: Credit Agreement (Dictaphone Corp /De)

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