Common use of Collateral Agent’s Appointment as Attorney-in-Fact Clause in Contracts

Collateral Agent’s Appointment as Attorney-in-Fact. (a) If an Event of Default shall have occurred and be continuing, the Borrower hereby irrevocably constitutes and appoints the Collateral Agent and any officer or agent thereof, with full power of substitution, as its true and lawful attorney-in-fact with full irrevocable power and authority in the place and stead of the Borrower, and in the name of the Borrower, or in its own name, from time to time at the written direction of the Lender, for the purpose of carrying out the terms of this Loan Agreement and the other Loan Documents, to take any and all appropriate action and to execute any and all documents and instruments related to the Collateral which may be necessary to accomplish the purposes of this Loan Agreement and the other Loan Documents, and, without limiting the generality of the foregoing, the Borrower hereby gives the Collateral Agent the power and right, on behalf of the Borrower, without assent by, but with notice to, the Borrower, if an Event of Default shall have occurred and be continuing, to do the following:

Collateral Agent’s Appointment as Attorney-in-Fact. (a) If an Event Each of Default shall have occurred TFC and be continuing, the Borrower hereby irrevocably constitutes and appoints the Collateral Agent and any officer or agent thereof, with full power of substitution, as its true and lawful attorney-in-fact with full irrevocable power and authority in the place and stead of TFC and the Borrower, respectively, and in the name of TFC and the Borrower, respectively, or in its own name, from time to time at in the written direction of the LenderCollateral Agent's discretion, for the purpose of carrying out the terms of this Loan Agreement and the other Loan Documents, to take any and all appropriate action and to execute any and all documents and instruments related to the Collateral which may be necessary to accomplish the purposes of this Loan Agreement and the other Loan Documents, and, without limiting the generality of the foregoing, each of TFC and the Borrower hereby gives the Collateral Agent the power and right, on behalf of TFC and the Borrower, respectively, without assent by, but with notice to, TFC and the Borrower, if an Event of Default shall have occurred and be continuing, to do the following:

Collateral Agent’s Appointment as Attorney-in-Fact. (a) If an Event Each of Default shall have occurred FinPac and be continuing, the Borrower hereby irrevocably constitutes and appoints the Collateral Agent and any officer or agent thereof, with full power of substitution, as its true and lawful attorney-in-fact with full irrevocable power and authority in the place and stead of FinPac and the Borrower, respectively, and in the name of FinPac and the Borrower, respectively, or in its own name, from time to time at in the written direction of the LenderCollateral Agent's discretion, for the purpose of carrying out the terms of this Loan Agreement and the other Loan Documents, to take any and all appropriate action and to execute any and all documents and instruments related to the Collateral which may be necessary to accomplish the purposes of this Loan Agreement and the other Loan Documents, and, without limiting the generality of the foregoing, each of FinPac and the Borrower hereby gives the Collateral Agent the power and right, on behalf of FinPac and the Borrower, respectively, without assent by, but with or notice to, FinPac and the Borrower, if an Event of Default shall have occurred and be continuing, to do the following: