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

Collateral Agent’s Appointment as Attorney-in-Fact. i) Each Wholly Owned Holdco Guarantor hereby irrevocably constitutes and appoints the Collateral Agent, 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 such Wholly Owned Holdco Guarantor and in the name of such Wholly Owned Holdco Guarantor or in its own name so long as any Obligations are outstanding, for the purpose of carrying out the terms of the Loan Documents, to take any appropriate action and to execute any document or instrument that may be necessary or desirable to accomplish the purposes of the Loan Documents, and, without limiting the generality of the foregoing, each Wholly Owned Holdco Guarantor hereby gives the Collateral Agent and its directors, officers and employees the power and right, on behalf of such Wholly Owned Holdco Guarantor, without notice to or assent by such Wholly Owned Holdco Guarantor, to do any of the following:

Appears in 2 contracts

Samples: Guaranty and Security Agreement (Sunrun Inc.), Guaranty and Security Agreement (Sunrun Inc.)

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Collateral Agent’s Appointment as Attorney-in-Fact. i(a) Each Wholly Owned Holdco Opco Guarantor hereby irrevocably constitutes and appoints the Collateral Agent, 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 such each Wholly Owned Holdco Opco Guarantor and in the name of such Wholly Owned Holdco Opco Guarantor or in its own name so as long as any Obligations are remain outstanding, for the purpose of carrying out the terms of the Loan Documents, to take any appropriate action and to execute any document or instrument that may be necessary or desirable to accomplish the purposes of the Loan Documents, and, without limiting the generality of the foregoing, each Wholly Owned Holdco Opco Guarantor hereby gives the Collateral Agent and its directors, officers and employees the power and right, on behalf of such any Wholly Owned Holdco Opco Guarantor, without notice to or assent by such any Wholly Owned Holdco Opco Guarantor, to do any of the following:

Appears in 2 contracts

Samples: Guaranty and Security Agreement (Sunrun Inc.), Guaranty and Security Agreement (Sunrun Inc.)

Collateral Agent’s Appointment as Attorney-in-Fact. i) Each (a)Each Wholly Owned Holdco Opco Guarantor hereby irrevocably constitutes and appoints the Collateral Agent, 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 such each Wholly Owned Holdco Opco Guarantor and in the name of such Wholly Owned Holdco Opco Guarantor or in its own name so as long as any Obligations are remain outstanding, for the purpose of carrying out the terms of the Loan Documents, to take any appropriate action and to execute any document or instrument that may be necessary or desirable to accomplish the purposes of the Loan Documents, and, without limiting the generality of the foregoing, each Wholly Owned Holdco Opco Guarantor hereby gives the Collateral Agent and its [***] Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission. directors, officers and employees the power and right, on behalf of such any Wholly Owned Holdco Opco Guarantor, without notice to or assent by such any Wholly Owned Holdco Opco Guarantor, to do any of the following:

Appears in 1 contract

Samples: Guaranty and Security Agreement (Sunrun Inc.)

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Collateral Agent’s Appointment as Attorney-in-Fact. i) Each i)Each Wholly Owned Holdco Guarantor hereby irrevocably constitutes and appoints the Collateral Agent, 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 such Wholly Owned Holdco Guarantor and in the name of such Wholly Owned Holdco Guarantor or in its own name so long as any Obligations are outstanding, for the purpose of carrying out the terms of the Loan Documents, to take any appropriate action and to execute any document or instrument that may be necessary or desirable to accomplish the purposes of the Loan Documents, and, without limiting the generality of the foregoing, each Wholly Owned Holdco Guarantor hereby gives the Collateral Agent and its directors, officers and employees the power and right, on behalf of such Wholly Owned Holdco Guarantor, without notice to or assent by such Wholly Owned Holdco Guarantor, to do any of the following:

Appears in 1 contract

Samples: Guaranty and Security Agreement (Sunrun Inc.)

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