Common use of Collateral Trustee Appointed Attorney-in-Fact Clause in Contracts

Collateral Trustee Appointed Attorney-in-Fact. Each Grantor hereby irrevocably appoints the Collateral Trustee such Grantor’s 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, upon the occurrence and during the continuance of a Priority Lien Default, in the Collateral Trustee’s discretion, to take any action and to execute any instrument that the Collateral Trustee may deem necessary or advisable to accomplish the purposes of this Agreement, including, without limitation:

Appears in 1 contract

Samples: Security Agreement (Solo Cup CO)

AutoNDA by SimpleDocs

Collateral Trustee Appointed Attorney-in-Fact. Each Grantor hereby irrevocably appoints the Collateral Trustee such Grantor’s attorney in its 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 timetime in the Collateral Trustee's discretion, upon following the occurrence and during the continuance of a Priority Lien Specified Default, in the Collateral Trustee’s discretion, to take any action and to execute any instrument that which the Collateral Trustee may deem necessary or advisable to accomplish the purposes of this Security Agreement, including, without limitation:

Appears in 1 contract

Samples: Credit Agreement (Champion Enterprises Inc)

Collateral Trustee Appointed Attorney-in-Fact. Each Grantor hereby irrevocably appoints the Collateral Trustee such Grantor’s attorney in 's 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, upon the occurrence and time during the continuance of a Priority Lien DefaultSecurity Period after an Actionable Default has occurred and is continuing, in the Collateral Trustee’s 's discretion, to take any action and to execute any instrument that the Collateral Trustee may deem necessary or advisable to accomplish the purposes of this Agreement, including, without limitation:

Appears in 1 contract

Samples: Security Agreement (Avaya Inc)

AutoNDA by SimpleDocs

Collateral Trustee Appointed Attorney-in-Fact. Each The Grantor hereby irrevocably appoints the Collateral Trustee such the Grantor’s attorney in 's attorney-in-fact, with full authority in the place and stead of such the Grantor and in the name of such the Grantor or otherwise, from time to time, time upon the occurrence and during the continuance of a Priority Lien Default, an Actionable Default in the Collateral Trustee’s 's discretion, to take any action and to execute any instrument that the Collateral Trustee may deem necessary or advisable to accomplish the purposes of this Agreement, including, without limitation:

Appears in 1 contract

Samples: Security Agreement (Polyone Corp)

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