Common use of Deed Company Power of Attorney Clause in Contracts

Deed Company Power of Attorney. The Deed Company hereby irrevocably appoints each of the Deed Administrators jointly and severally as its attorney to exercise or refrain from exercising (in the Deed Administrators’ absolute discretion) any and all of the Deed Company’s rights or powers in relation to or in connection with its right, title and interest in the Assets and the Deed Company will make, do and provide all things and documents reasonably necessary to give proper effect to this clause.