Duration of Power of Attorney Sample Clauses

Duration of Power of Attorney. It is expressly intended by each of the Owners that the Power of Attorney granted under this Section 4.05 is coupled with an interest, and it is agreed that such Power of Attorney shall survive (i) the dissolution, death or incompetency of any Owner and (ii) the assignment by any Owner of the whole or any portion of such Owner’s Beneficial Interest.
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Duration of Power of Attorney. This Power of Attorney shall take effect immediately upon execution and shall remain in full force and effect until the earliest of the following events: The personal injury claim is fully resolved, whether by settlement, judgment, or dismissal, and all matters related thereto have been concluded. I provide written notice of revocation to the Attorney-in-Fact, expressly terminating this Power of Attorney.
Sample 1
Duration of Power of Attorney. 48 SECTION 11. MISCELLANEOUS. . . . . . . . . . . . . . . . . . . . . . . . . 48 11.1 Notices . . . . . . . . . . . . . . . . . . . . . . . . 48 11.2 Amendments. . . . . . . . . . . . . . . . . . . . . . . 49
Sample 1
Duration of Power of Attorney. It is expressly intended by each of the Investor Limited Partners and the General Partner that the power of attorney granted under Section 10.1 (the "Power of Attorney") is coupled with an interest, and it is agreed that the Power of Attorney shall survive (a) the death, incompetency, dissolution or merger of any Investor Limited Partner or Attorney and (b) the assignment by any Investor Limited Partner of the whole or any portion of its Interest, except that, where the transferee of the Interest has been approved by the General Partner for admission to the Partnership as a Substituted Investor Limited Partner, the Power of Attorney shall survive such transfer for the sole purpose of enabling the Attorney to execute, acknowledge and file any instrument or document necessary to effect such substitution.
Sample 1
Duration of Power of Attorney. It is expressly intended by the Limited Partner that the Power of Attorney granted under Section 11.1 is coupled with an interest, and it is agreed that such Power of Attorney shall survive (a) the dissolution, death or incompetency of the Limited Partner and (b) the assignment by the Limited Partner of the whole or any portion of such Partner's Partnership interest, except that, where the transferee of the interest of the Limited Partner has been approved by the General Partner for admission to the Partnership as a Substitute Limited Partner, the power of attorney shall survive such transfer for the sole purpose of enabling the General Partner to execute, acknowledge and file any instrument or document necessary to effect such substitution.
Sample 1
Duration of Power of Attorney. It is intended that the power ----------- ----------------------------- of attorney granted under Section 2.4 above is coupled with an interest. Such power of attorney shall survive any assignment by a Member of the whole or any part of his or her interest in the Company as may be permitted hereunder until such time as all actions necessary to effect the substitution of the assignee thereof as a substitute Member shall have been performed, and shall also, to the extent permitted by law, survive the death, bankruptcy, or incompetency of the Member. Nonetheless, this power of attorney shall terminate upon the complete withdrawal of a Member from participation in the Company.
Sample 1
Duration of Power of Attorney. The power of attorney granted pursuant to Section 13 of this Subscription Agreement is coupled with an interest and shall be irrevocable, and (i) shall survive and not be affected by the subsequent Bankruptcy, termination or dissolution of the Subscriber; (ii) may be exercised by the General Partner either by signing separately as attorney-in-fact for the Subscriber or by acting as attorneys-in-fact for all of the Limited Partners, including the Subscriber; and
Sample 1
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Related to Duration of Power of Attorney

  • Power of Attorney (a) Each Member hereby constitutes and appoints each of the Chief Executive Officer, the Chief Financial Officer and the Secretary of the Company and, if a Liquidating Trustee shall have been selected pursuant to Section 6.2(a), the Liquidating Trustee (and any successor to the Liquidating Trustee by merger, transfer, assignment, election or otherwise) and each of their authorized officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and sxxxx, to: (i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices: (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Formation and all amendments or restatements hereof or thereof) that the Chief Executive Officer, Chief Financial Officer or Secretary of the Company, or the Liquidating Trustee, determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Company as a limited liability company in the State of Delaware and in all other jurisdictions in which the Company may conduct business or own property; (B) all certificates, documents and other instruments that the Chief Executive Officer, the Chief Financial Officer or Secretary of the Company, or the Liquidating Trustee, determines to be necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the Board or the Liquidating Trustee determines to be necessary or appropriate to reflect the dissolution, liquidation and termination of the Company pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments relating to the admission, withdrawal, removal or substitution of any Member pursuant to, or other events described in, ARTICLE 2 or ARTICLE 3; and (E) all certificates, documents and other instruments (including agreements and a certificate of merger) relating to a merger, consolidation or conversion of the Company; and (ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that the Board or the Liquidating Trustee determines to be necessary or appropriate to (i) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Members hereunder or is consistent with the terms of this Agreement or (ii) effectuate the terms or intent of this Agreement; provided, that when required by any provision of this Agreement that establishes a percentage of the Members or of the Members of any class or series required to take any action, the Chief Executive Officer, Chief Financial Officer or Secretary of the Company, or the Liquidating Trustee, may exercise the power of attorney made in this Section 1.7(a)(ii) only after the necessary vote, consent, approval, agreement or other action of the Members or of the Members of such class or series, as applicable. (b) Nothing contained in this Section 1.7 shall be construed as authorizing the Chief Executive Officer, Chief Financial Officer or Secretary of the Company, or the Liquidating Trustee, to amend, change or modify this Agreement except in accordance with Section 8.2 or as may be otherwise expressly provided for in this Agreement. (c) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Member and the Transfer of all or any portion of such Member’s Shares and shall extend to such Member’s heirs, successors, assigns and personal representatives. Each such Member hereby agrees to be bound by any representation made by the Chief Executive Officer, Chief Financial Officer or Secretary of the Company, or the Liquidating Trustee, acting in good faith pursuant to such power of attorney; and each such Member, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the Chief Executive Officer, Chief Financial Officer or Secretary of the Company, or the Liquidating Trustee, taken in good faith under such power of attorney in accordance with Section 1.7. Each Member shall execute and deliver to the Chief Executive Officer, Chief Financial Officer or Secretary of the Company, or the Liquidating Trustee, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as any of such Officers or the Liquidating Trustee determines to be necessary or appropriate to effectuate this Agreement and the purposes of the Company.

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