Common use of Duration of Power of Attorney Clause in Contracts

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.

Appears in 13 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

AutoNDA by SimpleDocs

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 the Owner and (ii) the assignment by any Owner of the whole or any portion of such Owner’s 's Beneficial Interest.

Appears in 5 contracts

Samples: Trust Agreement (National Collegiate Student Loan Trust 2004-1), Trust Agreement (National Collegiate Trust 1997-S2), Trust Agreement (National Collegiate Student Loan Trust 2004-2)

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 4.06 is coupled with an interest, and it is agreed that such Power of Attorney shall survive (i) the dissolution, death or incompetency of any the Owner and (ii) the assignment by any Owner of the whole or any portion of such Owner’s 's Beneficial Interest.

Appears in 3 contracts

Samples: Trust Agreement (National Collegiate Trust 1996-S2), Trust Agreement (National Collegiate Trust 1996-S2), Trust Agreement (National Collegiate Trust 1996-S2)

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.. ARTICLE V

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

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 the Owner and (ii) the assignment by any Owner of the whole or any portion of such Owner’s Beneficial Interest.

Appears in 1 contract

Samples: Trust Agreement (National Collegiate Student Loan Trust 2005-2)

AutoNDA by SimpleDocs

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 's Beneficial Interest.

Appears in 1 contract

Samples: Trust Agreement (National Collegiate Student Loan Trust 2007-2)

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 Beneficial Interest.

Appears in 1 contract

Samples: Trust Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!