Common use of Effective Date and Termination Date Clause in Contracts

Effective Date and Termination Date. The powers and authority of the SERVICER as attorney-in-fact herein granted shall commence and be in full force and effect from the date this Power of Attorney is executed, and such rights, powers and authority shall remain in full force and effect thereafter until revoked in writing.

Appears in 3 contracts

Samples: Master Loan Purchase and Sale Agreement (ILS Fixed Horizon LLC), Master Loan Purchase and Sale Agreement (ILS Fixed Horizon LLC), Master Loan Purchase and Sale Agreement (ILS Fixed Horizon LLC)

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Effective Date and Termination Date. The powers and authority of the SERVICER as attorney-in-fact herein granted shall commence and be in full force and effect from the date this Power of Attorney is executed, and such rights, powers and authority shall remain in full force and effect thereafter until revoked . If no date is inserted in writingthis paragraph, this Power of Attorney shall be deemed to expire three (3) years after its execution.

Appears in 2 contracts

Samples: Power of Attorney, Power of Attorney

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