Common use of Exercise of Powers of Attorney Clause in Contracts

Exercise of Powers of Attorney. The Lender shall not exercise any rights or powers pursuant to any power of attorney granted to the Lender pursuant to the First Preferred Mortgage or the other Loan Documents until the occurrence, and then only during the continuance, of an Event of Default.

Exercise of Powers of Attorney. The Lender shall not exercise any rights or powers pursuant to any power of attorney granted to the Lender pursuant to the First Preferred Mortgage Mortgages or the other Loan Documents until the occurrence, and then only during the continuance, of an Event of Default. “ . The Lender shall not exercise any rights or powers pursuant to any power of attorney granted to the Lender pursuant to the Mortgages or the other Loan Documents until the occurrence, and then only during the continuance, of an Event of Default.

Exercise of Powers of Attorney. The Lender shall not exercise any rights or powers pursuant to any power of attorney granted to the Lender pursuant to the First Preferred Mortgage or the other Loan Documents until the occurrence, and then only during the continuance, of an Event of Default. “ . The Lender shall not exercise any rights or powers pursuant to any power of attorney granted to the Lender pursuant to the Mortgage or the other Loan Documents until the occurrence, and then only during the continuance, of an Event of Default.

Exercise of Powers of Attorney. The Lender shall not exercise any rights or powers pursuant to any power of attorney granted to the Lender pursuant to the First Preferred Fleet Mortgage or the other Loan Documents until except upon the occurrence, occurrence and then only during the continuance, continuance of an Event of Default.