Common use of Federal Transfers Clause in Contracts

Federal Transfers. Upon a sale conducted pursuant to this Article V of all or any portion of the Collateral consisting of interests (the "Federal Interests") in leases, easements, rights-of-way, agreements or other documents and instruments covering, affecting or otherwise relating to federal lands (including, without limitation, leases, easements and rights- of-way issued by the Bureau of Land Management); Debtors agree to take all action and execute all instruments necessary or advisable to transfer the Federal Interests to the purchaser at such sale, including without limitation, to execute, acknowledge and deliver assignments of the Federal Interests on officially approved forms in sufficient counterparts to satisfy applicable statutory and regulatory requirements, to seek and request approval thereof and to take all other action necessary or advisable in connection therewith. Debtors hereby irrevocably appoint Secured Party as Debtors' attorney-in-fact and proxy, with full power and authority in the place and xxxxx of Debtors, in the name of Debtors or otherwise, to take any such action and to execute any such instruments on behalf of Debtors that Secured Party may deem necessary or advisable to so transfer the Federal Interests, including without limitation, the power and authority to execute, acknowledge and deliver such assignments, to seek and request approval thereof and to take all other action deemed necessary or advisable by Secured Party in connection therewith; and Debtors hereby adopt, ratify and confirm all such actions and instruments. By separate instruments Debtors has also irrevocably appointed Secured Party as Debtors' attorney-in-fact and proxy, with full power and authority in the place and xxxxx of Debtors, in the name of Debtors or otherwise, to take any such action and to execute any such instruments on behalf of Debtors that Secured Party may deem necessary or advisable to so transfer the Federal Interests, including without limitation, the power and authority to execute, acknowledge and deliver such assignments, to seek and request approval thereof and to take all other action deemed necessary or advisable by Secured Party in connection therewith; and by such separate instruments Debtors have adopted, ratified and confirmed all such actions and instruments. Such powers of attorney and proxies are coupled with an interest, shall survive the dissolution, termination, reorganization or other incapacity of Debtors and shall be irrevocable. No action taken by Secured Party shall constitute acknowledgment of, or assumption of liabilities relating to, the Federal Interests, and neither Debtors nor any other party may claim that Secured Party is bound, directly or indirectly, by any such action.

Federal Transfers. Upon a sale conducted pursuant to this Article V of all or any portion of the Collateral consisting of interests (the "“Federal Interests"”) in leases, easements, rights-of-way, agreements or other documents and instruments covering, affecting or otherwise relating to federal lands (including, without limitation, including leases, easements and rights- rights-of-way issued by the Bureau of Land Management); Debtors agree Debtor agrees to take all action and execute all instruments necessary or advisable to transfer the Federal Interests to the purchaser at such sale, including without limitation, to execute, acknowledge and deliver assignments of the Federal Interests on officially approved forms in sufficient counterparts to satisfy applicable statutory and regulatory requirements, to seek and request approval thereof and to take all other action necessary or advisable in connection therewith. Debtors By separate instruments, Debtor has irrevocably appointed, and by this Instrument hereby irrevocably appoint appoints, Secured Party as Debtors' Debtor’s attorney-in-fact and proxy, with full power and authority in the place and xxxxx sxxxx of DebtorsDebtor, in the name of Debtors Debtor or otherwise, to take any such action and to execute any such instruments on behalf of Debtors Debtor that Secured Party may deem necessary or advisable to so transfer the Federal Interests, including without limitation, the power and authority to execute, acknowledge and deliver such assignments, to seek and request approval thereof and to take all other action deemed necessary or advisable by Secured Party in connection therewith; and Debtors Debtor hereby adoptadopts, ratify ratifies and confirm confirms all such actions and instruments. By separate instruments Debtors Debtor has also irrevocably appointed Secured Party as Debtors' Debtor’s attorney-in-fact and proxy, with full power and authority in the place and xxxxx sxxxx of DebtorsDebtor, in the name of Debtors Debtor or otherwise, to take any such action and to execute any such instruments on behalf of Debtors Debtor that Secured Party may deem necessary or advisable to so transfer the Federal Interests, including without limitation, the power and authority to execute, acknowledge and deliver such assignments, to seek and request approval thereof and to take all other action deemed necessary or advisable by Secured Party in connection therewith; and by such separate instruments Debtors have Debtor has adopted, ratified and confirmed all such actions and instruments. Such powers of attorney and proxies are coupled with an interest, shall survive the dissolution, termination, reorganization or other incapacity of Debtors Debtor and shall be irrevocable. No action taken by Secured Party shall constitute acknowledgment of, or assumption of liabilities relating to, the Federal Interests, and neither Debtors Debtor nor any other party may claim that Secured Party is bound, directly or indirectly, by any such action.

Federal Transfers. Upon a sale conducted pursuant to this Article V VIII of all or any portion of the Collateral Mortgaged Property consisting of interests (the "“Federal Interests"”) in leases, easements, rights-of-way, agreements or other documents and instruments covering, affecting or otherwise relating to federal lands (including, without limitation, leases, easements and rights- rights-of-way issued by the Bureau of Land Management); Debtors agree the Mortgagor agrees to take all action and execute all instruments reasonably necessary or advisable to transfer the Federal Interests to the purchaser at such sale, including including, without limitation, to execute, acknowledge and deliver assignments of the Federal Interests on officially approved forms in sufficient counterparts to satisfy applicable statutory and regulatory requirements, to seek and request approval thereof and to take all other action necessary or advisable in connection therewith. Debtors The Mortgagor hereby irrevocably appoint Secured Party appoints the Mortgagee as Debtors' the Mortgagor’s attorney-in-fact and proxy, with full power and authority in the place and xxxxx stead of Debtorsthe Mortgagor, in the name of Debtors the Mortgagor or otherwise, to take take, following the occurrence of an Event of Default that has not been waived, any such action and to execute any such instruments on behalf of Debtors the Mortgagor that Secured Party the Mortgagee may deem reasonably necessary or advisable to so transfer the Federal Interests, including without limitation, the power and authority to execute, acknowledge and deliver such assignments, to seek and request approval thereof and to take all other action deemed necessary or advisable by Secured Party the Mortgagee in connection therewith; and Debtors the Mortgagor hereby adoptadopts, ratify ratifies and confirm all such actions and instruments. By separate instruments Debtors has also irrevocably appointed Secured Party as Debtors' attorney-in-fact and proxy, with full power and authority in the place and xxxxx of Debtors, in the name of Debtors or otherwise, to take any such action and to execute any such instruments on behalf of Debtors that Secured Party may deem necessary or advisable to so transfer the Federal Interests, including without limitation, the power and authority to execute, acknowledge and deliver such assignments, to seek and request approval thereof and to take all other action deemed necessary or advisable by Secured Party in connection therewith; and by such separate instruments Debtors have adopted, ratified and confirmed confirms all such actions and instruments. Such powers power of attorney and proxies proxy are coupled with an interest, shall survive the dissolution, termination, reorganization or other incapacity of Debtors the Mortgagor and shall be irrevocableirrevocable until this Mortgage is released pursuant to Section 9.3 hereof. No action taken by Secured Party the Mortgagee shall constitute acknowledgment of, or assumption of liabilities relating to, the Federal Interests, and neither Debtors the Mortgagor nor any other party may claim that Secured Party Mortgagee is bound, directly or indirectly, by any such action.

Federal Transfers. Upon a sale conducted pursuant to this Article ARTICLE V of all or any portion of the Collateral consisting of interests (the "“Federal Interests"”) in leases, easements, rights-of-way, agreements or other documents and instruments covering, affecting or otherwise relating to federal lands (including, without limitation, including leases, easements and rights- rights-of-way issued by the Bureau of Land Management); Debtors agree Debtor agrees to take all action and execute all instruments necessary or advisable to transfer the Federal Interests to the purchaser at such sale, including without limitation, to execute, acknowledge and deliver assignments of the Federal Interests on officially approved forms in sufficient counterparts to satisfy applicable statutory and regulatory requirements, to seek and request approval thereof and to take all other action necessary or advisable in connection therewith. Debtors By separate instruments, Debtor has irrevocably appointed, and by this Instrument hereby irrevocably appoint appoints, Secured Party as Debtors' Debtor’s attorney-in-fact and proxy, with full power and authority in the place and xxxxx sxxxx of DebtorsDebtor, in the name of Debtors Debtor or otherwise, to take any such action and to execute any such instruments on behalf of Debtors Debtor that Secured Party may deem necessary or advisable to so transfer the Federal Interests, including without limitation, the power and authority to execute, acknowledge and deliver such assignments, to seek and request approval thereof and to take all other action deemed necessary or advisable by Secured Party in connection therewith; and Debtors Debtor hereby adoptadopts, ratify ratifies and confirm confirms all such actions and instruments. By separate instruments Debtors Debtor has also irrevocably appointed Secured Party as Debtors' Debtor’s attorney-in-fact and proxy, with full power and authority in the place and xxxxx sxxxx of DebtorsDebtor, in the name of Debtors Debtor or otherwise, to take any such action and to execute any such instruments on behalf of Debtors Debtor that Secured Party may deem necessary or advisable to so transfer the Federal Interests, including without limitation, the power and authority to execute, acknowledge and deliver such assignments, to seek and request approval thereof and to take all other action deemed necessary or advisable by Secured Party in connection therewith; and by such separate instruments Debtors have Debtor has adopted, ratified and confirmed all such actions and instruments. Such powers of attorney and proxies are coupled with an interest, shall survive the dissolution, termination, reorganization or other incapacity of Debtors Debtor and shall be irrevocable. No action taken by Secured Party shall constitute acknowledgment of, or assumption of liabilities relating to, the Federal Interests, and neither Debtors Debtor nor any other party may claim that Secured Party is bound, directly or indirectly, by any such action.

Federal Transfers. Upon a sale conducted pursuant to this Article V of all or any portion of the Collateral consisting of interests (the "Federal Interests") in leases, easements, rights-of-way, agreements or other documents and instruments covering, affecting or otherwise relating to federal lands (including, without limitation, leases, easements and rights- of-way issued by the Bureau of Land Management); Debtors agree to take all action and execute all instruments necessary or advisable to transfer the Federal Interests to the purchaser at such sale, including without limitation, to execute, acknowledge and deliver assignments of the Federal Interests on officially approved forms in sufficient counterparts to satisfy applicable statutory and regulatory requirements, to seek and request approval thereof and to take all other action necessary or advisable in connection therewith. Debtors hereby irrevocably appoint Secured Party as Debtors' attorney-in-fact and proxy, with full power and authority in the place and xxxxx sxxxx of Debtors, in the name of Debtors or otherwise, to take any such action and to execute any such instruments on behalf of Debtors that Secured Party may deem necessary or advisable to so transfer the Federal Interests, including without limitation, the power and authority to execute, acknowledge and deliver such assignments, to seek and request approval thereof and to take all other action deemed necessary or advisable by Secured Party in connection therewith; and Debtors hereby adopt, ratify and confirm all such actions and instruments. By separate instruments Debtors Debtor has also irrevocably appointed Secured Party as Debtors' Debtor's attorney-in-fact and proxy, with full power and authority in the place and xxxxx sxxxx of DebtorsDebtor, in the name of Debtors Debtor or otherwise, to take any such action and to execute any such instruments on behalf of Debtors Debtor that Secured Party may deem necessary or advisable to so transfer the Federal Interests, including without limitation, the power and authority to execute, acknowledge and deliver such assignments, to seek and request approval thereof and to take all other action deemed necessary or to advisable by Secured Party in connection therewith; and by such separate instruments Debtors have Debtor has adopted, ratified and confirmed all such actions and instruments. Such powers of attorney and proxies are coupled with an interest, shall survive the dissolution, termination, reorganization or other incapacity of Debtors and shall be irrevocable. No action taken by Secured Party shall constitute acknowledgment of, or assumption of liabilities relating to, the Federal Interests, and neither Debtors nor any other party may claim that Secured Party is bound, directly or indirectly, by any such action.