Common use of Further Assurance and Corrective Instruments Clause in Contracts

Further Assurance and Corrective Instruments. Borrower hereby agrees that it will, from time to time, execute, acknowledge and deliver or authorize, as applicable, or cause to be executed, acknowledged and delivered or authorized, such further acts, instruments, conveyances, transfers and assurances and take such other actions, as Lender reasonably deems necessary or advisable for the implementation, correction, confirmation or perfection of this Agreement or the other Loan Documents and any rights of Lender hereunder or thereunder. Borrower hereby designates and appoints Lender as its agent, and grants to Lender a power of attorney (which is coupled with an interest), to execute on behalf of Borrower such additional documents and to take such other action.

Appears in 5 contracts

Samples: Loan Agreement (Primoris Services Corp), Loan Agreement (Primoris Services Corp), Loan Agreement (Primoris Services CORP)

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Further Assurance and Corrective Instruments. Borrower Borrowers hereby agrees agree that it they will, from time to time, execute, acknowledge and deliver or authorize, as applicable, or cause to be executed, acknowledged and delivered or authorized, such further acts, instruments, conveyances, transfers and assurances and take such other actions, as Lender reasonably deems necessary or advisable for the implementation, correction, confirmation or perfection of this Agreement or the other Loan Documents and any rights of Lender hereunder or thereunder. Each Borrower hereby designates and appoints Lender as its agent, and grants to Lender a power of attorney (which is coupled with an interest), to execute on behalf of such Borrower such additional documents and to take such other action.

Appears in 1 contract

Samples: Loan Agreement (Maritrans Inc /De/)

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