Further Assurances and Power of Attorney Sample Clauses

Further Assurances and Power of Attorney. The PLEDGOR shall execute and delivery from time to time such writings, and documents which, in the reasonable opinion of the LENDER or the LENDER'S counsel, may be necessary to perfect, confirm, establish, reestablish, continue, or complete the security interests, pledges and liens of the LENDER in the COLLATERAL, it being the intention of the PLEDGOR to provide hereby a full and absolute warranty of further assurance to the LENDER. If the PLEDGOR fails to execute any such document within five (5) business days of being requested to do so by the LENDER, the PLEDGOR hereby appoints the LENDER or any officer of the LENDER as the PLEDGOR'S attorney in fact for purposes of executing such documents in the PLEDGOR'S name, place and stead, which power of attorney shall be considered as coupled with an interest and irrevocable.
AutoNDA by SimpleDocs
Further Assurances and Power of Attorney. The Parties agree (a) to furnish upon request to each other such further information, (b) to execute and deliver to each other such other documents, and (c) to do such other acts and things, all as the other Party may reasonably request for the purpose of carrying out the intent of this Agreement. The Company hereby unconditionally and irrevocably constitutes and appoints Fraunhofer as its true and lawful attorney, with full power of substitution, to do such other acts and things in the name of the Company as Fraunhofer may deem necessary in its reasonable business judgement to establish, maintain and defend its right, title and interest in and to all or any part of the Technology and Improvements.
Further Assurances and Power of Attorney. The Debtors will execute and deliver to the Collateral Agent, at its request, at any time and from time to time, such financing statements and other instruments (and pay the cost of filing or recording the same in all public offices deemed necessary or desirable by the Collateral Agent) and do such other acts and things as the Collateral Agent may reasonably deem necessary or desirable in order to establish and maintain a valid security interest in the Collateral in favor of the Secured Parties (free and clear of all other security interests, liens, charges, encumbrances and other claims, whether voluntarily or involuntarily created, except as permitted by Section 6.3 hereof) or in order to facilitate the collection of the Collateral. To effectuate the rights and remedies of the Secured Parties hereunder, effective upon the occurrence of an Event of Default, the Debtors hereby irrevocably appoints the Collateral Agent, on behalf of the Secured Parties, as the attorney-in-fact for the Debtors in the name of the Debtors or the Secured Parties, with full power of substitution, to sign, execute and deliver any and all instruments and documents and do any and all acts and things to the same extent as the Debtors could do, to sell, assign and transfer any Collateral, including, but not limited to, taking all action necessary or the preservation of any rights pertaining to the Collateral beyond reasonable care in the custody or preservation thereof. The Collateral Agent and Secured Parties may exercise their rights and remedies with respect to the Collateral without resorting or regard to other security or sources for payment. All rights and remedies of the Secured Parties hereunder or with respect to the obligations or the Collateral shall be cumulative and may be exercised singularly or concurrently.
Further Assurances and Power of Attorney. The GUARANTOR shall execute from time to time such other and further documents as the ADMINISTRATIVE AGENT reasonably determines to be necessary to perfect, confirm, establish, reestablish, continue, or complete the security interests and liens in the COLLATERAL. If the GUARANTOR fails to execute any such document within five (5) business days of being requested to do so by the SECURED PARTIES, the GUARANTOR hereby appoints the ADMINISTRATIVE AGENT or any officer of the ADMINISTRATIVE AGENT as the GUARANTOR’S attorney in fact for purposes of executing such documents in the GUARANTOR’S name, place and stead, which power of attorney shall be considered as coupled with an interest and irrevocable.
Further Assurances and Power of Attorney. The Borrower agrees to execute and/or permit the filing of such other and further documents, including, without limitation, confirmatory deeds, agreements, assignments, financing statements, continuation statements, and the like as may from time to time in the sole opinion of the Bank or the Bank's counsel be necessary, convenient, or proper to grant, perfect or continue the perfection of the liens, security interests and other assurances of repayment and performance by the Borrower, it being the intention of the Borrower to hereby provide a full and absolute warranty of further assurances to the Bank. In the event the Borrower should fail for any reason to execute within ten (10) days of the Bank's written demand any such document or instrument which the Bank requests the Borrower to execute, the Borrower shall and does hereby irrevocably and automatically thereupon appoint the Bank as the Borrower's attorney in fact to execute such document in the Borrower's name and on the Borrower's behalf and such power of attorney shall constitute a power of attorney coupled with an interest and be irrevocable unless and until the subject document is fully and effectually executed.
Further Assurances and Power of Attorney. 18.1 The Client agrees to do all such things and execute all such documents which the Broker shall from time to time consider necessary in connection with the implementation, execution and enforcement of any of the terms of this Agreement or to perfect or improve any security created in favour of the Broker hereunder, including, without limitation, the execution by the Client of an irrevocable power of attorney appointing the Broker to be its lawful attorney (with full power to appoint substitutes and to sub-delegate) to do all such acts and things and execute all such documents on the Client’s behalf as the Broker shall in its absolute discretion consider necessary or appropriate.
Further Assurances and Power of Attorney. Execute from time to time such other and further documents, which in the opinion of the Agent or the Agent's counsel, may be reasonably necessary to perfect, confirm, establish, reestablish, continue, or complete the agreements of the Borrower under the Loan Documents and the purposes and intentions of this Agreement, it being the intention of the Borrower to provide hereby a full and absolute warranty of further assurance to the Agent, provided that Borrower shall not be obligated under this Section 5.14 to execute any document that could effect an amendment or modification of any term or condition of this Agreement or any other Loan Document. If the Borrower fails to execute any document requested by the Agent pursuant to this Section 5.14, the Borrower hereby appoints the Lender or any officer of the Agent as the Borrower's attorney in fact for purposes of executing such documents in the Borrower's name, place and stead, which power of attorney shall be considered as coupled with an interest and irrevocable.
AutoNDA by SimpleDocs
Further Assurances and Power of Attorney. The Borrower agrees to execute such other and further documents, including, without limitation, promissory notes, security agreements, agreements, financing statements, continuation statements, and the like as may from time to time in the reasonable opinion of the Bank be deemed necessary, proper, or convenient, to perfect, confirm, establish, reestablish, continue, or complete the security interest in the Collateral and the purposes and intentions of this Agreement as provided herein, it being the intention of the Borrower to hereby provide a full and absolute warranty of further assurance to the Bank. Upon the written request of the Bank that the Borrower execute any such document and the failure of the Borrower to so execute any such document within ten (10) days, or at any time and from time to time upon the occurrence and during the continuance of any Event of Default, as the case may be, the Borrower hereby irrevocably and automatically appoints the Bank as the Borrower's attorney-in-fact to execute any such document in the Borrower's name and on the Borrower's behalf and such power of attorney shall constitute a power of attorney coupled with an interest and be irrevocable.
Further Assurances and Power of Attorney. Debtor will execute and deliver to Secured Party, at Secured Party's request, at any time and from time to time, such financing statements and other instruments and documents (and pay the cost of filing or recording the same in all public offices deemed necessary or desirable by Secured Party) and do such other acts and things as Secured Party may reasonably deem necessary or desirable in order to establish and maintain a valid Lien in the Collateral in favor of Secured Party (free and clear of all other Liens, except for Permitted Liens) or in order to facilitate the collection of the Collateral. To effectuate the rights and remedies of Secured Party hereunder, Debtor hereby irrevocably appoints Secured Party attorney-in-fact for Debtor in the name of Debtor or Secured Party, with full power of substitution, after the occurrence and during the continuance of any Event of Default, to sign, execute and deliver any and all instruments, documents, licenses, sublicenses, registrations, filings and other writings and do any and all acts and things to the same extent as Debtor could do, to sell, assign and transfer any Collateral, including, but not limited to, taking all action necessary or desirable to obtain the approval of any governmental
Further Assurances and Power of Attorney. The Borrower agrees to execute such other and further documents, including, without limitation, promissory notes, security agreements, agreements, financing statements, continuation statements, and the like as may from time to time in the sole opinion of the Bank or the Bank's counsel be deemed necessary, proper, or convenient, to perfect, confirm, establish, reestablish, continue, or complete the security interest in the Collateral and the purposes and intentions of this Agreement, it being the intention of the Borrower to hereby provide a full and absolute warranty of further assurance to the Bank. The Borrower expressly authorizes the Bank to file financing statements, continuation statements or other instruments without the signature of the Borrower. Upon the written request of the Bank that the Borrower execute any such document and the failure of the Borrower to so execute any such document within five (5) days, or at any time and from time to time upon the occurrence and during the continuance of any Event of Default, as the case may be, the Borrower hereby irrevocably and automatically appoints the Bank as the Borrower's attorney-in-fact to execute any such document in the Borrower's name and on the Borrower's behalf and such power of attorney shall constitute a power of attorney coupled with an interest and be irrevocable.
Time is Money Join Law Insider Premium to draft better contracts faster.