Indenture Trustee Appointed Attorney-In-Fact. The Pledgor hereby appoints the Indenture Trustee its attorney-in-fact, with full authority, in the name of the Pledgor or otherwise, after the occurrence of an Event of Default, from time to time in the Indenture Trustee's sole discretion, to take any action and to execute any instrument which the Indenture Trustee may deem necessary or advisable to accomplish the purposes of this Pledge Agreement, including, without limitation, to receive, endorse and collect all instruments made payable to the Pledgor representing any dividend, interest payment or other distribution in respect of the Pledged Collateral or any part thereof and to give full discharge for the same and to arrange for the transfer of all or any part of the Pledged Collateral on the books of a Direct Subsidiary to the name of the Indenture Trustee or its nominees.
Indenture Trustee Appointed Attorney-In-Fact. Upon the occurrence and during the continuance of an Event of Default, the Obligors hereby irrevocably constitute and appoint the Indenture Trustee as the true and lawful attorney-in-fact of the Obligors, coupled with an interest and with full power of substitution, to execute, acknowledge and deliver any instruments and to exercise and enforce every right, power, remedy, option and privilege of the Obligors with respect to the Account Collateral, and do in the name, place and stead of the Obligors, all such acts, things and deeds for and on behalf of and in the name of the Obligors, which the Obligors are required to do hereunder or under the other Transaction Documents or which the Indenture Trustee may deem reasonably necessary or desirable to more fully vest in the Indenture Trustee the rights and remedies provided for herein and to accomplish the purposes of this Agreement including the filing of any applicable Uniform Commercial Code financing statements or continuation statements in appropriate public filing offices on behalf of the Obligors. Nothing herein shall impose an obligation on the Indenture Trustee to take any such action under this Section 6.03. The foregoing powers of attorney are irrevocable and coupled with an interest.
Indenture Trustee Appointed Attorney-In-Fact. Upon the occurrence and during the continuance of an Event of Default, the Issuers hereby irrevocably constitute and appoint the Indenture Trustee as the Issuers’ true and lawful attorney-in-fact, coupled with an interest and with full power of substitution, to execute, acknowledge and deliver any instruments and to exercise and enforce every right, power, remedy, option and privilege of the Issuers with respect to the Collateral, and do in the name, place and stead of the Issuers, all such acts, things and deeds for and on behalf of and in the name of the Issuers, which the Issuers are required to do hereunder or under the other Transaction Documents or which the Indenture Trustee may deem reasonably necessary or desirable to more fully vest in the Indenture Trustee the rights and remedies provided for herein and to accomplish the purposes of this Agreement including, without limitation, the filing of any UCC financing statements or continuation statements in appropriate public filing offices on behalf of the Issuers, in any of the foregoing cases, upon the Issuers’ failure to take any of the foregoing actions within fifteen (15) days after notice from the Indenture Trustee. The foregoing powers of attorney are irrevocable and coupled with an interest.
Indenture Trustee Appointed Attorney-In-Fact. Pledgor hereby appoints the Indenture Trustee the true and lawful attorney-in-fact of Pledgor for the purpose of carrying out the provisions of this Agreement and taking any action and executing any instrument that the Indenture Trustee may deem necessary or advisable to accomplish the purposes hereof which appointment is irrevocable and coupled with an interest; such appointment shall not terminate until the payment in full in cash of all Obligations and the termination of the Indenture. Without limiting the foregoing, the Pledgor hereby authorizes the Indenture Trustee (i) to prepare and file financing statements provided for by the UCC without notice to the Pledgor and with all appropriate jurisdictions, and to take such other action as may be required, in Indenture Trustee’s sole judgment (in each case acting at the direction of the Controlling Class Representative), in order to perfect and to continue the perfection of Indenture Trustee’s Lien on the Securities Collateral and (ii) if an Event of Default has occurred and is continuing and following any applicable Grace Period, to exercise all voting and other consensual rights with respect to the Pledged Collateral.
