Common use of Limited Power of Attorney Clause in Contracts

Limited Power of Attorney. Dealership hereby irrevocably appoints each Bank and Ally, acting through any of their respective officers and employees, its true and lawful attorney for and in its name, stead, and behalf as if fully done by Dealership, to sign, endorse, execute, negotiate, compromise, settle, complete, and deliver:

Appears in 7 contracts

Samples: Inventory Financing and Security Agreement (Carvana Co.), Inventory Financing and Security Agreement (Carvana Co.), Inventory Financing and Security Agreement (CarLotz, Inc.)

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Limited Power of Attorney. Dealership hereby irrevocably appoints each of Bank and Ally, acting through any of their respective officers and employees, its true and lawful attorney for and in its name, stead, and behalf as if fully done by Dealership, to sign, endorse, execute, negotiate, compromise, settle, complete, and deliver:

Appears in 2 contracts

Samples: Inventory Financing and Security Agreement (Shift Technologies, Inc.), Agreement (Vroom, Inc.)

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Limited Power of Attorney. Dealership hereby irrevocably appoints each of Bank and AllyXxxx, acting through any of their respective officers and employees, its true and lawful attorney for and in its name, stead, and behalf as if fully done by Dealership, upon the occurrence of an event of Default, to sign, endorse, execute, negotiate, compromise, settle, complete, and deliver:

Appears in 1 contract

Samples: Agreement (Vroom, Inc.)

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