Nature of Power of Attorney Sample Clauses

Nature of Power of Attorney. The foregoing grant of authority is a special power of attorney coupled with an interest, is irrevocable, and survives the death of the undersigned or the delivery of an assignment by the undersigned of a Limited Partnership Interest; provided, that where the assignee thereof has been approved by the General Partners for admission to the Partnership as a substituted Limited Partner, the Power of Attorney survives the delivery of such assignment for the sole purpose of enabling the General Partners to execute, acknowledge and file any instrument necessary to effect such substitution.
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Nature of Power of Attorney. The grant of authority in Section 1.7: 1.8.1. Is a Special Power of Attorney coupled with an interest, is irrevocable, survives the death of the Member and shall not be affected by the subsequent incapacity of the Member; 1.8.2. May be exercised by the Manager for each member by a facsimile signature of or on behalf of the Manager or by listing all of the Members and by executing any instrument with a single signature of or on behalf of the Manager, acting as attorney-in-fact for all of them; and 1.8.3. Shall survive the delivery of an assignment by a Member of the whole or any portion of his Interest; except that where the assignee thereof has been approved by the Manager for admission to the Company as a substituted Member, the Special Power of Attorney shall survive the delivery of the assignment for the sole purpose of enabling the person to execute, acknowledge, and file any instrument necessary to effect the substitution.
Nature of Power of Attorney. The special power of attorney to be concurrently granted by each Member: (a) Is a special power of attorney coupled with an interest, is irrevocable, shall survive the death or dissolution of the granting Member, and is limited to these matters herein set forth; (b) May be exercised by the Manager acting alone for each Member by a facsimile signature of the Manager or by listing all of the Members executing any instrument with a single signature of the Manager acting as an attorney-in-fact for all of them; and (c) Shall survive an assignment by a Member of all or any portion of such Member's Interest except that, where the assignee of art interest owned by a Member has been approved by the Members for admission to the Company as a substituted Member, the special power of attorney shall survive such assignment for the sole purpose of enabling the Manager to execute, acknowledge and file any instrument or document necessary to effect such substitution.
Nature of Power of Attorney. The grant of authority in Section 16(a): (i) shall survive the delivery of an assignment by a Limited Partner of the whole or any part of his Interest, and any assignee of a Limited Partner does hereby constitute and appoint the General Partner his attorney in the same manner and force and for the same purposes as does the assignor; (ii) is a Special Power of Attorney coupled with an interest, is irrevocable, and shall survive the death or incapacity of the Limited Partner granting the power; and (iii) may be exercised by the General Partner on behalf of each Limited Partner by a facsimile signature or by listing all of the Limited Partners executing any instrument along with a single signature as attorney-in-fact for all of them.
Nature of Power of Attorney. The power of attorney granted pursuant to this Section 9.2 (A) is a special power of attorney coupled with an interest and is irrevocable; (B) may be exercised by any such attorney in fact by listing the Shareholders executing any consent, agreement, certificate, instrument, or other document with the single signature of any such attorney in fact acting as attorney in fact for such Shareholders or in a manner similar thereto, (C) may be delegated by any such attorney in-fact to any other executive officer of the Company; and (D) shall survive the death, disability, legal incapacity, bankruptcy, insolvency, dissolution, or cessation of existence of a Shareholder and shall survive the delivery of an assignment by a Shareholder of the whole or a portion of its interest in the Company.
Nature of Power of Attorney. The Power of Attorney granted by each Limited Partner to the General Partner pursuant to the preceding section: (a) is a special power of attorney coupled with an interest, is irrevocable, and shall survive the death, disability or dissolution of the Limited Partner; (b) may be exercised by the General Partner for all Limited Partners by a single signature (and acknowledgement or verification, if required) of the General Partner by one of its officers, acting as attorney-in-fact for all the Limited Partners together, or by listing all of the Limited Partners and executing any instrument with a single signature (and acknowledgement or verification, if required) of the General Partner by one of its officers, acting as attorney-in-fact for all of the Limited Partners together; and (c) shall survive the delivery of an assignment by a Limited Partner of all or any portion of his interests; and where the assignee thereof has been approved by the General Partner for admission to the Partnership as a substituted Limited Partner, shall survive such admission and constitute a similar power of attorney from the substituted Limited Partner.
Nature of Power of Attorney. The power of attorney granted herein shall be considered to be coupled with an interest, shall be irrevocable and shall survive the death, incompetency, dissolution or termination of existence of any or all of the Limited Partners. Any Person dealing with the Partnership may conclusively presume and rely upon the fact that any such instrument executed by the attorney and agent herein appointed is valid and binding without further inquiry.
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Nature of Power of Attorney. The Power of Attorney granted by each Limited Partner to the General Partner pursuant to Section 11.1: (a) is a special power of attorney coupled with an interest and is irrevocable; (b) may be exercised by the General Partner for all Limited Partners by a single signature of the General Partner by one of its officers, acting as attorney-in-fact for all the Limited Partners together, or by listing all of the Limited Partners and executing any instrument with a single signature of the General Partner by one of its officers, acting as attorney-in-fact for all of the Limited Partners together; and (c) shall survive the delivery of an assignment by a Limited Partner of all or any portion of its Interests in the Partnership, and where the assignee or transferee thereof has been approved by the General Partner for admission to the Partnership as a substituted Limited Partner pursuant to Section 9.3, shall survive such admission and constitute a similar power of attorney from the substituted Limited Partner.
Nature of Power of Attorney. The Power of Attorney granted by each Contributor to Schorsch pursuant to Section 10.1: (a) is a specxxx xxxxr of attorney coupled with an interest and is irrevocable; and (b) may be exercised by Schorsch for all Contributors by the single signature, acting as attoxxxx-xx-fact for all the Contributors together, or by listing all of the Contributors and executing any instrument with the single signature of Schorsch, acting as attorney-in-fact for all of the Contributors togexxxx.
Nature of Power of Attorney. The special power of attorney to be concurrently granted by each Partner:
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