Common use of Novax Clause in Contracts

Novax. xxx AHHC, each for itself, hereby irrevocably constitutes and appoints the General Partner, with full power of substitution, its true and lawful attorney for each of Novax xxx AHHC and in the name, place, and stead of each of them, and for each of their use and benefit, to execute a future amendment to the Effective Agreement and such other documents and instruments, and to take such actions, as the General Partner deems necessary, desirable or appropriate to effect the issuance of additional Partnership Units or, as the case may be, the retirement and cancellation of Partnership Units pursuant to the provisions of the Assignment and Assumption Agreement. Each of Novax xxx AHHC agrees that this power of attorney is a power coupled with an interest and shall survive and not be effected by the termination of this Third Amendment (unless and until replaced by a power of attorney granting at least the same rights to the General Partner) or by the transfer of all or any portion of either Novax'x xx AHHC's Limited Partnership Interest and shall extend to the successors and assigns of Novax xxx AHHC. Each of Novax xxx AHHC hereby agrees to be bound by any representation made by the General Partner, acting in good faith under this power of attorney, and each of Novax xxx AHHC hereby waives any and all defenses which may be available to contest, negate or disaffirm the action of the General Partner, taken in good faith under this power of attorney.