Pledgee Appointed Attorney-in-Fact. The Pledgor hereby irrevocably appoints the Pledgee the Pledgor's attorney-in-fact, with full authority in the place and stead of the Pledgor and in the name of the Pledgor or otherwise, from time to time in the Pledgee's discretion, to take any action and to execute any instrument which the Pledgee may deem necessary or advisable to accomplish the purposes of this Agreement, including, without limitation, to receive, indorse and collect all instruments made payable to the Pledgor representing any dividend or other distribution in respect of the Pledge Shares and to give full discharge for the same, when and to the extent permitted by this Agreement.
Appears in 4 contracts
Samples: Employment Agreement (Xoma LTD), Employment Agreement (Xoma Corp /De/), Employment Agreement (Xoma LTD)
Pledgee Appointed Attorney-in-Fact. The Pledgor hereby irrevocably ---------------------------------- appoints the Pledgee the as Pledgor's attorney-in-fact, with full authority in the place and stead of the Pledgor and in the name of the Pledgor or otherwise, from time to time in the Pledgee's discretion, to take any action and to execute any instrument which the that Pledgee may deem deems reasonably necessary or advisable to accomplish the purposes of this Agreement, including, without limitation, to receive, indorse endorse and collect all instruments made payable to the Pledgor representing any dividend dividend, interest payment or other distribution in respect of the Pledge Shares Collateral and to give full discharge for the same, when and to the extent permitted by this Agreement.
Appears in 4 contracts
Samples: Pledge Agreement (Grubb & Ellis Co), Pledge Agreement (Andrea Electronics Corp), Pledge Agreement (Grubb & Ellis Co)
Pledgee Appointed Attorney-in-Fact. The Pledgor hereby irrevocably appoints the Pledgee the as Pledgor's attorney-in-fact, with full authority in the place and stead of the Pledgor and in the name of the Pledgor or otherwise, from time to time in the Pledgee's discretion, to take any action and to execute any instrument which the that Pledgee may deem deems reasonably necessary or advisable to accomplish the purposes of this Agreement, including, without limitation, to receive, indorse endorse and collect all instruments made payable to the Pledgor representing any dividend dividend, interest payment or other distribution in respect of the Pledge Shares Collateral and to give full discharge for the same, when and to the extent permitted by this Agreement.
Appears in 3 contracts
Samples: Pledge Agreement (Cherokee International Corp), Pledge Agreement (Cherokee International Corp), Pledge Agreement (Grubb & Ellis Co)
Pledgee Appointed Attorney-in-Fact. The Each Pledgor hereby irrevocably appoints the Pledgee the as each Pledgor's attorney-in-fact, with full authority in the place and stead of the Pledgor and in the name of the each Pledgor or otherwise, from time to time in the Pledgee's discretion, to take any action and to execute any instrument which the that Pledgee may deem deems reasonably necessary or advisable to accomplish the purposes of this Agreement, including, without limitation, to receive, indorse endorse and collect all instruments made payable to the Pledgor representing any dividend dividend, interest payment or other distribution in respect of the Pledge Pledged Shares or any part thereof and to give full discharge for the same, when and to the extent permitted by this Agreement.
Appears in 1 contract
Pledgee Appointed Attorney-in-Fact. The Pledgor hereby irrevocably appoints the Pledgee the Pledgor's attorney-in-fact, with full authority in the place and stead of the Pledgor and in the name of the Pledgor or otherwise, from time to time in the Pledgee's discretion, to take any action and to execute any instrument which the Pledgee may deem necessary or advisable to accomplish the purposes of this Agreement, including, without limitation, to receive, indorse endorse and collect all instruments made payable to the Pledgor representing any dividend or other distribution in respect of the Pledge Shares and to give full discharge for the same, when and to the extent permitted by this Agreement.
Appears in 1 contract
Samples: Employment Agreement (Xoma LTD)
Pledgee Appointed Attorney-in-Fact. The Pledgor hereby irrevocably appoints the Pledgee the Pledgor's attorney-in-fact, with full authority in the place and stead of the Pledgor and in the name of the Pledgor or otherwise, from time to time in the Pledgee's discretion, reasonably exercised, upon the occurrence of an Event of Default, to take any action and to execute any instrument which the Pledgee reasonably may deem necessary or advisable to accomplish the purposes of this Agreement, including, without limitation, to receive, indorse endorse and collect all instruments made payable to the Pledgor representing any dividend or other distribution in respect of the Pledge Shares Collateral or any part thereof and to give full discharge for the same, when . This appointment is coupled with an interest and to shall be irrevocable until payment in full and performance of the extent permitted by this AgreementObligations.
Appears in 1 contract
Samples: Stock Pledge Agreement (Multi Link Telecommunications Inc)
Pledgee Appointed Attorney-in-Fact. The Pledgor hereby irrevocably appoints the Pledgee the Pledgor's attorney-in-fact, with full authority in the place and stead of the Pledgor and in the name of the Pledgor or otherwise, from time to time in the Pledgee's discretion, to take any action and to execute any instrument which the Pledgee may deem necessary or advisable to accomplish the purposes of this Agreement, including, without limitation, to receive, indorse and collect all instruments made payable to the Pledgor representing repre- senting any dividend or other distribution in respect of the Pledge Shares and to give full discharge for the same, when and to the extent permitted by this Agreement.
Appears in 1 contract
Samples: Employment Agreement (Xoma LTD /De/)
Pledgee Appointed Attorney-in-Fact. The Pledgor hereby irrevocably appoints the Pledgee the as Pledgor's ’s attorney-in-fact, with full authority in the place and stead of the Pledgor and in the name of the Pledgor or otherwise, from time to time in the Pledgee's discretion, ’s discretion to take any action and to execute any instrument which the Pledgee may reasonably deem necessary or advisable to accomplish the purposes of this Agreement, including, without limitation, to receive, indorse endorse and collect all instruments made payable to the Pledgor representing any dividend or other distribution in respect of the Pledge Shares Pledged Collateral or any part thereof and to give full discharge for the same; provided, when that such power shall be exercised only upon the occurrence and to during the extent permitted by this Agreementcontinuation of an Event of Default.
Appears in 1 contract
Samples: Stock Pledge and Guaranty Agreement (Pacificnet Inc)
Pledgee Appointed Attorney-in-Fact. The Pledgor hereby irrevocably appoints the Pledgee the as Pledgor's attorney-in-fact, with full authority in the place and stead of the Pledgor and in the name of the Pledgor or otherwise, from time to time in the Pledgee's discretion, to take any action and to execute any instrument which the that Pledgee may deem deems reasonably necessary or advisable to accomplish the purposes of this Agreement, including, without limitation, to receive, indorse endorse and collect all instruments made payable to the Pledgor representing any dividend dividend, interest payment or other distribution in respect of the Pledge Pledged Shares or any part thereof and to give full discharge for the same, when and to the extent permitted by this Agreement.
Appears in 1 contract
Samples: Loan Agreement (Ascent Energy Inc)