Common use of Pledgee Appointed Attorney-in-Fact Clause in Contracts

Pledgee Appointed Attorney-in-Fact. (a) If an Event of Default shall occur and be continuing under the Notes (unless such Event of Default is waived by the Pledgee), Pledgor hereby appoints the Pledgee (and any officer or agent of the Pledgee with full power of substitution and revocation) the Pledgor's true and lawful 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, (i) 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

Pledgee Appointed Attorney-in-Fact. (a) If an Event of Default shall occur and be continuing under the Notes Note (unless such Event of Default is waived by the Pledgee), Pledgor hereby appoints the Pledgee (and any officer or agent of the Pledgee with full power of substitution and revocation) the Pledgor's true and lawful 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, (i) 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

Pledgee Appointed Attorney-in-Fact. (a) If an Event of Default shall occur and be continuing under the Notes (unless such Event of Default is waived by the Pledgee), The Pledgor hereby appoints the Pledgee (and any officer or agent of the Pledgee with full power of substitution and revocation) as the Pledgor's true and lawful 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 time, upon the occurrence and during the continuance of a default (after any required notice and the expiration of any applicable cure and/or grace provision) under this Agreement, the Loan Agreement and/or the Notes, in the Pledgee's discretion discretion, to take any action and to execute any instrument which the Pledgee may deem necessary or advisable to accomplish the purposes of this AgreementAgreement (subject to the rights of the Pledgor under Section 6 hereof ), including, without limitation, (i) to receive, endorse and collect all instruments made payable to the Pledgor representing any dividend, interest and/or principal payment or other distribution in respect of the Pledged Collateral Collateral, or any part thereof thereof, and to give a full discharge for the same; and.

Pledgee Appointed Attorney-in-Fact. (a) If an Event of Default shall occur and be continuing under the Notes (unless such Event of Default is waived by the Pledgee), Each Pledgor hereby irrevocably ---------------------------------- constitutes and appoints the Pledgee (and any officer or agent of the Pledgee with full power of substitution and revocation) the as such Pledgor's true and lawful attorney-attorney- in-fact, with full authority in the place and stead of the such Pledgor and in the name of the such Pledgor or otherwise, from time to time in the Pledgee's reasonable discretion for the purpose of carrying out the terms of this Agreement, to the extent permitted by applicable law, to take any action and to execute any document or instrument which the Pledgee may deem reasonably necessary or advisable to accomplish the purposes of this Agreementadvisable, including, without limitation, (i) upon the occurrence and during the continuation of any Event of Default or Notified Acceleration Event, to receive, endorse and collect all instruments made payable to the such Pledgor representing any dividend, interest or principal payment or other distribution in respect of the Pledged Collateral or any part thereof and to give full discharge for the same; and.