Common use of Power of Attorney and Notification Clause in Contracts

Power of Attorney and Notification. Upon the occurrence and during the continuance of an Event of Default, at Borrower's expense the Lender in its own name or in the name of others may communicate with account debtors in order to verify with them to Lender's satisfaction the existence, amount and terms of any accounts or contract rights and also notify account debtors of the Lender's security interest in the Collateral and that payments shall be made directly to Lender. Upon request of Lender, Borrower will so notify such account debtors and will indicate on all xxxxxxxx to such account debtors that their accounts must be paid to Lender. Borrower does hereby appoint Lender and its agents as Borrower's attorney-in-fact effective upon the occurrence and during the continuance of an Event of Default: to execute and file any financing statements or similar documents; to collect, compromise, endorse, sell or otherwise deal with the Collateral or proceeds thereof in its own name or in the name of the Borrower; to endorse the name of Borrower upon any notes, checks, drafts, money orders, or other instruments, documents, receipts or Collateral that may come into its possession and to apply the same in full or part payment of any amounts owing to Lender; to sign and endorse the name of Borrower upon any documents, instruments, drafts against account debtors, assignments, verifications and notices in connection with accounts, and any instrument or document relating thereto or to Borrower's rights therein; and to give written notice to any office and officials of the United States Post Office to effect such change or changes of address that all mail addressed to Borrower may be delivered directly to Lender. Borrower hereby grants to its said attorney-in-fact full power to do any and all things necessary to be done in and about the premises as fully and effectually as Borrower might or could do, and hereby ratifies all that its attorney-in-fact shall lawfully do or cause to be done by virtue hereof. This power of attorney is coupled with an interest, is effective during the continuance of an Event of Default and is irrevocable for the term of this Agreement for all transactions hereunder and thereafter as long as Borrower may be indebted to Lender.

Power of Attorney and Notification. Upon At Debtor’s expense and subject to the occurrence and during rights of the continuance of an Event of DefaultSecured Parties, at Borrower's expense the Lender in its own name or in the name of others Collateral Agent may communicate with account debtors in order to verify with them to Lender's its satisfaction the existence, amount and terms of any accounts or contract rights and also notify account debtors that Collateral has been assigned for the benefit of the Lender's security interest in the Collateral Secured Parties and that payments shall be made directly to Lenderthe Collateral Agent. Upon request of Lenderthe Collateral Agent, Borrower Debtor will so notify such account debtors and will indicate on all xxxxxxxx to such account debtors that their accounts must be paid to Lenderthe Collateral Agent. Borrower Debtor does hereby appoint Lender the Collateral Agent and its agents as Borrower's Debtor’s attorney-in-fact effective fact: to, upon the occurrence and during the continuance an event of an Event of Default: to execute and file any financing statements or similar documents; to default hereunder, collect, compromise, endorse, sell or otherwise deal with the Collateral or proceeds thereof in its own name or in the name of the BorrowerDebtor; to endorse the name of Borrower Debtor upon any notesNote, checks, drafts, money orders, or other instruments, documents, receipts or Collateral that may come into its possession and to apply the same in full or part payment of any amounts owing to LenderSecured Parties; to sign and endorse the name of Borrower Debtor upon any documents, instruments, drafts against account debtors, assignments, verifications and notices in connection with accountsAccounts, and any instrument or document relating thereto or to Borrower's Debtor’s rights therein; and to give written notice to any office and officials of the United States Post Office to effect such change or changes of address that all mail addressed to Borrower Debtor may be delivered directly to Lenderthe Collateral Agent. Borrower Debtor hereby grants to its said attorney-in-fact full power to do any and all things necessary to be done in and about the premises as fully and effectually as Borrower Debtor might or could do, and hereby ratifies all that its attorney-in-fact shall lawfully do or cause to be done by virtue hereof. This power of attorney is coupled with an interest, is effective during the continuance of an Event of Default interest and is irrevocable for the term of this Agreement for all transactions hereunder and thereafter as long as Borrower Debtor may be indebted to LenderSecured Parties.

Power of Attorney and Notification. Upon At Debtor's expense, the occurrence and during the continuance of an Event of Default, at Borrower's expense the Lender Secured Party in its own name or in the name of others may communicate with account debtors in order to verify with them to Lenderthe Secured Party's satisfaction the existence, amount and terms of any accounts or contract rights and also notify account debtors of that Collateral has been assigned to the Lender's security interest in the Collateral Secured Party and that payments shall be made directly to Lenderthe Secured Party. Upon request of Lenderthe Secured Party, Borrower Debtor will so notify such account debtors and will indicate on all xxxxxxxx to such account debtors that their accounts must be paid to Lenderthe Secured Party. Borrower Debtor does hereby appoint Lender the Secured Party and its agents as BorrowerDebtor's attorney-in-fact effective fact: to, upon the occurrence and during the continuance an event of an Event of Default: to execute and file any financing statements or similar documents; to default hereunder, collect, compromise, endorse, sell or otherwise deal with the Collateral or proceeds thereof in its own name or in the name of the BorrowerDebtor; to endorse the name of Borrower Debtor upon any notesNote, checks, drafts, money orders, or other instruments, documents, receipts or Collateral that may come into its possession and to apply the same in full or part payment of any amounts owing to Lenderthe Secured Party; to sign and endorse the name of Borrower Debtor upon any documents, instruments, drafts against account debtors, assignments, verifications and notices in connection with accountsAccounts, and any instrument or document relating thereto or to BorrowerDebtor's rights therein; and to give written notice to any office and officials of the United States Post Office to effect such change or changes of address that all mail addressed to Borrower Debtor may be delivered directly to Lenderthe Secured Party. Borrower Debtor hereby grants to its said attorney-in-fact full power to do any and all things necessary to be done in and about the premises as fully and effectually as Borrower Debtor might or could do, and hereby ratifies all that its attorney-in-fact shall lawfully do or cause to be done by virtue hereof. This power of attorney is coupled with an interest, is effective during the continuance of an Event of Default interest and is irrevocable for the term of this Agreement for all transactions hereunder and thereafter as long as Borrower the Debtor may be indebted to Lenderthe Secured Party.

Power of Attorney and Notification. Upon At Debtor's expense, the occurrence and during the continuance of an Event of Default, at Borrower's expense the Lender Secured Party in its own name or in the name of others may communicate with account debtors in order to verify with them to Lenderthe Secured Party's satisfaction the existence, amount and terms of any accounts or contract rights and also notify account debtors of that Collateral has been assigned to the Lender's security interest in the Collateral Secured Party and that payments shall be made directly to Lenderthe Secured Party. Upon request of Lenderthe Secured Party, Borrower Debtor will so notify such account debtors and will indicate on all xxxxxxxx to such account debtors that their accounts must be paid to Lenderthe Secured Party. Borrower Debtor does hereby appoint Lender the Secured Party and its agents as BorrowerDebtor's attorney-in-fact effective fact: to, upon the occurrence and during the continuance an event of an Event of Default: to execute and file any financing statements or similar documents; to default hereunder, collect, compromise, endorse, sell or otherwise deal with the Collateral or proceeds thereof in its own name or in the name of the BorrowerDebtor; to endorse the name of Borrower Debtor upon any notesNote, checks, drafts, money orders, or other instruments, documents, receipts or Collateral that may come into its possession and to apply the same in full or part payment of any amounts owing to Lenderthe Secured Party; to sign and endorse the name of Borrower Debtor upon any documents, instruments, drafts against account debtors, assignments, verifications and notices in connection with accountsAccounts, and any instrument or document relating thereto or to BorrowerDebtor's rights therein; and to give written notice to any office and officials of the United States Post Office to effect such change or changes of address that tat all mail addressed to Borrower Debtor may be delivered directly to Lenderthe Secured Party. Borrower Debtor hereby grants to its said attorney-in-fact full power to do any and all things necessary to be done in and about the premises as fully frilly and effectually as Borrower Debtor might or could do, and hereby ratifies all that its attorney-in-fact shall lawfully do or cause to be done by virtue hereof. This power of attorney is coupled with an interest, is effective during the continuance of an Event of Default interest and is irrevocable for the term of this Agreement for all transactions hereunder and thereafter as long as Borrower the Debtor may be indebted to Lenderthe Secured Party.

Power of Attorney and Notification. Upon the occurrence If an event of default has occurred and during the continuance of an Event of Defaultis continuing, at Borrower's expense the Lender Debtor’s expense, Secured Party in its their own name or in the name of others may communicate with account debtors in order to verify with them to Lender's the Secured Party’s satisfaction the existence, amount and terms of any accounts or contract rights and also notify account debtors of the Lender's security interest in the that Collateral has been assigned to Secured Party and that payments shall be made directly to LenderSecured Party. Upon If an event of default has occurred and is continuing, upon request of LenderSecured Party, Borrower Debtor will so notify such account debtors and will indicate on all xxxxxxxx to bixxxxxx xo such account debtors that their accounts must be paid to Lenderthe Secured Party. Borrower If an event of default has occurred and is continuing, Debtor does hereby appoint Lender the Secured Party and its agents as Borrower's Debtor’s attorney-in-fact effective upon the occurrence and during the continuance of an Event of Defaultfact: to execute and file any financing statements or similar documents; to collect, compromise, endorse, sell or otherwise deal with the Collateral or proceeds thereof in its own name or in the name of the BorrowerDebtor; to endorse the name of Borrower Debtor upon any notes, checks, drafts, money orders, or other instruments, documents, receipts or Collateral that may come into its possession and to apply the same in full or part payment of any amounts owing to Lenderthe Secured Party; to sign and endorse the name of Borrower Debtor upon any documents, instruments, drafts against account debtors, assignments, verifications and notices in connection with accountsAccounts, and any instrument or document relating thereto or to Borrower's Debtor’s rights therein; and to give written notice to any office and officials of the United States Post Office to effect such change or changes of address that all mail addressed to Borrower Debtor may be delivered directly to LenderSecured Party. Borrower If an event of default has occurred and is continuing, Debtor hereby grants to its said attorney-in-fact full power to do any and all things necessary to be done in and about the premises as fully and effectually as Borrower Debtor might or could do, and hereby ratifies all that its attorney-in-fact shall lawfully do or cause to be done by virtue hereof. hereof This power of attorney is coupled with an interest, is effective during the continuance of an Event of Default interest and is irrevocable for the term of this Agreement for all transactions hereunder and thereafter as long as Borrower the Debtor may be indebted to Lenderany Secured Party under the Note or the Credit Facility Agreement.

Power of Attorney and Notification. Upon the occurrence If an event of default has occurred and during the continuance of an Event of Defaultis continuing, at Borrower's expense the Lender Debtor’s expense, Secured Party in its their own name or in the name of others may communicate with account debtors in order to verify with them to Lender's the Secured Party’s satisfaction the existence, amount and terms of any accounts or contract rights and also notify account debtors of the Lender's security interest in the that Collateral has been assigned to Secured Party and that payments shall be made directly to LenderSecured Party. Upon If an event of default has occurred and is continuing, upon request of LenderSecured Party, Borrower Debtor will so notify such account debtors and will indicate on all xxxxxxxx bxxxxxxx to such account debtors that their accounts must be paid to Lenderthe Secured Party. Borrower If an event of default has occurred and is continuing, Debtor does hereby appoint Lender the Secured Party and its agents as Borrower's Debtor’s attorney-in-fact effective upon the occurrence and during the continuance of an Event of Defaultfact: to execute and file any financing statements or similar documents; to collect, compromise, endorse, sell or otherwise deal with the Collateral or proceeds thereof in its own name or in the name of the BorrowerDebtor; to endorse the name of Borrower Debtor upon any notes, checks, drafts, money orders, or other instruments, documents, receipts or Collateral that may come into its possession and to apply the same in full or part payment of any amounts owing to Lenderthe Secured Party; to sign and endorse the name of Borrower Debtor upon any documents, instruments, drafts against account debtors, assignments, verifications and notices in connection with accountsAccounts, and any instrument or document relating thereto or to Borrower's Debtor’s rights therein; and to give written notice to any office and officials of the United States Post Office to effect such change or changes of address that all mail addressed to Borrower Debtor may be delivered directly to LenderSecured Party. Borrower If an event of default has occurred and is continuing, Debtor hereby grants to its said attorney-in-fact full power to do any and all things necessary to be done in and about the premises as fully and effectually as Borrower Debtor might or could do, and hereby ratifies all that its attorney-in-fact shall lawfully do or cause to be done by virtue hereof. This power of attorney is coupled with an interest, is effective during the continuance of an Event of Default interest and is irrevocable for the term of this Agreement for all transactions hereunder and thereafter as long as Borrower the Debtor may be indebted to Lenderany Secured Party under the Note or the Credit Facility Agreement.

Power of Attorney and Notification. Upon the occurrence If an event of default has occurred and during the continuance of an Event of Defaultis continuing, at Borrower's expense the Lender Debtor’s expense, Secured Party in its their own name or in the name of others may communicate with account debtors in order to verify with them to Lender's the Secured Party’s satisfaction the existence, amount and terms of any accounts or contract rights and also notify account debtors of the Lender's security interest in the that Collateral has been assigned to Secured Party and that payments shall be made directly to LenderSecured Party. Upon If an event of default has occurred and is continuing, upon request of LenderSecured Party, Borrower Debtor will so notify such account debtors and will indicate on all xxxxxxxx to such account debtors that their accounts must be paid to Lenderthe Secured Party. Borrower If an event of default has occurred and is continuing, Debtor does hereby appoint Lender the Secured Party and its agents as Borrower's Debtor’s attorney-in-fact effective upon the occurrence and during the continuance of an Event of Defaultfact: to execute and file any financing statements or similar documents; to collect, compromise, endorse, sell or otherwise deal with the Collateral or proceeds thereof in its own name or in the name of the BorrowerDebtor; to endorse the name of Borrower Debtor upon any notes, checks, drafts, money orders, or other instruments, documents, receipts or Collateral that may come into its possession and to apply the same in full or part payment of any amounts owing to Lenderthe Secured Party; to sign and endorse the name of Borrower Debtor upon any documents, instruments, drafts against account debtors, assignments, verifications and notices in connection with accounts, and any instrument or document relating thereto or to Borrower's Debtor’s rights therein; and to give written notice to any office and officials of the United States Post Office to effect such change or changes of address that all mail addressed to Borrower Debtor may be delivered directly to LenderSecured Party. Borrower If an event of default has occurred and is continuing, Debtor hereby grants to its said attorney-in-fact full power to do any and all things necessary to be done in and about the premises as fully and effectually as Borrower Debtor might or could do, and hereby ratifies all that its attorney-in-fact shall lawfully do or cause to be done by virtue hereof. This power of attorney is coupled with an interest, is effective during the continuance of an Event of Default interest and is irrevocable for the term of this Agreement for all transactions hereunder and thereafter as long as Borrower the Debtor may be indebted to Lenderany Secured Party under the Note or the Loan Agreement.

Power of Attorney and Notification. Upon At Debtor’s expense and subject to the occurrence and during rights of the continuance of an Event of Defaultother Lenders, at Borrower's expense the Lender in its own name or in the name of others Representative may communicate with account debtors in order to verify with them to Lender's its satisfaction the existence, amount and terms of any accounts or contract rights and also notify account debtors that Collateral has been assigned for the benefit of the Lender's security interest in the Collateral Secured Parties and that payments shall be made directly to Lenderthe Representative. Upon request of Lenderthe Representative, Borrower Debtor will so notify such account debtors and will indicate on all xxxxxxxx to such account debtors that their accounts must be paid to Lenderthe Representative. Borrower Debtor does hereby appoint Lender the Representative and its agents as Borrower's Debtor’s attorney-in-fact effective fact: to, upon the occurrence and during the continuance an event of an Event of Default: to execute and file any financing statements or similar documents; to default hereunder, collect, compromise, endorse, sell or otherwise deal with the Collateral or proceeds thereof in its own name or in the name of the BorrowerDebtor; to endorse the name of Borrower Debtor upon any notesNote, checks, drafts, money orders, or other instruments, documents, receipts or Collateral that may come into its possession and to apply the same in full or part payment of any amounts owing to LenderSecured Parties; to sign and endorse the name of Borrower Debtor upon any documents, instruments, drafts against account debtors, assignments, verifications and notices in connection with accountsAccounts, and any instrument or document relating thereto or to Borrower's Debtor’s rights therein; and to give written notice to any office and officials of the United States Post Office to effect such change or changes of address that all mail addressed to Borrower Debtor may be delivered directly to Lenderthe Representative. Borrower Debtor hereby grants to its said attorney-in-fact full power to do any and all things necessary to be done in and about the premises as fully and effectually as Borrower Debtor might or could do, and hereby ratifies all that its attorney-in-fact shall lawfully do or cause to be done by virtue hereof. This power of attorney is coupled with an interest, is effective during the continuance of an Event of Default interest and is irrevocable for the term of this Agreement for all transactions hereunder and thereafter as long as Borrower Debtor may be indebted to LenderSecured Parties.