Common use of Power of Attorney; Security Interest; Applicable Fees Clause in Contracts

Power of Attorney; Security Interest; Applicable Fees. Each Borrower hereby irrevocably appoints Lender (and any Person designated by Lender) as such Borrower’s attorney-in-fact to indorse such Borrower’s name on any Items which come into Lender’s possession or control, this power being coupled with an interest is irrevocable so long as any of the Obligations remain outstanding. Such indorsement by Lender under such power of attorney shall, for all purposes, be deemed to have been made by such Borrower (prior to any subsequent indorsement by Lender) in negotiation of the Item. In addition to the security interest granted Lender in Section 3, each Borrower hereby grants Lender a security interest in and to all Items, funds, and balances held in any lockbox, any Funding Account, and any Collections Account, in each case as Collateral for the Obligations. Borrowers shall pay all of Lender’s standard fees and charges in connection with any lockboxes, Funding Accounts, and Collections Accounts and the processing of Items and other transactions relating thereto, as such fees and charges may change from time to time.

Power of Attorney; Security Interest; Applicable Fees. Each Borrower Borrowers hereby irrevocably appoints appoint Lender (and any Person designated by Lender) as such each Borrower’s attorney-in-fact to indorse such each Borrower’s name on any Items which come into Lender’s possession or control, this power being coupled with an interest is irrevocable so long as any of the Obligations remain outstanding. Such indorsement by Lender under such power of attorney shall, for all purposes, be deemed to have been made by such the affected Borrower (prior to any subsequent indorsement by Lender) in negotiation of the Item. In addition to the security interest granted Lender in Section 3, each Borrower hereby grants Lender a security interest in and to all Items, funds, and balances held in any lockbox, any Funding Account, and any Collections Account, in each case as Collateral for the Obligations. Borrowers Each Borrower shall pay all of Lender’s standard fees and charges in connection with any lockboxes, Funding Accounts, and Collections Accounts and the processing of Items and other transactions relating thereto, as such fees and charges may change from time to time.

Power of Attorney; Security Interest; Applicable Fees. Each Borrower Obligor hereby irrevocably appoints Lender (and any Person designated by Lender) as such BorrowerObligor’s attorney-in-fact to indorse such BorrowerObligor’s name on any Items which come into Lender’s possession or control, this power being coupled with an interest is and being irrevocable so long as any of the Obligations remain outstanding. Such indorsement endorsement by Lender under such power of attorney shall, for all purposes, be deemed to have been made by such Borrower Obligor (prior to any subsequent indorsement endorsement by Lender) in negotiation of the Item. In addition to the security interest granted Lender in Section 3, each Borrower Obligor hereby grants Lender a security interest in and to all Items, funds, and balances held in any lockbox, any Funding Account, and any Collections Account, in each case as Collateral for the Obligations. Borrowers Obligors shall pay all of Lender’s standard fees and charges in connection with any lockboxes, Funding Accounts, and Collections Accounts and the processing of Items and other transactions relating thereto, as such fees and charges may change from time to time.

Power of Attorney; Security Interest; Applicable Fees. Each Borrower hereby irrevocably appoints Lender (and any Person designated by Lender) as such Borrower’s attorney-in-fact to indorse such Borrower’s name on any Items which come into Lender’s possession or control, this power being coupled with an interest is irrevocable so long as any of the Obligations remain outstanding. Such indorsement by Lender under such power of attorney shall, for all purposes, be deemed to have been made by such Borrower (prior to any subsequent indorsement by Lender) in negotiation of the Item. In addition to the security interest granted Lender in Section 3, each Borrower hereby grants Lender a security interest in and to all Items, funds, and balances held in any lockbox, any Funding Account, and any Collections Account, in each case as Collateral for the Obligations. Borrowers Borrower shall pay all of Lender’s standard fees and charges in connection with any lockboxes, Funding Accounts, and Collections Accounts and the processing of Items and other transactions relating thereto, as such fees and charges may change from time to time.