Common use of POWERS OF LENDER Clause in Contracts

POWERS OF LENDER. Each Grantor appoints Lender its attorney in fact to perform any of the following powers, which are coupled with an interest, are irrevocable until termination of this Agreement and may be exercised from time to time by Lender's officers and employees, or any of them, whether or not an Event of Default has occurred:

Appears in 2 contracts

Samples: Security Agreement (Stanley Furniture Co Inc.), Security Agreement (Industrial Services of America Inc /Fl)

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POWERS OF LENDER. Each Grantor appoints Lender its attorney in fact to perform any of the following powers, which are coupled with an interest, are irrevocable until termination of this Agreement and may be exercised from time to time by Lender's officers and employees, or any of them, upon the occurrence and during the continuance of an Event of Default (or, with respect to (c), (d), (f), (g), (h), (i), (j), (k), (m), (o) and (p), whether or not an Event of Default has occurred:

Appears in 1 contract

Samples: Security Agreement (Charles & Colvard LTD)

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POWERS OF LENDER. Each Grantor appoints Lender its attorney in fact to perform any of the following powers, which are coupled with an interest, are irrevocable until termination of this Agreement and may be exercised from time to time by Lender's ’s officers and employees, or any of them, whether or not an Event of Default has occurred:

Appears in 1 contract

Samples: Security Agreement (Quest Solution, Inc.)

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