Common use of Ratification; Power Coupled With An Interest Clause in Contracts

Ratification; Power Coupled With An Interest. Each Grantor hereby ratifies all that said attorneys shall lawfully do or cause to be done by virtue hereof. All powers, authorizations and agencies contained in this Agreement are coupled with an interest and are irrevocable until this Agreement is terminated and the security interests created hereby are released.

Appears in 21 contracts

Samples: Senior Security Agreement, Security Agreement (Graftech International LTD), Security Agreement (Graftech International LTD)

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Ratification; Power Coupled With An Interest. Each Grantor The Borrower hereby ratifies all that said attorneys shall lawfully do or cause to be done by virtue hereof. All powers, authorizations and agencies contained in this Agreement are coupled with an interest and are irrevocable until this Agreement is terminated and the security interests created hereby are released.

Appears in 12 contracts

Samples: Credit Agreement (Metris Companies Inc), Security Agreement (Envision Development Corp /Fl/), Loan Agreement (Envision Development Corp /Fl/)

Ratification; Power Coupled With An Interest. Each The Grantor hereby ratifies all that said attorneys shall lawfully do or cause to be done by virtue hereof. All powers, authorizations and agencies contained in this Agreement are coupled with an interest and are irrevocable until this Agreement is terminated and the security interests created hereby are released.

Appears in 5 contracts

Samples: Senior Secured Credit Agreement (Metris Companies Inc), Security Agreement (Sprint Spectrum Finance Corp), Security Agreement (Sprint Spectrum Finance Corp)

Ratification; Power Coupled With An Interest. Each Grantor Pledgor hereby ratifies all that said attorneys shall lawfully do or cause to be done by virtue hereof. All powers, authorizations and agencies contained in this Agreement are coupled with an interest and are irrevocable until this Agreement is terminated and the security interests created hereby are released.

Appears in 4 contracts

Samples: Credit Agreement (Avis Rent a Car Inc), Indenture (Mounger Corp), Security Agreement (Avis Rent a Car Inc)

Ratification; Power Coupled With An Interest. Each Grantor The Grantors hereby ratifies ratify all that said attorneys shall lawfully do or cause to be done by virtue hereof. All powers, authorizations and agencies contained in or granted pursuant to this Agreement are coupled with an interest and are irrevocable until this Agreement is terminated and the security interests created hereby are released.

Appears in 2 contracts

Samples: Intellectual Property Security Agreement (Easyriders Inc), Intellectual Property Security Agreement (Easyriders Inc)

Ratification; Power Coupled With An Interest. Each Grantor The Grantors hereby ratifies ratify all that said attorneys shall lawfully do or cause to be done by virtue hereof. All powers, authorizations and agencies contained in this Agreement are coupled with an interest and are irrevocable until this Agreement is terminated and the security interests created hereby are released.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Easyriders Inc), Security Agreement (Easyriders Inc)

Ratification; Power Coupled With An Interest. Each Grantor The Grantors hereby ratifies ratify all that said attorneys shall lawfully do or cause to be done by virtue hereof. All powers, authorizations and agencies contained in this Agreement are coupled with an interest and are irrevocable until this Agreement is terminated the Secured Obligations have been paid in full and the security interests created hereby are releasedCommitments have been terminated.

Appears in 1 contract

Samples: Security Agreement (Railworks Corp)

Ratification; Power Coupled With An Interest. Each Grantor of the Subsidiary Grantors hereby ratifies all that said attorneys shall lawfully do or cause to be done by virtue hereof. All powers, authorizations and agencies contained in this Agreement are coupled with an interest and are irrevocable until this Agreement is terminated and the security interests created hereby are released.

Appears in 1 contract

Samples: Credit Agreement (Metris Companies Inc)

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Ratification; Power Coupled With An Interest. Each Grantor hereby ratifies all that said attorneys shall lawfully do or cause to be done by virtue hereof. All powers, authorizations and agencies contained in this Agreement are coupled with an interest and are irrevocable until this Agreement is terminated the Obligations are paid and the security interests created hereby are releasedperformed in full and terminated.

Appears in 1 contract

Samples: Security Agreement (RBX Corp)

Ratification; Power Coupled With An Interest. Each Grantor Subsidiary hereby ratifies all that said attorneys shall lawfully do or cause to be done by virtue hereof. All powers, authorizations and agencies contained in this Agreement are coupled with an interest and are irrevocable until this Agreement is terminated and the security interests created hereby are released.

Appears in 1 contract

Samples: Credit and Guarantee Agreement (Young & Rubicam Inc)

Ratification; Power Coupled With An Interest. Each Grantor Issuer hereby ratifies all that said attorneys shall lawfully do or cause to be done by virtue hereof. All powers, authorizations and agencies contained in this Agreement are coupled with an interest and are irrevocable until the Obligations are paid, this Agreement is terminated and the security interests created hereby are released.

Appears in 1 contract

Samples: Security Agreement (Crown Casino Corp)

Ratification; Power Coupled With An Interest. Each Grantor The Company hereby ratifies all that said attorneys shall lawfully do or cause to be done by virtue hereof. All powers, authorizations and agencies contained in this Agreement are coupled with an interest and are irrevocable until this Agreement is terminated the Obligations are paid and the security interests created hereby are releasedperformed in full and terminated.

Appears in 1 contract

Samples: Security Agreement (RBX Corp)

Ratification; Power Coupled With An Interest. Each Grantor hereby ratifies all that said attorneys shall lawfully do or cause to be done by virtue hereof. All powers, authorizations and agencies contained in this Agreement are coupled with an interest and are irrevocable until this Agreement is the Obligations are paid and performed in full, the Commitments are terminated and the security interests created hereby are releasedLetters of Credit have expired, terminated or been returned to the Issuing Lender.

Appears in 1 contract

Samples: Senior Security Agreement (RBX Corp)

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