Secured Parties Appointed Attorney-in-Fact. Without limiting any other provision of this Agreement, upon the occurrence and during the continuance of an Event of Default, the Grantor hereby irrevocably appoints the Secured Parties, as the Grantor's attorney-in-fact, with full authority in the place and stead of the Grantor and in the name of the Grantor or otherwise, from time to time in the Secured Parties discretion, to take any action and to execute any instrument that the Secured Parties may reasonably deem necessary or advisable to accomplish the purposes of this Agreement, including without limitation:
Appears in 4 contracts
Samples: Intellectual Property Security Agreement (Merlin Software Technologies International Inc), Subsidiary Intellectual Property Security Agreement (Merlin Software Technologies International Inc), Subsidiary Intellectual Property Security Agreement and Assignment (Merlin Software Technologies International Inc)
