Common use of Secured Party as Attorney-in-Fact for Grantor Clause in Contracts

Secured Party as Attorney-in-Fact for Grantor. Each Grantor hereby constitutes and irrevocably appoints the Secured Party, acting for and on behalf of itself and the Beneficiaries and each successor or assign of the Secured Party and the Beneficiaries, the true and lawful attorney-in-fact of such Grantor, with full power and authority in the place and stead of such Grantor and in the name of such Grantor, the Secured Party or otherwise to take any action and execute any instrument at the written direction of the Beneficiaries and enforce all rights, interests and remedies of such Grantor with respect to the Collateral, including the right:

Appears in 7 contracts

Samples: Credit Agreement (Holly Energy Partners Lp), Credit Agreement (Isramco Inc), Security Agreement (Holly Energy Partners Lp)

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Secured Party as Attorney-in-Fact for Grantor. Each Grantor of the Grantors hereby constitutes and irrevocably appoints the Secured Party, acting for and on behalf of itself and the Beneficiaries Credit Parties and each successor or assign of the Secured Party and the BeneficiariesCredit Parties, the true and lawful attorney-in-fact of such Grantor, with full power and authority in the place and stead of such Grantor and in the name of such Grantor, the Secured Party or otherwise to take any action and execute any instrument at the written direction of the Beneficiaries Credit Parties and enforce all rights, interests and remedies of such Grantor with respect to the Collateral, including the right:

Appears in 2 contracts

Samples: Credit Agreement (Mariner Energy Resources, Inc.), Credit Agreement (Mariner Energy Inc)

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Secured Party as Attorney-in-Fact for Grantor. Each Grantor hereby constitutes and irrevocably appoints the Secured Party, acting for and on behalf of itself and the Beneficiaries Party and each successor or assign of the Secured Party and the BeneficiariesParty, the true and lawful attorney-in-fact of such the Grantor, with full power and authority in the place and stead of such the Grantor and in the name of such the Grantor, the Secured Party or otherwise to take any action and execute any instrument at the written direction of the Beneficiaries and enforce all rights, interests and remedies of such the Grantor with respect to the Collateral, including the right:

Appears in 1 contract

Samples: Security Agreement (Fuelcell Energy Inc)

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