Common use of Secured Party As Attorney-In-Fact Clause in Contracts

Secured Party As Attorney-In-Fact. (a) The Grantors hereby irrevocably make, constitute and appoint the Secured Party (and all officers, employees or agents designated by the Secured Party) as and for the Grantors’ true and lawful agent and attorney-in-fact, effective following the occurrence and during the continuance of any Event of Default, and in such capacity the Secured Party shall have the right, with power of substitution for the Grantors and in the Grantors’ names or otherwise, for the use and benefit of the Secured Party: (A) To supplement and amend from time to time EXHIBITS A, B and C of this Agreement to include any newly developed, applied for, registered, or acquired IP Collateral of the Grantors and any intent-to-use Trademark applications for which a statement of use or an amendment to allege use has been filed and accepted by the PTO. (B) To exercise any of the rights and powers referenced herein. (C) To execute all such instruments, documents, and papers as the Secured Party reasonably determines to be necessary or desirable in connection with the exercise of such rights and remedies and to cause the sale, license, assignment, transfer, or other disposition of the IP Collateral, subject to those restrictions to which the Grantors are subject under applicable law and by contract. (b) The power of attorney granted herein, being coupled with an interest, shall be irrevocable until this Agreement is terminated in writing by a duly authorized officer of the Secured Party. (c) The Secured Party shall not be obligated to do any of the acts or to exercise any of the powers authorized by Section 9(a), but if the Secured Party elects to do any such act or to exercise any of such powers, it shall not be accountable for more than it actually receives as a result of such exercise of power.

Secured Party As Attorney-In-Fact. (a) The Grantors Company hereby irrevocably make, constitute and appoint the Secured Party (and all officers, employees or agents designated by the Secured Party) as and for the Grantors’ Company’s true and lawful agent and attorney-in-fact, effective following the occurrence and during the continuance of any Event of Default, and in such capacity the Secured Party shall have the right, with power of substitution for the Grantors Company and in the Grantors’ Company’s names or otherwise, for the use and benefit of the Secured Party: (A) To supplement and amend from time to time EXHIBITS A, B and C of this Agreement to include any newly developed, applied for, registered, or acquired IP Collateral of the Grantors Company and any intent-to-use Trademark applications for which a statement of use or an amendment to allege use has been filed and accepted by the PTO. (B) To exercise any of the rights and powers referenced herein. (C) To execute all such instruments, documents, and papers as the Secured Party reasonably determines to be necessary or desirable in connection with the exercise of such rights and remedies and to cause the sale, license, assignment, transfer, or other disposition of the IP Collateral, subject to those restrictions to which the Grantors are Company is subject under applicable law and by contract. (b) The power of attorney granted herein, being coupled with an interest, shall be irrevocable until this Agreement is terminated in writing by a duly authorized officer of the Secured Party. (c) The Secured Party shall not be obligated to do any of the acts or to exercise any of the powers authorized by Section SECTION 9(a), but if the Secured Party elects to do any such act or to exercise any of such powers, it shall not be accountable for more than it actually receives as a result of such exercise of power.

Secured Party As Attorney-In-Fact. (a) The Grantors Each Grantor hereby irrevocably makemakes, constitute constitutes and appoint appoints the Secured Party (and all officers, employees or agents designated by the Secured Party) as and for the Grantors’ such Grantor’s true and lawful agent and attorney-in-fact, effective following the occurrence and during the continuance of any Event of Default, and in such capacity the Secured Party shall have the right, with power of substitution for the Grantors such Grantor and in the Grantors’ names such Grantor’s name or otherwise, for the use and benefit of the Secured Party: (Ai) To supplement and amend from time to time EXHIBITS A, B and C of this Agreement to include any newly developed, applied for, registered, or acquired IP Collateral of the Grantors any Grantor and any intent-to-use Trademark applications for which a statement of use or an amendment to allege use has been filed and accepted by the PTO. (Bii) To exercise any of the rights and powers referenced herein. (Ciii) To execute all such instruments, documents, and papers as the Secured Party reasonably determines to be necessary or desirable in connection with the exercise of such rights and remedies and to cause the sale, license, assignment, transfer, or other disposition of the IP Collateral, subject to those restrictions to which the Grantors are a Grantor is subject under applicable law and by contract. (b) The power of attorney granted herein, being coupled with an interest, shall be irrevocable until this Agreement is terminated in writing by a duly authorized officer of the Secured Party. (c) The Secured Party shall not be obligated to do any of the acts or to exercise any of the powers authorized by Section SECTION 9(a), but if the Secured Party elects to do any such act or to exercise any of such powers, it shall not be accountable for more than it actually receives as a result of such exercise of power.

Secured Party As Attorney-In-Fact. (a) The Grantors Grantor hereby irrevocably make, constitute and appoint the Secured Party (and all officers, employees or agents designated by the Secured Party) as and for the Grantors’ Grantor’s true and lawful agent and attorney-in-fact, effective following the occurrence and during the continuance of any Event of Default, and in such capacity the Secured Party shall have the right, with power of substitution for the Grantors Grantor and in the Grantors’ Grantor’s names or otherwise, for the use and benefit of the Secured Party: (A) To supplement and amend from time to time EXHIBITS A, B and C of this Agreement to include any newly developed, applied for, registered, or acquired IP Collateral of the Grantors Grantor and any intent-to-use Trademark applications for which a statement of use or an amendment to allege use has been filed and accepted by the PTO. (B) To exercise any of the rights and powers referenced herein. (C) To execute all such instruments, documents, and papers as the Secured Party reasonably determines to be necessary or desirable in connection with the exercise of such rights and remedies and to cause the sale, license, assignment, transfer, or other disposition of the IP Collateral, subject to those restrictions to which the Grantors are Grantor is subject under applicable law and by contract. (b) The power of attorney granted herein, being coupled with an interest, shall be irrevocable until this Agreement is terminated in writing by a duly authorized officer of the Secured Party. (c) The Secured Party shall not be obligated to do any of the acts or to exercise any of the powers authorized by Section SECTION 9(a), but if the Secured Party elects to do any such act or to exercise any of such powers, it shall not be accountable for more than it actually receives as a result of such exercise of power.

Secured Party As Attorney-In-Fact. (a) The Grantors Grantor hereby irrevocably makemakes, constitute constitutes and appoint appoints the Secured Party (and all officers, employees or agents designated by the Secured Party) as and for the Grantors’ Grantor’s true and lawful agent and attorney-in-fact, effective following the occurrence and during the continuance of any Event of Default, unless such Event of Default has been cured, and in such capacity the Secured Party shall have the right, with power of substitution for the Grantors Grantor and in the Grantors’ Grantor’s names or otherwise, for the use and benefit of the Secured Party: (Ai) To supplement and amend from time to time EXHIBITS A, B and C of this Agreement to include any newly developed, applied for, registered, or acquired IP Collateral of the Grantors Grantor and any intent-to-use Trademark applications for which a statement of use or an amendment to allege use has been filed and accepted by the PTO. (Bii) To exercise any of the rights and powers referenced herein. (Ciii) To execute all such instruments, documents, and papers as the Secured Party reasonably determines to be necessary or desirable in connection with the exercise of such rights and remedies and to cause the sale, license, assignment, transfer, or other disposition of the IP Collateral, subject to those restrictions to which the Grantors are Grantor is subject under applicable law and by contract. (b) The power of attorney granted herein, being coupled with an interest, shall be irrevocable until this Agreement is terminated in writing by a duly authorized officer of the Secured Party. (c) The Secured Party shall not be obligated to do any of the acts or to exercise any of the powers authorized by Section SECTION 9(a), but if the Secured Party elects to do any such act or to exercise any of such powers, it shall not be accountable for more than it actually receives as a result of such exercise of power.