Common use of Specific Rights With Regard to Collateral Clause in Contracts

Specific Rights With Regard to Collateral. In addition to all other rights and remedies provided hereunder or as shall exist at law or in equity from time to time, the Lender may (but shall be under no obligation to), at any time after the occurrence of an Event of Default, without notice to any of the Borrowers, and each Borrower hereby irrevocably appoints the Lender as its attorney-in-fact, with power of substitution, in the name of the Lender and/or in the name of any or all of the Borrowers or otherwise, for the use and benefit of the Lender, but at the cost and expense of the Borrowers and without notice to the Borrowers:

Specific Rights With Regard to Collateral. In addition to all other rights and remedies provided hereunder hereunder, under the other Financing Documents or as shall exist at law Law or in equity from time to time, the Lender may (but shall be under no obligation to), at any time after the occurrence of an Event of Default, without notice to any of the BorrowersBorrowers or to any of the Property Owners, and each Borrower of the Borrowers and each of the Property Owners hereby irrevocably appoints the Lender as its attorney-in-fact, with power of substitution, in the name of the Lender and/or or in the name of any or all of the Borrowers or any of the Property Owners or otherwise, for the use and benefit of the Lender, but at the cost and expense of the Borrowers and without notice to any of the BorrowersBorrowers or to any of the Property Owners, to: