Common use of SURVIVAL OF POWER Clause in Contracts

SURVIVAL OF POWER. The power of attorney referenced in Section 10.1 hereof shall not be revoked and shall survive the Transfer by a Member of all or part of its Membership Unit and it shall be coupled with such Membership Unit and shall survive the death, incapacity or dissolution of any Member. Any Person dealing with the Company may conclusively presume and rely upon the fact that any instrument executed by the Manager is authorized, regular and binding without further inquiry. The power of attorney referenced in Section 10.1 hereof may be exercised for each Member by the signature of the Manager or by listing the names of all the Members and executing any instrument with the signature of the Manager acting as attorney-in-fact for all of them.

SURVIVAL OF POWER. The grant of the power of attorney referenced in ----------------- Section 10.1 hereof 11.1 shall not be revoked and shall survive the Transfer by a Member of all or part of its Membership Unit Units and it shall be coupled with such Membership Unit an interest and shall survive the death, incapacity or dissolution of any Member. Any Person dealing with the Company may conclusively presume and rely upon the fact that any instrument executed by the Manager is authorized, regular valid and binding without further inquiry. The power of attorney referenced in Section 10.1 hereof 11.1 may be exercised for each Member by the signature of the Manager or by listing the names of all the Members and executing any instrument with the signature of the Manager acting as attorney-in-fact for all of them.