Common use of THE AGENT'S APPOINTMENT AS ATTORNEY-IN-FACT Clause in Contracts

THE AGENT'S APPOINTMENT AS ATTORNEY-IN-FACT. (a) Each Grantor hereby irrevocably constitutes and appoints the Agent and any officer or agent thereof, with full power of substitution, as its true and lawful attorney-in-fact with full irrevocable power and authority in the place and stead of such Grantor and in the name of such Grantor or in its own name, from time to time in the Agent's discretion, for the purpose of carrying out the terms of this Agreement, to take any and all appropriate action and to execute and deliver any and all documents and instruments which the Agent may deem necessary or desirable to accomplish the purposes of this Agreement and, without limiting the generality of the foregoing, hereby gives the Agent the power and right, on behalf of such Grantor, without notice to or assent by such Grantor to do the following:

Appears in 2 contracts

Samples: Security Agreement (Elder Beerman Stores Corp), Security Agreement (Elder Beerman Stores Corp)

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THE AGENT'S APPOINTMENT AS ATTORNEY-IN-FACT. (a) Each Grantor hereby irrevocably constitutes and appoints the Agent and any officer or agent thereofits agents, with full power of substitution, as its true and lawful attorney-in-fact with full irrevocable power and authority in the place and stead of such Grantor and in the name of such Grantor or in its own name, from time to time in the Agent's discretion, for the purpose of carrying out the terms of this Agreement, but subject to the limitations set forth in this Section 6.1, to take any and all appropriate action and to execute and deliver any and all documents and instruments which the Agent document or instrument that may deem be necessary or desirable to accomplish the purposes of this Agreement Agreement, and, without limiting the generality of the foregoing, each Grantor hereby gives the Agent and its agents the power and right, on behalf of such Grantor, without notice to or assent by such Grantor Grantor, to do any of the followingfollowing when an Event of Default shall be continuing:

Appears in 1 contract

Samples: Security Agreement (Schiff Nutrition International, Inc.)

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THE AGENT'S APPOINTMENT AS ATTORNEY-IN-FACT. (a) Each Grantor The Borrower hereby irrevocably constitutes and appoints the Agent and any officer or agent thereof, with full power of substitution, as its their true and lawful attorney-in-fact with full irrevocable power and authority in the place and stead of such Grantor the Borrower and in the name of such Grantor the Borrower or in its own name, from time to time in the Agent's discretion, for the purpose of carrying out the terms of this Agreement, to take any and all appropriate action and to execute and deliver any and all documents and instruments which the Agent may deem be necessary or and desirable to accomplish the purposes of this Agreement and the transactions contemplated hereby, and, without limiting the generality of the foregoing, hereby gives give the Agent the power and right, on behalf of such Grantorthe Borrower, without notice to or assent by such Grantor the Borrower to do the following:

Appears in 1 contract

Samples: Credit Agreement (Weiners Stores Inc)

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