Common use of Trustee Appointed Attorney-in-Fact Clause in Contracts

Trustee Appointed Attorney-in-Fact. Each Grantor hereby irrevocably appoints the Trustee its attorney-in-fact, with full authority in the place and stead of such Grantor and in the name of such Grantor or otherwise, from time to time in the Trustee’s discretion, following the occurrence and during the continuance of a Specified Default, to take any action and to execute any instrument which the Trustee may deem necessary or reasonably advisable to accomplish the purposes of this Security Agreement, including:

Appears in 2 contracts

Samples: Pledge and Security Agreement (Ferro Corp), Pledge and Security Agreement (Ferro Corp)

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Trustee Appointed Attorney-in-Fact. Each Grantor hereby irrevocably appoints the Trustee its attorney-in-such Grantor's attorney in fact, with full authority in the place and stead of such Grantor and in the name of such Grantor or otherwise, from time to time in the Trustee’s discretion, following upon the occurrence and during the continuance of a Specified an Event of Default, in the Trustee's discretion, to take any action and to execute any instrument which that the Trustee may deem necessary or reasonably advisable to accomplish the purposes of this Security Agreement, including, without limitation:

Appears in 2 contracts

Samples: Security Agreement (Foster Wheeler Inc), Security Agreement (Foster Wheeler Inc)

Trustee Appointed Attorney-in-Fact. Each Grantor hereby irrevocably appoints the Trustee its attorney-in-fact, with full authority in the place and stead of such Grantor and in the name of such Grantor or otherwise, from at such time as an Event of Default has occurred and is continuing under the Indenture, to, subject to time in the Trustee’s discretionprovisions of the Intercreditor Agreement, following the occurrence and during the continuance of a Specified Default, to take any action and to execute any instrument which is necessary or advisable or that the Trustee may reasonably deem necessary or reasonably advisable to accomplish the purposes of this Security Agreement, including, without limitation:

Appears in 2 contracts

Samples: Copyright Security Agreement (Securus Technologies, Inc.), Patent Security Agreement (Telequip Labs, Inc.)

Trustee Appointed Attorney-in-Fact. Each Grantor hereby ---------------------------------- irrevocably appoints the Trustee its as Grantor's attorney-in-fact, with full authority in the place and stead of such Grantor and in the name of such Grantor or otherwise, from time to time in the Trustee’s 's discretion, following the occurrence and during the continuance of a Specified Default, to take any action and to execute any instrument which the Trustee may deem necessary or reasonably advisable to accomplish the purposes of this Security Agreement, including, without limitation, (a) following the occurrence and during the continuance of an Event of Default, to:

Appears in 1 contract

Samples: Security Agreement (Majestic Star Casino LLC)

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Trustee Appointed Attorney-in-Fact. Each Effective upon and during the continuance of an Event of Default, each Grantor hereby irrevocably appoints the Trustee as its attorney-in-fact, with full authority in the place and stead of such Grantor and in the name of such Grantor or otherwise, from time to time in the Trustee’s discretion, following the occurrence and during the continuance of a Specified DefaultGrantor, to take any action and to execute any instrument which the Trustee may deem that is necessary or reasonably advisable to accomplish the purposes of this Security Agreement, including:.

Appears in 1 contract

Samples: Security Agreement (Gb Holdings Inc)

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