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

Trustee Appointed Attorney-in-Fact. The Grantor hereby appoints the Trustee, as the Grantor's attorney-in-fact to administer all matters concerning the rights of the holders of the Debt Securities, as Lenders, with full authority in the place and stead of the Grantor and in the name of the Grantor or otherwise, from time to time to take any action and to execute any instrument which is necessary or advisable or which the Trustee may deem necessary or advisable to accomplish the purposes of this Agreement with respect to the interests of the holders of the Debt Securities hereunder, including, without limitation: (i) to ask, demand, collect, sue xxx, recover, compromise, receive and give acquittance and receipts for moneys due and to become due under on connection with the Collateral; (ii) to receive, indorse and collect any drafts or other instruments or documents in connection therewith; and (iii) to file any claims or take any action or institute any proceedings which is necessary or desirable or which the Trustee may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce compliance with the terms and conditions of the Assigned Agreement or the rights of the holders of the Debt Securities with respect to any of the Collateral.

Trustee Appointed Attorney-in-Fact. The Each Grantor hereby irrevocably appoints the Trustee, as the Trustee such Grantor's attorney-in-fact to administer all matters concerning the rights of the holders of the Debt Securities, as Lendersattorney in fact, with full authority in the place and stead of the such Grantor and in the name of the such Grantor or otherwise, from time to time upon the occurrence and during the continuance of an Event of Default, in the Trustee's discretion, to take any action and to execute any instrument which is necessary or advisable or which that the Trustee may deem necessary or advisable to accomplish the purposes of this Agreement with respect to the interests of the holders of the Debt Securities hereunderAgreement, including, without limitation: (ia) to askobtain and adjust insurance required to be paid to the Trustee pursuant to the New Indenture, (b) to ask for, demand, collect, sue xxxxxx for, recover, compromise, receive and give acquittance and receipts for moneys due and to become due under on connection with or in respect of any of the Collateral;, (iic) to receive, indorse and collect any drafts or other instruments or instruments, documents and chattel paper, in connection therewith; with clause (a) or (b) above, and (iiid) to file any claims or take any action or institute any proceedings which is necessary or desirable or which that the Trustee may deem reasonably necessary or desirable for the collection of any of the Collateral or otherwise to enforce compliance with the terms and conditions of the any Assigned Agreement or the rights of the holders of the Debt Securities Trustee with respect to any of the Collateral.

Trustee Appointed Attorney-in-Fact. The Each Grantor hereby irrevocably appoints the Trustee, as the Trustee such Grantor's attorney-in-fact to administer all matters concerning the rights of the holders of the Debt Securities, as Lendersfact, with full authority in the place and stead of the such Grantor and in the name of the such Grantor or otherwise, from time to time in the Trustee's discretion, following the occurrence and continuation of a Default of the nature set forth in Section 901(d) or (e) of the Indenture or an Event of Default, to take any action and to execute any instrument which is necessary or advisable or which the Trustee may deem necessary or advisable to accomplish the purposes of this Agreement with respect to the interests of the holders of the Debt Securities hereunderSecurity Agreement, including, without limitation: (ia) to ask, demand, collect, sue xxxxxx for, recover, compromise, receive and give acquittance and receipts for moneys due and to become due under on connection with or in respect of any of the Collateral; (iib) to receive, indorse endorse, and collect any drafts or other instruments or instruments, documents and chattel paper, in connection therewith; andwith clause (a) above; (iiic) to file any claims or take any action or institute any proceedings which is necessary or desirable or which the Trustee may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce compliance with the terms and conditions of the Assigned Agreement or the rights of the holders of the Debt Securities Trustee with respect to any of the Collateral; and (d) to perform the affirmative obligations of such Grantor hereunder (including all obligations of such Grantor pursuant to Section 4.7). Such Grantor hereby acknowledges, consents and agrees that the power of attorney granted pursuant to this Section is irrevocable and coupled with an interest.

Trustee Appointed Attorney-in-Fact. The Grantor hereby ---------------------------------- irrevocably appoints the Trustee, Trustee as the Grantor's attorney-in-fact to administer all matters concerning the rights of the holders of the Debt Securities, as Lendersfact, with full authority in the place and stead of the Grantor and in the name of the Grantor or otherwise, from time to time in Trustee's discretion, to take any action and to execute any instrument which is necessary or advisable or which the Trustee may deem necessary or advisable to accomplish the purposes of this Agreement with respect to the interests of the holders of the Debt Securities hereunderAgreement, including, without limitation, (a) following the occurrence and during the continuance of an Event of Default, to: (i) obtain and adjust insurance required to be paid to the Trustee or any Holders pursuant to the Indenture; (ii) ask, demand, collect, sue xxxxxx for, recover, compromise, receive and give acquittance and receipts for moneys due and to become due under on connection with or in respect of any of the Collateral; (iiiii) to receive, indorse endorse, and collect any drafts or other instruments or instruments, documents and chattel paper, in connection therewithwith clause (i) or (ii) above; andand ---------- ---- (iiiiv) to file any claims or take any action or institute any proceedings which is necessary or desirable or which the Trustee may deem necessary or desirable for the collection of any of the Collateral Collateral, or otherwise to enforce compliance with the terms and conditions of the Assigned Agreement or the rights of the holders of the Debt Securities Trustee with respect to any of the Collateral; and (b) at any time, to: (i) obtain access to records maintained for Grantor by computer services companies and other service companies or bureaus; and (ii) do all other things reasonably necessary to carry out this Agreement.