Agent Appointed Attorney-in-Fact. Grantor hereby irrevocably appoints Agent as Grantor's attorney-in-fact, with full authority in the place and stead of Grantor and in the name of Grantor or otherwise, from time to time in Agent's discretion, to take any action and to execute any instruments which Agent may deem necessary or advisable to accomplish the purposes of this Security Agreement, including, without limitation: (a) to ask, demand, collect, sue ▇▇▇, recover, compromise, receive and give acquittance and receipts for moneys due and to become due under or in respect of any of the Collateral; (b) to receive, endorse, and collect any drafts or other instruments, documents and chattel paper, in connection with clause (a) above; (c) to file any claims or take any action or institute any proceedings which Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of Agent with respect to any of the Collateral; and (d) to perform the affirmative obligations of Grantor hereunder (including all obligations of Grantor pursuant to Section 4.1.
Appears in 2 contracts
Sources: Security Agreement (Packaged Ice Inc), Security Agreement (Packaged Ice Inc)
Agent Appointed Attorney-in-Fact. Each Grantor hereby irrevocably appoints the Agent as such Grantor's ’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 time, upon the occurrence and during the continuance of an Event of Default, in the Agent's ’s discretion, to take any action and to execute any instruments which instrument, to the extent permitted by and in accordance with the Orders and without further order from the Bankruptcy Court, that the Agent may deem necessary or advisable to accomplish the purposes of this Security Agreement, including, without limitation:
(a) to askobtain and adjust insurance required to be paid to the Agent pursuant to Section 9,
(b) to ask for, demand, collect, sue ▇▇▇▇ for, recover, compromise, receive and give acquittance and receipts for moneys due and to become due under or in respect of any of the Collateral;,
(bc) to receive, endorse, indorse and collect any drafts or other instruments, documents and chattel paper, in connection with clause (a) or (b) above;, and
(cd) to file any claims or take any action or institute any proceedings which that the Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce compliance with the terms and conditions of any Assigned Agreement or the rights of the Agent with respect to any of the Collateral; and
(d) to perform the affirmative obligations of Grantor hereunder (including all obligations of Grantor pursuant to Section 4.1.
Appears in 2 contracts
Sources: Debtor in Possession Credit Agreement (Eastman Kodak Co), Amendment Agreement (Eastman Kodak Co)
Agent Appointed Attorney-in-Fact. Grantor The Pledgor hereby irrevocably appoints the Agent as Grantorthe Pledgor's attorney-in-fact, with full authority in the place and stead of Grantor the Pledgor and in the name of Grantor the Pledgor or otherwise, from time to time in the Agent's discretion, to take any action and to execute any instruments instrument which the Agent may deem necessary or advisable to accomplish the purposes of this Security Pledge Agreement, including, including without limitation:
(a) to ask, demand, collect, sue ▇▇▇▇ for, recover, compromise, receive and give acquittance and receipts for moneys due and to become due under or in respect of any of the Collateral;
(b) to receive, endorse, and collect any drafts or other instruments, documents and chattel paper, in connection with clause CLAUSE (aA) above;; and
(c) to file any claims or take any action or institute any proceedings which the Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of the Agent with respect to any of the Collateral; and
(d) to perform . The Pledgor hereby acknowledges, consents and agrees that the affirmative obligations power of Grantor hereunder (including all obligations of Grantor attorney granted pursuant to this Section 4.1is irrevocable and coupled with an interest.
Appears in 2 contracts
Sources: Pledge Agreement (Key Components LLC), Pledge Agreement (Key Components LLC)
Agent Appointed Attorney-in-Fact. The Grantor hereby irrevocably appoints the Agent as the Grantor's attorney-in-fact, 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 the Agent's discretion, to take any action and to execute any instruments instrument which the Agent may deem necessary or advisable to accomplish the purposes of this Security Agreement, including, without limitation:
(a) to ask, demand, collect, sue ▇▇▇▇ for, recover, compromise, receive and give acquittance and receipts for moneys due and to become due under or in respect of any of the Collateral;
(b) to receive, endorse, and collect any drafts or other instruments, documents and chattel paper, in connection with clause CLAUSE (aA) above;
(c) to file any claims or take any action or institute any proceedings which the Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of the Agent with respect to any of the Collateral; and
(d) to perform the affirmative obligations of the Grantor hereunder (including all obligations of the Grantor pursuant to Section 4.1.SECTION
Appears in 2 contracts
Sources: Security Agreement (Key Components LLC), Security Agreement (Aristotle Corp)
Agent Appointed Attorney-in-Fact. Grantor hereby irrevocably appoints Agent as Grantor's attorney-in-fact, with full authority in the place and stead of Grantor and in the name of Grantor or otherwise, from time to time in Agent's discretion, to take any action and to execute any instruments which Agent may deem necessary or advisable to accomplish the purposes of this Security Agreement, including, without limitation:
(a) to ask, demand, collect, sue ▇▇▇, recover, compromise, receive and give acquittance and receipts for moneys due and to become due under or in respect of any of the Collateral;
(b) to receive, endorse, and collect any drafts or other instruments, documents and chattel paper, in connection with clause (a) above;
(c) to file any claims or take any action or institute any proceedings which Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of Agent with respect to any of the Collateral; and
(d) to perform the affirmative obligations of Grantor hereunder (including all obligations of Grantor pursuant to Section 4.14.1.7).
Appears in 1 contract
Agent Appointed Attorney-in-Fact. Grantor The Pledgor hereby irrevocably appoints the Agent as Grantorthe Pledgor's attorney-in-fact, with full authority in the place and stead of Grantor the Pledgor and in the name of Grantor the Pledgor or otherwise, from time to time in the Agent's discretion, to take any action and to execute any instruments instrument which the Agent may deem necessary or advisable to accomplish the purposes of this Security Pledge Agreement, including, including without limitation:
(a) to ask, demand, collect, sue ▇▇▇▇ for, recover, compromise, receive and give acquittance and receipts for moneys due and to become due under or in respect of any of the Collateral;
(b) to receive, endorse, endorse and collect any drafts or other instruments, documents and chattel paper, in connection with clause CLAUSE (aA) above;; and
(c) to file any claims or take any action or institute any proceedings which the Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of the Agent with respect to any of the Collateral; and
(d) to perform . The Pledgor hereby acknowledges, consents and agrees that the affirmative obligations power of Grantor hereunder (including all obligations of Grantor attorney granted pursuant to this Section 4.1is irrevocable and coupled with an interest.
Appears in 1 contract
Sources: Pledge Agreement (Aristotle Corp)
Agent Appointed Attorney-in-Fact. Each Grantor hereby irrevocably appoints the Agent as 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 Agent's discretion, to take any action and to execute any instruments instrument which the Agent may deem necessary or advisable to accomplish the purposes of this Security Agreement, including, without limitation:
(a) to ask, demand, collect, sue ▇▇▇▇ for, recover, compromise, receive and give acquittance and receipts for moneys due and to become due under or in respect of any of the Collateral;
(b) to receive, endorse, and collect any drafts or other instruments, documents and chattel paper, in connection with clause CLAUSE (a) A above;
(c) to file any claims or take any action or institute any proceedings which the Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of the Agent 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 4.1.SECTION
Appears in 1 contract
Agent Appointed Attorney-in-Fact. Each Grantor hereby irrevocably appoints the Agent as 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 Agent's discretion, to take any action and to execute any instruments instrument which the Agent may deem necessary or advisable to accomplish the purposes of this Security Agreement, including, without limitation:
(a) to ask, demand, collect, sue ▇▇▇▇ for, recover, compromise, receive and give acquittance and receipts for moneys due and to become due under or in respect of any of the Collateral;
(b) to receive, endorse, and collect any drafts or other instruments, documents and chattel paper, in connection with clause CLAUSE (aA) above;
(c) to file any claims or take any action or institute any proceedings which the Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of the Agent 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 4.1.SECTION
Appears in 1 contract
Agent Appointed Attorney-in-Fact. Each Grantor hereby irrevocably appoints the Agent as such Grantor's attorney-in-factfact (which appointment shall be irrevocable and deemed coupled with an interest), 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 Agent's discretion, upon and during the occurrence and continuation of an Event of Default, to take any action and to execute any instruments instrument which the Agent may deem necessary or advisable to accomplish the purposes of this Security Agreement, including, without limitation:
(ai) to obtain and adjust insurance required to be paid to the Agent pursuant to Section 10,
(ii) to ask, demand, collect, sue ▇▇▇for, recover, compromisecompound, receive and give acquittance and ▇▇▇ receipts for moneys due and to become due under or in respect of any of the Collateral;,
(biii) to receive, endorse, and collect any drafts or other instruments, documents and chattel paper, in connection with clause (ai) or (ii) above;,
(civ) to receive, endorse and collect all instruments made payable to the Grantors representing any dividend or other distribution in respect of the Pledged Collateral or any part thereof and to give full discharge for the same, and
(v) to file any claims or take any action or institute any proceedings which the Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of the Agent with respect to any of the Collateral; and
(d) to perform the affirmative obligations of Grantor hereunder (including all obligations of Grantor pursuant to Section 4.1.
Appears in 1 contract
Sources: Security and Pledge Agreement (Danielson Holding Corp)
Agent Appointed Attorney-in-Fact. The Grantor hereby irrevocably appoints the Agent as the Grantor's attorney-in-fact, 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 the Agent's discretion, to take any action and to execute any instruments instrument which the Agent may deem necessary or advisable to accomplish the purposes of this Security Agreement, including, without limitation:
(a) to ask, demand, collect, sue ▇▇▇, recover, compromise, receive and give acquittance and receipts for moneys due and to become due under or in respect of any of the Collateral;
(b) to receive, endorse, and collect any drafts or other instruments, documents and chattel paper, in connection with clause (a) above;
(c) to file any claims or take any action or institute any proceedings which the Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of the Agent with respect to any of the Collateral; and
(d) to perform the affirmative obligations of the Grantor hereunder (including all obligations of the Grantor pursuant to Section 4.1.Section
Appears in 1 contract
Agent Appointed Attorney-in-Fact. Each Grantor hereby irrevocably appoints the Agent as such Grantor's attorney-in-factfact (which appointment shall be irrevocable and deemed coupled with an interest), 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 Agent's discretion, upon and during the occurrence and continuation of an Event of Default, to take any action and to execute any instruments instrument which the Agent may deem necessary or advisable to accomplish the purposes of this Security Agreement, including, without limitation:
(ai) to obtain and adjust insurance required to be paid to the Agent pursuant to Section 10,
(ii) to ask, demand, collect, sue ▇▇▇for, recover, compromisecompound, receive ▇▇ceive and give acquittance and receipts for moneys due and to become due under or in respect of any of the Collateral;,
(biii) to receive, endorse, and collect any drafts or other instruments, documents and chattel paper, in connection with clause (ai) or (ii) above;,
(civ) to receive, endorse and collect all instruments made payable to the Grantors representing any dividend or other distribution in respect of the Pledged Collateral or any part thereof and to give full discharge for the same, and
(v) to file any claims or take any action or institute any proceedings which the Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of the Agent with respect to any of the Collateral; and
(d) to perform the affirmative obligations of Grantor hereunder (including all obligations of Grantor pursuant to Section 4.1.
Appears in 1 contract
Sources: Security and Pledge Agreement (Paragon Trade Brands Inc)
Agent Appointed Attorney-in-Fact. Grantor The Pledgor hereby irrevocably appoints the Agent as Grantorthe Pledgor's attorney-in-fact, with full authority in the place and stead of Grantor the Pledgor and in the name of Grantor the Pledgor or otherwise, from time to time in the Agent's discretion, to take any action and to execute any instruments instrument which the Agent may deem necessary or advisable to accomplish the purposes of this Security Pledge Agreement, including, including without limitation:
(a) to ask, demand, collect, sue ▇▇▇▇ for, recover, compromise, receive and give acquittance and receipts for moneys due and to become due under or in respect of any of the Collateral;
(b) to receive, endorse, endorse and collect any drafts or other instruments, documents and chattel paper, in connection with clause (a) above;; and
(c) to file any claims or take any action or institute any proceedings which the Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of the Agent with respect to any of the Collateral; and
(d) to perform . The Pledgor hereby acknowledges, consents and agrees that the affirmative obligations power of Grantor hereunder (including all obligations of Grantor attorney granted pursuant to this Section 4.1is irrevocable and coupled with an interest.
Appears in 1 contract
Agent Appointed Attorney-in-Fact. Each Grantor hereby irrevocably appoints the Agent as 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 Agent's discretion, to take any action and to execute any instruments instrument which the Agent may deem necessary or advisable to accomplish the purposes of this Security Agreement, including, without limitation:
(a) to ask, demand, collect, sue ▇▇▇, recover, compromise, receive and give acquittance and receipts for moneys due and to become due under or in respect of any of the Collateral;
(b) to receive, endorse, and collect any drafts or other instruments, documents and chattel paper, in connection with clause (a) above;
(c) to file any claims or take any action or institute any proceedings which the Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of the Agent 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 4.1.
Appears in 1 contract