Common use of Appointment as Attorney Clause in Contracts

Appointment as Attorney. In‑Fact. The Borrower hereby irrevocably constitutes and appoints the Agent as the Borrower’s true and lawful attorney, with full power of substitution, exercisable only after the occurrence, and during the continuance, of an Event of Default, to convert the Collateral into cash at the sole risk, cost, and expense of the Borrower, but for the sole benefit of the Agent. The rights and powers granted the Agent by this appointment include but are not limited to the right and power to:

Appointment as Attorney. In‑FactIn-Fact. The Borrower hereby irrevocably constitutes and appoints the Agent Lender as the Borrower’s true and lawful attorney, with full power of substitution, exercisable only after the occurrence, and during the continuance, of an Event of Default, to convert the Collateral into cash at the sole risk, cost, and expense of the Borrower, but for the sole benefit of the AgentLender. The rights and powers granted the Agent Lender by this appointment include but are not limited to the right and power to:

Appointment as Attorney. In‑FactIn-Fact. The Each Borrower hereby irrevocably constitutes and appoints the Agent Collateral Agent, effective upon the occurrence of an Event of Default, as the that Borrower’s 's true and lawful attorney, with full power of substitution, exercisable only after the occurrence, and during the continuance, of an Event of Default, to convert the Collateral into cash at the sole risk, cost, and expense of the BorrowerBorrowers, but for the sole benefit of the AgentCollateral Agent and the Lenders. The rights and powers granted to of the Collateral Agent by this appointment include include, but are not limited to to, the right and power to:

Appointment as Attorney. In‑FactIn-Fact. The Each Borrower hereby irrevocably constitutes and appoints the Agent as the that (acting through any of its officers) Borrower’s 's true and lawful attorney, with full power of substitution, exercisable only after following the occurrence, and during the continuance, occurrence of an Event of Default, to convert the Collateral into cash at the sole risk, cost, and expense of the that Borrower, but for the sole benefit of the Agent. The rights and powers granted the Agent by this appointment include but are not limited to the right and power to:

Appointment as Attorney. In‑FactIn-Fact. The Borrower Borrowers hereby irrevocably constitutes constitute and appoints appoint the Agent as the Borrower’s Borrowers' true and lawful attorney, with full power of substitution, exercisable only after effective following the occurrence, and during the continuance, occurrence of an Event of Default, to convert the Collateral into cash at the sole risk, cost, and expense of the BorrowerBorrowers, but for the sole benefit of the AgentAgent and the Lenders. The rights and powers granted the Agent by this the within appointment include but are not limited to the right and power to: