Common use of Appointment of Attorney Clause in Contracts

Appointment of Attorney. The Guarantor irrevocably appoints the Bond Trustee (and any of its officers) as attorney of the Guarantor (with full power of substitution) to do, make and execute, in the name of and on behalf of the Guarantor, all such further acts, documents, matters and things which the Bond Trustee may deem necessary or advisable to accomplish the purposes of this Agreement including the execution, endorsement and delivery of documents and any notices, receipts, assignments or verifications of the accounts and the delivery and transfer of any Collateral to the Bond Trustee or to its nominees or transferees. Whenever the Security has become enforceable, the Bond Trustee or its nominees and transferees are empowered to exercise all rights and powers and to perform all acts of ownership with respect to the Collateral that constitutes Pledged Securities to the same extent as the Guarantor might do. The power of attorney herein granted is in addition to, and not in substitution for any transfer power of attorney delivered by the Guarantor and such power of attorney may be relied upon by the Bond Trustee severally or in combination. All acts of the attorney are ratified and approved, and the attorney shall not be liable for any act, failure to act or any other matter or thing, except for its own gross negligence or wilful misconduct. This power of attorney is coupled with an interest and is irrevocable.

Appointment of Attorney. The Guarantor LP irrevocably appoints the Bond Trustee (and any of its officers) as attorney of the Guarantor LP (with full power of substitution) to do, make and execute, in the name of and on behalf of the GuarantorGuarantor LP, all such further acts, documents, matters and things which the Bond Trustee may deem necessary or advisable to accomplish the purposes of this Agreement including the execution, endorsement and delivery of documents and any notices, receipts, assignments or verifications of the accounts and the delivery and transfer of any Collateral to the Bond Trustee or to its nominees or transferees. Whenever the Security has become enforceable, the Bond Trustee or its nominees and transferees are empowered to exercise all rights and powers and to perform all acts of ownership with respect to the Collateral that constitutes Pledged Securities to the same extent as the Guarantor LP might do. The power powers of attorney herein granted is in addition to, and not in substitution for any transfer power of attorney delivered by the Guarantor LP and such power of attorney may be relied upon by the Bond Trustee severally or in combination. All acts of the attorney are ratified and approved, and the attorney shall not be liable for any act, failure to act or any other matter or thing, except for its own gross negligence or wilful misconduct. This power of attorney is coupled with an interest and is irrevocable.

Appointment of Attorney. The Guarantor Obligor hereby irrevocably appoints the Bond Trustee Collateral Agent (and any of its officersofficer thereof) as attorney of the Guarantor Obligor (with full power of substitution) to do, make and execute, exercise in the name of and on behalf of the GuarantorObligor, all such further actsafter the Security Interest shall have become enforceable and written notice has been given by the Collateral Agent to the Obligor that it intends to exercise its rights under this Section 3.5, documentsany of the Obligor's right (including the right of disposal), matters title and things which interest in and to the Bond Trustee may deem necessary or advisable to accomplish the purposes of this Agreement Collateral including the execution, endorsement and delivery of documents and any noticesendorsement, receipts, assignments or verifications of the accounts and the delivery and transfer of any the Collateral to the Bond Trustee or to Collateral Agent, its nominees or transferees. Whenever , and the Security has become enforceable, the Bond Trustee or Collateral Agent and its nominees and or transferees are hereby empowered to exercise all rights and powers and to perform all acts of ownership with respect to the Collateral that constitutes Pledged Securities to the same extent as the Guarantor Obligor might do. The power of attorney herein granted is in addition to, and not in substitution for for, any transfer stock power of attorney delivered by the Guarantor Obligor and such power of attorney may be relied upon by the Bond Trustee Collateral Agent severally or in combination. All acts of the any such attorney are ratified and approved, and the attorney shall not be liable for any act, failure to act or any other matter or thingthing in connection therewith, except for its own gross negligence or wilful misconduct. This appointment and power of attorney is substitution, being coupled with an interest interest, are irrevocable and is irrevocableshall not terminate upon the bankruptcy, dissolution, winding up or insolvency of the Obligor.

Appointment of Attorney. ‌ The Guarantor LP irrevocably appoints the Bond Trustee (and any of its officers) as attorney of the Guarantor LP (with full power of substitution) to do, make and execute, in the name of and on behalf of the GuarantorGuarantor LP, all such further acts, documents, matters and things which the Bond Trustee may deem necessary or advisable to accomplish the purposes of this Agreement including the execution, endorsement and delivery of documents and any notices, receipts, assignments or verifications of the accounts and the delivery and transfer of any Collateral to the Bond Trustee or to its nominees or transferees. Whenever the Security has become enforceable, the Bond Trustee or its nominees and transferees are empowered to exercise all rights and powers and to perform all acts of ownership with respect to the Collateral that constitutes Pledged Securities to the same extent as the Guarantor LP might do. The power powers of attorney herein granted is in addition to, and not in substitution for any transfer power of attorney delivered by the Guarantor LP and such power of attorney may be relied upon by the Bond Trustee severally or in combination. All acts of the attorney are ratified and approved, and the attorney shall not be liable for any act, failure to act or any other matter or thing, except for its own gross negligence or wilful misconduct. This power of attorney is coupled with an interest and is irrevocable.