Common use of Appointment of Lender as Attorney-In-Fact Clause in Contracts

Appointment of Lender as Attorney-In-Fact. Each Borrower irrevocably designates, makes, constitutes and appoints Lender (and all persons reasonably designated by Lender), with full power of substitution, as Borrowers’ true and lawful attorney-in-fact (and not agent-in-fact) and Lender, or Lender’s agent, may, without notice to any Borrower, and at such time or times thereafter as Lender or said agent, in its discretion, may determine, in Borrowers’ or Lender’s name, at no duty or obligation on Lender, do the following:

Appears in 2 contracts

Samples: Loan and Security Agreement (Carbiz Inc), Loan and Security Agreement (Carbiz Inc)

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Appointment of Lender as Attorney-In-Fact. Each The Borrower irrevocably designates, makes, constitutes and appoints the Lender (and all persons reasonably designated by the Lender), with full power of substitution, as Borrowers’ the Borrower’s respective true and lawful attorney-in-fact (and not agent-in-fact) and the Lender, or the Lender’s agent, may, without notice to any Borrower, the Borrower and at such time or times thereafter as the Lender or said agent, in its discretion, may determine, in Borrowers’ the Borrower’s or the Lender’s name, at no duty or obligation on the Lender, do the following:

Appears in 1 contract

Samples: Credit and Security Agreement (NorthStar Real Estate Income Trust, Inc.)

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Appointment of Lender as Attorney-In-Fact. Each Borrower irrevocably designates, makes, constitutes and appoints Lender (and all persons reasonably designated by Lender), with full power of substitution, as Borrowers’ Borrower's true and lawful attorney-in-fact (and not agent-in-fact) and Lender, or Lender’s 's agent, may, without notice to any Borrower, and at such time or times thereafter as Lender or said agent, in its discretion, may determine, in Borrowers’ Borrower's or Lender’s 's name, at no duty or obligation on Lender, do the following:

Appears in 1 contract

Samples: Loan and Security Agreement (American Business Financial Services Inc /De/)

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