Authority to Administer Collateral. The Borrower irrevocably appoints the Administrative Agent its true and lawful attorney, with full power of substitution, in the name of the Borrower or otherwise, for the sole use and benefit of the Secured Parties, but at the Borrower’s expense, to the extent permitted by law to exercise, at any time and from time to time following the occurrence and continuance of an Event of Default, all or any of the following powers with respect to all or any of the Collateral:
Appears in 6 contracts
Samples: Security Agreement (FS Investment CORP), Security Agreement (FS Energy & Power Fund), Security Agreement (Corporate Capital Trust, Inc.)
Authority to Administer Collateral. The Borrower Each Debtor irrevocably appoints the Administrative Agent its true and lawful attorney, attorney with full power of substitution, in the name of the Borrower such Debtor, any Lender Party or otherwise, for the sole use and benefit of the Secured Lender Parties, but at the Borrower’s Debtors’ expense, to the extent permitted by law to exercise, at any time and from time to time following the occurrence and continuance of while an Event of DefaultDefault shall have occurred and be continuing, all or any of the following powers with respect to all or any of such Debtors’ Collateral (to the Collateral:extent necessary to pay the Liabilities in full):
Appears in 2 contracts
Samples: Security Agreement (Interface Security Systems, L.L.C.), Security Agreement (Interface Security Systems Holdings Inc)
Authority to Administer Collateral. The Borrower Each Debtor irrevocably appoints the Administrative Agent its true and lawful attorney, attorney with full power of substitution, in the name of the Borrower such Debtor, any Lender or otherwise, for the sole use and benefit of the Secured PartiesLenders, but at the Borrower’s Debtors' expense, to the extent permitted by law to exercise, at any time and from time to time following the occurrence while a Default shall have occurred and continuance of an Event of Defaultbe continuing, all or any of the following powers with respect to all or any of such Debtor's Collateral (to the Collateral:extent necessary to pay the Liabilities in full):
Appears in 1 contract
Samples: Security Agreement (CCC Information Services Group Inc)
Authority to Administer Collateral. The Borrower irrevocably appoints the Administrative Agent Lender its true and lawful attorney, with full power of substitution, in the name of the Borrower or otherwise, for the sole use and benefit of the Secured PartiesLender, but at the Borrower’s expense, to the extent permitted by law to exercise, at any time and from time to time following the occurrence and continuance of an Event of Default, all or any of the following powers with respect to all or any of the Collateral:
Appears in 1 contract
