Authority to File Notices Sample Clauses

Authority to File Notices. Borrower irrevocably appoints Lender at its attorney-in-fact, with full power of substitution, to file for record, at Borrower’s cost and expense and in Borrower’s name, any notices of completion, notices of cessation of labor, or any other notices that Lender considers necessary or desirable to protect its security.
AutoNDA by SimpleDocs
Authority to File Notices. The Borrower irrevocably appoints, constitutes and designates the Lender its attorney-in-fact to file for record any notice that the Lender reasonably deems necessary or desirable to protect its interest hereunder or under any of the Loan Documents. Such power shall be deemed coupled with an interest and shall be irrevocable while any sum remains due and owing under any of the Loan Documents or any obligation of the Borrower thereunder remains unperformed.
Authority to File Notices. Borrower irrevocably appoints Bank as its attorney-in-fact, with full power of substitution, to file for record, at Borrower’s cost and expense and in Borrower’s name, any notices of completion, notices of cessation of labor, or any other notices that Bank in its reasonable discretion may consider necessary or desirable to protect its security, if Borrower fails to do so. The appointment granted in this Section shall be deemed to be a power coupled with an interest.
Authority to File Notices. At any time subsequent to the funding of the Program Funds, Recipient irrevocably appoints and authorizes the Department, as Recipient's attorney‑in‑fact, which agency is coupled with an interest, to execute and record, on either of them, in the Department's or Recipient's name, any notices, instruments or documents that the Department deems appropriate to protect the Department's interest under any of the Grant Documents.
Authority to File Notices. Borrower irrevocably appoints Bank as its attorney-in-fact, coupled with an interest, with full power of substitution, after the occurrence of and during the continuation of any Event of Default, to file for record, at Borrower's cost and expense and in Borrower's names, any actions, complaints, petitions, requests or notices that Bank considers necessary or desirable to protect the Collateral.
Authority to File Notices. Borrower irrevocably appoints and ------------------------- authorizes Lender, as Borrower's attorney-in-fact, which agency is coupled with an interest, to execute and/or record in Lender's or Borrower's name any notices, instruments or documents that Lender deems appropriate to protect Lender's interest under any of the Loan Documents.
Authority to File Notices. Borrower irrevocably appoints, designates, and authorizes Lender as its agent (said agency being coupled with an interest) to file for record any notice that Lender deems necessary or desirable to protect its interest hereunder or under the Note, the Deed of Trust or any of the other Loan Documents. Lender shall only file such notices if Borrower fails, within ten (10) days after written demand by Lender, to do so.
AutoNDA by SimpleDocs
Authority to File Notices. Borrower irrevocably appoints, designates and authorizes Bank as its agent (said agency being coupled with an interest) to send to any third part-y any other notice or documents or take any other action that Bank deems necessary or desirable to protect its interest hereunder, or under the Loan Documents, and will upon request by Bank, execute such additional documents as Bank may require to further evidence the grant of the aforesaid right to Bank.
Authority to File Notices. Borrower irrevocably appoints and authorizes the Department, as Borrower's attorney-in-fact, which agency is coupled with an interest, to execute and record, on either of them, in the Department's or Borrower's name, any notices, instruments or documents that the Department deems appropriate to protect the Department's interest under any of the Loan Documents.
Authority to File Notices. Borrower irrevocably appoints, designates and authorizes Lender as its agent (said agency being coupled with an interest) and attorney-in-fact, with full power of substitution, to file for record any Notices of Completion, Cessation of Labor, or file or send to any third party any other notice or documents or take any other action that Lender deems necessary or desirable to protect its interest hereunder, or under the Project Documents, and will upon request by Lender, execute such additional documents as Lender may require to further evidence the grant of the aforesaid right to Lender.
Time is Money Join Law Insider Premium to draft better contracts faster.