Common use of Bank Appointed Attorney-in-Fact Clause in Contracts

Bank Appointed Attorney-in-Fact. The Grantor irrevocably appoints the Bank the Grantor's attorney-in-fact, with full authority in the place and stead of the Grantor and in the name of the Grantor or otherwise, from time to time in the Bank's discretion, to take any action and to execute any instrument that the Bank may deem necessary or advisable to accomplish the purposes of this Agreement (subject to the rights of the Grantor under Section 8), including, without limitation:

Appears in 2 contracts

Samples: Credit Agreement (Jore Corp), Credit Agreement (American Ecology Corp)

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Bank Appointed Attorney-in-Fact. The Grantor hereby irrevocably appoints the Bank the Grantor's attorney-in-fact, with full authority in the place and stead of the Grantor and in the name of the Grantor or otherwise, from time to time in the Bank's discretiondiscretion of the Bank following an Event of Default (as hereinafter defined), to take any action and to execute any instrument that which the Bank may deem necessary or advisable to accomplish the purposes of this Agreement (subject to the rights of the Grantor under Section 8)Agreement, including, without limitation:

Appears in 1 contract

Samples: Assignment and Security Agreement (Uti Worldwide Inc)

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Bank Appointed Attorney-in-Fact. The Grantor hereby irrevocably appoints the Bank the Grantor's ’s attorney-in-fact, with full authority in the place and stead of the Grantor and in the name of the Grantor Grantor, Bank or otherwise, from time to time after an Event of Default occurs and is continuing, in the Bank's ’s discretion, to take any action and to execute any instrument that the which Bank may deem necessary or advisable to accomplish the purposes of this Agreement (subject to the rights of the Grantor under Section 8)Agreement, including, without limitation:

Appears in 1 contract

Samples: Security Agreement (Ark Restaurants Corp)

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