Common use of Buyer’s Appointment as Attorney in Fact Clause in Contracts

Buyer’s Appointment as Attorney in Fact. With respect to the Repurchase Assets, each Seller hereby irrevocably constitutes and appoints Buyer and any officer or agent thereof, with full power of substitution, as its true and lawful attorney-in-fact with full irrevocable power and authority in the place and stead of each Seller and in the name of each Seller or in its own name, from time to time in Buyer’s discretion, for the purpose of carrying out the terms of this Agreement and to take any and all appropriate action and to execute any and all documents and instruments which may be reasonably necessary or desirable to accomplish the purposes of this Agreement, in each case, subject to the terms of this Agreement. Without limiting the generality of the foregoing, each Seller hereby gives the Buyer the power and right, on behalf of each Seller without assent by, but with notice to, each Seller if an Event of Default shall have occurred and be continuing, to do the following:

Buyer’s Appointment as Attorney in Fact. With respect to the Repurchase Assets, each Seller hereby irrevocably constitutes and appoints Buyer and any officer or agent thereof, with full power of substitution, as its true and lawful attorney-in-fact with full irrevocable power and authority in the place and stead of each Seller and in the name of each Seller or in its own name, from time to time in Buyer’s discretion, for the purpose purpose, following the occurrence and continuation of an Event of Default, of carrying out the terms of this Agreement and to take any and all appropriate action and to execute any and all documents and instruments which may be reasonably necessary or desirable to accomplish the purposes of this Agreement, in each case, subject to the terms of this Agreement. Without limiting the generality of the foregoing, each Seller hereby gives the Buyer the power and right, on behalf of each Seller without assent by, but with notice to, each Seller if an Event of Default shall have occurred and be continuing, to do the following:

Buyer’s Appointment as Attorney in Fact. With respect to the Repurchase Assets, each (a) The Seller hereby irrevocably constitutes and appoints the Buyer and any officer or agent thereof, with full power of substitution, as its true and lawful attorney-in-fact with full irrevocable power and authority in the place and stead of each the Seller and in the name of each the Seller or in its own name, from time to time in the Buyer’s discretion, for the purpose of carrying out the terms of this Agreement and Repurchase Agreement, to take any and all appropriate action and to execute any and all documents and instruments which may be reasonably necessary or desirable to accomplish the purposes of this Repurchase Agreement, in each caseand, subject to the terms of this Agreement. Without without limiting the generality of the foregoing, each the Seller hereby gives the Buyer the power and right, on behalf of each Seller the Seller, without assent by, but with notice to, each Seller the Seller, if an Event of Default shall have occurred and be continuing, to do the following:

Buyer’s Appointment as Attorney in Fact. With respect to the Repurchase Assets, each (a) The Seller hereby irrevocably constitutes and appoints the Buyer and any officer or agent thereof, with full power of substitution, as its true and lawful attorney-in-fact with full irrevocable power and authority in the place and stead of each the Seller and in the name of each the Seller or in its own name, from time to time in the Buyer’s 's discretion, for the purpose of carrying out the terms of this Agreement and Repurchase Agreement, to take any and all appropriate action and to execute any and all documents and instruments which may be reasonably necessary or desirable to accomplish the purposes of this Repurchase Agreement, in each caseand, subject to the terms of this Agreement. Without without limiting the generality of the foregoing, each the Seller hereby gives the Buyer the power and right, on behalf of each Seller the Seller, without assent by, but with notice to, each Seller the Seller, if an Event of Default shall have occurred and be continuing, to do the following:

Buyer’s Appointment as Attorney in Fact. With respect to the Repurchase Assets, each (a) Each Seller hereby irrevocably constitutes and appoints the Buyer and any officer or agent thereof, with full power of substitution, as its true and lawful attorney-in-fact with full irrevocable power and authority in the place and stead of each such Seller and in the name of each such Seller or in its own name, from time to time in the Buyer’s discretion, for the purpose of carrying out the terms of this Agreement and Repurchase Agreement, to take any and all appropriate action and to execute any and all documents and instruments which may be reasonably necessary or desirable to accomplish the purposes of this Repurchase Agreement, in each caseand, subject to the terms of this Agreement. Without without limiting the generality of the foregoing, each such Seller hereby gives the Buyer the power and right, on behalf of each Seller such Seller, without assent by, but with notice to, each Seller such Seller, if an Event of Default shall have occurred and be continuing, to do the following:

Buyer’s Appointment as Attorney in Fact. With respect to the Repurchase Assets, each (a) Each Seller hereby irrevocably constitutes and appoints the Buyer and any officer or agent thereof, with full power of substitution, as its true and lawful attorney-in-fact with full irrevocable power and authority in the place and stead of each such Seller and in the name of each such Seller or in its own name, from time to time in the Buyer’s 's discretion, for the purpose of carrying out the terms of this Agreement and Repurchase Agreement, to take any and all appropriate action and to execute any and all documents and instruments which may be reasonably necessary or desirable to accomplish the purposes of this Repurchase Agreement, in each caseand, subject to the terms of this Agreement. Without without limiting the generality of the foregoing, each such Seller hereby gives the Buyer the power and right, on behalf of each Seller such Seller, without assent by, but with notice to, each Seller such Seller, if an Event of Default shall have occurred and be continuing, to do the following:

Buyer’s Appointment as Attorney in Fact. With respect to the Repurchase Assets, each (a) Each Seller hereby irrevocably constitutes and appoints the Buyer and any officer or agent thereof, with full power of substitution, as its true and lawful attorney-in-fact with full irrevocable power and authority in the place and stead of each such Seller and in the name of each such Seller or in its own name, from time to time in the Buyer’s discretion, for the purpose of carrying out the terms of this Agreement and Repurchase Agreement, to take any and all appropriate action and to execute any and all documents and instruments which may be reasonably necessary or desirable to accomplish the purposes of this Repurchase Agreement, in each caseand, subject to the terms of this Agreement. Without without limiting the generality of the foregoing, each Seller hereby gives the Buyer the power and right, on behalf of each Seller such Seller, without assent by, but with notice to, each Seller such Seller, if an Event of Default shall have occurred and be continuing, to do the following:

Buyer’s Appointment as Attorney in Fact. With respect to the Repurchase Assets, each The Seller hereby irrevocably constitutes and appoints the Buyer and any officer or agent thereof, with full power of substitution, as its true and lawful attorney-in-fact with full irrevocable power and authority in the place and stead of each the Seller and in the name of each the Seller or in its own name, from time to time in the Buyer’s discretion, for the purpose of carrying out the terms of this Agreement and Repurchase Agreement, to take any and all appropriate action and to execute any and all documents and instruments which may be reasonably necessary or desirable to accomplish the purposes of this Repurchase Agreement, in each caseand, subject to the terms of this Agreement. Without without limiting the generality of the foregoing, each the Seller hereby gives the Buyer the power and right, on behalf of each Seller the Seller, without assent by, but with notice to, each Seller the Seller, if an Event of Default shall have occurred and be continuing, to do the following:

Buyer’s Appointment as Attorney in Fact. With respect to the Repurchase Assets, each Seller hereby irrevocably constitutes and appoints Buyer and any officer or agent thereof, with full power of substitution, as its true and lawful attorney-in-fact with full irrevocable power and authority in the place and stead of each Seller and in the name of each Seller or in its own name, from time to time in Buyer’s discretion, for the purpose purpose, following the occurrence of an Event of Default, of carrying out the terms of this Agreement and to take any and all appropriate action and to execute any and all documents and instruments which may be reasonably necessary or desirable to accomplish the purposes of this Agreement, in each case, subject to the terms of this Agreement. Without limiting the generality of the foregoing, each Seller hereby gives the Buyer the power and right, on behalf of each Seller without assent by, but with notice to, each Seller if an Event of Default shall have occurred and be continuing, to do the following:

Buyer’s Appointment as Attorney in Fact. With respect to the Repurchase Assets, each Each Seller hereby irrevocably constitutes and appoints the Buyer and any officer or agent thereof, with full power of substitution, as its true and lawful attorney-in-fact with full irrevocable power and authority in the place and stead of each Seller the Sellers and in the name of each Seller the Sellers or in its own name, from time to time in the Buyer’s discretion, for the purpose of carrying out the terms of this Agreement and Repurchase Agreement, to take any and all appropriate action and to execute any and all documents and instruments which may be reasonably necessary or desirable to accomplish the purposes of this Repurchase Agreement, in each caseand, subject to the terms of this Agreement. Without without limiting the generality of the foregoing, each Seller hereby gives the Buyer the power and right, on behalf of each Seller the Sellers, without assent by, but with notice to, each Seller the Sellers, if an Event of Default shall have occurred and be continuing, to do the following:

Buyer’s Appointment as Attorney in Fact. With respect to the Repurchase Assets, each The Seller hereby irrevocably constitutes and appoints the Buyer and any officer or agent thereof, with full power of substitution, as its true and lawful attorney-in-fact with full irrevocable power and authority in the place and stead of each the Seller and in the name of each the Seller or in its own name, from time to time in the Buyer’s 's discretion, after an Event of Default shall have occurred, for the purpose of carrying out the terms of this Agreement and Repurchase Agreement, to take any and all appropriate action and to execute any and all documents and instruments which may be reasonably necessary or desirable to accomplish the purposes of this Repurchase Agreement, in each caseand, subject to the terms of this Agreement. Without without limiting the generality of the foregoing, each the Seller hereby gives the Buyer the power and right, on behalf of each Seller the Seller, without assent by, but with notice to, each Seller the Seller, if an Event of Default shall have occurred and be continuing, to do the following:

Buyer’s Appointment as Attorney in Fact. With respect to the Repurchase Assets, each Seller hereby irrevocably constitutes and appoints Buyer and any officer or agent thereof, with full power of substitution, as its true and lawful attorney-in-fact attorneyinfact with full irrevocable power and authority in the place and stead of each Seller and in the name of each Seller or in its own name, from time to time in Buyer’s discretion, for the purpose of carrying out the terms of this Agreement and to take any and all appropriate action and to execute any and all documents and instruments which may be reasonably necessary or desirable to accomplish the purposes of this Agreement, in each case, subject to the terms of this Agreement. Without limiting the generality of the foregoing, each Seller hereby gives the Buyer the power and right, on behalf of each Seller without assent by, but with notice to, each Seller if an Event of Default shall have occurred and be continuing, to do the following:: 60