Common use of Cumulative Remedies; Power of Attorney; Effect on Loan Documents Clause in Contracts

Cumulative Remedies; Power of Attorney; Effect on Loan Documents. All of the Assignee's rights and remedies with respect to the Patents, Marks, Copyrights and Licenses, whether established hereby, by any of the Loan Documents or otherwise, or by any other agreements or by law, shall be cumulative and may be exercised singularly or concurrently. Assignor hereby constitutes and appoints the Assignee as Assignor's true and lawful attorney-in-fact, with full power of substitution in the premises, with power at any time after the occurrence of an Event of Default, to (i) endorse Assignor's name on all applications, documents, papers and instruments determined by the Assignee, for and on behalf of the Lenders, in its sole discretion as necessary or desirable for the Assignee in the use of the Patents, Marks, Copyrights and Licenses, (ii) take any other actions with respect to the Patents, Marks, Copyrights and Licenses as the Assignee deems in good faith to be in the best interest of the Assignee, for and on behalf of the Lenders, (iii) grant or issue any exclusive or non-exclusive license under the Patents, Marks or Copyrights to any Person, or (iv) assign, pledge, convey or otherwise transfer title in or dispose of the Patents, Marks, Copyrights or Licenses to any Person. Assignor hereby ratifies all that such attorney shall lawfully do or cause to be done by virtue hereof. This power of attorney shall be irrevocable until the Obligations shall have been satisfied in full and the Credit Agreement shall have been terminated. Assignor acknowledges and agrees that this Agreement is not intended to limit or restrict in any way the rights and remedies of the Assignee under the Credit Agreement or any of the Loan Documents but rather is intended to facilitate the exercise of such rights and remedies. The Assignee, for and on behalf of the Lenders shall have, in addition to all other rights and remedies given it by the terms of this Agreement, all rights and remedies allowed by law and the rights and remedies of a secured party under the Uniform Commercial Code as enacted in any jurisdiction in which the Patents, Marks, Copyrights or Licenses may be enforced. Assignor hereby releases the Assignee and the Lenders from any and all claims, causes of action and demands at any time arising out of or with respect to any actions taken or omitted to be taken by the Assignees under the powers of attorney granted herein.

Cumulative Remedies; Power of Attorney; Effect on Loan Documents. All of the Assignee's Agent’s rights and remedies with respect to the Patents, Marks, Copyrights and LicensesPledged Collateral, whether established hereby, by any of the Loan Documents or otherwiseDocuments, or by any other agreements or by law, shall law will be cumulative and may be exercised singularly or concurrently. Assignor Each Borrower hereby irrevocably designates, constitutes and appoints the Assignee Agent (and authorizes the Agent to make, constitute and appoint any officer or agent of the Agent as Assignor's the Agent may select in its sole discretion) as the Borrower’s true and lawful attorney-in-factfact with power, with full power of substitution in the premises, with power at any time after upon the occurrence and during the continuance of an Event of Default, and subject to any applicable limitations or restrictions on the Borrowers’ rights in the Pledged Collateral to: (ia) endorse Assignor's name the Borrowers’ names on all applications, documents, papers and instruments determined by the Assignee, for and on behalf of the Lenders, in its sole discretion as necessary or desirable for the Assignee Agent in the use of the Patents, Marks, Copyrights and Licenses, Pledged Collateral; (iib) take any other actions with respect to the Patents, Marks, Copyrights and Licenses Pledged Collateral as the Assignee Agent deems in good faith to be in the its best interest of the Assignee, for and on behalf of the Lenders, interests; (iiic) grant or issue any exclusive or non-exclusive license under the Patents, Marks or Copyrights Pledged Collateral to any Person, anyone on commercially reasonable terms; or (ivd) assign, pledge, convey or otherwise transfer title in or dispose of the Patents, Marks, Copyrights or Licenses any Pledged Collateral to any Personanyone on commercially reasonable terms. Assignor The Borrowers hereby ratifies ratify all that such attorney shall will lawfully do or cause to be done by virtue hereof. This power of attorney shall will be irrevocable until the Obligations shall Liabilities will have been satisfied paid in full and the Credit Loan Agreement shall have has been terminated. Assignor acknowledges The Borrowers acknowledge and agrees agree that this Security Agreement is not intended to limit or restrict in any way the rights and remedies of the Assignee Agent under the Credit Loan Agreement or any of the Loan Documents but rather is intended to facilitate the exercise of such rights and remedies. The Assignee, for and on behalf of the Lenders shall Agent will have, in addition to all other rights and remedies given it by the terms of this Security Agreement and the Loan Agreement, all rights and remedies allowed by law and the rights and remedies of a secured party under the Uniform Commercial Code as enacted in any jurisdiction in which the Patentsapplicable jurisdiction, Marks, Copyrights or Licenses may be enforced. Assignor hereby releases the Assignee and the Lenders from any and all claims, causes of action and demands at any time arising out of or with respect to any actions taken or omitted to be taken by the Assignees under the powers of attorney granted hereintime.

Cumulative Remedies; Power of Attorney; Effect on Loan Documents. All of the Assignee's rights and remedies with respect to the Patents, Marks, Copyrights and Licenses, whether established hereby, by any of the Loan Documents Financing Agreements or otherwise, or by any other agreements or by law, law shall be cumulative and may be exercised singularly or concurrently. Assignor hereby constitutes and appoints the Assignee as Assignor's true and lawful attorney-in-fact, with full power of substitution in the premises, with power at any time after the occurrence of an Event of Default, to (i) endorse Assignor's name on all applications, documents, papers and instruments determined by the Assignee, for and on behalf of the Lenders, Assignee in its sole discretion as necessary or desirable for the Assignee in the use of the Patents, Marks, Copyrights and Licenses, (ii) take any other actions with respect to the Patents, Marks, Copyrights and Licenses as the Assignee deems in good faith Good Faith to be in the best interest of the Assignee, for and on behalf of the Lenders, (iii) grant or issue any exclusive or non-exclusive license under the Patents, Marks or Copyrights to any Person, or (iv) assign, pledge, convey or otherwise transfer title in or dispose of the Patents, Marks, Copyrights or Licenses to any Person. Assignor hereby ratifies all that such attorney shall lawfully do or cause to be done by virtue hereof. This power of attorney shall be irrevocable until the Obligations Liabilities shall have been satisfied in full and the Credit Loan Agreement shall have been terminated. Assignor acknowledges and agrees that this Agreement Assignment is not intended to limit or restrict in any way the rights and remedies of the Assignee under the Credit Loan Agreement or any of the Loan Documents Financing Agreements but rather is intended to facilitate the exercise of such rights and remedies. The Assignee, for and on behalf of the Lenders Assignee shall have, in addition to all other rights and remedies given it by the terms of this AgreementAssignment, all rights and remedies allowed by law and the rights and remedies of a secured party under the Uniform Commercial Code as enacted in any jurisdiction in which the Patents, Marks, Copyrights or Licenses may be enforced. Assignor hereby releases the Assignee and the Lenders from any and all claims, causes of action and demands at any time arising out of or with respect to any actions taken or omitted to be taken by the Assignees Assignee under the powers of attorney granted herein.