Issuer as Agent. Each of the Obligors hereby appoints the Issuer to serve as its representative and agent to act, make decisions, and grant any necessary consents or approvals hereunder, collectively, on behalf of such Obligor. Each Obligor hereby authorizes the Issuer to take such action as agent on its behalf and to exercise such powers as are delegated to the Issuer by the terms hereof, together with such powers as are reasonably incidental thereto.
Issuer as Agent. Each Grantor (other than Issuer) hereby appoints Issuer as its agent and attorney-in-fact for purposes of giving and receiving notices under this Security Agreement and agrees that any notice hereunder delivered to Issuer shall be deemed to have been delivered to each Grantor.
Issuer as Agent. 10.1. The Guarantor hereby appoints the Issuer as its agent in all matters concerning this Guaran- tee. Any notice or communication to be made to the Guarantor under or in respect of this Guarantee may be made to the Issuer and will be deemed to have been duly made to and received by the Guarantor if and when made to and received by the Issuer.
