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

Pledgee Appointed Attorney-in-Fact. Pledgor hereby appoints the Pledgee, Pledgor's attorney-in-fact, with full authority in the place and stead of Pledgor and in the name of Pledgor or otherwise, to take any action and to execute any instrument which the Pledgee may deem necessary or advisable to accomplish the purposes of this Pledge Agreement, including, without limitation, to receive, endorse and collect all instruments made payable to Pledgor representing any dividend, interest payment or other distribution or payment in respect of the Pledged Collateral or any part thereof and to give full discharge for the same.

Appears in 2 contracts

Samples: Pledge Agreement (Quality Distribution Inc), Pledge Agreement (Cybershop International Inc)

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Pledgee Appointed Attorney-in-Fact. The Pledgor hereby appoints the Pledgee, Pledgee as the Pledgor's attorney-in-fact, with full authority in the place and stead of the Pledgor and in the name of the Pledgor or otherwise, from time to time in Pledgee's discretion to take any action and to execute any instrument which the Pledgee may deem necessary or advisable desirable to accomplish the purposes of this Pledge Agreement, including, without limitation, to receive, endorse and collect all instruments made payable to the Pledgor representing any dividend, interest payment or other distribution or payment in respect of the Pledged Collateral or any part thereof and to give full discharge for the same.

Appears in 1 contract

Samples: Stock Pledge Agreement (Etelcharge Com Inc)

Pledgee Appointed Attorney-in-Fact. Pledgor Pledgors hereby appoints the Pledgee, Pledgor's appoint Pledgee as Pledgors’ attorney-in-fact, with full authority in the place and stead of Pledgor Pledgors and in the name of Pledgor Pledgors or otherwise, from time-to-time in Pledgee’s discretion to take any action and to execute any instrument which the Pledgee may deem necessary or advisable to accomplish the purposes of this Pledge Agreement, including, without limitation, to receive, endorse and collect all instruments made payable to Pledgor Pledgors representing any dividend, interest payment or other distribution or interest payment in respect of the Pledged Collateral or any part thereof and to give full discharge for the same.

Appears in 1 contract

Samples: Pledge Agreement (Advanced BioEnergy, LLC)

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Pledgee Appointed Attorney-in-Fact. The Pledgor hereby appoints the Pledgee, Pledgee as the Pledgor's ’s attorney-in-fact, with full authority in the place and stead of the Pledgor and in the name of the Pledgor or otherwise, from time to time in Pledgee’s discretion to take any action and to execute any instrument which the Pledgee may deem necessary or advisable desirable to accomplish the purposes of this Pledge Agreement, including, without limitation, to receive, endorse and collect all instruments made payable to the Pledgor representing any dividend, interest payment or other distribution or payment in respect of the Pledged Collateral or any part thereof and to give full discharge for the same.

Appears in 1 contract

Samples: Stock Pledge Agreement (Airbee Wireless, Inc.)

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