Survival of Power of Attorney Sample Clauses

Survival of Power of Attorney. The powers of attorney granted in Section 15.11 shall survive delivery of an Assignment by any Limited Partner of the whole or any part of such Partner’s Interest, provided that if such Assignment was of all of such Limited Partner’s Interest and the substitution of the assignee as a Limited Partner has been consented to by the General Partner, the foregoing powers of attorney shall survive the delivery of such Assignment only for the purpose of enabling the General Partner to execute, acknowledge and file any and all certificates and other instruments necessary to effectuate the substitution of the assignee as a Substitute Limited Partner. Such powers of attorney shall survive any Disabling Event in respect of a Limited Partner and shall extend to such Limited Partner’s successors and assigns.
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Survival of Power of Attorney. It is expressly acknowledged by each member that the foregoing power of attorney is coupled with an interest and shall survive any assignment by such member of such member’s Company Interest or any other interest in the Company; provided, however, that if such member shall assign all of Company Interest, and the assignee shall become a substituted member in accordance with this Agreement, then such power of attorney shall survive such assignment only for the purpose of enabling the Managing Member to execute, acknowledge, swear to and file all instruments necessary or appropriate to effectuate such substitution.
Survival of Power of Attorney. The powers of attorney granted in Section 15.10 shall survive delivery of an Assignment by any Member of the whole or any part of such Member’s Interest, provided that if such Assignment was of all of such Member’s Interest and the substitution of the assignee as a Member has been consented to by the Manager, the foregoing powers of attorney shall survive the delivery of such Assignment for the purpose of enabling the Manager to execute, acknowledge and file any and all certificates and other instruments necessary to effectuate the substitution of the assignee as a Substitute Member. Such powers of attorney shall survive the death, incapacity, dissolution or termination of a Member and shall extend to such Member’s successors and assigns.
Survival of Power of Attorney. The powers of attorney granted in Section 14.11(a) shall survive delivery of an Assignment by any Member of the whole or any part of such Member’s Units; provided that if such Assignment is of all of such Member’s Units and the substitution of the assignee as a Substitute Member has been consented to by the Managing Members, the foregoing powers of attorney shall survive the delivery of such Assignment for the purpose of enabling the Managing Members to execute, acknowledge and file any and all certificates and other instruments necessary to effectuate the substitution of the assignee as a Substitute Member. Such powers of attorney shall survive and not be affected by the subsequent death, disability, incapacity, dissolution or termination of a Member and shall extend to such Member’s successors and assigns.
Survival of Power of Attorney. It is expressly acknowledged by each Partner that the foregoing power of attorney is coupled with an interest and shall survive death, legal incapacity, bankruptcy, insolvency, assignment for the benefit of creditors and assignment by a Partner of its interest in the Partnership; provided, however, that if a Partner shall assign all of its interest in the Partnership and the assignee shall, in accordance with the provisions of this Agreement, become a substitute Partner, then such power of attorney shall survive such assignment only for the purpose of enabling the General Partner to execute, acknowledge, swear to and file any and all instruments necessary to effect such substitution.
Survival of Power of Attorney. The foregoing Power of Attorney is hereby declared to be irrevocable and a power coupled with an interest, and (to the extent permitted by Applicable Law) it shall survive the incapacity of a Investing Member or, if such Investing Member is a corporation, Company, trust or association, the dissolution or termination thereof. The foregoing Power of Attorney may be exercised by the Manager by reference to any list, including Exhibit A, of the Investing Members with the single signature of such attorney-in-fact acting as attorney-in-fact for all of them. It shall survive the delivery of any assignment by a Investing Member of its interest until the assignee is approved for admission as a Substituted Investing Member. Each Investing Member hereby agrees to be bound by any representations made by the Manager and any successor thereto, acting in good faith pursuant to such Power of Attorney, and each Investing Member hereby waives any and all defenses which may be available to contest, negate or disaffirm the actions of the Manager, and any successor thereto taken in good faith under such Power of Attorney.
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Survival of Power of Attorney. Manager shall be entitled to retain any interest which may be earned on funds held by Manager for the benefit of Owner. Accordingly, the power of attorney granted in this Agreement is coupled with an interest and shall survive the death, disability or legal incapacity of Owner and shall be binding on its legal representatives, successors and assigns.
Survival of Power of Attorney. The power of attorney set forth in Section 10.1 shall survive any assignment or other transfer (voluntary or involuntary) by a Limited Partner of the whole or any part of his interest in the Partnership.
Survival of Power of Attorney. The appointment by each Limited Partner of the General Partner as attorney-in-fact shall be deemed to be a power coupled with an interest, in recognition of the fact that each of the Partners under this Agreement will be relying upon the power of the General Partner to act as contemplated by this Agreement in any filing and other action by them on behalf of the Partnership and shall, to the fullest extent permitted by applicable law, survive the Bankruptcy of any Partner hereby giving such power and the transfer or assignment of all or any part of the interest of such Partner; provided, however, that in the event of the transfer by a Limited Partner of all or any part of its interest, the foregoing power of attorney of the transferor Limited Partner shall survive such transfer only until such time, if any, as the transferee shall have been admitted to the Partnership as a Substitute Limited Partner and all required documents and instruments shall have been duly executed, filed and recorded to effect such substitution.
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