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

Buyer’s Appointment as Attorney in Fact. (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 such Seller and in the name of such Seller or in its own name, from time to time, in the Buyer’s discretion, if an Event of Default shall have occurred, and during its period of continuance, and for the purpose of carrying out the terms of this Repurchase Agreement, to take any and all appropriate action and to execute any and all documents and instruments which may be necessary or desirable to accomplish the purposes of this Repurchase Agreement, and, without limiting the generality of the foregoing, each Seller hereby gives the Buyer the power and right, on behalf of such Seller, without assent by, but with notice to, such Seller, if an Event of Default shall have occurred and be continuing, to take action pursuant to Section 9, including to do the following:

Buyer’s Appointment as Attorney in Fact. (a) Each Seller Sellers hereby irrevocably constitutes constitute and appoints the appoint Buyer and any officer or agent thereof, with full power of substitution, as its their true and lawful attorney-in-fact with full irrevocable power and authority in the place and stead of such Seller Sellers and in the name of such Seller Sellers or in its own name, from time to time, time in the Buyer’s discretion, if an Event of Default shall have occurred, and during its period of continuance, and for the purpose of carrying out the terms of this 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, to file such financing statement or statements relating to the Purchased Assets and the Purchased Items without any Seller’s signature thereon as Buyer at its option may deem appropriate, and, without limiting the generality of the foregoing, each Seller Sellers hereby gives the give Buyer the power and right, on behalf of such SellerSellers, without assent byconsent of, but with notice to, such SellerSellers, if an Event of Default shall have occurred and be continuing, to take action pursuant to Section 9, including to do the following:

Buyer’s Appointment as Attorney in Fact. (a) Each Seller The Sellers 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 such Seller the Sellers and in the name of such Seller the Sellers or in its own name, from time to time, time in the Buyer’s discretion, if an Event of Default shall have occurred, and during its period of continuance, and for the purpose of carrying out the terms of this 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, to file such financing statement or statements relating to the Purchased Assets and the Purchased Items without any Seller’s signature thereon as the Buyer at its option may deem appropriate, and, without limiting the generality of the foregoing, each Seller the Sellers hereby gives give the Buyer the power and right, on behalf of such Sellerthe Sellers, without assent by, but with notice to, such Sellerthe Sellers, if an Event of Default shall have occurred and be continuing, to take action pursuant to Section 9, including to do the following:

Buyer’s Appointment as Attorney in Fact. (a) Each Seller The Sellers hereby irrevocably constitutes constitute and appoints appoint 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 such Seller the Sellers and in the name of such Seller the Sellers or in its own name, from time to time, time in the Buyer’s discretion, if discretion (which the Buyer shall only exercise during the continuance of an Event of Default shall have occurredDefault), and during its period of continuance, and for the purpose of carrying out the terms of this 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, and, without limiting the generality of the foregoing, each Seller the Sellers hereby gives give the Buyer the power and right, on behalf of such Sellerthe Sellers, without assent by, but with notice to, such Sellerthe Sellers, if an Event of Default shall have occurred and be continuing, to take action pursuant to Section 9, including to do the following: