Common use of Grant of Power of Attorney Clause in Contracts

Grant of Power of Attorney. (a) Each Member, by executing a Joinder or accepting Shares, irrevocably constitutes and appoints the Manager (and each future Manager and any future Liquidator) such Member’s true and lawful attorney-in-fact, with full power of substitution, with such attorney-in-fact having full power and authority in the Member’s name, place and stead to execute, acknowledge, deliver, swear to, certify, verify, publish, file and record at the appropriate public offices such documents as may be necessary or appropriate to carry out the provisions of this Agreement, including: