Upon an Event of Default. The appointment of Bank as Borrower's attorney in fact, and each and every one of Bank's rights and powers, being coupled with an interest, is irrevocable until all of the Obligations have been fully repaid and performed and Bank's obligation to provide advances hereunder is terminated.
Appears in 2 contracts
Samples: Revolving Credit and Security Agreement (Avanex Corp), Revolving Loan and Security Agreement (Iprint Technologies Inc)
Upon an Event of Default. The appointment of Bank as BorrowerXxxxxxxx's attorney in fact, and each and every one of Bank's rights and powers, being coupled with an interest, is irrevocable until all of the Obligations have been fully repaid and performed and Bank's obligation to provide advances hereunder is terminated.
Appears in 1 contract
Samples: Revolving Loan and Security Agreement (Hall Kinion & Associates Inc)
Upon an Event of Default. The appointment of Bank as Borrower's Borrowers' attorney in fact, and each and every one of Bank's rights and powers, being coupled with an interest, is irrevocable until all of the Obligations have been fully repaid and performed and Bank's obligation to provide advances hereunder is terminated.
Appears in 1 contract
Samples: Revolving Loan and Security Agreement (Iprint Technologies Inc)
