Assignment of Loans. Purchaser shall prepare and record, at its sole expense, any documentation necessary to effectuate the assignment of the Assigned Loans or any security interest to Purchaser. Seller shall provide Purchaser with a limited power of attorney in substantially the form attached hereto as Exhibit 4.9 or such other designations of authority as may be reasonably required to allow Purchaser to execute such documentation on behalf of Seller.
Appears in 2 contracts
Sources: Asset Purchase Agreement (Global Consumer Acquisition Corp.), Asset Purchase Agreement (Colonial Bancgroup Inc)