Collateral Agent’s Appointment as Attorney-in-Fact, etc. Each Grantor hereby irrevocably constitutes and appoints the Collateral Agent 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 Grantor and in the name of such Grantor or in its own name, for the purpose of carrying out the terms of this Agreement, to take any and all appropriate action after the occurrence and during the continuance of an Event of Default and to execute any and all documents and instruments which may be necessary or desirable to accomplish the purposes of this Agreement after the occurrence and during the continuance of an Event of Default, and, without limiting the generality of the foregoing, each Grantor hereby gives the Collateral Agent the power and right, on behalf of such Grantor, without notice to or assent by such Grantor, to do any or all of the following after the occurrence and during the continuance of an Event of Default:
Appears in 1 contract
Sources: Credit Agreement (Dole PLC)
Collateral Agent’s Appointment as Attorney-in-Fact, etc. Each The Grantor hereby irrevocably constitutes and appoints the Collateral Agent 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 the Grantor and in the name of such the Grantor or in its own name, for the purpose of carrying out the terms of this Agreement, in accordance with the ABL Intercreditor Agreement, to take any and all appropriate action after the occurrence and during the continuance of an Event of Default and to execute any and all documents and instruments which may be necessary or desirable to accomplish the purposes of this Agreement after the occurrence and during the continuance of an Event of DefaultAgreement, and, without limiting the generality of the foregoing, each the Grantor hereby gives the Collateral Agent the power and right, on behalf of such the Grantor, without notice to or assent by such the Grantor, to do any or all of the following after (provided that anything in this Section 7.1(a) to the occurrence and during contrary notwithstanding, the continuance Collateral Agent agrees that it will not exercise any rights under the power of attorney provided for in this Section 7.1(a) unless an Event of Default:Default shall have occurred and be continuing):
Appears in 1 contract
Sources: Asset Based Revolving Credit Agreement (Revlon Inc /De/)
Collateral Agent’s Appointment as Attorney-in-Fact, etc. Each Grantor hereby irrevocably constitutes and appoints the Collateral Agent and any officer or agent thereof, with full power of substitution, as its true and lawful attorney-in-fact while an Event of Default has occurred and is continuing, with full irrevocable power and authority in the place and stead of such Grantor and in the name of such Grantor or in its own name, for the purpose of carrying out the terms of this Agreement, to take any and all appropriate action after the occurrence and during the continuance of an Event of Default and to execute any and all documents and instruments which may be necessary or desirable to accomplish the purposes of this Agreement after the occurrence and during the continuance of an Event of DefaultAgreement, and, without limiting the generality of the foregoing, each Grantor hereby gives the Collateral Agent the power and right, on behalf of such Grantor, without notice (but subject to Section 5.01(b)) to or assent by such Grantor, to do any or all of the following after the occurrence and during the continuance of while an Event of DefaultDefault has occurred and is continuing:
Appears in 1 contract
Sources: Credit Agreement (Rapid7, Inc.)
Collateral Agent’s Appointment as Attorney-in-Fact, etc. Each Grantor hereby irrevocably constitutes and appoints appoints, effective upon and during the occurrence of an Event of Default, the Collateral Agent 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 Grantor and in the name of such Grantor or in its own name, for the purpose of carrying out the terms of this Agreement, in the Collateral Agent’s sole discretion, to take any and all appropriate action after the occurrence and during the continuance of an Event of Default and to execute any and all documents and instruments which may be necessary or desirable to accomplish the purposes of this Agreement after the occurrence and during the continuance of an Event of DefaultAgreement, and, without limiting the generality of the foregoing, each Grantor hereby gives the Collateral Agent the power and right, on behalf of such Grantor, without notice to or assent by such Grantor, to do any or all of the following following, in each case after the occurrence and during the continuance of an Event of DefaultDefault and after written notice by the Collateral Agent of its intent to do so:
Appears in 1 contract
Sources: Credit Agreement (Alliance HealthCare Services, Inc)