Common use of Transfer Title Clause in Contracts

Transfer Title. Effect transfer of title upon sale of all or part of the Collateral. For this purpose, Borrower irrevocably appoints Bank as Borrower’s attorney-in-fact to execute endorsements, assignments and instruments in the name of Borrower and each of them (if more than one) as shall be necessary or reasonable.

Transfer Title. Effect Lender shall have the right to effect transfer of title upon sale of all or part of the Collateral. For this purpose, Borrower irrevocably appoints Bank Lender as Borrower’s its attorney-in-fact to execute endorsements, assignments assignments, and instruments in the name of Borrower and each of them (if more than one) as shall be necessary or reasonable.

Transfer Title. Effect transfer of title upon sale of all or part of the Collateral. For this purpose, Borrower irrevocably appoints Bank Lender as Borrower’s its attorney-in-fact to execute endorsements, assignments and instruments in the name of Borrower and each of them (if more than one) as shall be necessary or reasonable.

Transfer Title. Effect transfer of title upon sale of all or part of the Collateral. For this purpose, following an Event of Default and the expiration of any applicable cure period, Borrower irrevocably appoints Bank Lender as Borrower’s its attorney-in-fact to execute endorsements, assignments and instruments in the name of Borrower and each of them (if more than one) as shall be necessary or reasonable.