Power of Attorney Clause Example with 4 Variations from Business Contracts

This page contains Power of Attorney clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Power of Attorney. (a) To effectuate the terms and provisions hereof, the Lenders hereby appoint the Collateral Agent as their attorney-in-fact (and the Collateral Agent hereby accepts such appointment) for the purpose of carrying out the provisions of this Pledge Agreement including, without limitation, executing any consent authorized pursuant to this Pledge Agreement and taking any action and executing any instrument that the Collateral Agent may deem necessary or advisable (and lawful) to accomplish the purpos...es hereof. (b) All acts done under the foregoing authorization are hereby ratified and approved and neither the Collateral Agent nor any designee nor agent thereof shall be liable for any acts of commission or omission, for any error of judgment, for any mistake of fact or law except for acts of gross negligence or willful misconduct. (c) This power of attorney, being coupled with an interest, is irrevocable while this Agreement remains in effect. View More

Variations of a "Power of Attorney" Clause from Business Contracts

Power of Attorney. (a) To effectuate the terms and provisions hereof, each of the Lenders hereby appoint appoints the Collateral Security Agent as their its attorney-in-fact (and the Collateral Security Agent hereby accepts such appointment) for the purpose of carrying out the provisions of this Pledge Agreement Agreement, including, without limitation, executing any consent authorized pursuant to this Pledge Agreement and taking any action and executing any instrument (including the Intercreditor Deed) that the C...ollateral Security Agent may deem necessary or advisable (and lawful) to accomplish the purposes hereof. (b) hereof and pursuant to the Intercreditor Deed. All acts done under the foregoing authorization are hereby ratified and approved and neither the Collateral Security Agent nor any designee nor agent thereof shall be liable for any acts of commission or omission, for any error of judgment, for any mistake of fact or law except for acts of gross negligence or willful misconduct. (c) This power of attorney, being coupled with an interest, is irrevocable while this Agreement remains in effect. View More
Power of Attorney. (a) a. To effectuate the terms and provisions hereof, the Lenders hereby appoint the Collateral Agent as their attorney-in-fact (and the Collateral Agent hereby accepts such appointment) for the purpose of carrying out the provisions of this Pledge Agreement including, without limitation, taking any action on behalf of, or at the instruction of, the Majority in Interest at the written direction of the Majority in Interest and executing any consent authorized pursuant to this Pledge Agreement and... taking any action and executing any instrument that the Collateral Agent may deem necessary or advisable (and lawful) to accomplish the purposes hereof. (b) b. All acts done under the foregoing authorization are hereby ratified and approved and neither the Collateral Agent nor any designee nor agent thereof shall be liable for any acts of commission or omission, for any error of judgment, for any mistake of fact or law except for acts of gross negligence or willful misconduct. (c) c. This power of attorney, being coupled with an interest, is irrevocable while this Agreement remains in effect. View More
Power of Attorney. (a) To effectuate the terms and provisions hereof, the Lenders hereby appoint the Collateral Agent as their attorney-in-fact (and the Collateral Agent hereby accepts such appointment) for the purpose of carrying out the provisions of this Pledge Agreement including, without limitation, taking any action on behalf of, or at the instruction of, the Majority in Interest at the written direction of the Majority in Interest and executing any consent authorized pursuant to this Pledge Agreement and ta...king any action and executing any instrument that the Collateral Agent may deem necessary or advisable (and lawful) to accomplish the purposes hereof. (b) All acts done under the foregoing authorization are hereby ratified and approved and neither the Collateral Agent nor any designee nor agent thereof shall be liable for any acts of commission or omission, for any error of judgment, for any mistake of fact or law except for acts of gross negligence or willful misconduct. (c) This power of attorney, being coupled with an interest, is irrevocable while this Agreement remains in effect. View More
Power of Attorney. (a) a. To effectuate the terms and provisions hereof, the Lenders Secured Parties hereby appoint the Collateral Agent as their attorney-in-fact (and the Collateral Agent hereby accepts such appointment) for the purpose of carrying out the provisions of this Pledge Agreement including, without limitation, executing any consent authorized pursuant to this Pledge Agreement and taking any action and executing any instrument that the Collateral Agent may deem necessary or advisable (and lawful) to ac...complish the purposes hereof. (b) b. All acts done under the foregoing authorization are hereby ratified and approved and neither the Collateral Agent nor any designee nor agent thereof shall be liable for any acts of commission or omission, for any error of judgment, for any mistake of fact or law except for acts of gross negligence or willful misconduct. (c) c. This power of attorney, being coupled with an interest, is irrevocable while this Agreement remains in effect. View More