Example ContractsClausesattorney costsVariants
Remove:

Powers of Attorney. Without limiting the generality of the foregoing, the Master Servicer is hereby authorized and empowered to execute and deliver on behalf of itself and the Participant, all agreements and instruments as may be necessary or desirable in connection with the performance of its rights and obligations pursuant to this [Section 3.01]. If reasonably required by the Master Servicer, the Participant shall furnish the Master Servicer with any powers of attorney and other documents necessary or appropriate to enable the Master Servicer to carry out its servicing and administrative duties under this Master Agreement, the Credit Documents and the other documentation pertaining to the Participation Interests.

Powers of Attorney. Without limiting the generality of the foregoing, theThe Master Servicer is hereby authorizedhas the requisite power and empoweredauthority to execute and deliver this Master Agreement, to service and administer all the Participation Interests identified on behalf of itself and the Participant, all agreements and instruments as may be necessary or desirableeach applicable Participation Agreement in connectionaccordance with the performanceterms of this Master Agreement, and to take all other actions and execute and deliver all other documents which are requisite or pertinent to the transactions described in this Master Agreement. The persons signing such documents and taking such actions on its rightsbehalf have been duly authorized to do so and obligations pursuant to this [Section 3.01]. If reasonably required by the Master Servicer, the Participant shall furnishsuch documents and actions are valid, legally binding and enforceable against the Master Servicer in accordance with any powers of attorneytheir respective terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium and other documents necessarylaws affecting the enforcement of creditors’ rights and to general principles of equity (regardless of whether such enforcement is considered in a proceeding in equity or appropriate to enable the Master Servicer to carry out its servicing and administrative duties under this Master Agreement, the Credit Documents and the other documentation pertaining to the Participation Interests.at law).

Section # Powers of Attorney. Without limiting the generality of the foregoing, the MasterLoan Participation Servicer is hereby authorized and empowered to execute and deliver on behalf of itself and the Participant,Loan Participation Holder all agreements and instruments as may be necessary or desirable in connection with the performance of its rights and obligations pursuant to this [Section 3.01].Servicing Agreement. If reasonably required by the MasterLoan Participation Servicer, the ParticipantLoan Participation Holder shall furnish the MasterLoan Participation Servicer with any powers of attorney and other documents necessary or appropriate to enable the MasterLoan Participation Servicer to carry out its servicing and administrative duties under this MasterServicing Agreement, the Credit DocumentsParticipation Agreement, and theany other documentation pertaining to the Participation Interests.Loan Participations and the Participated Loans.

Select clause to view document information.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.