Template:ISDA English Law Credit Support Deed 2018 8(a)(iii)

(iii) Power of Attorney. The Chargor, by way of security and solely for the purpose of more fully securing the performance of the Obligations, irrevocably appoints the Secured Party the attorney of the Chargor on its behalf and in the name of the Chargor or the Secured Party (as the attorney may decide) to do all acts, and execute all documents which the Chargor could itself execute, in relation to any of the Posted Credit Support (IM) or in connection with any of the matters provided for in this Deed, including (but without limitation):

(A) to execute any transfer, bill of sale or other assurance in respect of the Posted Credit Support (IM);

(B) to exercise all the rights and powers of the Chargor in respect of the Posted Credit Support (IM);

(C) to ask, require, demand, receive, compound and give a good discharge for any and all moneys and claims for moneys due and to become due under or arising out of any of the Posted Credit Support (IM);

(D) to endorse any cheques or other instruments or orders in connection with any of the Posted Credit Support (IM); and

(E) to make any claims or to take any action or to institute any proceedings which the Secured Party considers to be necessary or advisable to protect or enforce the security interest created by this Deed.