Common use of Cash Dividends; Voting Rights Clause in Contracts

Cash Dividends; Voting Rights. (a) Unless an Event of Default shall have occurred and be continuing, Pledgor shall be permitted to exercise all voting rights with respect to the Pledged Interests, PROVIDED, HOWEVER, that no vote shall be cast or other action taken which would result in a material violation of any provision of this Pledge Agreement or the Mortgage Loan Documents.

Appears in 8 contracts

Samples: Pledge and Security Agreement (Mack Cali Realty Corp), Pledge and Security Agreement (Mack Cali Realty L P), Pledge and Security Agreement (Mack Cali Realty L P)

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