Common use of Certain Rights Respecting Pledged Shares Clause in Contracts

Certain Rights Respecting Pledged Shares. (a) The Pledgor shall continue to be the owner of the Pledged Shares so long as no Event of Default (as defined below) under Secured Obligations or this Agreement has occurred and is continuing and may collect and retain all distributions now or hereafter payable on or on account of the Pledged Shares, and, so long as no Event of Default has occurred may exercise their voting rights with respect to the Pledged Shares.

Appears in 2 contracts

Samples: Stock Pledge Agreement (SITEL Worldwide Corp), Agreement (SITEL Worldwide Corp)

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Certain Rights Respecting Pledged Shares. (a) The Pledgor shall continue to be the owner owners of the Pledged Shares so long as no Event of Default (as defined below) under the Secured Obligations or this Agreement has occurred and is continuing and may collect and retain all distributions now or hereafter payable on or on account of the Pledged Shares, and, so long as no Event of Default has occurred may exercise their voting rights with respect to the Pledged Shares.

Appears in 2 contracts

Samples: Stock Pledge Agreement (Almost Family Inc), Asset Purchase Agreement (Almost Family Inc)

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Certain Rights Respecting Pledged Shares. (a) The Pledgor shall continue to be the owner of the Pledged Shares so long as no Event of Default (as defined below) under Secured Obligations or this Agreement has occurred and is continuing and may collect and retain all distributions now or hereafter payable on or on account of the Pledged Shares, and, so long as no Event of Default has occurred may exercise their voting rights with respect to the Pledged Shares.

Appears in 1 contract

Samples: Stock Pledge Agreement (Almost Family Inc)

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