Common use of Collection of Dividends and Interest Clause in Contracts

Collection of Dividends and Interest. During the term of this Agreement and so long as the Pledgor is not in default under the Note, the Pledgor is authorized to collect all dividends, distributions, interest payments, and other amounts that may be, or may become, due on any of the Collateral.

Appears in 5 contracts

Samples: Stock Pledge Agreement (Decor Products International, Inc.), Stock Pledge Agreement (Helix Wind, Corp.), Stock Pledge Agreement (National Storm Management Inc.)

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Collection of Dividends and Interest. During the term of this Agreement and so long as the Pledgor is Pledgors are not in default under the NoteNotes, the Pledgor is Pledgors are authorized to collect all dividends, distributions, interest payments, and other amounts that may be, or may become, due on any of the Collateral.

Appears in 3 contracts

Samples: Stock Pledge Agreement (Power 3 Medical Products Inc), Stock Pledge Agreement (Power 3 Medical Products Inc), Stock Pledge Agreement (Valcom, Inc)

Collection of Dividends and Interest. During the term of this Agreement and so long as the Pledgor is not in default under the Note, the Pledgor is authorized to collect all dividends, distributions, interest payments, and other amounts that may be, or may become, due on any of the Collateral.

Appears in 3 contracts

Samples: Stock Pledge Agreement (National Storm Management Inc.), Stock Pledge Agreement (Phantom Entertainment, Inc.), Stock Pledge Agreement (National Storm Management Inc.)

Collection of Dividends and Interest. During the term of this Agreement and so long as the Pledgor is not in default under the NoteNotes, the Pledgor is authorized to collect all dividends, distributions, interest payments, and other amounts that may be, or may become, due on any of the Collateral.

Appears in 2 contracts

Samples: Stock Pledge Agreement (Broadwebasia, Inc.), Stock Pledge Agreement (Power 3 Medical Products Inc)

Collection of Dividends and Interest. During the term of this Pledge Agreement and so long as the Debtor is not default under the Obligations and the Pledgor is not in default under the NoteGuarantee, the Pledgor is authorized to collect all dividends, distributions, interest payments, and other amounts that may be, or may become, due on any of the Share Collateral.

Appears in 2 contracts

Samples: Security Interest and Pledge Agreement, Pledge Agreement (Satellite Enterprises Corp)

Collection of Dividends and Interest. During the term of this Agreement and so long as the Pledgor is not in default under the NoteDebentures, the Pledgor is authorized to collect all dividends, distributions, interest payments, and other amounts that may be, or may become, due on any of the Collateral.

Appears in 2 contracts

Samples: Stock Pledge Agreement (Valcom, Inc), Stock Pledge Agreement (Power 3 Medical Products Inc)

Collection of Dividends and Interest. During the term of this Pledge Agreement and so long as the Debtor is not default under the Note and the Pledgor is not in default under the NoteGuarantee, the Pledgor is authorized to collect all dividends, distributions, interest payments, and other amounts that may be, or may become, due on any of the Collateral.

Appears in 2 contracts

Samples: Security Interest and Pledge Agreement (American United Global Inc), Security Interest and Pledge Agreement (American United Global Inc)

Collection of Dividends and Interest. During the term of this Agreement and so long as the Pledgor is not in default under the NoteDebenturess, the Pledgor is authorized to collect all dividends, distributions, interest payments, and other amounts that may be, or may become, due on any of the Collateral.

Appears in 1 contract

Samples: Stock Pledge Agreement (Power 3 Medical Products Inc)

Collection of Dividends and Interest. During the term of this Pledge Agreement and so long as the Pledgor Debtor is not in default under the NoteObligations, the Pledgor is authorized to collect all dividends, distributions, interest payments, and other amounts that may be, or may become, due on any of the Collateral.

Appears in 1 contract

Samples: Pledge Agreement (RCG Companies Inc)

Collection of Dividends and Interest. During the term of this Agreement and so long as the Pledgor is not in default under any of the NoteNotes, the Pledgor is authorized to collect all dividends, distributions, interest payments, and other amounts that may be, or may become, due on any of the Collateral.

Appears in 1 contract

Samples: Stock Pledge Agreement (Helix Wind, Corp.)

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Collection of Dividends and Interest. During the term of this Agreement and so long as the Pledgor is Pledgors are not in default under the Note, the Pledgor is Pledgors are authorized to collect all dividends, distributions, interest payments, and other amounts that may be, or may become, due on any of the Collateral.

Appears in 1 contract

Samples: Stock Pledge Agreement (CenterStaging Corp.)

Collection of Dividends and Interest. During the term of this Agreement and so long as the Pledgor is not in default under the 2006 Note, the Pledgor is authorized to collect all dividends, distributions, interest payments, and other amounts that may be, or may become, due on any of the Collateral.

Appears in 1 contract

Samples: Stock Pledge Agreement (National Storm Management Inc.)

Collection of Dividends and Interest. During the term of this Agreement and so long as the Company is not in default under any of the Secured Obligations and so long as Pledgor is not in default under the Notehereunder, the Pledgor is authorized to collect all dividends, distributions, interest payments, and other amounts that may be, or may become, due on any of the Collateral.

Appears in 1 contract

Samples: Stock Pledge Agreement (Intellect Capital Group LLC)

Collection of Dividends and Interest. During the term of this Stock Pledge Agreement and so long as the Pledgor is not in default under the Note, the Pledgor is authorized to collect all dividends, distributions, interest payments, and other amounts that may be, or may become, due on any of the Collateral.

Appears in 1 contract

Samples: Stock Pledge Agreement (Open Energy Corp)

Collection of Dividends and Interest. During the term of this Agreement and so long as the Pledgor is not in default under the Note, the Pledgor is authorized entitled to collect receive all dividends, distributions, interest payments, and other amounts that may be, or may become, due on any of the Collateral.

Appears in 1 contract

Samples: Stock Pledge Agreement (Hutech21 Co. Ltd.)

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