Collection of Dividends and Interest. During the term of this Agreement the Secured Party is authorized to collect as additional Collateral all dividends, distributions, interest payments, and other amounts that may be, or may become, due on any of the Collateral, to be held under the terms hereof in the same manner as the Collateral.
Appears in 2 contracts
Samples: Stock Pledge Agreement (Hydrocarb Energy Corp), Stock Pledge Agreement (Hydrocarb Energy Corp)
Collection of Dividends and Interest. During the term of this Agreement Agreement, the Secured Party is authorized to collect as additional Collateral all dividends, distributions, interest payments, and other amounts that may be, or may become, due on any of the Collateral, . Such amounts collected shall be applied to be held under the terms hereof in the same manner as the CollateralSecured Obligation.
Appears in 2 contracts
Samples: Stock Pledge Agreement (Crown Energy Corp), Stock Pledge Agreement (Crown Energy Corp)
