Common use of Dividend and Distribution Rights in Respect of Subsidiary Shares Clause in Contracts

Dividend and Distribution Rights in Respect of Subsidiary Shares. Upon the occurrence and during the continuation of an Event of Default and following written notice by Agent to Borrowing Agent:

Appears in 10 contracts

Samples: Credit and Security Agreement (Emerge Energy Services LP), Credit and Security Agreement (Emerge Energy Services LP), Credit and Security Agreement (Emerge Energy Services LP)

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Dividend and Distribution Rights in Respect of Subsidiary Shares. Upon the occurrence and during the continuation of an Event of Default Default, subject to any applicable order of the Bankruptcy Court, and following written notice by Agent to Borrowing Agent:

Appears in 1 contract

Samples: Security Agreement (Emerge Energy Services LP)

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