Common use of Dividend and Distribution Rights in Respect of the Pledged Collateral Clause in Contracts

Dividend and Distribution Rights in Respect of the Pledged Collateral. (i) So long as no Event of Default shall have occurred and be continuing, each Pledgor may receive and retain any and all dividends (other than dividends payable in the form of Capital Stock and other dividends constituting Pledged Collateral which are required to be delivered to the Administrative Agent pursuant to Section 4 above), distributions or interest paid in respect of the Pledged Collateral to the extent they are allowed under the Credit Agreement.

Appears in 7 contracts

Samples: Agency Succession and Amendment Agreement (GateHouse Media, Inc.), Pledge Agreement (Lionbridge Technologies Inc /De/), Pledge Agreement (GateHouse Media, Inc.)

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Dividend and Distribution Rights in Respect of the Pledged Collateral. (iiii) So long as no Event of Default shall have occurred and be continuingcontinuing and subject to Section 4(b) hereof, each Pledgor may receive and retain any and all dividends (other than stock dividends payable in the form of Capital Stock and other dividends constituting Pledged Collateral which are required to be delivered to the Administrative Agent pursuant to Section 4 aboveaddressed hereinabove), distributions or interest paid in respect of the Pledged Collateral to the extent they are allowed under the Credit Agreement.

Appears in 4 contracts

Samples: Security Agreement (Ryman Hospitality Properties, Inc.), Security Agreement (Ryman Hospitality Properties, Inc.), Credit Agreement (Ryman Hospitality Properties, Inc.)

Dividend and Distribution Rights in Respect of the Pledged Collateral. (i) So long as no Event of Default shall have occurred and be continuing, each Pledgor may receive and retain any and all dividends (other than dividends payable in the form of Capital Stock Equity Interests and other dividends constituting Pledged Collateral which are required to be delivered to the Administrative Agent pursuant to Section 4 above), distributions or interest paid in respect of the Pledged Collateral to the extent they are allowed under the Credit Agreement.

Appears in 3 contracts

Samples: Pledge Agreement (New Media Investment Group Inc.), Pledge Agreement (Carrols Restaurant Group, Inc.), S. Pledge Agreement (VOXX International Corp)

Dividend and Distribution Rights in Respect of the Pledged Collateral. (i) So long as no Event of Default shall have occurred and be continuingcontinuing and subject to Section 4(b) hereof, each until receipt by a Pledgor of written notice from the Administrative Agent, such Pledgor may receive and retain any and all dividends (other than stock dividends payable in the form of Capital Stock and other dividends constituting Pledged Collateral which are required to be delivered to the Administrative Agent pursuant to Section 4 aboveaddressed hereinabove), distributions or interest paid in respect of the Pledged Collateral to the extent they are allowed under the Credit Agreement.

Appears in 3 contracts

Samples: Pledge Agreement (Government Properties Income Trust), Pledge Agreement (Government Properties Income Trust), Pledge Agreement (Trustreet Properties Inc)

Dividend and Distribution Rights in Respect of the Pledged Collateral. (i) So long as no Default or Event of Default shall have has occurred and be is continuing, each Pledgor may receive and retain any and all dividends (other than dividends payable in the form of Capital Stock and other dividends constituting Pledged Collateral which are required to be delivered to the Administrative Collateral Agent or Collateral Custodian, as applicable, pursuant to Section 4 above), distributions or interest paid in respect of the Pledged Collateral to the extent they are allowed under the Credit AgreementAgreement and the Indenture.

Appears in 2 contracts

Samples: Amended Pledge Agreement (Capitalsource Inc), Amended Pledge Agreement (Capitalsource Inc)

Dividend and Distribution Rights in Respect of the Pledged Collateral. (i) So long as no Event of Default shall have occurred and be continuing, each Pledgor may receive and retain any and all dividends (other than dividends payable in the form of Capital Stock and other dividends constituting Pledged Collateral which are required to be delivered to the Administrative Collateral Agent pursuant to Section 4 above), distributions or interest paid in respect of the Pledged Collateral to the extent they are allowed under the Credit AgreementIndenture.

Appears in 2 contracts

Samples: Pledge Agreement (Transmeridian Exploration Inc), Pledge Agreement (Transmeridian Exploration Inc)

Dividend and Distribution Rights in Respect of the Pledged Collateral. (i) So long as no Event of Default shall have occurred and be continuingcontinuing and subject to Section 4(b) hereof, each Pledgor may receive and retain any and all dividends (other than stock or ownership interest dividends payable in the form of Capital Stock and other dividends constituting Pledged Collateral which are required to be delivered to the Administrative Agent pursuant to Section 4 aboveaddressed hereinabove), distributions or interest paid in respect of the Pledged Collateral to the extent they are allowed under the Credit Loan Agreement.

Appears in 2 contracts

Samples: Pledge Agreement (Argyle Security, Inc.), Pledge Agreement (Argyle Security, Inc.)

Dividend and Distribution Rights in Respect of the Pledged Collateral. (i) So long as no Event of Default shall have occurred and be continuingcontinuing and subject to Section 4(b) hereof, each Pledgor may receive and retain any and all dividends (other than stock or ownership interest dividends payable in the form of Capital Stock and other dividends constituting Pledged Collateral which are required to be delivered to the Administrative Agent pursuant to Section 4 aboveaddressed hereinabove), distributions or interest paid in respect of the Pledged Collateral to the extent they are allowed under the Credit Loan Agreement.

Appears in 2 contracts

Samples: Pledge Agreement (Argyle Security, Inc.), Pledge Agreement (Argyle Security, Inc.)

Dividend and Distribution Rights in Respect of the Pledged Collateral. (i) So long as Provided that no Event of Default shall will have occurred and be continuing, each and subject to Section 4(b) hereof, the Pledgor may receive and retain any and all dividends (other than share or ownership interest dividends payable in the form of Capital Stock and other dividends constituting Pledged Collateral which are required to be delivered to the Administrative Agent pursuant to Section 4 aboveaddressed hereinabove), distributions or interest paid in respect of the Pledged Collateral to the extent they are allowed under the Credit AgreementCollateral.

Appears in 2 contracts

Samples: Share Pledge Agreement (Vista Gold Corp), Share Pledge Agreement (Vista Gold Corp)

Dividend and Distribution Rights in Respect of the Pledged Collateral. (i) So long as no Event of Default shall have occurred and be continuing, each Pledgor may receive and retain any and all dividends (other than dividends payable in the form of Capital Stock and other dividends constituting Pledged Collateral which are required to be delivered to the Administrative Collateral Agent pursuant to Section 4 above), distributions or interest paid in respect of the Pledged Collateral to the extent they are allowed under the Credit AgreementIndentures.

Appears in 2 contracts

Samples: Pledge Agreement (Transmeridian Exploration Inc), Pledge Agreement (Transmeridian Exploration Inc)

Dividend and Distribution Rights in Respect of the Pledged Collateral. (i) So long as no Event of Default shall have occurred and be continuing, each Pledgor may receive and retain any and all dividends (other than dividends payable in the form of Capital Stock Equity Interest and other dividends constituting Pledged Collateral which are required to be delivered to the Administrative Agent pursuant to Section 4 above), distributions or interest paid in respect of the Pledged Collateral to the extent they are allowed under the Credit Agreement.

Appears in 1 contract

Samples: Credit Party Pledge Agreement (Riviera Holdings Corp)

Dividend and Distribution Rights in Respect of the Pledged Collateral. (i) So long as no Event of Default shall have occurred and be continuing, each Pledgor may receive and retain any and all dividends (other than dividends payable in the form of Capital Stock and other dividends constituting Pledged Collateral which are required to be delivered to the Administrative Collateral Agent pursuant to Section 4 3 above), distributions or interest paid in respect of the Pledged Collateral to the extent they are allowed under the Credit Agreement.

Appears in 1 contract

Samples: Security Agreement (Rock-Tenn CO)

Dividend and Distribution Rights in Respect of the Pledged Collateral. (i) So long as no Event of Default shall have occurred and be continuingcontinuing and subject to Section 4(b) hereof, each Pledgor may receive and retain any and all dividends (other than stock dividends payable in the form of Capital Stock and other dividends constituting Pledged Collateral which are required to be delivered to the Administrative Agent pursuant to Section 4 aboveaddressed hereinabove), distributions or interest paid in respect of the Pledged Collateral to the extent they are allowed under the Credit AgreementSubject Documents.

Appears in 1 contract

Samples: Pledge Agreement (U S Restaurant Properties Inc)

Dividend and Distribution Rights in Respect of the Pledged Collateral. (i) So long as no Event of Default shall have occurred and be continuing, each Pledgor may receive and retain any and all dividends (other than dividends payable in the form of Capital Stock and other dividends constituting Pledged Collateral which are required to be delivered to the Administrative Collateral Agent pursuant to Section 4 above), distributions or interest paid in respect of the Pledged Collateral to the extent they are allowed under the Credit AgreementIndenture.

Appears in 1 contract

Samples: Pledge Agreement (Unifi Inc)

Dividend and Distribution Rights in Respect of the Pledged Collateral. (i) So long as no Event of Default shall have occurred and be continuingcontinuing and subject to Section 4(b) hereof, each Pledgor may receive and retain any and all dividends (other than stock dividends payable in the form of Capital Stock and other dividends constituting Pledged Collateral which are required to be delivered to the Administrative Agent pursuant to Section 4 aboveaddressed hereinabove), distributions or interest paid in respect of the Pledged Collateral to the extent they are allowed under the Credit Agreement.

Appears in 1 contract

Samples: Pledge Agreement (U S Restaurant Properties Inc)

Dividend and Distribution Rights in Respect of the Pledged Collateral. (i) So long as no Event of Default shall have occurred and be continuing, each Pledgor may receive and retain any and all dividends (other than dividends payable in the form of Capital Stock and other dividends constituting Pledged Collateral which are required to be delivered to the Administrative Collateral Agent pursuant to Section 4 aboveof this Pledge Agreement), distributions or interest paid in respect of the Pledged Collateral to the extent they are allowed under the Credit Note Purchase Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Applied Digital Solutions Inc)

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Dividend and Distribution Rights in Respect of the Pledged Collateral. (i) So long as no Event of Default shall have occurred and be continuingcontinuing and subject to Section 4(b) hereof, each the Pledgor may receive and retain any and all dividends (other than stock or ownership interest dividends payable in the form of Capital Stock and other dividends constituting Pledged Collateral which are required to be delivered to the Administrative Agent pursuant to Section 4 aboveaddressed hereinabove), distributions or interest paid in respect of the Pledged Collateral to the extent they are allowed under the Credit Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Nacco Industries Inc)

Dividend and Distribution Rights in Respect of the Pledged Collateral. (i) So long as no Event of Default shall have occurred and be continuingcontinuing and subject to Section 4(b) hereof, each Pledgor may receive and retain any and all dividends (other than stock dividends payable in the form of Capital Stock and other dividends constituting Pledged Collateral which are required to be delivered to the Administrative Agent pursuant to Section 4 aboveaddressed hereinabove), distributions or interest paid in respect of the Pledged Collateral to the extent they are allowed not prohibited under the Credit AgreementIndenture.

Appears in 1 contract

Samples: Pledge Agreement (Usc May Verpackungen Holding Inc)

Dividend and Distribution Rights in Respect of the Pledged Collateral. (iA) So long as no Event of Default shall have occurred and be continuingcontinuing and subject to Section 4(b) hereof, each until receipt by a Pledgor of written notice from the Administrative Agent, such Pledgor may receive and retain any and all dividends (other than stock dividends payable in the form of Capital Stock and other dividends constituting Pledged Collateral which are required to be delivered to the Administrative Agent pursuant to Section 4 aboveaddressed hereinabove), distributions or interest paid in respect of the Pledged Collateral to the extent they are allowed under the Credit Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Government Properties Income Trust)

Dividend and Distribution Rights in Respect of the Pledged Collateral. (i) So long as no Event of Default shall have occurred and be continuingoccurred, each the Pledgor may receive and retain any and all dividends (other than dividends payable in the form of Capital Stock Equity Interests and other dividends constituting Pledged Collateral which that are required to be delivered to the Administrative Agent Purchaser pursuant to Section 4 Article II above), distributions or interest paid in respect of the Pledged Collateral to the extent they are allowed under the Credit Repurchase Agreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (Municipal Mortgage & Equity LLC)

Dividend and Distribution Rights in Respect of the Pledged Collateral. (i) So long as no Default or Event of Default shall have has occurred and be is continuing, each Pledgor may receive and retain any and all dividends (other than dividends payable in the form of Capital Stock and other dividends constituting Pledged Collateral which are required to be delivered to the Administrative Agent or Collateral Custodian, as applicable, pursuant to Section 4 above), distributions or interest paid in respect of the Pledged Collateral to the extent they are allowed under the Credit Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Capitalsource Inc)

Dividend and Distribution Rights in Respect of the Pledged Collateral. (i) So long as no Event of Default shall have occurred and be continuing, each the Pledgor may receive and retain any and all dividends (other than dividends payable in the form of Capital Stock capital stock and other dividends constituting Pledged Collateral which are required to be delivered to the Administrative Agent pursuant to Section 4 above), distributions or interest paid in respect of the Pledged Collateral to the extent they are allowed under the Subordinated Credit Agreement.

Appears in 1 contract

Samples: Secured Guaranty Pledge Agreement (Wells Timberland REIT, Inc.)

Dividend and Distribution Rights in Respect of the Pledged Collateral. (i) So long as no Event of Default shall have occurred and be continuing, each the Pledgor may receive and retain any and all dividends (other than dividends payable in the form of Capital Stock Equity Interests and other dividends constituting Pledged Collateral which are required to be delivered to the Administrative Agent pursuant to Section 4 above), distributions or interest paid in respect of the Pledged Collateral to the extent they are allowed under the Credit Agreement.

Appears in 1 contract

Samples: Holdings Pledge Agreement (Carrols Restaurant Group, Inc.)

Dividend and Distribution Rights in Respect of the Pledged Collateral. (i) So long as no Event of Default shall have occurred and be continuing, each the Pledgor may receive and retain any and all dividends (other than dividends payable in the form of Capital Stock Equity Interest and other dividends constituting Pledged Collateral which are required to be delivered to the Administrative Agent pursuant to Section 4 above), distributions or interest paid in respect of the Pledged Collateral to the extent they are allowed under the Credit Agreement.

Appears in 1 contract

Samples: Gaming Pledge Agreement (Riviera Holdings Corp)

Dividend and Distribution Rights in Respect of the Pledged Collateral. (i) So long as no Event of Default shall have occurred and be continuing, each the Pledgor may receive and retain any and all dividends (other than dividends payable in the form of Capital Stock and other dividends constituting Pledged Collateral which are required to be delivered to the Administrative Agent pursuant to Section 4 above), distributions or interest paid in respect of the Pledged Collateral to the extent they are allowed under the Credit Agreement.

Appears in 1 contract

Samples: Pledge Agreement (GateHouse Media, Inc.)

Dividend and Distribution Rights in Respect of the Pledged Collateral. (i) So long as no Event of Default shall have occurred and be continuing, each Pledgor may receive and retain any and all dividends (other than dividends payable in the form of Capital Stock and other dividends constituting Pledged Collateral which are required to be delivered to the Administrative Agent pursuant to Section 4 above), distributions or interest paid in respect of the Pledged Collateral to the extent they are allowed under the Credit Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Unifi Inc)

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