Dividends and Other Income. All cash and non-cash distributions and dividends related to the Pledged Securities shall be delivered to the Escrow Agent. Upon the occurrence of an Event of Default, the Pledgee shall be entitled to receive dividends and other distributions (cash or non-cash) related to the Pledged Securities. 5.
Appears in 2 contracts
Samples: Pledge and Escrow Agreement (Carbonics Capital Corp), Pledge and Escrow Agreement (Carbonics Capital Corp)
Dividends and Other Income. All cash and non-cash distributions and dividends related to the Pledged Securities shall be delivered to the Escrow Agent. Upon the occurrence of an Event of Default, the Pledgee shall be entitled to receive dividends and other distributions (cash or non-cash) related to the Pledged Securities. 5.
Appears in 2 contracts
Samples: Pledge and Escrow Agreement (Carbonics Capital Corp), Pledge and Escrow Agreement (Carbonics Capital Corp)
