Common use of Dividends; Interest Clause in Contracts

Dividends; Interest. Unless an Event of Default has occurred and is continuing, the Borrower shall be entitled to receive any and all cash dividends, interest, principal payments and other forms of cash distribution on the Pledged Shares which it is otherwise entitled to receive, but any and all stock and/or liquidating dividends, distributions of property, returns of capital or other distributions made on or with respect to the Pledged Shares, whether resulting from a subdivision, combination or reclassification of the outstanding capital stock of any Pledged Issuer or received in exchange for the Pledged Shares or any part thereof or as a result of any amalgamation, merger, consolidation, acquisition or other exchange of property to which any Pledged Issuer may be a party or otherwise, and any and all cash and other property received in exchange for any Pledged Shares shall be and become part of the Collateral subject to the Security Interests and, if received by the Borrower, shall forthwith be delivered to the Administrative Agent or its nominee (accompanied, if appropriate, by proper instruments of assignment and/or stock powers of attorney executed by the Borrower in accordance with the Administrative Agent's instructions) to be held subject to the terms of this Agreement; and if any of the Pledged Security Certificates have been registered in the name of the Administrative Agent or its nominee, the Administrative Agent shall execute and deliver (or cause to be executed and delivered) to the Borrower all such dividend orders and other instruments as the Borrower may request for the purpose of enabling the Borrower to receive the dividends, distributions or other payments which the Borrower is authorized to receive and retain pursuant to this Section. If an Event of Default has occurred and is continuing, all rights of the Borrower pursuant to this Section shall cease and the Administrative Agent shall have the sole and exclusive right and authority to receive and retain the cash dividends, interest, principal payments and other forms of cash distribution which the Borrower would otherwise be authorized to retain pursuant to this Section. Any money and other property paid over to or received by the Administrative Agent pursuant to the provisions of this Section shall be retained by the Administrative Agent as additional Collateral hereunder and be applied in accordance with the provisions of this Agreement.

Dividends; Interest. Unless an Event of Default has occurred and is continuing, the Borrower shall Debtor will be entitled to receive any and all cash dividends, interest, principal payments and other forms of cash distribution on the Pledged Shares Securities or Pledged Security Entitlements Table of Contents which it is otherwise entitled to receive, but any and all stock and/or liquidating dividends, distributions of property, returns of capital or other distributions made on or with in respect to of the Pledged SharesSecurities or Pledged Security Entitlements, whether resulting from a subdivision, combination or reclassification of the outstanding capital stock of any Pledged Issuer or received in exchange for the Pledged Shares Securities, Pledged Security Entitlements or any part thereof or as a result of any amalgamation, merger, consolidation, acquisition or other exchange of property to which any Pledged Issuer may be a party or otherwise, and any and all cash and other property received in exchange for any Pledged Shares shall Securities or Pledged Security Entitlements will be and become part of the Collateral subject to the Security Interests and, if received by the BorrowerDebtor, shall will forthwith be delivered to the Administrative Agent Creditor or its nominee (accompanied, if appropriate, by proper instruments of assignment and/or stock powers of attorney executed by the Borrower Debtor in accordance with the Administrative Agent's Creditor’s instructions) to be held subject to the terms of this Agreement; and if any of the Pledged Security Certificates have been registered in the name of the Administrative Agent Creditor or its nominee, the Administrative Agent shall Creditor will execute and deliver (or cause to be executed and delivered) to the Borrower Debtor all such dividend orders and other instruments as the Borrower Debtor may request for the purpose of enabling the Borrower Debtor to receive the dividends, distributions or other payments which the Borrower Debtor is authorized to receive and retain pursuant to this Section. If an Event of Default has occurred and is continuing, all rights of the Borrower Debtor pursuant to this Section shall will cease and the Administrative Agent shall Creditor will have the sole and exclusive right and authority to receive and retain the cash dividends, interest, principal payments and other forms of cash distribution which the Borrower Debtor would otherwise be authorized to retain pursuant to this Section. Any money and other property paid over to or received by the Administrative Agent Creditor pursuant to the provisions of this Section shall will, if an Event of Default has occurred and is continuing, be retained by the Administrative Agent Creditor as additional Collateral hereunder and be applied in accordance with the provisions of this Agreement.

Dividends; Interest. Unless an Event of Default has occurred and is continuing, the Borrower each Debtor shall be entitled to receive any and all cash dividends, interest, principal payments and other forms of cash distribution on the Pledged Shares Equity Securities of such Debtor which it is otherwise entitled to receive, but any and all stock and/or liquidating dividends, distributions of property, returns of capital or other distributions made on or with respect to the Pledged SharesEquity Securities of such Debtor, whether resulting from a subdivision, combination or reclassification of the outstanding capital stock of any Pledged Issuer of such Debtor or received in exchange for the such Pledged Shares Equity Securities or any part thereof or as a result of any amalgamation, merger, consolidation, acquisition or other exchange of property to which any Pledged Issuer of such Debtor may be a party or otherwise, and any and all cash and other property received in exchange for any Pledged Shares Equity Securities of such Debtor shall be and become part of the Collateral of such Debtor subject to the Security Interests and, if received by the Borrowersuch Debtor, shall forthwith be delivered to the Administrative Agent Creditor or its nominee (accompanied, if appropriate, by proper instruments of assignment and/or stock powers of attorney executed by the Borrower such Debtor in accordance with the Administrative Agent's Creditor’s instructions) to be held subject to the terms of this Agreement; and if any of the Pledged Security Certificates have been registered in the name of the Administrative Agent Creditor or its nominee, the Administrative Agent Creditor shall execute and deliver (or cause to be executed and delivered) to the Borrower such Debtor all such dividend orders and other instruments as the Borrower such Debtor may request for the purpose of enabling the Borrower such Debtor to receive the dividends, distributions or other payments which the Borrower such Debtor is authorized to receive and retain pursuant to this Section. If an Event of Default has occurred and is continuing, all rights of the Borrower such Debtor pursuant to this Section shall cease and the Administrative Agent Creditor shall have the sole and exclusive right and authority to receive and retain the cash dividends, interest, principal payments and other forms of cash distribution which the Borrower such Debtor would otherwise be authorized to retain pursuant to this Section. Any money and other property paid over to or received by the Administrative Agent Creditor pursuant to the provisions of this Section shall be retained by the Administrative Agent Creditor as additional Collateral hereunder and be applied in accordance with the provisions of this Agreement.

Dividends; Interest. Unless an Event of Default has occurred and is continuing, the Borrower shall each Pledgor will be entitled to receive any and all cash dividends, interest, principal payments and other forms of cash distribution on the Pledged Shares Collateral of such Pledgor which it is otherwise entitled to receive, but any and all stock and/or liquidating dividends, distributions of property, returns of capital or other distributions made on or with in respect to of the Pledged SharesCollateral of such Pledgor, whether resulting from a subdivision, combination or reclassification of the outstanding capital stock of any Pledged Issuer or received in exchange for the Pledged Shares Collateral of such Pledgor or any part thereof or as a result of any amalgamation, merger, consolidation, acquisition or other exchange of property to which any Pledged Issuer may be a party or otherwise, and any and all cash and other property received in exchange for any Pledged Shares shall Collateral of such Pledgor, will be and become part of the Pledged Collateral of such Pledgor subject to the Security Interests Liens created by this Agreement and, if received by such Pledgor, unless otherwise applied by such Pledgor in a manner expressly permitted by the BorrowerCanadian DIP Collateral Agent, shall forthwith will immediately be delivered to the Administrative Canadian DIP Collateral Agent or its nominee (accompanied, if appropriate, by proper and duly executed instruments of assignment and/or stock powers of attorney executed by the Borrower or transfer in accordance with the Administrative Canadian DIP Collateral Agent's instructions) to be held subject to the terms of this Agreement; and if any of the Pledged Security Certificates have Collateral of any such Pledgor has been registered in the name of the Administrative Canadian DIP Collateral Agent or its nominee, the Administrative Canadian DIP Collateral Agent shall will execute and deliver (or cause to be executed and delivered) to the Borrower such Pledgor all such dividend orders and other instruments as the Borrower such Pledgor may request for the purpose of enabling the Borrower such Pledgor to receive the dividends, distributions dividends or other payments which the Borrower such Pledgor is authorized to receive and retain pursuant to this Section. If an Event of Default has occurred and is continuing, all rights of the Borrower pursuant to this Section shall cease and the Administrative Agent shall have the sole and exclusive right and authority to receive and retain the cash dividends, interest, principal payments and other forms of cash distribution which the Borrower would otherwise be authorized to retain pursuant to this Section. Any money and other property paid over to or received by the Administrative Agent pursuant to the provisions of this Section shall be retained by the Administrative Agent as additional Collateral hereunder and be applied in accordance with the provisions of this Agreement.to

Dividends; Interest. Unless an Event of Default has occurred and is continuing, the Borrower shall Debtor will be entitled to receive any and all cash dividends, interest, principal payments and other forms of cash distribution on the Pledged Shares Securities or Pledged Security Entitlements which it is otherwise entitled to receive, but any and all stock and/or liquidating dividends, distributions of property, returns of capital or other distributions made on or with in respect to of the Pledged SharesSecurities or Pledged Security Entitlements, whether resulting from a subdivision, combination or reclassification of the outstanding capital stock of any Pledged Issuer or received in exchange for the Pledged Shares Securities, Pledged Security Entitlements or any part thereof or as a result of any amalgamation, merger, consolidation, acquisition or other exchange of property to which any Pledged Issuer may be a party or otherwise, and any and all cash and other property received in exchange for any Pledged Shares shall Securities or Pledged Security Entitlements will be and become part of the Collateral subject to the Security Interests and, if received by the BorrowerDebtor, shall will forthwith be delivered to the Administrative Agent or its nominee (accompanied, if appropriate, by proper General Security Agreement instruments of assignment and/or stock powers of attorney executed by the Borrower Debtor in accordance with the Administrative Agent's ’s instructions) to be held subject to the terms of this Agreement; and if any of the Pledged Security Certificates have been registered in the name of the Administrative Agent or its nominee, the Administrative Agent shall will execute and deliver (or cause to be executed and delivered) to the Borrower Debtor all such dividend orders and other instruments as the Borrower Debtor may request for the purpose of enabling the Borrower Debtor to receive the dividends, distributions or other payments which the Borrower Debtor is authorized to receive and retain pursuant to this Section. If an Event of Default has occurred and is continuing, all rights of the Borrower Debtor pursuant to this Section shall will cease and the Administrative Agent shall will have the sole and exclusive right and authority to receive and retain the cash dividends, interest, principal payments and other forms of cash distribution which the Borrower Debtor would otherwise be authorized to retain pursuant to this Section. Any money and other property paid over to or received by the Administrative Agent pursuant to the provisions of this Section shall will be retained by the Administrative Agent as additional Collateral hereunder and be applied in accordance with the provisions of this Agreement.

Dividends; Interest. Unless an Event of Default has occurred and is continuing, the Borrower each Debtor shall be entitled to receive any and all cash dividends, interest, principal payments and other forms of cash distribution on the Pledged Shares of such Debtor which it is otherwise entitled to receive, but any and all stock and/or liquidating dividends, distributions of property, returns of capital or other distributions made on or with respect to the Pledged SharesShares of such Debtor, whether resulting from a subdivision, combination or reclassification of the outstanding capital stock of any Pledged Issuer of such Debtor or received in exchange for the such Pledged Shares or any part thereof or as a result of any amalgamation, merger, consolidation, acquisition or other exchange of property to which any Pledged Issuer of such Debtor may be a party or otherwise, and any and all cash and other property received in exchange for any Pledged Shares of such Debtor shall be and become part of the Collateral of such Debtor subject to the Security Interests and, if received by the Borrowersuch Debtor, shall forthwith be delivered to the Administrative Agent Creditor or its nominee (accompanied, if appropriate, by proper instruments of assignment and/or stock powers of attorney executed by the Borrower such Debtor in accordance with the Administrative Agent's Creditor’s instructions) to be held subject to the terms of this Agreement; and if any of the Pledged Security Certificates have been General Security Agreement registered in the name of the Administrative Agent Creditor or its nominee, the Administrative Agent Creditor shall execute and deliver (or cause to be executed and delivered) to the Borrower such Debtor all such dividend orders and other instruments as the Borrower such Debtor may request for the purpose of enabling the Borrower such Debtor to receive the dividends, distributions or other payments which the Borrower such Debtor is authorized to receive and retain pursuant to this Section. If an Event of Default has occurred and is continuing, all rights of the Borrower such Debtor pursuant to this Section shall cease and the Administrative Agent Creditor shall have the sole and exclusive right and authority to receive and retain the cash dividends, interest, principal payments and other forms of cash distribution which the Borrower such Debtor would otherwise be authorized to retain pursuant to this Section. Any money and other property paid over to or received by the Administrative Agent Creditor pursuant to the provisions of this Section shall be retained by the Administrative Agent Creditor as additional Collateral hereunder and be applied in accordance with the provisions of this Agreement.

Dividends; Interest. Unless an Event of Default has occurred and is continuing, the Borrower Pledgor shall be entitled to receive any and all cash dividends, interest, principal payments and other forms of cash distribution on the Pledged Shares which it is otherwise entitled to receive, but any and all stock and/or liquidating dividends, distributions of property, returns of capital or other distributions made on or with respect to the Pledged Shares, whether resulting from a subdivision, combination or reclassification of the outstanding capital stock of any Pledged Issuer or received in exchange for the Pledged Shares or any part thereof or as a result of any amalgamation, merger, consolidation, acquisition or other exchange of property to which any Pledged Issuer may be a party or otherwise, and any and all cash and other property received in exchange for any Pledged Shares shall be and become part of the Collateral subject to the Security Interests and, if received by the BorrowerPledgor, shall forthwith be delivered to the Administrative Agent Creditor or its nominee (accompanied, if appropriate, by proper instruments of assignment and/or stock powers of attorney executed by the Borrower Pledgor in accordance with the Administrative Agent's Creditor’s instructions) to be held subject to the terms of this Agreement; and if any of the Pledged Security Certificates Shares have been registered in the name of the Administrative Agent Creditor or its nominee, the Administrative Agent Creditor shall execute and deliver (or cause to be executed and delivered) to the Borrower Pledgor all such dividend orders and other instruments as the Borrower Pledgor may request for the purpose of enabling the Borrower Pledgor to receive the dividends, distributions or other payments which the Borrower Pledgor is authorized to receive and retain pursuant to this Section. If an Event of Default has occurred and is continuing, all rights of the Borrower Pledgor pursuant to this Section shall cease and the Administrative Agent Creditor shall have the sole and exclusive right and authority to receive and retain the cash dividends, interest, principal payments and other forms of cash distribution which the Borrower Pledgor would otherwise be authorized to retain pursuant to this Section. Any money and other property paid over to or received by the Administrative Agent Creditor pursuant to the provisions of this Section shall be retained by the Administrative Agent Creditor as additional Collateral hereunder and be applied in accordance with the provisions of this Agreement.

Dividends; Interest. Unless an Event of Default has occurred and is continuing, the Borrower shall each Debtor will be entitled to receive any and all cash dividends, interest, principal payments and other forms of cash distribution on the Pledged Shares Securities or Pledged Security Entitlements of such Debtor which it is otherwise entitled to receive, but any and all stock and/or liquidating dividends, distributions of property, returns of capital dividends or other non-cash distributions made on or with in respect to of the Pledged SharesSecurities or Pledged Security Entitlements of such Debtor, whether resulting from a subdivision, combination or reclassification of the outstanding capital stock of any Pledged Issuer of such Debtor or received in exchange for the such Pledged Shares Securities, Pledged Security Entitlements or any part thereof or as a result of any amalgamation, merger, consolidation, acquisition or other exchange of property to which any Pledged Issuer of such Debtor may be a party or otherwise, and any and all cash stock dividends and other property non-cash distributions received in exchange for any Pledged Shares shall Securities or Pledged Security Entitlements will be and become part of the Collateral of such Debtor subject to the Security Interests and, if received by the Borrowersuch Debtor, shall except with respect to any ULC Shares will forthwith be delivered to the Administrative Canadian Collateral Agent or its nominee (accompanied, if appropriate, by proper instruments of assignment and/or stock powers of attorney executed by the Borrower such Debtor in accordance with the Administrative Canadian Collateral Agent's ’s instructions) to be held subject to the terms of this Agreement; and if any of the Pledged Security Certificates have been registered in the name of the Administrative Canadian Collateral Agent or its nominee, the Administrative Canadian Collateral Agent shall will execute and deliver (or cause to be executed and delivered) to the Borrower such Debtor all such dividend orders and other instruments as the Borrower such Debtor may request for the purpose of enabling the Borrower such Debtor to receive the dividends, distributions or other payments which the Borrower such Debtor is authorized to receive and retain pursuant to this Section. If Subject to Section 14 hereof, if an Event of Default has occurred and is continuing, all rights of the Borrower such Debtor pursuant to this Section shall will cease and the Administrative Canadian Collateral Agent shall will have the sole and exclusive right and authority to receive and retain the cash dividends, interest, principal payments and other forms of cash distribution which the Borrower such Debtor would otherwise be authorized to retain pursuant to this Section. Any money and other property paid over to or received by the Administrative Canadian Collateral Agent pursuant to the provisions of this Section shall will be retained by the Administrative Canadian Collateral Agent as additional Collateral hereunder and be applied in accordance with the provisions of this Agreement.

Dividends; Interest. Unless an Event of Default has occurred and is continuing, the Borrower shall Debtor will be entitled to receive any and all cash dividends, interest, principal payments and other forms of cash distribution on the Pledged Shares Securities or Pledge Security Entitlements which it is otherwise entitled to receive, but any and all stock and/or liquidating dividends, distributions of property, returns of capital or other distributions made on or with in respect to of the Pledged SharesSecurities or Pledged Security Entitlements, whether resulting from a subdivision, combination or reclassification of the outstanding capital stock of any Pledged Issuer or received in exchange for the Pledged Shares Securities, Pledged Security Entitlements or any part thereof or as a result of any amalgamation, merger, consolidation, acquisition or other exchange of property to which any Pledged Issuer may be a party or otherwise, and any and all cash and other property received in exchange for any Pledged Shares shall Securities or Pledged Security Entitlements will be and become part of the Collateral subject to the Security Interests Interest and, if received by the BorrowerDebtor, shall will forthwith be delivered to the Administrative Agent Creditor or its nominee (accompanied, if appropriate, by proper instruments of assignment and/or stock powers of attorney executed by the Borrower Debtor in accordance with the Administrative Agent's Creditor’s instructions) to be held subject to the terms of this Agreement; and if any of the Pledged Security Certificates have been registered in the name of the Administrative Agent Creditor or its nominee, the Administrative Agent shall Creditor will execute and deliver (or cause to be executed and delivered) to the Borrower Debtor all such dividend orders and other instruments as the Borrower Debtor may request for the purpose of enabling the Borrower Debtor to receive the dividends, distributions dividends or other payments which the Borrower Debtor is authorized to receive and retain pursuant to this Section. If an Event of Default has occurred and is continuing, all rights of the Borrower Debtor pursuant to this Section shall will cease and the Administrative Agent shall Creditor will have the sole and exclusive right and authority to receive and retain the cash dividends, interest, principal payments and other forms of cash distribution which the Borrower Debtor would otherwise be authorized to retain pursuant to this Section. Any money and other property paid over to or received by the Administrative Agent Creditor pursuant to the provisions of this Section shall will be retained by the Administrative Agent Creditor as additional Collateral hereunder and be applied in accordance with the provisions of this Agreement.

Dividends; Interest. Unless an Event of Default has occurred and is continuing, the Borrower each Debtor shall be entitled to receive any and all cash dividends, interest, principal payments and other forms of cash distribution on the Pledged Shares of such Debtor which it is otherwise entitled to receive, but any and all stock and/or liquidating dividends, distributions of property, returns of capital or other distributions made on or with respect to the Pledged SharesShares of such Debtor, whether resulting from a subdivision, combination or reclassification of the outstanding capital stock of any Pledged Issuer of such Debtor or received in exchange for the Pledged Shares of such Debtor or any part thereof or as a result of any amalgamation, merger, consolidation, acquisition or other exchange of property to which any Pledged Issuer of such Debtor may be a party or otherwise, and any and all cash and other property received in exchange for any Pledged Shares of such Debtor shall be and become part of the Collateral of such Debtor subject to the Security Interests and, if received by the Borrowersuch Debtor, shall forthwith be delivered to the Administrative Agent Creditor or its nominee (accompanied, if appropriate, by proper instruments of assignment and/or stock powers of attorney executed by the Borrower such Debtor in accordance with the Administrative Agent's Creditor’s instructions) to be held subject to the terms of this Agreement; and if any of the Pledged Security Certificates have been registered in the name of the Administrative Agent Creditor or its nominee, the Administrative Agent Creditor shall execute and deliver (or cause to be executed and delivered) to the Borrower such Debtor all such dividend orders and other instruments as the Borrower such Debtor may request for the purpose of enabling the Borrower such Debtor to receive the dividends, distributions or other payments which the Borrower such Debtor is authorized to receive and retain pursuant to this Section. If an Event of Default has occurred and is continuing, all rights of the Borrower such Debtor pursuant to this Section shall cease and the Administrative Agent Creditor shall have the sole and exclusive right and authority to receive and retain the cash dividends, interest, principal payments and other forms of cash distribution which the Borrower such Debtor would otherwise be authorized to retain pursuant to this Section. Any money and other property paid over to or received by the Administrative Agent Creditor pursuant to the provisions of this Section shall be retained by the Administrative Agent Creditor as additional Collateral hereunder and be applied in accordance with the provisions of this Agreement.