Common use of Dividends on Pledged Shares Clause in Contracts

Dividends on Pledged Shares. In the event that any --------------------------- Dividend is to be paid on any Pledged Share, such Dividend shall be paid directly to the Pledgor.

Appears in 3 contracts

Samples: Stock Pledge Agreement (MCG Capital Corp), Stock Pledge Agreement (MCG Capital Corp), Stock Pledge Agreement (MCG Capital Corp)

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Dividends on Pledged Shares. In the event that any --------------------------- Dividend is to be paid on any Pledged Share, such Dividend shall be paid directly to the PledgorPledgor to repay amounts outstanding under the Note pursuant to Section 1 thereof.

Appears in 1 contract

Samples: Pledge Agreement (Medis Technologies LTD)

Dividends on Pledged Shares. In the event that any --------------------------- ---------------------------- Dividend is to be paid on any Pledged Share, such Dividend shall be paid directly to the Pledgor.

Appears in 1 contract

Samples: Form of Stock Pledge Agreement (MCG Capital Corp)

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Dividends on Pledged Shares. In the event that any --------------------------- Dividend is to be paid on any Pledged Share, such Dividend shall be paid directly to the PledgorPledgor to repay amounts outstanding under the Note pursuant to Section 1 thereof.

Appears in 1 contract

Samples: Pledge Agreement (MCG Capital Corp)

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