Common use of DIVIDENDS; VOTING Clause in Contracts

DIVIDENDS; VOTING. All dividends hereinafter declared on or payable with respect to any Collateral during the term of this Pledge Agreement (excluding only ordinary cash dividends, which will be payable to Pledgor so long as no Event of Default has occurred under the Note) (the "DIVIDENDS") will be immediately delivered to the Company to be held in pledge under this Pledge Agreement. Notwithstanding this Pledge Agreement, so long as Pledgor owns the Shares and no Event of Default has occurred under the Note, Pledgor will be entitled to vote any shares comprising the Collateral, subject to any proxies granted by Pledgor.

Appears in 3 contracts

Samples: Stock Pledge Agreement (Virage Logic Corp), Stock Pledge Agreement (Virage Logic Corp), Secured Full Recourse Promissory Note (HNC Software Inc/De)

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DIVIDENDS; VOTING. All dividends hereinafter declared on or payable with respect to any Collateral during the term of this Pledge Agreement (excluding only ordinary cash dividends, which will be payable to Pledgor so long as no Event of Default has occurred under the Note) (the "DIVIDENDSDividends") will be immediately delivered to the Company to be held in pledge under this Pledge Agreement. Notwithstanding this Pledge Agreement, so long as Pledgor owns the Shares and no Event of Default has occurred under the Note, Pledgor will be entitled to vote any shares comprising the Collateral, subject to any proxies granted by Pledgor.

Appears in 1 contract

Samples: Secured Full Recourse Promissory Note (Alibris Inc)

DIVIDENDS; VOTING. All dividends hereinafter declared on or payable with respect to any Collateral during the term of this Pledge Agreement (excluding only ordinary cash dividends, which will be payable to Pledgor so long as no Event of Default has occurred under the Note) (the "DIVIDENDSDividends") will be immediately delivered to the Company Pledgee to be held in pledge under this Pledge Agreement. Notwithstanding this Pledge Agreement, so long as Pledgor owns the Shares and no Event of Default has occurred under the Note, Pledgor will be entitled to vote any shares comprising the Collateral, subject to any proxies granted by Pledgor.

Appears in 1 contract

Samples: Stock Pledge Agreement (Datameg Corp)

DIVIDENDS; VOTING. All dividends hereinafter declared on or payable with respect to any Collateral during the term of this Pledge Agreement (excluding only ordinary cash dividends, which will be payable to Pledgor so long as no Event of Default has occurred under the NoteCompany Notes) (the "DIVIDENDSDividends") will be immediately delivered to the Company to be held in pledge under this Pledge Agreement. Notwithstanding this Pledge Agreement, so long as Pledgor owns the KWICK! Shares and no Event of Default has occurred under the NoteCompany Notes, Pledgor will be entitled to vote any shares comprising the Collateral, subject to any proxies granted by Pledgor.

Appears in 1 contract

Samples: Equity and Stock Pledge Agreement (Kiwibox.Com, Inc.)

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DIVIDENDS; VOTING. All dividends hereinafter declared on or payable with respect to any Collateral during the term of this Pledge Agreement (excluding only ordinary cash dividends, which will be payable to Pledgor so long as no Event of Default has occurred under the NoteNote or the Loan Agreement) (the "DIVIDENDS") will be immediately delivered to the Company to be held in pledge under this Pledge Agreement. Notwithstanding this Pledge Agreement, so long as Pledgor owns the Warrant Shares and no Event of Default has occurred under the NoteNote or the Loan Agreement, Pledgor will be entitled to vote any shares comprising the Collateral, subject to any proxies granted by Pledgor.

Appears in 1 contract

Samples: Loan Agreement (Keynote Systems Inc)

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