Common use of Entitlement of Grantors to Cash Dividends and Distributions Clause in Contracts

Entitlement of Grantors to Cash Dividends and Distributions. A Grantor shall be entitled to receive all cash dividends or distributions payable in respect of its Pledged Collateral, except as otherwise provided in this Article VI.

Appears in 12 contracts

Samples: Pledge and Security Agreement (Kona Grill Inc), Pledge and Security Agreement (Preferred Apartment Communities Inc), Pledge and Security Agreement (Preferred Apartment Communities Inc)

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Entitlement of Grantors to Cash Dividends and Distributions. A Each Grantor shall be entitled to receive all cash dividends or distributions payable in respect of its Pledged Collateral, except as otherwise provided in this Article VI.

Appears in 4 contracts

Samples: Pledge and Security Agreement (Eastern Co), Pledge and Security Agreement (Purple Innovation, Inc.), Pledge and Security Agreement (Lemaitre Vascular Inc)

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Entitlement of Grantors to Cash Dividends and Distributions. A Grantor shall be entitled to receive all cash dividends or distributions payable in respect of its Pledged Collateral, except as otherwise provided in this Article VI.

Appears in 1 contract

Samples: Pledge and Security Agreement (Igi Laboratories, Inc)

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