Equity Collateral. (1) The Securing Parties will cause the Equity Collateral to constitute at all times 100% of the total number of shares of each class of common and preferred stock of, or partnership or other ownership interest in, each Issuer.
(2) So long as no Event of Default shall have occurred and be continuing, the Securing Parties shall have the right to exercise all voting, consensual and other powers of ownership pertaining to the Equity Collateral for all purposes not inconsistent with the terms of this Agreement, the Credit Agreement, the Notes or any other instrument or agreement referred to herein or therein, provided that the Securing Parties jointly and severally agree that they will not vote the Equity Collateral in any manner that is inconsistent with the terms of this Agreement, the Credit Agreement, the Notes or any such other instrument or agreement; and the Administrative Agent shall execute and deliver to the Securing Parties or cause to be executed and delivered to the Securing Parties all such proxies, powers of attorney, dividend and other orders, and all such instruments, without recourse, as the Securing Parties may reasonably request for the purpose of enabling the Securing Parties to exercise the rights and powers that they are entitled to exercise pursuant to this Section 5.04(a)(2).
(3) Unless and until an Event of Default has occurred and is continuing, the Securing Parties shall be entitled to receive and retain any dividends on the Equity Collateral paid in cash out of earned surplus.
(4) If any Event of Default shall have occurred, then so long as such Event of Default shall continue, and whether or not the Administrative Agent or any Lender exercises any available right to declare any Secured Obligation due and payable or seeks or pursues any other relief or remedy available to it under applicable law or under this Agreement, the Credit Agreement, the Notes or any other agreement relating to such Secured Obligation, all dividends and other distributions on the Equity Collateral shall be paid directly to the Administrative Agent and retained by it in the Collateral Account as part of the Equity Collateral, subject to the terms of this Agreement, and, if the Administrative Agent shall so request in writing, the Securing Parties jointly and severally agree to execute and deliver to the Administrative Agent 'appropriate additional dividend, distribution and other orders and documents to that end, provided that if such Event of Default is cur...
Equity Collateral. Each Borrower and each Guarantor will, and will cause each of their respective Subsidiaries to, give notice to the Administrative Agent in writing of any events relating to the Equity Collateral that materially adversely affect the rights of the Administrative Agent or any other Creditor Parties with respect thereto.
Equity Collateral. Annex G hereto sets forth the names of all Subsidiaries owned by each Debtor, the percentage of such capital stock or limited liability company equity ownership interests in each Subsidiary owned by each Debtor and the name of the Operating Agreement governing each such Subsidiary.
Equity Collateral. All of the Capital Stock of CFin Holdings held by CCG (consisting of 90% of CFin Holdings’ issued and outstanding Capital Stock); and all of the Capital Stock in CCG, each of the Guarantors (other than CCC), Guaranteed Holdings, EIT (other than the EIT Preferred Shares), EIT II, SPV I, SPV II, and any other Persons listed on Schedule 1 under paragraph C thereof.
Equity Collateral. All of the Capital Stock in CCG, each of the Guarantors (other than CCC), EIT (other than the EIT Preferred Shares), ARCap 2004-RR3 Resecuritization, Inc., ARCap 2005-RR5 Resecuritization, Inc., SPV I and SPV II, and any other Persons listed on Schedule 1A under paragraph C thereof.
Equity Collateral. (a) RMLC shall have purchased the AIG Equity Funding Agreement from AIG and delivered it to the Owner Trustee and AIG shall have delivered such certificates and opinions as the Owner Participant shall reasonably request.
(b) Oglethorpe shall have obtained a Qualifying Sublease Surety Bond meeting the applicable requirements of Section 8.5 and a Qualifying Head Lease Surety Bond meeting the requirements of Section 8.6, from AMBAC, AMBAC shall have delivered such certificates and opinions as the Owner Participant shall reasonably request, and the Head Lease Surety Bond shall have been delivered to the Owner Participant and the Sublease Surety Bond shall have been delivered to the Co-Trustee as assignee of RMLC.
Equity Collateral. In order to secure the Obligations, Xxxxxx Xxxx ----------------- shall grant to the Lender a Lien on the Equity Collateral, by the execution and delivery of the Pledge Agreement.
Equity Collateral. 17 SECTION 4.4. PAYMENT UNDERTAKING................................................... 17 SECTION 4.5.
Equity Collateral. (a) Old Dominion shall have made provision for the purchase of the Qualifying Security and shall have deposited the settlement amount for the Qualifying Security with the Collateral Agent pursuant to the Equity Security Pledge Agreement for the benefit of the Facility Owner and the Owner Participant.
(b) Old Dominion shall have obtained a Qualifying Surety Bond meeting the applicable requirements of Section 7.8 from AMBAC for the benefit of the Facility Owner and the Owner Participant.
Equity Collateral. All of the Capital Stock in CM Corp., each of the Guarantors (other than CharterMac Capital Company), Issuer Trust (other than Issuer Trust Preferred Shares), CharterMac Residual Holder, ARCap 2004-RR3 Resecuritization, Inc., ARCap 2005-RR5 Resecuritization, Inc., and any other Persons listed on Schedule 1 under Equity Collateral.
