Common use of Exercise of Rights in Pledged Securities and other Investment Property Clause in Contracts

Exercise of Rights in Pledged Securities and other Investment Property. Each Grantor will permit the Administrative Agent or its nominee at any time after the continuance of a Default, without notice, to exercise or refrain from exercising any and all voting and other consensual rights pertaining to the Collateral owned by such Grantor or any part thereof, and to receive all dividends and interest in respect of such Collateral.

Appears in 8 contracts

Samples: Pledge and Security Agreement (Cimpress N.V.), Credit Agreement (Tennant Co), Pledge and Security Agreement (Vistaprint N.V.)

AutoNDA by SimpleDocs

Exercise of Rights in Pledged Securities and other Investment Property. Each Grantor will permit the Administrative Agent or its nominee at any time after the continuance of a Default, without notice, to exercise or refrain from exercising any and all voting and other consensual rights pertaining to the Collateral owned by such Grantor or any part thereof, and to receive all dividends and interest in respect of such Collateral. So long as no Default has occurred and is continuing, the Grantors are entitled to exercise any and all voting and other rights and powers relating to the Collateral.

Appears in 4 contracts

Samples: Pledge and Security Agreement, Pledge and Security Agreement (Encore Capital Group Inc), Pledge and Security Agreement (Encore Capital Group Inc)

Exercise of Rights in Pledged Securities and other Investment Property. Each Grantor will permit the Administrative Agent or its nominee at any time after the occurrence and during the continuance of a an Event of Default, without notice, to exercise or refrain from exercising any and all voting and other consensual rights pertaining to the Collateral owned by such Grantor or any part thereof, and to receive all dividends and interest in respect of such Collateral.

Appears in 3 contracts

Samples: Pledge and Security Agreement, Pledge and Security Agreement (Endo Pharmaceuticals Holdings Inc), Pledge and Security Agreement (Endo Pharmaceuticals Holdings Inc)

Exercise of Rights in Pledged Securities and other Investment Property. Each Grantor will permit the Administrative Agent or its nominee at any time after during the continuance of a an Event of Default, without notice, to exercise or refrain from exercising any and all voting and other consensual rights pertaining to the Collateral owned by such Grantor or any part thereof, and to receive all dividends and interest in respect of such Collateral.

Appears in 3 contracts

Samples: Pledge and Security Agreement (Microchip Technology Inc), Pledge and Security Agreement (Microchip Technology Inc), Pledge and Security Agreement (Microchip Technology Inc)

Exercise of Rights in Pledged Securities and other Investment Property. Each Grantor will permit the Administrative Agent or its nominee at any time after the continuance of a an Event of Default, without notice, to exercise or refrain from exercising any and all voting and other consensual rights pertaining to the Collateral owned by such Grantor or any part thereof, and to receive all dividends and interest in respect of such Collateral.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Kendle International Inc), Pledge and Security Agreement (Priceline Com Inc)

Exercise of Rights in Pledged Securities and other Investment Property. Each Grantor will permit the Administrative Agent or its nominee at any time after the occurrence and during the continuance of a Default, without notice, to exercise or refrain from exercising any and all voting and other consensual rights pertaining to the Collateral owned by such Grantor or any part thereof, and to receive all dividends and interest in respect of such Collateral.

Appears in 1 contract

Samples: Credit Agreement (ResCare Finance, Inc.)

Exercise of Rights in Pledged Securities and other Investment Property. Each Grantor will permit the Administrative Agent or its nominee at any time after following the occurrence and during the continuance of a DefaultPayment Event of Default or Acceleration Event, without notice, to exercise or refrain from exercising any and all voting and other consensual rights pertaining to the Collateral owned by such Grantor or any part thereof, and to receive all dividends and interest in respect of such Collateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (Advisory Board Co)

Exercise of Rights in Pledged Securities and other Investment Property. Each Grantor Guarantor will permit the Administrative Agent or its nominee at any time after the occurrence and during the continuance of a Default, without notice, to exercise or refrain from exercising any and all voting and other consensual rights pertaining to the Collateral owned by such Grantor Guarantor or any part thereof, and to receive all dividends and interest in respect of such Collateral.

Appears in 1 contract

Samples: Guaranty and Collateral Agreement (Golden Entertainment, Inc.)

Exercise of Rights in Pledged Securities and other Investment Property. Each Grantor will permit the Administrative Agent or its nominee at any time after following the occurrence and during the continuance of a an Event of Default, without notice, to exercise or refrain from exercising any and all voting and other consensual rights pertaining to the Collateral owned by such Grantor or any part thereof, and to receive all dividends and interest in respect of such Collateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (Myr Group Inc.)

Exercise of Rights in Pledged Securities and other Investment Property. Each Grantor will permit the Administrative Agent or its nominee at any time after the occurrence and during the continuance of a DefaultPayment Event of Default or Acceleration Event, without notice, to exercise or refrain from exercising any and all voting and other consensual rights pertaining to the Collateral owned by such Grantor or any part thereof, and to receive all dividends and interest in respect of such Collateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (JDS Uniphase Corp /Ca/)

AutoNDA by SimpleDocs

Exercise of Rights in Pledged Securities and other Investment Property. Each Grantor will permit the Administrative Agent or its nominee at any time after the continuance of a Default, without noticeafter notice to the Borrower, to exercise or refrain from exercising any and all voting and other consensual rights pertaining to the Collateral owned by such Grantor or any part thereof, and to receive all dividends and interest in respect of such Collateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (Layne Christensen Co)

Exercise of Rights in Pledged Securities and other Investment Property. Each Grantor will permit the Administrative Agent or its nominee at any time after the continuance of a Default, without prior notice, to exercise or refrain from exercising any and all voting and other consensual rights pertaining to the Collateral owned by such Grantor or any part thereof, and to receive all dividends and interest in respect of such Collateral; provided that the Administrative Agent or its nominee shall provide notice to such Grantor within five (5) Business Days of taking any such action.

Appears in 1 contract

Samples: Pledge and Security Agreement (Innerworkings Inc)

Exercise of Rights in Pledged Securities and other Investment Property. Each Grantor will permit the Administrative Agent or its nominee at any time after the continuance of a DefaultDefault has occurred and is continuing, without notice, to exercise or refrain from exercising any and all voting and other consensual rights pertaining to the Collateral owned by such Grantor or any part thereof, and to receive all dividends and interest in respect of such Collateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (Inergy L P)

Exercise of Rights in Pledged Securities and other Investment Property. Each Grantor will permit the Administrative Agent or its nominee at any time after the occurrence and during the continuance of a Default, without notice, to exercise or refrain from exercising any and all voting and other consensual rights pertaining to the Collateral owned by such Grantor or any part thereof, and to receive all dividends and interest in respect of such CollateralCollateral to be applied to the Secured Obligations.

Appears in 1 contract

Samples: Credit Agreement (Journal Media Group, Inc.)

Exercise of Rights in Pledged Securities and other Investment Property. Each Grantor will permit the Administrative Agent or its nominee at any time after the continuance of a Default, without noticeupon notice as set forth in clause (v) of Section 6.2, to exercise or refrain from exercising any and all voting and other consensual rights pertaining to the Pledged Collateral owned by such Grantor or any part thereof, and to receive all dividends and interest in respect of such Pledged Collateral.

Appears in 1 contract

Samples: Guaranty and Collateral Agreement (Stonemor Partners Lp)

Exercise of Rights in Pledged Securities and other Investment Property. Each Grantor will permit the Administrative Agent or its nominee at any time after the occurrence and during the continuance of a an Event of Default, without notice, to exercise or refrain from exercising any and all voting and other consensual rights pertaining to the Collateral owned by such Grantor or any part thereof, and to receive all dividends and interest in respect of such CollateralCollateral to be applied to the Secured Obligations.

Appears in 1 contract

Samples: Security Agreement (Inventure Foods, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!