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 Agent or its nominee at any time after the occurrence and during the continuance of a Default, without notice, to exercise all voting and corporate rights relating to the Pledged Securities or any partnership interest or ownership interest in any limited liability company, including, without limitation, exchange, subscription or any other rights, privileges, or options pertaining to any corporate securities or other ownership interests or Investment Property in or of a corporation, partnership, joint venture or limited liability company constituting Collateral and the Stock Rights as if it were the absolute owner thereof.

Appears in 1 contract

Samples: Pledge and Security Agreement (Gasco Energy Inc)

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Exercise of Rights in Pledged Securities and other Investment Property. Each The Grantor will permit the Agent or its nominee at any time after the occurrence and during the continuance of a Default, without notice, to exercise all voting and corporate rights relating to the Pledged Securities or any partnership interest or ownership interest in any limited liability companyCollateral, including, without limitation, exchange, subscription or any other rights, privileges, or options pertaining to any corporate securities or other ownership interests or Investment Property in or of a corporation, partnership, joint venture or limited liability company constituting Collateral and the Stock Rights as if it were the absolute owner thereof.

Appears in 1 contract

Samples: Credit Agreement (Matrix Service Co)

Exercise of Rights in Pledged Securities and other Investment Property. Each Grantor will permit the Agent or its nominee at any time after the occurrence and during the continuance of a Default, without notice, to exercise all voting and corporate rights relating to the Pledged Securities or any partnership interest or ownership interest in any limited liability companyCollateral, including, without limitation, exchange, subscription or any other rights, privileges, or options pertaining to any corporate securities or other ownership interests or Investment Property in or of a corporation, partnership, joint venture or limited liability company constituting Collateral and the Stock Rights as if it were the absolute owner thereof.

Appears in 1 contract

Samples: Pledge and Security Agreement (Xeta Corp)

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Exercise of Rights in Pledged Securities and other Investment Property. Each Grantor will permit Agent or its nominee at any time after the occurrence of and during the continuance of a an Event of Default, without after notice, to exercise all voting and corporate rights relating to the Pledged Securities or any partnership interest or ownership interest in any limited liability companySecurities, including, without limitation, exchange, subscription or any other rights, privileges, or options pertaining to any corporate securities or other ownership interests or Investment Property in or of a corporation, partnership, joint venture partnership or limited liability company constituting Collateral and the Stock Rights as if it were the absolute owner thereof.

Appears in 1 contract

Samples: Credit Agreement (Range Resources Corp)

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