Grantor’s Powers. (a) So long as an “Event of Default” (as hereinafter defined) shall not then exist, Grantor shall be the sole party entitled (1) to exercise for any purpose any and all (i) voting rights and (ii) powers, and (2) to receive any and all distributions, in each case arising from or relating to the Pledged Collateral; provided, however, that Grantor shall not exercise such rights or powers, or consent to any action of either Issuer that would be in contravention of the provisions of, or constitute an Event of Default under, this Assignment or any of the Loan Documents.
Grantor’s Powers. The Grantor reserves the power to reacquire the Trust principal by substituting other property of an equivalent value.
Grantor’s Powers. Grantor hereby covenants and agrees as follows:
Grantor’s Powers. (a) So long as an Event of Default does not exist, Grantor shall be the sole party entitled (i) to exercise for any purpose any and all (A) voting rights and (B) powers, and (ii) to receive any and all distributions, in each case arising from or relating to the Pledged Collateral; provided, however, that Grantor shall not exercise such rights or powers, or consent to any action of the Corporate Subsidiaries that would be in contravention of the provisions of, or constitute an Event of Default under, this Pledge or any of the other Loan Documents.
Grantor’s Powers. 1. So long as an Event of Default shall not then exist, Grantor shall be the only party entitled (i)to exercise for any purpose any and all voting rights and powers, and (ii)to receive any and all distributions, in each case arising from or relating to the Collateral; provided, however, that Grantor shall not exercise such rights or powers, or consent to any action of the Partnership that would be in contravention of the provisions of, or constitute an Event of Default under, this Security Agreement.
Grantor’s Powers. A. The Grantor may, during his lifetime: (l) withdraw property from this Trust in any amount and at any time; (2) add other property to the Trust; (3) change the beneficiaries, their respective shares and the plan of distribution; (4) amend this Trust Agreement in any other respect; (5) revoke this Trust in its entirety or any provision therein; provided, however, the duties or responsibilities of the Trustee shall not be enlarged without the Trustee's consent.
