Common use of Non-Cash Dividends and Distributions Clause in Contracts

Non-Cash Dividends and Distributions. After the Issuer receives a Notice of Exclusive Control, the Issuer shall deliver to the Secured Party all dividends, interest and other distributions paid or made upon or with respect to the Securities.

Appears in 11 contracts

Samples: Bermuda Pledge Agreement (Marvell Technology Group LTD), Guarantee and Security Agreement (Xerox Corp), Pledge Agreement (Marvell Technology Group LTD)

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Non-Cash Dividends and Distributions. After the Issuer receives receipt of a Notice of Exclusive Control, the Issuer shall deliver to the Secured Party all dividends, interest and other distributions paid or made upon or with respect to the Securities.

Appears in 2 contracts

Samples: Notes Security Agreement (Tower Automotive, LLC), First Lien Term Loan Security Agreement (Tower Automotive, LLC)

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