Common use of Notices and Other Communications in Respect of Collateral Clause in Contracts

Notices and Other Communications in Respect of Collateral. The Pledgor shall deliver promptly to the Collateral Agent copies of all notices or other communications received by the Pledgor in respect of the Collateral. Until the occurrence of an Event of Default, the Collateral Agent shall deliver promptly to the Pledgor all notices or other communications received by the Collateral Agent or its nominee in respect of the Collateral. After the occurrence of an Event of Default, the Pledgor waives all rights to receive any notices or communications received by the Collateral Agent or its nominee in respect of the Collateral.

Appears in 3 contracts

Samples: Pledge Agreement (Source Media Inc), Pledge Agreement (Source Media Inc), Pledge Agreement (Comforce Corp)

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Notices and Other Communications in Respect of Collateral. The Each ---------------------------------------------------------- Pledgor shall deliver promptly to the Collateral Agent copies of all notices or other communications received by the such Pledgor in respect of the Collateral. Until the occurrence of an Event of Default, the Collateral Agent shall deliver promptly to the such Pledgor all notices or other communications received by the Collateral Agent or its nominee in respect of the Collateral. After the occurrence of an Event of Default, the such Pledgor waives all rights to receive any notices or communications received by the Collateral Agent or its nominee in respect of the Collateral.

Appears in 1 contract

Samples: Pledge Agreement (Mediaamerica Inc)

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