Pledgor’s Rights. (a) As long as no Default or Event of Default shall have occurred and be continuing and until written notice shall be given to each Pledgor in accordance with Section 8(a) hereof, such Pledgor shall have the right, from time to time, to vote and give consents with respect to the Pledged Collateral or any part thereof for all purposes not inconsistent with the provisions of this Agreement, the Note or any Ancillary Agreement; provided, however, that no vote shall be cast, and no consent shall be given or action taken, which would have the effect of impairing the position or interest of
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Samples: Pledge and Security Agreement (Polaris Aircraft Income Fund V), Pledge and Security Agreement (Polaris Aircraft Income Fund Iv), Pledge and Security Agreement (Polaris Aircraft Income Fund Iii)
Pledgor’s Rights. (a) As long as no Default or Event of Default shall have occurred and be continuing and until written notice shall be given to each Pledgor in accordance with Section 8(a) hereof, such Pledgor shall have the right, from time to time, to vote and give consents with respect to the Pledged Collateral Collateral, or any part thereof for all purposes not inconsistent with the provisions of this Agreement, the Note Credit Agreement or any Ancillary Agreementother Loan Document; provided, however, that no vote shall be cast, and no consent shall be given or action taken, which would have the effect of impairing the position or interest ofof Lender in respect of the Pledged Collateral or which would authorize, effect or consent to (unless and to the extent expressly permitted by the Credit Agreement):
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