Common use of Prior to a Default Clause in Contracts

Prior to a Default. So long as no Default shall have occurred and is continuing, Pledgor shall be entitled to continue to exercise any and all voting and other rights arising under the Collateral and to receive and retain any and all dividends, distributions and interest, declared, distributed or paid, with respect to the Collateral, or any portion thereof.

Appears in 8 contracts

Samples: Stock Pledge Agreement (Embassy Bancorp, Inc.), Stock Pledge Agreement (Embassy Bancorp, Inc.), Plan of Merger (Tower Bancorp Inc)

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