Proceeds; Dividends and Voting. Notwithstanding anything contained in this Pledge Agreement to the contrary, Pledgor shall be entitled to receive or shall receive such interest and cash dividends paid on account of the Pledged Stock, and to exercise voting rights with respect to the Pledged Stock, so long as there has not occurred any Event of Default under the Loan Agreement or this Pledge Agreement.
Appears in 3 contracts
Samples: Loan and Subordinated Debenture Purchase Agreement (German American Bancorp, Inc.), Loan and Subordinated Debenture Purchase Agreement (German American Bancorp, Inc.), Loan and Subordinated Debenture Purchase Agreement (Taylor Capital Group Inc)
Proceeds; Dividends and Voting. Notwithstanding anything contained in this Pledge Agreement to the contrary, the Pledgor shall be entitled to receive or shall receive such interest and cash dividends paid on account of the Pledged Stock, and to exercise voting rights with respect to the Pledged Stock, so long as there has not occurred any Event of Default under the Loan Agreement or this Pledge AgreementAgreement (a Default under this Pledge Agreement being defined in Section 7.1).
Appears in 2 contracts
Samples: Pledge and Security Agreement (Independent Bank Group Inc), Loan and Subordinated Debenture Purchase Agreement (Gateway Financial Holdings Inc)
Proceeds; Dividends and Voting. Notwithstanding anything contained in this Pledge Agreement to the contrary, Pledgor shall be entitled to receive or shall receive such interest and cash dividends paid on account of the Pledged StockStock and may retain and use such amounts for its own purposes, and to exercise voting rights with respect to the Pledged Stock, so long as there has not occurred any Event of Default under the Loan Agreement or this Pledge AgreementDefault.
Appears in 1 contract
Proceeds; Dividends and Voting. Notwithstanding anything contained in this Pledge Agreement to the contrary, Pledgor shall be entitled to receive for its own account or shall receive for its own account such interest and cash dividends paid on account of the Pledged Stock, and to exercise voting rights with respect to the Pledged Stock, so long as there has not occurred any Event of Default under the Loan Agreement or this Pledge AgreementAgreement (an Event of Default under this Pledge Agreement being defined in Section 7.1 hereof).
Appears in 1 contract
Samples: Loan and Subordinated Debenture Purchase Agreement (Old Second Bancorp Inc)
Proceeds; Dividends and Voting. Notwithstanding anything contained in this Pledge Agreement to the contrary, Pledgor shall be entitled to receive or shall receive such interest and cash dividends paid on account of the Pledged Stock, and to exercise voting rights with respect to the Pledged Stock, so long as there has not occurred any Event of Default under the Loan Agreement or this Pledge AgreementAgreement (an Event of Default under this Pledge Agreement being defined in Section 7.1).
Appears in 1 contract
Samples: Loan and Subordinated Debenture Purchase Agreement (Privatebancorp Inc)
Proceeds; Dividends and Voting. Notwithstanding anything contained in this Pledge Agreement to the contrary, Pledgor shall be entitled to receive or shall receive such interest and cash dividends paid on account of the Pledged StockStock and may retain and use such amounts for its own purposes, and to exercise voting rights with respect to the Pledged Stock, so long as there has not occurred any Event of Default under except to the Loan Agreement or this Pledge Agreementextent set forth in Section 7.2 hereof.
Appears in 1 contract
Samples: Pledge and Security Agreement (National Consumer Cooperative Bank /Dc/)
