Receipt of Dividends and Distributions. Prior to the occurrence of a Default, the Pledgor shall have the right to receive and retain any ordinary dividends or other distributions paid on the Collateral.
Appears in 6 contracts
Samples: Stock Pledge Agreement (Aura Systems Inc), Stock Pledge Agreement (Icm Asset Management Inc/Wa), Stock Pledge Agreement (Icm Asset Management Inc/Wa)
Receipt of Dividends and Distributions. Prior to the occurrence of a Default, the Pledgor shall have the right to receive and retain any ordinary dividends or other distributions paid on the Collateral.
Appears in 4 contracts
Samples: Assumption of Obligations and Pledge Agreement (Genius Products Inc), Assignment, Assumption and Pledge Agreement (Genius Products Inc), Assignment, Assumption and Pledge Agreement (American Vantage Companies)
Receipt of Dividends and Distributions. Prior to As long as the occurrence of a Pledgor is not in Default, the Pledgor shall have the right to receive and retain any ordinary dividends or other distributions approved and paid on the Collateral.
Appears in 3 contracts
Samples: Commercial Loan Agreement (Sysorex, Inc.), Stock Pledge Agreement (Jayhawk Energy, Inc.), Stock Pledge Agreement (Silver Hill Mines Inc)
