Common use of Record Ownership of Securities Clause in Contracts

Record Ownership of Securities. On and after the occurrence of an Event of Default, Lender may have any Collateral that is Pledged Equity Interests and that is in the possession of Lender, or its nominee or nominees, registered in its name, or in the name of its nominee or nominees, as Lender; and, as to any Collateral that is Pledged Equity Interests so registered, Lender shall execute and deliver (or cause to be executed and delivered) to the applicable Grantor all such proxies, powers of attorney, dividend coupons or orders, and other Documents as such Grantor may reasonably request for the purpose of enabling such Grantor to exercise the voting rights and powers which it is entitled to exercise under this Security Agreement or to receive the dividends and other distributions and payments in respect of such Collateral that is Pledged Equity Interests or Proceeds thereof which it is authorized to receive and retain under this Security Agreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (Electronic Cigarettes International Group, Ltd.)

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Record Ownership of Securities. On and after the occurrence of If an Event of DefaultDefault exists, Lender ------------------------------ Secured Party at any time may have any Collateral that is Pledged Equity Interests Securities and that is in the possession of LenderSecured Party, or its nominee or nominees, registered in its name, or in the name of its nominee or nominees, as LenderSecured Party; and, as to any Collateral that is Pledged Equity Interests Securities so registered, Lender Secured Party shall execute and deliver (or cause to be executed and delivered) to the applicable Grantor Debtor all such proxies, powers of attorney, dividend coupons or orders, and other Documents documents as such Grantor Debtor may reasonably request for the purpose of enabling such Grantor Debtor to exercise the voting rights Rights and powers which it is entitled to exercise under this Security Pledge Agreement or to receive the dividends and other distributions and payments in respect of such Collateral that is Pledged Equity Interests Securities or Proceeds proceeds thereof which it is authorized to receive and retain under this Security Pledge Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Pendaries Petroleum LTD)

Record Ownership of Securities. On and after the occurrence of an Event of DefaultIf a Default or Potential ------------------------------ Default exists, Lender may Secured Party at any time have any Collateral that is Pledged Equity Interests Securities and that is in the possession of LenderSecured Party, or its nominee or nominees, registered in its name, or in the name of its nominee or nominees, as LenderSecured Party; and, as to any Collateral that is Pledged Equity Interests Securities so registered, Lender Secured Party shall execute and deliver (or cause to be executed and delivered) to the applicable Grantor Debtor all such proxies, powers of attorney, dividend coupons or orders, and other Documents documents as such Grantor Debtor may reasonably request for the purpose of enabling such Grantor Debtor to exercise the voting rights Rights and powers which it is entitled to exercise under this Security Agreement or to receive the dividends and other distributions Distributions and payments in respect of such Collateral that is Pledged Equity Interests Securities or Proceeds proceeds thereof which it is authorized to receive and retain under this Security Agreement.

Appears in 1 contract

Samples: Security Agreement (Azz Inc)

Record Ownership of Securities. On and after the occurrence of an Event of DefaultIf a Default exists, Lender Secured Party at any time may have any Collateral that is Pledged Equity Interests Securities and that is in the possession of LenderSecured Party, or its nominee or nominees, registered in its name, or in the name of its nominee or nominees, as LenderSecured Party; and, as to any Collateral that is Pledged Equity Interests Securities so registered, Lender Secured Party shall execute and deliver (or cause to be executed and delivered) to [the applicable Grantor applicable] Debtor all such proxies, powers of attorney, dividend coupons or orders, and other Documents documents as such Grantor [such] Debtor may reasonably request for the purpose of enabling such Grantor [such] Debtor to exercise the voting rights Rights and powers which it is entitled to exercise under this Security Agreement or to receive the dividends and other distributions Distributions and payments in respect of such Collateral that is Pledged Equity Interests Securities or Proceeds proceeds thereof which it is authorized to receive and retain under this Security Agreement.

Appears in 1 contract

Samples: Credit Agreement (Dobson Communications Corp)

Record Ownership of Securities. On and after the occurrence of an Event of DefaultIf a Default exists, Lender Secured Party at any time may have any Collateral that is Pledged Equity Interests Securities and that is in the possession of LenderSecured Party, or its nominee or nominees, registered in its name, or in the name of its nominee or nominees, as LenderSecured Party; and, as to any Collateral that is Pledged Equity Interests Securities so registered, Lender Secured Party shall execute and deliver (or cause to be executed and delivered) to [the applicable Grantor applicable] Debtor all such proxies, powers of attorney, dividend coupons or orders, and other Documents documents as such Grantor [such] Debtor may reasonably request for the purpose of enabling such Grantor [such] Debtor to exercise the voting rights Rights and powers which it is entitled to exercise under this Security Pledge Agreement or to receive the dividends and other distributions Distributions and payments in respect of such Collateral that is Pledged Equity Interests Securities or Proceeds proceeds thereof which it is authorized to receive and retain under this Security Pledge Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Adelphia Communications Corp)

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Record Ownership of Securities. On and after the occurrence of If an Event of DefaultDefault exists, Lender Secured Party at any time may have any Collateral that is Pledged Equity Interests Securities and that is in the possession of LenderMLP Pledge and Security Agreement Secured Party, or its nominee or nominees, registered in its name, or in the name of its nominee or nominees, as LenderSecured Party; and, as to any Collateral that is Pledged Equity Interests Securities so registered, Lender Secured Party shall execute and deliver (or cause to be executed and delivered) to the applicable Grantor Debtor all such proxies, powers of attorney, dividend coupons or orders, and other Documents documents as such Grantor Debtor may reasonably request for the purpose of enabling such Grantor Debtor to exercise the voting rights Rights and powers which it is entitled to exercise under this Security Agreement or to receive the dividends and other distributions and payments in respect of such Collateral that is Pledged Equity Interests Securities or Proceeds proceeds thereof which it is authorized to receive and retain under this Security Agreement.

Appears in 1 contract

Samples: Security Agreement (Quest Resource Corp)

Record Ownership of Securities. On and after the occurrence of If an Event of DefaultDefault exists and is continuing, Lender Secured Party at any time may have any Collateral that is Pledged Equity Interests Securities and that is in the possession of LenderSecured Party, or its nominee or nominees, registered in its name, or in the name of its nominee or nominees, as LenderSecured Party; and, as to any Collateral that is Pledged Equity Interests Securities so registered, Lender Secured Party shall execute and deliver (or cause to be executed and delivered) to the applicable Grantor relevant Debtor all such proxies, powers of attorney, dividend coupons or orders, and other Documents documents as such Grantor Debtor may reasonably request for the purpose of enabling such Grantor Debtor to exercise the voting rights Rights and powers which it is entitled to exercise under this Security Agreement or to receive the dividends and other distributions and payments in respect of such Collateral that is Pledged Equity Interests Securities or Proceeds proceeds thereof which it is authorized to receive and retain under this Security Agreement.

Appears in 1 contract

Samples: Security Agreement (AMERICAN EAGLE ENERGY Corp)

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