Common use of Record Ownership of Securities Clause in Contracts

Record Ownership of Securities. Upon the occurrence and continuance of a Default, Secured Parties may have any Collateral that is securities and that is in the possession of a Secured Party, or its nominee or nominees, registered in its name, or in the name of its nominee or nominees, as pledgee; and, as to any securities so registered, Debtor shall execute and deliver (or cause to be executed and delivered) to such Secured Party all such proxies, powers of attorney, dividend coupons or orders, and other documents as such Secured Party may reasonably request for the purpose of enabling such Secured Party to exercise the voting rights and powers which it is entitled to exercise under this agreement or to receive the dividends and other payments in respect of securities which it is authorized to receive and retain under this agreement.

Record Ownership of Securities. Upon the occurrence and continuance of If a DefaultDefault exists, Secured Parties Party at any time may have any Collateral that is securities Pledged Shares and that is in the possession of a Secured Party, or its nominee or nominees, registered in its name, or in the name of its nominee or nominees, as pledgee; and, as to any securities Pledged Shares so registered, Debtor shall execute and deliver (or cause to be executed and delivered) to such Secured Party all such proxies, powers of attorney, dividend coupons or orders, and other documents as such Secured Party may reasonably request for the purpose of enabling such Secured Party to exercise the voting rights and powers which it is entitled to exercise under this agreement Security Agreement or to receive the dividends and other payments in respect of securities such Collateral that is Pledged Shares which it is authorized to receive and retain under this agreementSecurity Agreement.

Record Ownership of Securities. Upon the occurrence and continuance of If a DefaultDefault exists, Secured Parties Party at any time may have any Collateral that is securities Pledged Securities and that is in the possession of a Secured Party, or its nominee or nominees, registered in its name, or in the name of its nominee or nominees, as pledgee; and, as to any securities Pledged Securities so registered, Debtor shall execute and deliver (or cause to be executed and delivered) to such Secured Party all such proxies, powers of attorney, dividend coupons or orders, and other documents as such Secured Party may reasonably request for the purpose of enabling such Secured Party to exercise the voting rights Rights and powers which it is entitled to exercise under this agreement Security Agreement or to receive the dividends and other payments in respect of securities such Collateral that is Pledged Securities which it is authorized to receive and retain under this agreementSecurity Agreement.