Common use of Retention of Certain Rights Clause in Contracts

Retention of Certain Rights. So long as the Collateral Agent has not exercised remedies with respect to the Collateral under this Agreement upon the occurrence of an Event of Default, the Pledgor reserves the right to exercise all voting and other rights with respect to the Collateral; provided that no vote shall be cast, right exercised or other action taken which could materially impair the Collateral.

Retention of Certain Rights. So long as the Collateral Agent has not exercised remedies with respect to the Collateral under this Agreement or any other Credit Document upon the occurrence of an Event of Default, the Pledgor reserves the right to exercise all voting and other rights with respect to the CollateralCollateral (except as limited by the Credit Documents and the Forbearance Agreement) and to receive all income, dividends and other distributions from the Collateral (except as limited by the Credit Documents); provided that no vote shall be cast, right exercised or other action taken which could materially impair the Collateral.

Retention of Certain Rights. So long as the Collateral Agent has not exercised remedies with respect to the Collateral under this Agreement or any other Secured Obligation Document upon the occurrence and during the continuance of an Event of Default, the Pledgor reserves the right right, and shall have the right, to the exclusion of the Collateral Agent, to exercise all voting and other rights with respect to the Collateral; provided that no vote shall be castCollateral to the extent not prohibited by the Secured Obligation Documents and to receive all income, right exercised or dividends and other action taken which could materially impair distributions from the CollateralCollateral to the extent not prohibited by the Secured Obligation Documents.

Retention of Certain Rights. So long as the Collateral Agent has not exercised remedies with respect to the Collateral under this Agreement or any other Credit Document upon the occurrence of an Event of Default, the Pledgor reserves the right to exercise all voting and other rights with respect to the CollateralCollateral (except as limited by the Credit Documents) and to receive all income, dividends and other distributions from the Collateral (except as limited by the Credit Documents); provided that no vote shall be cast, right exercised or other action taken which could materially impair the Collateral.