Common use of Right to Vote Securities Clause in Contracts

Right to Vote Securities. (a) Unless (x) with respect to any Pledged Security not credited to a Securities Account other than any Uncertificated Security representing shares in a money market fund, an Event of Default shall have occurred and be continuing or (y) with respect to any Pledged Security credited to a Securities Account and any Financial Asset underlying any Pledged Security Entitlement owned by it and any Uncertificated Securities representing shares in a money market fund, a Specified Event of Default shall have occurred and be continuing, each Lien Grantor will have the right, from time to time, to vote and to give consents, ratifications and waivers with respect to any Pledged Security owned by it and the Financial Asset underlying any Pledged Security Entitlement owned by it, and the Collateral Agent will, upon receiving a written request from such Lien Grantor, promptly deliver to such Lien Grantor or as specified in such request such proxies, powers of attorney, consents, ratifications and waivers in respect of any such Pledged Security that is registered in the name of the Collateral Agent or its nominee or any such Pledged Security Entitlement as to which the Collateral Agent or its nominee is the Entitlement Holder, in each case as shall be specified in such request and be in form and substance reasonably satisfactory to the Collateral Agent. Unless (x) with respect to any Pledged Security not credited to a Securities Account other than any Uncertificated Security representing shares in a money market fund, an Event of Default shall have occurred and be continuing or (y) with respect to any Pledged Security credited to a Securities Account and any Financial Asset underlying any Pledged Security Entitlement owned by it and any Uncertificated Securities representing of shares in a money market fund, a Specified Event of Default shall have occurred and be continuing, the Collateral Agent will have no right to take any action which the owner of a Pledged Security, Pledged Partnership Interest or Pledged LLC Interest is entitled to take with respect thereto, except the right to receive payments and other distributions to the extent provided herein.

Right to Vote Securities. (a) Unless (x) with respect to any Pledged Security and any Pledged Equity Interest not credited to a Securities Account Account, other than any Uncertificated Security Securities representing shares in a money market fund, an Event of Default shall have occurred and be continuing or (y) with respect to any Pledged Security and any Pledged Equity Interest credited to a Securities Account and any Financial Asset underlying any Pledged Security Entitlement owned by it and any Uncertificated Securities representing shares in a money market fund, a Specified Event of Default shall have occurred and be continuing, each Lien Grantor will have the right, from time to time, to vote and to give consents, ratifications and waivers with respect to any Pledged Security owned by it and the Financial Asset underlying any Pledged Security Entitlement Equity Interest, owned by it, and the Collateral Agent will, upon receiving a written request from such Lien Grantor, promptly deliver to such Lien Grantor or as specified in such request such proxies, powers of attorney, consents, ratifications and waivers in respect of any such Pledged Security or Pledged Equity Interest, as the case may be, that is registered in the name of the Collateral Agent or its nominee or any such Pledged Security Entitlement as to which the Collateral Agent or its nominee is the Entitlement Holdernominee, in each case as shall be specified in such request and be in form and substance reasonably satisfactory to the Collateral Agent. Unless (x) with respect to any Pledged Security and any Pledged Equity Interest not credited to a Securities Account other than any and Uncertificated Security Securities representing shares in a money market fund, an Event of Default shall have occurred and be continuing or (y) with respect to any Pledged Security and any Pledged Equity Interest credited to a Securities Account and any Financial Asset underlying any Pledged Security Entitlement owned by it and any other than Uncertificated Securities representing of shares in a money market fund, a Specified Event of Default shall have occurred and be continuing, the Collateral Agent will have no right to take any action which the owner of a Pledged SecuritySecurity or a Pledged Equity Interest, Pledged Partnership Interest or Pledged LLC Interest as the case may be, is entitled to take with respect thereto, except the right to receive payments and other distributions to the extent provided herein.

Right to Vote Securities. (a) Unless (x) with respect to any Pledged Security not credited to a Securities Account Account, other than any Uncertificated Security Securities representing shares in a money market fund, an Event of Default shall have occurred and be is continuing or (y) with respect to any Pledged Security credited to a Securities Account and any Financial Asset financial asset underlying any Pledged Security or Security Entitlement owned by it and any Uncertificated Securities representing shares in a money market fund, a Specified Event of Default shall have occurred and be continuingis continuing and (ii) the Collateral Agent shall have provided notice to the Lien Grantor of the Collateral Agent’s election to terminate the right of such Lien Grantor to exercise such rights, each Lien Grantor will have the right, from time to time, to vote and to give consents, ratifications and waivers with respect to any Pledged Security owned by it and the Financial Asset financial asset underlying any Pledged Security Entitlement or Security Entitlement, owned by it, and the Collateral Agent will, upon receiving a written request from such Lien Grantor, promptly deliver to such Lien Grantor or as specified in such request such proxies, powers of attorney, consents, ratifications and waivers in respect of any such Pledged Security that is registered in the name of the Collateral Agent or its nominee or any such Pledged Security or Security Entitlement as to which the Collateral Agent or its nominee is the Entitlement Holderentitlement holder, in each case as shall be specified in such request and be in form and substance reasonably satisfactory to the Collateral Agent. Unless (x) with respect to any Pledged Security not credited to a Securities Account other than any Uncertificated Security Securities representing shares in a money market fund, an Event of Default shall have occurred and be is continuing or (y) with respect to any Pledged Security credited to a Securities Account and any Financial Asset financial asset underlying any Pledged Security or Security Entitlement owned by it and any Uncertificated Securities representing of shares in a money market fund, a Specified Event of Default shall have occurred and be continuingis continuing and (ii) the Collateral Agent shall have provided notice to the Lien Grantor of the Collateral Agent’s election to terminate the right of such Lien Grantor to exercise such rights, the Collateral Agent will have no right to take any action which the owner of a Pledged Security, Pledged Partnership Interest or Pledged LLC Interest Interest, is entitled to take with respect thereto, except the right to receive payments and other distributions to the extent provided herein.

Right to Vote Securities. (a) Unless (i) (x) with respect to any Pledged Security not credited to a Securities Account other than any Uncertificated Security representing shares in a money market fund, an Event of Default shall have occurred and be is continuing or (y) with respect to any Pledged Security credited to a Securities Account and any Financial Asset underlying any Pledged Security Entitlement owned by it and any Uncertificated Securities representing shares in a money market fund, a Specified Event of Default shall have occurred and be continuingis continuing and (ii) the Collateral Agent shall have provided notice to the Lien Grantor of the Collateral Agent’s election to terminate the right of such Lien Grantor to exercise such rights, each Lien Grantor will have the right, from time to time, to vote and to give consents, ratifications and waivers with respect to any Pledged Security owned by it and the Financial Asset underlying any Pledged Security Entitlement owned by it, and the Collateral Agent will, upon receiving a written request from such Lien Grantor, promptly deliver to such Lien Grantor or as specified in such request such proxies, powers of attorney, consents, ratifications and waivers in respect of any such Pledged Security that is registered in the name of the Collateral Agent or its nominee or any such Pledged Security Entitlement as to which the Collateral Agent or its nominee is the Entitlement Holder, in each case as shall be specified in such request and be in form and substance reasonably satisfactory to the Collateral Agent. Unless (xi)(x) with respect to any Pledged Security not credited to a Securities Account other than any Uncertificated Security representing shares in a money market fund, an Event of Default shall have occurred and be is continuing or (y) with respect to any Pledged Security credited to a Securities Account and any Financial Asset underlying any Pledged Security Entitlement owned by it and any Uncertificated Securities representing of shares in a money market fund, a Specified Event of Default shall have occurred and be continuingis continuing and (ii) the Collateral Agent shall have provided notice to the Lien Grantor of the Collateral Agent’s election to terminate the right of such Lien Grantor to exercise such rights, the Collateral Agent will have no right to take any action which the owner of a Pledged Security, Pledged Partnership Interest or Pledged LLC Interest is entitled to take with respect thereto, except the right to receive payments and other distributions to the extent provided herein.

Right to Vote Securities. (a) Unless (x) with respect to any Pledged Security not credited to a Securities Account other than any Uncertificated Security representing shares in a money market fund, an Event of Default shall have occurred and be continuing or (y) with respect to any Pledged Security credited to a Securities Account and any Financial Asset underlying any Pledged Security Entitlement owned by it and any Uncertificated Securities representing shares in a money market fund, a Specified Event until receipt of Default shall have occurred and be continuingnotice from the Collateral Agent, each Lien Grantor will have the right, from time to time, to vote and to give consents, ratifications and waivers with respect to any Pledged Security owned by it and the Financial Asset underlying any Pledged Security Entitlement owned by it, and the Collateral Agent will, upon receiving a written request from such Lien Grantor, promptly deliver to such Lien Grantor or as specified in such request such proxies, powers of attorney, consents, ratifications and waivers in respect of any such Pledged Security that is registered in the name of the Collateral Agent or its nominee or any such Pledged Security Entitlement as to which the Collateral Agent or its nominee is the Entitlement Holder, in each case as shall be specified in such request and be in form and substance reasonably satisfactory to the Collateral Agent. Unless (x) with respect directed to any Pledged Security not credited to do so by the Administrative Agent at a Securities Account other than any Uncertificated Security representing shares in a money market fund, time when an Event of Default shall have occurred and be continuing or (y) with respect to any Pledged Security credited to a Securities Account and any Financial Asset underlying any Pledged Security Entitlement owned by unless it and any Uncertificated Securities representing of shares in a money market fund, a Specified Event of Default shall have occurred and be continuinggiven notice to the relevant Lien Grantor, the Collateral Agent will have no right to take any action which the owner of a Pledged Security, Pledged Partnership Interest or Pledged LLC Interest is entitled to take with respect thereto, except the right to receive and retain payments and other distributions to the extent provided hereinin Section 15. For the avoidance of doubt, until an Event of Default shall have occurred and be continuing, the Collateral Agent agrees (i) with respect to each Issuer Control Agreement, not to issue any "instruction" (as defined in Section 8-102 of the UCC) to the Issuer (as defined in such Issuer Control Agreement) and (ii) with respect to each Securities Control Agreement, no to issue any "entitlement order" (as defined in Section 8-102 of the UCC) to the Securities Intermediary (as defined in such Securities Control Agreement).