Right to Vote Securities. (a) Unless an 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 Equity Interests owned by it.
Appears in 2 contracts
Samples: Pledge Agreement (Nortel Networks LTD), Pledge Agreement (Nortel Networks Corp)
Right to Vote Securities. (a) Unless an Event of Default shall have occurred and be continuingcontinuing and Collateral Agent has provided written notice of its exercise of rights pursuant to Section 12(b) below, 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 Equity Interests Security owned by it and the Financial Asset underlying any Pledged Security Entitlement owned by it.
Appears in 2 contracts
Samples: Security Agreement (Cloud Peak Energy Inc.), Security Agreement (Cloud Peak Energy Inc.)