Common use of Rights of the Pledgors Clause in Contracts

Rights of the Pledgors. Throughout the term of this Agreement, so long as no Event of Default has occurred and is continuing, the Pledgors shall have the right to vote the Pledged Stock in all matters presented to the stockholders of the Pledgors for vote thereon, except in a manner inconsistent with the terms of this Agreement or detrimental to the interests of the Pledgee.

Appears in 1 contract

Samples: Stock Pledge Agreement (Xstream Beverage Network, Inc.)

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Rights of the Pledgors. Throughout the term of this Agreement, so long as no Event of Default has occurred and is continuing, the Pledgors shall have the right to vote the Pledged Stock Securities in all matters presented to the stockholders of the Pledgors Company for vote thereonthereon and to receive the Distributions, except in a manner inconsistent with the terms of this Agreement or detrimental to the interests of the PledgeeAgreement.

Appears in 1 contract

Samples: Stock Pledge Agreement (GT Biopharma, Inc.)

Rights of the Pledgors. Throughout the term of this Agreement, so long as no Event of Default has occurred and is continuing, the Pledgors shall have the right to vote the Pledged Stock Shares in all matters presented to the stockholders of the Pledgors for vote thereonDebtor corporate matters, except as to matters or in a manner inconsistent with the terms of this the Securities Purchase Agreement or detrimental to the interests of the Pledgeethis Agreement.

Appears in 1 contract

Samples: Stock Pledge Agreement (International Cutlery LTD)

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Rights of the Pledgors. Throughout the term of this Agreement, so long as no Event of Default has occurred and is continuing, the Pledgors shall have the right to vote the Pledged Stock Securities in all matters presented to the stockholders of the Pledgors Company for vote thereon, except in a manner inconsistent with the terms of this Agreement or detrimental to the interests of the PledgeeAgreement.

Appears in 1 contract

Samples: Stock Pledge Agreement (Immudyne, Inc.)

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