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 Securities in all matters presented to the stockholders of the Company for vote thereon and to receive the Distributions, except in a manner inconsistent with the terms of this Agreement.

Appears in 1 contract

Samples: Stock Pledge Agreement (GT Biopharma, 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 Securities Stock in all matters presented to the stockholders of the Company Pledgors for vote thereon and to receive the Distributionsthereon, except in a manner inconsistent with the terms of this AgreementAgreement or detrimental to the interests of the Pledgee.

Appears in 1 contract

Samples: Stock Pledge Agreement (Xstream Beverage Network, 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 Securities Shares in all matters presented to the stockholders of the Company for vote thereon and to receive the DistributionsDebtor corporate matters, except as to matters or in a manner inconsistent with the terms of the Securities Purchase Agreement or this 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 Securities in all matters presented to the stockholders of the Company for vote thereon and to receive the Distributionsthereon, except in a manner inconsistent with the terms of this Agreement.

Appears in 1 contract

Samples: Stock Pledge Agreement (Immudyne, Inc.)

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