Rights Relating to Pledged Shares. Upon the occurrence of an Event of Default (as defined herein), the Collateral Agent shall be entitled to vote the Pledged Shares, receive dividends and other distributions thereon, and enjoy all other rights and privileges incident to the ownership of the number of Pledged Shares actually released from escrow in accordance with Section 6.1 hereof on behalf of the Buyers.
Appears in 5 contracts
Samples: Pledge and Escrow Agreement (Cobalis Corp), Pledge and Escrow Agreement (Pacer Health Corp), Pledge and Escrow Agreement (IQ Micro Inc.)
