Common use of Sales of Pledged Shares Clause in Contracts

Sales of Pledged Shares. (a) If, at any time during the continuance of an Event of Default, the Administrative Agent in its sole discretion determines that in connection with any actual or contemplated exercise of its rights to sell the whole or any part of the Collateral hereunder, it is necessary or advisable to effect a public registration of all or part of the Collateral pursuant to the Securities Act of 1933, as from time to time amended (or any similar statute then in effect) (the "Securities Act"), the Company shall:

Appears in 2 contracts

Samples: Family Pledge Agreement (Cinemark Usa Inc /Tx), Family Pledge Agreement (Cinemark Usa Inc /Tx)

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Sales of Pledged Shares. (a) If, at any time during the continuance of an Event of Default, the Administrative Agent in its sole discretion determines that in connection with any actual or contemplated exercise of its rights to sell the whole or any part of the Collateral hereunder, it is necessary or advisable to effect a public registration of all or part of the Collateral pursuant to the Securities Act of 1933, as from time to time amended (or any similar statute then in effect) (the "Securities Act"), the Company Pledgor shall:

Appears in 2 contracts

Samples: Reducing Revolving Credit Agreement (Cinemark Usa Inc /Tx), Credit Agreement (Cinemark Usa Inc /Tx)

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Sales of Pledged Shares. (a) If, at any time during the continuance of an Event of Default, the Administrative Agent in its sole discretion determines that in connection with any actual or contemplated exercise of its rights to sell the whole or any part of the Collateral hereunder, it is necessary or advisable to effect a public registration of all or part of the Collateral pursuant to the Securities Act of 1933, as from time to time amended (or any similar statute then in effect) (the effect)(the "Securities Act"), the Company Pledgor shall:

Appears in 1 contract

Samples: Pledge Agreement (Cinemark Usa Inc /Tx)

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