Special Provisions Relating to Securities. (a) So long as no Event of Default has occurred and is continuing, Obligor shall have the right to exercise all voting, consensual and other powers of ownership pertaining to all Ownership Collateral for all purposes not inconsistent with the terms of any Transaction Document, provided that Obligor shall not vote the Ownership Collateral in any manner that is inconsistent with the terms of any Transaction Document; and the Collateral Agent shall, at Obligor's expense, execute and deliver to Obligor or cause to be executed and delivered to Obligor all such proxies, powers of attorney, dividend and other orders and other instruments, without recourse, as Obligor may reasonably request for the purpose of enabling Obligor to exercise the rights and powers that it is entitled to exercise pursuant to this Section 2.13(a).
Appears in 8 contracts
Samples: Pledge and Security Agreement (Ormat Funding Corp.), Pledge and Security Agreement (Ormat Funding Corp.), Pledge and Security Agreement (Ormat Funding Corp.)
