Special Provisions Relating to Stock Collateral. (a) So long as no Event of Default shall have occurred and be continuing, the Grantors shall have the right to exercise all voting, consensual and other powers of ownership pertaining to the Stock Collateral for all purposes not inconsistent with the terms of any Transaction Document; provided, that the Grantors agree that they will not vote the Stock Collateral in any manner that is inconsistent with the terms of any Transaction Document.
Appears in 2 contracts
Samples: Assumption Agreement (Perseus Partners Vii L P), Pledge and Security Agreement (Photomedex Inc)
Special Provisions Relating to Stock Collateral. (a) So long as no Event of Default shall have occurred and be continuing, the Grantors Grantor shall have the right to exercise all voting, consensual and other powers of ownership pertaining to the Stock Collateral for all purposes not inconsistent with the terms of any Transaction Documentloan document; provided, that the Grantors agree Grantor agrees that they it will not vote the Stock Collateral in any manner that is inconsistent with the terms of any Transaction Documentloan document.
Appears in 2 contracts
Samples: Pledge and Security Agreement (Pearl Frank H), Pledge and Security Agreement (Imageware Systems Inc)
Special Provisions Relating to Stock Collateral. (a) So long as no Event of Default shall have occurred and be continuing, the Grantors Grantor shall have the right to exercise all voting, consensual and other powers of ownership pertaining to the Stock Collateral for all purposes not inconsistent with the terms of any Transaction Documentloan document; providedPROVIDED, that the Grantors agree Grantor agrees that they it will not vote the Stock Collateral in any manner that is inconsistent with the terms of any Transaction Documentloan document.
Appears in 1 contract
Samples: Pledge and Security Agreement (Imageware Systems Inc)
Special Provisions Relating to Stock Collateral. (a) So long as no Event of Default shall have occurred and be continuing, the Grantors Grantor shall have the right to exercise all voting, consensual and other powers of ownership pertaining to the Stock Collateral for all purposes not inconsistent with the terms of any Transaction Document; provided, that the Grantors agree Grantor agrees that they it will not vote the Stock Collateral in any manner that is inconsistent with the terms of any Transaction Document.
Appears in 1 contract
Samples: Securities Purchase Agreement (Distributed Energy Systems Corp)
Special Provisions Relating to Stock Collateral. (a) So long as no Event of Default shall have occurred and be continuing, the Grantors Grantor shall have the right to exercise all voting, consensual and other powers of ownership pertaining to the Stock Collateral for all purposes not inconsistent with the terms of any Transaction Document; provided, that the Grantors agree Grantor agrees that they it will not vote the Stock Collateral in any manner that is inconsistent with the terms of any Transaction Document.
Appears in 1 contract
Special Provisions Relating to Stock Collateral. (a) So long as no Event of Default shall have occurred and be continuing, the Grantors each Grantor shall have the right to exercise all voting, consensual and other powers of ownership pertaining to the Stock Collateral for all purposes not inconsistent with the terms of any Transaction Document; provided, that the Grantors agree such Grantor agrees that they it will not vote the Stock Collateral in any manner that is inconsistent with the terms of any Transaction Document.
Appears in 1 contract
Samples: Securities Purchase Agreement (Distributed Energy Systems Corp)
