Stock Adjustments And Dividends. If during the term of this Agreement, any stock dividend, reclassification, readjustment or other change is declared or made in the capital structure of the Company or any Future Subsidiary or any option included within the Collateral is exercised, or both, all new, substituted and additional shares, or other securities, issued to Pledgor by reason of any such change or exercise shall be delivered to and held by Pledgee under the terms of this Agreement in the same manner as the Collateral originally pledged hereunder. Except as expressly permitted under the terms of the Loan Agreement, if, during the term of this Agreement, any dividend or other distribution is made on account of the Collateral, Pledgor shall immediately deliver all such dividends or other distributions to Pledgee in the same form received and in the same manner as the Collateral pledged hereunder.
Stock Adjustments And Dividends. If during the term of this Agreement, any stock dividend, reclassification, readjustment or other change is declared or made in the capital structure of any Company or Future Subsidiary or any option included within the Collateral is exercised, or both, all new, substituted and additional shares, or other securities, issued to Pledgor by reason of any such change or exercise shall be delivered to and held by Pledgee under the terms of this Agreement in the same manner as the Collateral originally pledged hereunder. During the term of this Agreement and so long as there shall not have occurred an Event of Default, Pledgor shall have the right to receive any dividend or other distribution (other than dividends or distributions of stock) made on account of the Collateral; provided, however, that upon the occurrence of an Event of Default, unless otherwise permitted under the terms of the Loan Agreement or the Intercompany Subordination Agreement (as defined in the Loan Agreement) Pledgor shall immediately deliver all such dividends or other distributions to Pledgee in the same form received (except that dividends received in cash shall be remitted to the Blocked Account) and in the same manner as the Collateral pledged hereunder.
Stock Adjustments And Dividends. If during the term of this Pledge Agreement, any stock dividend, reclassification, readjustment or other change is declared or made in the capital structure of any Company or any option included within the Pledged Securities is exercised, or both, all new, substituted and additional shares, or other securities, issued to Pledgor by reason of any such change or exercise shall be delivered to and held by Secured Party under the terms of this Pledge Agreement in the same manner as the Pledged Securities originally pledged hereunder. If during the term of this Pledge Agreement, any dividend or other distribution is made on account of the Pledged Securities, Pledgor shall immediately deliver all such dividends or other distributions to Secured Party in the same form received and in the same manner as the Pledged Securities pledged hereunder.
Stock Adjustments And Dividends. If during the term of this Agreement, any stock dividend, reclassification, readjustment or other change is declared or made in the capital structure of the Company, or both, all new, substituted and additional shares, or other securities, issued to Pledgor by reason of any such change or exercise shall be delivered to and held by the Company under the terms of this Agreement in the same manner as the Collateral originally pledged hereunder.
Stock Adjustments And Dividends. If during the term of this Amended and Restated Pledge Agreement, any stock dividend, reclassification, readjustment or other change is declared or made in the capital structure of the Company or any option included within the Collateral is exercised, or both, all new, substituted and additional shares, or other securities, issued to Pledgor by reason of any such change or exercise shall be delivered to and held by Pledgee under the terms of this Amended and Restated Pledge Agreement in the same manner as the Collateral originally pledged hereunder. During the term of this Amended and Restated Pledge Agreement and so long as no Event of Default shall have occurred and be continuing, Pledgor shall have the right to receive any dividend or other distribution (other than dividends or distributions of stock) made on account of the Collateral; provided, however, that upon notice to Administrative Borrower upon the occurrence of an Event of Default, Pledgor shall, so long as such Event of Default shall be continuing, promptly deliver all such dividends or other distributions to Pledgee in the same form received and in the same manner as the Collateral pledged hereunder.
Stock Adjustments And Dividends. If during the term of this Agreement, any stock dividend, reclassification, readjustment or other change is declared or made in the capital structure of the Debtor or any option included within the Conversion Shares is exercised, or both, all new, substituted and additional shares, or other securities, issued by reason of any such change or exercise shall be delivered to and held by Holder under the terms of this Agreement in the same manner as the Conversion Shares originally pledged hereunder. If during the term of this Agreement, any dividend or other distribution is made on account of the Conversion Shares, the Debtor shall immediately deliver all such dividends or other distributions to Holder in the same form received and in the same manner as the Conversion Shares pledged hereunder.
Stock Adjustments And Dividends. If during the term of this Agreement, any stock dividend, reclassification, readjustment or other change is declared or made in the capital structure of any Company, the Canadian Subsidiary or any Future Subsidiary or any option included within the Collateral is exercised, or both, all new, substituted and additional shares, or other securities, issued to Pledgor by reason of any such change or exercise shall be delivered to and held by Pledgee under the terms of this Agreement in the same manner as the Collateral originally pledged hereunder. Except as expressly permitted under the terms of the Loan Agreement, if, during the term of this Agreement, any dividend or other distribution is made on account of the Collateral, Pledgor shall immediately deliver all such dividends or other distributions to Pledgee in the same form received and in the same manner as the Collateral pledged hereunder.
Stock Adjustments And Dividends. If during the term of this Agreement, any stock dividend, reclassification, readjustment or other change is declared or made in the capital structure of any Pledged Company or any option included within the Collateral is exercised, or both, all new, substituted and additional shares, or other securities, issued to Pledgor by reason of any such change or exercise shall be delivered to and held by Pledgee, for the ratable benefit of the Secured Parties, under the terms of this Agreement in the same manner as the Collateral originally pledged hereunder. During the term of this Agreement and so long as there shall not have occurred and be continuing an Event of Default, Pledgor shall have the right to receive any dividend or other distribution made on account of the Collateral; provided, however, that upon the occurrence and during the continuance of an Event of Default and after notice by the Pledgee to Pledgor of the Pledgee’s intention to exercise its rights hereunder, Pledgor shall immediately deliver all dividends or other distributions to Pledgee in the same form received and in the same manner as the Collateral pledged hereunder. After all Events of Default have been cured or waived, Pledgee shall promptly release to Pledgor all dividends, interest, principal or other distributions that Pledgor would otherwise be permitted to retain pursuant to the terms of this paragraph. Form of Pledge and Security Agreement
Stock Adjustments And Dividends. If during the term of this ------------------------------- Agreement, any stock dividend, reclassification, readjustment or other change is declared or made in the capital structure of the Company or any option included within the Collateral is exercised, or both, all new, substituted and additional shares, or other securities, issued to Pledgor by reason of any such change or exercise shall be delivered to and held by Pledgee under the terms of this Agreement in the same manner as the Collateral originally pledged hereunder. If during the term of this Agreement, any dividend or other distribution is made on account of the Collateral, Pledgor shall immediately deliver all such dividends or other distributions to Pledgee in the same form received and in the same manner as the Collateral pledged hereunder.
Stock Adjustments And Dividends. If during the term of this Agreement, any stock dividend, reclassification, readjustment or other change is declared or made in the capital structure of the Company or any option included within the Collateral is exercised, or both, all new, substituted and additional shares, or other securities, issued to Pledgor by reason of any such change or exercise shall be delivered to and held by Fremont under the terms of this Agreement in the same manner as the Collateral originally pledged hereunder. If during the term of this Agreement, any dividend or other distribution is made on account of the Collateral, Pledgor shall immediately deliver all such dividends or other distributions to Fremont in the same form received and in the same manner as the Collateral pledged hereunder.
