Common use of Stock and Other Ownership Interests Clause in Contracts

Stock and Other Ownership Interests. The Grantor will permit any registerable Collateral to be registered in the name of the Collateral Agent or its nominee at any time at the option of the Required Lenders following the occurrence and during the continuance of an Event of Default.

Appears in 3 contracts

Samples: Credit Agreement (CMS Energy Corp), Pledge and Security Agreement (Consumers Energy Co), Pledge and Security Agreement (CMS Energy Corp)

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Stock and Other Ownership Interests. The Each Grantor will permit any registerable Collateral owned by such Grantor to be registered in the name of the Collateral Agent or its nominee at any time at the option of the Required Lenders Secured Parties following the occurrence and during the continuance of an Event of Default.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Consumers Energy Co), Pledge and Security Agreement (Consumers Energy Co)

Stock and Other Ownership Interests. The Grantor will permit any registerable Collateral to be registered in the name of the Collateral Agent or its nominee at any time at the option of the Required Lenders Secured Parties following the occurrence and during the continuance of an Event of Default.

Appears in 1 contract

Samples: Pledge and Security Agreement (Consumers Energy Co)

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Stock and Other Ownership Interests. The Grantor will permit any registerable Collateral to be registered in the name of the Collateral Administrative Agent or its nominee at any time at the option of the Required Lenders Majority Banks following the occurrence and during the continuance of an Event of Default.

Appears in 1 contract

Samples: Pledge and Security Agreement (CMS Energy Corp)

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