Common use of Subscription Rights Clause in Contracts

Subscription Rights. No Secured Party shall be under any obligation to exercise or to give the Company notice of any subscription rights or privileges, any rights to exchange, convert or redeem or any other rights or privileges relating to any of the Pledged Collateral.

Appears in 3 contracts

Samples: Pledge Agreement, Pledge Agreement (Tracinda Corp), Credit Agreement (Kerkorian Kirk)

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Subscription Rights. No The Secured Party shall not be under any obligation to exercise or to give the Company Pledgor notice of any subscription rights or privileges, any rights to exchange, convert or redeem or any other rights or privileges relating to any of the Pledged Collateral.

Appears in 1 contract

Samples: Pledge Agreement (Tracinda Corp)

Subscription Rights. No The Secured Party shall not be under any obligation to exercise or to give the Company notice of any subscription rights or privileges, any rights to exchange, convert or redeem or any other rights or privileges relating to any of the Pledged Collateral.

Appears in 1 contract

Samples: Pledge Agreement (Tracinda Corp)

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Subscription Rights. No Secured Party shall be under any obligation to exercise or to give the Company Pledgor notice of any subscription rights or privileges, any rights to exchange, convert or redeem or any other rights or privileges relating to any of the Pledged Collateral.

Appears in 1 contract

Samples: Pledge Agreement (Tracinda Corp)

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