Subsequent Changes Affecting Collateral. The Pledgor represents to the Pledgee that the Pledgor has made its own arrangements for keeping informed of changes or potential changes affecting the Pledged Collateral (including, but not limited to, rights to convert, rights to subscribe, payment of dividends, reorganization or other exchanges, tender offers and voting rights), and the Pledgor agrees that the Pledgee shall have no responsibility or liability for informing the Pledgor of any such changes or potential changes or for taking any action or omitting to take any action with respect thereto.
Subsequent Changes Affecting Collateral. Pledgor represents --------------------------------------- to Lender that Pledgor has made its own arrangements for keeping informed of changes or potential changes affecting the Pledged Collateral pledged by Pledgor (including, but not limited to, rights to convert, rights to subscribe, payment of dividends, reorganization or other exchanges, tender offers and voting rights), and Pledgor agrees that Lender shall have no responsibility or liability for informing Pledgor of any such changes or potential changes or for taking any action or omitting to take any action with respect thereto. Pledgor covenants that it will not, without the prior written consent of Lender, except as expressly provided for and pursuant to the terms and conditions of Section 6.8(c) or (d) of the Loan Agreement, vote to enable, or take any other action to permit, any Issuer to issue any capital stock or to sell or otherwise dispose of, or grant any option with respect to, any of the Pledged Collateral pledged by Pledgor or create or permit to exist any Lien upon or with respect to any of the Pledged Collateral pledged by Pledgor, except for the security interests granted under this Agreement.
Subsequent Changes Affecting Collateral. Pledgor represents to Lender that Pledgor has made its own arrangements for keeping informed of changes or potential changes affecting the Pledged Collateral (including, but not limited to, rights to convert, rights to subscribe, payment of dividends, payments of interest and/or principal, reorganization or other exchanges, tender offers and voting rights), and Pledgor agrees that Lender shall have no responsibility or liability for informing Pledgor of any such changes or potential changes or for taking any action or omitting to take any action with respect thereto. Pledgor covenants that it will not, without the prior written consent of Lender, sell or otherwise dispose of, or grant any option with respect to, any of the Pledged Collateral or create or permit to exist any lien upon or with respect of any of the Pledged Collateral. SECTION 12.
Subsequent Changes Affecting Collateral. The Company represents to the Collateral Agent, the Senior Note Trustee and the Holders of the Senior Notes and the Convertible Note Trustee and the Holders of the Convertible Notes, that the Company has made its own arrangements for keeping informed of changes or potential changes affecting the Collateral (including, but not limited to, rights to convert, rights to subscribe, payment of dividends, payments of interest and/or principal, reorganization or other exchanges, tender offers and voting rights), and the Company agrees that the Collateral Agent, the Senior Note Trustee and the Holders of the Senior Notes, and the Convertible Note Trustee and the Holders of the Convertible Notes shall have no responsibility or liability for informing the Company of any such changes or potential changes or for taking any action or omitting to take any action with respect thereof. Except as not prohibited by the Senior Note Indenture (or the Convertible Note Indenture if the Senior Notes are no longer outstanding and the Senior Note Indenture has been satisfied and discharged), the Company covenants that it will not, without the prior written consent of the applicable Trustee, vote to enable, or take any other action to permit, any Issuer to issue any Capital Stock or other securities or to sell or otherwise dispose of, or grant any option with respect to, any of the Collateral or create or permit to exist any Lien upon or with respect to any of the Collateral, except for, Permitted Liens and the Liens granted under this Security Agreement and the other Senior Note Collateral Documents. The Company will defend the right, title and interest of the Collateral Agent, the Senior Note Trustee and the Holders of the Senior Notes and the Convertible Note Trustee and the Holders of the Convertible Notes in and to the Collateral against the claims and demands of all persons.
Subsequent Changes Affecting Collateral. Pledgor acknowledges that it has made its own arrangements for keeping informed of changes or potential changes affecting the Collateral including, but not limited to, conversions, subscriptions, exchanges, reorganizations, dividends, tender offers, mergers, consolidations, maturity of bonds or other financial assets and shareholder meetings. Pledgor agrees that the Bank has no responsibility to inform Pledgor of such matters or to take any action with respect thereto even if any of the Collateral has been registered in the name of the Bank or its agent or nominee.
Subsequent Changes Affecting Collateral. The Pledgor represents to the Secured Parties that it has made its own arrangements for keeping informed of changes or potential changes affecting the Collateral (including, but not limited to, rights to convert, rights to subscribe, payment of dividends, payments of interest and/or principal, reorganization or other exchanges, tender offers and voting rights), and the Pledgor agrees that the Collateral Agent and the Secured Parties shall have no responsibility or liability for informing the Pledgor of any such changes or potential changes or for taking any action or omitting to take any action with respect thereto. The Pledgor covenants that it will not, without the prior written consent of the Collateral Agent as directed in writing by the Administrative Agent, in the case of the Credit Facility Obligations and any Additional Debtholders (or, if applicable, the Additional Secured Debt Agent), in the case of the Additional Secured Debt, on behalf of the Majority Holders, vote to enable, or take any other action to permit, DP&L to issue any capital stock or other securities convertible into or exercisable for shares of capital stock of DP&L, except issuances of such capital stock or other securities to Pledgor. The Pledgor will defend the right, title and interest of the Collateral Agent and the Secured Parties in and to the Collateral against the claims and demands of all Persons. The Pledgor will advise the Collateral Agent and the Secured Parties promptly, in reasonable detail, of (i) any Lien on any Collateral, and (ii) the occurrence of any other event which could reasonably be expected to have a material adverse effect on the security interest created hereby.
Subsequent Changes Affecting Collateral. The Pledgor represents to the Pledgee that the Pledgor has made its own arrangements for keeping informed of changes or potential changes affecting the Pledged Collateral (including, but not limited to, rights to convert, warrants, rights to subscribe, payment of dividends, reorganization or other exchanges, tender offers and voting rights), and the Pledgor agrees that the Pledgee shall have no responsibility or liability for informing the Pledgor of any such changes or potential changes or for taking any action or omitting to take any action with respect thereto. The Pledgor covenants that it will not, without the prior written consent of the Pledgee, sell or otherwise dispose of, or grant any option, warrant, debenture, or other agreement convertible into the Common Stock with respect to, or enter into any shareholder, voting trust or other agreement with respect to any of the Pledged Collateral or create or permit to exist any lien or encumbrance upon or with respect to any of the Pledged Collateral. 11.
Subsequent Changes Affecting Collateral. Borrower ------------------------------------------ represents to Lender that it has made its own arrangements for keeping informed of changes or potential changes affecting the Collateral, and Borrower agrees that Lender shall not have any responsibility or liability for informing Borrower of any such changes or potential changes or for taking any action or omitting to take any action with respect thereto.
Subsequent Changes Affecting Collateral. The Pledgor represents to the Senior Notes Collateral Agent and the Holders that the Pledgor has made its own arrangements for keeping informed of changes or potential changes affecting the Senior Notes Pledged Collateral (including, but not limited to, rights to convert, rights to subscribe, payment of dividends, payments of interest and/or principal, reorganization or other exchanges, tender offers and voting rights), and the Pledgor agrees that the Senior Notes Collateral Agent and the Holders shall have no responsibility or liability for informing the Pledgor of any such changes or potential changes or for taking any action or omitting to take any action with respect thereto. The Pledgor covenants that it will not, without the prior written consent of the Senior Notes Collateral Agent, vote to enable, or take any other action to permit, the Issuer to sell or otherwise dispose of, or grant any option with respect to, any of the Senior Notes Pledged Collateral or create or permit to exist any Lien upon or with respect to any of the Senior Notes Pledged Collateral (except that the Pledgor may create and permit to exist the Price Note Security Interest in accordance with Section 3 of this Agreement). The Pledgor will defend the right, title and interest of the Senior Notes Collateral Agent and the Holders in and to the Senior Notes Pledged Collateral against the claims and demands of all persons.
Subsequent Changes Affecting Collateral. The Pledgors represent to the Collateral Agent that they have made their own arrangements for keeping informed of changes or potential changes affecting the Pledged Collateral (including, but not limited to, rights to convert, rights to subscribe, payment of interest or other distributions, reorganization or other exchanges, tender offers and voting rights), and the Pledgors agree that the Collateral Agent shall have no responsibility or liability for informing the Pledgors of any such changes or potential changes or for taking any action or omitting to take any action with respect thereto.
