Common use of Subsequent Changes Affecting Pledged Collateral Clause in Contracts

Subsequent Changes Affecting Pledged Collateral. Each Pledgor represents and warrants that it has made its own arrangements for keeping itself informed of changes or potential changes affecting the Pledged Collateral (including, but not limited to, rights to convert, rights to subscribe, payment of dividends, cash distributions or other distributions, reorganizations or other exchanges, tender offers and voting rights), and each Pledgor agrees that neither the Administrative Agent nor any of the Lenders shall have any obligation to inform the Pledgors of any such changes or potential changes or to take any action or omit to take any action with respect thereto. The Administrative Agent may, after the occurrence and during the continuance of an Event of Default, without notice and at its option, transfer or register the Pledged Collateral or any part thereof into its or its nominee’s name with or without any indication that such Pledged Collateral is subject to the security interest hereunder. In addition, the Administrative Agent may, after the occurrence and during the continuance of an Event of Default, exchange certificates or instruments representing or evidencing Pledged Interests for certificates or instruments of smaller or larger denominations.

Subsequent Changes Affecting Pledged Collateral. Each Pledgor represents and warrants that it has made its own arrangements for keeping itself informed of changes or potential changes affecting the Pledged Collateral (including, but not limited to, rights to convert, rights to subscribe, payment of dividends, cash distributions or other distributions, reorganizations or other exchanges, tender offers and voting rights), and each Pledgor agrees that neither the Administrative Agent nor any of the Lenders Secured Parties shall have any obligation to inform the Pledgors of any such changes or potential changes or to take any action or omit to take any action with respect thereto. The Administrative Agent may, after the occurrence and during the continuance of an Event of Default, without notice and at its option, transfer or register the Pledged Collateral or any part thereof into its or its nominee’s name with or without any indication that such Pledged Collateral is subject to the security interest hereunder. In addition, the Administrative Agent may, after the occurrence and during the continuance of an Event of Default, exchange certificates or instruments representing or evidencing Pledged Stock, Pledged Membership Interests or Pledged Partnership Interests for certificates or instruments of smaller or larger denominations.

Subsequent Changes Affecting Pledged Collateral. Each The Pledgor represents and warrants that it has made its own arrangements for keeping itself informed of changes or potential changes affecting the Pledged Collateral (including, but not limited to, rights to convert, rights to subscribe, payment of dividends, cash distributions or other distributions, reorganizations or other exchanges, tender offers and voting rights), and each the Pledgor agrees that neither the Administrative Agent nor any of the Lenders Holders of Secured Obligations shall have any obligation to inform the Pledgors Pledgor of any such changes or potential changes or to take any action or omit to take any action with respect thereto. The Administrative Agent may, after the occurrence and during the continuance of an Event of a Default, without upon notice and at its option, transfer or register the Pledged Collateral or any part thereof into its or its nominee’s name with or without any indication that such Pledged Collateral is subject to the security interest hereunder. In addition, the Administrative Agent may, after the occurrence and during the continuance of an Event of a Default, exchange certificates or instruments representing or evidencing Pledged Shares, Pledged Membership Interests or Pledged Partnership Interests for certificates or instruments of smaller or larger denominations.

Subsequent Changes Affecting Pledged Collateral. Each Pledgor represents and warrants that it has made its own arrangements for keeping itself informed of changes or potential changes affecting the Pledged Collateral (including, but not limited to, rights to convert, rights to subscribe, payment of dividends, cash distributions or other distributions, reorganizations or other exchanges, tender offers and voting rights), and each Pledgor agrees that neither the Administrative Collateral Agent nor any of the Lenders Secured Parties shall have any obligation to inform the Pledgors of any such changes or potential changes or to take any action or omit to take any action with respect thereto. The Administrative Collateral Agent may, after the occurrence and during the continuance of an Event of Default, without notice and at its option, transfer or register the Pledged Collateral or any part thereof into its or its nominee’s name with or without any indication that such Pledged Collateral is subject to the security interest hereunder. In addition, the Administrative Collateral Agent may, after the occurrence and during the continuance of an Event of Default, exchange certificates or instruments representing or evidencing Pledged Stock, Pledged Membership Interests or Pledged Partnership Interests for certificates or instruments of smaller or larger denominations.

Subsequent Changes Affecting Pledged Collateral. Each The Pledgor represents and warrants that it he has made its his own arrangements for keeping itself himself informed of changes or potential changes affecting the Pledged Collateral (including, but not limited to, rights to convert, rights to subscribe, payment of dividends, cash distributions or other distributions, reorganizations reorganization or other exchanges, tender offers and voting rights), and each the Pledgor agrees that neither CITBC nor the Administrative Agent nor any of the Lenders shall have any an obligation to inform the Pledgors Pledgor of any such changes or potential changes or to take any action or omit to take any action with respect thereto. The Administrative Agent may, after the occurrence and during the continuance of an Event of Default, without notice and at its option, transfer or register the Pledged Collateral or any part thereof into its or its nominee’s 's name with or without any indication that such Pledged Collateral is subject to the security interest hereunder. In addition, the Administrative Agent may, after the occurrence and during the continuance of an Event of Default, may at any time exchange certificates or instruments representing or evidencing Pledged Interests Shares for certificates or instruments of smaller or larger denominations.

Subsequent Changes Affecting Pledged Collateral. Each Pledgor represents and warrants that it has made its own arrangements for keeping itself informed of changes or potential changes affecting the Pledged Collateral (including, but not limited to, rights to convert, rights to subscribe, payment of dividends, cash distributions or other distributions, reorganizations distributions reorganization or other exchanges, tender offers and voting rights), and each Pledgor agrees that neither the Administrative Agent nor any of the Lenders Holders of Secured Obligations shall have any obligation to inform the Pledgors such Pledgor of any such changes or potential changes or to take any action or omit to take any action with respect thereto. The Administrative Agent may, after the occurrence and during the continuance of an Event of a Default, without notice and at its option, transfer or register the Pledged Collateral or any part thereof into its or its nominee’s 's name with or without any indication that such Pledged Collateral is subject to the security interest hereunder. In addition, the Administrative Agent may, may after the occurrence and during the continuance of an Event of Default, a Default exchange certificates or instruments representing or evidencing Pledged Interests Shares, for certificates or instruments of smaller or larger denominations.

Subsequent Changes Affecting Pledged Collateral. Each The Pledgor represents and warrants that it has made its own arrangements for keeping itself informed of changes or and potential changes affecting the Pledged Collateral (including, but not limited to, rights to convert, rights to subscribe, payment of dividends, cash distributions or other distributions, reorganizations or reorganization and other exchanges, tender offers and voting rights), and each the Pledgor agrees that neither the Administrative Agent nor any of the Lenders Secured Parties shall have any obligation to inform the Pledgors Pledgor of any such changes or potential changes or to take any action or omit to take any action with respect thereto. The Administrative Agent may, after the occurrence and during the continuance of an Event of Default, without notice and at its option, transfer or register the Pledged Collateral or any part thereof into its or its nominee’s 's name with or without any indication that such Pledged Collateral is subject to the security interest hereunder. In addition, the Administrative Agent may, after the occurrence and during the continuance of an Event of Default, may at any time exchange certificates or instruments representing or evidencing the Pledged Interests Stock for certificates or instruments of smaller or larger denominations.

Subsequent Changes Affecting Pledged Collateral. Each The Pledgor represents and warrants that it has made its own arrangements for keeping itself informed of changes or potential changes affecting the Pledged Collateral (including, but not limited to, rights to convert, rights to subscribe, payment of dividends, cash distributions or other distributions, reorganizations distributions reorganization or other exchanges, tender offers and voting rights), and each the Pledgor agrees that neither the Administrative Agent nor any of the Lenders Holders of Secured Obligations shall have any obligation to inform the Pledgors Pledgor of any such changes or potential changes or to take any action or omit to take any action with respect thereto. The Administrative Agent may, after the occurrence and during of a default by the continuance of an Event of Pledgor hereunder or under the Limited Guaranty ( a "Specified Default"), without notice and at its option, transfer or register the Pledged Collateral or any part thereof into its or its nominee’s 's name with or without any indication that such Pledged Collateral is subject to the security interest hereunder. In addition, the Administrative Agent may, may after the occurrence and during the continuance of an Event of Default, a Specified Default exchange certificates or instruments representing or evidencing Pledged Interests Shares for certificates or instruments of smaller or larger denominations.

Subsequent Changes Affecting Pledged Collateral. Each The Pledgor represents and warrants that it has made its own arrangements for keeping itself informed of changes or potential changes affecting the Pledged Collateral (including, but not limited to, rights to convert, rights to subscribe, payment of dividends, cash distributions or other distributions, reorganizations or other exchanges, tender offers and voting rights), and each the Pledgor agrees that neither the Administrative Agent nor any of the Lenders Holders of Secured Obligations shall have any obligation to inform the Pledgors Pledgor of any such changes or potential changes or to take any action or omit to take any action with respect thereto. The Administrative Agent may, after the occurrence and during the continuance of an Event of a Default, without upon notice and at its option, transfer or register the Pledged Collateral or any part thereof into its or its nominee’s 's name with or without any indication that such Pledged Collateral is subject to the security interest hereunder. In addition, the Administrative Agent may, after the occurrence and during the continuance of an Event of a Default, exchange certificates or instruments representing or evidencing Pledged Shares, Pledged Membership Interests or Pledged Partnership Interests for certificates or instruments of smaller or larger denominations.

Subsequent Changes Affecting Pledged Collateral. Each The Pledgor represents and warrants that it has made its own arrangements for keeping itself informed of changes or potential changes affecting the Pledged Collateral (including, but not limited to, rights to convert, rights to subscribe, payment of dividends, cash distributions or other distributions, reorganizations reorganization or other exchanges, tender offers and voting rights), and each the Pledgor agrees that neither the Administrative Agent nor any of the Lenders Holders of Secured Obligations shall have any obligation to inform the Pledgors Pledgor of any such changes or potential changes or to take any action or omit to take any action with respect thereto. The Administrative Agent may, after the occurrence and during the continuance of an Event of a Default, without notice and at its option, transfer or register the Pledged Collateral or any part thereof into its or its nominee’s 's name with or without any indication that such Pledged Collateral is subject to the security interest hereunder. In addition, the Administrative Agent may, after the occurrence and during the continuance of an Event of Default, may at any time exchange certificates or instruments representing or evidencing Pledged Interests Shares for certificates or instruments of smaller or larger denominations. 5.

Subsequent Changes Affecting Pledged Collateral. Each Pledgor represents and warrants that it has made its own arrangements for keeping itself informed of changes or potential changes affecting the Pledged Collateral (including, but not limited to, rights to convert, rights to subscribe, payment of dividends, cash distributions or other distributions, reorganizations or other exchanges, tender offers and voting rights), and each Pledgor agrees that neither the Administrative Collateral Agent nor any of the Lenders Holders of Secured Obligations shall have any obligation to inform the Pledgors of any such changes or potential changes or to take any action or omit to take any action with respect thereto. The Administrative Collateral Agent may, after the occurrence and during the continuance of an Event of Default, without notice and at its option, transfer or register the Pledged Collateral or any part thereof into its or its nominee’s name with or without any indication that such Pledged Collateral is subject to the security interest hereunder. In addition, the Administrative Collateral Agent may, after the occurrence and during the continuance of an Event of Default, exchange certificates or instruments representing or evidencing Pledged Stock, Pledged Membership Interests or Pledged Partnership Interests for certificates or instruments of smaller or larger denominations.

Subsequent Changes Affecting Pledged Collateral. Each The Pledgor represents and warrants that it has made its own arrangements for keeping itself informed of changes or potential changes affecting the Pledged Collateral (including, but not limited to, rights to convert, rights to subscribe, payment of dividends, cash distributions or other distributions, reorganizations distributions reorganization or other exchanges, tender offers and voting rights), and each the Pledgor agrees that neither the Administrative Agent nor any of the Lenders shall have any obligation to inform the Pledgors Pledgor of any such changes or potential changes or to take any action or omit to take any action with respect thereto. The Administrative Agent may, after the occurrence and during the continuance of an Event of a Default, without notice and at its option, transfer or register the Pledged Collateral or any part thereof into its or its nominee’s name with or without any indication that such Pledged Collateral is subject to the security interest hereunder. In addition, the Administrative Agent may, after the occurrence and may during the continuance of an Event of Default, a Default exchange certificates or instruments representing or evidencing Pledged Membership Interests for certificates or instruments of smaller or larger denominations.

Subsequent Changes Affecting Pledged Collateral. Each The Pledgor represents and warrants that it has made its own arrangements for keeping itself informed of changes or potential changes affecting the Pledged Collateral (including, but not limited to, rights to convert, rights to subscribe, payment of dividends, cash distributions or other distributions, reorganizations distributions reorganization or other exchanges, tender offers and voting rights), and each the Pledgor agrees that neither the Administrative Agent nor any of the Lenders Holders of Secured Obligations shall have any obligation to inform the Pledgors Pledgor of any such changes or potential changes or to take any action or omit to take any action with respect thereto. The Administrative Agent may, after the occurrence and during the continuance of an Event of a Default, without notice and at its option, transfer or register the Pledged Collateral or any part thereof into its or its nominee’s 's name with or without any indication that such Pledged Collateral is subject to the security interest hereunder. In addition, the Administrative Agent may, may after the occurrence and during the continuance of an Event of Default, a Default exchange certificates or instruments representing or evidencing Pledged Interests Shares, for certificates or instruments of smaller or larger denominations.

Subsequent Changes Affecting Pledged Collateral. Each Pledgor represents and warrants that it has made its own arrangements for keeping itself informed of changes or potential changes affecting the Pledged Collateral (including, but not limited to, rights to convert, rights to subscribe, payment of dividends, cash distributions or other distributions, reorganizations or other exchanges, tender offers and voting rights), and each Pledgor Pxxxxxx agrees that neither the Administrative Agent nor any of the Lenders shall have any obligation to inform the Pledgors Pxxxxxx of any such changes or potential changes or to take any action or omit to take any action with respect thereto. The Administrative Agent may, after the occurrence and during the continuance of an Event of Default, without notice and at its option, transfer or register the Pledged Collateral or any part thereof into its or its nominee’s name with or without any indication that such Pledged Collateral is subject to the security interest hereunder. In addition, the Administrative Agent may, after the occurrence and during the continuance of an Event of Default, exchange certificates or instruments representing or evidencing Pledged Interests for certificates or instruments of smaller or larger denominations.

Subsequent Changes Affecting Pledged Collateral. Each The Pledgor represents and warrants that it has made its own arrangements for keeping itself informed of changes or potential changes affecting the Pledged Collateral (including, but not limited to, rights to convert, rights to subscribe, payment of dividends, cash distributions or other distributions, reorganizations reorganization or other exchanges, tender offers and voting rights), and each the Pledgor agrees that neither the Administrative Agent nor any of the Lenders Lenders, Issuing Banks, the European Administrative Agent, the Syndication Agent or any other Holder shall have any obligation to inform the Pledgors Pledgor of any such changes or potential changes or to take any action or omit to take any action with respect thereto. The Administrative Agent may, after upon the occurrence and during the continuance continuation of an Event of Default, without notice and at its option, transfer or register the Pledged Collateral or any part thereof into its or its nominee’s 's name with or without any indication that such Pledged Collateral is subject to the security interest hereunder. In addition, the Administrative Agent maymay at any time, after the occurrence and during the continuance continuation of an Event of Default, exchange certificates or instruments representing or evidencing Pledged Interests Collateral for certificates or instruments of smaller or larger denominations.

Subsequent Changes Affecting Pledged Collateral. Each The Pledgor represents and warrants that it has made its own arrangements for keeping itself informed of changes or potential changes affecting the Pledged Collateral (including, but not limited to, rights to convert, rights to subscribe, payment of dividends, cash distributions or other distributions, reorganizations distributions reorganization or other exchanges, tender offers and voting rights), and each the Pledgor agrees that neither the Administrative Agent nor any of the Lenders Holders of Secured Obligations shall have any obligation to inform the Pledgors Pledgor of any such changes or potential changes or to take any action or omit to take any action with respect thereto. The Administrative Agent may, after the occurrence and during the continuance of an Event of a Default, without notice and at its option, transfer or register the Pledged Collateral or any part thereof into its or its nominee’s 's name with or without any indication that such Pledged Collateral is subject to the security interest hereunder. In addition, the Administrative Agent may, after the occurrence and may during the continuance of an Event of Default, a Default exchange certificates or instruments representing or evidencing Pledged Shares, Pledged Membership Interests or Pledged Partnership Interests for certificates or instruments of smaller or larger denominations.

Subsequent Changes Affecting Pledged Collateral. Each Pledgor represents and warrants that it has made its own arrangements for keeping itself informed of changes or potential changes affecting the Pledged Collateral (including, but not limited to, rights to convert, rights to subscribe, payment of dividends, cash distributions or other distributions, reorganizations or other exchanges, tender offers and voting rights), and each Pledgor agrees that neither the Administrative Agent nor any of the Lenders shall have any obligation to inform the Pledgors of any such changes or potential changes or to take any action or omit to take any action with respect thereto. The Administrative Agent may, after the occurrence and during the continuance of an Event of Default, without notice and at its option, transfer or register the Pledged Collateral or any part thereof into its or its nominee’s name with or without any indication that such Pledged Collateral is subject to the security interest hereunder. In addition, the Administrative Agent may, after the occurrence and during the continuance of an Event of Default, exchange certificates or instruments representing or evidencing Pledged Interests Stock for certificates or instruments of smaller or larger denominations.

Subsequent Changes Affecting Pledged Collateral. Each The Pledgor ----------------------------------------------- represents and warrants that it has made its own arrangements for keeping itself informed of changes or potential changes affecting the Pledged Collateral (including, but not limited to, rights to convert, rights to subscribe, payment of dividends, cash distributions or other distributions, reorganizations reorganization or other exchanges, tender offers and voting rights), and each the Pledgor agrees that neither the Administrative Agent nor any of the Lenders Holders of Secured Obligations shall have any obligation to inform the Pledgors Pledgor of any such changes or potential changes or to take any action or omit to take any action with respect thereto. The Administrative Agent may, after the occurrence and during the continuance of an Event of a Default, without notice and at its option, transfer or register the Pledged Collateral or any part thereof into its or its nominee’s 's name with or without any indication that such Pledged Collateral is subject to the security interest hereunder. In addition, the Administrative Agent may, may after the occurrence and during the continuance of an Event of Default, a Default exchange certificates or instruments representing or evidencing Pledged Shares, Pledged Membership Interests or Pledged Partnership Interests for certificates or instruments of smaller or larger denominations.

Subsequent Changes Affecting Pledged Collateral. Each Pledgor of the Pledgors represents and warrants that it has made its own arrangements for keeping itself is relying on the Borrower to keep it informed of changes or potential changes affecting the Pledged Collateral (including, but not limited to, rights to convert, rights to subscribe, payment of dividends, cash distributions or other distributions, reorganizations reorganization or other exchanges, tender offers and voting rights), and each Pledgor of the Pledgors agrees that neither the Administrative Agent nor any of the Lenders shall have any no obligation to inform the Pledgors of any such changes or potential changes or to take any action or omit to take any action with respect thereto. The Administrative Agent may, after the occurrence and during the continuance of an Event of DefaultDefault has occurred and is continuing, without notice and at its option, option transfer or register the Pledged Collateral or any part thereof into its or its nominee’s 's name with or without any indication that such Pledged Collateral is subject to the security interest hereunder. In in addition, the Administrative Agent may, after the occurrence and during the continuance of an Event of Default, may at any time exchange certificates or instruments representing or evidencing Pledged Membership Interests for certificates or instruments of smaller or larger denominations.

Subsequent Changes Affecting Pledged Collateral. Each The Pledgor ----------------------------------------------- represents and warrants that it has made its own arrangements for keeping itself informed of changes or potential changes affecting the Pledged Collateral (including, but not limited to, rights to convert, rights to subscribe, payment of dividends, cash distributions or other distributions, reorganizations reorganization or other exchanges, tender offers and voting rights), and each the Pledgor agrees that neither the Administrative Agent nor any of the Lenders Holders of Secured Obligations shall have any obligation to inform the Pledgors Pledgor of any such changes or potential changes or to take any action or omit to take any action with respect thereto. The Administrative Agent may, after the occurrence and during the continuance of an Event of a Default, without notice and at its option, transfer or register the Pledged Collateral or any part thereof into its or its nominee’s 's name with or without any indication that such Pledged Collateral is subject to the security interest hereunder. In addition, the Administrative Agent may, after the occurrence and during the continuance of an Event of Default, may at any time exchange certificates or instruments representing or evidencing Pledged Interests Shares for certificates or instruments of smaller or larger denominations.