Common use of Subsequent Changes Affecting Pledged Collateral Clause in Contracts

Subsequent Changes Affecting Pledged Collateral. The Grantor represents and warrants that it has made its own arrangements for keeping itself informed of changes and potential changes affecting its Pledged Collateral (including, but not limited to, rights to convert, rights to subscribe, payment of dividends, payments of interest and/or principal, reorganization and other exchanges, tender offers and voting rights), and the Grantor agrees that neither the Agent nor any Holder shall have any obligation to inform the Grantor of any such changes or potential changes or to take any action or omit to take any action with respect thereto. The 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 Lien hereunder. In addition, the Agent may at any time after the occurrence and during the continuance of an Event of Default exchange certificates or instruments representing or evidencing the Pledged Collateral for certificates or instruments of smaller or larger denominations.

Subsequent Changes Affecting Pledged Collateral. The Grantor Pledgor represents and warrants that it has made its own arrangements for keeping itself informed of changes and or potential changes affecting its the Pledged Collateral (including, but not limited to, rights to convert, rights to subscribe, payment of dividends, payments of interest and/or principal, reorganization and or other exchanges, tender offers and voting rights), and the Grantor Pledgor agrees that neither the Agent nor any Holder of the Holders of Secured Obligations shall have any obligation to inform the Grantor Pledgor of any such changes or potential changes or to take any action or omit to take any action with respect thereto. The 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 Lien security interest hereunder. In addition, the Agent may at any time after the occurrence and during the continuance of an Event of Default exchange certificates or instruments representing or evidencing the Pledged Collateral Shares for certificates or instruments of smaller or larger denominations.

Subsequent Changes Affecting Pledged Collateral. The Grantor Pledgor represents and warrants that it has made its own arrangements for keeping itself informed of changes and or potential changes affecting its the Pledged Collateral (including, but not limited to, rights to convert, rights to subscribe, payment of dividends, payments of interest and/or principalcash distributions or other distributions, reorganization and or other exchanges, tender offers and voting rights), and the Grantor Pledgor agrees that neither the Agent nor any Holder of the Holders of Secured Obligations shall have any obligation to inform the Grantor Pledgor of any such changes or potential changes or to take any action or omit to take any action with respect thereto. The 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 Lien security interest hereunder. In addition, the Agent may at any time after the occurrence and during the continuance of an Event of Default exchange certificates or instruments representing or evidencing the Pledged Collateral Membership Interests for certificates or instruments of smaller or larger denominations.

Subsequent Changes Affecting Pledged Collateral. The ----------------------------------------------- Grantor represents and warrants that it has made its own arrangements for keeping itself informed of changes and potential changes affecting its Pledged Collateral (including, but not limited to, rights to convert, rights to subscribe, payment of dividends, payments of interest and/or principal, reorganization and other exchanges, tender offers and voting rights), and the Grantor agrees that neither the Agent nor any Holder shall have any obligation to inform the Grantor of any such changes or potential changes or to take any action or omit to take any action with respect thereto. The 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 Lien hereunder. In addition, the Agent may at any time after the occurrence and during the continuance of an Event of Default exchange certificates or instruments representing or evidencing the Pledged Collateral for certificates or instruments of smaller or larger denominations.

Subsequent Changes Affecting Pledged Collateral. The Each ----------------------------------------------- Grantor represents and warrants that it has made its own arrangements for keeping itself informed of changes and potential changes affecting its Pledged Collateral (including, but not limited to, rights to convert, rights to subscribe, payment of dividends, payments of interest and/or principal, reorganization and other exchanges, tender offers and voting rights), and the each Grantor agrees that neither the Agent nor any Holder shall have any obligation to inform the any Grantor of any such changes or potential changes or to take any action or omit to take any action with respect thereto. The 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 Lien hereunder. In addition, the Agent may at any time after the occurrence and during the continuance of an Event of Default exchange certificates or instruments representing or evidencing the Pledged Collateral for certificates or instruments of smaller or larger denominations.