Common use of Subsequent Changes Affecting Pledged Collateral Clause in Contracts

Subsequent Changes Affecting Pledged Collateral. 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, reorganization or other exchanges, tender offers and voting rights), and the Pledgor agrees that neither the Agent nor any of the Holders of Secured Obligations shall have any obligation to inform the 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 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 Agent may at any time exchange certificates or instruments representing or evidencing Pledged Shares for certificates or instruments of smaller or larger denominations.

Subsequent Changes Affecting Pledged Collateral. 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 dividendscash distributions or other distributions, reorganization or other exchanges, tender offers and voting rights), and the Pledgor agrees that neither the Agent nor any of the Holders of Secured Obligations shall have any obligation to inform the 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 of a 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 Agent may at any time exchange certificates or instruments representing or evidencing Pledged Shares Membership Interests for certificates or instruments of smaller or larger denominations.

Subsequent Changes Affecting Pledged Collateral. The Pledgor Grantor represents and warrants that it has made its own arrangements for keeping itself informed of changes or and potential changes affecting the its Pledged Collateral (including, but not limited to, rights to convert, rights to subscribe, payment of dividends, payments of interest and/or principal, reorganization or and other exchanges, tender offers and voting rights), and the Pledgor Grantor agrees that neither the Agent nor any of the Holders of Secured Obligations Holder shall have any obligation to inform the Pledgor 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 a 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 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 Shares Collateral for certificates or instruments of smaller or larger denominations.

Subsequent Changes Affecting Pledged Collateral. The Pledgor ----------------------------------------------- Grantor represents and warrants that it has made its own arrangements for keeping itself informed of changes or and potential changes affecting the its Pledged Collateral (including, but not limited to, rights to convert, rights to subscribe, payment of dividends, payments of interest and/or principal, reorganization or and other exchanges, tender offers and voting rights), and the Pledgor Grantor agrees that neither the Agent nor any of the Holders of Secured Obligations Holder shall have any obligation to inform the Pledgor 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 a 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 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 Shares Collateral for certificates or instruments of smaller or larger denominations.

Subsequent Changes Affecting Pledged Collateral. The Pledgor Each ----------------------------------------------- Grantor represents and warrants that it has made its own arrangements for keeping itself informed of changes or and potential changes affecting the its Pledged Collateral (including, but not limited to, rights to convert, rights to subscribe, payment of dividends, payments of interest and/or principal, reorganization or and other exchanges, tender offers and voting rights), and the Pledgor each Grantor agrees that neither the Agent nor any of the Holders of Secured Obligations Holder shall have any obligation to inform the Pledgor 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 a 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 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 Shares Collateral for certificates or instruments of smaller or larger denominations.

Subsequent Changes Affecting Pledged Collateral. 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, reorganization or other exchanges, tender offers and voting rights), and the Pledgor agrees that neither the Agent Agents nor any of the Holders of Secured Obligations Lenders shall have any obligation to inform the Pledgor of any such changes or potential changes or to take any action or omit to take any action with respect thereto. The Collateral Agent may, after upon the occurrence and during the continuation of a 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 Collateral Agent may at any time time, after the occurrence and during the continuation of an Event of Default, exchange certificates or instruments representing or evidencing Pledged Shares Collateral for certificates or instruments of smaller or larger denominations.