Common use of Subsequent Changes Affecting Pledged Collateral Clause in Contracts

Subsequent Changes Affecting Pledged Collateral. Each Pledgor represents to Agent that such Pledgor has made its own arrangements for keeping informed of changes or potential changes affecting the Pledged Collateral (including rights to convert, rights to subscribe, payment of dividends, reorganization or other exchanges, tender offers and voting rights), and each Pledgor agrees that Agent shall have no responsibility or liability for informing such Pledgor of any such changes or potential changes or for taking any action or omitting to take any action with respect thereto.

Appears in 2 contracts

Samples: And Consolidated Pledge Agreement (Mastec Inc), Pledge Agreement (Superior Essex Inc)

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Subsequent Changes Affecting Pledged Collateral. Each Pledgor represents to Administrative Agent that such Pledgor has made its own arrangements for keeping informed of changes or potential changes affecting the Pledged Collateral (including rights to convert, rights to subscribe, payment of dividends, reorganization or other exchanges, tender offers and voting rights), and each Pledgor agrees that Administrative Agent shall have no responsibility or liability for informing such any Pledgor of any such changes or potential changes or for taking any action or omitting to take any action with respect thereto.

Appears in 1 contract

Samples: Revolving Credit Agreement (Delek US Holdings, Inc.)

Subsequent Changes Affecting Pledged Collateral. Each The Pledgor represents to the Agent that such the Pledgor has made its own arrangements for keeping informed of changes or potential changes affecting the Pledged Collateral (including including, but not limited to, rights to convert, rights to subscribe, payment of dividends, reorganization or other exchanges, tender offers and voting rights), and each the Pledgor agrees that neither the Agent nor the Lender shall have no any responsibility or liability for informing such the Pledgor of any such changes or potential changes or for taking any action or omitting to take any action with respect thereto.

Appears in 1 contract

Samples: Pledge Agreement (Arison Micky 1994 B Trust)

Subsequent Changes Affecting Pledged Collateral. Each The Pledgor represents to the Agent that such the Pledgor has made its own arrangements for keeping informed of changes or potential changes affecting the Pledged Collateral (including including, but not limited to, rights to convert, rights to subscribe, payment of dividends, reorganization or other exchanges, tender offers and voting rights), and each the Pledgor agrees that neither the Agent nor any Lender shall have no any responsibility or liability for informing such the Pledgor of any such changes or potential changes or for taking any action or omitting to take any action with respect thereto.

Appears in 1 contract

Samples: Pledge Agreement (CCC Information Services Group Inc)

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Subsequent Changes Affecting Pledged Collateral. Each Pledgor represents to Agent that such each Pledgor has made its own arrangements for keeping informed of changes or potential changes affecting the Pledged Collateral (including rights to convert, rights to subscribe, payment of dividends, reorganization or other exchanges, tender offers and voting rights), and each Pledgor agrees that Agent shall have no responsibility or liability for informing such Pledgor of any such changes or potential changes or for taking any action or omitting to take any action with respect thereto.

Appears in 1 contract

Samples: Pledge Agreement (Superior Essex Inc)

Subsequent Changes Affecting Pledged Collateral. Each Pledgor represents to the Administrative Agent that such Pledgor has made its own arrangements for keeping informed of changes or potential changes affecting the Pledged Collateral (including rights to convert, rights to subscribe, payment of dividends, reorganization or other exchanges, tender offers and voting rights), and each Pledgor agrees that the Administrative Agent shall have no responsibility or liability for informing such Pledgor of any such changes or potential changes or for taking any action or omitting to take any action with respect thereto.

Appears in 1 contract

Samples: Pledge Agreement (Mastec Inc)

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