Common use of Title; Stock Rights, Dividends, Etc Clause in Contracts

Title; Stock Rights, Dividends, Etc. The Company will warrant and defend the Agent's title to the Pledged Stock, and the security interest herein created, against all claims of all persons, and will maintain and preserve such security interest. It is understood and agreed that the collateral hereunder includes any stock rights, stock dividends, liquidating dividends, new securities, payments, distributions and proceeds (including cash dividends and sale proceeds) and other property to which the Company may become entitled by reason of the ownership of the Pledged Stock during the existence of this Pledge Agreement, and any such property received by the Company shall be held in trust and forthwith delivered to the Agent to be held hereunder in accordance with the terms of this Pledge Agreement.

Appears in 8 contracts

Samples: Pledge Agreement and Irrevocable Proxy (BMG North America LTD), Pledge Agreement (Prudenville Manufacturing Inc), Pledge Agreement (BMG North America LTD)

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Title; Stock Rights, Dividends, Etc. The Company will warrant and defend the Agent's title to the Pledged Stock, and the security interest herein created, against all claims of all persons, and will maintain and preserve such security interest. It is understood and agreed that the collateral hereunder includes any stock rights, stock dividends, liquidating dividends, new securities, payments, distributions and proceeds (including cash dividends and sale proceeds) and other property to which the Company may become entitled by reason of the ownership of the Pledged Stock during the existence of this Pledge Agreement, and any such property received by the Company shall be held in trust and forthwith delivered to the Agent to be held hereunder in accordance with the terms of this Pledge Agreement.. AMENDED AND RESTATED PLEDGE AGREEMENT AND IRREVOCABLE PROXY

Appears in 1 contract

Samples: Pledge Agreement (Oxford Automotive Inc)

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Title; Stock Rights, Dividends, Etc. The Company will warrant and ----------------------------------- defend the Collateral Agent's title to the Pledged Stock, and the security interest herein created, against all claims of all persons, and will maintain and preserve such security interest. It is understood and agreed that the collateral hereunder includes any stock rights, stock dividends, liquidating dividends, new securities, payments, distributions and proceeds (including cash dividends and sale proceeds) and other property to which the Company may become entitled by reason of the ownership of the Pledged Stock during the existence of this Pledge Agreement, and any such property received by the Company shall be held in trust and forthwith delivered to the Collateral Agent to be held hereunder in accordance with the terms of this Pledge Agreement.

Appears in 1 contract

Samples: Guaranty Agreement (Iae Inc)

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