Common use of Voting and Consensual Rights Clause in Contracts

Voting and Consensual Rights. Pledgor shall retain the right to vote the Pledged Shares and to exercise any other rights pertaining to the Pledged Shares, provided, however, so long as Pledgor is in "Default" as defined in Paragraph 3 of this Agreement, Secured Parties shall vote the Pledged Shares and exercise any rights pertaining to the Pledged Shares.

Appears in 5 contracts

Samples: Securities Purchase Agreement (United Heritage Corp), Stock Pledge Agreement (United Heritage Corp), Securities Purchase Agreement (United Heritage Corp)

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