Common use of VOTING, ETC Clause in Contracts

VOTING, ETC. Unless and until an Event of Default (as defined in the Credit Agreement) occurs and is continuing, the Pledgor shall be entitled to vote any and all of the Pledged Collateral; provided, however, that no vote shall be cast or any action taken by Pledgor which would violate or be inconsistent with any of the terms of this Agreement, the Credit Agreement, any other Loan Document or any other instrument or agreement relating to the Secured Obligations, or which would have the effect of impairing the position or interests of the Pledgee or which would authorize or effect actions prohibited under the terms of the Credit Agreement or any Loan Document. All such rights of the Pledgor to vote shall cease upon the occurrence of an Event of Default, if the Pledgee so directs and notifies the Pledgor.

VOTING, ETC. Unless and until an Event of Default (as defined in the Credit Loan Agreement) occurs and is continuing, the Pledgor shall be entitled to vote any and all of the Pledged Collateral; provided, however, that no vote shall be cast or any action taken by Pledgor which would violate or be inconsistent with any of the terms of this Agreement, the Credit Loan Agreement, any other Loan Document Financing Agreement or any other instrument or agreement relating to the Secured ObligationsLiabilities, or which would have the effect of impairing the position or interests of the Pledgee or which would authorize or effect actions prohibited under the terms of the Credit Loan Agreement or any Loan DocumentFinancing Agreement. All such rights of the Pledgor to vote shall cease upon the occurrence of an Event of Default, if the Pledgee so directs and notifies the Pledgor.