Common use of Voting of Collateral Clause in Contracts

Voting of Collateral. Unless and until any "Default" (as defined in Section 8 below) occurs under the Note or this Agreement, Pledgor shall have the right to vote the Shares or any portion thereof for any purpose not inconsistent with the terms of this Agreement. Pledgor shall be entitled to receive and retain cash dividends payable on the Collateral (provided the payment thereof does not violate the terms of this Agreement ), but any and all other dividends or stock or liquidating dividends, interest, distributions in property, returns of capital or other distibutions made on or in respect of the Collateral, whether resulting from a subdivision, combination or reclassification of the outstanding capital stock company received in exchange for Collateral or any part thereof or as a result of any merger, consolidation, acquisition or other exchange of assets to which any such issuer may be a party or otherwise, and any and all cash and other property received in exchage for a redemption of any Collateral shall be and become part of the Collateral and, if received by Pledgor, shall be held in trust for the benefit of Pledgee and shall forthwith be delivered to Pledgeholder (registered in the name of Pledgor and accompanied by proper instruments of assignment executed by Pledgor in accordance with Pledgeholder's instuctions) to be held subject to the terms of this Agreement. Pledgeholder shall execute and deliver (or cause to be executed and delivered) to Pledgor all such proxies, power of attorney, dividend orders, and other instruments as Pledgor may request for the purpose of enabling Pledgor to exercise the voting and/or consensual rights and powers which it is entitled to exercise pursuant to this paragraph 7 and/or to receive the dividends which it is authorized to receive and retain pursuant to this paragraph 7.

Voting of Collateral. Unless and until any "Default" (as defined in Section 8 below) occurs under the Note or this Agreement, Pledgor shall have the right to vote the Shares or any portion thereof for any purpose not inconsistent with the terms of this Agreement. Pledgor shall be entitled to receive and retain cash dividends payable on the Collateral (provided the payment thereof does not violate the terms of this Agreement ), but any and all other dividends or stock or liquidating dividends, interest, distributions in property, returns of capital or other distibutions made on or in respect of the Collateral, whether resulting from a subdivision, combination or reclassification of the outstanding capital stock company received in exchange for Collateral or any part thereof or as a result of any merger, consolidation, acquisition or other exchange of assets to which any such issuer may be a party or otherwise, and any and all cash and other property received in exchage for a redemption of any Collateral shall be and become part of the Collateral and, if received by Pledgor, shall be held in trust for the benefit of Pledgee and shall forthwith be delivered to Pledgeholder (registered in the name of Pledgor and accompanied by proper instruments of assignment executed by Pledgor in accordance with Pledgeholder's instuctions) to be held subject to the terms of this Agreement. Pledgeholder shall execute and deliver (or cause to be executed and delivered) to Pledgor all such proxies, power of attorney, dividend orders, and other instruments as Pledgor may request for the purpose of enabling Pledgor to exercise the voting and/or consensual rights and powers which it is entitled to exercise pursuant to this paragraph 7 and/or to receive the dividends which it is authorized to receive and retain pursuant to this paragraph 7. 8.

Voting of Collateral. Unless and until any "Default" (as defined in Section 8 below) occurs under the Note or this Agreement, Pledgor shall have the right to vote the Shares or any portion thereof for any purpose not inconsistent with the terms of this Agreement. Pledgor shall be entitled to receive and retain cash dividends payable on the Collateral (provided the payment thereof does not violate the terms of this Agreement Agreement), but any and all other dividends or stock or liquidating dividends, interest, distributions in property, returns of capital or other distibutions made on or in respect of the Collateral, whether resulting from a subdivision, combination or reclassification of the outstanding capital stock company received in exchange for Collateral or any part thereof or as a result of any merger, consolidation, acquisition or other exchange of assets to which any such issuer may be a party or otherwise, and any and all cash and other property received in exchage for a redemption of any Collateral shall be and become part of the Collateral and, if received by Pledgor, shall be held in trust for the benefit of Pledgee and shall forthwith be delivered to Pledgeholder (registered in the name of Pledgor and accompanied by proper instruments of assignment executed by Pledgor in accordance with Pledgeholder's instuctions) to be held subject to the terms of this Agreement. Pledgeholder shall execute and deliver (or cause to be executed and delivered) to Pledgor all such proxies, power of attorney, dividend orders, and other instruments as Pledgor may request for the purpose of enabling Pledgor to exercise the voting and/or consensual rights and powers which it is entitled to exercise pursuant to this paragraph 7 and/or to receive the dividends which it is authorized to receive and retain pursuant to this paragraph 7.

Voting of Collateral. Unless and until any "Default" (as defined in Section 8 below) occurs under the Note or this Agreement, Pledgor shall have the right to vote the Shares or any portion thereof for any purpose not inconsistent with the terms of this Agreement. Pledgor shall be entitled to receive and retain cash dividends payable on the Collateral (provided the payment thereof does not violate the terms of this Agreement Agreement), but any and all other dividends or stock or liquidating dividends, interest, distributions in property, returns of capital or other distibutions made on or in respect of the Collateral, whether resulting from a subdivision, combination or reclassification of the outstanding capital stock company received in exchange for Collateral or any part thereof or as a result of any merger, consolidation, acquisition or other exchange of assets to which any such issuer may be a party or otherwise, and any and all cash and other property received in exchage for a redemption of any Collateral shall be and become part of the Collateral and, if received by Pledgor, shall be held in trust for the benefit of Pledgee and shall forthwith be delivered to Pledgeholder (registered in the name of Pledgor and accompanied by proper instruments of assignment executed by Pledgor in accordance with Pledgeholder's instuctions) to be held subject to the terms of this Agreement. Pledgeholder shall execute and deliver (or cause to be executed and delivered) to Pledgor all such proxies, power of attorney, dividend orders, and other instruments as Pledgor may request for the purpose of enabling Pledgor to exercise the voting and/or consensual rights and powers which it is entitled to exercise pursuant to this paragraph 7 and/or to receive the dividends which it is authorized to receive and retain pursuant to this paragraph 7. 8.