Voting Rights; Dividends and Distributions; Etc. (a) So long as no Event of Default shall have occurred and be continuing:
Voting Rights; Dividends and Distributions; Etc. (a) So long as no Event of Default shall have occurred and be continuing and the Collateral Agent has not provided the notice contemplated in Section 7(c) below:
Voting Rights; Dividends and Distributions; Etc. (a) So long as no Event of Default shall have occurred and be continuing and three Business Days’ prior written notice has not been received by the Borrower from the Collateral Agent:
Voting Rights; Dividends and Distributions; Etc. Notwithstanding the provisions of SECTION 7, (a) so long as no Default shall have occurred and be continuing:
Voting Rights; Dividends and Distributions; Etc. (a) So long as no Event of Default shall have occurred and be continuing , each Pledgor shall be entitled to exercise any and all voting and other consensual rights pertaining to the Collateral or any part thereof for any purpose not prohibited by the terms of this Pledge Agreement or the other Credit Documents.
Voting Rights; Dividends and Distributions; Etc. Section 8.01 Voting Rights 6 Section 8.02 Dividends and Distributions 6 Section 8.03 Voting Rights, Dividends and Distributions after Event of Default 7
Voting Rights; Dividends and Distributions; Etc. (a) So long as no Event of Default shall have occurred and be continuing: (i) Each Pledgor shall be entitled to exercise any and all voting and other consensual rights pertaining to the Collateral or any part thereof for any purpose not prohibited by the terms of this Pledge Agreement or the other Credit Documents. (ii) The Collateral Agent shall execute and deliver (or cause to be executed and delivered) to each Pledgor all such proxies and other instruments as such Pledgor may reasonably request for the purpose of enabling such Pledgor to exercise the voting and other rights that it is entitled to exercise pursuant to paragraph (i) above. (b) Subject to paragraph (c) below, each Pledgor shall be entitled to receive and retain and use, free and clear of the Lien created by this Pledge Agreement, any and all dividends, distributions, principal and interest made or paid in respect of the Collateral to the extent permitted by the Credit Agreement, as applicable; provided, however, that any and all noncash dividends, interest, principal or other distributions that would constitute Pledged Shares or Pledged Debt, whether resulting from a subdivision, combination or reclassification of the outstanding Equity Interests of the issuer of any Pledged Shares or received in exchange for Pledged Shares or Pledged Debt or any part thereof, or in redemption thereof, or as a result of any merger, consolidation, acquisition or other exchange of assets to which such issuer may be a party or otherwise, shall be, and shall be forthwith delivered to the Collateral Agent to hold as, Collateral and shall, if received by such Pledgor, be received in trust for the benefit of the Collateral Agent, be segregated from the E-7 EAST\142256231.3 other property or funds of such Pledgor and be forthwith delivered to the Collateral Agent as Collateral in the same form as so received (with any necessary indorsement). (c) Upon written notice to a Pledgor by the Collateral Agent following the occurrence and during the continuance of an Event of Default, (i) all rights of such Pledgor to exercise or refrain from exercising the voting and other consensual rights that it would otherwise be entitled to exercise pursuant to Section 8(a)(i) shall cease, and all such rights shall thereupon become vested in the Collateral Agent, which shall thereupon have the sole right to exercise or refrain from exercising such voting and other consensual rights during the continuance of such Event of Default, pro...
Voting Rights; Dividends and Distributions; Etc. (a) So long as no Event of Default shall have occurred and be continuing, and the Agent has not provided the notice contemplated in Section 8(c) below, (i) the Borrower shall be entitled to exercise any and all voting and other consensual rights pertaining to the Collateral or any part thereof for any purpose not prohibited by the terms of this Pledge Agreement or the other Financing Documents and (ii) the Agent shall execute and deliver (or cause to be executed and delivered) to the Borrower all such proxies and other instruments as the Borrower may reasonably request for the purpose of enabling the Borrower to exercise the voting and other rights that it is entitled to exercise pursuant to Section 8(a)(i).
Voting Rights; Dividends and Distributions; Etc. (a) Prior to a written notice (specifying that the Pledgors rights under this Section 7 are being suspended) from the Agent following the occurrence and during the continuation of an Event of Default:
Voting Rights; Dividends and Distributions; Etc. Section 8.01 Voting Rights 6 Section 8.02 Dividends and Distributions 6 Section 8.03 Voting Rights, Dividends and Distributions after Event of Default 7 Signature Page CALIFORNIA RESOURCES CORPORATION - Fifth Amendment
