Common use of Voting Rights, Dividends and Distributions Clause in Contracts

Voting Rights, Dividends and Distributions. (a) So long as no Event of Default has occurred, is continuing, would result therefrom or be caused thereby, subject to the terms of this Agreement (i) Pledgor shall be entitled to exercise all voting and/or consensual rights and powers relating to the Collateral, and (ii) Pledgor shall be entitled to receive and retain cash dividends and/or distributions payable on the Collateral.

Voting Rights, Dividends and Distributions. (a) So long as no Event of Default has occurred, is continuing, would result therefrom or be caused thereby, subject to the terms of this Agreement (i) Pledgor shall be entitled to exercise all voting and/or consensual rights and powers relating to the Collateral, and (ii) Pledgor shall be entitled to receive and retain cash dividends, dividends paid in-kind and/or distributions payable on the Collateral.