Common use of VOTING RIGHTS, DIVIDENDS AND OTHER DISTRIBUTIONS, ETC Clause in Contracts

VOTING RIGHTS, DIVIDENDS AND OTHER DISTRIBUTIONS, ETC. 5.1 Prior to Default or Event of Default. So long as no Default or Event of Default has occurred and is continuing, Pledgors will remain entitled to exercise any and all voting and other consensual rights pertaining to the Pledged Stock and to receive and use cash dividends, in either case for any purpose not inconsistent with the terms of this Agreement or the Note.

Appears in 7 contracts

Samples: Stock Pledge Agreement (Burns Donald A), Stock Pledge Agreement (Burns Donald A), Stock Pledge Agreement (Gold & Appel Transfer Sa)

AutoNDA by SimpleDocs

VOTING RIGHTS, DIVIDENDS AND OTHER DISTRIBUTIONS, ETC. 5.1 Prior to Default or Event of Default. So long as no Default or Event of Default has occurred and is continuing, Pledgors will remain entitled to exercise any and all voting and other consensual rights pertaining to the Pledged Stock and the LLC Interest, as the case may be, and to receive and use cash dividendsdividends or distributions, in either case for any purpose not inconsistent with the terms of this Agreement or the Note.

Appears in 4 contracts

Samples: Pledge Agreement (Burns Donald A), Pledge Agreement (Burns Donald A), Pledge Agreement (Gold & Appel Transfer Sa)

AutoNDA by SimpleDocs

VOTING RIGHTS, DIVIDENDS AND OTHER DISTRIBUTIONS, ETC. 5.1 Prior to Default or Event of Default. So long as no Default or Event of Default has occurred and is continuing, Pledgors will remain entitled to exercise any and all voting and other consensual rights pertaining to the Pledged Stock and the LLC Interest, as the case may be, and to receive and use cash dividendsdividends or distributions, in either case for any purpose not inconsistent with the terms of this Agreement or the Note.. 5.2

Appears in 1 contract

Samples: Pledge Agreement (Covista Communications Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.