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 (Total Tel Usa Communications Inc), Stock Pledge Agreement (Burns Donald A), Stock Pledge Agreement (Gold & Appel Transfer Sa)
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 5 contracts
Samples: Pledge Agreement (Gold & Appel Transfer Sa), Pledge Agreement (Burns Donald A), Pledge Agreement (Burns Donald A)
