Voting Rights; Dividends; Etc Sample Clauses

Voting Rights; Dividends; Etc. (a) So long as no Event of Default shall have occurred and be continuing:
AutoNDA by SimpleDocs
Voting Rights; Dividends; Etc. The Pledgor agrees:
Voting Rights; Dividends; Etc. Each Grantor agrees:
Voting Rights; Dividends; Etc. (a) So long as no Event of Default or event which, with the giving of notice or the lapse of time, or both, would become an Event of Default shall have occurred and be continuing:
Voting Rights; Dividends; Etc. (a) So long as no Default under Section 6.01(a) or (f) of the Credit Agreement or Event of Default shall have occurred and be continuing:
Voting Rights; Dividends; Etc. (a) The appropriate Pledgor shall be entitled to exercise any and all voting and/or consensual rights and powers accruing to an owner of the Pledged Securities being pledged by it hereunder or any part thereof for any purpose not inconsistent with the terms hereof, at all times, except as expressly provided in paragraph (c) below.
AutoNDA by SimpleDocs
Voting Rights; Dividends; Etc. (a) So long as no Event of Default (as defined below) shall have occurred and be continuing:
Voting Rights; Dividends; Etc a. So long as no Event of Default shall have occurred and be continuing, the Pledgor shall be entitled to exercise any and all voting and other rights pertaining to the Warrant and Pledged Shares or any part thereof for any purpose not inconsistent with the terms of this Agreement or the Purchase Agreement; provided, however, that the Pledgor shall not exercise or shall refrain from exercising any such right if such action would have a material adverse effect on the value of the Pledged Collateral or any part thereof or be inconsistent with or violate any provisions of this Agreement or the Purchase Agreement. b. So long as no Event of Default shall have occurred and be continuing, the Pledgor shall be entitled to receive all cash dividends paid from time to time in respect of the Warrant and Pledged Shares. c. The Pledgee shall execute and deliver (or cause to be executed and delivered) to the Pledgor all such proxies and other instruments as the Pledgor may reasonably request for the purpose of enabling the Pledgor to exercise the voting and other rights which it is entitled to exercise pursuant to Section 6(a) above. d. All dividends or other distributions which are received by the Pledgor contrary to the provisions of this Section 6 shall be received in trust for the benefit of the Pledgee, shall be segregated from other funds of the Pledgor and shall be forthwith paid over to the Pledgee as Pledged Collateral in the same form as so received (with any necessary endorsement). e. Upon the occurrence and during the continuance of an Event of Default, (i) all voting and other rights of the Pledgor to exercise the rights which it would otherwise be entitled to exercise pursuant to Section 6(a) shall cease, and all such rights shall thereupon become vested in the Pledgee (only upon receipt of the Warrant and Pledged Shares from the Escrow Agent), which shall thereupon have the sole right to exercise such rights in accordance with Section 10 hereof and (ii) all cash dividends or other distributions payable in respect of the Warrant and Pledged Shares shall be paid to the Pledgee and Pledgor's right to receive such cash payments pursuant to Sections 6(b) and 6(c) hereof shall immediately cease, and Pledgor shall no further right or ability to exercise the Warrant. 7.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!