Common use of Voting Rights in Respect of the Collateral Clause in Contracts

Voting Rights in Respect of the Collateral. (i) So long as no Event of Default shall have occurred and be continuing, to the extent permitted by law, the Pledgor may exercise any and all voting and other consensual rights pertaining to the Collateral or any part thereof for any purpose not inconsistent with the terms of this Agreement or any Document; and (ii) Upon the occurrence and during the continuance of an Event of Default, all rights of the Pledgor to exercise the voting and other consensual rights which they would otherwise be entitled to exercise pursuant to clause (i) of this subsection (e) shall cease and all such rights shall thereupon become vested in the Pledgee which shall then have the sole right to exercise such voting and other consensual rights.

Voting Rights in Respect of the Collateral. (i) So long as no Event of Default shall have occurred and be continuing, to the extent permitted by law, the Pledgor Debtor may exercise any and all voting and other consensual rights pertaining to the Collateral or any part thereof for any purpose not inconsistent with the terms of this Agreement or any Document; and (ii) Upon the occurrence and during the continuance of an Event of Default, all rights of the Pledgor Debtor to exercise the voting and other consensual rights which they would otherwise be entitled to exercise pursuant to clause (i) of this subsection (e) shall cease and all such rights shall thereupon become vested in the Pledgee Secured Party which shall then have the sole right to exercise such voting and other consensual rights.

Voting Rights in Respect of the Collateral. (i) So long as no Event of Default shall have occurred and be continuing, to the extent permitted by law, the Pledgor each Grantor may exercise any and all voting and other consensual rights pertaining to the Collateral of such Grantor or any part thereof for any purpose not inconsistent with the terms of this Security Agreement or any Documenteither of the Credit Agreements; and (ii) Upon the occurrence and during the continuance of an Event of Default, all rights of the Pledgor a Grantor to exercise the voting and other consensual rights which they it would otherwise be entitled to exercise pursuant to clause paragraph (i) of this subsection (e) shall cease and all such rights shall thereupon become vested in the Pledgee Agent which shall then have the sole right to exercise such voting and other consensual rights.

Voting Rights in Respect of the Collateral. (i) So long as no Event of Default shall have occurred and be continuing, to the extent permitted by law, the Pledgor Pledgors may exercise any and all voting and other consensual rights pertaining to the Collateral or any part thereof for any purpose not inconsistent with the terms of this Agreement or any Document; and (ii) Upon the occurrence and during the continuance of an Event of Default, all rights of the Pledgor Pledgors to exercise the voting and other consensual rights which they would otherwise be entitled to exercise pursuant to clause (i) of this subsection (e) shall cease and all such rights shall thereupon become vested in the Pledgee Pledgees which shall then have the sole right to exercise such voting and other consensual rights.

Voting Rights in Respect of the Collateral. (i) So long as no Event of Default shall have occurred and be continuing, to the extent permitted by law, the Pledgor may exercise any and all voting and other consensual rights pertaining to the Collateral of Pledgor or any part thereof for any purpose not inconsistent with the terms of this Pledge Agreement or any Purchase Document; and (ii) Upon the occurrence and during the continuance of an Event of Default, all rights of the Pledgor to exercise the voting and other consensual rights which they it would otherwise be entitled to exercise pursuant to clause (i) of this subsection (e) shall cease and all such rights shall thereupon become vested in the Pledgee Laurus which shall then have the sole right to exercise such voting and other consensual rights.

Voting Rights in Respect of the Collateral. (i) So long as no Event of Default shall have occurred and be continuing, to the extent permitted by law, the each Pledgor may exercise any and all voting and other consensual rights pertaining to the Collateral or any part thereof for any purpose not inconsistent with the terms of this Agreement or any Document; and (ii) Upon the occurrence and during the continuance of an Event of Default, all rights of the each Pledgor to exercise the voting and other consensual rights which they would otherwise be entitled to exercise pursuant to clause (i) of this subsection (e) shall cease and all such rights shall thereupon become vested in Agent, as agent for the Pledgee Creditor Parties, or the Agent’s designee, which shall then have the sole right to exercise such voting and other consensual rights.

Voting Rights in Respect of the Collateral. (i) So long as no Event of Default shall have occurred and be continuing, to the extent permitted by law, the Pledgor may exercise any and all voting and other consensual rights pertaining to the Collateral or any part thereof for any purpose not inconsistent with the terms of this Agreement or any Document; and (ii) and Upon the occurrence and during the continuance of an Event of Default, all rights of the Pledgor to exercise the voting and other consensual rights which they would otherwise be entitled to exercise pursuant to clause (i) of this subsection (e) shall cease and all such rights shall thereupon become vested in the Pledgee Calliope which shall then have the sole right to exercise such voting and other consensual rights.

Voting Rights in Respect of the Collateral. (i) So long as no Event of Default shall have occurred and be continuing, to the extent permitted by law, the Pledgor may exercise any and all voting and other consensual rights pertaining to the Collateral or any part thereof for any purpose not inconsistent with the terms of this Agreement or any Document; and (ii) Upon the occurrence and during the continuance of an Event of Default, all rights of the Pledgor to exercise the voting and other consensual rights which they would otherwise be entitled to exercise pursuant to clause (i) of this subsection (e) shall cease and all such rights shall thereupon become vested in the Pledgee Pledgees which shall then have the sole right to exercise such voting and other consensual rights.

Voting Rights in Respect of the Collateral. (i) So long as no Event of Default shall have occurred and be continuing, to the extent permitted by law, the each Pledgor may exercise any and all voting and other consensual rights pertaining to the Collateral or any part thereof for any purpose not inconsistent with the terms of this Agreement or any Document; and (ii) Upon the occurrence and during the continuance of an Event of Default, all rights of the Pledgor Pledgors to exercise the voting and other consensual rights which they would otherwise be entitled to exercise pursuant to clause (i) of this subsection (e) shall cease and all such rights shall thereupon become vested in the Pledgee Laurus which shall then have the sole right to exercise such voting and other consensual rights.

Voting Rights in Respect of the Collateral. (i) So long as no Event of Default shall have occurred and be continuing, to the extent permitted by law, the each Pledgor may exercise any and all voting and other consensual rights pertaining to the Collateral of such Pledgor or any part thereof for any purpose not inconsistent with the terms of this Pledge Agreement or any Documentthe Credit Agreement; and (ii) Upon the occurrence and during the continuance of an Event of Default, all rights of the a Pledgor to exercise the voting and other consensual rights which they it would otherwise be entitled to exercise pursuant to clause paragraph (i) of this subsection (e) Section shall cease and all such rights shall thereupon become vested in the Pledgee Administrative Agent which shall then have the sole right to exercise such voting and other consensual rights.