Common use of Warrants and Rights Clause in Contracts

Warrants and Rights. In the event that subscription warrants or any other rights or options shall be issued in connection with any of the Pledged Securities (subject to obtaining Lender’s prior written consent thereto as required by the Loan Documents), such warrants, rights, and options shall be immediately assigned to Lender to be held under the terms of this Agreement in the same manner as the Pledged Securities originally pledged hereunder.

Appears in 5 contracts

Samples: Pledge and Security Agreement (Bancplus Corp), Amended and Restated Pledge and Security Agreement (Citizens Community Bancorp Inc.), Pledge and Security Agreement (Citizens Community Bancorp Inc.)

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