Common use of Distributions and Voting Rights Clause in Contracts

Distributions and Voting Rights. (a) So long as no Event of Default has occurred and is continuing, the Pledgor will be entitled to exercise any and all management, voting, consent and other rights with respect to the Pledged Collateral for any purpose not inconsistent with the terms of the Note Agreement or any of the Financing Documents and to receive and retain any and all cash distributions and other payments in respect of the Pledged Collateral made in accordance with the Note Agreement and the other Financing Documents.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Us Geothermal Inc), Collateral Agency Agreement (Us Geothermal Inc)

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Distributions and Voting Rights. (a) So long as no Trigger Event of Default has occurred and is continuing, the Pledgor will be entitled to exercise any and all management, voting, consent voting and other consensual rights with respect to the Pledged Collateral Securities for any purpose not inconsistent with the terms of any Second Lien Document, the Note Intercreditor Agreement or any of the Financing Documents Security Document and to receive and retain any and all cash dividends, interest, revenues, income, distributions and other payments proceeds of any kind in respect of the Pledged Collateral made in accordance with Securities to the Note Agreement and the other Financing Documentsextent permitted by such documents.

Appears in 1 contract

Samples: Membership Interests (Par Petroleum Corp/Co)

Distributions and Voting Rights. (a) So long as no Trigger Event of Default has occurred and is continuing, the Pledgor will be entitled to exercise any and all management, voting, consent voting and other consensual rights with respect to the Pledged Collateral Securities for any purpose not inconsistent with the terms of any First Lien Document, the Note Intercreditor Agreement or any of the Financing Documents Security Document and to receive and retain any and all cash dividends, interest, revenues, income, distributions and other payments proceeds of any kind in respect of the Pledged Collateral made in accordance with Securities to the Note Agreement and the other Financing Documentsextent permitted by such documents.

Appears in 1 contract

Samples: Membership Interests (Par Petroleum Corp/Co)

Distributions and Voting Rights. (a) So long as no Event of Default has occurred and is continuing, the each Pledgor will be entitled to exercise any and all management, voting, consent voting and other consensual rights with respect to the Pledged Collateral for any purpose not inconsistent with the terms of the Note Agreement or any of the Financing Finance Documents and to receive and retain any and all cash distributions and other payments in respect of the Pledged Collateral made in accordance with to the Note Agreement and extent permitted by the other Financing Finance Documents.

Appears in 1 contract

Samples: Pledge Agreement (Eagle Bulk Shipping Inc.)

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Distributions and Voting Rights. (a) So long as no Event of Default has occurred and is continuing, notwithstanding any other provisions herein contained, the Pledgor will be entitled to exercise any and all management, voting, consent and other rights with respect to the Pledged Collateral for any purpose not inconsistent with the terms of the Note Agreement Loan Documents or any of the Financing Finance Documents and to receive and retain any and all cash distributions distributions, profit allocations, interest, revenues, income and other payments proceeds of any kind in respect of the Pledged Collateral made in accordance with the Note Agreement Governing Documents, the Loan Documents and the other Financing Documents.

Appears in 1 contract

Samples: Master Loan and Security Agreement (Redaptive, Inc.)

Distributions and Voting Rights. (a) So long as no Event of Default has occurred and is continuing, the each Pledgor will be entitled to exercise any and all management, voting, consent voting and other consensual rights with respect to the Pledged Collateral for any purpose not inconsistent with the terms of the Note Agreement or any of the Financing Finance Documents and to receive and retain any and all cash distributions and other payments in respect of the Pledged Collateral made in accordance with to the Note Agreement and extent not prohibited by the other Financing Finance Documents.

Appears in 1 contract

Samples: Pledge Agreement (Iridium Communications Inc.)

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