Common use of Dividend and Distribution Rights Clause in Contracts

Dividend and Distribution Rights. Except as otherwise provided in any Loan Document, Grantor shall be entitled to receive and to retain and use any and all dividends or distributions paid in respect of the Investment Collateral; provided, however, that any and all such dividends or distributions received in the form of capital stock, certificated securities, warrants, options or rights to acquire capital stock or certificated securities forthwith shall be, and the certificates representing such capital stock or certificated securities, if any, forthwith shall be delivered to Secured Party to hold as pledged Collateral and shall, if received by Grantor, be received in trust for the benefit of Secured Party, be segregated from the other Property of Grantor, and forthwith be delivered to Secured Party as pledged Collateral in the same form as so received (with any necessary endorsements).

Dividend and Distribution Rights. Except as otherwise provided in any Loan Document, Grantor Grantors shall be entitled to receive and to retain and use any and all dividends or distributions paid in respect of the Investment Collateral; provided, however, that any and all such dividends or distributions received in the form of capital stock, certificated securities, warrants, options or rights to acquire capital stock or certificated securities forthwith shall be, and the certificates representing such capital stock or certificated securities, if any, forthwith shall be delivered to Secured Party to hold as pledged Collateral and shall, if received by GrantorGrantors, be received in trust for the benefit of Secured Party, be segregated from the other Property of GrantorGrantors, and forthwith be delivered to Secured Party as pledged Collateral in the same form as so received (with any necessary endorsements).

Dividend and Distribution Rights. Except as otherwise provided in any Loan Document, the Grantor shall be entitled to receive and to retain and use any and all dividends or distributions paid in respect of the Investment Collateral; provided, however, that any and all such dividends or distributions received in the form of capital stock, certificated 169 securities, warrants, options or rights to acquire capital stock or certificated securities forthwith shall be, and the certificates representing such capital stock or certificated securities, if any, forthwith shall be delivered to the Agent, for the Secured Party Party, to hold as pledged Collateral and shall, if received by the Grantor, be received in trust for the benefit of the Secured Party, be segregated from the other Property of the Grantor, and forthwith be delivered to the Agent, for the Secured Party Party, as pledged Collateral in the same form as so received (with any necessary endorsements).

Dividend and Distribution Rights. Except as otherwise provided in any Loan Transaction Document, Grantor Grantors shall be entitled to receive and to retain and use any and all dividends or distributions paid in respect of the Investment Collateral; provided, however, that that, subject to compliance with the requirements of applicable Laws, any and all such dividends or distributions received in the form of capital stock, certificated securities, warrants, options or rights to acquire capital stock or certificated securities forthwith shall be, and the certificates representing such capital stock or certificated securities, if any, forthwith shall be delivered to Secured Party to hold as pledged Collateral and shall, if received by any Grantor, be received in trust for the benefit of Secured Party, be segregated from the other Property of such Grantor, and forthwith be delivered to Secured Party as pledged Collateral in the same form as so received (with any necessary endorsements).

Dividend and Distribution Rights. Except as otherwise provided in any Loan Document, The Grantor shall be entitled to receive and to retain and use any and all dividends or distributions paid in respect of the Investment CollateralPledged Securities other than distributions required to be deposited with the Secured Party pursuant to the terms of the Indenture; provided, however, that any and all such dividends or distributions received in the form of capital stock, certificated securities, warrants, options or rights to acquire capital stock or certificated securities forthwith Capital Stock shall be, and the certificates Certificates representing such capital stock or certificated securities, if any, Capital Stock forthwith shall be delivered to the Secured Party to hold as pledged as, Pledged Collateral and shall, if received by the Grantor, be received in trust for the benefit of the Secured Party, be segregated from the other Property property of Grantor, the Grantor and forthwith be delivered to the Secured Party as pledged Pledged Collateral in the same form as so received (with any necessary endorsements).

Dividend and Distribution Rights. Except as otherwise provided in any Loan Document, Grantor Grantors shall be entitled to receive and to retain and use any and all dividends or distributions paid in respect of the Investment Collateral; provided, however, that any and all such dividends or distributions received in the form of capital stock, certificated securities, warrants, options or rights to acquire capital stock or certificated securities forthwith shall be, and the certificates representing such capital stock or certificated securities, if any, forthwith shall be delivered to Secured Party to hold as pledged Collateral and shall, if received by any Grantor, be received in trust for the benefit of Secured Party, be segregated from the other Property of such Grantor, and forthwith be delivered to Secured Party as pledged Collateral in the same form as so received (with any necessary endorsements).