Common use of Dividends and Proceeds Clause in Contracts

Dividends and Proceeds. Except as provided in Section 10(b) hereof, all dividends, cash, products, proceeds, securities, instruments and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of the Pledged Interests, including, but not limited to, all distributions or payments in partial or complete liquidation or redemption of the Pledged Interests.

Appears in 3 contracts

Samples: Conversion and Loan Modification Agreement (Arkanova Energy Corp.), Pledge Agreement (Arkanova Energy Corp.), Note Purchase Agreement (Arkanova Energy Corp.)

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Dividends and Proceeds. Except as provided in Section 10(b) hereof, all dividends, cash, products, proceeds, securities, instruments and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of the Pledged InterestsShares, including, but not limited to, all distributions or payments in partial or complete liquidation or redemption of the Pledged InterestsShares.

Appears in 1 contract

Samples: Note Purchase Agreement (Arkanova Energy Corp)

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