Common use of Dividends, Etc. Pre-Default Clause in Contracts

Dividends, Etc. Pre-Default. Unless and until an Event of Default shall have occurred and be continuing, the Pledgor shall be entitled to receive and retain any dividends, distributions or proceeds on the Pledged Equity Interests paid in cash to the extent expressly permitted by Section 9.01 of the Credit Agreement.

Dividends, Etc. Pre-Default. Unless and until an Event of Default shall have occurred and be continuing, the Pledgor shall be entitled to receive and retain any dividends, distributions or proceeds on the Pledged Equity Interests paid in cash to the extent expressly permitted by Section 9.01 of the Credit Agreement. For the avoidance of doubt, any such dividend, distributions and proceeds on the Pledged Equity Interests that are paid in accordance with the forgoing sentence shall not constitute Collateral.