Common use of Exercise of Rights in Pledged Collateral Clause in Contracts

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent in respect of such Pledged Collateral.

Appears in 36 contracts

Samples: Pledge and Security Agreement (SEACOR Marine Holdings Inc.), Pledge and Security Agreement (Gorman Rupp Co), Pledge and Security Agreement (PLAYSTUDIOS, Inc.)

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Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such the Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent Lender in respect of such the Pledged Collateral.

Appears in 11 contracts

Samples: Pledge and Security Agreement (Mam Software Group, Inc.), Pledge and Security Agreement (Supreme Industries Inc), Pledge and Security Agreement (Magnetek Inc)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Collateral Agent in respect of such Pledged Collateral.

Appears in 8 contracts

Samples: Pledge and Security Agreement (Star Gas Partners Lp), Pledge and Security Agreement (Star Group, L.P.), Pledge and Security Agreement (Star Group, L.P.)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided provided, however, that no vote or other right shall be exercised or action taken which would have the effect of materially impairing the rights of the Administrative Agent in respect of such Pledged Collateral.

Appears in 5 contracts

Samples: Security Agreement (Levi Strauss & Co), Pledge and Security Agreement (Griffon Corp), Security Agreement (Levi Strauss & Co)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor the Grantors shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent in respect of such the Pledged Collateral.

Appears in 4 contracts

Samples: Pledge and Security Agreement (Core-Mark Holding Company, Inc.), Pledge and Security Agreement (Core-Mark Holding Company, Inc.), Pledge and Security Agreement (Core-Mark Holding Company, Inc.)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent Lender in respect of such Pledged Collateral.

Appears in 4 contracts

Samples: Pledge and Security Agreement (Par Technology Corp), Pledge and Security Agreement (Arotech Corp), Pledge and Security Agreement (Franklin Covey Co)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such each Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement Indenture or any other Loan Security Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent in respect of such Pledged Collateral.

Appears in 4 contracts

Samples: Security Agreement (Bloom Energy Corp), Security Agreement (Bloom Energy Corp), Security Agreement (BarkPark, LLC)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such each Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, Agreement and the Credit Agreement or any other Loan DocumentDocuments; provided provided, however, that no vote or other right shall be exercised or action taken which would reasonably be expected to have the effect of materially and adversely impairing the rights of the Administrative Agent in respect of such the Pledged Collateral.

Appears in 3 contracts

Samples: Pledge and Security Agreement (Hawker Beechcraft Quality Support Co), Pledge and Security Agreement (Aramark Corp/De), Pledge and Security Agreement (Aramark)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such the Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent in respect of such the Pledged Collateral.

Appears in 3 contracts

Samples: Pledge and Security Agreement (Escalade Inc), Pledge and Security Agreement (Escalade Inc), Pledge and Security Agreement (Bluestem Brands, Inc.)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided provided, however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent in respect of such Pledged Collateral.

Appears in 3 contracts

Samples: Pledge and Security Agreement (Smithfield Foods Inc), Pledge and Security Agreement (Smithfield Foods Inc), Pledge and Security Agreement (Smithfield Foods Inc)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement Indenture or any other Loan Collateral Document; provided provided, however, that no vote or other right shall be exercised or action taken which would have the direct effect of impairing materially adversely affecting the rights of the Administrative Collateral Agent in respect of such Pledged Collateral.

Appears in 3 contracts

Samples: Intercreditor Agreement (EM Holdings LLC), Intercreditor Agreement (Edgen Group Inc.), Intercreditor Agreement (Edgen Murray II, L.P.)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) belowSection 4.4(c)(ii), such the Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement Note or any other Loan Note Document; provided however, that no vote or other right shall be exercised or action taken which that would have the effect of impairing the rights of the Administrative Agent Holder in respect of such Pledged CollateralCollateral in any material respect.

Appears in 3 contracts

Samples: Pledge Agreement (Magellan Petroleum Corp /De/), Exchange Agreement (Magellan Petroleum Corp /De/), Exchange Agreement (Magellan Petroleum Corp /De/)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise any and all voting rights or and other consensual rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent in respect of such Pledged Collateral.

Appears in 3 contracts

Samples: Intercreditor Agreement (Interline Brands, Inc./De), Security Agreement (Interline Brands, Inc./De), Pledge and Security Agreement (Interline Brands, Inc./De)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor the Grantors shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Collateral Agent in respect of such the Pledged Collateral.

Appears in 3 contracts

Samples: Pledge and Security Agreement (Dura Automotive Systems Inc), Pledge and Security Agreement (Dura Automotive Systems Inc), Pledge and Security Agreement (Dura Automotive Systems Inc)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Collateral Agent in to enforce its remedies hereunder with respect of to such Pledged Collateral.;

Appears in 2 contracts

Samples: Pledge and Security Agreement (Postmedia Network Canada Corp.), Pledge and Security Agreement (Postmedia Network Canada Corp.)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such the Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Purchase Agreement or any other Loan Transaction Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent in respect of such Pledged Collateral.

Appears in 2 contracts

Samples: Pledge and Security Agreement (CareView Communications Inc), Pledge and Security Agreement (CareView Communications Inc)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such each Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with prohibited by this Security Agreement, the Credit Agreement or any other Loan Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent in respect of such Pledged Collateral.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Coty Inc.), Credit Agreement (Coty Inc.)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such each Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, Agreement and the Credit Agreement or any other Loan DocumentTerm Loan/Note Documents; provided however, that no vote or other right shall be exercised or action taken which would reasonably be expected to have the effect of materially and adversely impairing the rights of the Administrative Agent in respect of such the Pledged Collateral.

Appears in 2 contracts

Samples: Pledge and Security and Intercreditor Agreement (Neiman Marcus, Inc.), Pledge and Security and Intercreditor Agreement (Neiman Marcus Group Inc)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided provided, however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Collateral Agent in respect of such Pledged Collateral.

Appears in 2 contracts

Samples: Credit Agreement (Stoneridge Inc), Credit Agreement (Stoneridge Inc)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with in violation of this Security Agreement, the Credit Agreement or any other Loan Documentthe Indenture; provided however, that no vote or other right shall be exercised or action taken which would have for the effect purpose of impairing the enforcement rights of the Administrative Note Collateral Agent in respect of such Pledged CollateralCollateral except as may be incidental to actions otherwise permitted under such documents.

Appears in 2 contracts

Samples: Pledge and Security Agreement (WESTMORELAND COAL Co), Pledge and Security Agreement (Westmoreland Energy LLC)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Loan Agreement or any other Loan Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent in respect of such the Pledged Collateral.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Wanxiang Group Corp), Pledge and Security Agreement (A123 Systems, Inc.)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided provided, however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent hereunder in respect of such the Pledged CollateralCollateral (except for actions (and votes in respect thereof) that are expressly permitted by the Credit Agreement).

Appears in 2 contracts

Samples: Credit Agreement (Livent Corp.), Credit Agreement (Arcadium Lithium PLC)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent in respect of such Pledged Collateral.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Action Performance Companies Inc), Pledge and Security Agreement (Newpark Resources Inc)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement Indenture or any other Loan Note Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Collateral Agent in to enforce its remedies hereunder with respect of to such Pledged Collateral.;

Appears in 2 contracts

Samples: Pledge and Security Agreement (Postmedia Network Canada Corp.), Pledge and Security Agreement (Postmedia Network Canada Corp.)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such the Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Purchase Agreement or any other Loan Note Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Subordinated Collateral Agent in respect of such the Pledged Collateral.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Bluestem Brands, Inc.), Pledge and Security Agreement (Bluestem Brands, Inc.)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement, the Intercreditor Agreement or any other Loan Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent in respect of such Pledged Collateral.;

Appears in 2 contracts

Samples: Pledge and Security Agreement (FlexEnergy Green Solutions, Inc.), Canadian Pledge and Security Agreement (FlexEnergy Green Solutions, Inc.)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Loan Agreement or any other Loan Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent in any material respect in respect of such Pledged Collateral.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Pinstripes Holdings, Inc.), Pledge and Security Agreement (Banyan Acquisition Corp)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not expressly inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent in respect of such Pledged Collateral., unless otherwise permitted under the Credit Agreement;

Appears in 2 contracts

Samples: Pledge and Security Agreement (Dril-Quip Inc), Pledge and Security Agreement (Frank's International N.V.)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent in respect of such Pledged Collateral.

Appears in 2 contracts

Samples: Credit Agreement (Approach Resources Inc), Guaranty and Pledge Agreement (Approach Resources Inc)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such each Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any of the other Loan DocumentDocuments; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent in respect of such the Pledged Collateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (Heartland Payment Systems Inc)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such each Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided provided, however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the US Administrative Agent in respect of such the Pledged Collateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (Systemax Inc)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent in respect of such Pledged CollateralCollateral in any material respect.

Appears in 1 contract

Samples: Pledge and Security Agreement (Farmer Brothers Co)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such each Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Loan Agreement or any other Loan Document; provided however, that except as otherwise contemplated in Section 7.11 of the Loan Agreement, no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent Secured Party in respect of such Pledged Collateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (SWK Holdings Corp)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement Indenture or any other Loan Second Priority Document; provided provided, however, that except as requested by the Administrative Agent pursuant to the Intercreditor Agreement, no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Collateral Agent in respect of such Pledged Collateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (Altra Holdings, Inc.)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such each Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent in respect of such the Pledged Collateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (Nevada Gold & Casinos Inc)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided provided, however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent in respect of such Pledged CollateralCollateral (other than to permit any transaction permitted under the Credit Agreement or any other Loan Document).

Appears in 1 contract

Samples: Term Credit Agreement (Ascena Retail Group, Inc.)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such each Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Third Restated Credit Agreement or any other Loan Document; provided provided, however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent in respect of such the Pledged Collateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (Systemax Inc)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Intercreditor Agreement or any other Loan Financing Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Collateral Agent in respect of such Pledged Collateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (Kelly Services Inc)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent in respect of such Pledged Collateral.;

Appears in 1 contract

Samples: Security Agreement (Vista Proppants & Logistics Inc.)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such each Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided provided, however, that no vote or other right shall be exercised or action taken which would reasonably be expected to have the effect of materially and adversely impairing the rights of the Administrative Agent in respect of such the Pledged Collateral.

Appears in 1 contract

Samples: Canadian Pledge and Security Agreement (American Tire Distributors Holdings, Inc.)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral and other Equity Interests owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Collateral Agent in respect of such Pledged CollateralCollateral and other Equity Interests.

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Lifetime Brands, Inc)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent Agent, in any material respect, in respect of such Pledged Collateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (Tile Shop Holdings, Inc.)

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Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent Lender in respect of such the Pledged CollateralCollateral (other than in connection with a Permitted Disposition).

Appears in 1 contract

Samples: Pledge and Security Agreement (Servicesource International, Inc.)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent in respect of such Pledged Collateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (Turning Point Brands, Inc.)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document or any Term Facility Document; provided provided, however, that no vote or other right shall be exercised or action taken which would have the effect of materially impairing the rights of the Administrative Agent in respect of such Pledged CollateralCollateral or breach the Intercreditor Agreement.

Appears in 1 contract

Samples: Intercreditor Agreement (Fender Musical Instruments Corp)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent Lender in respect of such Pledged Collateral.

Appears in 1 contract

Samples: Security Agreement (Skyline Corp)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Indenture, any other Note Document, the Term Loan Credit Agreement or any other Term Loan Document; provided provided, however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Collateral Agent in respect of such Pledged Collateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (Smithfield Foods Inc)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement Indenture or any other Loan Collateral Document; provided provided, however, that no vote or other right shall be exercised or action taken which would have the direct effect of materially impairing the rights of the Administrative Collateral Agent in respect of such Pledged Collateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (Easton-Bell Sports, Inc.)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such the Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement; provided, the Credit Agreement or any other Loan Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Collateral Agent in respect of such Pledged Collateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (Verenium Corp)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided provided, however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent in respect of such Pledged Collateral.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Ultra Clean Holdings, Inc.)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided howeverprovided, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent in respect of such the Pledged Collateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (Virtusa Corp)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it of such Grantor for all purposes not inconsistent with this Security Agreement, the Credit Loan Agreement or any other Loan Document; provided provided, however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Collateral Agent in respect of any such Pledged Collateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (Iron Mining Group, Inc.)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided provided, however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent hereunder in respect of such the Pledged Collateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (Flywire Corp)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor the Grantors shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with prohibited by this Security Agreement, the Credit Agreement or any other Loan DocumentDocument to which the applicable Grantor is a party; provided however, that no vote or other right shall be exercised or action taken which would have the effect of materially impairing the rights of the Administrative Agent under this Security Agreement in respect of such the Pledged Collateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (Marketaxess Holdings Inc)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not expressly inconsistent with this Security Agreement, US 4925849v.8 the Credit Agreement or any other Loan Document; provided provided, however, that no vote or other right shall be exercised or action taken which would have the effect of impairing that could be reasonably expected to materially and adversely affect the rights and remedies of the Administrative Agent in respect of such Pledged Collateral, unless otherwise permitted under the Credit Agreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (Archrock Partners, L.P.)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent in respect of such Pledged Collaterala Material Adverse Effect.

Appears in 1 contract

Samples: Pledge and Security Agreement (TMS International Corp.)

Exercise of Rights in Pledged Collateral. (i) Without in For all purposes not inconsistent with this Agreement, the Credit Agreement or any way limiting the foregoing and subject to clause (ii) belowother Loan Document, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Documentit; provided however, that no vote or other right shall be exercised or action taken which would have the effect of materially impairing the rights of the Administrative Agent in respect of such Pledged CollateralCollateral unless otherwise permitted under the Credit Agreement.

Appears in 1 contract

Samples: Canadian Guarantee and Collateral Agreement (Thompson Creek Metals CO Inc.)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement Indenture or any other Loan Security Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent in respect of such Pledged Collateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (Turning Point Brands, Inc.)

Exercise of Rights in Pledged Collateral. (i) Without i)Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent in respect of such Pledged Collateral.;

Appears in 1 contract

Samples: Pledge and Security Agreement (Climb Global Solutions, Inc.)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with in violation of this Security Agreement, the Credit Agreement, the Intercreditor Agreement or any other Loan Document; provided however, that no vote or other right shall be exercised or action taken which would have for the effect purpose of impairing the enforcement rights of the Administrative Agent in respect of such Pledged CollateralCollateral except as may be incidental to actions otherwise permitted under such documents.

Appears in 1 contract

Samples: Pledge and Security Agreement (Us Concrete Inc)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent Secured Party in respect of such Pledged Collateral.

Appears in 1 contract

Samples: Credit Agreement (Synergy Resources Corp)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided provided, however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent in respect of such Pledged CollateralCollateral in any material respect.

Appears in 1 contract

Samples: Patent Security Agreement (Farmer Brothers Co)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such the Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent in respect of such Pledged Collateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (Turning Point Brands, Inc.)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Pledge Agreement, the Credit Agreement or any other Loan Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent in respect of such Pledged Collateral.;

Appears in 1 contract

Samples: Pledge Agreement (Vista Proppants & Logistics Inc.)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such the Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Purchase Agreement or any other Loan Transaction Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent Secured Parties in respect of such Pledged Collateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (CareView Communications Inc)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not materially inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided howeverprovided, that no vote or other right shall be exercised or action taken which would have the effect of materially impairing the rights of the Administrative Agent in respect of such the Pledged Collateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (Mimecast LTD)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such the Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent in respect of such Pledged Collateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (Ddi Corp)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral 203367025 v9 owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan DocumentDocuments; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing in any material respect the rights of the Administrative Collateral Agent in respect of such Pledged Collateral (or any other Collateral) or which could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Pledge and Security Agreement (Geokinetics Inc)

Exercise of Rights in Pledged Collateral. (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with in violation of this Security Agreement, the Credit Indenture, the Intercreditor Agreement or any other Loan Document; provided however, that no vote or other right shall be exercised or action taken which would have for the effect purpose of impairing the enforcement rights of the Administrative Noteholder Collateral Agent in respect of such Pledged CollateralCollateral except as may be incidental to actions otherwise permitted under such documents.

Appears in 1 contract

Samples: Pledge and Security Agreement (Us Concrete Inc)

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