Common use of Income and Voting Rights on Collateral Clause in Contracts

Income and Voting Rights on Collateral. (a) Unless an Event of Default or failure by the Pledgor to meet any of Pledgor's obligations under Section 5(b) or (c) hereof has occurred and is continuing, the Pledgor shall be entitled to receive for Pledgor's own account all dividends, interest and, if any, principal and premium relating to all of the Collateral, unless the payment thereof to the Pledgor would reduce the aggregate Pledge Value of the Collateral below the

Appears in 7 contracts

Samples: Collateral Agreement (Decs Trust V), Collateral Agreement (Decs Trust Ii), Collateral Agreement (Equity Securities Trust Ii)

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Income and Voting Rights on Collateral. (a) Unless an Event of Default or failure by the Pledgor to meet any of Pledgor's its obligations under Section 5(b) or (c) hereof has occurred and is continuing, the Pledgor shall be entitled to receive for Pledgor's its own account all dividends, interest and, if any, principal and premium relating to all of the Collateral, unless the payment thereof to the Pledgor would reduce the aggregate Pledge Value of the Collateral below the

Appears in 2 contracts

Samples: Collateral Agreement (Peak Trends Trust), Collateral Agreement (Mandatory Common Exchange Trust)

Income and Voting Rights on Collateral. (a) Unless an Event of Default or failure by the Pledgor to meet any of Pledgor's its obligations under Section 5(b) or (c) hereof has occurred and is continuing, the Pledgor shall be entitled to receive for Pledgor's its own account all dividends, interest and, if any, principal and premium relating to all of the Collateral, unless the payment thereof to the Pledgor would reduce the aggregate Pledge Value of the Collateral below the

Appears in 1 contract

Samples: Collateral Agreement (Estee Lauder Automatic Common Exchange Security Trust)

Income and Voting Rights on Collateral. (a) Unless an Event of Default or failure by the Pledgor or GRIT to meet any of Pledgor's its obligations under Section 5(b) or (c) hereof has occurred and is continuing, the Pledgor shall be entitled to receive for Pledgor's its own account all dividends, interest and, if any, principal and premium relating to all of the Collateral, unless the payment thereof to the Pledgor would reduce the aggregate Pledge Value of the Collateral below the

Appears in 1 contract

Samples: Collateral Agreement (Amway Japan LTD)

Income and Voting Rights on Collateral. (a) Unless an Event of Default or failure by the Pledgor to meet any of Pledgor's his obligations under Section 5(b) or (c) hereof has occurred and is continuing, the Pledgor shall be entitled to receive for Pledgor's his own account all dividends, interest and, if any, principal and premium relating to all of the Collateral, unless the payment thereof to the Pledgor would reduce the aggregate Pledge Value of the Collateral below the

Appears in 1 contract

Samples: Collateral Agreement (Automatic Common Exchange Security Trust Ii)

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Income and Voting Rights on Collateral. (a) Unless an Event of Default or failure by the Pledgor to meet any of Pledgor's obligations under Section 5(b) or (c) hereof has occurred and is continuing, the Pledgor shall be entitled to receive for Pledgor's own account all dividends, interest and, if any, principal and premium relating to all of the Collateral, unless the payment thereof to the Pledgor would reduce the aggregate Pledge Value of the Collateral below the

Appears in 1 contract

Samples: Collateral Agreement (At&t Corp)

Income and Voting Rights on Collateral. (a) Unless an Event of Default or failure by the Pledgor to meet any of Pledgor's his obligations under Section 5(b) or (c) hereof has occurred and is continuing, the Pledgor shall be entitled to receive for Pledgor's his own account all dividends, interest and, if any, principal and premium relating to all of the Collateral, unless the payment thereof to the Pledgor or would reduce the aggregate Pledge Value of the Collateral below the

Appears in 1 contract

Samples: Collateral Agreement (Second Automatic Common Exchange Security Trust)

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