Common use of Liquidation Recapitalization Etc Clause in Contracts

Liquidation Recapitalization Etc. Any sums or other property (including, without limitation, any shares of the capital stock of any issuer, including the Company, or any securities exchangeable for or convertible into shares of such capital stock) paid or distributed upon or with respect to any of the Stock, whether by dividend or redemption or upon the liquidation or dissolution of the issuer thereof or otherwise, shall, except to the limited extent provided in Section 6, be paid over and delivered to the Company to be held by the Company, pursuant to the terms of this Agreement, as security for the payment and performance in full of all of the Obligations. In the event that, pursuant to the recapitalization or reclassification of the capital of the issuer thereof or pursuant to the reorganization thereof, any distribution of capital shall be made on or in respect of any of the Stock or any property shall be distributed upon or with respect to any of the Stock, the property so distributed shall be delivered to the Company to be held by it as security for the Obligations. Except to the limited extent provided in Section 6, all sums of money and property paid or distributed in respect of the Stock, whether as a dividend or upon such a liquidation, dissolution, recapitalization or reclassification or otherwise, that are received by the Pledgor shall, until paid or delivered to the Company, be held in trust for the Company as security for the payment and performance in full of all of the Obligations.

Liquidation Recapitalization Etc. 4.1. DISTRIBUTIONS PAID TO ADMINISTRATIVE AGENT. Any sums or other property (including, without limitation, any shares of the capital stock of any issuer, including the Company, or any securities exchangeable for or convertible into shares of such capital stock) paid or distributed upon or with respect to any of the Stock, whether by dividend or redemption or upon the liquidation or dissolution of the issuer thereof or otherwise, shall, except to the limited extent provided in Section 6ss.6, be paid over and delivered to the Company Administrative Agent to be held by the CompanyAdministrative Agent, pursuant to for the terms benefit of this Agreementthe Lenders and the Administrative Agent, as security for the payment and performance in full of all of the Obligations. In the event thatcase, pursuant to the recapitalization or reclassification of the capital of the issuer thereof or pursuant to the reorganization thereof, any distribution of capital shall be made on or in respect of any of the Stock or any property shall be distributed upon or with respect to any of the Stock, the property so distributed shall be delivered to the Company Administrative Agent, for the benefit of the Lenders and the Administrative Agent, to be held by it the Administrative Agent as security for the Obligations. Except to the limited extent provided in Section 6ss.6, all sums of money and property paid or distributed in respect of the Stock, whether as a dividend or upon such a liquidation, dissolution, recapitalization or reclassification or otherwise, that are received by the Pledgor Pledgors shall, until paid or delivered to the CompanyAdministrative Agent, be held in trust for the Company Administrative Agent, for the benefit of the Lenders and the Administrative Agent, as security for the payment and performance in full of all of the Obligations.

Liquidation Recapitalization Etc. 4.1. Distributions Paid to Collateral Agent. Any sums or other property (including, without limitation, any shares of the capital stock of any issuer, including the Company, or any securities exchangeable for or convertible into shares of such capital stock) paid or distributed upon or with respect to any of the Stock, whether by dividend or redemption or upon the liquidation or dissolution of the issuer thereof or otherwise, shall, except to the limited extent provided in Section 6'SS'8, be paid over and delivered to the Company Collateral Agent to be held by the CompanyCollateral Agent, pursuant to for the terms benefit of this Agreementthe Secured Parties, as security for the payment and performance in full of all of the Secured Obligations. In the event thatcase, pursuant to the recapitalization or reclassification of the capital of the issuer thereof or pursuant to the reorganization thereof, any distribution of capital shall be made on or in respect of any of the Stock or any property shall be distributed upon or with respect to any of the Stock, the property so distributed shall be delivered to the Company Collateral Agent, for the benefit of the Secured Parties, to be held by it as security for the Secured Obligations. Except to the limited extent provided in Section 6'SS'8, all sums of money and property paid or distributed in respect of the Stock, whether as a dividend or upon such a liquidation, dissolution, recapitalization or reclassification or otherwise, that are received by the Pledgor any Company shall, until paid or delivered to the CompanyCollateral Agent, be held in trust for the Company Collateral Agent, for the benefit of the Secured Parties, as security for the payment and performance in full of all of the Secured Obligations.