Common use of Other Rights With Respect to Pledged Collateral Clause in Contracts

Other Rights With Respect to Pledged Collateral. In addition to the other rights with respect to the Pledged Collateral granted to the Administrative Agent hereunder, at any time and from time to time, after and during the continuation of an Event of Default and following acceleration of the Obligations pursuant to Section 8.2 of the Credit Agreement, the Administrative Agent, at its option and at the expense of the Pledgors, may: (a) transfer into its own name, or into the name of its nominee, all or any part of the Pledged Collateral, thereafter receiving all dividends, income or other distributions upon the Pledged Collateral; (b) take control of and manage all or any of the Pledged Collateral; (c) apply to the payment of any of the Secured Obligations, whether any be due and payable or not, any moneys, including cash dividends and income from any Pledged Collateral, now or hereafter in the hands of the Administrative Agent or provider of Lender Provided Interest Rate Hedge or any Other Lender Provided Financial Service Products, on deposit or otherwise, belonging to any Pledgor, as the Administrative Agent in its sole discretion shall determine; and (d) do anything which any Pledgor is required but fails to do hereunder.

Other Rights With Respect to Pledged Collateral. In addition to the other rights with respect to the Pledged Collateral granted to the Administrative Agent hereunder, at any time and from time to time, after and during the continuation of an Event of Default and following acceleration of the Obligations pursuant to Section 8.2 of the Credit Agreement, the Administrative Agent, at its option and at the expense of the Pledgors, may: (a) transfer into its own name, or into the name of its nominee, all or any part of the Pledged Collateral, thereafter receiving all dividends, income or other distributions upon the Pledged Collateral; (b) take control of and manage all or any of the Pledged Collateral; (c) apply to the payment of any of the Secured Obligations, whether any be due and payable or not, any moneys, including cash dividends and income from any Pledged Collateral, now or hereafter in the hands of the Administrative Agent or provider of Lender Provided Interest Rate Hedge or any Other Lender Provided Financial Service ProductsIRH Provider, on deposit or otherwise, belonging to any Pledgor, as the Administrative Agent in its sole discretion shall determine; and (d) do anything which any Pledgor is required but fails to do hereunder.

Other Rights With Respect to Pledged Collateral. In addition to the other rights with respect to the Pledged Collateral granted to the Administrative Agent hereunder, at any time and from time to time, after and during the continuation of an Event of Default and following acceleration of the Obligations pursuant to Section 8.2 of the Credit Agreementor a Termination Event, the Administrative Agent, at its option and at the expense of the PledgorsPledgor, may: , subject to the receipt of any approval or consent (aif any) required by the CPUC, (i) transfer into its own name, or into the name of its nominee, all or any part of the Pledged Collateral, thereafter receiving all dividends, income or other distributions upon the Pledged Collateral; (bii) take control of and manage all or any of the Pledged Collateral; (ciii) apply to the payment of any of the Secured Obligations, whether any be due and payable or not, any moneys, including cash dividends and income from any Pledged Collateral, now or hereafter in the hands of the Administrative Agent or provider of Lender Provided Interest Rate Hedge or any Other Lender Provided Financial Service ProductsAgent, on deposit or otherwise, belonging to any the Pledgor, as the Administrative Agent in its sole discretion shall determine; and (div) do anything which any the Pledgor is required but fails to do hereunder.

Other Rights With Respect to Pledged Collateral. In addition to the other rights with respect to the Pledged Collateral granted to the Administrative Agent Collateral Trustee hereunder, at any time and from time to time, after and during the continuation of an Event of Default has occurred and following acceleration of the Obligations pursuant to Section 8.2 of the Credit Agreementis continuing, the Administrative AgentCollateral Trustee, at its option and at the expense of the Pledgors, maysubject to the provisions set forth in the Intercreditor Agreement: (a) may transfer into its own name, or into the name of its nominee, all or any part of the Pledged Collateral, thereafter receiving all dividends, income or other distributions upon the Pledged Collateral; (b) may take control of and manage all or any of the Pledged Collateral; (c) shall apply to the payment of any of the Secured Note Obligations, whether to the extent any may be due and payable or notpayable, any moneys, including cash dividends and income from any Pledged Collateral, now or hereafter in the hands of the Administrative Agent Collateral Trustee (or provider of Lender Provided Interest Rate Hedge or any Other Lender Provided Financial Service Productsa bailee therefor), on deposit or otherwise, belonging to any Pledgor, as the Administrative Agent Collateral Trustee, in its sole discretion discretion, shall determine; and (d) do anything may take any action related to the protection of the Pledged Collateral which any such Pledgor is required but fails to do hereunder.