Common use of Pledgee May Register Shares Clause in Contracts

Pledgee May Register Shares. Upon the occurrence of a Default, the Pledgee may cause the Collateral to be transferred to the Pledgee's name and may exercise any right normally incident to the ownership of the Collateral, including the right to vote and to receive all dividends or other payments.

Appears in 6 contracts

Samples: Stock Pledge Agreement (Aura Systems Inc), Stock Pledge Agreement (Icm Asset Management Inc/Wa), Stock Pledge Agreement (Icm Asset Management Inc/Wa)

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Pledgee May Register Shares. Upon the occurrence of a Default, the Pledgee may cause the Collateral to be transferred to the Pledgee's name and may exercise any right normally incident to the ownership of the Collateral, including the right to vote and to receive all dividends or other payments.

Appears in 4 contracts

Samples: Assumption of Obligations and Pledge Agreement (Genius Products Inc), Assignment, Assumption and Pledge Agreement (Genius Products Inc), Assignment, Assumption and Pledge Agreement (American Vantage Companies)

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