Registered Holder of Collateral. If any Collateral consists of investment securities, Debtor authorizes Secured Party to transfer the same or any part thereof into its own name or that of its nominee so that Secured Party or its nominee may appear of record as the sole owner thereof; provided, that so long as no event of default has occurred, Secured Party shall deliver promptly to Debtor all notices, statements or other communications received by it or its nominee as such registered owner, and upon demand and receipt of payment of necessary expenses thereof, shall give to Debtor or its designee a proxy or proxies to vote and take all action with respect to such securities. After the occurrence of any event of default, Debtor waives all rights to be advised of or to receive any notices, statements or communications received by Secured Party or its nominee as such record owner, and agrees that no proxy or proxies given by Secured Party to Debtor or its designee as aforesaid shall thereafter be effective.
Registered Holder of Collateral. If any Collateral consists of investment securities, Debtor authorizes American Collateral Agent to transfer the same or any part thereof into its own name or that of its nominee so that American Collateral Agent or its nominee may appear of record as the sole owner thereof; provided, that so long as no Event of Default has occurred, American Collateral Agent shall send promptly to Debtor all notices, statements or other communications received by it or its nominee as such registered owner, and upon demand and receipt of payment of necessary expenses thereof, shall give to Debtor or its designee a proxy or proxies to vote and take all action with respect to such securities. After the occurrence of any Event of Default, Debtor waives all rights to be advised of or to receive any notices, statements or communications received by American Collateral Agent or its nominee as such record owner, and agrees that no proxy or proxies given by American Collateral Agent to Debtor or its designee as aforesaid shall thereafter be effective.
Registered Holder of Collateral. If any of the Collateral consists of investment securities, Member authorizes Xxxxxx to transfer the same into its own name or that of its nominee, and Xxxxxx may appear of record as the sole owner thereof. So long as no Default or Event of Default has occurred, Xxxxxx shall deliver promptly to Member all notices, statements or other communications received by it or its nominee as registered owner, and upon demand and receipt of payment of necessary expenses thereof, shall issue to Member a proxy to vote and take all action with respect to such instruments. Notwithstanding the foregoing, failure by Xxxxxx to deliver any notice to Member herein shall not affect the validity of this POA or Xxxxxx’s interest in the Collateral. After the occurrence of any Default or Event of Default, Member waives all rights to be advised of or to receive said notices, statements or communications and agrees that no proxies issued by Xxxxxx as aforesaid shall be effective thereafter.
Registered Holder of Collateral. If any Collateral consists of investment securities, Debtor authorizes Secured Party to transfer the same or any part thereof into its own name or that of its nominee so that Secured Party its nominee may appear of record as the sole owner thereof and if such securities are so transferred prior to an Event of Default, the Secured Party gives to Debtor a revocable proxy to vote and take all action with respect to such securities, such proxy to be effective so long as there has not occurred an Event of Default and Secured Party has not delivered to Debtor a written notice of revocation of such proxy. After receipt of such revocation, Debtor waives all rights to be advised of or to receive any notices, statements or communications received by Secured Party or its nominee as such record owner, and agrees that no proxy or proxies given by Secured Party to Debtor as aforesaid shall thereafter be effective.
Registered Holder of Collateral. Pledgor authorizes the Bank to transfer any of the Collateral into its own name or that of its nominee so that the Bank or its nominee may appear on record as the sole owner thereof; provided, however, notwithstanding such a transfer, the Bank shall refrain from exercising its rights under Section 9 hereof until the occurrence of an Event of Default.
Registered Holder of Collateral. If any of the Collateral consists of investment securities, CUSO authorizes Members United to transfer the same into its own name or that of its nominee, and Members United may appear of record as the sole owner thereof. So long as no Default or Event of Default has occurred, Members United shall deliver promptly to CUSO all notices, statements or other communications received by it or its nominee as registered owner, and upon demand and receipt of payment of necessary expenses thereof, shall issue to CUSO a proxy to vote and take all action with respect to such instruments. Notwithstanding the foregoing, failure by Members United to deliver any notice to CUSO herein shall not effect the validity of this Agreement or Members United's interest in the Collateral. After the occurrence of any Default or Event of Default, CUSO waives all rights to be advised of or to receive said notices, statements or communications and agrees that no proxies issued by Members United as aforesaid shall be effective thereafter.
Registered Holder of Collateral. At any time, either before or after an Event of Default has occurred and is continuing, Pledgee is authorized to transfer the Collateral or any part thereof into its own name or that of its nominee so that Pledgee or its nominee may appear of record as the sole owner thereof.
Registered Holder of Collateral. If any Collateral consists of Investment Property and to the extent not otherwise delivered to or held by the holder of the Senior Secured Interest, Debtors authorize Secured Party, subject to any limitations applicable to such Investment Property under the terms of such Investment Property, to transfer the same or any part thereof into its own name or that of its nominee so that Secured Party or its nominee may appear of record as the sole owner thereof; provided that so long as no Event of Default has occurred and is continuing as hereinafter provided, Secured Party shall deliver promptly to Debtors all notices, statements or other communications received by it or its nominee as such registered owner, and upon demand and receipt of payment of necessary expenses thereof, shall issue to Debtors or Debtors' designee a proxy or proxies to vote and take all action with respect to such Investment Property. After the occurrence of any such Event of Default, Debtors waive all rights to be advised or to receive any notices, statements or communications received by Secured Party or its nominee as such record owner, and agrees that no proxy or proxies issued by Secured Party to Debtors or their designee as aforesaid shall thereafter be effective.
Registered Holder of Collateral. Pledgor authorizes Secured Party to transfer the Collateral or any part thereof into its own name or that of its nominee so that Secured Party or its nominee may appear of record as the sole owner thereof; provided, however, that, prior to the Maturity Date, Secured Party shall deliver promptly to Pledgor all notices, statements or other communications received by it or its nominee as such registered owner and, upon demand and receipt of payment of necessary expenses thereof, shall give to Pledgor or its designee a proxy or proxies to vote and take all action with respect to such Collateral. On and after the Maturity Date, Pledgor waives all rights to be advised of or to receive any notices, statements or communications received by Secured Party or its nominees as such record owner and agrees that no proxy or proxies given by Secured Party to Pledgor or its designee as aforesaid shall thereafter be effective.
Registered Holder of Collateral. From and after the occurrence of an Event of Default, the Pledgor authorizes the Secured Party to transfer the Collateral or any part of it into the Secured Party's name or that of its nominee so that the Secured Party or its nominee may appear of record as the sole owner of the Collateral. From and after any such transfer, the Pledgor waives all right to be advised of or to receive any notices, statements or communications received by the Secured Party or its nominee as such record owner.
