Right to Vote Pledged Stock Sample Clauses

Right to Vote Pledged Stock. Unless a Default shall have occurred and be continuing, the Borrower shall have the right, from time to time, to vote and to give consents, ratifications and waivers with respect to the Pledged Stock, and the Agent shall, upon receiving a written request from the Borrower accompanied by a certificate signed by its principal financial officer stating that no Default has occurred and is continuing, deliver to the Borrower or as specified in such request such proxies, powers of attorney, consents, ratifications and waivers in respect of any of the Pledged Stock which is registered in the name of the Agent or its nominee as shall be specified in such request and be in form and substance satisfactory to the Agent. If a Default shall have occurred and be continuing, the Agent shall have the right to the extent permitted by law, and the Borrower shall take all such action as may be necessary or appropriate to give effect to such right, to vote and to give consents, ratifications and waivers, and take any other action with respect to any or all of the Pledged Stock with the same force and effect as if the Agent were the absolute and sole owner thereof.
AutoNDA by SimpleDocs
Right to Vote Pledged Stock. Unless an Acceleration Default shall have occurred and be continuing, the Lien Grantor shall have the right, from time to time, to vote and to give consents, ratifications and waivers with respect to the Pledged Stock, and the Collateral Agent shall, upon receiving a written request from the Obligor accompanied by a certificate signed by its principal financial officer stating that no Default has occurred and is continuing, deliver to the Lien Grantor or as specified in such request such proxies, powers of attorney, consents, ratifications and waivers in respect of any of the Pledged Stock which is registered in the name of the Collateral Agent or its nominee as shall be specified in such request and be in form and substance satisfactory to the Collateral Agent. If an Acceleration Default shall have occurred and be continuing, the Collateral Agent shall have the right to the extent permitted by law and the Lien Grantor shall take all such action as may be necessary or appropriate to give effect to such right, to vote and to give consents, ratifications and waivers, and take any other action with respect to any or all of the Pledged Stock with the same force and effect as if the Collateral Agent were the absolute and sole owner thereof.
Right to Vote Pledged Stock. Unless an Event of Default shall have occurred and is continuing, the Pledgor shall have the right, from time to time, to vote and to give consents, ratification and waivers with respect to the Pledged Stock, and the Secured Party shall, upon receiving a written request from the Pledgor accompanied by a certificate signed by its principal financial officer stating that no Default has occurred and is continuing, deliver to the Pledgor or as specified in such request such proxies, powers of attorney, consents, ratification and waivers in respect of any of the pledged Stock which is registered in the name of the Secured Party or his nominee as shall be specified in such request and be in form and substance satisfactory to the Secured Party. If a Default shall have occurred and be continuing, the Secured Party shall have the right to the extent permitted by law and the Pledgor shall take all such action as may be necessary or appropriate to give effect to such right, to vote and to give consents, ratification and waivers, and take any other action with respect to any or all of the Pledged Stock with the same force and effect as if the Secured Party were the absolute and sole owner thereof.
Right to Vote Pledged Stock. Unless an Event of Default shall have occurred and be continuing, the Pledgor shall have the right, from time to time, to vote and to give consents, ratifications and waivers with respect to the Pledged Stock. If an Event of Default shall have occurred and be continuing, then the Collateral Agent shall have the right to the extent permitted or recognized by law, and the Pledgor shall take all such action as may be necessary or appropriate to give effect to such right, to vote and to give consents, ratifications and waivers, and take any other action with respect to any or all of the Pledged Stock with the same force and effect as if the Collateral Agent were the absolute and sole owner thereof.
Right to Vote Pledged Stock. Unless a Default shall have occurred and be continuing, each Pledgor shall have the right, from time to time, to vote and to give consents, ratifications and waivers with respect to the Pledged Stock. If a Default shall have occurred and be continuing, the Collateral Agent shall have the right to the extent permitted by law and such Pledgor shall take all such action as may be necessary or appropriate to give effect to such right, to vote and to give consents, ratifications and waivers, and take any other action with respect to any or all of the Pledged Stock with the same force and effect as if the Collateral Agent were the absolute and sole owner thereof.
Right to Vote Pledged Stock. Subject to the terms of the Intercreditor Agreement, unless an Event of Acceleration shall have occurred and be continuing, the Pledgor shall have the right, from time to time, to vote and to give consents, ratifications and waivers with respect to the Pledged Stock, and the Trustee shall, upon receiving a written request from the Pledgor accompanied by a certificate signed by its principal financial officer stating that no Event of Default has occurred and is continuing, deliver to the Pledgor or as specified in such request such proxies, powers of attorney, consents, ratifications and waivers in respect of any of the Pledged Stock which is registered in the name of the Trustee or its nominee as shall be specified in such request and be in form and substance satisfactory to the Trustee. Subject to the terms of the Intercreditor Agreement, if an Event of Acceleration shall have occurred and be continuing, the Trustee shall have the right to the extent permitted by law and the Pledgor shall take all such action as may be necessary or appropriate to give effect to such right, upon receipt of written instructions from the Holders of a majority in aggregate principal amount of then outstanding Notes, to vote and to give consents, ratifications and waivers, and take any other action with respect to any or all of the Pledged Stock with the same force and effect as if the Trustee were the absolute and sole owner thereof. In the absence of such instructions, the Trustee shall not vote, give consents, ratifications and waivers or take any other action with respect to the Pledged Stock.
Right to Vote Pledged Stock. Unless an Event of Default shall have occurred and be continuing, each Grantor shall have the right, from time to time, to vote and to give consents, ratifications and waivers with respect to the Pledged Stock, and the Collateral Agent shall, upon receiving a written request from any Grantor accompanied by a certificate signed by its principal financial officer stating that no Event of Default has occurred and is continuing, deliver to such Grantor or as specified in such request such proxies, powers of attorney, consents, ratifications and waivers in respect of any of the Pledged Stock which is registered in the name of the Collateral Agent or its nominee as
AutoNDA by SimpleDocs
Right to Vote Pledged Stock. At any time that an Event of Default has occurred and is continuing, the Collateral Agent shall have the right to the extent permitted or recognized by law, and the Pledgor shall take all such action as may be necessary or appropriate to give effect to such right, to vote and to give consents, ratifications and waivers, and take any other action with respect to any or all of the Pledged Stock with the same force and effect as if the Collateral Agent were the absolute and sole owner thereof .
Right to Vote Pledged Stock. (a) Unless an Event of Default shall have occurred and be continuing, each Lien Grantor will have the right, from time to time, to vote and to give consents, ratifications and waivers with respect to the Pledged Stock, and the Collateral Agent will, upon receiving a written request from such Lien Grantor, deliver to such Lien Grantor or as specified in such request such proxies, powers of attorney, consents, ratifications and waivers in respect of any of the Pledged Stock that is registered in the name of the Collateral Agent or its nominee as shall be specified in such request and be in form and substance satisfactory to the Collateral Agent.
Right to Vote Pledged Stock. (a) Unless an Event of Default shall have occurred and be continuing, the Borrower will have the right, from time
Time is Money Join Law Insider Premium to draft better contracts faster.