Common use of Right to Vote Pledged Stock Clause in Contracts

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.

Right to Vote Pledged Stock. Unless a an Event of Default shall have occurred and be continuing, the Borrower HIG 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 HIG accompanied by a certificate signed by its principal financial officer stating that no Default has occurred and is continuing, deliver to the Borrower HIG 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 an Event of Default shall have occurred and be continuing, the Agent shall have the right to the extent permitted by law, law and the Borrower HIG 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.

Right to Vote Pledged Stock. Unless a an Event of Default shall have occurred and be continuing, the Borrower Holdings 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 Holdings accompanied by a certificate signed by its principal financial officer stating that no Default has occurred and is continuing, deliver to the Borrower Holdings 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 an Event of Default shall have occurred and be continuing, the Agent shall have the right to the extent permitted by law, law and the Borrower Holdings 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.

Right to Vote Pledged Stock. Unless a Default shall have occurred and be continuing, the Borrower each Grantor shall have the right, from time to time, to vote and to give consents, ratifications and waivers with respect to the its Pledged Stock, and the Security Agent shall, upon receiving a written request from the Borrower such Grantor accompanied by a certificate signed by its the principal financial officer of the Borrower stating that no Default has occurred and is continuing, deliver to the Borrower 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 Security Agent or its nominee as shall be specified in such request and be in form and substance satisfactory to the Security Agent. If a Default shall have occurred and be continuing, the Security Agent shall have the right to the extent permitted by law, law and the Borrower each 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 Security Agent were the absolute and sole owner thereof.

Right to Vote Pledged Stock. Unless a an Event of Default shall have occurred and be continuing, the Borrower Company 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 Company accompanied by a certificate signed by its principal financial officer stating that no Event of Default has occurred and is continuing, deliver to the Borrower Company 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 an Event of Default shall have occurred and be continuing, the Agent shall have the right to the extent permitted by law, law and the Borrower Company 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.

Right to Vote Pledged Stock. Unless a an Event of Default shall have occurred and be continuing, the Borrower LTC 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 LTC accompanied by a certificate signed by its principal financial officer stating that no Default has occurred and is continuing, deliver to the Borrower LTC 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 an Event of Default shall have occurred and be continuing, the Agent shall have the right to the extent permitted by law, law and the Borrower LTC 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.

Right to Vote Pledged Stock. Unless a an Event of Default shall have occurred and be continuing, the Borrower Company 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 Administrative Agent shall, upon receiving a written request from the Borrower Company accompanied by a certificate signed by its principal financial officer stating that no Event of Default has occurred and is continuing, deliver to the Borrower Company 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 Administrative Agent or its nominee as shall be specified in such request and be in form and substance satisfactory to the Administrative Agent. If a an Event of Default shall have occurred and be continuing, the Administrative Agent shall have the right to the extent permitted by law, and the Borrower Company 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 Administrative Agent were the absolute and sole owner thereof.

Right to Vote Pledged Stock. Unless a an Event of Default shall have occurred and be continuing, the Borrower Holdings 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 Holdings accompanied by a certificate signed by its principal financial officer stating that no Event of Default has occurred and is continuing, deliver to the Borrower Holdings 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 an Event of Default shall have occurred and be continuing, the Agent shall have the right to the extent permitted by law, law and the Borrower Holdings 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.