Common use of Rights Relating to Pledged Shares Clause in Contracts

Rights Relating to Pledged Shares. Upon the occurrence of an Event of Default (as defined herein), the Pledgee shall be entitled to vote the Pledged Shares, to receive dividends and other distributions thereon, and to enjoy all other rights and privileges incident to the ownership of the Pledged Shares.

Appears in 54 contracts

Samples: Pledge and Escrow Agreement (Textmunication Holdings, Inc.), Securities Purchase Agreement (MobiVentures Inc.), Pledge Agreement (Man Shing Agricultural Holdings, Inc)

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Rights Relating to Pledged Shares. Upon the occurrence of an Event of Default (as defined herein), the Pledgee shall be entitled to vote the Pledged Shares, to receive dividends and other distributions thereon, and to enjoy all other rights and privileges incident to the ownership of the number of Pledged SharesShares actually released from escrow in accordance with Section 6.1 hereof.

Appears in 24 contracts

Samples: Insider Pledge and Escrow Agreement (I2 Telecom International Inc), Insider Pledge and Escrow Agreement (I2 Telecom International Inc), Insider Pledge and Escrow Agreement (Airbee Wireless, Inc.)

Rights Relating to Pledged Shares. Upon the occurrence and during the continuance of an Event of Default (as defined herein), the Pledgee shall be entitled to vote the Pledged Shares, to receive dividends and other distributions thereon, and to enjoy all other rights and privileges incident to the ownership of the Pledged Shares.

Appears in 4 contracts

Samples: Pledge Agreement (Feel Golf Co Inc), Pledge Agreement (Vortex Resources Corp.), Pledge Agreement (Platina Energy Group Inc.)

Rights Relating to Pledged Shares. Upon the occurrence of an Event of Default (as defined herein), the Pledgee Pledgees shall be entitled to vote the Pledged Shares, to receive dividends and other distributions thereon, and to enjoy all other rights and privileges incident to the ownership of the Pledged Shares.

Appears in 4 contracts

Samples: Pledge Agreement (Decor Products International, Inc.), Pledge Agreement (Decor Products International, Inc.), Pledge and Escrow Agreement (Falcon Natural Gas Corp)

Rights Relating to Pledged Shares. Upon Only upon (and not prior to) and during the occurrence continuance of an Event of Default (as defined hereinbelow) (the “Trigger Date”), the Pledgee shall be entitled to vote the Pledged Shares, to receive cash dividends and other distributions thereon, and to enjoy all other rights and privileges incident to the ownership of the Pledged Shares.

Appears in 2 contracts

Samples: Pledge and Security Agreement (JX Luxventure LTD), Pledge and Security Agreement (Clancy Systems International Inc /Co/)

Rights Relating to Pledged Shares. Upon the occurrence of an Event of Default (as defined herein)) and transfer of some or all of the Pledged Shares to the Pledgee pursuant to the Pledgees entitlement, the Pledgee shall be entitled to vote the such transfered Pledged Shares, to receive dividends and other distributions thereon, and to enjoy all other rights and privileges incident to the ownership of the such transfered Pledged Shares.

Appears in 1 contract

Samples: Pledge and Escrow Agreement (Immune Response Corp)

Rights Relating to Pledged Shares. Upon the occurrence of an Event ---------------------------------- of Default (as defined herein), the Pledgee shall be entitled to vote the Pledged Shares, to receive dividends and other distributions thereon, and to enjoy all other rights and privileges incident to the ownership of the Pledged Shares.

Appears in 1 contract

Samples: Pledge and Escrow Agreement (Ns8 Corp)

Rights Relating to Pledged Shares. Upon and anytime after the occurrence of an Event of Default (as defined herein), the Pledgee Pledgee, or its designees, shall be entitled to vote the Pledged Shares, to receive dividends and other distributions thereon, to sell the Pledged Shares, and to enjoy all other rights and privileges incident to the ownership of the Pledged Shares.

Appears in 1 contract

Samples: Pledge and Escrow Agreement (Fox Petroleum Inc.)

Rights Relating to Pledged Shares. Upon the occurrence of an Event of Default (as defined herein), the Pledgee shall be entitled to vote the Pledged Shares, to receive dividends and other distributions thereon, and to enjoy all other rights and privileges incident to the ownership of the number of Pledged SharesShares actually released from escrow in accordance with Section 5 hereof.

Appears in 1 contract

Samples: Escrow Agreement (Earthshell Corp)

Rights Relating to Pledged Shares. Upon the occurrence of an Event of Default (as defined hereinin the Convertible Debenture), the Pledgee shall be entitled to vote the Pledged Shares, to receive dividends and other distributions thereon, and to enjoy all other rights and privileges incident to the ownership of the Pledged Shares.

Appears in 1 contract

Samples: Pledge and Escrow Agreement (Netfabric Holdings, Inc)

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Rights Relating to Pledged Shares. Upon the occurrence of an Event of Default (as defined herein)) and transfer of some or all of the Pledged Shares pursuant to the Pledgee’s entitlement, the Pledgee shall be entitled to vote the such transferred Pledged Shares, to receive dividends and other distributions thereon, and to enjoy all other rights and privileges incident to the ownership of the number of Pledged SharesShares actually released from escrow in accordance with Section 6.1 hereof.

Appears in 1 contract

Samples: Insider Pledge and Escrow Agreement (Immune Response Corp)

Rights Relating to Pledged Shares. Upon the occurrence and continuance of an Event of Default (as defined herein), the Pledgee shall be entitled to vote the Pledged Shares, to receive dividends and other distributions thereon, and to enjoy all other rights and privileges incident to the ownership of the Pledged Shares.

Appears in 1 contract

Samples: Pledge and Escrow Agreement (Startech Environmental Corp)

Rights Relating to Pledged Shares. Upon the occurrence of an Event of Default (as defined herein), the Pledgee Pledgees shall be entitled to vote their pro-rata allotments of the Pledged Shares, to receive dividends and other distributions thereon, and to enjoy all other rights and privileges incident to the ownership of the Pledged Shares.

Appears in 1 contract

Samples: Securities Purchase Agreement (DigitalPost Interactive, Inc.)

Rights Relating to Pledged Shares. Upon the occurrence of an Event of Default (as defined herein), the Pledgee shall be entitled to vote the Pledged SharesShares released to the Pledgee, to receive dividends and other distributions thereon, and to enjoy all other rights and privileges incident to the ownership of such Pledged Shares. Until such time, the Pledgee shall not have voting rights with respect to the Pledged SharesShares and the Pledgee shall not be entitled to any dividends, distributions or other rights incident to ownership of such securities.

Appears in 1 contract

Samples: Pledge and Escrow Agreement (Carbiz Inc)

Rights Relating to Pledged Shares. Upon the occurrence of an Event of Default (as defined herein)) and transfer of some or all of the Pledged Shares to the Pledgee pursuant to the Pledgee’s entitlement, the Pledgee shall be entitled to vote the such transfered Pledged Shares, to receive dividends and other distributions thereon, and to enjoy all other rights and privileges incident to the ownership of the such transfered Pledged Shares.

Appears in 1 contract

Samples: Pledge and Escrow Agreement (Immune Response Corp)

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