Common use of Subsequent Changes Affecting Collateral Clause in Contracts

Subsequent Changes Affecting Collateral. The Pledgor represents to the Pledgee that the Pledgor has made its own arrangements for keeping informed of changes or potential changes affecting the Pledged Collateral (including, but not limited to, rights to convert, warrants, rights to subscribe, payment of dividends, reorganization or other exchanges, tender offers and voting rights), and the Pledgor agrees that the Pledgee shall have no responsibility or liability for informing the Pledgor of any such changes or potential changes or for taking any action or omitting to take any action with respect thereto. The Pledgor covenants that it will not, without the prior written consent of the Pledgee, sell or otherwise dispose of, or grant any option, warrant, debenture, or other agreement convertible into the Common Stock with respect to, or enter into any shareholder, voting trust or other agreement with respect to any of the Pledged Collateral or create or permit to exist any lien or encumbrance upon or with respect to any of the Pledged Collateral. 11.

Subsequent Changes Affecting Collateral. The Pledgor represents to the Pledgee that the Pledgor has made its own arrangements for keeping informed of changes or potential changes affecting the Pledged Collateral (including, but not limited to, rights to convert, warrants, rights to subscribe, payment of dividends, reorganization or other exchanges, tender offers and voting rights), and the Pledgor agrees that the Pledgee shall have no responsibility or liability for informing the Pledgor of any such changes or potential changes or for taking any action or omitting to take any action with respect thereto. The Pledgor covenants that it will not, without the prior written consent of the Pledgee, sell or otherwise dispose of, or grant any option, warrant, debenture, or other agreement convertible into the Common Stock with respect to, or enter into any shareholder, voting trust or other agreement with respect to any of the Pledged Collateral or create or permit to exist any lien or encumbrance upon or with respect to any of the Pledged Collateral. 11.