Common use of Voting and Payment Rights in Respect of the Pledged Equity Clause in Contracts

Voting and Payment Rights in Respect of the Pledged Equity. (i) So long as no Event of Default shall exist, each Obligor may (A) exercise any and all voting and other consensual rights pertaining to the Pledged Equity of such Obligor or any part thereof for any purpose not inconsistent with the terms of this Agreement or the Credit Agreement and (B) receive and retain any and all dividends (other than stock dividends and other dividends constituting Collateral which are addressed hereinabove), principal or interest paid in respect of the Pledged Equity to the extent they are allowed under the Credit Agreement; and

Appears in 31 contracts

Samples: Credit Agreement (Aaron's Company, Inc.), Security and Pledge Agreement (I3 Verticals, Inc.), Pledge and Security Agreement (Viemed Healthcare, Inc.)

AutoNDA by SimpleDocs

Voting and Payment Rights in Respect of the Pledged Equity. (iA) So long as no Event of Default shall exist, each Obligor Debtor may (A1) exercise any and all voting and other consensual rights pertaining to the Pledged Equity of such Obligor Debtor or any part thereof for any purpose not inconsistent with the terms of this Agreement or the Credit Securities Purchase Agreement and (B2) receive and retain any and all dividends (other than stock dividends and other dividends constituting Collateral which are addressed hereinabove), principal or interest paid in respect of the Pledged Equity to the extent they are allowed under the Credit Securities Purchase Agreement; and

Appears in 7 contracts

Samples: Pledge and Security Agreement (Lucy Scientific Discovery, Inc.), Pledge and Security Agreement (Cardiff Lexington Corp), Pledge and Security Agreement (La Rosa Holdings Corp.)

Voting and Payment Rights in Respect of the Pledged Equity. (iA) So long as no Event of Default shall exist, each Obligor Debtor may (A1) exercise any and all voting and other consensual rights pertaining to the Pledged Equity of such Obligor Debtor or any part thereof for any purpose not inconsistent with the terms of this Agreement or the Credit Securities Purchase Agreement and (B2) receive and retain any and all dividends (other than stock dividends and other dividends constituting Collateral which are addressed hereinabove), principal or interest paid in respect of the Pledged Equity to the extent they are allowed under the Credit Securities Purchase Agreement; and

Appears in 6 contracts

Samples: Security and Pledge Agreement (Cardiff Lexington Corp), Security and Pledge Agreement (Cardiff Lexington Corp), Pledge and Security Agreement (Good Hemp, Inc.)

Voting and Payment Rights in Respect of the Pledged Equity. (i) So long as no Event of Default shall existhave occurred and be continuing, each Obligor Pledgor may (A) exercise any and all voting and other consensual rights pertaining to the Pledged Equity of such Obligor Pledgor or any part thereof for any purpose not inconsistent with the terms of this Agreement or the Credit Agreement and (B) receive and retain any and all dividends (other than stock dividends and other dividends constituting Collateral which are addressed hereinabove), principal or interest paid in respect of the Pledged Equity to the extent they are allowed under the Credit Agreement; and

Appears in 4 contracts

Samples: Pledge Agreement (Huron Consulting Group Inc.), Pledge Agreement, Pledge Agreement (Huron Consulting Group Inc.)

Voting and Payment Rights in Respect of the Pledged Equity. (i) So long as no Event of Default shall exist, each Obligor Grantor may (A) exercise any and all voting and other consensual rights pertaining to the Pledged Equity of such Obligor Grantor or any part thereof for any purpose not inconsistent with the terms of this Agreement or the Credit Agreement and (B) receive and retain any and all dividends (other than stock dividends and other dividends constituting Collateral which are addressed hereinabove), principal or interest paid in respect of the Pledged Equity to the extent they are allowed under the Credit Agreement; and

Appears in 4 contracts

Samples: Assignment and Assumption (Trinet Group Inc), Credit Agreement (Trinet Group Inc), Security and Pledge Agreement (Sciquest Inc)

Voting and Payment Rights in Respect of the Pledged Equity. (i) So long as no Event of Default shall exist, each Obligor may (A) exercise any and all voting and other consensual rights pertaining to the Pledged Equity of such Obligor or any part thereof for any purpose not inconsistent with the terms of this Agreement or the Credit Loan Agreement and (B) receive and retain any and all dividends (other than stock dividends and other dividends constituting Collateral which are addressed hereinabove), principal or interest paid in respect of the Pledged Equity to the extent they are allowed under the Credit Loan Agreement; and

Appears in 2 contracts

Samples: Security and Pledge Agreement (Omega Protein Corp), Security and Pledge Agreement (Omega Protein Corp)

Voting and Payment Rights in Respect of the Pledged Equity. (i) So long as no Event of Default shall existhave occurred and be continuing, each Obligor may (A) exercise any and all voting and other consensual rights pertaining to the Pledged Equity of such Obligor or any part thereof for any purpose not inconsistent with the terms of this Agreement or the Credit Agreement Indenture and (B) receive and retain any and all dividends (other than stock dividends and other dividends constituting Collateral which are addressed hereinabove), principal or interest paid in respect of the Pledged Equity to the extent they are allowed not otherwise prohibited under the Credit AgreementIndenture; and

Appears in 2 contracts

Samples: Security and Pledge Agreement (StoneX Group Inc.), Security and Pledge Agreement (Intl Fcstone Inc.)

Voting and Payment Rights in Respect of the Pledged Equity. (i) So long as no Credit Event of Default shall exist, each Obligor may (A) exercise any and all voting and other consensual rights pertaining to the Pledged Equity of such Obligor or any part thereof for any purpose not inconsistent with the terms of this Agreement or the Credit Loan Facility Agreement and (B) receive and retain any and all dividends (other than stock dividends and other dividends constituting Collateral which are addressed hereinabove), principal or interest paid in respect of the Pledged Equity to the extent they are allowed under the Credit Loan Facility Agreement; and

Appears in 2 contracts

Samples: Loan Facility Agreement and Guaranty (Aaron's Company, Inc.), Loan Facility Agreement and Guaranty (Aaron's Company, Inc.)

Voting and Payment Rights in Respect of the Pledged Equity. (i) So long as no Event of Default shall existhave occurred and be continuing, each Obligor may (A) exercise any and all voting and other consensual rights pertaining to the Pledged Equity of such Obligor or any part thereof for any purpose not inconsistent with the terms of this Agreement or the Credit Agreement and (B) receive and retain any and all dividends (other than stock dividends and other dividends constituting Collateral which are addressed hereinabove), principal or interest paid in respect of the Pledged Equity to the extent they are allowed under the Credit Agreement; and

Appears in 2 contracts

Samples: Security and Pledge Agreement (Interface Inc), Security and Pledge Agreement (Interface Inc)

Voting and Payment Rights in Respect of the Pledged Equity. (i) So long as no Event of Default shall exist, each Obligor may (A) exercise any and all voting and other consensual rights pertaining to the Pledged Equity of such Obligor or any part thereof for any purpose not inconsistent with the terms of this Agreement or the Credit Agreement and (B) receive and retain any and all dividends (other than stock dividends and other dividends constituting subject to any requirement that Collateral which are addressed hereinabovebe delivered to the Administrative Agent hereunder), principal or interest paid in respect of the Pledged Equity to the extent they are allowed under the Credit Agreement; and

Appears in 2 contracts

Samples: Credit Agreement (WHITEWAVE FOODS Co), Credit Agreement (Dean Foods Co)

Voting and Payment Rights in Respect of the Pledged Equity. (i) So long as no Event of Default shall exist, each Obligor may (A) exercise any and all voting and other consensual rights pertaining to the Pledged Equity of owned by such Obligor or any part thereof for any purpose not inconsistent with the terms of this Agreement or the Credit Agreement Agreement, and (B) receive and retain any and all dividends (other than stock dividends and other dividends constituting Collateral which are addressed hereinaboveCollateral), principal or interest paid in respect of the Pledged Equity owned by such Obligor to the extent they are allowed under the Credit Agreement; and.

Appears in 1 contract

Samples: Security and Pledge Agreement (Owens & Minor Inc/Va/)

Voting and Payment Rights in Respect of the Pledged Equity. (i) So long as no Event of Default shall exist, each Obligor may (A) exercise any and all voting and other consensual rights pertaining to the Pledged Equity of such Obligor or any part thereof for any purpose not unless inconsistent with the terms of this Agreement or the Credit Agreement any other Loan Document and (B) receive and retain any and all dividends (other than stock dividends and other dividends constituting Collateral which are addressed hereinabove), principal or interest paid in respect of the Pledged Equity to the extent they are allowed under the Credit Agreementxxxxxxxxx; and

Appears in 1 contract

Samples: Loan, Security and Pledge Agreement (Greenlane Holdings, Inc.)

Voting and Payment Rights in Respect of the Pledged Equity. (i) So long as no Event of Default shall exist, each Obligor may (A) exercise any and all voting and other consensual rights pertaining to the Pledged Equity of such Obligor or any part thereof for any purpose not inconsistent with the terms of this Agreement or the Credit Agreement and (B) receive and retain any and all dividends (other than stock dividends and other dividends constituting Collateral which are addressed hereinabove), principal or interest paid in respect of the Pledged Equity to the extent they are allowed not prohibited under the Credit Agreement; and

Appears in 1 contract

Samples: Security and Pledge Agreement (Kid Brands, Inc)

Voting and Payment Rights in Respect of the Pledged Equity. (i) So long as no Event of Default shall exist, each Obligor may (A) exercise any and all voting and other consensual rights pertaining to the Pledged Equity of such Obligor or any part thereof for any purpose not inconsistent with the terms of this Agreement or the Credit Agreement any Financing Document and (B) receive and retain any and all dividends (other than stock dividends and other dividends constituting Collateral which are addressed hereinabove), principal or interest paid in respect of the Pledged Equity to the extent they are allowed under each of the Credit AgreementFinancing Documents; and

Appears in 1 contract

Samples: Credit Agreement (Kapstone Paper & Packaging Corp)

Voting and Payment Rights in Respect of the Pledged Equity. (i) So long as no Event of Default shall existhave occurred and be continuing, each Obligor may may: (A) exercise any and all voting and other consensual rights pertaining to the Pledged Equity of such Obligor Obligor, or any part thereof thereof, for any purpose not inconsistent with the terms of this Agreement or the Credit Agreement Agreement; and (B) receive and retain any and all dividends (other than stock dividends and other dividends constituting Collateral Collateral, which are addressed hereinabove), principal or interest paid in respect of the Pledged Equity Equity, to the extent they are allowed under the Credit Agreement; and

Appears in 1 contract

Samples: Security and Pledge Agreement (Rotech Healthcare Holdings Inc.)

Voting and Payment Rights in Respect of the Pledged Equity. (i) So long as no Unless and until there shall have occurred and be continuing an Event of Default shall existunder the Credit Agreement, each Obligor may (A) exercise any and all voting and other consensual rights pertaining to the Pledged Equity of such Obligor or any part thereof for any purpose not inconsistent with the terms of this Agreement or the Credit Agreement and (B) receive and retain any and all dividends (other than stock dividends and other dividends constituting Collateral which are addressed hereinabove), principal or interest paid in respect of the Pledged Equity to the extent they are allowed under the Credit Agreement; and

Appears in 1 contract

Samples: Credit Agreement (Dice Holdings, Inc.)

Voting and Payment Rights in Respect of the Pledged Equity. (i) So long as no Event of Default shall exist, and absent written notice from the Lender, each Obligor may (A) exercise any and all voting and other consensual rights pertaining to the Pledged Equity of such Obligor or any part thereof for any purpose not inconsistent with the terms of this Agreement or the Credit Agreement Agreement, and (B) receive and retain any and all dividends (other than stock dividends and other dividends distributions constituting Collateral which are addressed hereinabove), principal or interest paid in respect of the Pledged Equity to the extent they are allowed under the Credit Agreement; and.

Appears in 1 contract

Samples: Security and Pledge Agreement (Resources Connection Inc)

Voting and Payment Rights in Respect of the Pledged Equity. (i) So long as no Event of Default shall existhave occurred and is continuing, each Obligor may (A) exercise any and all voting and other consensual rights pertaining to the Pledged Equity of such Obligor or any part thereof for any purpose not inconsistent with the terms of this Agreement or the Credit Agreement and (B) receive and retain any and all dividends (other than stock dividends and other dividends constituting Pledged Equity which is Collateral and which are is addressed hereinabove), principal or interest paid in respect of the Pledged Equity to the extent they are allowed under the Credit Agreement; and

Appears in 1 contract

Samples: Postpetition Security and Pledge Agreement (FTD Companies, Inc.)

Voting and Payment Rights in Respect of the Pledged Equity. (i) So long as no Event of Default shall exist, each Obligor may (A) exercise any and all voting and other consensual rights pertaining to the Pledged Equity of such Obligor or any part thereof for any purpose not inconsistent with the terms of this Agreement or the Credit Agreement any Loan Document and (B) receive and retain any and all dividends (other than stock dividends and other dividends constituting Collateral which are addressed hereinabove), principal or interest paid in respect of the Pledged Equity to the extent they are allowed under the Credit Agreement; and

Appears in 1 contract

Samples: Credit Agreement (Kapstone Paper & Packaging Corp)

Voting and Payment Rights in Respect of the Pledged Equity. (i) i. So long as no Event of Default shall exist, each Obligor may (A) exercise any and all voting and other consensual rights pertaining to the Pledged Equity of such Obligor or any part thereof for any purpose not inconsistent with the terms of this Agreement or the Credit Loan Agreement and (B) receive and retain any and all dividends (other than stock dividends and other dividends constituting Collateral which are addressed hereinabove), principal or interest paid in respect of the Pledged Equity to the extent they are allowed under the Credit Loan Agreement; and

Appears in 1 contract

Samples: Form of Security and Pledge Agreement (Advanced Energy Industries Inc)

AutoNDA by SimpleDocs

Voting and Payment Rights in Respect of the Pledged Equity. (i) So i)So long as no Event of Default shall exist, each Obligor may (A) exercise any and all voting and other consensual rights pertaining to the Pledged Equity of such Obligor or any part thereof for any purpose not inconsistent with the terms of this Agreement or the Credit Agreement and (B) receive and retain any and all dividends (other than stock dividends and other dividends constituting Collateral which are addressed hereinabove), principal or interest paid in respect of the Pledged Equity to the extent they are allowed under the Credit Agreement; and

Appears in 1 contract

Samples: Security and Pledge Agreement (Lydall Inc /De/)

Voting and Payment Rights in Respect of the Pledged Equity. (iA) So long as no Event of Default shall exist, each Obligor may (A1) exercise any and all voting and other consensual rights pertaining to the Pledged Equity of such Obligor or any part thereof for any purpose not inconsistent with the terms of this Agreement or the Credit Securities Purchase Agreement and (B2) receive and retain any and all dividends (other than stock dividends and other dividends constituting Collateral which are addressed hereinabove), principal or interest paid in respect of the Pledged Equity to the extent they are allowed under the Credit Securities Purchase Agreement; and

Appears in 1 contract

Samples: Security and Pledge Agreement (Nexeon Medsystems Inc)

Voting and Payment Rights in Respect of the Pledged Equity. (i) So long as no Event of Default shall exist, each Obligor may (A) exercise any and all voting and other consensual rights pertaining to the Pledged Equity of such Obligor or any part thereof for any purpose not inconsistent with the terms of this Agreement or the Credit Agreement and (B) receive and retain any and all dividends (other than stock dividends and other dividends constituting Collateral which are expressly addressed hereinaboveherein above), principal or interest paid in respect of the Pledged Equity to the extent they are allowed under the Credit Agreement; and

Appears in 1 contract

Samples: Security and Pledge Agreement (Comscore, Inc.)

Voting and Payment Rights in Respect of the Pledged Equity. (i) So long as no Event of Default shall exist, each Obligor may (A) exercise any and all voting and other consensual rights pertaining to the Pledged Equity of such Obligor or any part thereof for any purpose not inconsistent with the terms of this Agreement or the Credit Agreement and (B) receive and retain any and all dividends and distributions (other than stock dividends and other dividends and distributions constituting Collateral which are addressed hereinabove), principal or interest paid in respect of the Pledged Equity to the extent they are allowed under the Credit Agreement; and

Appears in 1 contract

Samples: Security and Pledge Agreement (Health Insurance Innovations, Inc.)

Voting and Payment Rights in Respect of the Pledged Equity. (i) So long as no Event of Default shall exist, each Obligor Grantor may (A) exercise any and all voting and other consensual rights pertaining to the Pledged Equity of such Obligor Grantor or any part thereof for any purpose not inconsistent with the terms of this Agreement or the Credit Agreement and (B) receive and retain any and all dividends (other than stock dividends and other dividends constituting Collateral which are addressed hereinabove), principal or interest paid in respect of the Pledged Equity to the extent they such payments are allowed under the Credit Agreement; and

Appears in 1 contract

Samples: Security and Pledge Agreement (Standard Premium Finance Holdings, Inc.)

Voting and Payment Rights in Respect of the Pledged Equity. (iA) So long as no Event of Default shall existexist and be continuing, each Obligor Debtor may (A1) exercise any and all voting and other consensual rights pertaining to the Pledged Equity of such Obligor Debtor or any part thereof for any purpose not inconsistent with the terms of this Agreement or the Credit Securities Purchase Agreement and (B2) receive and retain any and all dividends (other than stock dividends and other dividends constituting Collateral which are addressed hereinabove), principal or interest paid in respect of the Pledged Equity to the extent they are allowed under the Credit Securities Purchase Agreement; and

Appears in 1 contract

Samples: Pledge and Security Agreement (Neuraxis, INC)

Voting and Payment Rights in Respect of the Pledged Equity. (i) So long as no Event of Default shall existExcept to the extent clause (ii) then applies, each Obligor may (A) exercise any and all voting and other consensual rights pertaining to the Pledged Equity of such Obligor or any part thereof for any purpose not inconsistent with the terms of this Agreement or the Credit Agreement and (B) receive and retain any and all dividends (other than stock dividends and other dividends constituting Collateral which are addressed hereinabove), principal or interest paid in respect of the Pledged Equity to the extent they are allowed under the Credit Agreement; and

Appears in 1 contract

Samples: Security and Pledge Agreement (PRGX Global, Inc.)

Voting and Payment Rights in Respect of the Pledged Equity. (i) So long as no Event of Default shall existhave occurred and be continuing, each Obligor Grantor may (A) exercise any and all voting and other consensual rights pertaining to the Pledged Equity of such Obligor Grantor or any part thereof for any purpose not inconsistent with the terms of this Agreement or the Credit Agreement and (B) receive and retain any and all dividends (other than stock dividends and other dividends constituting Collateral which are addressed hereinabove), principal or interest paid in respect of the Pledged Equity to the extent they are allowed under the Credit Agreement; and

Appears in 1 contract

Samples: Security and Pledge Agreement (Irobot Corp)

Voting and Payment Rights in Respect of the Pledged Equity. (i) So long as no Event of Default shall exist, each Obligor may (A) exercise any and all voting and other consensual rights pertaining to the Pledged Equity of such Obligor or any part thereof for any purpose not inconsistent with the terms of this Agreement or the Credit Agreement and (B) receive and retain any and all dividends (other than stock dividends and other similar dividends constituting Collateral which are expressly addressed hereinabove), principal or interest paid in respect of the Pledged Equity to the extent they are allowed under the Credit Agreement; and

Appears in 1 contract

Samples: Security and Pledge Agreement (InfrastruX Group, Inc.)

Voting and Payment Rights in Respect of the Pledged Equity. (i) So long as no Event of Default shall existhave occurred and be continuing, each Obligor may (A) exercise any and all voting and other consensual rights pertaining to the Pledged Equity of such Obligor or any part thereof for any purpose not inconsistent with the terms of this Agreement or the Credit Facility Agreement and (B) receive and retain any and all dividends (other than stock dividends and other dividends constituting Collateral which are addressed hereinabove), principal or interest paid in respect of the Pledged Equity to the extent they are allowed under the Credit Facility Agreement; and

Appears in 1 contract

Samples: Security and Pledge Agreement (Interface Inc)

Voting and Payment Rights in Respect of the Pledged Equity. (i) So long as no Event of Default shall exist, each Obligor may (A) exercise any and all voting and other consensual rights pertaining to the Pledged Equity of such Obligor or any part thereof for any purpose not inconsistent with the terms of this Agreement or the Credit Agreement Agreement, and (B) receive and retain any and all dividends (other than stock dividends and other dividends constituting Collateral which are addressed hereinabove), principal or interest paid in respect of the Pledged Equity to the extent they are allowed under the Credit Agreement; and.

Appears in 1 contract

Samples: Security and Pledge Agreement (AeroVironment Inc)

Voting and Payment Rights in Respect of the Pledged Equity. (i) So long as no Event of Default shall exist, each Obligor may (A) exercise any and all voting and other consensual rights pertaining to the Pledged Equity of such Obligor or any part thereof for any purpose not inconsistent with the terms of this Agreement or the Credit Agreement and (B) receive and retain any and all dividends (other than stock dividends and other dividends constituting Collateral which are addressed hereinabovesubject to the requirements to pledge such property pursuant to this Agreement), principal or interest paid in respect of the Pledged Equity to the extent they are allowed under the Credit Agreement; and

Appears in 1 contract

Samples: Security and Pledge Agreement (Teradyne, Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.