Voting of Pledged Shares. Subject to the provisions of the Articles and the Investment Agreement, Pledgor hereby irrevocably constitutes and appoints Secured Party in connection with all securities that comprise the Collateral, whether or not the securities have been transferred into the name of Secured Party or its nominee, as Pledgor’s proxy (and such proxy shall be deemed to be coupled with an interest) with full power, solely upon the occurrence and during the continuance of an Event of Default and the exercise of Secured Party’s rights under this Section 7, to:
Voting of Pledged Shares. The Parent, iXL and the Borrower each agree that the Pledged Shares (as defined in the Pledge Agreement) shall be voted in the same manner (and proportionally) on all matters for which holders of Purchaser Shares may vote as all other Purchaser Shares (assuming conversion of preferred stock) held by all parties other than the Borrower, iXL, the Parent or any of their affiliates (other than the Purchaser).
Voting of Pledged Shares. Unless an Event of Default (as that term is defined in Section 10 below) has occurred and is continuing:
Voting of Pledged Shares. Until the occurrence of an Event of Default, the Pledged Shares shall be treated as shares of the Pledgor and the Pledgor shall be entitled to vote at any meeting of the shareholders of the Company or its successor corporations. Until the occurrence of an Event of Default, no dividends shall be payable to the Secured Party on or with respect to the Pledged Shares. Pledgor hereby grants to the Secured Party, upon the occurrence of an Event of Default, the right to vote the Pledged Shares during the continuance of such Event of Default whether or not the Secured Party seeks any other remedies available to him under this Agreement or any applicable law or in equity. Pledgor agrees that upon the occurrence of an Event of Default and during its continuance thereof, Pledgor will not accept any dividends or distributions on the Pledged Shares.
Voting of Pledged Shares. Unless and until the Collateral is transferred to Investor pursuant to the terms and conditions of this Agreement, each Shareholder shall continue to have the right (subject to his obligations under this Agreement) to:
Voting of Pledged Shares. If (i) there shall have occurred and be continuing an Event of Default, and (ii) notice shall have been given by the Administrative Agent terminating or suspending such rights, then and in every such case, the Administrative Agent shall be entitled (x) to vote (and exercise all rights and powers in respect of voting) all or any part of the Pledged Shares (whether or not transferred into the name of the Administrative Agent) and give all consents, waivers and ratifications in respect of the Pledged Shares and otherwise act with respect thereto as though it were the outright owner thereof (the Grantor hereby irrevocably constituting and appointing the Administrative Agent the proxy and attorney-in-fact of the Grantor, with full power of substitution to do so); and (y) receive all amounts payable in respect of the Pledged Collateral otherwise payable under Section 5 to the Grantor.
Voting of Pledged Shares. 9 Section 17.04. Principal and Other Payment.....................................................................................9 ARTICLE XVIII DEFINITIONS.....................................................................................................9
Voting of Pledged Shares. So long as an Event of Default shall not exist, the Company may vote, in its discretion, all of the Pledged Shares of any Pledged Subsidiary and exercise any and all rights pertaining to the ownership of said Pledged Shares. The Trustee shall have the right to cause the Pledged Shares of any Pledged Subsidiary to be transferred of record into its name or the name of its nominee upon the occurrence of an Event of Default. When an Event of Default shall not exist, the Company shall have the right to vote and give consent to all matters not contrary to the covenants herein or elsewhere contained in this Indenture, with the same force and effect as though the Pledged Shares were not subject to this Indenture; and from time to time, upon the request of the Company, the Trustee shall forthwith make and deliver to the Company, or to its nominee or nominees, suitable powers of attorney or proxies to vote the Pledged Shares of any Pledged Subsidiary which shall have been transferred to the Trustee, or its nominee, or to give consents in respect thereof. If an Event of Default shall exist, the Trustee may in its discretion, and if requested in writing by the holders of twenty-five percent (25%) or more in principal amount of the Bonds then Outstanding, shall thereafter vote such Pledged Shares in its discretion or as it may be requested in writing by the holders of a majority in principal amount of the Bonds then Outstanding; PROVIDED, that if all Events of Default shall be cured or waived, the right of the Company to vote and give consents which respect to the Pledged Shares, and the duty of the Trustee to execute powers of attorney and proxies as hereinabove provided, shall revive and continue and the Trustee shall immediately transfer or cause the transfer to the record name of the Company any Pledged Shares of a Pledged Subsidiary that are in the record name of the Trustee or its nominee.
Voting of Pledged Shares. Until the occurrence of an event of Default, the Pledged Shares shall be treated as shares of Pledgor and Pledgor shall be entitled to vote at any meeting of the stockholders of the Company or its successor corporations. Until the occurrence of an event of Default, no dividends shall be payable to the Secured Parties on or with respect to the Pledged Shares. Pledgor hereby grants to the Secured Parties, upon the occurrence of an event of Default hereunder, the right to vote the Pledged Shares during the continuance of such event of Default whether or not the Secured Parties seek any other remedies available to them under this Security Agreement or any applicable law or in equity.
Voting of Pledged Shares. Subject to any grant of conflicting rights ------------------------ to the trustee under the Trust Indenture, Pledgor hereby irrevocably constitutes and appoints Secured Party in connection with all Securities which comprise the Collateral, whether or not the Securities have been transferred into the name of Secured Party or its nominee, as Pledgor's proxy (and such proxy shall be deemed to be coupled with an interest) with full power, solely upon the occurrence and during the continuance of an Event of Default and the exercise of Secured Party's rights under this Section 7, to:
