Common use of Voting Rights; Dividends and Interest Clause in Contracts

Voting Rights; Dividends and Interest. (a) Unless and until an Event of Default shall have occurred and be continuing and the Administrative Agent shall have notified the Credit Parties that their rights under this Section 3.05 are being suspended:

Appears in 3 contracts

Samples: Guarantee and Collateral Agreement (Walker & Dunlop, Inc.), Guarantee and Collateral Agreement (Walker & Dunlop, Inc.), Guarantee and Collateral Agreement (Walker & Dunlop, Inc.)

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Voting Rights; Dividends and Interest. (a) Unless and until an Event of Default shall have occurred and be continuing and the Administrative Agent shall have notified provided three (3) Business Days’ prior written notice to the Credit Parties Borrowers that their the rights of the Grantors under this Section 3.05 2.06 are being suspended:

Appears in 3 contracts

Samples: Intercreditor Agreement (Option Care Health, Inc.), Abl Credit Agreement (Option Care Health, Inc.), Intercreditor Agreement (Option Care Health, Inc.)

Voting Rights; Dividends and Interest. (a) Unless and until an Event of Default shall have occurred and be is continuing and the Administrative Collateral Agent shall have notified the Credit Loan Parties that their rights under this Section 3.05 3.06 are being suspended:

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Spectrum Brands, Inc.)

Voting Rights; Dividends and Interest. (a) Unless and until an Event of Default shall have occurred and be continuing and the Administrative Collateral Agent shall have notified the Credit Loan Parties that their rights under this Section 3.05 3.06 are being suspended:suspended (such notice to be provided at least one Business Day prior to the date of effectiveness of such suspension):

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (PharMerica CORP)

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Voting Rights; Dividends and Interest. (a) Unless and until an Event of Default shall have occurred and be continuing and the Administrative Agent shall have notified Borrower that the Credit Parties that their Obligors’ rights under this Section 3.05 7.3.6 are being suspended:

Appears in 1 contract

Samples: Term Loan and Security Agreement (DXP Enterprises Inc)

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