Common use of WHILE NO EVENT OF DEFAULT Clause in Contracts

WHILE NO EVENT OF DEFAULT. Unless and until there shall have occurred and be continuing an Event of Default, the Pledgor shall be entitled to exercise any and all voting and other consensual rights pertaining to the Collateral owned by it, and to give consents, waivers or ratifications in respect thereof.

Appears in 1 contract

Sources: Stock Pledge Agreement (Southern Star Central Corp)

WHILE NO EVENT OF DEFAULT. Unless and until there shall have occurred and be continuing an Event of Default, the Pledgor shall be entitled to exercise any and all voting and other consensual rights pertaining to the Collateral owned by it, and to give consents, waivers or ratifications in respect thereof. 6.

Appears in 1 contract

Sources: Utility Stock Pledge Agreement (35%)—new Tranche B Loan (Pg&e Corp)