Common use of Right to dividend Clause in Contracts

Right to dividend. (a) Subject to clause 8 (Enforcement of the Pledge) below, the Pledgor shall be entitled to receive the dividends and other distributions paid or payable by the Company on all or any of the Pledged Assets, unless the payment of such dividends or other distributions is or becomes prohibited by any Loan Document.

Right to dividend. (a) Subject to clause 8 (Enforcement of the Pledge) belowand clause 6.2.(b), the Pledgor shall be entitled to receive the dividends and retain any and all dividends, interest, principal and other distributions paid on or payable by the Company on all or any distributed in respect of the Pledged AssetsShares to the extent and only to the extent that such dividends, unless the payment of such dividends or interest, principal and other distributions is are permitted by, and are otherwise paid or becomes prohibited by any distributed in accordance with, the terms and conditions of the Credit Agreement, the other Loan DocumentDocuments and applicable laws.