Rights of Pledgee. Pledgee shall not be liable for failure to collect or realize upon the Liabilities or any collateral security or guaranty therefor, or any part thereof, or for any delay in so doing, nor shall Pledgee be under any obligation to take any action whatsoever with regard thereto. Any or all of the Pledged Shares held by Pledgee hereunder may, if an Event of Default has occurred and is continuing, without notice, be registered in the name of Pledgee or its nominee, and Pledgee or its nominee may thereafter without notice exercise all voting and corporate rights at any meeting with respect to any Pledge Entity and exercise any and all rights of conversion, exchange, subscription or any other rights, privileges or options pertaining to any of the Pledged Shares as if it were the absolute owner thereof, including, without limitation, the right to vote in favor of, and to exchange at its discretion any and all of the Pledged Shares upon, the merger, consolidation, reorganization, recapitalization or other readjustment with respect to any Pledge Entity or upon the exercise by any Pledge Entity, Pledgor or Pledgee of any right, privilege or option pertaining to any of the Pledged Shares, and in connection therewith, to deposit and deliver any and all of the Pledged Shares with any committee, depository, transfer agent, registrar or other designated agency upon such terms and conditions as Pledgee may reasonably determine, all without liability except to account for property actually received by Pledgee, but Pledgee shall have no duty to exercise any of the aforesaid rights, privileges or options and shall not be responsible for any failure to do so or delay in so doing.
Rights of Pledgee. If a Triggering Event shall have occurred, (a) any of or all the Pledged Stock included in the Collateral may, without notice, be registered in the name of Pledgee or its nominee and Pledgee shall have the right to exchange certificates or instruments representing or evidencing the Pledged Stock included in the Collateral for certificates or instruments of smaller or larger denominations, (b) Pledgee may collect and receive all cash dividends and other distributions made thereon, and (c) Pledgee or its nominee may thereafter, after notice to Pledgor, exercise all voting and corporate rights at any meeting of any corporation or other entity issuing any of the Pledged Stock and give consents, waivers and ratification in respect of the Pledged Stock, in each case as if it were the sole and absolute owner thereof.
Rights of Pledgee. Pledgee may, while there exists an uncured Default, resort to the Collateral for the payment of any of the Obligations, whether or not it shall have resorted to any other property or shall have proceeded against any party primarily or secondarily liable on any of the Obligations.
Rights of Pledgee. At any time after the security hereby created shall become enforceable the Pledgee may (without notice to the Pledgor) from time to time do any one or more of the following:
Rights of Pledgee. If Pledgor is in default of the performance of liability obligation, Pledgee is entitled to be compensated on a preferential basis with the conversion, auction or sale price of the Shares held by Pledgor. Pledgee has the right to collect the bonus incurring from the pledged Shares.
Rights of Pledgee. Neither Pledgee nor any of the Lenders shall be liable for failure to collect or realize upon the Liabilities or any collateral security or guaranty therefor, or any part thereof, or for any delay in so doing, nor shall Pledgee or any of the Lenders be under any obligation to take any action whatsoever with regard thereto. Any or all of the Pledged Collateral held by Pledgee hereunder may, if a Default has occurred and is continuing, be registered in the name of Pledgee or its nominee and Pledgee or its nominee may thereafter without notice exercise all voting and corporate or limited liability company rights at any meeting with respect to Pledgor and any Subsidiary and exercise any and all rights of conversion, exchange, subscription or any other rights, privileges or options pertaining to any of the Pledged Collateral as if it were the absolute owner thereof, including, without limitation, the right to vote
Rights of Pledgee. Pledgee shall not be liable for failure to collect or realize upon the Collateral, or any part thereof, or for any delay in so doing, nor shall it be under any obligation to take any action whosoever with regard thereto. If an event of default under the Loan Documents has occurred and is continuing, Pledgee may, without notice to Pledgor, exercise all rights, privileges or options pertaining to the Ownership Interests as if it were the absolute owner thereof, upon such terms and conditions as it may determine, all without liability except to account for property actually received by Pledgee, but Pledgee shall have no duty to exercise any of the aforesaid rights, privileges or options and shall not be responsible for any failure to do so or delay in so doing.
Rights of Pledgee. The Pledgee, in its discretion, may apply any and all proceeds of disposition of Collateral and other amounts collected or received, pursuant to this Agreement or in the exercise of its rights, remedies and powers hereunder, against Obligations, and may exercise said rights, remedies and powers without regard to the existence of any other security or sources of payment for any of the Obligations.
Rights of Pledgee. (a) If any Event of Default occurs, then in addition to any other rights set forth herein, Pledgee shall have all the rights of a secured creditor at law or in equity and under the Uniform Commercial Code in effect at the time in the State of Kansas, including that Pledgee at its sole option may without demand of performance or other demand, advertisement or notice of any kind (except notice of the time and place of public or private sale to the extent required by applicable law) to or upon Pledgor or any other person (all of which are, to the extent permitted by law, hereby expressly waived), immediately take any one or more of the following actions:
Rights of Pledgee. If an Event of Default shall occur: (i) Pledgee shall have the right to receive any and all cash dividends paid in respect of the Pledged Shares, and (ii) at Pledgee's option, all the Collateral shall be transferred into the name of Pledgee or its nominee, and Pledgee or its nominee may, at its option, thereafter exercise (A) all voting and other rights pertaining to the Collateral and (B) any and all rights of conversion, exchange, subscription and any other rights, privileges or options pertaining to the Collateral as if it were the absolute owner thereof, all without liability except to account for property actually received by it, but Pledgee shall have no duty to the Pledgor to exercise any such right, privilege or option and shall not be responsible for any failure to do so or delay in so doing.
