Distribution. 5.1 So long as an Event of Default does not exist, Debtor shall be entitled to exercise all voting power pertaining to any of the Collateral, provided such exercise is not contrary to the interests of the Lenders and does not impair the Collateral.
Appears in 10 contracts
Sources: Security Agreement (Advanced Mineral Technologies, Inc), Security Agreement (Rvue Holdings, Inc.), Security Agreement (Pershing Gold Corp.)
Distribution. 5.1 So long as an Event of Default does not exist, Debtor Debtors shall be entitled to exercise all voting power pertaining to any of the Collateral, provided such exercise is not contrary to the interests of the Lenders and does not impair the Collateral.
Appears in 9 contracts
Sources: Security Agreement (Lotus Pharmaceuticals, Inc.), Security Agreement (Franklin Towers Enterprises Inc), Security Agreement (Diamond Entertainment Corp)
Distribution. 5.1 So long as an no Event of Default does not existexists, Debtor Debtors shall be entitled to exercise all voting power pertaining to any of the Collateral, provided such exercise is not contrary to the interests of the Lenders and does not impair the Collateral.
Appears in 8 contracts
Sources: Security Agreement, Security Agreement (Ceragenix Pharmaceuticals, Inc.), Security Agreement (Dalrada Financial Corp)
Distribution. 5.1 So long as an Event of Default does not exist, Debtor Debtors shall be entitled to exercise all voting power pertaining to any of the Collateral, provided such exercise is not contrary to the interests of the Lenders and does not materially impair the Collateral.
Appears in 6 contracts
Sources: Subscription Agreement (Options Media Group Holdings, Inc.), Security Agreement (Boomj Inc), Security Agreement (Wizzard Software Corp /Co)
Distribution. 5.1 So long as an Event of Default does not exist, Debtor Debtors shall be entitled to exercise all voting power pertaining to any of the Collateral, provided such exercise is not contrary to the interests of the Lenders Subscribers and does not impair the Collateral.
Appears in 5 contracts
Sources: Security Agreement (Armada Oil, Inc.), Security Agreement (China Yongxin Pharmaceuticals Inc.), Security Agreement (China Yongxin Pharmaceuticals Inc.)
Distribution. 5.1 So long as an no Event of Default does not existexists, Debtor Debtors shall be entitled to exercise all voting power and receive payments pertaining to any of the Collateral, provided such exercise is not contrary to the interests of the Lenders and does not impair the Collateral.
Appears in 5 contracts
Sources: Security Agreement (Ustelematics Inc), Security Agreement (Aprecia Inc), Security Agreement (Universal Communication Systems Inc)
Distribution. 5.1 So long as an Event of Default does not exist, Debtor Debtors shall be entitled to exercise all voting power pertaining to any of the Collateral, provided such exercise is not contrary to the interests of the Lenders Lender and does not impair the Collateral.
Appears in 3 contracts
Sources: Security Agreement (Money4gold Holdings Inc), Security Agreement (Collexis Holdings, Inc.), Security Agreement (Money4gold Holdings Inc)
Distribution. 5.1 So long as an Event of Default or a Default (as defined in the Loan Agreement) does not exist, Debtor shall be entitled to exercise all voting power pertaining to any of the Collateral, provided such exercise is not contrary to the interests of the Lenders Lender and does not impair the Collateral.
Appears in 1 contract
Distribution. 5.1 So long as an Event of Default does not exist, Debtor Debtors shall be entitled to exercise all voting power pertaining to any of the Collateral, provided such exercise is not contrary to the rights and interests of the Lenders hereunder and does not impair the Collateral.
Appears in 1 contract
Sources: Security Agreement (Securac Corp)
Distribution. 5.1 So long as an Event of Default does not exist, Debtor Debtors shall be entitled to exercise all voting power pertaining to any of the Collateral, provided such exercise is not contrary to the interests of the Lenders and does not impair the Collateral. Notwithstanding the provisions of Section 4.5 hereof, as long as an Event of Default has not occurred and does not exist, Debtors shall be entitled to receive and retain all dividends payable in cash.
Appears in 1 contract
Distribution. 5.1 So long as an no Event of Default does not existexists, Debtor Debtors shall be entitled to exercise all voting power pertaining to any of the Collateral, provided such exercise is not contrary to the interests of the Lenders Lender and does not impair the Collateral.
Appears in 1 contract
Distribution. 5.1 So long as an no Event of Default does not existexists, Debtor Debtors shall be entitled (i) to exercise all voting power pertaining to any of the Collateral, provided such exercise is not contrary to the interests of the Lenders and does not impair the Collateral, and (ii) may receive and retain any and all proceeds, dividends, interest payments or other distributions paid in respect of the Collateral.
Appears in 1 contract
Distribution. 5.1 So long as an Event of Default does not exist, Debtor shall be entitled to exercise all voting power pertaining to any of the Collateral, provided such Collateral and exercise is not contrary all of Debtor’s rights and privileges with regard to the interests all proceeds of any of the Lenders Collateral and does not impair the Collateral.all income, dividends and profits, with respect thereto, as well as Debtor’s rights and privileges with regard to Collateral pursuant to Section 6.2 of this Agreement
Appears in 1 contract
Sources: Pledge and Security Agreement (Advance Nanotech, Inc.)
Distribution. 5.1 So long as an Event of Default does not exist, Debtor shall be entitled to exercise all voting power pertaining to any of the Collateral, provided such exercise is not contrary to the interests of the Lenders Lender and does not impair the Collateral.
Appears in 1 contract
Sources: Security Agreement (Eclips Media Technologies, Inc.)
Distribution. 5.1 So long as an Event of Default does not exist, Debtor shall be entitled to exercise all voting power pertaining to any of the Collateral, provided such exercise is not contrary to the interests of the Lenders and does not materially impair the Collateral.
Appears in 1 contract
Sources: Security Agreement (Conolog Corp)
Distribution. 5.1 So long as an no Event of Default does not existexists, Debtor shall be entitled (i) to exercise all voting power pertaining to any of the Collateral, provided such exercise is not contrary to the interests of the Lenders and does not impair the Collateral and (ii) may receive and retain any and all proceeds, dividends, interest payments or other distributions paid in respect of the Collateral.
Appears in 1 contract