Common use of Exercise of Rights in Pledged Securities and other Investment Property Clause in Contracts

Exercise of Rights in Pledged Securities and other Investment Property. Debtor will permit Secured Party or its nominee at any time while an Event of Default continues, without notice, to exercise all voting and corporate rights relating to the Collateral, including, without limitation, exchange, subscription or any other rights, privileges, or options pertaining to any corporate securities or other ownership interests or Investment Property in or of a corporation, partnership, joint venture or limited liability company constituting Collateral and the Stock Rights as if it were the absolute owner thereof.

Appears in 2 contracts

Sources: Pledge and Security Agreement (Rf Monolithics Inc /De/), Pledge and Security Agreement (Rf Monolithics Inc /De/)

Exercise of Rights in Pledged Securities and other Investment Property. Each Debtor will permit Secured Party or its nominee at any time while after the occurrence of and during the continuance of an Event of Default continuesDefault, without notice, to exercise all voting and corporate rights relating to the Collateral, including, without limitation, exchange, subscription or any other rights, privileges, or options pertaining to any corporate securities or other ownership interests or Investment Property in or of a corporation, partnership, joint venture or limited liability company constituting Collateral and the Stock Rights as if it were the absolute owner thereof.

Appears in 2 contracts

Sources: Pledge and Security Agreement (Home Solutions of America Inc), Pledge and Security Agreement (Home Solutions of America Inc)

Exercise of Rights in Pledged Securities and other Investment Property. The Debtor will permit the Secured Party or its nominee at any time while after the occurrence and during the continuance of an Event of Default continuesDefault, without notice, to exercise all voting and corporate other rights relating to the Collateral, including, without limitation, exchange, subscription or any other rights, privileges, or options pertaining to any corporate securities equity interests or other ownership interests or Investment Property in or of a corporation, partnership, joint venture or limited liability company constituting Collateral and the Stock Rights as if it were the absolute owner thereof.

Appears in 1 contract

Sources: Pledge Agreement (Quest Resource Holding Corp)