Exercise of Rights in Pledged Securities and other Investment Property. The Grantor will permit the Agent or its nominee at any time after the occurrence of a Default, 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 1 contract
Sources: Credit Agreement (Matrix Service Co)
Exercise of Rights in Pledged Securities and other Investment Property. The Each Grantor will permit the Agent or its nominee at any time after the occurrence of a Default, 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 1 contract
Exercise of Rights in Pledged Securities and other Investment Property. The Each Grantor will permit the Agent or its nominee at any time after the occurrence and during the continuance of a Default, without notice, to exercise all voting and corporate rights relating to the CollateralPledged Securities or any partnership interest or ownership interest in any limited liability company, 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 1 contract
Exercise of Rights in Pledged Securities and other Investment Property. The Each Grantor will permit the Agent or its nominee at any time after the occurrence of a and during the continuance of an Event of Default, without after notice, to exercise all voting and corporate rights relating to the CollateralPledged Securities, 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 partnership or limited liability company constituting Collateral and the Stock Rights as if it were the absolute owner thereof.
Appears in 1 contract