EXERCISE OF VOTING POWER. If a default shall occur and be continuing, Lender shall be entitled to exercise all voting power with respect to the Pledged Securities and to receive and retain, as additional Pledged Securities hereunder, any and all interest payments, distributions or dividends at any time declared or paid upon any of the Pledged Securities.
Appears in 2 contracts
Sources: Credit Agreement (Best Universal Lock Co), Credit Agreement (Best Lock Corp)