Common use of Right to Vote Clause in Contracts

Right to Vote. Prior to the occurrence of a Default, the Pledgor may vote the Collateral for all purposes allowed within the restrictions set by this Agreement. The Pledgor agrees not to vote the Collateral or otherwise to act in any way which will adversely affect the value of the Collateral.

Appears in 6 contracts

Sources: Stock Pledge Agreement (Aura Systems Inc), Stock Pledge Agreement (Icm Asset Management Inc/Wa), Stock Pledge Agreement (Icm Asset Management Inc/Wa)

Right to Vote. Prior to the occurrence of a Default, the Pledgor may vote the Collateral for all purposes allowed within the restrictions set by this Agreement and otherwise imposed by the Merger Agreement and the agreements related thereto, including, without limitation, the Resale and Voting Agreement. The Pledgor agrees not to vote the Collateral or otherwise to act in any way which will adversely affect the value of the Collateral.

Appears in 4 contracts

Sources: Assumption of Obligations and Pledge Agreement (Genius Products Inc), Assignment, Assumption and Pledge Agreement (Genius Products Inc), Assignment, Assumption and Pledge Agreement (American Vantage Companies)

Right to Vote. Prior to As long as the occurrence of a Pledgor is not in Default, the Pledgor may vote the Collateral for all purposes allowed within the restrictions set by this Agreement. The Pledgor agrees not to vote , the Collateral or otherwise to act in any way which will adversely affect the value of the CollateralNote, and related documents.

Appears in 1 contract

Sources: Stock Pledge Agreement (Jayhawk Energy, Inc.)

Right to Vote. Prior to As long as the occurrence of a Pledgor is not in Default, and assuming the shares evidencing the Collateral have been issued and are outstanding, the Pledgor may vote the Collateral for all purposes allowed within the restrictions set by this Agreement. The Pledgor agrees not to vote the Collateral or otherwise to act in any way which will adversely affect the value of the Collateral, and related Loan Documents.

Appears in 1 contract

Sources: Commercial Loan Agreement (Sysorex, Inc.)

Right to Vote. Prior to As long as the occurrence of a Pledgor is not in Default, the Pledgor may vote the Collateral for all purposes allowed within the restrictions set by this Agreement, the Note, and the Purchase Agreement. The Pledgor agrees not to vote the Collateral shares or otherwise to act in any way which will adversely affect undermine the value of the Collateral.

Appears in 1 contract

Sources: Stock Pledge Agreement (Silver Hill Mines Inc)

Right to Vote. Prior to the occurrence As long as no Event of a DefaultDefault has occurred, the Pledgor may vote the Collateral for all purposes allowed within the restrictions set by this Agreement. The Pledgor agrees not to vote , the Collateral or otherwise to act in any way which will adversely affect the value of the CollateralNote, and related documents.

Appears in 1 contract

Sources: Membership Interest Pledge Agreement (Taronis Fuels, Inc.)