Common use of Rights of Pledgor in the Collateral Clause in Contracts

Rights of Pledgor in the Collateral. Until any Event of Default occurs under this Agreement, Pledgor shall be entitled to exercise all voting rights and to receive all dividends and other distributions that may be paid on any Collateral and that are not otherwise prohibited by the Financing Documents. Any cash dividend or distribution payable in respect of the Collateral that is, in whole or in part, a return of capital or that is made in violation of this Agreement or the Financing Documents shall be received by Pledgor in trust for Purchaser, shall be paid immediately to Purchaser and shall be retained by Purchaser as part of the Collateral. Upon the occurrence and during the continuation of an Event of Default, Pledgor shall, at the written direction of Purchaser, promptly, and in any case within one (1) business day, send a written notice to Issuer instructing Issuer, and shall cause Issuer, to remit all cash and other distributions payable with respect to the Ownership Interests (until such time as Purchaser notifies Pledgor that such Event of Default has ceased to exist) directly to Purchaser. Nothing contained in this paragraph shall be deemed to permit the payment of any sum or the making of any distribution which is prohibited by any of the Financing Documents, if any.

Rights of Pledgor in the Collateral. Until any Event of Default occurs under this Agreement, Pledgor shall be entitled to exercise all voting rights and to receive all dividends and other distributions that may be paid on any Collateral and that are not otherwise prohibited by the Financing Documents. Any cash dividend or distribution payable in respect of the Collateral that is, in whole or in part, a return of capital or that is made in violation of this Agreement or the Financing Documents shall be received by Pledgor in trust for PurchaserAgent, for its benefit and the benefit of the Lenders, shall be paid immediately to Purchaser Agent and shall be retained by Purchaser Agent as part of the Collateral. Upon the occurrence and during the continuation of an Event of Default, Pledgor shall, at the written direction of PurchaserAgent, promptly, and in any case within one (1) business day, send a written notice to Issuer Company instructing IssuerCompany, and shall cause IssuerCompany, to remit all cash and other distributions payable with respect to the Ownership Interests (until such time as Purchaser Agent notifies Pledgor that such Event of Default has ceased to exist) directly to PurchaserAgent. Nothing contained in this paragraph shall be deemed to permit the payment of any sum or the making of any distribution which is prohibited by any of the Financing Documents, if any.

Rights of Pledgor in the Collateral. Until any Event of Default occurs under this Agreement, Pledgor shall be entitled to exercise all voting rights and to receive all dividends and other distributions that may be paid on any Collateral and that are not otherwise prohibited by the Financing Documents. Any cash dividend or distribution payable in respect of the Collateral that is, in whole or in part, a return of capital or that is made in violation of this Agreement or the Financing Documents shall be received by Pledgor in trust for Purchaser, Lender shall be paid immediately to Purchaser Lender and shall be retained by Purchaser Lender as part of the Collateral. Upon the occurrence and during the continuation of an Event of Default, Pledgor shall, at the written direction of PurchaserLender, promptly, and in any case within one (1) business day, send a written notice to Issuer Company instructing IssuerCompany, and shall cause IssuerCompany, to remit all cash and other distributions payable with respect to the Ownership Interests (until such time as Purchaser Lender notifies Pledgor that such Event of Default has ceased to exist) directly to PurchaserLender. Nothing contained in this paragraph shall be deemed to permit the payment of any sum or the making of any distribution which is prohibited by any of the Financing Documents, if any.

Rights of Pledgor in the Collateral. Until any an Event of Default occurs and is continuing under this Agreement, Pledgor shall be entitled to exercise all voting rights and to receive all dividends and other distributions that may be paid on any Collateral and that are not otherwise prohibited by the Financing Loan Documents. Any cash dividend or distribution payable in respect of the Collateral that is, in whole or in part, a return of capital or that is made in violation of this Agreement or the Financing Loan Documents shall be received by Pledgor in trust for PurchaserAgent, for its benefit and the benefit of the Lenders, shall be paid immediately to Purchaser Agent and shall be retained by Purchaser Agent as part of the Collateral. Upon the occurrence and during the continuation of an Event of Default, Pledgor shall, at the written direction of PurchaserAgent, promptly, and in any case within one (1) business day, immediately send a written notice to Issuer Company instructing IssuerCompany, and shall cause IssuerCompany, to remit all cash and other distributions payable with respect to the Ownership Interests (until such time as Purchaser Agent notifies Pledgor that such Event of Default has ceased to exist) directly to PurchaserAgent. Nothing contained in this paragraph shall be deemed to permit the payment of any sum or the making of any distribution which is prohibited by any of the Financing Loan Documents, if any.

Rights of Pledgor in the Collateral. Until any So long as no Event of Default occurs has occurred and is continuing under this Agreement, each Pledgor shall be entitled to exercise all voting rights and to receive all dividends and other distributions that may be paid on any Collateral and that are not otherwise prohibited by the Financing Documents. Any cash dividend or distribution payable in respect of the Collateral that is, in whole or in part, a return of capital or that is made in violation of this Agreement or the Financing Documents shall be received by such Pledgor in trust for PurchaserAgent, for its benefit and the benefit of the Lenders, shall be paid immediately to Purchaser Agent and shall be retained by Purchaser Agent as part of the Collateral. Upon the occurrence and during the continuation of an Event of Default, each Pledgor shall, at the written direction of PurchaserAgent, promptly, and in any case within one (1) business day, immediately send a written notice to Issuer the applicable Company instructing Issuersuch applicable Company, and shall cause Issuersuch applicable Company, to remit all cash and other distributions payable with respect to the Ownership Interests (until such time as Purchaser Agent notifies such Pledgor that such Event of Default has ceased to exist) directly to PurchaserAgent. Nothing contained in this paragraph shall be deemed to permit the payment of any sum or the making of any distribution which is prohibited by any of the Financing Documents, if any.

Rights of Pledgor in the Collateral. Until any an Event of Default occurs under this Agreement, Pledgor shall be entitled to exercise all voting rights and to receive all dividends and other distributions that may be paid on any Collateral and that are not otherwise prohibited by the Financing Loan Documents. Any Subject to the Subordination Agreement, any cash dividend or distribution payable in respect of the Collateral that is, in whole or in part, a return of capital or that is made in violation of this Agreement or the Financing Loan Documents shall be received by Pledgor in trust for Purchaserthe Lender, shall be paid immediately to Purchaser the Lender and shall be retained by Purchaser the Lender as part of the Collateral. Upon the occurrence and during the continuation of an Event of Default, Pledgor shall, at the written direction of Purchaserthe Lender, promptly, and in any case within one (1) business day, immediately send a written notice to Issuer Company instructing IssuerCompany, and shall cause IssuerCompany, to remit all cash and other distributions payable with respect to the Ownership Interests (until such time as Purchaser the Lender notifies Pledgor that such Event of Default has ceased to exist) directly to Purchaserthe Lender. Nothing contained in this paragraph shall be deemed to permit the payment of any sum or the making of any distribution which is prohibited by any of the Financing Loan Documents, if any.