Rights of Pledgor. 5.1 Until written notice from the Collateral Agent revoking such rights, the Pledgor shall have the right to (i) receive and retain all dividends and all other payments in respect of the Pledged Shares and (ii) receive, retain and exercise all other Ancillary Rights. Such written notice shall only be given by the Collateral Agent when the Pledgees are entitled to revoke the Pledgor's rights under this Clause 5.1 pursuant to Clause 8.1 (a), first sentence. For the avoidance of doubt, the parties hereby agree that the Depository Bank may rely on any written notice from the Collateral Agent hereunder without having to enquire whether the conditions of Clause 8.1 (a), or any other conditions, are satisfied. 5.2 The voting rights pertaining to the Shares remain with the Pledgor subject, however, to the provisions of Clause 7.4 below.
Appears in 2 contracts
Sources: Share Pledge Agreement, Share Pledge Agreement (BCP Crystal Holdings Ltd. 2)