Common use of Voting and Distributions Clause in Contracts

Voting and Distributions. So long as no Event of Default shall have occurred and be continuing and such Grantor has received notice from the Collateral Agent to refrain from doing so, each Grantor shall be entitled to exercise or refrain from exercising any and all voting and other consensual rights pertaining to the Investment Related Property or any part thereof.

Appears in 6 contracts

Sources: Pledge and Security Agreement, Revolving Credit Facility Pledge and Security Agreement, Credit Agreement (Zekelman Industries, Inc.)