Voting Rights and Distributions. During the term of this Agreement ------------------------------- and as long as neither GMC nor RAI is in default under the Purchase Agreement, GMC and RAI each shall have the right to vote the Shares and any additional shares of the capital stock of the Company held on their behalf hereunder and to receive all cash distributions thereon subject to the limitations set forth in Section 1.2.
Appears in 2 contracts
Sources: Escrow Agreement (Tarrant Apparel Group), Escrow Agreement (Tarrant Apparel Group)