Common use of Voting Rights in Respect of the Pledged Collateral Clause in Contracts

Voting Rights in Respect of the Pledged Collateral. (i) So long as no Event of Default shall have occurred and be continuing, to the extent permitted by law until receipt by a Pledgor of written notice from the Administrative Agent, such Pledgor may exercise any and all voting and other consensual rights pertaining to the Pledged Collateral of such Pledgor or any part thereof for any purpose not inconsistent with the terms of this Pledge Agreement or the Credit Agreement; and (ii) Upon the occurrence and during the continuance of an Event of Default and, provided that all Borrowers have satisfied their obligation to notify the Administrative Agent of all Events of Default, following receipt by a Pledgor of written notice from the Administrative Agent, all rights of a Pledgor to exercise the voting and other consensual rights which it would otherwise be entitled to exercise pursuant to paragraph (i) of this subsection (d) shall cease and all such rights shall thereupon become vested in the Administrative Agent which shall then have the sole right to exercise such voting and other consensual rights which right shall revert to and vest in the applicable Pledgor upon the waiver or cure of all such Events of Default, and such Pledgor shall thereafter have the sole right to exercise such voting and other consensual rights subject to the terms of this clause (d).

Voting Rights in Respect of the Pledged Collateral. (i) So long Until such time as no an Event of Default shall have occurred and be continuingcontinuing and the Bank shall have given Borrower notice thereof, to the extent permitted by law until receipt by a Pledgor of written notice from the Administrative Agentlaw, such each Pledgor may exercise any and all voting and other consensual rights pertaining to the Pledged Collateral of such Pledgor or any part thereof for any purpose not inconsistent with the terms of this Pledge Agreement or the Credit Loan Agreement; and (ii) Upon Subject to Subsection (e) of this Section, upon the occurrence and during the continuance of an Event of Default and, provided that all Borrowers have satisfied their obligation to notify the Administrative Agent of all Events of Default, following receipt by a Pledgor of written and notice from the Administrative AgentBank to Borrower, all rights of a Pledgor to exercise the voting and other consensual rights which it would otherwise be entitled to exercise pursuant to paragraph (i) of this subsection Subsection (d) shall cease and all such rights shall thereupon become vested in the Administrative Agent Bank which shall then have the sole right to exercise such voting and other consensual rights which right shall revert to and vest in the applicable Pledgor upon the waiver or cure of all such Events of Default, and such Pledgor shall thereafter have the sole right to exercise such voting and other consensual rights subject to the terms of this clause (d)rights.

Voting Rights in Respect of the Pledged Collateral. (i) So long Until such time as no an Event of Default shall have occurred and be continuingcontinuing and the Bank shall have given Pledgor notice thereof, to the extent permitted by law until receipt by a Pledgor of written notice from the Administrative Agentlaw, such Pledgor may exercise any and all voting and other consensual rights pertaining to the Pledged Collateral of such Pledgor or any part thereof for any purpose not inconsistent with the terms of this Pledge Agreement or the Credit Loan Agreement; and (ii) Upon Subject to Subsection (e) of this Section, upon the occurrence and during the continuance of an Event of Default and, provided that all Borrowers have satisfied their obligation to notify the Administrative Agent of all Events of Default, following receipt by a Pledgor of written and notice from the Administrative AgentBank to Pledgor, all rights of a Pledgor to exercise the voting and other consensual rights which it would otherwise be entitled to exercise pursuant to paragraph (i) of this subsection Subsection (d) shall cease and all such rights shall thereupon become vested in the Administrative Agent Bank which shall then have the sole right to exercise such voting and other consensual rights which right shall revert to and vest in the applicable Pledgor upon the waiver or cure of all such Events of Default, and such Pledgor shall thereafter have the sole right to exercise such voting and other consensual rights subject to the terms of this clause (d)rights.

Voting Rights in Respect of the Pledged Collateral. (i) So long as no Event of Default shall have occurred and be continuing, to the extent permitted by law until receipt by a Pledgor of written notice from the Administrative Agentlaw, such each Pledgor may exercise any and all voting and other consensual rights pertaining to the Pledged Collateral of such Pledgor or any part thereof for any purpose not inconsistent with the terms of this Pledge Agreement or the Credit Agreement; andprovided, however, that Pledgor shall not exercise or shall refrain from exercising any such right if such action would have a material adverse effect on the value of the Pledged Collateral or any part thereof. (ii) Upon Subject to subsection (e) of this Section, upon the occurrence and during the continuance of a Default or an Event of Default and, provided that all Borrowers have satisfied their obligation to notify the Administrative Agent of all Events of Default, following receipt by a Pledgor of and upon written notice of the exercise of the following right from the Administrative Agent, all rights of a Pledgor to exercise the voting and other consensual rights which it would otherwise be entitled to exercise pursuant to paragraph (i) of this subsection (d) shall cease and all such rights shall thereupon become vested in the Administrative Agent which shall then have the sole right to exercise such voting and other consensual rights which right shall revert to and vest in the applicable Pledgor upon the waiver or cure of all such Events of Default, and such Pledgor shall thereafter have the sole right to exercise such voting and other consensual rights subject to the terms of this clause (d)rights.

Voting Rights in Respect of the Pledged Collateral. (i) So long as no Event of Default shall have occurred and be continuing, to the extent permitted by law until receipt by a Pledgor of written notice from the Administrative Agentlaw, such each Pledgor may exercise any and all voting and other consensual rights pertaining to the Pledged Collateral of such Pledgor or any part thereof for any purpose not inconsistent with the terms of this Pledge Agreement or the Credit AgreementIndenture; andprovided that Pledgor shall not exercise or shall refrain from exercising any such right if such action would have a material adverse effect on the value of the Pledged Collateral or any part thereof. (ii) Upon Subject to subsection (e) of this Section, upon the occurrence and during the continuance of an Event of Default and, provided that all Borrowers have satisfied their obligation to notify the Administrative Agent of all Events of Default, following receipt by a Pledgor of written notice from the Administrative Agent, all rights of a Pledgor to exercise the voting and other consensual rights which it would otherwise be entitled to exercise pursuant to paragraph (i) of this subsection (d) shall cease and all such rights shall thereupon become vested in the Administrative Collateral Agent which shall then have the sole right to exercise such voting and other consensual rights which right shall revert to and vest in the applicable Pledgor upon the waiver or cure of all such Events of Default, and such Pledgor shall thereafter have the sole right to exercise such voting and other consensual rights subject to the terms of this clause (d)rights.

Voting Rights in Respect of the Pledged Collateral. (i) So long as no Event of Default shall have occurred and be continuing, to the extent permitted by law until receipt by a Pledgor of written notice from the Administrative Agentlaw, such each Pledgor may exercise any and all voting and other consensual rights pertaining to the Pledged Collateral of such Pledgor or any part thereof for any purpose not inconsistent with the terms of this Pledge Agreement or the Credit Agreement; andprovided that Pledgor shall not exercise or shall refrain from exercising any such right if such action would have a material adverse effect on the value of the Pledged Collateral or any part thereof. (ii) Upon Subject to subsection (e) of this Section, upon the occurrence and during the continuance of an Event of Default and, provided that all Borrowers have satisfied their obligation to notify the Administrative Agent of all Events of Default, following receipt by a Pledgor of written notice from the Administrative Agent, all rights of a Pledgor to exercise the voting and other consensual rights which it would otherwise be entitled to exercise pursuant to paragraph (i) of this subsection (d) shall cease and all such rights shall thereupon become vested in the Administrative Agent which shall then have the sole right to exercise such voting and other consensual rights which right shall revert to and vest in the applicable Pledgor upon the waiver or cure of all such Events of Default, and such Pledgor shall thereafter have the sole right to exercise such voting and other consensual rights subject to the terms of this clause (d)rights.

Voting Rights in Respect of the Pledged Collateral. (i) So long as no Event of Default shall have occurred and be continuing, to the extent permitted by law until receipt by a Pledgor of written notice from the Administrative Agentlaw, such each Pledgor may exercise any and all voting and other consensual rights pertaining to the Pledged Collateral of such Pledgor or any part thereof for any purpose not inconsistent with the terms of this Pledge Agreement or the Credit Agreement; andprovided, however, that Pledgor shall not exercise or shall refrain from exercising any such right if such action would have a material adverse effect on the value of the Pledged Collateral or any part thereof. (ii) Upon the occurrence and during the continuance of a Default or an Event of Default and, provided that all Borrowers have satisfied their obligation to notify the Administrative Agent of all Events of Default, following receipt by a Pledgor of written notice from the Administrative Agent, all rights of a Pledgor to exercise the voting and other consensual rights which it would otherwise be entitled to exercise pursuant to paragraph (i) of this subsection (d) shall cease and all such rights shall thereupon become vested in the Administrative Collateral Agent which shall then have the sole right to exercise such voting and other consensual rights which right shall revert to and vest in the applicable Pledgor upon the waiver or cure of all such Events of Default, and such Pledgor shall thereafter have the sole right to exercise such voting and other consensual rights subject to the terms of this clause (d)rights.