FairPoint Communications 2004 Annual Report Download - page 358

Investment Property, monies, checks, drafts, Instruments or interests therein of any type or nature deposited or required by the Credit Agreement or
any other Secured Debt Agreement to be deposited in such Collateral Account, and all investments and all certificates and other instruments
(including depository receipts, if any) from time to time representing or evidencing the same, and all dividends, interest, distributions, cash and
other property from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of the foregoing);
(iii) all of such Pledgor’s (x) Partnership Interest and all of such Pledgor’s right, title and interest in each Pledged Partnership and (y)
Membership Interest and all of such Pledgor’s right, title and interest in each Pledged LLC, in each case including, without limitation:
(a) all the capital thereof and its interest in all profits, losses and other distributions to which such Pledgor shall at any time
be entitled in respect of such Partnership Interest and/or Membership Interest;
(b) all other payments due or to become due to such Pledgor in respect of such Partnership Interest and/or Membership
Interest, whether under any partnership agreement, limited liability company agreement or otherwise, whether as contractual obligations,
damages, insurance proceeds or otherwise;
(c) all of its claims, rights, powers, privileges, authority, options, security interest, liens and remedies, if any, under any
partnership agreement, limited liability company agreement or at law or otherwise in respect of such Partnership Interest and/or Membership
Interest;
(d) all present and future claims, if any, of the Pledgor against any Pledged Partnership and any Pledged LLC for moneys
loaned or advanced, for services rendered or otherwise;
(e) all of such Pledgor’s rights under any partnership agreement or limited liability company agreement or at law to exercise
and enforce every right, power, remedy, authority, option and privilege of such Pledgor relating to the Partnership Interest and/or
Membership Interest, including any power to terminate, cancel or modify any partnership agreement or any limited liability company
agreement, to execute any instruments and to take any and all other action on behalf of and in the name of such Pledgor in respect of any
Partnership Interest or Membership Interest and any Pledged Partnership and any Pledged LLC to make determinations, to exercise any
election (including, but not limited to, election of remedies) or option or to give or receive any notice, consent, amendment, waiver or
approval, together with full power and authority to demand, receive, enforce, collect or receipt for any of the foregoing, to enforce or execute
any checks, or other instruments or orders, to file any claims and to take any action in connection with any of the foregoing; and
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