ADMINISTRATION OF PLEDGED SECURITIES. The following provisions shall govern the administration of the Pledged Securities: (a) So long as no Event of Default (as defined below) has occurred and is continuing the Pledgor shall be entitled to act with respect to the Pledged Securities in any manner not inconsistent with this Agreement, the Subscription Agreement, the Management Stockholders Agreement, the Note, or any document or instrument delivered or to be delivered pursuant to or in connection with any of them. (b) The Pledgor shall immediately upon request by the Company and in confirmation of the security interests hereby created, execute and deliver to the Company such further instruments, deeds, transfers, assurances and agreements, in form and substance as the Company shall request, including any financing statement and amendments thereto, or any other documents, as required under Ohio law and other applicable law to protect the security interests created hereunder.
Appears in 4 contracts
Samples: Repayment and Stock Pledge Agreement (Dayton Superior Corp), Repayment and Stock Pledge Agreement (Dayton Superior Corp), Repayment and Stock Pledge Agreement (Dayton Superior Corp)
ADMINISTRATION OF PLEDGED SECURITIES. The following provisions shall govern the administration of the Pledged Securities:
(a) So long as no Event of Default (as defined below) has occurred and is continuing the Pledgor shall be entitled to act with respect to the Pledged Securities in any manner not inconsistent with this Agreement, the Subscription Agreement, the Management Stockholders Agreement, the NoteNotes, or any document or instrument delivered or to be delivered pursuant to or in connection with any of them.
(b) The Pledgor shall immediately upon request by the Company and in confirmation of the security interests hereby created, execute and deliver to the Company such further instruments, deeds, transfers, assurances and agreements, in form and substance as the Company shall request, including any financing statement and amendments thereto, or any other documents, as required under Ohio law and other applicable law to protect the security interests created hereunder.
Appears in 1 contract
Samples: Repayment and Stock Pledge Agreement (Dayton Superior Corp)
ADMINISTRATION OF PLEDGED SECURITIES. The following provisions shall govern the administration of the Pledged Securities:
(a) So long as no Event of Default (as defined below) has occurred and is continuing continuing, the Pledgor shall be entitled to act with respect to the Pledged Securities in any manner not inconsistent with this Agreement, the Subscription Agreement, the Management Stockholders Agreement, the Note, or any document or instrument delivered or to be delivered pursuant to or in connection with any of them.
(b) The Pledgor shall immediately upon request by the Company and in confirmation of the security interests hereby created, execute and deliver to the Company such further instruments, deeds, transfers, assurances and agreements, in form and substance as the Company shall request, including any financing statement and amendments thereto, or any other documents, as required under Ohio law and other applicable law to protect the security interests created hereunder.
Appears in 1 contract
Samples: Repayment and Stock Pledge Agreement (Dayton Superior Corp)