Certain Other Administrative Matters. Following the occurrence and continuation of an Event of Default, the Agent may cause any of the Pledged Collateral to be transferred into its name or into the name of its nominee or nominees (subject to the revocable rights specified in this Section 6). The Agent shall at all times have the right to exchange uncertificated Pledged Collateral for certificated Pledged Collateral, and to exchange certificated Pledged Collateral for certificates of larger or smaller denominations, for any purpose consistent with this Agreement.
Appears in 1 contract
Certain Other Administrative Matters. Following the occurrence At any time and continuation of an Event of Defaultfrom time to time, the Collateral Agent may cause any of the Pledged Collateral to be transferred into its name or into the name of its nominee or nominees (subject to the revocable rights specified in this Section 6subsection (a)). The Collateral Agent shall at all times have the right to exchange uncertificated Pledged Collateral for certificated Pledged Collateral, and to exchange certificated Pledged Collateral for certificates of larger or smaller denominations, for any purpose consistent with this Agreement.
Appears in 1 contract
Samples: Credit Agreement (Arbitron Inc)
Certain Other Administrative Matters. Following Upon the occurrence and continuation during the continuance of an any Event of Default, the Collateral Agent may cause any of the Pledged Collateral to be transferred into its name or into the name of its nominee or nominees (subject to the revocable rights specified in this Section 6subsection (a)). The Collateral Agent shall at all times have the right to exchange uncertificated Pledged Collateral for certificated Pledged Collateral, and to exchange certificated Pledged Collateral for certificates of larger or smaller denominations, for any purpose consistent with this Agreement.
Appears in 1 contract
Certain Other Administrative Matters. Following the occurrence At any time and continuation of an Event of Defaultfrom time to time, the Agent may cause any of the Pledged Collateral to be transferred into its name or into the name of its nominee or nominees (subject to the revocable rights specified in this Section 6subsection (a)). The Agent shall at all times have the right to exchange uncertificated Pledged Collateral for certificated Pledged Collateral, and to exchange certificated Pledged Collateral for certificates of larger or smaller denominations, for any purpose consistent with this Agreement.
Appears in 1 contract