Common use of Certificated Securities Clause in Contracts

Certificated Securities. On the Closing Date (in the case of an Original Lien Grantor) or the date on which it signs and delivers its first Security Agreement Supplement (in the case of any other Lien Grantor), such Lien Grantor will deliver to the Applicable Agent as Collateral hereunder all certificates representing Pledged Certificated Securities then owned by such Lien Grantor. Thereafter, whenever such Lien Grantor acquires any other certificate representing a Pledged Certificated Security, such Lien Grantor will immediately deliver such certificate to the Applicable Agent as Collateral hereunder. The provisions of this subsection are subject to the limitation in Section 7(j) in the case of voting Equity Interests in a Foreign Subsidiary.

Appears in 5 contracts

Samples: Abl Security Agreement, Abl Security Agreement (Tower Automotive, LLC), First Lien Term Loan Security Agreement (Tower Automotive, LLC)

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Certificated Securities. On the Closing Issue Date (in the case of an Original Lien Grantor) or the date on which it signs and delivers its first Security Agreement Supplement (in the case of any other Lien Grantor), such Lien Grantor will deliver to the Applicable Collateral Agent as Collateral hereunder all certificates representing Pledged Certificated Securities then owned by such Lien Grantor. Thereafter, whenever such Lien Grantor acquires any other certificate representing a Pledged Certificated Security, such Lien Grantor will immediately promptly deliver such certificate to the Applicable Collateral Agent as Collateral hereunder. The provisions of this subsection are subject to the limitation in Section 7(j11(m) in the case of voting Equity Interests in a Foreign Subsidiary.

Appears in 2 contracts

Samples: Security Agreement (CNO Financial Group, Inc.), Security Agreement (CNO Financial Group, Inc.)

Certificated Securities. On the Closing Effective Date (in the case of an Original Lien Grantor) or the date on which it signs and delivers its first Security Agreement Supplement (in the case of any other Lien Grantor), such Lien Grantor will deliver to the Applicable Agent as Collateral hereunder all certificates representing Pledged Certificated Securities then owned by such Lien Grantor. Thereafter, whenever such Lien Grantor acquires any other certificate representing a Pledged Certificated Security, such Lien Grantor will immediately promptly deliver such certificate to the Applicable Agent as Collateral hereunder. The provisions of this subsection are subject to the limitation in Section 7(j11(m) in the case of voting Equity Interests in a Foreign Subsidiary.

Appears in 2 contracts

Samples: Guarantee and Security Agreement (CNO Financial Group, Inc.), Guarantee and Security Agreement (Conseco Inc)

Certificated Securities. On the Closing Date (in the case of an Original Lien Grantor) or the date on which it signs and delivers its first Security Agreement Supplement (in the case of any other Lien Grantor), such Lien Grantor will deliver to the Applicable Administrative Agent as Collateral hereunder all certificates representing Pledged Certificated Securities then owned by such Lien Grantor. Thereafter, whenever such Lien Grantor acquires any other certificate representing a Pledged Certificated Security, such Lien Grantor will immediately shall promptly after such acquisition deliver such certificate to the Applicable Administrative Agent as Collateral hereunder. The provisions of this subsection are subject to the limitation in Section 7(j) in the case of voting Equity Interests in a Foreign Subsidiary9(f).

Appears in 1 contract

Samples: Credit Agreement (Kinetic Concepts Inc)

Certificated Securities. On the Closing Issue Date (in the case of an Original Lien Grantor) or the date on which it signs and delivers its first Security Agreement Supplement (in the case of any other Lien Grantor), such Lien Grantor will deliver to the Applicable Agent as Collateral hereunder all certificates representing Pledged Certificated Securities then owned by such Lien Grantor. Thereafter, whenever such Lien Grantor acquires any other certificate representing a Pledged Certificated Security, such Lien Grantor will immediately deliver such certificate to the Applicable Agent as Collateral hereunder. The provisions of this subsection are subject to the limitation in Section 7(j) in the case of voting Equity Interests in a Foreign Subsidiary.

Appears in 1 contract

Samples: Notes Security Agreement (Tower Automotive, LLC)

Certificated Securities. On the Closing Date (in the case of an Original Lien Grantor) or the date on which it signs and delivers its first Security Agreement Supplement (in the case of any other Lien Grantor), such Lien Grantor will deliver to the Applicable Administrative Agent as Collateral hereunder all certificates representing Pledged Certificated Securities then owned by such Lien Grantor. Thereafter, whenever such Lien Grantor acquires any other certificate representing a Pledged Certificated Security, such Lien Grantor will immediately deliver such certificate to the Applicable Administrative Agent as Collateral hereunder. The provisions of this subsection are subject to the limitation in Section 7(j9(j) in the case of voting Equity Interests in a Foreign Subsidiary.

Appears in 1 contract

Samples: Guarantee and Security Agreement (Keystone Marketing Services Inc)

Certificated Securities. On the Closing Date (in the case of an Original Lien Grantor) or the date on which it signs and delivers its first Security Agreement Supplement (in the case of any other Lien Grantor), such Lien Grantor will deliver to the Applicable Agent as Collateral hereunder all certificates representing Pledged Certificated Securities then owned by such Lien Grantor. Thereafter, whenever such Lien Grantor acquires any other certificate representing a Pledged Certificated Security, such Lien Grantor will immediately promptly deliver such certificate to the Applicable Agent as Collateral hereunder. The provisions of this subsection are subject to the limitation in Section 7(j11(m) in the case of voting Equity Interests in a Foreign Subsidiary.

Appears in 1 contract

Samples: Guarantee and Security Agreement (CNO Financial Group, Inc.)

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Certificated Securities. On the Closing Effective Date (in the case of an Original Lien Grantor) or the date on which it signs and delivers its first Security and Pledge Agreement Supplement (in the case of any other Lien Grantor), such Lien Grantor will deliver to the Applicable Collateral Agent as Collateral hereunder all certificates representing Pledged Certificated Securities then owned by such Lien Grantor. Thereafter, whenever such Lien Grantor acquires any other certificate representing a Pledged Certificated Security, such Lien Grantor will immediately deliver such certificate to the Applicable Collateral Agent as Collateral hereunder. The provisions of this subsection are subject to the limitation in Section 7(j11(f) in the case of voting Equity Interests in a Foreign Subsidiary.

Appears in 1 contract

Samples: Security and Pledge Agreement (Qwest Communications International Inc)

Certificated Securities. On the Closing Effective Date (in the case of an Original Lien Grantor) or the date on which it signs and delivers its first Security Agreement Supplement (in the case of any other Lien Grantor), such Lien Grantor will deliver to the Applicable Administrative Agent as Collateral hereunder all certificates representing Pledged Certificated Securities then owned by such Lien Grantor. Thereafter, whenever such Lien Grantor will, within five Business Days after it acquires any other certificate representing a Pledged Certificated Security, such Lien Grantor will immediately deliver such certificate to the Applicable Administrative Agent as Collateral hereunder. The provisions of this subsection are subject to the limitation in Section 7(j13(j) in the case of voting Equity Interests in a Foreign an Excluded Subsidiary.

Appears in 1 contract

Samples: Guarantee and Security Agreement (DealerTrack Holdings, Inc.)

Certificated Securities. On the Closing Effective Date (in the case of an Original Lien Grantor) or the date on which it signs and delivers its first Security Agreement Supplement (in the case of any other Lien Grantor), such Lien Grantor will deliver to the Applicable Agent as Collateral hereunder all certificates representing Pledged Certificated Securities then owned by such Lien Grantor. Thereafter, whenever such Lien Grantor acquires any other certificate representing a Pledged Certificated Security, such Lien Grantor will immediately promptly deliver such certificate to the Applicable Agent as Collateral hereunder. The provisions of this subsection are subject to the limitation in Section 7(j13(m) in the case of voting Equity Interests in a Foreign Subsidiary.

Appears in 1 contract

Samples: Guarantee and Security Agreement (Conseco Inc)

Certificated Securities. On the Closing Date (in the case of an Original Lien Grantor) or the date on which it signs and delivers its first Security Agreement Supplement (in the case of any other Lien Grantor), such Lien Grantor will deliver to the Applicable Agent Collateral Trustee as Collateral hereunder all certificates representing Pledged Certificated Securities then owned by such Lien Grantor. Thereafter, whenever such Lien Grantor acquires any other certificate representing a Pledged Certificated Security, such Lien Grantor will immediately promptly (and in any case, within 10 Business Days) deliver such certificate to the Applicable Agent Collateral Trustee as Collateral hereunder. The provisions of this subsection are subject to the limitation in Section 7(j6(j) in the case of voting Equity Interests in a Foreign Subsidiary.

Appears in 1 contract

Samples: Security Agreement (Spectrum Brands, Inc.)

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