Common use of Certificates, Etc Clause in Contracts

Certificates, Etc. (a) The Pledgor agrees that all certificates or other instruments evidencing Pledged Interests delivered by the Pledgor pursuant to this Pledge Agreement will be accompanied by duly executed undated blank transfer powers, in substantially the form attached hereto as Attachment 3, or other equivalent instruments of transfer acceptable to the Collateral Agent. The Pledgor will, from time to time upon the reasonable request of the Collateral Agent, promptly deliver to the Collateral Agent duly executed undated blank transfer powers in substantially the form attached hereto as Attachment 3, instruments, and similar documents, reasonably satisfactory in form and substance to the Collateral Agent, with respect to the Collateral as the Collateral Agent may reasonably request and will, from time to time upon the request of the Collateral Agent after the occurrence of any Event of Default, promptly transfer any Pledged Interests into the name of any nominee designated by the Collateral Agent.

Appears in 2 contracts

Samples: Pledge Agreement (National Energy Group Inc), Pledge Agreement (National Energy Group Inc)

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Certificates, Etc. (a) The Pledgor agrees that all certificates or other instruments evidencing Pledged Interests delivered by the Pledgor pursuant to this Pledge Agreement will be accompanied by duly executed undated blank transfer powers, in substantially the form attached hereto as Attachment 3, or other equivalent instruments of transfer acceptable to the Collateral AgentAgent acting reasonably. The Pledgor will, from time to time upon the reasonable request of the Collateral Agent, promptly deliver to the Collateral Agent duly executed undated blank transfer powers in substantially the form attached hereto as Attachment 3, instruments, and similar documents, reasonably satisfactory in form and substance to the Collateral Agent, with respect to the Collateral as the Collateral Agent may reasonably request and will, from time to time upon the request of the Collateral Agent after the occurrence of any Default or Event of Default, promptly transfer any Pledged Interests into the name of any nominee designated by the Collateral Agent.

Appears in 1 contract

Samples: Credit Agreement (U.S. Shipping Partners L.P.)

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Certificates, Etc. (a) The Pledgor agrees that all certificates or other instruments evidencing Pledged Interests delivered by the Pledgor pursuant to this Pledge Agreement will be accompanied by duly executed undated blank transfer powers, in substantially the form attached hereto as Attachment 3, or other equivalent instruments of transfer acceptable to the Collateral Agent. The Pledgor will, from time to time upon the reasonable request of the Collateral Agent, promptly deliver to the Collateral Agent duly executed undated blank transfer powers in substantially the form attached hereto as Attachment 3, instruments, and other instruments or similar documents, documents reasonably satisfactory in form and substance to the Collateral Agent, with respect to the Collateral as the Collateral Agent may reasonably request and will, from time to time upon the request of the Collateral Agent after pursuant to the occurrence terms of any Event of Defaultthe Collateral Agency and Intercreditor Agreement, promptly transfer any Pledged Interests into the name of any nominee designated by the Collateral Agent.

Appears in 1 contract

Samples: Credit Agreement (Atlantic Power Corp)

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