Common use of Deliver Collateral Clause in Contracts

Deliver Collateral. (i) Deliver to the Secured Party simultaneously with the execution of this Agreement and shall continuously at all times maintain with the Secured Party during the term hereof, the Pledged Stock, including original stock certificates evidencing the Pledged Stock; and (ii) at all times will execute and deliver such instruments as the Secured Party may request, including but not limited to stock powers endorsed in blank, in order to assign to the Secured Party and confirm unto the Secured Party the pledge of all rights of the Pledgor arising from the ownership of the Pledged Stock. At the time of execution hereof, there are the number of shares of each Foreign Subsidiary's stock issued and outstanding as shown on Exhibit A hereto and the Pledgor is the record and beneficial owner of the number of shares as shown on Exhibit A hereto. Delivery and custody of the Pledged Stock will be in the manner selected by the Secured Party and shall be held by such persons as the Secured Party, in its discretion, may designate.

Appears in 1 contract

Samples: Stock Pledge and Security Agreement (Brightstar Corp.)

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Deliver Collateral. (i) Deliver to the Secured Party simultaneously with the execution of this Agreement and shall continuously at all times maintain with the Secured Party during the term hereof, the Pledged Stock, including original stock certificates evidencing the Pledged Stock; and (ii) at all times will execute and deliver such instruments as the Secured Party may request, including but not limited to stock powers endorsed in blank, in order to assign to the Secured Party and confirm unto the Secured Party the pledge of all rights of the Pledgor arising from the ownership of the Pledged Stock. At the time of execution hereof, there are the number of shares of each Foreign Subsidiary's stock Brightstar issued and outstanding as shown on Exhibit A hereto and the Pledgor is the record and beneficial owner of the number of shares as shown ownership thereof is listed on Exhibit A heretoSchedule 6(a) hereof. Delivery and custody of the Pledged Stock will be in the manner selected by the Secured Party and shall be held by such persons as the Secured Party, in its discretion, may designate.

Appears in 1 contract

Samples: Stock Pledge and Security Agreement (Brightstar Corp.)

Deliver Collateral. (i) Deliver to the Secured Party simultaneously with the execution of this Agreement and shall continuously at all times maintain with the Secured Party during the term hereof, the Pledged Stock, including original stock certificates evidencing the Pledged Stock; and (ii) at all times will execute and deliver such instruments as the Secured Party may request, including but not limited to stock powers endorsed in blank, in order to assign to the Secured Party and confirm unto the Secured Party the pledge of all rights of the Pledgor arising from the ownership of the Pledged Stock. At the time of execution hereof, there are the number of 10,000 shares of each Foreign Subsidiary's Brightstar US stock issued and outstanding as shown on Exhibit A hereto and the Pledgor is the record and beneficial owner of ownership thereof is as follows: the number of shares as shown on Exhibit A heretoPledgor, 9,000 shares; Denise Gibson, 1,000 shares. Delivery and custody of the Pledged Stock will be in Stxxx xxxx xx xn the manner selected by the Secured Party and shall be held by such persons as the Secured Party, in its discretion, may designate.

Appears in 1 contract

Samples: Stock Pledge and Security Agreement (Brightstar Corp.)

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Deliver Collateral. (i) Deliver to the Secured Party simultaneously with the execution of this Agreement and shall continuously at all times maintain with the Secured Party during the term hereof, the Pledged Stock, including original stock certificates evidencing the Pledged Stock; and (ii) at all times will execute and deliver such instruments as the Secured Party may request, including but not limited to stock powers endorsed in blank, in order to assign to the Secured Party and confirm unto the Secured Party the pledge of all rights of the Pledgor arising from the ownership of the Pledged Stock. At the time of execution hereof, there are the number of 10,000 shares of each Foreign Subsidiary's Brightstar US stock issued and outstanding as shown on Exhibit A hereto and the Pledgor is the record and beneficial owner of ownership thereof is as follows: the number of shares as shown on Exhibit A heretoPledgor, 9,000 shares; Xxxxxx Xxxxxx, 1,000 shares. Delivery and custody of the Pledged Stock will be in the manner selected by the Secured Party and shall be held by such persons as the Secured Party, in its discretion, may designate.. (b)

Appears in 1 contract

Samples: Stock Pledge and Security Agreement

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