Delivery of Additional Collateral. If at any time the Custodian shall notify a Fund by Written Notice that the fair market value of the Collateral securing any Overdraft Obligation of one of such Fund's Portfolios is less than the amount of such Overdraft Obligation, such Fund, on behalf of the applicable Portfolio, shall deliver to the Custodian, within one (1) Business Day following the Fund's receipt of such Written Notice, an additional Pledge Certificate describing additional Collateral. If such Fund shall fail to deliver such additional Pledge Certificate, the Custodian may specify Collateral which shall secure the unsecured amount of the applicable Overdraft Obligation in accordance with Section 3 of this Appendix C.
Delivery of Additional Collateral. If at any time the Custodian shall notify the Fund by Written Notice that the fair market value of the Collateral securing any Advance Obligation is less than the amount of such Advance Obligation, the Fund shall deliver to the Custodian, within one Business Day following the Fund's receipt of such Written Notice, an additional Pledge Certificate describing additional Collateral. If the Fund shall fail to deliver such additional Pledge Certificate, the Custodian may specify Collateral which shall secure the unsecured amount of the applicable Advance Obligation in accordance with Section 3 of this Appendix A.
Delivery of Additional Collateral. If the Pledgor shall become entitled to receive or shall receive any equity interests, option or rights, whether as an addition to, in substitution of, or in exchange for any of the Pledged Shares, the Pledgor agrees to accept the same as the agent of the Pledgee and to hold the same in trust for the benefit of the Pledgee and to deliver the same forthwith to the Pledgee in the exact form received, with the endorsement of the Pledgor when necessary and/or appropriate undated Instruments of Transfer duly executed in blank, and Irrevocable Proxies for any shares of capital stock so received, in substantially the forms attached hereto to be held by the Pledgee, subject to the terms hereof, as additional collateral security for the Obligations.
Delivery of Additional Collateral. (a) During any period that the Bonds are secured by a Credit Facility, the obligation of the Company pursuant to Section 4.01 hereof to repay the loan made to it by the Issuer pursuant to Section 3.03 hereof may be secured Additional Collateral.
(b) Any Additional Collateral shall (i) mature on the same date and in the same principal amount as the Bonds, (ii) bear interest at the same rate and be payable at the same times as the Bonds, (iii) contain mandatory redemption provisions correlative to the mandatory redemption provisions of Section 4.03 of the Indenture, and (iv) subject to the provisions of Section 4.09(c) hereof, require payments of the principal thereof and premium, if any, and interest thereon to be made to the Trustee for the account of the Issuer. If such Additional Collateral consists of First Mortgage Bonds, they shall be delivered to and registered in the name of the Trustee (or, subject to Section 5.12 of the Indenture, the Trustee’s nominee) for the account of the Issuer and the benefit of the Owners from time to time of the Bonds and shall be held, voted, transferred and surrendered by the Trustee subject to and in accordance with the respective provisions of this Agreement and the Indenture. Any moneys received by the Trustee with respect to such Additional Collateral shall be used to make the corresponding payment then due of principal of and premium, if any, or interest on the Bonds in accordance with the terms of the Bonds and the Indenture. Any proceeds of such Additional Collateral in excess of the amounts necessary to pay in full the principal of and premium, if any, or interest on the Bonds shall be remitted to the Company.
(c) The Company shall receive a credit against its obligations to make any payment of principal of and premium, if any, or interest on any Additional Collateral described in Section 4.09(b) hereof (whether at maturity, upon redemption or otherwise), and such obligations shall be fully or partially, as the case may be, satisfied and discharged, in an amount equal to the amount, if any, paid by the Company under Section 4.01 hereof, or otherwise satisfied or discharged, in respect of the principal of and premium, if any, or interest on the Bonds; provided, however, that, if the Credit Facility then in effect shall be an insurance policy, the Company shall receive no such credit for any payment with respect to any Bond made by the Provider. The obligations of the Company to make such payment of principal of an...
Delivery of Additional Collateral. If the Pledgor shall become entitled to receive or shall receive any additional Pledged Collateral, including any equity interests, option or rights, whether as an addition to, in substitution of, or in exchange for or conversion of any of the Pledged Interests, to the extent that such additional Pledged Collateral is in certificated form, the Pledgor agrees to (A) arrange that the same be delivered in certificated form directly to the Pledgee or (B) if direct delivery thereof is not practicable, to accept such additional Pledged Collateral as the agent of the Pledgee and to hold the same in trust for the benefit of the Pledgee and to deliver the same forthwith to Pledgee, in each case under clauses (A) and (B) in the exact form received, with the endorsement of the Pledgor when necessary and/or appropriate undated instruments of transfer duly executed in blank, in each case as additional collateral security for the Obligations.
Delivery of Additional Collateral. If any of the Pledgors shall become entitled to receive or shall receive any Additional Collateral, such Pledgor shall accept any such Additional Collateral as the agent for the Agent, shall hold it in trust for the Agent, shall segregate it from other property or funds of such Pledgor, and shall deliver all Additional Collateral and all certificates, instruments and other writings representing such Additional Collateral forthwith to the Agent (for the account of the Pledgees), at the address and to the Person to be designated by the Agent, which shall be in suitable form for transfer by delivery, or shall be accompanied by duly executed instruments of transfer, sold contract note or other instruments of assignment in blank, all in form and substance satisfactory to the Agent, as the Agent shall request, to be held by the Agent (for the account of the Pledgees) subject to the terms hereof, as part of the Pledged Collateral. Upon accepting any such Additional Collateral hereunder, the Agent shall promptly send a notification to the relevant Pledgor describing the Additional Collateral accepted and held as part of the Pledged Collateral hereunder, which notification shall be deemed to be a Schedule to this Agreement and may be attached hereto.
Delivery of Additional Collateral. It shall be a condition to the obligation of Nations to deliver the Distributed Shares to the REIT that the Companies shall have delivered to Nations a number of Paired Shares, rounded upward to the nearest whole share (the "Additional Collateral Shares"), having a value (based on the average of the closing prices of the Paired Shares on each of the five trading days immediately preceding the date on which the Spin-Off is completed, as reported on Bloomberg) equal to $7,478,445; PROVIDED HOWEVER, that if, as of the record date for the Spin-Off, Nations has sold any Paired Shares in settlement of any of the Companies' obligations under the Agreement, then such dollar amount shall be reduced by a percentage amount equal to the quotient (expressed as a percentage) obtained by dividing (i) the number of such Paired Shares sold, by (ii) the total number of Purchased Shares and Collateral Shares as of the date hereof. The Additional Collateral Shares will be held by Nations as additional Collateral Shares, on the same terms and conditions as the Collateral Shares.
Delivery of Additional Collateral. The Company hereby agrees that it shall execute and deliver, and it shall cause NTSI. to execute and deliver, as an assignment for security, all documents, including but not limited to assignment of claims agreements, which Purchaser shall reasonably request in respect of any Assigned Contract.
Delivery of Additional Collateral. Within five (5) business days of the execution of this Agreement, Pledgor shall be obligated to deliver to Pledgee a fully executed original copy of an Absolute Assignment of Leases and Rents substantially in the form attached hereto as Exhibit A (the "Lease Assignment") covering Mineral Recovery Systems' interests in the mineral deposits which are described in the Memoranda of Mineral Leases set forth in Exhibit B attached hereto (the "Mineral Leases"). In the event the Registration Statement does not become effective on or prior to the 180th day after the date hereof and/or the closing price of the Pledgor's common shares on its principal exchange has not been above $2.25 for five consecutive days during such 180 day period, the Pledgee, at the at the Pledgor's sole cost and expense, shall be entitled to record the Lease Assignment in the proper jurisdictions to perfect Pledgee's security interest in Mineral Leases. Upon the effectiveness of the Registration Statement and at such time as the closing price of the Pledgor's common shares on its principal exchange has been above $2.25 for five consecutive days, the Pledgee shall no longer be entitled to record the Lease Assignment and shall immediately return the Lease Assignment to Pledgor or if the Lease Assignment has previously been recorded, the Pledgee shall immediately record a document in a form sufficient to release the security interest created through the prior recordation of the Lease Assignment in the proper jurisdictions.
Delivery of Additional Collateral. The Company hereby agrees that it shall execute and deliver, and it shall cause CrossingGuard, Inc. to execute and deliver, as an assignment for security, all documents, including but not limited to assignment of claims agreements, which Purchaser shall reasonably request in respect of any Qualifying Account . Qualifying Account shall mean each of: that certain Agreement dated as of July 11, 2002 by and between the Company and the City of Cerritos, California, that certain Traffic Signal Violation Video-Monitoring System Services Agreement dated as of June 19, 2002 by and between the Company the Municipality of Fullerton California, that certain Traffic Signal Violation Video-Monitoring System Services Agreement dated as of _July 15, 2002 by and between the Company the Municipality of Costa Mesa California, and that certain Traffic Signal Violation Video-Monitoring System Services Agreement dated as of June 24, 2002 by and between the Company the City of Pasadena, California.
