Common use of Delivery of Certificates and Instruments Clause in Contracts

Delivery of Certificates and Instruments. Each Pledgor shall deliver as security to the Administrative Agent, (i) simultaneously with or prior to the execution and delivery of this Pledge Agreement, all certificates representing the Pledged Capital Stock owned by such Pledgor and (ii) promptly upon the receipt thereof by or on behalf of a Pledgor, all other certificates and instruments constituting Pledged Collateral owned by a Pledgor. Prior to delivery to the Administrative Agent, all such certificates and instruments constituting Pledged Collateral of a Pledgor shall be held in trust by such Pledgor for the benefit of the Administrative Agent pursuant hereto. All such certificates shall be delivered in suitable form for transfer by delivery or shall be accompanied by duly executed instruments of transfer or assignment in blank, substantially in the form provided in Exhibit 4(a) attached hereto.

Appears in 3 contracts

Samples: Pledge Agreement (Lionbridge Technologies Inc /De/), Pledge Agreement (Lionbridge Technologies Inc /De/), Pledge Agreement (Mortons Restaurant Group Inc)

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Delivery of Certificates and Instruments. Each Pledgor shall deliver as security to the Administrative Agent, Agent (i) simultaneously with or prior to the execution and delivery of this Pledge Agreement, all certificates representing the Pledged Capital Stock Equity Interests owned by such Pledgor and (ii) promptly upon the receipt thereof by or on behalf of a Pledgor, all other certificates and instruments constituting Pledged Collateral owned by a Pledgor. Prior to delivery to the Administrative Agent, all such certificates and instruments constituting Pledged Collateral of a Pledgor shall be held in trust by such Pledgor for the benefit of the Administrative Agent pursuant hereto. All such certificates shall be delivered in suitable form for transfer by delivery or shall be accompanied by duly executed instruments of transfer or assignment in blank, substantially in the form provided in Exhibit 4(a) A attached hereto.

Appears in 3 contracts

Samples: Pledge Agreement (New Media Investment Group Inc.), Pledge Agreement (Carrols Restaurant Group, Inc.), Pledge Agreement (VOXX International Corp)

Delivery of Certificates and Instruments. Each Pledgor shall deliver as security to the Administrative Agent, Agent (i) simultaneously with or prior to the execution and delivery of this Pledge AgreementAgreement (or at such later time as the Administrative Agent may agree), all certificates representing the Pledged Capital Stock owned by such Pledgor and (ii) promptly upon the receipt thereof by or on behalf of a Pledgor, all other certificates and instruments constituting Pledged Collateral owned by a Pledgor. Prior to delivery to the Administrative Agent, all such certificates and instruments constituting Pledged Collateral of a Pledgor shall be held in trust by such Pledgor for the benefit of the Administrative Agent pursuant hereto. All such certificates shall be delivered in suitable form for transfer by delivery or shall be accompanied by duly executed instruments of transfer or assignment in blank, substantially in the form provided in Exhibit 4(a) attached hereto.

Appears in 2 contracts

Samples: Pledge Agreement (Pantry Inc), Pledge Agreement (Pantry Inc)

Delivery of Certificates and Instruments. Each Pledgor shall deliver as security to the Administrative Agent, Agent (i) simultaneously with or prior to the execution and delivery of this Pledge Agreement, all certificates representing the Pledged Capital Stock owned by such Pledgor and (ii) promptly upon the receipt thereof by or on behalf of a Pledgor, all other certificates and instruments constituting Pledged Collateral owned by a Pledgor. Prior to delivery to the Administrative Agent, all such certificates and instruments constituting Pledged Collateral of a Pledgor shall be held in trust by such Pledgor for the benefit of the Administrative Agent pursuant hereto. All such certificates shall be delivered in suitable form for transfer by delivery or shall be accompanied by duly executed instruments of transfer or assignment in blank, substantially in the form provided in Exhibit 4(a) A attached hereto.

Appears in 1 contract

Samples: Pledge Agreement (Benihana Inc)

Delivery of Certificates and Instruments. Each Pledgor shall deliver as security to the Administrative Agent, Agent (subject to the limitations set forth in Section 2 above) (i) simultaneously with or prior to the execution and delivery of this Pledge Agreement, all certificates representing the Pledged Capital Stock owned by such Pledgor and (ii) promptly upon the receipt thereof by or on behalf of a Pledgor, all other certificates and instruments constituting Pledged Collateral owned by a Pledgor. Prior to delivery to the Administrative Agent, all such certificates and instruments constituting Pledged Collateral of a Pledgor shall be held in trust by such Pledgor for the benefit of the Administrative Agent pursuant hereto. All such certificates shall be delivered in suitable form for transfer by delivery or shall be accompanied by duly executed instruments of transfer or assignment in blank, substantially in the form provided in Exhibit 4(a) attached hereto.

Appears in 1 contract

Samples: Pledge Agreement (Unifi Inc)

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Delivery of Certificates and Instruments. Each Except as may be otherwise agreed to by the Administrative Agent, each Pledgor shall deliver as security to the Administrative Agent, Agent (i) simultaneously with or prior to the execution and delivery of this Pledge Agreement, all certificates representing the Pledged Capital Stock owned by such Pledgor and (ii) promptly upon the receipt thereof by or on behalf of a Pledgor, all other certificates and instruments constituting Pledged Collateral owned by a Pledgor. Prior to delivery to the Administrative Agent, all such certificates and instruments constituting Pledged Collateral of a Pledgor shall be held in trust by such Pledgor for the benefit of the Administrative Agent pursuant hereto. All such certificates shall be delivered in suitable form for transfer by delivery or shall be accompanied by duly executed instruments of transfer or assignment in blank, substantially in the form provided in Exhibit 4(a) A attached hereto.

Appears in 1 contract

Samples: Pledge Agreement (Armor Holdings Inc)

Delivery of Certificates and Instruments. Each The Pledgor shall deliver as security to the Administrative Agent, Agent (i) simultaneously with or prior to the execution and delivery of this Pledge Agreement, all certificates representing the Pledged Capital Stock Equity Interests owned by such the Pledgor and (ii) promptly upon the receipt thereof by or on behalf of a the Pledgor, all other certificates and instruments constituting Pledged Collateral owned by a the Pledgor. Prior to delivery to the Administrative Agent, all such certificates and instruments constituting Pledged Collateral of a the Pledgor shall be held in trust by such the Pledgor for the benefit of the Administrative Agent pursuant hereto. All such certificates shall be delivered in suitable form for transfer by delivery or shall be accompanied by duly executed instruments of transfer or assignment in blank, substantially in the form provided in Exhibit 4(a) A attached hereto.

Appears in 1 contract

Samples: Holdings Pledge Agreement (Carrols Restaurant Group, Inc.)

Delivery of Certificates and Instruments. Each Pledgor shall deliver as security to the Administrative Agent (or an agent of the Administrative Agent, ) (i) simultaneously with or prior to the execution and delivery of this Pledge Agreement, all certificates representing the Pledged Capital Stock Equity Interest owned by such Pledgor and (ii) promptly upon the receipt thereof by or on behalf of a Pledgor, all other certificates and instruments constituting Pledged Collateral owned by a Pledgor. Prior to delivery to the Administrative Agent, all such certificates and instruments constituting Pledged Collateral of a Pledgor shall be held in trust by such Pledgor for the benefit of the Administrative Agent pursuant hereto. All such certificates shall be delivered in suitable form for transfer by delivery or shall be accompanied by duly executed instruments of transfer or assignment in blank, substantially in the form provided in Exhibit 4(a) A attached hereto.

Appears in 1 contract

Samples: Credit Party Pledge Agreement (Riviera Holdings Corp)

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