Common use of Delivery of Pledged Certificates Clause in Contracts

Delivery of Pledged Certificates. Each Lien Grantor covenants that all Pledged Certificates, when delivered to the Collateral Agent, will be in form and substance reasonably satisfactory to the Collateral Agent.

Appears in 8 contracts

Samples: NNL Foreign Pledge Agreement (Nortel Networks Corp), NNL Foreign Pledge Agreement (Nortel Networks LTD), Foreign Pledge Agreement (Nortel Networks LTD)

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Delivery of Pledged Certificates. Each Lien Grantor covenants that all Pledged Certificates, when delivered to the Collateral Agent, will be in suitable form for transfer by delivery, or accompanied by duly executed instruments of transfer or assignment in blank, all in form and substance reasonably satisfactory to the Collateral Agent.

Appears in 4 contracts

Samples: Canadian Security Agreement (Nortel Networks Corp), Security Agreement (Nortel Networks Corp), Security Agreement (Nortel Networks Corp)

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Delivery of Pledged Certificates. Each Lien Grantor covenants that all Pledged Certificates, when delivered to the Collateral Agent, will be in form and substance reasonably satisfactory to the Collateral AgentAgent and in compliance with mandatory provisions of applicable law.

Appears in 2 contracts

Samples: Pledge Agreement (Nortel Networks Corp), Pledge Agreement (Nortel Networks LTD)

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