Common use of Delivery of Pledged Collateral; Financing Statements Clause in Contracts

Delivery of Pledged Collateral; Financing Statements. All certificates or instruments representing or evidencing the Pledged Securities shall immediately be delivered to Secured Party and shall be in suitable form for transfer by delivery, or shall be accompanied by duly executed instruments of transfer or assignment in blank, in the form set forth as Exhibit B. Debtor hereby covenants to immediately deliver to Secured Party any Pledged Securities distributed to Debtor pursuant to the terms of the Escrow Agreement (as defined in Exhibit A).

Appears in 6 contracts

Samples: General Security Agreement (Biomira CORP), Security Agreement (Biomira CORP), Security Agreement (Biomira CORP)

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Delivery of Pledged Collateral; Financing Statements. All certificates or instruments representing or evidencing the Pledged Securities Collateral shall immediately be promptly delivered to Secured Party and shall be in suitable form for transfer by delivery, or shall be accompanied by duly executed instruments of transfer or assignment in blank, all in form and substance satisfactory to Secured Party. Concurrently with the form set forth as Exhibit B. execution of this Pledge Agreement, Debtor hereby covenants to immediately shall execute and deliver to Secured Party any Pledged Securities distributed to Debtor pursuant to the terms of the Escrow Agreement (as defined in Exhibit A)UCC-1 financing statement provided by Secured Party.

Appears in 2 contracts

Samples: Stock Pledge Agreement, Stock Pledge Agreement (SolarWinds, Inc.)

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