Common use of Delivery of Pledged Collateral Clause in Contracts

Delivery of Pledged Collateral. All certificates representing or evidencing the Pledged Collateral shall, to the extent not delivered to and held by Bank of America, N.A., as Agent ("Administrative Agent") under the Credit Agreement in accordance with the Collateral Documents (as defined in the Credit Agreement) ("BA Security Documents"), be delivered to and held by or on behalf of Trustee, and shall be in suitable form for transfer by delivery, or shall be accompanied by duly executed undated instruments of transfer or assignment in blank, all in form and substance reasonably satisfactory to Trustee. Trustee shall have the right, at any time in its discretion and without notice to Company if an Event of Default has occurred and is continuing to transfer to or to register in the name of Trustee or any of its nominees any or all of the Pledged Collateral. In addition, in connection with the exercise of the remedies pursuant to Section 12 below following the occurrence and during the continuance of an Event of Default, Trustee shall have the right to exchange certificates or instruments representing or evidencing Pledged Collateral for certificates or instruments of smaller or larger denominations.

Delivery of Pledged Collateral. All certificates certificates, if any, representing or evidencing the Pledged Collateral shall, to the extent not delivered to and held by Bank of America, N.A., as Agent ("Administrative Agent") under the Credit Agreement in accordance with the Collateral Documents (as defined in the Credit Agreement) ("BA Security Documents"), be delivered to and held by or on behalf of Trustee, and shall be in suitable form for transfer by delivery, or shall be accompanied by duly executed undated instruments of transfer or assignment in blank, all in form and substance reasonably satisfactory to Trustee. Trustee shall have the right, at any time in its discretion and without notice to Company if an Event of Default has occurred and is continuing to transfer to or to register in the name of Trustee or any of its nominees any or all of the Pledged Collateral. In addition, in connection with the exercise of the remedies pursuant to Section 12 below following the occurrence and during the continuance of an Event of Default, Trustee shall have the right to exchange certificates or instruments representing or evidencing Pledged Collateral for certificates or instruments of smaller or larger denominations.

Delivery of Pledged Collateral. All certificates certificates, where applicable, representing or evidencing the Pledged Collateral shall, to the extent not delivered to and held by Bank of America, N.A., as Agent ("Administrative Agent") under the Credit Agreement in accordance with the Collateral Documents (as defined in the Credit Agreement) ("BA Security Documents"), be delivered to and held by or on behalf of Trustee, and shall be in suitable form for transfer by delivery, or shall be accompanied by duly executed undated instruments of transfer or assignment in blank, all in form and substance reasonably satisfactory to Trustee. Trustee shall have the right, at any time in its discretion and without notice to Company if an Event of Default has occurred and is continuing to transfer to or to register in the name of Trustee or any of its nominees any or all of the Pledged Collateral. In addition, in connection with the exercise of the remedies pursuant to Section 12 below following the occurrence and during the continuance of an Event of Default, Trustee shall have the right to exchange certificates or instruments representing or evidencing Pledged Collateral for certificates or instruments of smaller or larger denominations.

Delivery of Pledged Collateral. All certificates certificates, if any, representing or evidencing the Pledged Collateral shall, to the extent not delivered to and held by Bank of America, N.A., as Agent ("Administrative Agent") under the Credit Agreement in accordance with the Collateral Documents (as defined in the Credit Agreement) ("BA Security Documents"), be delivered to and held by or on behalf of Trustee, and shall be in suitable form for transfer by delivery, or shall be accompanied by duly executed undated instruments of transfer or assignment in blank, all in form and substance reasonably satisfactory to Trustee. Trustee shall have the right, at any time in its discretion and without notice to either Company if an Event of Default has occurred and is continuing to transfer to or to register in the name of Trustee or any of its nominees any or all of the Pledged Collateral. In addition, in connection with the exercise of the remedies pursuant to Section 12 below following the occurrence and during the continuance of an Event of Default, Trustee shall have the right to exchange certificates or instruments representing or evidencing Pledged Collateral for certificates or instruments of smaller or larger denominations.