Common use of Delivery of Pledged Securities Clause in Contracts

Delivery of Pledged Securities. Upon the execution of this Pledge Agreement, the Pledgor shall deliver to the Company the certificates representing the Pledged Securities, together with duly executed forms of assignment sufficient to transfer title thereto to the Company. Upon the exercise of any Pledged Option, in lieu of delivering certificates to the Pledgor, the Company will retain the certificates and such certificates will be subject to this Pledge Agreement.

Delivery of Pledged Securities. Upon the execution of this Pledge Agreement, the Pledgor shall deliver to the Company the certificates certificate(s) representing the Pledged Securities, together with a duly executed forms form of assignment sufficient to transfer title thereto to the Company. Upon Company substantially in the exercise form of any Pledged Option, in lieu of delivering certificates to the Pledgor, the Company will retain the certificates and such certificates will be subject to this Pledge AgreementExhibit A attached hereto.

Delivery of Pledged Securities. Upon the execution of this Pledge Agreement, the Pledgor shall deliver to the Company the certificates certificate(s) representing the Pledged Securities, if certificated, together with duly executed forms of assignment sufficient to transfer title thereto to the Company. Upon The Company shall hold such Pledged Securities for itself and as agent for Holdings (the exercise of any Pledged Option, Company acting in lieu of delivering certificates to the Pledgorsuch capacities, the Company will retain the certificates and such certificates will be subject to this Pledge Agreement"Agent").

Delivery of Pledged Securities. Upon the execution of this Pledge Agreement, the Pledgor shall deliver to the Company (i) the certificates representing the Pledged Securities, Securities which are Stock and (ii) the instrument representing the Subordinated Note together with duly executed forms of assignment sufficient to transfer title thereto to the Company. Upon the exercise of any Pledged Option, in lieu of delivering certificates to the Pledgor, the Company will retain the certificates and such certificates will be subject to this Pledge Agreement.

Delivery of Pledged Securities. Upon the execution and delivery of this Pledge Agreement, the Pledgor shall deliver to Pledgee the Company Certificates and the certificates representing Warrant, accompanied by (1) executed stock powers in blank in favor of Pledgee, the Pledged Securitiesrights of Pledgee under which shall be exercisable only during the continuation of an Event of Default and in accordance with the terms of this Agreement, together with duly executed forms of assignment sufficient to transfer title thereto to the Company. Upon the exercise of any Pledged Optionand (2) such other instruments or documents as Pledgee or its counsel may reasonably request, in lieu of delivering certificates each case in a form acceptable to the Pledgor, the Company will retain the certificates and such certificates will be subject to this Pledge Agreement.Pledgee;

Delivery of Pledged Securities. Upon the execution of this Pledge Agreement, the Pledgor shall deliver to the Company the certificates certificate(s) representing the Pledged Securities, together with duly executed forms of assignment sufficient to transfer title thereto to the Company. Upon the exercise of any Pledged Option, in lieu of delivering certificates to the Pledgor, the Company will retain the certificates and such certificates will be subject to this Pledge Agreement.