Delivery of Pledged Stock. All certificates representing Pledged Stock delivered to the Agent by the Borrower pursuant hereto shall be in suitable form for transfer by delivery, or shall be accompanied by duly executed instruments of transfer or assignment in blank, with signatures appropriately guaranteed, and accompanied by any required transfer tax stamps, all in form and substance satisfactory to the Agent.
Delivery of Pledged Stock. On the date hereof, Pledgor shall place the Pledged Stock in pledge by delivering the Certificates to and depositing them with Lender or its agent appointed in writing by Lender. Pledgor shall also deliver to Lender or its agent concurrently therewith undated assignments separate from the Certificates duly executed in blank and all other applicable and appropriate documents and assignments in form suitable to enable Lender to effect the transfer of all or any portion of the Pledged Stock to the extent hereinafter provided.
Delivery of Pledged Stock. (a) If such Grantor shall receive any certificate (including, without limitation, any certificate representing a dividend or a distribution in connection with any reclassification, increase or reduction of capital or any certificate issued in connection with any reorganization), option or rights in respect of any Pledged Stock, whether in addition to, in substitution of, as a conversion of, or in exchange for, any shares of the Pledged Stock, or otherwise in respect thereof such Grantor shall accept the same as the agent of the Security Trustee, hold the same in trust for the Security Trustee, for the ratable benefit of the Secured Parties, and deliver the same forthwith to the Security Trustee in the exact form received, duly indorsed by such Grantor to the Security Trustee, if required, together with an undated stock power covering such certificate duly executed in blank by such Grantor, to be held by the Security Trustee, subject to the terms hereof, as additional collateral security for the Obligations. If an Event of Default shall have occurred and be continuing, (i) any sums paid upon or in respect of the Pledged Stock, including upon the liquidation or dissolution of any Issuer thereof shall be paid over to the Security Trustee to be held by it hereunder as additional collateral security for the Obligations, and in case any distribution of capital shall be made on or in respect of the Pledged Stock or any property shall be distributed upon or with respect to the Pledged Stock pursuant to the recapitalization or reclassification of the capital of any Issuer or pursuant to the reorganization thereof, the property so distributed shall, unless otherwise subject to a perfected security interest in favor of the Security Trustee, be delivered to the Security Trustee to be held by it hereunder as additional collateral security for the Obligations and (i) if any sums of money or property so paid or distributed in respect of the Pledged Stock shall be received by such Grantor, such Grantor shall, until such money or property is paid or delivered to the Security Trustee, hold such money or property in trust for the Security Trustee for the ratable benefit of the Secured Parties, segregated from other funds of such Grantor, as additional collateral security for the Obligations.
(b) In the case of each Grantor which is an Issuer, such Issuer agrees that (i) it will be bound by the terms of this Agreement relating to the Pledged Stock issued by it and will comply...
Delivery of Pledged Stock. Company will deliver to Administrative Agent concurrently with the execution of this Security Agreement the certificates representing the Pledged Stock which constitutes certificated securities, endorsed in blank or accompanied by appropriate instruments of transfer or assignments executed in blank. If Company shall at any time acquire any additional shares of the capital stock of any class of the Pledged Stock or any instrument evidencing Stock Rights, whether such acquisition shall be by purchase, exchange, reclassification, dividend, or otherwise, Company shall forthwith (and without the necessity for any request or demand by Administrative Agent or any Lender) deliver the certificates representing such shares which constitutes 100/269/87988 -8- certificated securities and such instrument or writing to Administrative Agent, in the same manner as described in the immediately preceding sentence.
Delivery of Pledged Stock. All certificates representing Pledged Stock delivered to the Collateral Agent or its designee by the Lien Grantor pursuant hereto shall be (x) in suitable form for transfer by delivery, or shall be accompanied by duly executed instruments of transfer or assignment in blank, with signatures appropriately guaranteed, and accompanied by any required transfer tax stamps, all in form and substance satisfactory to the Collateral Agent and (y) accompanied by a completed notice to the stock transfer agent of the Issuer as contemplated by Section 17 below.
Delivery of Pledged Stock. Such Grantor shall, promptly but in any event within thirty (30) days (or such longer period as Lender may agree in its sole discretion) after acquiring any Pledged Stock not owned on the Closing Date, (i) deliver to Lender, in suitable form for transfer and in form and substance reasonably satisfactory to Lender, all such Pledged Stock that is Pledged Certificated Stock, and (ii) cause the issuer of any such Pledged Stock that is Pledged Uncertificated Stock to execute an uncertificated stock control agreement in the form attached hereto as Annex 4, pursuant to which, inter alia, such issuer agrees to comply with Lender’s instructions with respect to such Pledged Uncertificated Stock without further consent by such Grantor, and, for the avoidance of doubt, if any such Pledged Uncertificated Stock becomes certificated, promptly (but in any event within thirty (30) days thereof) deliver to Lender, in suitable form for transfer and in form and substance reasonably satisfactory to Lender, all such certificates, instruments or other similar documents (as defined in the Code).
Delivery of Pledged Stock. With respect to the Pledged Stock that shall be delivered or held in definitive, certificated form, the -92- 98 related Borrower shall deliver to the Bond/PC Custodian the original of the relevant certificate in form suitable for transfer, with accompanying, duly executed instruments of transfer or appropriate instruments of assignment executed in blank or in the name of the Lender or the Bond/PC Custodian, transfer tax stamps, and any other documents or instruments necessary in the reasonable opinion of the Lender to effect and perfect a legally valid delivery of such security or other item of investment property to the Lender or the Bond/PC Custodian. Unless otherwise instructed by Lender, any delivery of a security or other item of investment property in definitive, certificated form shall be made to The Chase Manhattan Bank, 4 Nex Xxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, Xxtention: Outsourcing Department, Jennxxxx Xxxx.
Delivery of Pledged Stock. The Existing Agent shall promptly deliver to the Successor Agent, and the Successor Agent shall acknowledge in writing receipt of, all of the Pledged Stock.
Delivery of Pledged Stock. Subject to the terms of the Intercreditor Agreement, at such time as all obligations under the Senior Credit Agreement have been satisfied in full in cash or other payment satisfactory to the Senior Lenders and all lending commitments thereunder have been terminated, the Pledgor shall deliver to the Trustee the certificates representing the Pledged Stock in pledge hereunder. All certificates representing Pledged Stock delivered to the Trustee by the Pledgor pursuant hereto shall be in suitable form for transfer by delivery, or shall be accompanied by duly executed instruments of transfer or assignment in blank, with signatures appropriately guaranteed, and accompanied by any required transfer tax stamps, all in form and substance satisfactory to the Trustee.
Delivery of Pledged Stock. The Agent shall have received original stock certificates of the Pledged Shares (as defined in the Pledge Agreement, as amended hereby) of Genicom Canada Inc., along with stock powers executed in blank.
