Common use of Delivery of Pledged Stock Clause in Contracts

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.

Appears in 3 contracts

Samples: Pledge Agreement (German American Bancorp, Inc.), Loan and Subordinated Debenture Purchase Agreement (German American Bancorp, Inc.), Loan and Subordinated Debenture Purchase Agreement (Taylor Capital Group Inc)

AutoNDA by SimpleDocs

Delivery of Pledged Stock. On the date hereof, the Pledgor shall place the Pledged Stock in pledge by delivering the Certificates to and depositing them with the Lender or its agent appointed in writing by the Lender. The Pledgor shall also deliver to the 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 the Lender to effect the transfer of all or any portion of the Pledged Stock to the extent hereinafter provided.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Independent Bank Group Inc), Loan and Subordinated Debenture Purchase Agreement (Gateway Financial Holdings Inc)

Delivery of Pledged Stock. On the date hereof, Pledgor shall place the Pledged Stock representing 100% of the issued and outstanding capital stock of the Bank 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.

Appears in 1 contract

Samples: Loan and Subordinated Debenture Purchase Agreement (Old Second Bancorp Inc)

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 Lender, its agent or any custodian appointed in writing by Lender. Pledgor shall also deliver to Lender or Lender, its agent or any custodian 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.

Appears in 1 contract

Samples: Pledge and Security Agreement (Privatebancorp Inc)

AutoNDA by SimpleDocs

Delivery of Pledged Stock. On the date hereof, Pledgor shall place the Pledged Stock in pledge by delivering delivering, or by causing to be delivered, the Certificates to and depositing them with Lender or Administrative Agent, its agent or any custodian appointed in writing by LenderAdministrative Agent. Pledgor shall also deliver to Lender or Administrative Agent, its agent or any custodian 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 Administrative Agent to effect the transfer of all or any portion of the Pledged Stock to the extent hereinafter provided.

Appears in 1 contract

Samples: Revolving Credit Agreement (Privatebancorp, Inc)

Delivery of Pledged Stock. On the date hereof, Pledgor shall place the Pledged Stock in pledge by delivering delivering, or by causing to be delivered, the Certificates to and depositing them with Lender or Collateral Agent, its agent or any custodian appointed in writing by LenderCollateral Agent. Pledgor shall also deliver to Lender or Collateral Agent, its agent or any custodian 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 Collateral Agent to effect the transfer of all or any portion of the Pledged Stock to the extent hereinafter provided.

Appears in 1 contract

Samples: Pledge and Security Agreement (National Consumer Cooperative Bank /Dc/)

Time is Money Join Law Insider Premium to draft better contracts faster.