Delivery of Security and Instrument Collateral. All certificates, if any, or Instruments constituting or evidencing the Collateral shall be delivered to and held by or on behalf of Secured Party pursuant hereto and shall be in suitable form for transfer by delivery, or shall be accompanied by undated and duly executed instruments of transfer or assignment in blank, all in form and substance reasonably satisfactory to Secured Party. If an Event of Default exists, Secured Party has the right to transfer to or to register in the name of Secured Party or any of its nominees any or all of such Collateral. Secured Party shall endeavor to provide Grantor with notice of such transfer and registration; provided, any failure to provide any such notice shall not impair any right or action of Secured Party or any Secured Creditor. In addition, Secured Party has the right, if Secured Party reasonably determines that the exercise of such right is necessary to protect its rights, at any time to exchange certificates or instruments representing or evidencing Collateral for certificates or instruments of smaller or larger denominations.
Delivery of Security and Instrument Collateral. All certificates or instruments representing or evidencing the Collateral shall be delivered to and held by or on behalf of the Collateral Agent pursuant hereto 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 reasonably satisfactory to the Collateral Agent. The Collateral Agent shall have the right, as provided in Section 3.6, and during the continuance, of an Event of Default, but without any requirement for prior written notice to the Debtor, to transfer to or to register in the name of the Collateral Agent or any of its nominees any or all of such Collateral. In addition, the Collateral Agent shall have the right at any time during the continuance of an Event of Default to exchange certificates or instruments representing or evidencing Collateral for certificates or instruments of smaller or larger denominations. Except as provided in Section 3.8(d), the Debtor maintains the voting rights in the Securities Collateral (as defined below) which was granted in the Securities Collateral pursuant to Section 1.1(m) and (n).
Delivery of Security and Instrument Collateral. All certificates or instruments representing or evidencing the Collateral shall be delivered to and held by or on behalf of Administrative Agent pursuant hereto 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 Administrative Agent. Administrative Agent shall have the right, as provided in Section 3.06, after the occurrence of an Event of Default, and without notice to Debtor, to transfer to or to register in the name of Administrative Agent or any of its nominees any or all of such Collateral. In addition, Administrative Agent shall have the right at any time after the occurrence of an Event of Default to exchange certificates or instruments representing or evidencing Collateral for certificates or instruments of smaller or larger denominations.
Delivery of Security and Instrument Collateral. 6 II. REPRESENTATIONS AND WARRANTIES 2.01. . . . . . . . . . . . . . . . . . . .REPRESENTATIONS AND WARRANTIES 6 III. COVENANTS
Delivery of Security and Instrument Collateral. All certificates, if any, or Instruments constituting or evidencing the Collateral shall be delivered to and held by or on behalf of Administrative Agent pursuant hereto and shall be in suitable form for transfer by delivery, or shall be accompanied by undated and duly executed stock powers or instruments of transfer or assignment in blank, all in form and substance reasonably satisfactory to Administrative Agent. If an Event of Default exists, Administrative Agent has the right without notice to any Debtor to transfer to or to register in the name of Administrative Agent or any of its nominees any or all of such Collateral. In addition, Administrative Agent has the right, if Administrative Agent reasonably determines that the exercise of such right is necessary to protect its rights, at any time to exchange certificates or Instruments representing or evidencing Collateral for certificates or Instruments of smaller or larger denominations.
Delivery of Security and Instrument Collateral. All certificates, if any, or Instruments constituting or evidencing the Collateral shall be delivered to and held by or on behalf of Secured Party pursuant hereto and shall be in suitable form for transfer by delivery, or shall be accompanied by undated and duly executed stock powers and instruments of transfer or assignment in blank, all in form and substance reasonably satisfactory to Secured Party. If an Event of Default exists, Secured Party has the right without notice to any Debtor to transfer to or to register in the name of Secured Party or any of its nominees any or all of such Collateral. In addition, Secured Party has the right, if Secured Party reasonably determines that the exercise of such right is necessary to protect its rights, at any time to exchange certificates or Instruments representing or evidencing Collateral for certificates or Instruments of smaller or larger denominations.
Delivery of Security and Instrument Collateral. All certificates, if any, or Instruments constituting or evidencing the Collateral required to be delivered hereunder shall be delivered to and held by or on behalf of Secured Party pursuant hereto and shall be in suitable form for transfer by delivery, or shall be accompanied by undated and duly executed instruments of transfer or assignment in blank, all in form and substance reasonably satisfactory to Secured Party. If an Event of Default occurs and is continuing, Secured Party has the right, without notice to any Grantor, to transfer to or to register in the name of Secured Party or any of its nominees any or all of such Collateral.
Delivery of Security and Instrument Collateral. All certificates, if any, or Instruments having a value in excess of $500,000 in the aggregate, constituting or evidencing the Collateral shall be delivered to and held by or on behalf of Secured Party pursuant hereto and shall be in suitable form for transfer by delivery, or shall be accompanied by undated and duly executed stock powers and instruments of transfer or assignment in blank, all in form and substance reasonably satisfactory to Secured Party. If an Event of Default exists, Secured Party has the right without notice to any Debtor to transfer to or to register in the name of Secured Party or any of its nominees any or all of such Collateral described in the first sentence of this Section 2.03. In addition, if an Event of Default exists, Secured Party has the right, if Secured Party reasonably determines that the exercise of such right is necessary to protect its rights, to exchange certificates or Instruments representing or evidencing the Collateral for certificates or Instruments of smaller or larger denominations.
Delivery of Security and Instrument Collateral. All certificates, if any, or Instruments constituting or evidencing the Collateral (other than Non-Perfected Collateral) shall be delivered to and held by or on behalf of Secured Creditor pursuant hereto and shall be in suitable form for transfer by delivery, or shall be accompanied by undated and duly executed instruments of transfer or assignment in blank, all in form and substance reasonably satisfactory to Secured Creditor. If an Event of Default exists, Secured Creditor has the right to transfer to or to register in the name of Secured Creditor or any of its nominees any or all of such Collateral (subject to Section 5.6). In addition, Secured Creditor has the right, if Secured Creditor reasonably determines that the exercise of such right is necessary to protect its rights, at any time to exchange certificates or Instruments representing or evidencing Collateral for certificates or Instruments of smaller or larger denominations.
Delivery of Security and Instrument Collateral. All certificates (except certificates of title with respect to motor vehicles shall only be required to be delivered upon request of Administrative Agent) or instruments representing or evidencing the Collateral shall be delivered to and held by or on behalf of Administrative Agent pursuant hereto 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 Administrative Agent. Administrative Agent shall have the right, as provided in Section 3.6, after the occurrence, and during the continuance, of an Event of ----------- Default, but without any requirement for prior written notice to Debtor, to transfer to or to register in the name of Administrative Agent or any of its nominees any or all of such Collateral. In addition, Administrative Agent shall have the right at any time after the occurrence, and during the continuance, of an Event of Default to exchange certificates or instruments representing or evidencing Collateral for certificates or instruments of smaller or larger denominations. Except as provided in Section 3.8(d), Debtor maintains the -------------- voting rights in the Securities Collateral (as defined below) which was granted in the Securities Collateral pursuant to Section 1.1(m) and (n). -------------- ---
