Common use of Delivery of Security Collateral and Account Collateral Clause in Contracts

Delivery of Security Collateral and Account Collateral. All certificates or instruments representing or evidencing Security Collateral or Account Collateral shall be delivered to and held by or on behalf of the Trustee 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 the Trustee. The Trustee shall have the right, at any time and without notice to the Company, to transfer to or to register in the name of the Trustee or any of its nominees any or all of the Security Collateral and Account Collateral, subject only to the revocable rights specified in Section 13(a) hereof. In addition, the Trustee shall have the right at any time to exchange certificates or instruments representing or evidencing Account Collateral for certificates or instruments of smaller or larger denominations.

Delivery of Security Collateral and Account Collateral. All certificates or instruments representing or evidencing any Security Collateral or Account Collateral shall be delivered to and held by or on behalf of the Trustee Agent pursuant hereto and shall be in suitable form for transfer by delivery delivery, or shall be accompanied by duly executed instruments of transfer or assignment in blank, all in form and substance reasonably satisfactory to the TrusteeAgent. The Trustee If any Event of Default shall have occurred and be continuing, the Agent shall have the right, at any time and without notice to the Company, right to transfer to or to register in the name of the Trustee Agent or any of its nominees any or all of the Security Collateral and Account Collateral, subject only to the revocable rights specified in Section 13(a) hereof10(a). In addition, the Trustee Agent shall have the right at any time to exchange certificates or instruments representing or evidencing the Security Collateral or Account Collateral for certificates or instruments of smaller or larger denominations.