Delivery of the Pledged Collateral. (a) Each Pledgor agrees promptly to deliver or cause to be delivered to the Applicable Agent, for the ratable benefit of the Secured Parties, any and all Pledged Securities to the extent such Pledged Securities are either (i) Equity Interests in Subsidiaries of Holdings or (ii) in the case of promissory notes or other instruments evidencing Indebtedness, are required to be delivered pursuant to paragraph (b) of this Section 2.
Appears in 3 contracts
Samples: Collateral Agreement (Momentive Performance Materials Inc.), Collateral Agreement (Momentive Performance Materials Inc.), Collateral Agreement (Momentive Performance Materials Inc.)
Delivery of the Pledged Collateral. (a) Each Pledgor agrees promptly to deliver or cause to be delivered to the Applicable Collateral Agent, for the ratable benefit of the Secured Parties, any and all Pledged Securities to the extent such Pledged Securities are either (i) Equity Interests in Subsidiaries of Holdings or (ii) Securities, in the case of promissory notes or other instruments evidencing Indebtedness, are required to be delivered pursuant to paragraph (b) of this Section 23.02.
Appears in 2 contracts
Samples: Indenture (Verso Paper Corp.), Credit Agreement (Affinion Group, Inc.)
Delivery of the Pledged Collateral. (a) Each Pledgor agrees promptly to deliver or cause to be delivered to the Applicable Collateral Agent, for the ratable benefit of the Secured Parties, any and all certificates or other instruments (if any) representing such Pledged Securities Securities, to the extent such Pledged Securities are either (i) Equity Interests in Subsidiaries of Holdings Pledged Stock or (ii) in the case of promissory notes or other instruments evidencing IndebtednessPledged Debt, are required to be delivered pursuant to paragraph (b) of this Section 22.2.
Appears in 1 contract
Samples: Credit Agreement (Centurylink, Inc)
Delivery of the Pledged Collateral. (a) Each Pledgor agrees promptly to deliver or cause to be delivered to the Applicable Administrative Agent, for the ratable benefit of the Secured Parties, any and all Pledged Securities to the extent such Pledged Securities are either (i) Equity Interests in Subsidiaries of Holdings or (ii) in the case of promissory notes or other instruments evidencing Indebtedness, are required to be delivered pursuant to paragraph (b) of this Section 23.02.
Appears in 1 contract
Samples: Guarantee and Collateral Agreement (Berry Plastics Holding Corp)
Delivery of the Pledged Collateral. (a) . Each Pledgor agrees promptly to deliver or cause to be delivered to the Applicable AgentCollateral Agent (or the Term Collateral Agent to the extent so provided in the Intercreditor Agreement), as agent for the ratable benefit of the Secured Parties, any and all Pledged Securities to the extent such Pledged Securities are either (i) Equity Interests in Subsidiaries of Holdings or (ii) Securities, in the case of promissory notes or other instruments evidencing Indebtedness, are required to be delivered pursuant to paragraph (b) of this Section 23.
Appears in 1 contract
Samples: Abl Credit Agreement (Noranda Aluminum Holding CORP)
Delivery of the Pledged Collateral. (a) Each Pledgor agrees promptly to deliver or cause to be delivered to the Applicable Agent, for the ratable benefit of the Secured Parties, any and all Pledged Securities to the extent such Pledged Securities are either (i) Equity Interests in Subsidiaries of Holdings or (ii) Securities, in the case of promissory notes or other instruments evidencing Indebtedness, are required to be delivered pursuant to paragraph (b) of this Section 23.02(b), in each case to the extent such Pledged Securities have not been delivered to the Applicable Agent under the Term Loan Facility.
Appears in 1 contract
Delivery of the Pledged Collateral. (a) Each Pledgor agrees promptly to deliver or cause to be delivered to the Applicable AgentCollateral Agent (or the ABL Collateral Agent to the extent so provided in the Intercreditor Agreement), as agent for the ratable benefit of the Secured Parties, any and all Pledged Securities to the extent such Pledged Securities are either (i) Equity Interests in Subsidiaries of Holdings or (ii) Securities, in the case of promissory notes or other instruments evidencing Indebtedness, are required to be delivered pursuant to paragraph (b) of this Section 23.
Appears in 1 contract
Samples: Guarantee and Collateral Agreement (Noranda Aluminum Holding CORP)
Delivery of the Pledged Collateral. (a) Each Pledgor agrees promptly to deliver or cause to be delivered to the Applicable AgentPriority Representative, for the ratable benefit of the Secured Parties, any and all Pledged Securities to the extent such Pledged Securities are either (i) Equity Interests in Subsidiaries of Holdings or (ii) in the case of promissory notes or other instruments evidencing Indebtedness, are required to be delivered pursuant to paragraph (b) of this Section 2.
Appears in 1 contract
Samples: Collateral Agreement (Momentive Performance Materials Inc.)
Delivery of the Pledged Collateral. (a) Each Pledgor agrees promptly to deliver or cause to be delivered to the Applicable Administrative Agent, for the ratable benefit of the Secured Parties, any and all Pledged Securities to the extent such Pledged Securities are either (i) Equity Interests in Subsidiaries of Holdings or (ii) Securities, in the case of promissory notes or other instruments evidencing Indebtedness, are required to be delivered pursuant to paragraph (b) of this Section 23.02.
Appears in 1 contract
