Common use of Delivery of the Pledged Securities Clause in Contracts

Delivery of the Pledged Securities. (a)Each Grantor agrees to deliver or cause to be delivered to the Administrative Agent any and all Pledged Securities constituting Pledged Equity Interests (i) on the Effective Date, in the case of any such Pledged Equity Interests owned by such Grantor on the Effective Date, and (ii) promptly after the acquisition thereof (and in any event as required under the Credit Agreement), in the case of any such Pledged Equity Interests acquired by such Grantor after the Effective Date.

Delivery of the Pledged Securities. (a)Each a) Each Grantor agrees to deliver or cause to be delivered to the Administrative Agent any and all Pledged Securities constituting Pledged Equity Interests (i) on the Effective Date, in the case of any such Pledged Equity Interests owned by such Grantor on the Effective DateDate and not previously so delivered, and (ii) promptly after the acquisition thereof (and and, in any event event, as required under the Credit Agreement), in the case of any such Pledged Equity Interests acquired by such Grantor after the Effective Date.