Common use of Delivery to Pledgee Clause in Contracts

Delivery to Pledgee. a. Pledgor agrees to execute and to use its best efforts to cause all other necessary parties, and any successors and assigns thereof, to execute and deliver to Pledgee such other agreements, instruments and documentation as Pledgee may reasonably request from time to time to effect the conveyance, transfer, and grant to Pledgee of Pledgor's right, title and interest in and to the Collateral as security for the Obligations. b. Concurrently with the execution of this Agreement, Pledgor has caused each of the Members of the Limited Liability Company, other than Pledgee, to execute the Consent to Security Interest and Agreement in the form attached hereto as Schedule A (the "Consent") evidencing the consent of the Members to the assignment of Pledgor's Limited Liability Company interests and their agreement to be bound by Section 4 of this Agreement. Pledgor further agrees to execute and to cause the other Members of the Limited Liability Company to execute and deliver to Pledgee such other agreements, instruments and documentation as Pledgee may reasonably request from time to time to effectuate the conveyance, transfer, assignment and grant to Pledgee of all of Pledgor's right, title and interest in and to the Collateral.

Delivery to Pledgee. a. Pledgor agrees to execute and to use its best efforts to cause all other necessary parties, and any successors and assigns thereof, to execute and deliver to Pledgee such other agreements, instruments and documentation as Pledgee may reasonably request from time to time to effect the conveyance, transfer, and grant to Pledgee of Pledgor's right, title and interest in and to the Collateral as security for the Obligations. b. Concurrently with the execution of this Agreement, Pledgor has caused each of the Members of the Limited Liability Company, other than Pledgee, to execute the Consent to Security Interest and Agreement in the form attached hereto as Schedule A (the "Consent") evidencing the consent of the Members to the assignment of Pledgor's Limited Liability Company interests and their agreement to be bound by Section 4 of this Agreement, and Pledgor covenants to execute, if required by Pledgee, an amendment to the Operating Agreement in such form as Pledgee may reasonably require to reflect the substitution of Pledgee in place of Pledgor as Manager of the Limited Liability Company upon the occurrence of an Event of Default. Pledgor further agrees to execute and to cause the other Members of the Limited Liability Company to execute and deliver to Pledgee such other agreements, instruments and documentation as Pledgee may reasonably request from time to time to effectuate the conveyance, transfer, assignment and grant to Pledgee of all of Pledgor's right, title and interest in and to the CollateralCollateral and to evidence the substitution of the Pledgee in place of Pledgor as Manager in the Limited Liability Company.

Delivery to Pledgee. a. Pledgor agrees to execute and to use its best efforts to cause all other necessary parties, and any successors and assigns thereof, to execute and deliver to Pledgee such other agreements, instruments and documentation as Pledgee may reasonably request from time to time to effect the conveyance, transfer, and grant to Pledgee of Pledgor's right, title and interest in and to the Collateral as security for the Obligations. b. Concurrently with the execution of this Agreement, Pledgor has caused each of the Members of the Limited Liability Company, other than Pledgee, to execute the Consent to Security Interest and Agreement in the form attached hereto as Schedule A (the "Consent") evidencing the consent of the Members to the assignment of Pledgor's Limited Liability Company interests and their agreement to be bound by Section 4 of this Agreement, and Pledgor covenants to execute, if required by Pledgee, an amendment to the Operating Agreement in such form as Pledgee may reasonably require to reflect the substitution of Pledgee in place of Pledgor as Manager of the Limited Liability Company upon the occurrence of an Event of Default. Pledgor further agrees to execute and to cause the other Members of the Limited Liability Company to execute and deliver to the Pledgee such other agreements, instruments and documentation as Pledgee may reasonably request from time to time to effectuate the conveyance, transfer, assignment and grant to Pledgee of all of Pledgor's right, title and interest in and to the CollateralCollateral and to evidence the substitution of the Pledgee in place of Pledgor as Manager in the Limited Liability Company.

Delivery to Pledgee. a. Pledgor agrees to execute and to use its best efforts to cause all other necessary parties, and any successors and assigns thereof, to execute and deliver to Pledgee such other agreements, instruments and documentation as Pledgee may reasonably request from time to time to effect the conveyance, transfer, and grant to Pledgee of Pledgor's right, title and interest in and to the Collateral as security for the Obligations. b. Concurrently with the execution of this Agreement, Pledgor has caused each of the Members of the Limited Liability Company, other than Pledgee, to execute the Consent to Security Interest and Agreement in the form attached hereto as Schedule A (the THE "ConsentCONSENT") evidencing the consent of the Members to the assignment of Pledgor's Limited Liability Company interests and their agreement to be bound by Section 4 of this Agreement, and Pledgor covenants to execute, if required by Pledgee, an amendment to the Operating Agreement in such form as Pledgee may reasonably require to reflect the substitution of Pledgee in place of Pledgor as Manager of the Limited Liability Company upon the occurrence of an Event of Default. Pledgor further agrees to execute and to cause the other Members of the Limited Liability Company to execute and deliver to the Pledgee such other agreements, instruments and documentation as Pledgee may reasonably request from time to time to effectuate the conveyance, transfer, assignment and grant to Pledgee of all of Pledgor's right, title and interest in and to the CollateralCollateral and to evidence the substitution of the Pledgee in place of Pledgor as Manager in the Limited Liability Company.