Common use of Other Distributions, etc Clause in Contracts

Other Distributions, etc. If, while this Agreement is in effect, ------------------------ Pledgor becomes entitled to receive or receives any securities or other property in addition to, in substitution of, or in exchange for any of the Pledged Interests (whether as a distribution in connection with any recapitalization, reorganization or reclassification), Pledgor shall accept such securities or other property on behalf of and for the benefit of the Company as additional security for Pledgor's obligations under the Notes and shall promptly deliver such additional security to the Company together with duly executed forms of assignment, and such additional security shall be deemed to be part of the Pledged Interests hereunder.

Appears in 2 contracts

Samples: Executive Agreement (Etesting Labs Inc), Executive Agreement (Etesting Labs Inc)

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Other Distributions, etc. If, while this Agreement is in effect, ------------------------ Pledgor becomes entitled to receive or receives any securities or other property in addition to, in substitution of, or in exchange for any of the Pledged Interests (whether as a distribution in connection with any recapitalization, reorganization or reclassification), Pledgor shall accept such securities or other property on behalf of and for the benefit of the Company as additional security for Pledgor's obligations under the Notes Note and shall promptly deliver such additional security to the Company together with duly executed forms of assignment, and such additional security shall be deemed to be part of the Pledged Interests hereunder.

Appears in 2 contracts

Samples: Executive Agreement (Jondex Corp), Executive Agreement (Jondex Corp)

Other Distributions, etc. If, while this Agreement is in effect, ------------------------ Pledgor becomes entitled to receive or receives any securities or other property in addition to, in substitution of, or in exchange for any of the Pledged Interests Interest (whether as a distribution in connection with any recapitalization, reorganization or reclassification), Pledgor shall accept such securities or other property on behalf of and for the benefit of the Company as additional security for Pledgor's obligations under the Notes Note and shall promptly deliver such additional security to the Company together with duly executed forms of assignment, and such additional security shall be deemed to be part of the Pledged Interests Interest hereunder.

Appears in 2 contracts

Samples: Employment Agreement (Maxxim Medical Inc), Employment Agreement (Maxxim Medical Inc)

Other Distributions, etc. If, while this Agreement is in effect, ------------------------ Pledgor becomes entitled to receive or receives any securities or other property in addition to, in substitution of, or in exchange for any of the Pledged Interests (whether as a distribution in connection with any merger, recapitalization, reorganization or reclassification, a stock dividend or otherwise), Pledgor shall accept such securities or other property on behalf of and for the benefit of the Company as additional security for Pledgor's ’s obligations under the Notes Note and shall promptly deliver such additional security or property to the Company together with duly executed forms of assignment, and such additional security shall be deemed to be part of the Pledged Interests hereunder.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Roundy's Parent Company, Inc.)

Other Distributions, etc. If, while this Agreement is in ------------------------ effect, ------------------------ Pledgor becomes entitled to receive or receives any securities or other property in addition to, in substitution of, or in exchange for any of the Pledged Interests (whether as a distribution in connection with any recapitalization, reorganization or reclassification), Pledgor shall accept such securities or other property on behalf of and for the benefit of the Company as additional security for Pledgor's obligations under the Notes Note and shall promptly deliver such additional security to the Company together with duly executed forms of assignment, and such additional security shall be deemed to be part of the Pledged Interests hereunder.

Appears in 1 contract

Samples: Executive Agreement (Etesting Labs Inc)

Other Distributions, etc. If, while this Pledge Agreement is --------------------------- in effect, ------------------------ Pledgor becomes entitled to receive or receives any securities or other property in addition to, in substitution of, or in exchange for any of the Pledged Interests (whether as a distribution in connection with any recapitalization, reorganization or reclassification), Pledgor shall accept such securities or other property on behalf of and for the benefit of the Company Gibralt US as additional security for Pledgor's obligations under the Notes Note and shall promptly deliver such additional security to the Company Gibralt US together with duly executed forms of assignment, and such additional security shall be deemed to be part of the Pledged Interests hereunder.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Pointe Communications Corp)

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Other Distributions, etc. If, while this Agreement is in ------------------------- effect, ------------------------ Pledgor becomes entitled to receive or receives any securities or other property in addition to, in substitution of, or in exchange for any of the Pledged Interests (whether as a distribution in connection with any recapitalization, reorganization or reclassification), Pledgor shall accept such securities or other property on behalf of and for the benefit of the Company as additional security for Pledgor's obligations under the Notes Note and shall promptly deliver such additional security to the Company together with duly executed forms of assignment, and such additional security shall be deemed to be part of the Pledged Interests hereunder.

Appears in 1 contract

Samples: Executive Agreement (Ziff Davis Media Inc)

Other Distributions, etc. If, while this Pledge Agreement ------------------------ is in effect, ------------------------ Pledgor becomes entitled to receive or receives any securities or other property in addition to, in substitution of, or in exchange for any of the Pledged Interests (whether as a distribution in connection with any recapitalization, reorganization or reclassification), Pledgor shall accept such securities or other property on behalf of and for the benefit of the Company First Southeastern as additional security for Pledgor's obligations under the Notes Note and shall promptly deliver such additional security to the Company First Southeastern together with duly executed forms of assignment, and such additional security shall be deemed to be part of the Pledged Interests hereunder.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Pointe Communications Corp)

Other Distributions, etc. If, while this Agreement is in ------------------------ effect, ------------------------ Pledgor becomes entitled to receive or receives any securities or other property in addition to, in substitution of, or in exchange for any of the Pledged Interests (whether as a distribution in connection with any recapitalization, reorganization or reclassification), Pledgor shall accept such securities or other property on behalf of and for the benefit of the Company as additional security for Pledgor's obligations under the Notes and shall promptly deliver such additional security to the Company together with duly executed forms of assignment, and such additional security shall be deemed to be part of the Pledged Interests hereunder.

Appears in 1 contract

Samples: Executive Agreement (Etesting Labs Inc)

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