Owned Subsidiary. In the event that any additional shares of stock or other ownership interests shall be issued by any Restricted Subsidiary, the Company agrees forthwith to deliver to the Administrative Agent pursuant to the Security Agreement the certificates evidencing such shares of stock or other ownership interests, accompanied by undated stock or other powers executed in blank and to take such other action as the Administrative Agent shall request to perfect the security interest created therein pursuant to the Security Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Frontiervision Holdings Capital Corp), Credit Agreement (Frontiervision Capital Corp)
Owned Subsidiary. In the event that any additional shares of stock or other ownership interests shall be issued by any Restricted Subsidiary, the Company respective Borrower agrees forthwith to deliver to the Administrative Agent pursuant to the Security Agreement the certificates evidencing such shares of stock or other ownership interests, accompanied by undated stock or other powers executed in blank and to take such other action as the Administrative Agent shall request to perfect the security interest created therein pursuant to the Security Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Mediacom Capital Corp), Credit Agreement (Mediacom LLC)
Owned Subsidiary. In the event that any additional shares of stock or other ownership interests shall be issued by any Restricted SubsidiarySubsidiary of a Borrower, the Company such Borrower agrees forthwith to deliver to the Administrative Agent pursuant to the Security Pledge Agreement the certificates evidencing such shares of stock or other ownership interests, accompanied by undated stock or other powers executed in blank and to take such other action as the Administrative Agent shall request to perfect the security interest created therein pursuant to the Security Pledge Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Mediacom Communications Corp), Credit Agreement (Mediacom Broadband Corp)
Owned Subsidiary. In the event that any additional shares of stock or other ownership interests shall be issued by any Restricted SubsidiarySubsidiary of a Borrower, the Company such Borrower agrees forthwith to deliver to the Administrative Agent pursuant to the Security Pledge Agreement the certificates evidencing such shares of stock or other ownership interests, accompanied by undated stock or other powers executed in blank and to take such other action as the Administrative Agent shall request to perfect the security interest created therein pursuant to the Security Pledge Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Mediacom Communications Corp), Credit Agreement (Mediacom Communications Corp)
