Payment of Indebtedness and Release of Pledged Shares. Upon ----------------------------------------------------- payment in full of the indebtedness evidenced by the Note, the Company shall surrender the Pledged Shares to Pledgor together with all forms of assignment.
Payment of Indebtedness and Release of Pledged Shares. Upon payment in full of the indebtedness evidenced by the Note, the Company shall surrender the Pledged Shares to Pledgor together with all forms of assignment.
Payment of Indebtedness and Release of Pledged Shares. Upon payment in full of the indebtedness evidenced by the Note, the Company shall surrender the Pledged Shares to Pledgor together with all forms of assignment as Pledgor may request and deems sufficient to reconvey title thereto to Pledgor. Simultaneous with the consummation of an Approved Sale (as defined in the Executive Stock Agreement, dated as of the date hereof, between Pledgor and the Company), the Company shall surrender the Pledged Shares to Pledgor together with all forms of assignment as Pledgor may request and deems sufficient to reconvey title thereto to Pledgor; provided that all proceeds received with respect to the Pledged Shares in such Approved Sale be applied to pay the Note in the manner set forth therein.
Payment of Indebtedness and Release of Pledged Shares. Upon payment in full of the indebtedness evidenced by the Note, the Company shall surrender all of the Pledged Shares (and any dividends held as security) to Pledgor together with all forms of assignment.
Upon a Reserved Share Repurchase, the Company shall surrender to the purchaser of the Reserved Shares (upon receipt of payment therefor) the number of Reserved Shares being repurchased together with all forms of assignment.
Payment of Indebtedness and Release of Pledged Shares. Subject to Section 5 above, upon payment in full of the indebtedness evidenced by the Note, the Company shall surrender all of the Pledged Shares (and any dividends held as security) to Pledgor together with all forms of assignment. Upon exercise of the Repurchase Option pursuant to the terms of Section 3 of the Senior Management Agreement, the Company shall surrender to the purchaser (upon receipt of payment therefor) the number of Pledges Shares being repurchased together with all forms of assignment.
Payment of Indebtedness and Release of Pledged Shares. Upon payment of ----------------------------------------------------- any portion of the aggregate indebtedness evidenced by the Executive Note, Holdings shall promptly release a pro rata portion of the Pledged Shares to the --- ---- Executive, together with all forms of assignment reasonably requested by the Executive and other documentation reasonably requested by the Executive relating to the released Pledged Shares. Upon full payment of all principal and interest evidenced by the Executive Note, Holdings shall promptly release all Pledged Shares to the Executive, together with all forms of assignment reasonably requested by the Executive and other documentation reasonably requested by the Executive relating to them.
Payment of Indebtedness and Release of Pledged Shares. Upon full payment of all principal and interest evidenced by the Note, iNTELEFILM shall promptly release all Pledged Shares to the Principals, together with all forms of assignment reasonably requested by the Principals and other documentation reasonably requested by the Principals relating to them.
Payment of Indebtedness and Release of Pledged Shares. Upon ----------------------------------------------------- payment in full of the indebtedness evidenced by the Note, Ledecky shall surrender the Pledged Shares (and any dividends held as security) to the Company together with all forms of assignment.
Payment of Indebtedness and Release of Pledged Shares. Upon payment in full of the indebtedness evidenced by the Note and termination of the Indemnity, HomeGold and HGI shall surrender the Pledged Shares and any additional security to Pledgor together with all forms of assignment.
Payment of Indebtedness and Release of Pledged Shares. Upon payment in full of the indebtedness evidenced by the Notes, including all amounts in respect of principal and interest, this Agreement will terminate and SEPR shall surrender the Pledged Shares to Holdings together with the irrevocable stock power.
