Common use of Perfection and Priority of Liens Clause in Contracts

Perfection and Priority of Liens. Receipt by the Administrative Agent of all certificates evidencing any certificated Equity Interests pledged to the Administrative Agent pursuant to the Pledge Agreement, together with duly executed in blank and undated stock powers attached thereto.

Perfection and Priority of Liens. Receipt by the Administrative Agent of all certificates evidencing any certificated Equity Interests Capital Stock pledged to the Administrative Agent pursuant to the Pledge Agreement, together with duly executed in blank and blank, undated stock powers attached thereto.

Perfection and Priority of Liens. Receipt by the Administrative Agent of all certificates evidencing any certificated Equity Interests pledged to the Administrative Agent pursuant to the Pledge Agreement, together with duly executed in blank and blank, undated stock powers attached theretothereto (unless, with respect to the pledged Equity Interests of any Foreign Subsidiary, such stock powers are deemed unnecessary by the Administrative Agent in its reasonable discretion under the law of the jurisdiction of incorporation of such Person).

Perfection and Priority of Liens. Receipt by the Administrative Agent of all certificates evidencing any certificated Equity Interests Capital Stock pledged to the Administrative Agent pursuant to the Pledge Agreement, together with duly executed in blank and blank, undated stock powers attached theretothereto (unless, with respect to the pledged Capital Stock of any Foreign Subsidiary, such stock powers are deemed unnecessary by the Administrative Agent in its reasonable discretion under the law of the jurisdiction of incorporation of such Person).