Common use of Perfection of Pledge Clause in Contracts

Perfection of Pledge. (a) The Pledgor shall, from time to time, as may be required by the Secured Party with respect to all Collateral, promptly take all actions as may be requested by the Secured Party to perfect the security interest of the Secured Party in the Collateral, including, without limitation, with respect to all Collateral over which control may be obtained within the meaning of Section 8-106 of the UCC, the Pledgor shall promptly take all actions as may be requested from time to time by the Secured Party, including issuing the Notice of Charge, so that control of such Collateral is obtained and at all times held by the Secured Party with the relevant securities intermediary. All of the foregoing shall be at the sole cost and expense of the Pledgor. (b) The Pledgor hereby irrevocably authorizes the Secured Party at any time and from time to time to file in any relevant jurisdiction any financing statements and amendments thereto that contain the information required by Article 9 of the UCC of each applicable jurisdiction for the filing of any financing statement or amendment relating to the Collateral, without the signature of the Pledgor where permitted by law. The Pledgor agrees to provide all information required by the Secured Party pursuant to this Section promptly to the Secured Party upon request. (c) The Pledgor shall cause any securities intermediary which is the holder of any Pledged Shares, to cause the Secured Party to have and retain control over such Pledged Shares. Without limiting the foregoing, the Pledgor will, with respect to the Pledged Shares held with a securities intermediary, execute the Notice of Charge and obtain such securities intermediary’s acknowledgement thereof.

Perfection of Pledge. (a) The Pledgor and the Borrower shall, from time to time, as may be required by the Secured Party with respect to all Collateral, promptly immediately take all actions as may be requested by the Secured Party to perfect the security interest of the Secured Party in the Collateral, including, without limitation, with respect to all Collateral over which control may be obtained within the meaning of Section 8-106 of the UCC, the Pledgor and the Borrower shall promptly immediately take all actions as may be requested from time to time by the Secured Party, including issuing the Notice of Charge, Party so that control of such Collateral is obtained and at all times held by the Secured Party with the relevant securities intermediaryParty. All of the foregoing shall be at the sole cost and expense of the PledgorBorrower. (b) The Pledgor and the Borrower, as applicable, hereby irrevocably authorizes the Secured Party at any time and from time to time to file in any relevant jurisdiction any financing statements and amendments thereto that contain the information required by Article 9 of the UCC of each applicable jurisdiction for the filing of any financing statement or amendment relating to the Collateral, without the signature of the Pledgor where permitted by law. The Pledgor and the Borrower agrees to provide all information required by the Secured Party pursuant to this Section promptly to the Secured Party upon request. (c) The Pledgor shall cause any securities intermediary which is the holder of any Pledged Shares, to cause the Secured Party to have and retain control over such Pledged Shares. Without limiting the foregoing, the Pledgor will, with respect to the Pledged Shares held with a securities intermediary, execute the Notice of Charge and obtain such securities intermediary’s acknowledgement thereof.

Perfection of Pledge. (a) The Contemporaneously with the execution hereof, Pledgor will deliver to the Collateral Agent the original stock certificates representing or evidencing the Pledged Shares, accompanied by duly executed instruments of transfer or assignments in blank, to be held by the Collateral Agent in accordance with the terms hereof. Upon payment and discharge in full of the Secured Obligations or the valid termination of the Side Agreement in accordance with its terms, the Collateral Agent shall surrender and transfer to Pledgor all of the Collateral and all rights held by the Collateral Agent on behalf of the Secured Parties as a result of its lien and possession thereof. (b) Pledgor shall, from time to time, as may be reasonably required by the Secured Party Collateral Agent with respect to all Collateral, promptly immediately take all actions as may be requested by the Secured Party Collateral Agent to perfect the security interest of the Secured Party Collateral Agent in the CollateralCollateral for the benefit of the Secured Parties, including, without limitation, with respect to all Collateral over which control may be obtained within the meaning of Section 8-106 of the UCC, the Pledgor shall promptly immediately take all actions as may be requested from time to time by the Secured Party, including issuing the Notice of Charge, Collateral Agent so that control of such Collateral is obtained and at all times held by the Secured Party with the relevant securities intermediaryCollateral Agent. All of the foregoing shall be at the sole cost and expense of the Pledgor. (bc) The Pledgor hereby irrevocably authorizes the Secured Party Collateral Agent at any time and from time to time to file in any relevant jurisdiction any financing statements and amendments thereto that contain the information required by Article 9 of the UCC of each applicable jurisdiction for the filing of any financing statement or amendment relating to the Collateral, without the signature of the Pledgor where permitted by law. The Pledgor agrees to provide all information required by the Secured Party Collateral Agent pursuant to this Section promptly to the Secured Party Collateral Agent upon request. (c) The Pledgor shall cause any securities intermediary which is the holder of any Pledged Shares, to cause the Secured Party to have and retain control over such Pledged Shares. Without limiting the foregoing, the Pledgor will, with respect to the Pledged Shares held with a securities intermediary, execute the Notice of Charge and obtain such securities intermediary’s acknowledgement thereof.

Perfection of Pledge. (a) The Pledgor shall, from time to time, as may be required by the Secured Party with respect to all Collateral, promptly take all actions as may be requested by the Secured Party to perfect the security interest of the Secured Party in the Collateral, including, without limitation, with respect to all Collateral over which control may be obtained within the meaning of Section 8-106 of the UCC, the Pledgor shall promptly take all actions as may be requested from time to time by the Secured Party, including issuing the Second Lien Notice of Charge, so that control of such Collateral is obtained and at all times held by the Secured Party with the relevant securities intermediary. All of the foregoing shall be at the sole cost and expense of the Pledgor. (b) The Pledgor hereby irrevocably authorizes the Secured Party at any time and from time to time to file in any relevant jurisdiction any financing statements and amendments thereto that contain the information required by Article 9 of the UCC of each applicable jurisdiction for the filing of any financing statement or amendment relating to the Collateral, without the signature of the Pledgor where permitted by law. The Pledgor agrees to provide all information required by the Secured Party pursuant to this Section promptly to the Secured Party upon request. (c) The Pledgor shall cause any securities intermediary which is the holder of any Pledged Shares, to cause the Secured Party to have and retain control over such Pledged Shares. Without limiting the foregoing, the Pledgor will, with respect to the Pledged Shares held with a securities intermediary, execute the Second Lien Notice of Charge and obtain such securities intermediary’s acknowledgement thereof.

Perfection of Pledge. (a) The Pledgor shall, from time to time, as may be required by the Secured Party with respect to all Collateral, promptly immediately take all actions as may be requested by the Secured Party to perfect the security interest of the Secured Party in the Collateral, including, without limitation, with respect to all Collateral over which control may be obtained within the meaning of Section 8-106 of the UCC, the Pledgor shall promptly immediately take all actions as may be requested from time to time by the Secured Party, including issuing the Notice of Charge, Party so that control of such Collateral is obtained and at all times held by the Secured Party with the relevant securities intermediaryParty. All of the foregoing shall be at the sole cost and expense of the Pledgor. (b) The Pledgor hereby irrevocably authorizes the Secured Party at any time and from time to time to file in any relevant jurisdiction any financing statements and amendments thereto that contain the information required by Article 9 of the UCC of each applicable jurisdiction for the filing of any financing statement or amendment relating to the Collateral, without the signature of the Pledgor where permitted by law. The Pledgor agrees to provide all information required by the Secured Party pursuant to this Section promptly to the Secured Party upon request. (c) The Pledgor shall cause any securities intermediary which is and Secured Party agree that concurrent with the holder execution and delivery of any Pledged Sharesthis Agreement, they will provide the Notice of Pledge and Control Agreement in substantially the form set forth as Exhibit A to cause this Pledge Agreement (the “Control Agreement”) to the Secured Party to have and retain control over such Pledged (as issuer of the Pledge Shares. Without limiting the foregoing) and/or its third party transfer agent, the Pledgor will, with respect to the Pledged Shares held with a securities intermediary, execute the Notice of Charge and obtain such securities intermediary’s acknowledgement thereofif applicable.

Perfection of Pledge. (a) The Pledgor shall, from time to time, as may be required by the Secured Party with respect to all Collateral, promptly take all actions as may be requested by the Secured Party to perfect the security interest of the Secured Party in the Collateral, including, without limitation, with respect to all Collateral over which control may be obtained within the meaning of Section 8-106 of the UCC, the Pledgor shall promptly take all actions as may be requested from time to time by the Secured Party, including issuing the First Lien Notice of Charge, so that control of such Collateral is obtained and at all times held by the Secured Party with the relevant securities intermediary. All of the foregoing shall be at the sole cost and expense of the Pledgor. (b) The Pledgor hereby irrevocably authorizes the Secured Party at any time and from time to time to file in any relevant jurisdiction any financing statements and amendments thereto that contain the information required by Article 9 of the UCC of each applicable jurisdiction for the filing of any financing statement or amendment relating to the Collateral, without the signature of the Pledgor where permitted by law. The Pledgor agrees to provide all information required by the Secured Party pursuant to this Section promptly to the Secured Party upon request. (c) The Pledgor shall cause any securities intermediary which is the holder of any Pledged Shares, to cause the Secured Party to have and retain control over such Pledged Shares. Without limiting the foregoing, the Pledgor will, with respect to the Pledged Shares held with a securities intermediary, execute the First Lien Notice of Charge and obtain such securities intermediary’s acknowledgement thereof.