Common use of Perfection of Pledge Clause in Contracts

Perfection of Pledge. 3.1 The Pledgor shall immediately at the execution of this Agreement notify Nordic of the pledge created hereunder by sending a notice in substantially the form set out in Schedule 1.

Perfection of Pledge. 3.1 The Pledgor shall immediately at the execution of this Agreement Agreement a) notify the Security Agent of the pledge created hereunder by sending a notice in substantially the form set out in Schedule 1, and b) notify Nordic of the pledge created hereunder by sending a notice in substantially the form set out in Schedule 12.