Common use of PERFECTION OF THE PLEDGE Clause in Contracts

PERFECTION OF THE PLEDGE. 3.1. The Pledge shall, by virtue of the execution of this Agreement, be acknowledged and accepted by the Company and thereby perfected in accordance with article 5 of the Financial Collateral Law. 3.2. The Pledge shall as soon as reasonably practicable following the date of this Agreement be recorded in the Shareholders’ Register. The wording of the registration in respect of the Shares shall be as follows: “Pursuant to and in accordance with the share pledge agreement dated 2021 (the “Pledge Agreement”), the Pledged Assets (as such term is defined the Pledge Agreement), which term includes all the shares of the Company owned from time to time by Cobham Ultra PIKCo S.à x.x., have been pledged in favour of HSBC Corporate Trustee Company (UK) Limited as pledgee, to secure the payment of the Secured Liabilities (all capitalised terms having the meaning given to them in the Pledge Agreement)”. In this respect, the Pledgor, as soon as reasonably practicable following the execution of this Agreement, instructs and appoints any manager of the Company acting individually: (a) to register the Pledge in the Shareholders’ Register; and (b) to deliver to the Pledgee, as soon as reasonably practicable following the date of this Agreement, a copy of the relevant pages of the Shareholders’ Register showing that the Pledge over the Shares has been duly recorded.

PERFECTION OF THE PLEDGE. 3.1. The Pledge shall, by virtue of the execution of this Agreement, be acknowledged and accepted by the Company and thereby perfected in accordance with article 5 of the Financial Collateral Law. 3.2. The Pledge shall as soon as reasonably practicable following the date of this Agreement be recorded in the Shareholders’ Register. The wording of the registration in respect of the Shares shall be as follows: “Pursuant to and in accordance with the share pledge agreement dated 2021 (the “Pledge Agreement”), the Pledged Assets (as such term is defined the Pledge Agreement), which term includes all the shares of the Company owned from time to time by Cobham Ultra PIKCo SunCo S.à x.x., have been pledged in favour of HSBC Corporate Trustee Company (UK) Limited Credit Suisse AG, Cayman Islands Branch as pledgee, to secure the payment of the Secured Liabilities (all capitalised terms having the meaning given to them in the Pledge Agreement)”. In this respect, the Pledgor, as soon as reasonably practicable following the execution of this Agreement, instructs and appoints any manager of the Company acting individually: (a) to register the Pledge in the Shareholders’ Register; and (b) to deliver to the Pledgee, as soon as reasonably practicable following the date of this Agreement, a copy of the relevant pages of the Shareholders’ Register showing that the Pledge over the Shares has been duly recorded.