Pledge Control and Perfection Sample Clauses

Pledge Control and Perfection. 4 SECTION 2.1 The Pledge.................................................................................4 SECTION 2.2 Delivery, Control and Perfection...........................................................6

Pledge Control and Perfection. SECTION 2.1 The Pledge(a) The Holders from time to time as beneficial owners of the Collateral (as defined below) acting through the Purchase Contract Agent, as their attorney-in-fact, and the Purchase Contract Agent, as nominal owner of the Collateral, each hereby pledge and grant to the Collateral Agent, for the benefit of the Company, as collateral security for the performance when due by such Holders of their respective obligations under the related Purchase Contracts, a security interest in all of the right, title and interest of the Purchase Contract Agent and such Holders (a) in the Debentures constituting a part of the Securities and any Treasury Securities delivered in exchange for any Debentures (or, if applicable, the Applicable Ownership Interest in the Treasury Portfolio), any Debentures (or, if applicable, the Applicable Ownership Interest in the Treasury Portfolio) delivered in exchange for any Treasury Securities, in accordance with Article IV hereof, in each case that have been Transferred to or received by the Collateral Agent and not released by the Collateral Agent to such Holders under the provisions of this Agreement; (b) in payments made by Holders pursuant to Section 4.4; (c) in the Collateral Account and all securities, financial assets, Cash and other property credited thereto and all Security Entitlements related thereto; (d) in the Treasury Portfolio purchased on behalf of the Holders of Corporate Units by the Collateral Agent upon the occurrence of a Successful Initial Remarketing or a Tax Event Redemption as provided in Article VI, or otherwise, and (e) all Proceeds of the foregoing (all of the foregoing, collectively, the "Collateral").

Pledge Control and Perfection. SECTION 2.1 The Pledge 4 SECTION 2.2 Control and Perfection 5

Pledge Control and Perfection. SECTION 2.1 The Pledge

Pledge Control and Perfection