Common use of Pledge of Additional Stock Clause in Contracts

Pledge of Additional Stock. If the Borrower shall acquire by -------------------------- exchange or replacement any additional shares of the capital stock of the Company, of whatever class or description ("Additional Stock") at any time after the date hereof, the Borrower hereby grants to the Lender a security interest in, and assigns, transfers, conveys, pledges and hypothecates to the Lender, all of the Borrower's right, title and interest in and to the Additional Stock and such certificates, and immediately upon receipt thereof the Borrower shall pledge and deposit the Additional Stock with the Lender and shall deliver to the Lender certificates therefor registered in the name of the Borrower, together with executed separate assignments thereof, to be held by the Lender under this Agreement. The Stock, the Additional Stock, and any stock or other securities issued in exchange therefor or replacement thereof, are hereinafter together called the "Pledged Stock," and the Pledged Stock and all proceeds thereof and all other securities and moneys received and at the time held by the Lender hereunder are hereinafter together called the "Property," all of which shall be subject to the Liens granted to the Lender under this Agreement.

Pledge of Additional Stock. If the Borrower shall acquire by -------------------------- --------------------------- exchange or replacement any additional shares of the capital stock of the Company, of whatever class or description ("Additional Stock") at any time after the date hereof, the Borrower hereby grants to the Lender a security interest in, and assigns, transfers, conveys, pledges and hypothecates to the Lender, all of the Borrower's right, title and interest in and to the Additional Stock and such certificates, and immediately upon receipt thereof the Borrower shall pledge and deposit the Additional Stock with the Lender and shall deliver to the Lender certificates therefor registered in the name of the Borrower, together with executed separate assignments thereof, to be held by the Lender under this Agreement. The Stock, the Additional Stock, and any stock or other securities issued in exchange therefor or replacement thereof, are hereinafter together called the "Pledged Stock," and the Pledged Stock and all proceeds thereof and all other securities and moneys received and at the time held by the Lender hereunder are hereinafter together called the "Property," all of which shall be subject to the Liens granted to the Lender under this Agreement.

Pledge of Additional Stock. If the Borrower Pledgor shall acquire by -------------------------- exchange or replacement any additional shares of the capital stock of the Companystock, of whatever class or description ("“Additional Stock"”) at any time after the date hereof, the Borrower Pledgor hereby grants to the Lender a security interest in, and assigns, transfers, conveys, pledges and hypothecates to the Lender, all of the Borrower's Pledgor’s right, title and interest in and to the Additional Stock and such certificates, and immediately upon receipt thereof the Borrower Pledgor shall pledge and deposit the Additional Stock with the Lender and shall deliver to the Lender certificates therefor registered in the name of the BorrowerPledgor, together with executed separate assignments thereof, to be held by the Lender under this Agreement. The Stock, the Additional Stock, and any stock or other securities issued in exchange therefor or replacement thereof, are hereinafter together called the "“Pledged Stock," ” and the Pledged Stock and all proceeds thereof and all other securities and moneys received and at the time held by the Lender hereunder are hereinafter together called the "“Property," ” all of which shall be subject to the Liens granted to the Lender under this Agreement.