Common use of Pledge upon Adjustment Event Clause in Contracts

Pledge upon Adjustment Event. Upon the occurrence of an Adjustment Event, the Pledgor shall immediately cause to be delivered to the Collateral Agent, in the manner provided in Section 6(d): (i) U.S. Government Securities having an aggregate Market Value at least equal to 105% of the Cash Delivery Obligations, if any; and (ii) Reported Securities in an amount at least equal to the Maximum Deliverable Number thereof (if any), or, at Pledgor's election, U.S. Government Securities having an aggregate Market Value at least equal to 150% of such Maximum Deliverable Number of Reported Securities; in each case to be held as substitute or additional Collateral hereunder.

Pledge upon Adjustment Event. Upon the occurrence of an Adjustment Event, the Pledgor shall immediately cause to be delivered to the Collateral AgentTrust, in the manner provided in Section 6(d): (i) U.S. Government Securities having an aggregate Market Value at least equal to 105% of the Cash Delivery Obligations, if any; and (ii) Reported Marketable Securities in an amount at least equal to the Maximum Deliverable Number thereof (if any)thereof, or, at Pledgor's election, U.S. Government Securities having an aggregate Market Value at least equal to 150% of such Maximum Deliverable Number of Reported Marketable Securities; in each case to be held as substitute or additional Collateral hereunder.

Pledge upon Adjustment Event. Upon the occurrence of an ---------------------------- Adjustment Event, the Pledgor shall immediately cause to be delivered to the Collateral Agent, in the manner provided in Section 6(d): (i) U.S. Government Securities having an aggregate Market Value at least equal to 105% of the Cash Delivery Obligations, if any; and (ii) Reported Securities in an amount at least equal to the Maximum Deliverable Number thereof (if any), or, at Pledgor's election, U.S. Government Securities having an aggregate Market Value at least equal to 150% of such Maximum Deliverable Number of Reported Securities; in each case to be held as [substitute or or] additional Collateral hereunder.

Pledge upon Adjustment Event. Upon the occurrence of an Adjustment Event, the Pledgor shall immediately cause to be delivered to the Collateral Agent, in the manner provided in Section 6(d): (i) U.S. Government Securities having an aggregate Market Value at least equal to 105% of the Cash Delivery Obligations, if any; and (ii) Reported Securities in an amount at least equal to the Maximum Deliverable Number thereof (if any), ) or, at Pledgor's election, U.S. Government Securities having an aggregate Market Value at least equal to 150% of such Maximum Deliverable Number of Reported Securities; in each case to be held as substitute or additional Collateral hereunder.