Pledged Stock and Pledged Notes. The Administrative Agent (or its counsel) shall have received (i) the certificates representing the Capital Stock required to be pledged pursuant to the Security Agreement, together with an undated stock power or similar instrument of transfer for each such certificate endorsed in blank by a duly authorized officer of the pledgor thereof, and (ii) each Material Debt Instrument (if any) endorsed (without recourse) in blank (or accompanied by a transfer form endorsed in blank) by the pledgor thereof.
Pledged Stock and Pledged Notes. Subject to the final paragraph of this Section 4.01 and the provisions of the Closing Date Intercreditor Agreement, the Administrative Agent shall have received (i) the certificates representing any Capital Stock listed on Schedule 3 to the Perfection Certificate dated as of the Closing Date, together with an undated stock power or similar instrument of transfer for each such certificate endorsed in blank by a duly authorized officer of the pledgor thereof, and (ii) any Material Debt Instrument required to be pledged pursuant to the Security Agreement endorsed (without recourse) in blank (or accompanied by an transfer form endorsed in blank) by the pledgor thereof.
Pledged Stock and Pledged Notes. (a) The shares of Pledged Stock pledged by such Grantor hereunder constitute all the issued and outstanding shares of all classes of the Capital Stock of each Issuer owned by such Grantor or, in the case of Foreign Subsidiary Voting Stock, 65% of the outstanding first tier Foreign Subsidiary Voting Stock of each relevant Issuer.
Pledged Stock and Pledged Notes. Subject to the final paragraph of this Section 4.01 and the provisions of the Intercreditor Agreement, the Administrative Agent (or the First Lien Agent as its bailee) shall have received (i) the certificates representing the Capital Stock required to be pledged pursuant to the Security Agreement, together with an undated stock power or similar instrument of transfer for each such certificate endorsed in blank by a duly authorized officer of the pledgor thereof, and (ii) each Material Debt Instrument (if any) endorsed (without recourse) in blank (or accompanied by an transfer form endorsed in blank) by the pledgor thereof.
Pledged Stock and Pledged Notes. (a) Unless a Notice of Acceleration is in effect and the Collateral Trustee shall have given notice to the relevant Grantor and the Company of the Collateral Trustee’s intent to exercise its corresponding rights pursuant to Section 5.3(b), each Grantor shall be permitted to receive all cash dividends paid in respect of any Investment Property, including the Pledged Stock, and, subject to the terms and conditions of the Secured Instruments, all payments made in respect of the Pledged Notes, and to exercise all voting and corporate or other organizational rights with respect to the Pledged Stock and Pledged Notes.
Pledged Stock and Pledged Notes. Subject to the final paragraph of this Section 4.01, the Purchaser Representative (or its counsel) shall have received evidence reasonably satisfactory to the Required Purchasers that (i) the certificates representing the Capital Stock required to be pledged pursuant to the Security Agreement, together with an undated stock power or similar instrument of transfer for each such certificate endorsed in blank by a duly authorized officer of the pledgor thereof, and (ii) each Material Debt Instrument (if any) endorsed (without recourse) in blank (or accompanied by an transfer form endorsed in blank) by the pledgor thereof have been delivered to the Purchaser Representative’s bailee, it being understood that the possession by the First Lien Credit Agreement Agent of such items as gratuitous bailee and non-fiduciary agent for the benefit of the Secured Parties in accordance with the Second Lien Intercreditor and Subordination Agreement shall be deemed to satisfy the requirement set forth in this clause (j).
Pledged Stock and Pledged Notes. Each of the Obligors hereby confirms that, if it is not a party to the Pledge Agreement on the date of this Financing Agreement but thereafter obtains any Pledged Stock or Pledged Notes, it shall promptly give notice to that effect to the Senior Lien Administrative Agent and the Lender and become a party to the Pledge Agreement through an amendment thereto, in form and substance satisfactory to the Lender, and, pursuant to the Pledge Agreement, it shall deliver, or cause to be delivered, all such Pledged Stock or Pledged Notes to the Senior Lien Administrative Agent (or, after the Senior Lien Obligations have been paid in full, to the Lender) in accordance with the applicable terms of the Pledge Agreement and, prior to such delivery, shall hold any such stock in trust for the Senior Lien Administrative Agent and the Lender.
Pledged Stock and Pledged Notes. Simultaneously with the earlier to occur of (a) the payment in full in cash of the Senior Debt Obligations and (b) the termination of the Intercreditor Agreement absent a successor provision to Section 2(b) thereof (which successor provision is in form and substance acceptable to the Required Purchasers), the Company shall instruct the Administrative Agent to deliver, immediately upon such payment in full of such Senior Debt Obligations, to the Co-Agents (i) the certificates, notes and other instruments evidencing the Pledged Stock and Pledged Notes (together with any stock powers and endorsements executed in blank and delivered to the Administrative Agent) and (ii) at the request of the Co-Agents, to such depository account as the Co-Agents shall direct, the cash and other items credited to the Collateral Proceeds Account (as defined in the Guarantee and Collateral Agreement). The Company shall, and shall cause each of its Subsidiaries to, deliver such stock powers, endorsements, instruments and agreements as the Required Purchasers determine necessary or advisable to perfect, and to maintain the perfection of, the security interest granted or purported to be granted by the Company and its Subsidiaries parties to the Guarantee and Collateral Agreement to the Purchasers under the Note Documents in connection with the events contemplated by the foregoing sentence.
Pledged Stock and Pledged Notes. (a) The shares of Pledged Stock pledged by such Grantor hereunder constitute all the issued and outstanding shares of all classes of the Capital Stock of each Issuer owned by such Grantor other than any Capital Stock which is specifically excluded from the definition of Pledged Stock by virtue of the proviso to such definition.
Pledged Stock and Pledged Notes. (a) Unless an Event of Default shall have occurred and be continuing and the Secured Party shall have given notice to the relevant Grantor and the Borrower of the Secured Party’s intent to exercise its corresponding rights pursuant to Section 5.3(b), each Grantor shall be permitted to receive and retain all cash dividends paid in respect of the Pledged Stock and all payments made in respect of the Pledged Notes, and be entitled to exercise all voting and corporate or other organizational rights with respect to the Investment Property constituting Collateral.
