Pledged Stock; Stock Powers; Pledged Notes; Endorsements. The Collateral Agent or the Cash Flow Collateral Representative (as bailee for perfection on behalf of the Collateral Agent) shall have received (subject to the proviso in clause (a) of this subsection 5.1):
(i) the certificates, if any, representing the Pledged Stock under (and as defined in) the Guarantee and Collateral Agreement and the Holding Pledge Agreement, together with an undated stock power for each such certificate executed in blank by a duly authorized officer of the pledgor thereof; and
(ii) the promissory notes representing each of the Pledged Notes under (and as defined in) the Guarantee and Collateral Agreement, duly endorsed as required by the Guarantee and Collateral Agreement.
Pledged Stock; Stock Powers; Pledged Notes; Endorsements. The Collateral Agent shall have received:
(i) the certificates, if any, representing the Pledged Stock under (and as defined in) the Guarantee and Collateral Agreement, together with an undated stock power for each such certificate executed in blank by a duly authorized officer of the pledgor thereof; and
(ii) the promissory notes representing each of the Pledged Notes under (and as defined in) the Guarantee and Collateral Agreement, duly endorsed as required by the Guarantee and Collateral Agreement.
Pledged Stock; Stock Powers; Pledged Notes; Endorsements. The ABL Collateral Agent shall have received (subject to the proviso in clause (a) of this subsection 6.1):
(i) the certificates, if any, representing the Pledged Stock under (and as defined in) the U.S. Guarantee and Collateral Agreement or any Canadian Security Document, together with an undated stock power for each such certificate executed in blank by a duly authorized officer of the pledgor thereof; and
(ii) the promissory notes representing each of the Pledged Notes under (and as defined in) the U.S. Guarantee and Collateral Agreement, duly endorsed as required by the U.S. Guarantee and Collateral Agreement.
Pledged Stock; Stock Powers; Pledged Notes; Endorsements. The ABL Collateral Agent or the Secured Party Representative (as bailee for perfection on behalf of the ABL Collateral Agent) shall hold or have received:
(i) the certificates, if any, representing the Pledged Stock under (and as defined in) the Guarantee and Collateral Agreement, together with an undated stock power for each such certificate executed in blank by a duly authorized officer of the pledgor thereof; and
(ii) the promissory notes representing each of the Pledged Notes under (and as defined in) the Guarantee and Collateral Agreement, endorsed or accompanied by a note power executed in blank.
Pledged Stock; Stock Powers; Pledged Notes; Endorsements. The Administrative Agent shall have received:
(i) the certificates, if any, representing the Pledged Stock under (and as defined in) the Guarantee and Collateral Agreement not already in the possession of the Administrative Agent, or that are necessary to correct a certificate in the possession of the Administrative Agent evidencing such Pledged Stock (whether the identity of the record owner or issuer, the number or type of shares, or otherwise), together with an undated stock power (or appropriate transfer document) for each such certificate executed in blank by a duly authorized officer of the pledgor thereof; and
(ii) the promissory notes representing each of the Pledged Notes under (and as defined in) the Guarantee and Collateral Agreement not already in the possession of the Administrative Agent, duly endorsed as required by the Guarantee and Collateral Agreement.
Pledged Stock; Stock Powers; Pledged Notes; Endorsements. The U.S. ABL Collateral Agent or the Cash Flow Collateral Representative (as bailee for perfection on behalf of the U.S. ABL Collateral Agent) shall have received (subject to the proviso in clause (a) of this subsection 6.1):
(i) the certificates, if any, representing the Pledged Stock under (and as defined in) the U.S. Guarantee and Collateral Agreement or any Canadian Security Document and the Holding Pledge Agreement, together with an undated stock power for each such certificate executed in blank by a duly authorized officer of the pledgor thereof; and
(ii) the promissory notes representing each of the Pledged Notes under (and as defined in) the Guarantee and Collateral Agreement, duly endorsed as required by the Guarantee and Collateral Agreement.
Pledged Stock; Stock Powers; Pledged Notes; Endorsements. The Administrative Agent shall have received:
(i) the certificates representing the Pledged Stock under (and as defined in) the Pledge Agreement, together with an undated stock power for each such certificate executed in blank by a duly authorized officer of the pledgor thereof; and
(ii) the promissory notes representing each of the Pledged Notes under (and as defined in) the Pledge Agreement, duly endorsed as required by the Pledge Agreement. The Credit Parties shall have taken such other action as is reasonably satisfactory to the Administrative Agent to perfect the security interests created by the Security Documents.
Pledged Stock; Stock Powers; Pledged Notes; Endorsements. The Administrative Agent shall have received:
(i) the certificates representing the Pledged Stock under (and as defined in) the Guarantee and Collateral Agreement, together with an undated stock power for each such certificate executed in blank by a duly authorized officer of the pledgor thereof; and
(ii) the promissory notes representing each of the Pledged Notes under (and as defined in) the Guarantee and Collateral Agreement, duly endorsed as required by the Guarantee and Collateral Agreement. The Loan Parties shall have taken such other action as is reasonably satisfactory to the Administrative Agent to perfect the security interests created by the Guarantee and Collateral Agreement.
Pledged Stock; Stock Powers; Pledged Notes; Endorsements. The Term Loan Collateral Agent shall have received:
(i) the certificates, if any, representing the Pledged Stock under (and as defined in) the Guarantee and Collateral Agreement, together with an undated stock power for each such certificate executed in blank by a duly authorized officer of the pledgor thereof; and
(ii) the promissory notes representing each of the Pledged Notes under (and as defined in) the Guarantee and Collateral Agreement, duly endorsed as required by the Guarantee and Collateral Agreement; provided that such Pledged Notes, Pledged Stock and related stock powers of the Parent Borrower and its Subsidiaries will only be required to be delivered on the Closing Date to the extent received from the Seller, so long as the Parent Borrower has used reasonable best efforts to obtain them on the Closing Date; provided further, that with respect to any such Pledged Notes or Pledged Stock other than Capital Stock of the Parent Borrower and its Domestic Subsidiaries (to the extent constituting Collateral), if delivery of such Pledged Notes or Pledged Stock and related stock powers, as applicable, to the Term Loan Collateral Agent may not be accomplished on or before the Closing Date after the applicable Loan Party’s use of commercially reasonable efforts to do so, then delivery of such Pledged Notes or Pledged Stock and related stock powers, as applicable, shall not constitute a condition precedent to the initial borrowings hereunder if the applicable Loan Party agrees to deliver or cause to be delivered such Pledged Notes or Pledged Stock and related stock powers, as applicable, in accordance with subsection 7.12 and otherwise pursuant to arrangements to be mutually agreed by the applicable Loan Party and the Administrative Agent acting reasonably, but in no event later than the 31st day after the Closing Date (unless otherwise agreed by the Administrative Agent in its sole discretion).
Pledged Stock; Stock Powers; Pledged Notes; Endorsements. Subject to the Perfection Exceptions, the Collateral Agent shall have received:
(i) the certificates, if any, representing the Pledged Stock under (and as defined in) the Guarantee and Collateral Agreement, together with an undated stock power for each such certificate executed in blank by a duly authorized officer of the pledgor thereof; and
(ii) the promissory notes representing each of the Pledged Notes under (and as defined in) the Guarantee and Collateral Agreement, duly endorsed as required by the Guarantee and Collateral Agreement, to the extent such promissory notes were requested three (3) Business Days prior to the Closing Date;
