Common use of Pledged Stock; Stock Powers; Pledged Notes; Endorsements Clause in Contracts

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.

Appears in 3 contracts

Samples: Abl Credit Agreement (US Foods Holding Corp.), Abl Credit Agreement (US Foods Holding Corp.), Abl Credit Agreement (US Foods Holding Corp.)

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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.

Appears in 2 contracts

Samples: Credit Agreement (Trans-Porte, Inc.), Credit Agreement (Great North Imports, LLC)

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