Common use of Pledged Stock; Stock Powers Clause in Contracts

Pledged Stock; Stock Powers. The Lender shall have received, if applicable, the certificates representing the shares or other equity interests of corporations or the membership interests of limited liability companies, as applicable, pledged pursuant to the Pledge Agreement, together with a signed, undated stock or transfer power, as applicable, for each such certificate executed in blank by a duly authorized officer of the pledgor thereof. Each Issuer referred to in the Pledge Agreement shall have delivered an acknowledgement of and consent to such Pledge Agreement, executed by a duly authorized officer of such Issuer, in substantially the form appended to such Pledge Agreement.

Appears in 3 contracts

Samples: Credit Agreement (Merisel Inc /De/), Credit Agreement (Merisel Inc /De/), Credit Agreement (Merisel Inc /De/)

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Pledged Stock; Stock Powers. The Lender Agent shall have received, if applicable, received the --------------------------- certificates representing the shares or other equity interests of corporations or the membership interests of limited liability companies, as applicable, pledged pursuant to the Pledge AgreementAgreement (other than shares of HC Personal Resources, Inc., which are held by HCFP), together with a signed, an undated stock or transfer power, as applicable, power for each such certificate executed in blank by a duly authorized officer of the pledgor thereof. Each Issuer referred to in the Pledge Agreement shall have delivered an acknowledgement acknowledgment of and consent to such the Pledge Agreement, executed by a duly authorized officer of such Issuer, in substantially the form appended to such the Pledge Agreement.

Appears in 1 contract

Samples: Agreement (Healthcor Holdings Inc)

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