Powers Coupled with an Interest. The rights and powers granted in this Section 4 to the Collateral Agent have been granted in order to perfect its security interests in the Collateral Account, are powers coupled with an interest and will be affected neither by the bankruptcy of the Purchase Contract Agent or any Holder nor by the lapse of time. The obligations of the Securities Intermediary under this Section 4 shall continue in effect until the termination of the Pledge.
Appears in 35 contracts
Samples: Pledge Agreement (American Electric Power Co Inc), Pledge Agreement (American Electric Power Co Inc), Pledge Agreement (American Electric Power Co Inc)
Powers Coupled with an Interest. The rights and powers granted in this Section Article 4 to the Collateral Agent have been granted in order to perfect its security interests in the Collateral Account, are powers coupled with an interest and will be affected neither by the bankruptcy of the Purchase Contract Agent or any Holder nor by the lapse of time. The obligations of the Securities Intermediary under this Section Article 4 shall continue in effect until the termination of the Pledge.
Appears in 22 contracts
Samples: Pledge Agreement (El Paso Capital Trust Ii), Pledge Agreement (Hartford Financial Services Group Inc/De), Pledge Agreement (Nisource Inc)
Powers Coupled with an Interest. The rights and powers granted in this Section Article 4 to the Collateral Agent have been granted in order to perfect its security interests in the Collateral Account, are powers coupled with an interest and will be affected neither by the bankruptcy of the Purchase Contract Agent or any Holder nor by the lapse of time. The obligations of the Securities Intermediary under this Section Article 4 shall continue in effect until the termination of the PledgePledge with respect to any and all Collateral.
Appears in 11 contracts
Samples: Pledge Agreement (PNM Resources Inc), Pledge Agreement (Pmi Group Inc), Pledge Agreement (PNM Resources Inc)
Powers Coupled with an Interest. The rights and powers granted in this Section ARTICLE 4 to the Collateral Agent have been granted in order to perfect its security interests in the Collateral Account, are powers coupled with an interest and will be affected neither by the bankruptcy of the Purchase Contract Warrant Agent or any Holder nor by the lapse of time. The obligations of the Securities Intermediary under this Section ARTICLE 4 shall continue in effect until the termination of the Pledge.
Appears in 2 contracts
Samples: Pledge Agreement (Citizens Communications Co), Pledge Agreement (Citizens Communications Co)
Powers Coupled with an Interest. The rights and powers granted in this Section Article 4 to the Collateral Agent have been granted in order to - perfect its security interests in the Collateral Account, are powers coupled with an interest and will be affected neither by the bankruptcy of the Purchase Contract Agent or any Holder nor by the lapse of time. The obligations of the Securities Intermediary under this Section Article 4 shall continue in effect until the - termination of the Pledge.
Appears in 1 contract
Samples: Pledge Agreement (Partnerre LTD)
Powers Coupled with an Interest. The rights and powers granted in this Section Article 4 to the Collateral Agent have been granted in order to perfect its security interests in the Collateral Account, are powers coupled with an interest and will be affected neither by the bankruptcy of the Purchase Contract Warrant Agent or any Holder nor by the lapse of time. The obligations of the Securities Intermediary under this Section Article 4 shall continue in effect until the termination of the Pledge.
Appears in 1 contract
Samples: Pledge Agreement (Chubb Corp)
Powers Coupled with an Interest. The rights and powers granted in this Section ARTICLE 4 to the Collateral Agent have been granted in order to perfect its security interests in the Collateral Account, are powers coupled with an interest and will be affected neither by the bankruptcy of the Purchase Contract Agent or any Holder nor by the lapse of time. The obligations of the Securities Intermediary under this Section ARTICLE 4 shall continue in effect until the termination of the Pledge.
Appears in 1 contract
Samples: Pledge Agreement (Cinergy Corp)
Powers Coupled with an Interest. The rights and powers granted in this Section Article 4 to the Collateral Agent have been granted in order to perfect its security interests in the Collateral Account, are powers coupled with an interest and will be affected neither by the bankruptcy of the Purchase Contract Agent or any Holder nor by the lapse of time. The obligations of the Collateral Agent and the Securities Intermediary under this Section Article 4 shall continue in effect until the termination of the Pledge.
Appears in 1 contract
