Common use of Record Ownership of Pledged Stock Clause in Contracts

Record Ownership of Pledged Stock. The Agent may at any time or from time to time, in its sole discretion, cause any or all of the Pledged Stock to be transferred of record into the name of the Agent or its nominee. The Borrower will promptly give to the Agent copies of any notices or other communications received by it in its capacity as a shareholder of the Issuer with respect to Pledged Stock registered in the name of the Borrower and the Agent will promptly give to the Borrower copies of any notices and communications received by the Agent with respect to Pledged Stock registered in the name of the Agent or its nominee.

Appears in 3 contracts

Samples: Com Pledge Agreement (Rite Aid Corp), Pledge Agreement (Rite Aid Corp), Credit Agreement (Rite Aid Corp)

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Record Ownership of Pledged Stock. The Agent may at any time or from time to time, in its sole discretion, cause any or all of the Pledged Stock to be transferred of record into the name of the Agent or its nominee. The Borrower will promptly give to the Agent copies of any notices or other communications received by it in its capacity as a shareholder of the Issuer with respect to Pledged Stock registered in the name of the Borrower and the Agent will promptly give to the Borrower copies of any notices and communications received by the Agent with respect to Pledged Stock registered in the name of the Agent or its nominee.

Appears in 3 contracts

Samples: PCS Pledge Agreement (Rite Aid Corp), Credit Agreement (Rite Aid Corp), Pledge Agreement (Rite Aid Corp)

Record Ownership of Pledged Stock. The Agent may at any time or from time to timetime following the occurrence and during the continuance of an Event of Default, in its sole discretion, cause any or all of the Pledged Stock to be transferred of record into the name of the Agent or its nominee. The Borrower Holdings will promptly give to the Agent copies of any notices or other communications received by it in its capacity as a shareholder of the Issuer with respect to Pledged Stock registered in the name of the Borrower Holdings and the Agent will promptly give to the Borrower Holdings copies of any notices and communications received by the Agent with respect to Pledged Stock registered in the name of the Agent or its nominee.

Appears in 2 contracts

Samples: Credit Agreement (Lets Talk Cellular & Wireless Inc), Credit Agreement (Lets Talk Cellular & Wireless Inc)

Record Ownership of Pledged Stock. The Agent may at any time or from time to timetime following the occurrence and during the continuance of an Event of Default, in its sole discretion, cause any or all of the Pledged Stock to be transferred of record into the name of the Agent or its nominee. The Borrower LTC will promptly give to the Agent copies of any notices or other communications received by it in its capacity as a shareholder of the Issuer with respect to Pledged Stock registered in the name of the Borrower LTC and the Agent will promptly give to the Borrower LTC copies of any notices and communications received by the Agent with respect to Pledged Stock registered in the name of the Agent or its nominee.

Appears in 2 contracts

Samples: Credit Agreement (Lets Talk Cellular & Wireless Inc), Credit Agreement (Lets Talk Cellular & Wireless Inc)

Record Ownership of Pledged Stock. The Agent may at any time or from time to timetime during the continuance of an Event of Default, in its sole discretion, cause any or all of the Pledged Stock to be transferred of record into the name of the Agent or its nominee. The Borrower Each Grantor will promptly give to the Agent copies of any notices or other communications received by it in its capacity as a shareholder of the Issuer with respect to Pledged Stock registered in the name of the Borrower its name, and the Agent will promptly give to the Borrower copies of any notices and communications received by the Agent with respect to Pledged Stock registered in the name of the Agent or its nominee.any

Appears in 1 contract

Samples: Agreement (Dolco Packaging Corp /De/)

Record Ownership of Pledged Stock. The Agent may at any time or from time to timetime after an Event of Default has occurred and is continuing, in its sole discretion, cause any or all of the Pledged Stock to be transferred of record into the name of the Agent or its nominee. The Borrower Debtor will promptly give to the Agent copies of any notices or other communications received by it in its capacity as a shareholder of the Issuer with respect to Pledged Stock registered in the name of the Borrower Debtor and the Agent will promptly give to the Borrower Debtor copies of any notices and communications received by the Agent with respect to Pledged Stock registered in the name of the Agent or its nominee.

Appears in 1 contract

Samples: Credit Agreement (Republic Group Inc)

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Record Ownership of Pledged Stock. The Subject to the rights of the holders of the Senior Secured Obligations, the Agent may at any time or from time to time, in its sole discretion, cause any or all of the Pledged Stock to be transferred of record into the name of the Agent or its nominee. The Borrower will promptly give to the Agent copies of any notices or other communications received by it in its capacity as a shareholder of the Issuer with respect to Pledged Stock registered in the name of the Borrower and the Agent will promptly give to the Borrower copies of any notices and communications received by the Agent with respect to Pledged Stock registered in the name of the Agent or its nominee.

Appears in 1 contract

Samples: Junior Pledge Agreement (Rite Aid Corp)

Record Ownership of Pledged Stock. The Upon the occurrence and during the continuation of an Event of Default, the Agent may at any time or from time to timemay, in its sole and reasonable discretion, cause any or all of the Pledged Stock to be transferred of record into the name of the Agent or its nominee. The Borrower Holdings will promptly give to the Agent copies of any notices or other communications received by it in its capacity as a shareholder of the Issuer with respect to Pledged Stock registered in the name of the Borrower Holdings and the Agent will promptly give to the Borrower Holdings copies of any notices and communications received by the Agent with respect to Pledged Stock registered in the name of the Agent or its nominee.

Appears in 1 contract

Samples: Holdings Pledge Agreement (Security Capital Corp/De/)

Record Ownership of Pledged Stock. The Agent may at any time or from time to time, in its sole discretion, cause any or all of the Pledged Stock to be transferred of record into the name of the Agent or its nominee. The Borrower Pledgor will promptly give to the Agent copies of any notices or other communications received by it in its capacity as a shareholder of the Issuer with respect to Pledged Stock registered in the name of the Borrower Pledgor and the Agent will promptly give to the Borrower Pledgor copies of any notices and communications received by the Agent with respect to Pledged Stock registered in the name of the Agent or its nominee.

Appears in 1 contract

Samples: Credit Agreement (Beverly Enterprises Inc)

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