Common use of Record Ownership of Pledged Stock Clause in Contracts

Record Ownership of Pledged Stock. The Collateral Agent may at any time or from time to time 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 Collateral Agent or its nominee. Each Pledgor will promptly give to the Collateral Agent copies of any notices or other communications received by it with respect to Pledged Stock registered in the name of such Pledgor and the Collateral Agent will promptly give to such Pledgor copies of any notices and communications received by the Collateral Agent with respect to Pledged Stock registered in the name of the Collateral Agent or its nominee.

Record Ownership of Pledged Stock. The Collateral Agent may at any time or from time to time following the occurrence and during the continuance of an Event of Defaulttime, in its sole discretion, cause any or all of the Pledged Stock to be transferred of record into the name of the Collateral Agent or its nominee. Each Pledgor The Lien Grantor will promptly give to the Collateral Agent copies of any notices or other communications received by it with respect to Pledged Stock registered in the name of such Pledgor the Lien Grantor and the Collateral Agent will promptly give to such Pledgor the Lien Grantor copies of any notices and communications received by the Collateral Agent with respect to Pledged Stock registered in the name of the Collateral Agent or its nominee.

Record Ownership of Pledged Stock. The Collateral Agent may at any time or from time to time following the occurrence and during the continuance of an Event of Defaulttime, in its sole discretion, cause any or all of the Pledged Stock to be transferred of record into the name of the Collateral Agent or its nominee. Each Pledgor The Borrower will promptly give to the Collateral Agent copies of any notices or other communications received by it with respect to Pledged Stock registered in the name of such Pledgor the Borrower and the Collateral Agent will promptly give to such Pledgor the Borrower copies of any notices and communications received by the Collateral Agent with respect to Pledged Stock registered in the name of the Collateral Agent or its nominee.

Record Ownership of Pledged Stock. The During the continuance of an Event of Default, the Collateral Agent may at any time or from time to time following the occurrence and during the continuance of an Event of Defaulttime, in its sole discretion, cause any or all of the Pledged Stock to be transferred of record into the name of the Collateral Agent or its nominee. Each Pledgor The Borrower will promptly give to the Collateral Agent copies of any material notices or other communications received by it with respect to Pledged Stock registered in the name of such Pledgor the Borrower and the Collateral Agent will promptly give to such Pledgor the Borrower copies of any material notices and communications received by the Collateral Agent with respect to Pledged Stock registered in the name of the Collateral Agent or its nominee.

Record Ownership of Pledged Stock. The During the continuance of an Event of Default, the Collateral Agent may at any time or from time to time following the occurrence and during the continuance of an Event of Defaulttime, in its sole discretion, cause any or all of the Pledged Stock to be transferred of record into the name of the Collateral Agent or its nominee. Each Pledgor Lien Grantor will promptly give to the Collateral Agent copies of any material notices or other communications received by it with respect to Pledged Stock registered in the name of such Pledgor Lien Grantor and the Collateral Agent will promptly give to such Pledgor Lien Grantor copies of any material notices and communications received by the Collateral Agent with respect to Pledged Stock registered in the name of the Collateral Agent or its nominee.