Common use of Record Ownership of Pledged Stock Clause in Contracts

Record Ownership of Pledged Stock. After the occurrence of an Event --------------------------------- of Default, the Pledgee may, in its sole discretion, cause all or any of the Pledged Stock to be transferred of record into the name of the Pledgee or its nominee, as pledgee hereunder. After such time, the Pledgee will promptly give to the Pledgor copies of any notices and communications received by the Pledgee with respect to the Pledged Stock registered in its name or in the name of a nominee.

Appears in 2 contracts

Samples: Pledge Agreement (Tippingpoint Technologies Inc), Pledge Agreement (McHale John F)

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Record Ownership of Pledged Stock. After the occurrence of an --------------------------------- Event --------------------------------- of Default, the Pledgee may, in its sole discretion, cause all or any of the Pledged Stock to be transferred of record into the name of the Pledgee or its nominee, as pledgee hereunder. After such time, the Pledgee will promptly give to the Pledgor copies of any notices and communications received by the Pledgee with respect to the Pledged Stock registered in its name or in the name of a nominee.

Appears in 1 contract

Samples: Pledge Agreement (McHale John F)

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Record Ownership of Pledged Stock. After the occurrence of an Event of --------------------------------- of Default, the Pledgee may, in its sole discretion, cause all or any of the Pledged Stock to be transferred of record into the name of the Pledgee or its nominee, as pledgee hereunder. After such time, the Pledgee will promptly give to the Pledgor copies of any notices and communications received by the Pledgee with respect to the Pledged Stock registered in its name or in the name of a nominee.

Appears in 1 contract

Samples: Pledge Agreement (Tippingpoint Technologies Inc)

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