Common use of Redelivery of Collateral Clause in Contracts

Redelivery of Collateral. Upon payment in full of the entire principal sum and accrued interest due under the Note, and subject to the terms and conditions of the Stock Purchase Agreement, the Company shall immediately redeliver the Collateral pledged hereunder to Pledgor, duly endorsed, and this Agreement shall terminate; provided, however, that all rights of the Company to retain possession of the Shares pursuant to the Stock Purchase Agreement shall survive termination of this Agreement.

Appears in 2 contracts

Samples: Restricted Stock Purchase Agreement (Etoys Inc), Restricted Stock Purchase Agreement (Etoys Inc)

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Redelivery of Collateral. Upon payment in full of the entire principal sum and all accrued interest due under the Note, and subject to the terms and conditions of the Stock Purchase Agreement, the Company shall will immediately redeliver the Collateral pledged hereunder to Pledgor, duly endorsed, Pledgor and this Agreement shall will terminate; providedPROVIDED, however, that all rights of the Company to retain possession of the Shares pursuant to the Stock Purchase Agreement shall will survive termination of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Silicon Image Inc)

Redelivery of Collateral. Upon payment in full of the entire ------------------------- principal sum and all accrued interest due under the Note, and subject to the terms and conditions of the Stock Purchase Agreement, the Company shall will immediately redeliver the Collateral pledged hereunder to Pledgor, duly endorsed, Pledgor and this Agreement shall will terminate; provided, -------- however, that all rights of the Company to retain possession of the Shares ------- pursuant to the Stock Purchase Agreement shall will survive termination of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (At Home Corp)

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Redelivery of Collateral. Upon payment in full of the entire principal sum and all accrued interest due under the Note, and subject to the terms and conditions of the Stock Purchase Agreement, the Company shall will immediately redeliver the Collateral pledged hereunder to Pledgor, duly endorsed, Pledgor and this Agreement shall will terminate; provided, however, provided however that all rights of the Company to retain possession of the Shares pursuant to the Stock Purchase Agreement shall will survive termination of this Agreement.

Appears in 1 contract

Samples: Stock Pledge Agreement (Virage Logic Corp)

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