Common use of RELATED ASSETS AND CERTIFICATION OF SHARES Clause in Contracts

RELATED ASSETS AND CERTIFICATION OF SHARES. (a) The Pledgor shall, promptly upon the accrual, offer or issue and after receipt of any Related Assets (in the form of shares, warrants, subscription rights, participation rights or other securities) or new Shares to which the Pledgor is or will be entitled, procure the delivery thereof to the Pledgee, including all certificates and other documents (if any) representing such new Shares or Related Assets, in the case of registered shares in certificated form duly endorsed in blank. (b) The Pledgor hereby assigns the right to request delivery of certificates representing the Shares to the Pledgee and undertakes to perform all acts requested by the Pledgee to validly pledge the certificates in favour of the Pledgee, including, without limitation, to duly endorse such certificates in blank.