Common use of Release of Pledge Clause in Contracts

Release of Pledge. Promptly after the Termination Date, the Pledgee agrees to execute any documents that are necessary in order to release the pledge created hereunder at the cost and expense of the Pledgors.

Appears in 5 contracts

Samples: Interest Pledge Agreement, Partnership Interest Pledge Agreement (Kansas City Southern De Mexico, S.A. De C.V.), Partnership Interest Pledge Agreement (Kansas City Southern)

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Release of Pledge. Promptly after the Termination Date, the Pledgee agrees to execute any documents that are necessary in order to release the pledge created hereunder at the cost and expense of the PledgorsPledgors and shall return to the Pledgors the share certificates evidencing the Pledged Shares.

Appears in 1 contract

Samples: Stock Pledge Agreement (Kansas City Southern)

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