Release Upon Voluntary Exchange of Debentures. Upon receipt of a Notice of Exchange of the exchange by a Holder of all or part of the Debenture(s) held by such Holder pursuant to Section 4(e) of the Debentures, the Agent shall release out of the Pledged Collateral to such Holder, such number of Pledged Shares as is set forth in the Notice of Exchange.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Accentia Biopharmaceuticals Inc), Pledge Agreement (Accentia Biopharmaceuticals Inc)
Release Upon Voluntary Exchange of Debentures. Upon receipt of a Notice of Exchange of the exchange by a Holder of all or part of the Debenture(s) held by such Holder pursuant to Section 4(e) of the Debentures, the Agent shall release release, out of the Pledged Collateral to such Holder, such number of Pledged Shares as is set forth in the Notice of Exchange.
Appears in 2 contracts
Samples: Pledge Agreement, Pledge Agreement (Accentia Biopharmaceuticals Inc)
