Second Time of Delivery. Effective upon and subject to the receipt by the Pledgor of the Additional Purchase Price, at the Second Time of Delivery, the Pledgor shall either (1) deliver to the Collateral Agent in pledge hereunder one or more certificates in registered form representing in the aggregate Common Stock representing the Additional Share Base Amount of Common Stock, together with undated stock powers with respect thereto duly endorsed in blank, or (2) if such shares of Common Stock are not held in certificated form but are held in book entry form by The Depository Trust Company or other comparable depositary, transfer such number of shares of Common Stock representing the Additional Share Base Amount of Common Stock to an account of the Collateral Agent or to an account (other than an account of the Pledgor) designated by the Collateral Agent with the Depositary Trust Company or such other depositary, as applicable.
Appears in 2 contracts
Samples: Collateral Agreement (Fourth Automatic Common Exchange Security Trust), Collateral Agreement (CVS Automatic Common Exchange Security Trust)
Second Time of Delivery. Effective upon and subject to the receipt by the Pledgor of the Additional Purchase Price, Price at the Second Time of Delivery, the Pledgor shall either (1) deliver to the Collateral Agent in pledge hereunder one or more certificates in registered form representing in the aggregate Common Stock representing at least the Additional Share Base Amount of Common Stock, together with registered in the name of the Collateral Agent or its nominee or duly endorsed in blank or accompanied by undated stock powers with respect thereto duly endorsed in blank, or (2) if such shares of Common Stock are not held in certificated form but are is held in book book-entry form by The Depository Trust Company or any other comparable depositary, transfer such number of shares of Common Stock representing the Additional Share Base Amount of Common Stock to an account of the Collateral Agent or to an account (other than an account of the Pledgor) designated by the Collateral Agent with the Depositary The Depository Trust Company or such other depositary, as applicable.
Appears in 2 contracts
Samples: Collateral Agreement (2009 Dole Food Automatic Common Exchange Security Trust), Collateral Agreement (Murdock David H)