Common use of Second Time of Delivery Clause in Contracts

Second Time of Delivery. Effective upon and subject to the receipt by Pledgor of the Additional Purchase Price, at the Second Time of Delivery, Pledgor shall either (1) deliver to the Collateral Agent in pledge hereunder one or more certificates representing in the aggregate at least the Additional Share Base Amount of Class A Common Stock, registered in the name of the Collateral Agent or its nominee or duly endorsed in blank or accompanied by undated stock powers duly endorsed in blank, or (2) if such Class A Common Stock are not held in certificated form but are held in book-entry form by The Depository Trust Company or any other comparable depositary, transfer such Class A Common Stock to an account of the Collateral Agent or to an account (other than an account of Pledgor) designated by the Collateral Agent with The Depository Trust Company or such other depositary, as applicable.

Appears in 1 contract

Samples: Collateral Agreement (Tenth Automatic Common Exchange Security Trust)

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Second Time of Delivery. Effective upon and subject to the receipt by Pledgor of the Additional Purchase Price, at the Second Time of Delivery, Pledgor shall either (1) deliver to the Collateral Agent in pledge hereunder one or more certificates representing in the aggregate at least the Additional Share Stock Base Amount of Class A Common Stock, registered in the name of the Collateral Agent or its nominee or duly endorsed in blank or accompanied by undated stock powers duly endorsed in blank, or (2) if such Class A Common Stock are is not held in certificated form but are is held in book-entry form by The Depository Trust Company or any other comparable depositary, transfer such Class A Common Stock to an account of the Collateral Agent or to an account (other than an account of Pledgor) designated by the Collateral Agent with The Depository Trust Company or such other depositary, as applicable.

Appears in 1 contract

Samples: Collateral Agreement (Ameritrade Automatic Common Exchange Security Tr)

Second Time of Delivery. Effective upon and subject to the receipt by Pledgor of the Additional Purchase Price, Price at the Second Time of Delivery, Pledgor shall either (1) deliver to the Collateral Agent in pledge hereunder one or more certificates representing in the aggregate at least the Additional Share Base Amount of Class A Common Stock, registered in the name of the Collateral Agent or its nominee or duly endorsed in blank or accompanied by undated stock powers duly endorsed in blank, or (2) if such shares of Class A Common Stock are not held in certificated form but are is held in book-entry form by The Depository Trust Company or any other comparable depositary, transfer such shares of Class A Common Stock to an account of the Collateral Agent or to an account (other than an account of Pledgor) designated by the Collateral Agent with The Depository Trust Company or such other depositary, as applicable.

Appears in 1 contract

Samples: Collateral Agreement (Eleventh Automatic Common Exchange Security Trust)

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Second Time of Delivery. Effective upon and subject to the receipt by Pledgor of the Additional Purchase Price, Price at the Second Time of Delivery, Pledgor shall either (1) deliver to the Collateral Agent in pledge hereunder one or more certificates representing Class B Common Stock convertible upon transfer thereof equal to in the aggregate at least the Additional Share Base Amount of Class A Common Stock, registered in the name of the Collateral Agent or its nominee or duly endorsed in blank or accompanied by undated stock powers duly endorsed in blank, or (2) if such shares of Class A B Common Stock are not held in certificated form but are is held in book-entry form by The Depository Trust Company or any other comparable depositary, transfer such shares of Class A B Common Stock to an account of the Collateral Agent or to an account (other than an account of Pledgor) designated by the Collateral Agent with The Depository Trust Company or such other depositary, as applicable.

Appears in 1 contract

Samples: Collateral Agreement (2010 Swift Mandatory Common Exchange Security Trust)

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