Common use of Stock Pledges Clause in Contracts

Stock Pledges. All Capital Stock of each of the Borrower’s Subsidiaries shall have been pledged pursuant to the Guaranty and Security Agreement, and the Collateral Agent shall have received all certificates (if any) representing such Capital Stock accompanied by instruments of transfer and undated stock powers executed in blank.

Appears in 5 contracts

Samples: Loan Agreement (Mimedx Group, Inc.), Loan Agreement (Mimedx Group, Inc.), Loan Agreement (Mimedx Group, Inc.)

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Stock Pledges. All Capital Stock of each Borrower and each of the Borrower’s their Subsidiaries shall have been pledged pursuant to the Guaranty and Security Agreement, and the Collateral Agent shall have received all original certificates (if any) representing such Capital Stock accompanied by instruments of transfer and undated stock powers executed in blank.

Appears in 1 contract

Samples: Loan Agreement (Capital Park Holdings Corp.)

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