Stock Powers, etc. The Pledgor agrees that all Pledged Shares (and all other shares of Capital Stock constituting Pledged Collateral) delivered by the Pledgor pursuant to this Pledge Agreement will be accompanied by duly executed undated blank stock powers, or other equivalent instruments of transfer acceptable to the Administrative Agent. The Pledgor shall, from time to time upon the request of the Administrative Agent, promptly deliver to the Administrative Agent such stock powers, instruments, and similar documents, in form and substance reasonably satisfactory to the Administrative Agent, with respect to the Pledged Collateral as the Administrative Agent may reasonably request and shall, from time to time upon the request of the Administrative Agent after the occurrence, and during the continuance, of any Event of Default, promptly transfer any Pledged Shares or other shares of common stock constituting Pledged Collateral into the name of any nominee designated by the Administrative Agent.
Appears in 10 contracts
Samples: Pledge Agreement (Fibernet Telecom Group Inc\), Pledge Agreement (Fibernet Telecom Group Inc\), Subsidiary Pledge Agreement (Fibernet Telecom Group Inc\)
Stock Powers, etc. The Pledgor agrees that all Pledged Shares (and all other shares of Capital Stock capital stock constituting Pledged Collateral) delivered by the Pledgor pursuant to this Pledge Agreement will be accompanied by duly executed undated blank stock powers, or other equivalent instruments of transfer acceptable to the Administrative Agent. The Pledgor shallwill, from time to time upon the request of the Administrative Agent, promptly deliver to the Administrative Agent such stock powers, instruments, and similar documents, satisfactory in form and substance reasonably satisfactory to the Administrative Agent, with respect to the Pledged Collateral as the Administrative Agent may reasonably request and shallwill, from time to time upon the request of the Administrative Agent after the occurrence, and during the continuance, occurrence of any Event of Default, promptly transfer any Pledged Shares or other shares of common stock constituting Pledged Collateral into the name of any nominee designated by the Administrative Agent.
Appears in 6 contracts
Samples: Credit Agreement (Dri I Inc), Credit Agreement (Tele Communications International Inc), Credit Agreement (Wilson Greatbatch Technologies Inc)
Stock Powers, etc. The Each Pledgor agrees that all Pledged Shares Interests (and all other shares of Capital Stock capital stock, partnership interests and other ownership interests constituting Pledged Collateral) delivered by the such Pledgor pursuant to this Pledge Agreement will be accompanied by duly executed undated blank stock powers, or other equivalent instruments of transfer acceptable to the Administrative Agent. The Each Pledgor shallwill, from time to time upon the request of the Administrative Agent, promptly deliver to the Administrative Agent such stock powers, instruments, and similar documents, satisfactory in form and substance reasonably satisfactory to the Administrative Agent, with respect to the Pledged Collateral as the Administrative Agent may reasonably request and shallwill, from time to time upon the request of the Administrative Agent after the occurrence, occurrence and during the continuance, continuation of any Event of Default, promptly transfer any Pledged Shares Interests or other shares of common stock or other ownership interests constituting Pledged Collateral into the name of any nominee designated by the Administrative Agent.
Appears in 2 contracts
Samples: Pledge Agreement (Key Components LLC), Pledge Agreement (Key Components LLC)