Common use of Stock Splits, Stock Dividends, etc Clause in Contracts

Stock Splits, Stock Dividends, etc. 4.1 Pledgor agrees that if by virtue of Pledgor's ownership of the Collateral, Pledgor becomes entitled (with or without additional consideration) to other or additional securities as the result of any corporate reorganization, merger, consolidation, stock split, stock dividend, conversion or preemptive right or otherwise, such Pledgor shall: 4.1.1 Cause the issuer of such additional securities to deliver to Pledgee the certificates evidencing Pledgor's ownership thereof and hereby authorizes and empowers Pledgee to demand the same from such issuer, and agrees if such certificates are delivered to Pledgor, to take possession thereof in trust for Pledgee; 4.1.2 Deliver to Pledgee a stock power with respect to such securities, executed in blank by Pledgor; 4.1.3 Deliver to Pledgee such other certificates, forms and other instruments as Pledgee may request in connection with such pledge. 4.2 Pledgor agrees that such additional securities shall constitute a portion of the Collateral and be subject to this Pledge Agreement in the same manner and to the same extent as the securities pledged hereby to Pledgee on the date hereof.

Appears in 2 contracts

Samples: Stock Pledge Agreement (Altair International Inc), Stock Pledge Agreement (Altair International Inc)

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Stock Splits, Stock Dividends, etc. 4.1 4.1. Pledgor agrees that if in the event that Pledgor, by virtue of Pledgor's ownership of the Collateral, Pledgor becomes now is, or hereafter becomes, entitled (with or without additional consideration) to other or additional securities as the result of any corporate reorganization, merger, consolidation, stock split, stock dividend, conversion or preemptive right or otherwise, such Pledgor shall: 4.1.1 4.1.1. Cause the issuer of such additional securities to deliver to Pledgee the certificates evidencing Pledgor's ownership thereof and hereby authorizes and empowers Pledgee to demand the same from such issuer, and agrees if such certificates are delivered to Pledgor, to take possession thereof in trust for Pledgee; 4.1.2 4.1.2. Deliver to Pledgee a stock power an assignment separate from certificate with respect to such securities, executed in blank by Pledgor; 4.1.3 4.1.3. Deliver to Pledgee a certificate, executed by Pledgor and dated the date of such pledge, as to the truth and correctness on such date of the representations and warranties set forth in Section 3 hereof; and 4.1.4. Deliver to Pledgee such other certificates, forms and other instruments as Pledgee may request in connection with such pledge. 4.2 Pledgor agrees that such additional securities shall constitute a portion of the Collateral and be subject to this Pledge Agreement in the same manner and to the same extent as the securities pledged hereby to Pledgee on the date hereof.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Pascal Andrew S), Restricted Stock Agreement (Mathews Paul D)

Stock Splits, Stock Dividends, etc. 4.1 Pledgor agrees that if by virtue of Pledgor's ownership of the Collateral, Pledgor becomes entitled (with or without additional consideration) to other or additional securities as the result of any corporate reorganization, merger, consolidation, stock split, stock dividend, conversion or preemptive right or otherwise, such Pledgor shall:: 8.2 4.1.1 Cause the issuer of such additional securities to deliver to Pledgee the certificates evidencing Pledgor's ownership thereof and hereby authorizes and empowers Pledgee to demand the same from such issuer, and agrees if such certificates are delivered to Pledgor, to take possession thereof in trust for Pledgee; 4.1.2 Deliver to Pledgee a stock power with respect to such securities, executed in blank by Pledgor; 4.1.3 Deliver to Pledgee such other certificates, forms and other instruments as Pledgee may request in connection with such pledge. 4.2 Pledgor agrees that such additional securities shall constitute a portion of the Collateral and be subject to this Pledge Agreement in the same manner and to the same extent as the securities pledged hereby to Pledgee on the date hereof.

Appears in 2 contracts

Samples: Stock Pledge Agreement (Altair International Inc), Stock Pledge Agreement (Altair International Inc)

Stock Splits, Stock Dividends, etc. 4.1 Pledgor agrees that if by virtue of Pledgor's ownership of the CollateralXxxxxxxral, Pledgor becomes entitled (with or without additional consideration) to other or additional securities as the result of any corporate reorganization, merger, consolidation, stock split, stock dividend, conversion or preemptive right or otherwise, such Pledgor shall: 4.1.1 Cause the issuer of such additional securities to deliver to Pledgee the certificates evidencing Pledgor's ownership thereof xxxxxof and hereby authorizes and empowers Pledgee to demand the same from such issuer, and agrees if such certificates are delivered to Pledgor, to take possession thereof in trust for Pledgee; 4.1.2 Deliver to Pledgee a stock power an assignment separate from certificates with respect to such securities, executed in blank by Pledgor; 4.1.3 0.0.0 Deliver to Pledgee such other certificates, forms and other instruments as Pledgee may request in connection with such pledge. 4.2 Pledgor agrees that such additional securities shall constitute a portion of the Collateral and be subject to this Pledge Agreement in the same manner and to the same extent as the securities pledged hereby to Pledgee on the date hereof.

Appears in 1 contract

Samples: Term Note (Wintrust Financial Corp)

Stock Splits, Stock Dividends, etc. 4.1 Pledgor agrees that with respect to all Securities acquired after the date of this Agreement and if by virtue of Pledgor's ownership of the CollateralSecurities, Pledgor becomes entitled (with or without additional consideration) to other or additional securities Securities as the result of any corporate reorganization, merger, consolidation, stock split, stock dividend, conversion or preemptive right or otherwise, such Pledgor shall: 4.1.1 Cause the issuer of such additional securities Securities to deliver to Pledgee the certificates evidencing Pledgor's ownership thereof and hereby authorizes and empowers Pledgee to demand the same from such issuer, and agrees if such certificates are delivered to Pledgor, to take possession thereof in trust for Pledgee;evidencing 4.1.2 Deliver to Pledgee a stock power with respect to such securitiesSecurities, executed in blank by Pledgor; 4.1.3 Deliver to Pledgee such other certificates, forms and other instruments as Pledgee may request in connection with such pledge. 4.2 Pledgor agrees that such additional securities Securities shall constitute a portion of the Collateral and be subject to this Pledge Agreement in the same manner and to the same extent as the securities pledged hereby to Pledgee on the date hereof.

Appears in 1 contract

Samples: Stock Pledge Agreement (Hah Holdings LLC)

Stock Splits, Stock Dividends, etc. 4.1 Pledgor agrees that if in the event Pledgor, by virtue of Pledgor's his ownership of the Collateral, Pledgor becomes now is, or hereafter becomes, entitled (with or without additional consideration) to other or additional securities as the result of any corporate reorganization, merger, consolidation, stock split, stock dividend, conversion or preemptive right or otherwise, such Pledgor shall: 4.1.1 Cause the issuer of such additional securities to deliver to Pledgee Agent the certificates evidencing Pledgor's ownership thereof and hereby authorizes and empowers Pledgee to demand the same from such issuer, and agrees if such certificates are delivered to Pledgor, to take possession thereof in trust for Pledgee; 4.1.2 Deliver to Pledgee a stock power Agent an assignment separate from certificate and irrevocable proxy with respect to such securities, executed in blank by Pledgor; 4.1.3 Deliver to Pledgee Agent a certificate, executed by Pledgor and dated the date of such pledge, as to the truth and correctness on such date of the warranties set forth in SECTION 3 hereof; and 4.1.4 Deliver to Agent such other certificates, forms and other instruments as Pledgee may request in connection with such pledge. 4.2 Pledgor agrees that such additional securities shall constitute a portion of the Collateral and be subject to this Pledge Agreement in the same manner and to the same extent as the securities pledged hereby to Pledgee on the date hereof.

Appears in 1 contract

Samples: Stock Pledge Agreement (Saf T Hammer Corp/Nv)

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Stock Splits, Stock Dividends, etc. 4.1 Pledgor agrees In the event that if Pledgor, by virtue v irtue of Pledgor's ownership of the CollateralCollateral now is, Pledgor becomes or hereafter becomes, entitled (with or without additional consideration) to other or additional securities as the result of any corporate reorganization, merger, merger or consolidation, stock split, stock dividend, conversion or preemptive right dividend or otherwise, such Pledgor shall: 4.1.1 Cause the issuer of such additional securities thereof to deliver to Pledgee the certificates evidencing Pledgor's ownership thereof and hereby authorizes and empowers Pledgee to demand the same from fro such issuer, and agrees if such certificates are delivered to Pledgor, to take possession thereof in trust for Pledgee and forthwith deliver the same to Pledgee; 4.1.2 Deliver to Pledgee a stock power transfer form with respect to such securities, executed in blank by PledgorPledgor and on which hall be endorsed the guarantee by a banking association acceptable to Pledgee, that the signature on such form is genuine; 4.1.3 Deliver to Pledgee a certificate, executed by Pledgor and dated the date of such pledge, as to the xxxx and orrectness on such date of the warranties set forth in Subsection 2.3 hereof; and 4.1.4 Deliver to Pledgee such other certificates, forms and other instruments as Pledgee may request in connection with such pledge. 4.2 Pledgor agrees that t hat such additional securities shall constitute a portion of the Collateral and be subject to this Stock Pledge and Security Agreement in the same manner and to the same extent as the securities pledged hereby to Pledgee on the date hereof.

Appears in 1 contract

Samples: Security Agreement (PHC Inc /Ma/)

Stock Splits, Stock Dividends, etc. 4.1 Pledgor agrees that if by virtue of Pledgor's ownership of the Collateral, Pledgor becomes entitled (with or without additional consideration) to entixxxx xx other or additional securities as the result of any corporate reorganization, merger, consolidation, stock split, stock dividend, conversion or preemptive right or otherwise, such Pledgor shall: 4.1.1 Cause the issuer of such additional securities to deliver to Pledgee the certificates evidencing Pledgor's ownership thereof and hereby authorizes and empowers xxx xxxowers Pledgee to demand the same from such issuer, and agrees if such certificates are delivered to Pledgor, to take possession thereof in trust for Pledgee; 4.1.2 Deliver to Pledgee a stock power an assignment separate from certificates with respect to such securities, executed in blank by Pledgor; 4.1.3 Deliver to Pledgee such other certificatesoxxxx xxrtificates, forms and other instruments as Pledgee may request in connection with such pledge. 4.2 Pledgor agrees that such additional securities shall constitute a portion of the Collateral and be subject to this Pledge Agreement in the same manner and to the same extent as the securities pledged hereby to Pledgee on the date hereof.

Appears in 1 contract

Samples: Term Note (Wintrust Financial Corp)

Stock Splits, Stock Dividends, etc. 4.1 Pledgor agrees In the event that if Pledgor, by virtue of Pledgor's ownership of the CollateralCollateral now is, Pledgor becomes or hereafter becomes, entitled (with or without additional consideration) to other or additional securities as the result of any corporate reorganization, merger, merger or consolidation, stock split, stock dividend, conversion or preemptive right or otherwise, such Pledgor shall: 4.1.1 Cause the issuer of such additional securities Issuer thereof to deliver to Pledgee the certificates evidencing PledgorXxxxxxx's ownership thereof and hereby authorizes and empowers Pledgee to demand the same from such issuerinsurer, and agrees if such certificates are delivered to Pledgor, to take possession thereof in trust for Pledgee and forthwith deliver the same to Pledgee; 4.1.2 Deliver to Pledgee a stock power transfer form with respect to such securities, executed in blank by PledgorXxxxxxx and on which shall be endorsed the guarantee by a banking association acceptable to Pledgee, that the signature on such form is genuine; 4.1.3 Deliver to Pledgee a certificate, executed by Xxxxxxx and dated the date of such pledge, as to the truth and correctness on such date of the warranties set forth in Subsection 2.3 hereof; and 4.1.4 Deliver to Pledgee such other certificates, forms and other instruments as Pledgee may request in connection with such pledge. 4.2 Pledgor agrees that such additional securities shall constitute a portion of the Collateral and be subject to this Stock Pledge and Security Agreement in the same manner and to the same extent as the securities pledged hereby to Pledgee on the date hereof.

Appears in 1 contract

Samples: Loan and Security Agreement, Stock Purchase Plan, Promissory Note, Credit Note, Guaranty, Asset Purchase Agreement (PHC Inc /Ma/)

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