Common use of Subsequent Delivery of Collateral Clause in Contracts

Subsequent Delivery of Collateral. If any Pledgor shall become entitled to receive or shall receive any securities or other property in respect of the Pledged Securities (whether as an addition to, in substitution of, or in exchange for, such Pledged Securities or otherwise), such Pledgor agrees to deliver to the Agent such securities or other property, including, without limitation, shares of Pledged Securities or instruments representing Pledged Interests acquired after the Closing Date, or any options, warrants, rights or other similar property or certificates representing a stock dividend, or any distribution in connection with any recapitalization, reclassification or increase or reduction of capital, or issued in connection with any reorganization of the Pledgor or any Subsidiary of the Pledgor but excluding dividends and interest permitted to be retained by the Pledgor under Section 5 hereof: (a) to accept the same as the agent of the Purchasers; (b) to hold the same in trust on behalf of and for the benefit of the Purchasers; and (c) to deliver any and all certificates or instruments evidencing the same to the Agent on or before the close of business on the fifth (5th) Business Day following the receipt thereof by such Pledgor, in the exact form received together with the Necessary Endorsements, to be held by the Agent subject to the terms of this Agreement, as additional Collateral.

Subsequent Delivery of Collateral. If any the Pledgor shall become entitled to receive or shall receive any securities or other property in respect of the Pledged Securities (whether as an addition to, in substitution of, or in exchange for, such Pledged Securities or otherwise), such Pledgor agrees to deliver to the Agent such securities or other property, including, without limitation, shares of Pledged Securities or instruments representing Pledged Interests acquired after the Closing DateDate (including, without limitation, stock in York Cable Television, Inc.), or any options, warrants, rights or other similar property or certificates representing a stock dividend, or any distribution in connection with any recapitalization, reclassification or increase or reduction of capital, or issued in connection with any reorganization of the Pledgor Borrower or any Subsidiary of the Pledgor Subsidiary, but excluding dividends and interest permitted to be retained by under Section 6) in respect of the Pledged Securities (whether as an addition to, in substitution of, or in exchange for, such Pledged Securities or otherwise), the Pledgor under Section 5 hereofagrees: (ai) to accept the same as the agent of the Purchasers;Agent, (bii) to hold the same in trust on behalf of and for the benefit of the Purchasers; Agent, and (ciii) to deliver any and all certificates or instruments evidencing the same to the Agent on or before the close of business on the fifth seventh (5th7th) Business Day following the receipt thereof by such the Pledgor, in the exact form received together with the Necessary Endorsements, to be held by the Agent subject to the terms of this Lenfxxx Xxxdge Agreement, as additional Collateral.

Subsequent Delivery of Collateral. If any the Pledgor shall become entitled to receive or shall receive any securities or other property in respect of the Pledged Securities (whether as an addition to, in substitution of, or in exchange for, such Pledged Securities or otherwise), such Pledgor agrees to deliver to the Agent such securities or other property, including, without limitation, shares of Pledged Securities or instruments representing Pledged Interests acquired after the Closing DateDate (including, without limitation, stock in York Cable Television, Inc.), or any options, warrants, rights or other similar property or certificates representing a stock dividend, or any distribution in connection with any recapitalization, reclassification or increase or reduction of capital, or issued in connection with any reorganization of the Pledgor Borrower or any Subsidiary of the Pledgor Subsidiary, but excluding dividends and interest permitted to be retained by under Section 6) in respect of the Pledged Securities (whether as an addition to, in substitution of, or in exchange for, such Pledged Securities or otherwise), the Pledgor under Section 5 hereofagrees: (ai) to accept the same as the agent of the Purchasers;Agent, (bii) to hold the same in trust on behalf of and for the benefit of the Purchasers; Agent, and (ciii) to deliver any and all certificates or instruments evidencing the same to the Agent on or before the close of business on the fifth seventh (5th7th) Business Day following the receipt thereof by such the Pledgor, in the exact form received together with the Necessary Endorsements, to be held by the Agent subject to the terms of this Xxxxxxx Pledge Agreement, as additional Collateral.