Common use of Subsequently Acquired Securities Clause in Contracts

Subsequently Acquired Securities. to time after the date hereof, the Pledgor will promptly thereafter pledge and deposit such Securities (or certificates or instruments representing such Securities) as security with the Pledgee and deliver to the Pledgee certificates therefor or instruments thereof, duly endorsed in blank in the case of such Notes, accompanied by undated stock powers duly executed in blank by the Pledgor (and accompanied by any transfer tax stamps required in connection with the pledge of such Securities) in the case of such Stock, or such other instruments of transfer as are reasonably acceptable to the Pledgee, and accompanied by a certificate executed by a principal executive officer of the Pledgor in the form attached as Annex C hereto describing such Securities and certifying that the same has been duly pledged with the Pledgee hereunder. Except as otherwise provided in the last sentence of Section 2 hereof, the Pledgor shall not be required at any time to pledge hereunder any Stock which is more than 65% of the total combined voting power of all classes of capital stock of any Foreign Subsidiary owned by the Pledgor.

Subsequently Acquired Securities. If any Pledgor shall acquire (by purchase, stock dividend or otherwise) any additional Securities at any time or from time to time after the date hereof, the such Pledgor will promptly thereafter forthwith pledge and deposit such Securities (or certificates or instruments representing such Securities) as security with the Pledgee and deliver to the Pledgee certificates therefor or instruments thereof, duly endorsed in blank in the case of such Notes, Notes and accompanied by undated stock powers duly executed in blank by the Pledgor (and accompanied by any transfer tax stamps required in connection with the pledge of such Securities) in the case of such Stock, or such other instruments of transfer as are reasonably acceptable to the Pledgee, and accompanied by will promptly thereafter deliver to the Pledgee a certificate executed by a principal executive officer any Authorized Officer of the such Pledgor in the form attached as Annex C hereto describing such Securities and certifying that the same has have been duly pledged with the Pledgee hereunder. Except as otherwise provided in Subject to the last sentence of Section 2 hereof, the no Pledgor shall not be required at any time to pledge hereunder any Stock which is more than 65% of the total combined voting power of all classes of capital stock of any Foreign Subsidiary owned by the PledgorCorporation entitled to vote.

Subsequently Acquired Securities. If any Pledgor shall acquire (by purchase, stock dividend or otherwise) any additional Securities at any time or from time to time after the date hereof, the such Pledgor will promptly thereafter forthwith pledge and deposit such Securities (or certificates or instruments representing such Securities) as security with the Pledgee and deliver to the Pledgee certificates therefor or instruments thereof, duly endorsed in blank in the case of such Notes, Notes and accompanied by undated stock powers duly executed in blank by the Pledgor (and accompanied by any transfer tax stamps required in connection with the pledge of such Securities) in the case of such Stock, or such other instruments of transfer as are reasonably acceptable to the Pledgee, and accompanied by will promptly thereafter deliver to the Pledgee a certificate executed by a principal executive any authorized officer of the such Pledgor in the form attached as Annex C hereto describing such Securities and certifying that the same has have been duly pledged with the Pledgee hereunder. Except as otherwise provided in Subject to the last sentence of Section 2 hereof, the no Pledgor shall not be required at any time to pledge hereunder (i) any Stock which is more than 6566% of the total combined voting power of all classes of capital stock of any Foreign Subsidiary owned Corporation entitled to vote or (y) any Notes issued by the Pledgorany Foreign Subsidiary.

Subsequently Acquired Securities. wise) any additional Securities at any time or from time to time after the date hereof, the Pledgor will promptly thereafter forthwith pledge and deposit such Securities (or certificates or instruments representing such Securities) as security with the Pledgee and deliver to the Pledgee certificates therefor or instruments thereof, duly endorsed in blank in the case of such Notes, promissory notes and accompanied by undated stock powers duly executed in blank by the Pledgor (and accompanied by any transfer tax stamps required in connection with the pledge of such Securities) in the case of such Stockcapital stock, or such other instruments of transfer as are reasonably acceptable to the Pledgee, and accompanied by will promptly thereafter deliver to the Pledgee a certificate executed by any of the Chairman of the Board, the President, a principal executive officer Vice Chairman, the Vice President-Finance or the Treasurer of the Pledgor in the form attached as Annex C hereto describing such Securities and certifying that the same has have been duly pledged with the Pledgee hereunder. Except as otherwise ; provided in the last sentence of Section 2 hereof, that the Pledgor shall not be required at any time to pledge hereunder any Stock which is more than 65% of the total combined voting power aggregate amount of all classes issued and outstanding shares of capital stock at any time owned by the Pledgor of any Foreign Subsidiary owned by the PledgorCorporation.

Subsequently Acquired Securities. If any Pledgor shall acquire (by purchase, stock dividend, distribution or otherwise) any additional Securities at any time or from time to time after the date hereof, the such Pledgor will promptly thereafter pledge and deposit such Securities (or certificates or instruments representing such Securities) as security with the Pledgee and deliver to the Pledgee certificates therefor or instruments thereoftherefor, duly endorsed in blank blank, in the case of such Notes, and accompanied by undated stock or other powers duly executed in blank by the such Pledgor (and accompanied by any transfer tax stamps required in connection with the pledge of such Securities) in the case of such Stock, or such other instruments of transfer as are reasonably acceptable to the Pledgee, in the case of other Securities, and accompanied by will promptly thereafter deliver to the Pledgee a certificate executed by a principal executive officer of the such Pledgor in the form attached as Annex C hereto describing such Securities and certifying that the same has been duly pledged with the Pledgee hereunder. Except as otherwise provided in the last sentence of Section 2 hereof, the No Pledgor shall not be required at any time to pledge hereunder any Stock Securities which is represents more than 65% of the total combined voting power of all classes of capital stock or other equity interests of any Foreign Subsidiary owned by entitled to vote except to the Pledgorextent provided in the last sentence of Section 2(a) of this Agreement.

Subsequently Acquired Securities. If any Pledgor shall acquire (by purchase, stock dividend or otherwise) any additional Securities at any time or from time to time after the date hereof, the such Pledgor will promptly thereafter forthwith pledge and deposit such Securities (or certificates or instruments representing such Securities) as security with the Pledgee and deliver to the Pledgee certificates therefor or instruments thereof, duly endorsed in blank in the case of such Notes, Notes and accompanied by undated stock powers duly executed in blank by the Pledgor (and accompanied by any transfer tax stamps required in connection with the pledge of such Securities) in the case of such Stock, or such other instruments of transfer as are reasonably acceptable to the Pledgee, and accompanied by will promptly thereafter deliver to the Pledgee a certificate executed by a principal executive officer any of the Chairman of the Board, the Chief Financial Officer, the President, a Vice Chairman, any Vice President or the Treasurer of such Pledgor in the form attached as Annex C hereto describing such Securities and certifying that the same has have been duly pledged with the Pledgee hereunder. Except as otherwise provided in Subject to the last sentence of Section 2 hereof, the no Pledgor shall not be required at any time to pledge hereunder any Stock which is more than 65% of the total combined voting power of all classes of capital stock of any Foreign Subsidiary owned by the PledgorCorporation entitled to vote.

Subsequently Acquired Securities. If any Pledgor shall acquire (by -------------------------------- purchase, stock dividend or otherwise) any additional Securities at any time or from time to time after the date hereof, the such Pledgor will promptly thereafter forthwith pledge and deposit such Securities (or certificates or instruments representing such Securities) as security with the Pledgee and deliver to the Pledgee certificates therefor or instruments thereof, duly endorsed in blank in the case of such Notes, Notes and accompanied by undated stock powers duly executed in blank by the Pledgor (and accompanied by any transfer tax stamps required in connection with the pledge of such Securities) in the case of such Stock, or such other instruments of transfer as are reasonably acceptable to the Pledgee, and accompanied by will promptly thereafter deliver to the Pledgee a certificate executed by a principal executive officer any Authorized Officer of the such Pledgor in the form attached as Annex C hereto describing such Securities and certifying that the same has have been duly pledged with the Pledgee hereunder. Except as otherwise provided in Subject to the last sentence of Section 2 hereof, the no Pledgor shall not be required at any time to pledge hereunder (x) any Stock which is more than 65% of the total combined voting power of all classes of capital stock of any Foreign Corporation entitled to vote or (y) any promissory notes (including Intercompany Notes) issued to such Pledgor by any Subsidiary owned by the Pledgorof such Pledgor which is a Foreign Corporation.

Subsequently Acquired Securities. If any Pledgor shall acquire -------------------------------- (by purchase, stock dividend or otherwise) any additional Securities at any time or from time to time after the date hereof, the such Pledgor will promptly thereafter forthwith pledge and deposit such Securities (or certificates or instruments representing such Securities) as security with the Pledgee and deliver to the Pledgee certificates therefor or instruments thereof, duly endorsed in blank in the case of such Notes, Notes and accompanied by undated stock powers duly executed in blank by the Pledgor (and accompanied by any transfer tax stamps required in connection with the pledge of such Securities) in the case of such Stock, or such other instruments of transfer as are reasonably acceptable to the Pledgee, and accompanied by will promptly thereafter deliver to the Pledgee a certificate executed by a principal executive officer any Responsible Officer of the such Pledgor in the form attached as Annex C hereto describing such Securities and certifying that the same has have been duly pledged with the Pledgee hereunder. Except as otherwise provided in Subject to the last sentence of Section 2 hereof, the no Pledgor shall not be required at any time to pledge hereunder (x) any Stock which is more than 65% of the total combined voting power of all classes of capital stock of any Foreign Corporation entitled to vote or (y) any promissory notes (including Intercompany Notes) issued to such Pledgor by any Subsidiary owned by the Pledgorof such Pledgor which is a Foreign Corporation.

Subsequently Acquired Securities. If any Pledgor shall acquire (by purchase, stock dividend, distribution or otherwise) any additional Securities at any time or from time to time after the date hereof, the such Pledgor will promptly thereafter pledge and deposit such Securities (or certificates or instruments representing such Securities) as security with the Pledgee and deliver to the Pledgee certificates therefor or instruments thereoftherefor, duly endorsed in blank blank, in the case of such Notes, and accompanied by undated stock or other powers duly executed in blank by the Pledgor (and accompanied by any transfer tax stamps required in connection with the pledge of such Securities) Pledgor, in the case of such Stockother Securities, or such other instruments of transfer as are reasonably acceptable and will promptly thereafter deliver to the Pledgee, and accompanied by Pledgee a certificate executed by a principal executive officer of the such Pledgor in the form attached as Annex C hereto describing such Securities and certifying certi fying that the same has been duly pledged with the Pledgee hereunder. Except as otherwise provided in the last sentence of Section 2 hereof, the No Pledgor shall not be required at any time to pledge hereunder any Stock Securities which is represents more than 65% of the total combined voting power of all classes of capital stock or other equity interests of any Foreign Subsidiary owned by entitled to vote except to the Pledgorextent provided in the last sentence of Section 2(a) of this Agreement.

Subsequently Acquired Securities. If any Pledgor shall acquire -------------------------------- (by purchase, stock dividend or otherwise) any additional Securities at any time or from time to time after the date hereof, the such Pledgor will promptly thereafter forthwith pledge and deposit such Securities (or certificates or instruments representing such Securities) as security with the Pledgee and deliver to the Pledgee certificates therefor or instruments thereof, duly endorsed in blank in the case of such Notes, Notes and accompanied by undated stock powers duly executed in blank by the Pledgor (and accompanied by any transfer tax stamps required in connection with the pledge of such Securities) in the case of such Stock, or such other instruments of transfer as are reasonably acceptable to the Pledgee, and accompanied by will promptly thereafter deliver to the Pledgee a certificate executed by a principal executive officer any Authorized Officer of the such Pledgor in the form attached as Annex C hereto describing such Securities and certifying that the same has have been duly pledged with the Pledgee hereunder. Except as otherwise provided in Subject to the last sentence of Section 2 hereof, the no Pledgor shall not be required at any time to pledge hereunder any Stock which is more than 65% of the total combined voting power of all classes of capital stock of any Foreign Subsidiary owned by the PledgorCorporation entitled to vote.

Subsequently Acquired Securities. If any Pledgor shall acquire (by purchase, stock dividend or otherwise) any additional Securities at any time or from time to time after the date hereof, the such Pledgor will promptly thereafter forthwith pledge and deposit such Securities (or certificates or instruments representing such Securities) as security with the Pledgee and deliver to the Pledgee certificates therefor or instruments thereof, duly endorsed in blank in the case of such Notes, Notes and accompanied by undated stock powers duly executed in blank by the Pledgor (and accompanied by any transfer tax stamps required in connection with the pledge of such Securities) in the case of such Stock, Limited Liability Company Interests or Partnership Interests or such other instruments of transfer as are reasonably acceptable to the Pledgee, and accompanied by will promptly thereafter deliver to the Pledgee a certificate executed by a principal executive officer any Authorized Officer of the such Pledgor in the form attached as Annex C hereto describing such Securities and certifying that the same has have been duly pledged with the Pledgee hereunder. Except as otherwise provided in Subject to the last sentence of Section 2 hereof, the Pledgor shall not be required at any time to pledge hereunder any of Voting Stock which is more than 65% of the total combined voting power of all classes of capital stock of any Foreign Subsidiary owned by Corporation shall be subject to the Pledgorprovisions of part (A) of the proviso to clause (i)(y) of Section 2 hereof.

Subsequently Acquired Securities. If any Pledgor shall acquire (by purchase, stock dividend, distribution or otherwise) any additional Securities at any time or from time to time after the date hereof, the such Pledgor will promptly thereafter pledge and deposit such Securities (or certificates or instruments representing such Securities) as security with the Pledgee and deliver to the Pledgee certificates therefor or instruments thereoftherefor, duly endorsed in blank blank, in the case of such Notes, and accompanied by undated stock or other powers duly executed in blank by the Pledgor (and accompanied by any transfer tax stamps required in connection with the pledge of such Securities) Pledgor, in the case of such Stockother Securities, or such other instruments of transfer as are reasonably acceptable and will promptly thereafter deliver to the Pledgee, and accompanied by Pledgee a certificate executed by a principal executive officer of the such Pledgor in the form attached as Annex C hereto describing such Securities and certifying that the same has been duly pledged with the Pledgee hereunder. Except as otherwise provided in the last sentence of Section 2 hereof, the No Pledgor shall not be required at any time to pledge hereunder any Stock Securities which is represents more than 65% of the total combined voting power of all classes of capital stock or other equity interests of any Foreign Subsidiary owned by entitled to vote except to the Pledgorextent provided in the last sentence of Section 2(a) of this Agreement.

Subsequently Acquired Securities. If any Pledgor shall acquire (by purchase, stock dividend or otherwise) any additional Securities at any time or from time to time after the date hereof, the such Pledgor will promptly thereafter forthwith pledge and deposit such Securities (or certificates or instruments representing such Securities) as security with the Pledgee and deliver to the Pledgee certificates therefor or instruments thereof, duly endorsed in blank in the case of such Notes, Notes and accompanied by undated stock powers duly executed in blank by the Pledgor (and accompanied by any transfer tax stamps required in connection with the pledge of such Securities) in the case of such Stock, or such other instruments of transfer as are reasonably acceptable to the Pledgee, and accompanied by will promptly thereafter deliver to the Pledgee a certificate executed by a principal executive officer any Responsible Officer of the such Pledgor in the form attached as Annex C hereto describing such Securities and certifying that the same has have been duly pledged with the Pledgee hereunder. Except as otherwise provided in Subject to the last sentence of Section 2 hereof, the no Pledgor shall not be required at any time to pledge hereunder (x) any Stock which is more than 65% of the total combined voting power of all classes of capital stock of any Foreign Corporation entitled to vote or (y) any promissory notes (including Intercompany Notes) issued to such Pledgor by any Subsidiary owned by the Pledgorof such Pledgor which is a Foreign Corporation.

Subsequently Acquired Securities. If the Pledgor shall acquire (by purchase, stock dividend or otherwise) any additional Securities at any time or from time to time after the date hereof, the Pledgor will promptly thereafter forthwith pledge and deposit such Securities (or certificates or instruments representing such Securities) as security with the Pledgee and deliver to the Pledgee certificates therefor or instruments thereof, duly endorsed in blank in the case of such Notes, Notes and accompanied by undated stock powers duly executed in blank by the Pledgor (and accompanied by any transfer tax stamps required in connection with the pledge of such Securities) in the case of such Stock, or such other instruments of transfer as are reasonably acceptable to the Pledgee, and accompanied by will promptly thereafter deliver to the Pledgee a certificate executed by a principal executive any authorized officer of the Pledgor in the form attached as Annex C hereto describing such Securities and certifying that the same has have been duly pledged with the Pledgee hereunder. Except as otherwise provided Such additional Securities shall be deemed to be held in trust for the last sentence of Section 2 hereof, the Pledgor shall not be required at any time to pledge hereunder any Stock which is more than 65% benefit of the total combined voting power of all classes of capital stock of any Foreign Subsidiary owned by the PledgorPledgee and subject hereto until so delivered.