Common use of Subsequently Acquired Securities Clause in Contracts

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 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, 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) 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 B hereto describing such Securities and certifying that the same has been duly pledged with the Pledgee hereunder.

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 Notes and accompanied by undated stock powers duly executed in blank by in the Pledgor (and accompanied by any transfer tax stamps required in connection with the pledge case of such Securities) 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 B hereto describing such Securities and certifying that the same has have been duly pledged with the Pledgee hereunder.

Subsequently Acquired Securities. If the 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 promissory notes and accompanied by undated stock 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, with signatures appropriately guaranteed to the extent required) in the case of capital 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 of the such Pledgor in the form attached as Annex B hereto describing such Securities and certifying that the same has have been duly pledged with the Pledgee hereunder.