Common use of Transfer of Pledged Collateral Clause in Contracts

Transfer of Pledged Collateral. During the existence of an Event of Default, the Pledgee is authorized to transfer the Pledged Collateral or any part thereof into its own name or that of its nominee on the books of the Company so that the Pledgee or its nominee may appear of record as the sole owner thereof.

Appears in 3 contracts

Samples: Form of Pledge Agreement (Airgate PCS Inc /De/), Pledge Agreement (Airgate PCS Inc /De/), Intercreditor Agreement (Airgate PCS Inc /De/)

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Transfer of Pledged Collateral. During the existence of an Event ------------------------------ of Default, the Pledgee is authorized to transfer the Pledged Collateral or any part thereof into its own name or that of its nominee on the books of the Company AGW Leasing so that the Pledgee or its nominee may appear of record as the sole owner thereof.

Appears in 1 contract

Samples: Credit Agreement (Agw Leasing Co Inc)

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