Common use of Transfer of Pledged Securities Clause in Contracts

Transfer of Pledged Securities. All certificates and instruments representing or evidencing the Pledged Certificated Stock shall be delivered to the Administrative Agent or a Person designated by the Administrative Agent in accordance with the terms of the Credit Agreement and shall be held pursuant hereto by the Administrative Agent or a Person designated by the Administrative Agent and, in the case of an instrument or certificate in registered form, shall be duly indorsed to the Administrative Agent or in blank by an effective endorsement (whether on the certificate or instrument or on a separate writing), and accompanied by any required transfer tax stamps to effect the pledge of the Pledged Securities to the Administrative Agent. Notwithstanding the preceding sentence, all Pledged Certificated Stock must be delivered or transferred in such manner, and each Grantor shall take all such further action as may be reasonably requested by the Administrative Agent, as to permit the Administrative Agent to be a “protected purchaser” to the extent of its security interest as provided in Section 8-303 of the UCC.

Transfer of Pledged Securities. All In accordance with Section 9.19 of this Agreement and the terms of the Intercreditor Agreement, all certificates and instruments representing or evidencing the Pledged Certificated Stock Securities shall be delivered to and held pursuant hereto by the Administrative Control Agent (for the ratable benefit of the Secured Parties), or a Person designated by the Administrative Agent in accordance with the terms of the Credit Agreement and shall be held pursuant hereto by the Administrative Agent or a Person designated by the Administrative Control Agent and, in the case of an instrument or certificate in registered form, shall be duly indorsed to the Administrative Agent or in blank by an effective endorsement (whether on the certificate or instrument or on a separate writing), and accompanied by any required transfer tax stamps to effect the pledge of the Pledged Securities to the Administrative AgentControl Agent (for the ratable benefit of the Secured Parties). Notwithstanding the preceding sentence, all Pledged Certificated Stock Securities must be delivered or transferred in such manner, and each Grantor shall take all such further action as necessary or as may be reasonably requested by the Administrative Collateral Agent, as to permit the Administrative Agent Control Agent, on behalf of the Secured Parties, to be a “protected purchaser” to the extent of its security interest as provided in Section 8-303 of the UCCUCC (if the Collateral Agent otherwise qualifies as a protected purchaser).

Transfer of Pledged Securities. All certificates and instruments representing or evidencing the Pledged Certificated Stock shall be delivered to the Administrative Collateral Agent or a Person designated by the Administrative Collateral Agent in accordance with the terms of the Credit Note Purchase Agreement and shall be held pursuant hereto by the Administrative Collateral Agent or a Person designated by the Administrative Collateral Agent and, in the case of an instrument or certificate in registered form, shall be duly indorsed to the Administrative Collateral Agent or in blank by an effective endorsement (whether on the certificate or instrument or on a separate writing), and accompanied by any required transfer tax stamps to effect the pledge of the Pledged Securities to the Administrative Collateral Agent. Notwithstanding the preceding sentence, all Pledged Certificated Stock must be delivered or transferred in such manner, and each Grantor shall take all such further action as may be reasonably requested by the Administrative Agent, as is necessary to permit the Administrative Collateral Agent to be a “protected purchaser” to the extent of its security interest as provided in Section 8-303 of the UCC.

Transfer of Pledged Securities. All Upon the termination of all loans and commitments under the Senior Revolving Credit Documents, all certificates and instruments instruments, if any, representing or evidencing the Pledged Certificated Stock Securities shall be delivered to the Administrative Agent or a Person designated by the Administrative Agent in accordance with the terms of the Credit Agreement and shall be held pursuant hereto by the Administrative Agent or a Person designated by the Administrative Agent and, in the case of an instrument or certificate in registered form, shall be duly indorsed to the Administrative Agent or in blank by an effective endorsement (whether on the certificate or instrument or on a separate writing), and accompanied by any required transfer tax stamps to effect the pledge of the Pledged Securities to the Administrative Agent. Notwithstanding the preceding sentence, all Pledged Certificated Stock Securities must be delivered or transferred in such manner, and each Grantor shall take all such further action as may be reasonably requested by the Administrative Agent, as to permit the Administrative Agent to be a “protected purchaser” to the extent of its security interest as provided in Section 8-303 of the UCCUCC (if the Administrative Agent otherwise qualifies as a protected purchaser).