Uncertificated Securities. With respect to any Collateral that constitutes a security and is not represented or evidence by a certificate or instrument, such Pledgor shall cause the Issuer thereof either (i) to register the Pledgee as the registered owner of such security or (ii) to agree in writing with the Pledgee and such Pledgor that such Issuer will comply with the instructions with respect to such security originated by the Pledgee without further consent of such Pledgor.
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Samples: Credit Agreement (Morgans Hotel Group Co.), Credit Agreement (Ashford Hospitality Trust Inc), Pledge Agreement (Baycorp Holdings LTD)
Uncertificated Securities. With respect to any Collateral that constitutes a security and is not represented or evidence by a certificate or instrument, such the Pledgor shall cause the Issuer thereof either (i) to register the Pledgee as the registered owner of such security or (ii) to agree in writing with the Pledgee and such the Pledgor that such Issuer will comply with the instructions with respect to such security originated by the Pledgee without further consent of such the Pledgor.
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Uncertificated Securities. With respect to any Pledged Collateral that constitutes a security and is not represented or evidence evidenced by a certificate or instrument, such the Pledgor shall cause the Issuer issuer thereof either (i) to register the Pledgee as the registered owner of such security or (ii) to agree in writing with the Pledgee and such the Pledgor that such Issuer issuer will comply with the instructions with respect to such security originated by the Pledgee without further consent of such the Pledgor.
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Samples: Credit Agreement (RMR Asia Pacific Real Estate Fund)
Uncertificated Securities. With respect to any Collateral that constitutes a security and is not represented or evidence evidenced by a certificate or instrument, such Pledgor shall cause the Issuer thereof either (i) to register the Pledgee as the registered owner of such security or (ii) to agree in writing with the Pledgee and such Pledgor that such Issuer will comply with the instructions with respect to such security originated by the Pledgee without further consent of such Pledgor.
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