Uncertificated Stock. Notwithstanding anything to the contrary contained in Sections 3.1 and 3.2, if any Stock (whether now owned or hereafter acquired) are uncertificated securities, the Pledgor shall promptly notify the Pledgee thereof, and shall promptly take all actions required to perfect the security interest of the Pledgee under applicable law (including, in any event, under Sections 8-313 and 8-321 of the New York Uniform Commercial Code if applicable). The Pledgor further agrees to take such actions as the Pledgee deems necessary or desirable to effect the foregoing and to permit the Pledgee to exercise any of its rights and remedies hereunder, and agrees to provide an opinion of counsel reasonably satisfactory to the Pledgee with respect to any such pledge of uncertificated Stock promptly upon request of the Pledgee.
Uncertificated Stock. All shares of the corporation’s common stock shall be uncertificated.
Uncertificated Stock. To the extent that the Pledged Interests or other Collateral are uncertificated securities, Pledgor agrees to take all actions required to perfect the security interest of the Company in such Collateral under applicable law. The Pledgor further agrees to take such actions as the Company deems necessary or desirable to effect the foregoing and to permit the Company to exercise any of its rights and remedies hereunder.
Uncertificated Stock. Notwithstanding anything to the contrary contained in Section 3.1, if any Pledged Share (whether now owned or hereafter acquired) is evidenced by an uncertificated security, the Pledgor shall promptly notify the Collateral Agent thereof and shall promptly take all actions required to perfect the security interest of the Collateral Agent under applicable law (including under the Uniform Commercial Code as adopted in any appropriate jurisdiction). The Pledgor further agrees to take such actions as the Collateral Agent deems necessary or desirable to effect the foregoing and to permit the Collateral Agent to exercise any of its rights and remedies hereunder, and agrees to provide an opinion of counsel reasonably satisfactory to the Collateral Agent with respect to any such pledge of uncertificated Pledged Shares promptly upon written request of the Collateral Agent.
Uncertificated Stock. Notwithstanding anything to the contrary contained in Sections 3.1 and 3.2, if any Stock (whether now owned or hereafter acquired) is evidenced by an uncertificated security, the Pledgor shall promptly notify the Pledgee thereof and shall promptly take all actions required to perfect the security interest of the Pledgee under applicable law. The Pledgor further agrees to take such actions as the Pledgee deems necessary or desirable to effect the foregoing and to permit the Pledgee to exercise any of its rights and remedies hereunder, and agrees to provide opinions of counsel satisfactory to the Pledgee with respect to any such pledge of uncertificated Stock promptly upon request of the Pledgee.
Uncertificated Stock. In the event that any portion of the Stock is issued without certificates pursuant to section 2-210 of the Maryland General Corporation Law (the "MGCL") and as may be permitted under Section 2(f) above, at the time of issue of such Stock the Company shall send, or cause to be sent, to the shareholder a written statement of the information required on certificates by section 2-211 of the MGCL, and shall otherwise maintain full compliance with sections 2-210 and 2-211 of the MGCL.
Uncertificated Stock. Notwithstanding anything to the contrary contained in Sections 3.1 and 3.2, if any Stock (whether now owned or hereafter acquired) is evidenced by an uncertificated security, the Pledgor shall promptly notify the Security Trustee thereof and shall promptly take all actions required to perfect the security created hereby in favour of the Security Trustee under applicable law. The Pledgor further agrees to take such actions as the Security Trustee deems necessary or desirable to effect the foregoing and to permit the Security Trustee to exercise any of its rights and remedies hereunder, and agrees to provide an opinion of counsel satisfactory to the Security Trustee with respect to any such pledge of uncertificated Stock promptly upon request of the Security Trustee.
Uncertificated Stock. 2 3.4 Definitions of Pledged Stock and Collateral. . . . . . . . . 2
Uncertificated Stock. Notwithstanding anything to the contrary contained in Section 3.1, if any Pledged Share (whether now owned or hereafter acquired) is evidenced by an uncertificated security, the Pledgor shall promptly notify the Administrative Agent thereof and shall promptly take all actions required to perfect the security interest of the Administrative Agent under applicable law (including, without limitation, under the Uniform Commercial Code as adopted in any appropriate jurisdiction). The Pledgor further agrees to take such actions as the Administrative Agent deems necessary or desirable to effect the foregoing and to permit the Administrative Agent to exercise any of its rights and remedies hereunder, and agrees to provide an opinion of counsel reasonably satisfactory to the Administrative Agent with respect to any such pledge of uncertificated Pledged Shares promptly upon request of the Administrative Agent.
Uncertificated Stock. Notwithstanding anything to the contrary contained in Sections 3.1 and 3.2 above, if any Stock (whether now owned or hereafter acquired) consists of an uncertificated security, the Pledgor shall promptly notify the Agent thereof and shall promptly take all actions required to perfect the security interests of the Agent under applicable law (including, in any event, under all applicable provisions of the UCC of all relevant jurisdictions). The Pledgor further agrees to take such actions as the Agent deems necessary or desirable to effect the foregoing and to permit the Agent to exercise any of its rights and remedies hereunder, and agrees to provide an opinion of counsel in form and substance satisfactory to the Agent with respect to any such pledge of uncertificated Stock promptly upon request of the Agent.
