Examples of Additional Pledged Stock in a sentence
The Borrower agrees to deliver, if necessary or appropriate, additional undated stock powers duly executed in blank for the Pledged Stock and to take such additional action as is required from time to time to perfect the Company's security interest in the Pledged Stock, the Additional Pledged Stock and the Options.
Upon the occurrence of a Default, all voting and other consensual rights of the Borrower in the Pledged Stock and the Additional Pledged Stock shall cease and may be exercised by the Company.
Pledge Agreement) purchased by Acquisition Corp., together with the stock certificates representing such Additional Pledged Stock and appropriate undated stock powers duly executed in blank for each such stock certificate.
Pledge Agreement (a "Pledge Agreement Supplement"), covering any Additional Pledged Stock (as defined in the Acquisition Corp.
The Pledgor hereby authorizes the Administrative Agent to attach each Appendix Regarding Additional Pledged Stock to this Agreement and agrees that all Capital Stock listed thereon shall for all purposes hereunder constitute Pledged Collateral.