Common use of Additional Pledged Collateral Clause in Contracts

Additional Pledged Collateral. Subject to the percentage restrictions described in Section 2(a) above, if the Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) certificate, including any certificate representing a dividend or distribution in connection with any increase or reduction of capital, reclassification, merger, consolidation, sale of assets, combination of shares or membership or equity interests, stock splits, spin-off or split-off, promissory notes or other instrument; (ii) warrant, option or other right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in securities; or (iv) distributions of securities or other equity interests in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then Pledgor shall forthwith deliver all of the foregoing to the Administrative Agent to hold as Pledged Collateral and shall, if received by the Pledgor, be received in trust for the benefit of the Administrative Agent, be segregated from the other property or funds of the Pledgor, and be forthwith delivered to the Administrative Agent as Pledged Collateral in the same form as so received, together with duly executed instruments of transfer or assignment satisfactory to the Administrative Agent, as further collateral security for the Secured Obligations.

Additional Pledged Collateral. Subject to the percentage restrictions described in Section 2(a) above, if If the Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) certificate, including any certificate representing a dividend or distribution in connection with any increase or reduction of capital, reclassification, merger, consolidation, sale of assets, combination of shares or membership or equity interests, stock splits, spin-off or split-off, promissory notes or other instrument; (ii) warrant, option or other right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in securities; or (iv) distributions of securities or other equity interests in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then the Pledgor shall forthwith deliver all of the foregoing to the Administrative Agent Pledgee to hold as Pledged Collateral and shall, if received by the Pledgor, be received in trust for the benefit of the Administrative AgentPledgee, be segregated from the other property or funds of the Pledgor, and be forthwith delivered to the Administrative Agent Pledgee as Pledged Collateral in the same form as so received, together with duly executed instruments of transfer or assignment satisfactory to the Administrative AgentPledgee, as further collateral security for the Secured Obligations.

Additional Pledged Collateral. Subject to the percentage restrictions described in Section 2(a) above, if the Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) certificate, including any certificate representing a dividend or distribution in connection with any increase or reduction of capital, reclassification, merger, consolidation, sale of assets, combination of shares or membership or equity interests, stock splits, spin-off or split-off, promissory notes or other instrument; (ii) warrant, option or other right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in securities; or (iv) distributions of securities or other equity interests in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-paid in surplus, then Pledgor shall forthwith deliver all of the foregoing to the Administrative Agent Pledgee to hold as Pledged Collateral and shall, if received by the Pledgor, be received in trust for the benefit of the Administrative AgentPledgee, be segregated from the other property or funds of the Pledgor, and be forthwith delivered to the Administrative Agent Pledgee as Pledged Collateral in the same form as so received, together with duly executed instruments of transfer or assignment satisfactory to the Administrative AgentPledgee, as further collateral security for the Secured Obligations.

Additional Pledged Collateral. Subject to the percentage restrictions described in Section 2(a3(a) above, if the Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) certificate, including any certificate representing a dividend or distribution in connection with any increase or reduction of capital, reclassification, merger, consolidation, sale of assets, combination of shares or membership or equity interests, stock splits, spin-off or split-off, promissory notes or other instrument; (ii) warrant, option or other right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in securities; or (iv) distributions of securities or other equity interests in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-paid in surplus, then Pledgor shall forthwith deliver all of the foregoing to the Administrative Agent Pledgee to hold as Pledged Collateral and shall, if received by the Pledgor, be received in trust for the benefit of the Administrative AgentPledgee, be segregated from the other property or funds of the Pledgor, and be forthwith delivered to the Administrative Agent Pledgee as Pledged Collateral in the same form as so received, together with duly executed instruments of transfer or assignment satisfactory to the Administrative AgentPledgee, as further collateral security for the Secured Obligations.