Common use of Additional Securities Clause in Contracts

Additional Securities. If Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) certificate, including without limitation, 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 of Capital Stock, stock splits, spin-off or split-off, promissory notes or other instruments; (ii) option or right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in Capital Stock; or (iv) distributions of Capital Stock 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 receive such certificate, instrument, option, right or distribution in trust for the benefit of the Collateral Agent, shall segregate it from Pledgor’s other property and shall deliver it forthwith to the Collateral Agent in the exact form received accompanied by duly executed instruments of transfer or assignment in blank, in forms reasonably acceptable to the Collateral Agent, to be held by the Collateral Agent as Pledged Collateral and as further collateral security for the Secured Obligations.

Appears in 3 contracts

Samples: Pledge Agreement (Transmeridian Exploration Inc), Pledge Agreement (Transmeridian Exploration Inc), Pledge Agreement (Applied Digital Solutions Inc)

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Additional Securities. If Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) stock certificate, including without limitation, any certificate representing a stock dividend or distribution in connection with any increase or reduction of capital, reclassification, merger, consolidation, sale of assets, combination of shares of Capital Stockshares, stock splits, spin-off or split-off, promissory notes or other instrumentsinstrument; (ii) option or right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in Capital Stocksecurities; or (iv) distributions of Capital Stock or other equity interests securities in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then Pledgor shall receive such stock certificate, instrument, option, right or distribution in trust for the benefit of the Collateral AgentNoteholder, shall segregate it from Pledgor’s other property and shall deliver it forthwith to the Collateral Agent Noteholder in the exact form received accompanied by together with any necessary endorsement and/or appropriate stock power duly executed instruments of transfer or assignment in blank, blank substantially in forms reasonably acceptable to the Collateral Agentform provided in Schedule 2, to be held by the Collateral Agent Noteholder as Pledged Collateral and as further collateral security for the Secured Obligations.

Appears in 3 contracts

Samples: Employment Agreement (VIASPACE Inc.), Stock Pledge Agreement (VIASPACE Inc.), Stock Pledge Agreement (VIASPACE Green Energy Inc.)

Additional Securities. If the Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) certificate, including without limitation, 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 of Capital Stockor other equity interests, stock splits, spin-off or split-off, promissory notes or other instruments; (ii) option or right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in Capital Stocksecurities; or (iv) distributions of Capital Stock or other equity interests securities in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then the Pledgor shall receive such certificate, instrument, option, right or distribution in trust for the benefit of the Collateral Agent, shall segregate it from the Pledgor’s other property and shall deliver it forthwith to the Collateral Agent in the exact form received accompanied by together with any necessary endorsement and/or appropriate stock power duly executed instruments of transfer or assignment in blank, substantially in forms reasonably acceptable to the Collateral Agentform provided in Exhibit 4(a), to be held by the Collateral Agent as Pledged Collateral and as further collateral security for the Secured Obligations.

Appears in 3 contracts

Samples: Canadian Pledge Agreement (Armstrong World Industries Inc), Pledge Agreement (Armstrong World Industries Inc), Pledge Agreement (Armstrong World Industries Inc)

Additional Securities. If Pledgor such Obligor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) stock certificate, including without limitation, any certificate representing a stock dividend or distribution in connection with any increase or reduction of capital, reclassification, merger, consolidation, sale of assets, combination of shares of Capital Stockshares, stock splits, spin-off or split-off, promissory notes or other instrumentsinstrument; (ii) option or right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in Capital Stocksecurities; or (iv) distributions of Capital Stock or other equity interests securities in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then Pledgor such Obligor shall receive such stock certificate, instrument, option, right or distribution in trust for the benefit of the Collateral Administrative Agent, shall segregate it from Pledgor’s such Obligor's other property and shall deliver it forthwith to the Collateral Administrative Agent in the exact form received accompanied by together with any necessary endorsement and/or appropriate stock power duly executed instruments of transfer or assignment in blank, substantially in forms reasonably acceptable to the Collateral Agentform provided in Exhibit 4(a), to be held by the Collateral Administrative Agent as Pledged Collateral and as further collateral security for the Secured Obligor Obligations.

Appears in 2 contracts

Samples: Credit Agreement (Signal Medical Services), Credit Agreement (Jw Childs Equity Partners Ii Lp)

Additional Securities. If Pledgor the Obligor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) stock certificate, including without limitation, any certificate representing a stock dividend or distribution in connection with any increase or reduction of capital, reclassification, merger, consolidation, sale of assets, combination of shares of Capital Stockequity interests, stock splits, spin-off or split-off, promissory notes or other instrumentsinstrument; (ii) option or right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in Capital Stocksecurities; or (iv) distributions of Capital Stock or other equity interests securities in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then Pledgor the Obligor shall receive such stock certificate, instrument, option, right or distribution in trust for the benefit of the Collateral Agent, shall segregate it from Pledgor’s the Obligor's other property and shall deliver it forthwith to the Collateral Agent in the exact form received accompanied by together with any necessary endorsement and/or appropriate stock power duly executed instruments of transfer or assignment in blank, substantially in forms reasonably acceptable to the Collateral Agentform provided in EXHIBIT 4(a), to be held by the Collateral Agent as Pledged Collateral and as further collateral security for the Secured Obligor Obligations.

Appears in 2 contracts

Samples: Pledge Agreement (Mg Waldbaum Co), Pledge Agreement (Mg Waldbaum Co)

Additional Securities. If Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) certificate, including without limitation, 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 of Capital Stockor membership or equity interests, stock splits, spin-off or split-off, promissory notes or other instrumentsinstrument; (ii) option or right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in Capital Stocksecurities; or (iv) distributions of Capital Stock 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 receive such certificate, instrument, option, right or distribution in trust for the benefit of the Collateral AgentBank, shall segregate it from Pledgor’s other property and shall deliver it forthwith to the Collateral Agent Bank in the exact form received accompanied by together with any necessary endorsement and/or appropriate stock power duly executed instruments of transfer or assignment in blank, substantially in forms reasonably acceptable to the Collateral Agentform provided in Exhibit B, to be held by the Collateral Agent Bank as Pledged Collateral and as further collateral security for the Secured Obligations.

Appears in 2 contracts

Samples: Pledge Agreement (Argyle Security, Inc.), Pledge Agreement (Argyle Security, Inc.)

Additional Securities. If such Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) certificate, including without limitation, 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 of Capital Stockor membership or equity interests, stock splits, spin-off or split-off, promissory notes or other instrumentsinstrument; (ii) option or right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in Capital Stocksecurities; or (iv) distributions of Capital Stock 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 such Pledgor shall receive such certificate, instrument, option, right or distribution in trust for the benefit of the Collateral AgentBank, shall segregate it from such Pledgor’s other property and shall deliver it forthwith to the Collateral Agent Bank in the exact form received accompanied by together with any necessary endorsement and/or appropriate stock power duly executed instruments of transfer or assignment in blank, substantially in forms reasonably acceptable to the Collateral Agentform provided in Exhibit B, to be held by the Collateral Agent Bank as Pledged Collateral and as further collateral security for the Secured Obligations.

Appears in 2 contracts

Samples: Pledge Agreement (Argyle Security, Inc.), Pledge Agreement (Argyle Security, Inc.)

Additional Securities. If such Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) stock certificate, including without limitation, any certificate representing a stock dividend or distribution in connection with any increase or reduction of capital, reclassification, merger, consolidation, sale of assets, combination of shares of Capital Stockshares, stock splits, spin-off or split-off, promissory notes or other instrumentsinstrument; (ii) option or right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in Capital Stocksecurities; or (iv) distributions of Capital Stock or other equity interests securities in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then such Pledgor shall receive such stock certificate, instrument, option, right or distribution in trust for the benefit of the Collateral Agent, shall segregate it from such Pledgor’s other property and shall deliver it forthwith to the Collateral Agent in the exact form received accompanied by together with any necessary endorsement and/or appropriate stock power duly executed instruments of transfer or assignment in blank, substantially in forms reasonably acceptable to the Collateral Agentform provided in Exhibit 3(a), to be held by the Collateral Agent as Pledged Collateral and as further collateral security for the Secured Pledgor Obligations.

Appears in 2 contracts

Samples: Pledge Agreement (Lincare Holdings Inc), Pledge Agreement (Lincare Holdings Inc)

Additional Securities. If Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) certificate, including without limitation, any certificate representing a dividend or distribution in connection with any increase or reduction of capital, reclassification, merger, consolidation, amalgamation, sale of assets, combination of shares of Capital StockPledged Securities, stock splits, spin-off or split-off, promissory notes or other instruments; (ii) option or right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in Capital StockPledged Securities; or (iv) distributions of Capital Stock or other equity interests Pledged Securities in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then Pledgor shall receive such certificate, instrument, option, right or distribution in trust for the benefit of the Collateral AgentPledgees, shall segregate it from Pledgor’s other property and shall deliver it forthwith to the Collateral Agent on behalf of the Pledgees in the exact form received accompanied by duly executed instruments of transfer or assignment in blank, in forms reasonably acceptable to the Collateral Agent, blank to be held by the Collateral Agent as Pledged Collateral and as further collateral security for the Secured Obligations.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Origo Acquisition Corp), Stock Purchase Agreement (Hightimes Holding Corp.)

Additional Securities. If such Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) certificatestock certificate or other certificate evidencing an ownership interest, including without limitation, 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 of Capital Stockshares, stock splits, spin-off or split-off, promissory notes or other instrumentsinstrument; (ii) option or right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in Capital Stocksecurities or other certificate evidencing an ownership interest; or (iv) distributions of Capital Stock securities or other equity interests certificate evidencing an ownership interest in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then such Pledgor shall receive such security, certificate, instrument, option, right or distribution in trust for the benefit of the Collateral Agent, shall segregate it from such Pledgor’s 's other property and shall deliver it forthwith to the Collateral Agent in the exact form received accompanied by duly executed instruments of transfer or assignment in blank, in forms reasonably acceptable to the Collateral Agent, to be held by the Collateral Agent as Pledged Collateral and as further collateral security for the Secured Obligations.together with any necessary

Appears in 1 contract

Samples: Pledge Agreement (Fresh Foods Inc)

Additional Securities. If such Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) stock certificate, including without limitation, any certificate representing a stock dividend or distribution in connection with any increase or reduction of capital, reclassification, merger, consolidation, sale of assets, combination of shares of Capital Stockshares, stock splits, spin-off or split-off, promissory notes or other instrumentsinstrument; (ii) option or right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in Capital Stocksecurities; or (iv) distributions of Capital Stock or other equity interests securities in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then such Pledgor shall receive such stock certificate, instrument, option, right or distribution in trust for the benefit of the Collateral Agent, shall segregate it from such Pledgor’s 's other property and shall deliver it forthwith to the Collateral Agent in the exact form received accompanied by together with any necessary endorsement and/or appropriate stock power duly executed instruments of transfer or assignment in blank, substantially in forms reasonably acceptable to the Collateral Agentform provided in Exhibit 4(a), to be held by the Collateral Agent as Pledged Collateral and as further collateral security for the Secured Pledgor Obligations.

Appears in 1 contract

Samples: Credit Agreement (Delta Woodside Industries Inc /Sc/)

Additional Securities. If such Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) certificate, including without limitation, 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 of Capital Stockor other equity interests, stock splits, spin-off or split-off, promissory notes or other instruments; (ii) option or right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in Capital Stocksecurities; or (iv) distributions of Capital Stock or other equity interests securities in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then such Pledgor shall receive such certificate, instrument, option, right or distribution in trust for the benefit of the Collateral Administrative Agent, shall segregate it from such Pledgor’s other property and shall deliver it forthwith to the Collateral Administrative Agent in the exact form received accompanied by together with any necessary endorsement and/or appropriate stock power duly executed instruments of transfer or assignment in blank, substantially in forms reasonably acceptable to the Collateral Agentform provided in Exhibit 4(a), to be held by the Collateral Administrative Agent as Pledged Collateral and as further collateral security for the Secured Obligations.

Appears in 1 contract

Samples: Credit Agreement (Cbeyond Communications Inc)

Additional Securities. If such Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) stock certificate, including without limitation, any certificate representing a stock dividend or distribution in connection with any increase or reduction of capital, reclassification, merger, consolidation, sale of assets, combination of shares of Capital Stockshares, stock splits, spin-off or split-off, promissory notes or other instruments; (ii) option or right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in Capital Stocksecurities; or (iv) distributions of Capital Stock or other equity interests securities in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then such Pledgor shall receive such stock certificate, instrument, option, right or distribution in trust for the benefit of the Collateral Administrative Agent, shall segregate it from such Pledgor’s 's other property and shall deliver it forthwith to the Collateral Administrative Agent in the exact form received accompanied by together with any necessary endorsement and/or appropriate stock power duly executed instruments of transfer or assignment in blank, substantially in forms reasonably acceptable to the Collateral Agentform provided in Exhibit 4(a), to be held by the Collateral Administrative Agent as Pledged Collateral and as further collateral security for the Secured Pledgor Obligations.

Appears in 1 contract

Samples: Pledge Agreement (PRG Schultz International Inc)

Additional Securities. If such Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) stock certificate, including without limitation, any certificate representing a stock dividend or distribution in connection with any increase or reduction of capital, reclassification, merger, consolidation, sale of assets, combination of shares of Capital Stockshares, stock splits, spin-off or split-off, promissory notes or other instrumentsinstrument; (ii) option or right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in Capital Stocksecurities; or (iv) distributions of Capital Stock or other equity interests securities in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then such Pledgor shall receive such stock certificate, instrument, option, right or distribution in trust for the benefit of the Collateral Agent, shall segregate it from such Pledgor’s other property and shall deliver it forthwith to the Collateral Agent in the exact form received accompanied by together with any necessary endorsement and/or appropriate stock power duly executed instruments of transfer or assignment in blank, substantially in forms reasonably acceptable to the Collateral Agentform provided in Exhibit 3(a), to be held by the Collateral Agent as Pledged Collateral and as further collateral security for the Secured Obligations.

Appears in 1 contract

Samples: Pledge Agreement (Lincare Holdings Inc)

Additional Securities. If such Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) stock certificate, including without limitation, any certificate representing a stock dividend or distribution in connection with any increase or reduction of capital, reclassification, merger, consolidation, sale of assets, combination of shares of Capital Stockequity interests, stock splits, spin-off or split-off, promissory notes or other instrumentsinstrument; (ii) option or right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in Capital Stocksecurities; or (iv) distributions of Capital Stock or other equity interests securities in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then such Pledgor shall receive such stock certificate, instrument, option, right or distribution in trust for the benefit of the Collateral Agent, shall segregate it from such Pledgor’s 's other property and shall deliver it forthwith to the Collateral Agent in the exact form received accompanied by together with any necessary endorsement and/or appropriate stock power duly executed instruments of transfer or assignment in blank, substantially in forms reasonably acceptable to the Collateral Agentform provided in Exhibit 4(a), to be held by the Collateral Agent as Pledged Collateral and as further collateral security for the Secured Pledgor Obligations.

Appears in 1 contract

Samples: Credit Agreement (Cluett Peabody & Co Inc /De)

Additional Securities. If such Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) stock certificate, including without limitation, any certificate representing a stock dividend or distribution in connection with any increase or reduction of capital, reclassification, merger, consolidation, sale of assets, combination of shares of Capital Stockequity interests, stock splits, spin-off or split-off, promissory notes or other instrumentsinstrument; (ii) option or right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in Capital Stocksecurities; or (iv) distributions of Capital Stock or other equity interests securities in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then such Pledgor shall receive such stock certificate, instrument, option, right or distribution in trust for the benefit of the Collateral Agent, shall segregate it from such Pledgor’s 's other property and shall deliver it forthwith to the Collateral Agent in the exact form received accompanied by together with any necessary endorsement and/or appropriate stock power duly executed instruments of transfer or assignment in blank, substantially in forms reasonably acceptable to the Collateral Agentform provided in EXHIBIT 4(A), to be held by the Collateral Agent as Pledged Collateral and as further collateral security for the Secured Pledgor Obligations.

Appears in 1 contract

Samples: Pledge Agreement (Cluett Peabody & Co Inc /De)

Additional Securities. If such Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) stock certificate, including without limitation, any certificate representing a stock dividend or distribution in connection with any increase or reduction of capital, reclassification, merger, consolidation, sale of assets, combination of shares of Capital Stockshares, stock splits, spin-off or split-off, promissory notes or other instrumentsinstrument; (ii) option or right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in Capital Stocksecurities; or (iv) distributions of Capital Stock or other equity interests securities in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then such Pledgor shall receive such stock certificate, instrument, option, right or distribution in trust for the benefit of the Collateral Agent, shall segregate it from such Pledgor’s 's other property and shall deliver it forthwith to the Collateral Agent in the exact form received accompanied by together with any necessary endorsement and/or appropriate stock power duly executed instruments of transfer or assignment in blank, blank in forms reasonably acceptable to the Collateral Agentform provided in Schedule 2, to be held by the Collateral Agent as Pledged Collateral and as further collateral security for the Secured Obligations.

Appears in 1 contract

Samples: Credit Agreement (Genicom Corp)

Additional Securities. If such Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) stock certificate, including without limitation, any certificate representing a stock dividend or distribution in connection with any increase or reduction of capital, reclassification, merger, consolidation, sale of assets, combination of shares of Capital Stockshares, stock splits, spin-off or split-off, promissory notes or other instrumentsinstrument; (ii) option or right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in Capital Stocksecurities; or (iv) distributions of Capital Stock or other equity interests securities in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then such Pledgor shall receive such stock certificate, instrument, option, right or distribution in trust for the benefit of the Collateral Agent, shall segregate it from such Pledgor’s 's other property and shall deliver it forthwith to the Collateral Agent in the exact form received accompanied by together with any necessary endorsement and/or appropriate stock power duly executed instruments of transfer or assignment in blank, substantially in forms reasonably acceptable to the Collateral Agentform provided in EXHIBIT 4(a), to be held by the Collateral Agent as Pledged Collateral and as further collateral security for the Secured Pledgor Obligations.

Appears in 1 contract

Samples: Credit Agreement (Simonds Industries Inc)

Additional Securities. If such Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, Collateral any (i) certificate, including without limitation, 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 of Capital Stockor other equity interests, stock splits, spin-off or split-off, promissory notes or other instruments; (ii) option or right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in Capital Stocksecurities; or (iv) distributions of Capital Stock or other equity interests securities in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then such Pledgor shall receive such certificate, instrument, option, right or distribution in trust for the benefit of the Collateral Agent, shall segregate it from such Pledgor’s other property and shall deliver it forthwith to the Collateral Agent in the exact form received accompanied by together with any necessary endorsement and/or appropriate stock power duly executed instruments of transfer or assignment in blank, substantially in forms reasonably acceptable to the Collateral Agentform provided in Exhibit 4(a), to be held by the Collateral Agent as Pledged Collateral and as further collateral security for the Secured Obligations.

Appears in 1 contract

Samples: Pledge Agreement (Kraton Polymers LLC)

Additional Securities. If 1f such Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) stock certificate, including without limitation, any certificate representing a stock dividend or distribution in connection with any increase or reduction of capital, reclassification, merger, consolidation, sale of assets, combination of shares of Capital Stockshares, stock splits, spin-off or split-off, promissory notes or other instrumentsinstrument; (ii) option or right, whether as an addition to, a substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in Capital Stocksecurities; or (iv) distributions of Capital Stock or other equity interests securities in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then such Pledgor shall receive such stock certificate, instrument, option, right or distribution in trust for the benefit of the Collateral AgentAgent and the Lenders, shall segregate it from such Pledgor’s 's other property and shall deliver it forthwith to the Collateral Agent in the exact form received accompanied by together with any necessary endorsement and/or appropriate undated stock power duly executed instruments of transfer or assignment in blank, blank in forms reasonably acceptable to the Collateral Agentform provided in Schedule 2 attached hereto, to be held by the Collateral Agent as Pledged Collateral and as further collateral security for the Secured Obligations.

Appears in 1 contract

Samples: Credit Agreement (Personnel Group of America Inc)

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Additional Securities. If such Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) stock certificate, including without limitation, any certificate representing a stock dividend or distribution in connection with any increase or reduction of capital, reclassification, merger, consolidation, sale of assets, combination of shares of Capital Stockshares, stock splits, spin-off or split-off, promissory notes or other instrumentsinstrument; (ii) option or right, whether as an addition to, a substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in Capital Stocksecurities; or (iv) distributions of Capital Stock or other equity interests securities in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then such Pledgor shall receive such stock certificate, instrument, option, right or distribution in trust for the benefit of the Collateral AgentAgent and the Lenders, shall segregate it from such Pledgor’s 's other property and shall deliver it forthwith to the Collateral Agent in the exact form received accompanied by together with any necessary endorsement and/or appropriate undated stock power duly executed instruments of transfer or assignment in blank, blank in forms reasonably acceptable to the Collateral Agentform provided in Schedule 2 attached hereto, to be held by the Collateral Agent as Pledged Collateral and as further collateral security for the Secured Obligations.

Appears in 1 contract

Samples: Credit Agreement (Personnel Group of America Inc)

Additional Securities. If such Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) stock certificate, including without limitation, any certificate representing a stock dividend or distribution in connection with any increase or reduction of capital, reclassification, merger, consolidation, sale of assets, combination of shares of Capital Stockshares, stock splits, spin-off or split-off, promissory notes or other instrumentsinstrument; (ii) option or right, whether as an addition to, 4 substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in Capital Stocksecurities; or (iv) distributions of Capital Stock or other equity interests securities in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then such Pledgor shall receive such stock certificate, instrument, option, right or distribution in trust for the benefit of the Collateral Agent, shall segregate it from such Pledgor’s 's other property and shall deliver it forthwith to the Collateral Agent in the exact form received accompanied by together with any necessary endorsement and/or appropriate stock power duly executed instruments of transfer or assignment in blank, blank in forms reasonably acceptable to the Collateral Agentform provided in Schedule 4(a), to be held by the Collateral Agent as Pledged Collateral and as further collateral security for the Secured Pledgor Obligations.

Appears in 1 contract

Samples: Pledge Agreement (Ivex Packaging Corp /De/)

Additional Securities. If such Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) certificate, including without limitation, 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 of Capital Stockor other equity interests, stock splits, spin-off or split-off, promissory notes or other instruments; (ii) option or right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in Capital Stocksecurities; or (iv) distributions of Capital Stock or other equity interests securities in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then such Pledgor shall receive such certificate, instrument, option, right or distribution in trust for the benefit of the Collateral Agent, shall segregate it from such Pledgor’s other property and shall deliver it forthwith to the Collateral Agent in the exact form received accompanied by CHAR1\887016v3 together with any necessary endorsement and/or appropriate stock power duly executed instruments of transfer or assignment in blank, substantially in forms reasonably acceptable to the Collateral Agentform provided in Exhibit 4(a), to be held by the Collateral Agent as Pledged Collateral and as further collateral security for the Secured Obligations.

Appears in 1 contract

Samples: Pledge Agreement (Rehabcare Group Inc)

Additional Securities. If such Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) stock certificate, including without limitation, any certificate representing a stock dividend or distribution in connection with any increase or reduction of capital, reclassification, merger, consolidation, sale of assets, combination of shares of Capital Stockshares, stock splits, spin-off or split-off, promissory notes or other instrumentsinstrument; (ii) option or right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in Capital Stocksecurities; or (iv) distributions of Capital Stock or other equity interests securities in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then such Pledgor shall receive such stock certificate, instrument, option, right or distribution in trust for the benefit of the Collateral AgentLender, shall segregate it from such Pledgor’s 's other property and shall deliver it forthwith to the Collateral Agent Lender in the exact form received accompanied by together with any necessary endorsement and/or appropriate stock power duly executed instruments of transfer or assignment in blank, substantially in forms reasonably acceptable to the Collateral Agentform provided in Exhibit 4(a), to be held by the Collateral Agent Lender as Pledged Collateral and as further collateral security for the Secured Pledgor Obligations.

Appears in 1 contract

Samples: Pledge Agreement (Applied Analytical Industries Inc)

Additional Securities. If such Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) stock certificate, including without limitation, any certificate representing a stock dividend or distribution in connection with any increase or reduction of capital, reclassification, merger, consolidation, sale of assets, combination of shares of Capital Stockshares, stock splits, spin-off or split-off, promissory notes or other instrumentsinstrument; (ii) option or right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in Capital Stocksecurities; or (iv) distributions of Capital Stock or other equity interests securities in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then such Pledgor shall receive such stock certificate, instrument, option, right or distribution in trust for the benefit of the Collateral Administrative Agent, shall segregate it from such Pledgor’s 's other property and shall deliver it forthwith to the Collateral Administrative Agent in the exact form received accompanied by together with any necessary endorsement and/or appropriate stock power duly executed instruments of transfer or assignment in blank, substantially in forms reasonably acceptable to the Collateral Agentform provided in Exhibit 4(a), to be held by the Collateral Administrative Agent as Pledged Collateral and as further collateral security for the Secured Pledgor Obligations.

Appears in 1 contract

Samples: Credit Agreement (Modtech Holdings Inc)

Additional Securities. If the Pledgor shall receive by virtue of its his being or having been the owner of any Pledged Collateral, any (i) stock certificate, including without limitation, any certificate representing a stock dividend or distribution in connection with any increase or reduction of capital, reclassification, merger, consolidation, sale of assets, combination of shares of Capital Stockshares, stock splits, spin-off or split-off, promissory notes or other instrumentsinstrument; (ii) option or right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in Capital Stocksecurities; or (iv) distributions of Capital Stock or other equity interests securities in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then the Pledgor shall receive such stock certificate, instrument, option, right or distribution in trust for the benefit of the Collateral AgentLenders, shall segregate it from the Pledgor’s 's other property and shall deliver it forthwith to the Collateral Agent in the exact form received accompanied by together with any necessary endorsement and/or appropriate stock power duly executed instruments of transfer or assignment in blank, in forms reasonably acceptable to the Collateral Agent, to be held by the Collateral Agent as Pledged Collateral and as further collateral security for the Secured Obligations.

Appears in 1 contract

Samples: Stock Pledge Agreement (Farley William)

Additional Securities. If Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) certificatestock certificate or other certificate representing stock, including without limitation, 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 of Capital Stockor membership or equity interests, stock splits, spin-off or split-off, promissory notes or other instrumentsinstrument; (ii) option or right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in Capital Stocksecurities; or (iv) distributions of Capital Stock or other equity interests securities in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then Pledgor shall receive such certificate, instrument, option, right or distribution in trust for the benefit of the Collateral AgentLaurus, shall segregate it from Pledgor’s 's other property and shall deliver it forthwith to the Collateral Agent Laurus in the exact form received accompanied by together with any necessary endorsement and/or appropriate stock power duly executed instruments of transfer or assignment in blank, substantially in forms reasonably acceptable to the Collateral Agentform provided in Schedule 2, to be held by the Collateral Agent Laurus as Pledged Collateral and as further collateral security for the Secured Obligations.

Appears in 1 contract

Samples: Equity Pledge Agreement (Tidel Technologies Inc)

Additional Securities. If such Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) stock certificate, including without limitation, any certificate representing a stock dividend or distribution in connection with any increase or reduction of capital, reclassification, merger, consolidation, sale of assets, combination of shares of Capital Stockshares, stock splits, spin-off or split-off, promissory notes or other instrumentsinstrument; (ii) option or right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in Capital Stocksecurities; or (iv) distributions of Capital Stock or other equity interests securities in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then such Pledgor shall receive such stock certificate, instrument, option, right or distribution in trust for the benefit of the Collateral AgentLender, shall segregate it from such Pledgor’s other property and shall deliver it forthwith to the Collateral Agent Lender in the exact form received accompanied by together with any necessary endorsement and/or appropriate stock power duly executed instruments of transfer or assignment in blank, blank in forms reasonably acceptable to the Collateral Agentform provided in Schedule 2, to be held by the Collateral Agent Lender as Pledged Collateral and as further collateral security for the Secured Obligations.

Appears in 1 contract

Samples: Pledge Agreement (Hadron Inc)

Additional Securities. If such Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) stock certificate, including without limitation, any certificate representing a stock dividend or distribution in connection with any increase or reduction of capital, reclassification, merger, consolidation, sale of assets, combination of shares of Capital Stockshares, stock splits, spin-off or split-off, promissory notes or other instrumentsinstrument; (ii) option or right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in Capital Stocksecurities; or (iv) distributions of Capital Stock or other equity interests securities in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then such Pledgor shall receive such stock certificate, instrument, option, right or distribution in trust for the benefit of the Collateral AgentLender, shall segregate it from such Pledgor’s 's other property and shall deliver it forthwith to the Collateral Agent Lender in the exact form received accompanied by together with any necessary endorsement and/or appropriate stock power duly executed instruments of transfer or assignment in blank, blank in forms reasonably acceptable to the Collateral Agentform provided in SCHEDULE 2, to be held by the Collateral Agent Lender as Pledged Collateral and as further collateral security for the Secured Obligations.

Appears in 1 contract

Samples: Pledge Agreement (Genicom Corp)

Additional Securities. If such Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, Collateral any (i) certificate, including without limitation, 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 of Capital Stockor other equity interests, stock splits, spin-off or split-off, promissory notes or other instruments; (ii) option or right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in Capital Stocksecurities; or (iv) distributions of Capital Stock or other equity interests securities in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then such Pledgor shall receive such certificate, instrument, option, right or distribution in trust for the benefit of the Collateral Agent, shall segregate it from such Pledgor’s other property and shall deliver it forthwith to the Collateral Agent in the exact form received accompanied by together with any necessary endorsement and/or appropriate stock power duly executed instruments of transfer or assignment in blank, substantially in forms reasonably acceptable to the Collateral Agentform provided in Exhibit 4(a) , to be held by the Collateral Agent as Pledged Collateral and as further collateral security for the Secured Obligations.

Appears in 1 contract

Samples: Pledge Agreement (Kraton Performance Polymers, Inc.)

Additional Securities. If such Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) stock certificate, including without limitation, any certificate representing a stock dividend or distribution in connection with any increase or reduction of capital, reclassification, merger, consolidation, sale of assets, combination of shares of Capital Stockshares, stock splits, spin-off or split-off, promissory notes or other instrumentsinstrument; (ii) option or right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in Capital Stocksecurities; or (iv) distributions of Capital Stock or other equity interests securities in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then such Pledgor shall receive such stock certificate, instrument, option, right or distribution in trust for the benefit of the Collateral Agent, shall segregate it from such Pledgor’s other property and shall deliver it forthwith to the Collateral Agent in the exact form received accompanied by together with any necessary endorsement and/or appropriate stock power duly executed instruments of transfer or assignment in blank, substantially in forms reasonably acceptable to the Collateral Agentform provided in Exhibit 3(a), to be held by the Collateral Agent as Pledged Collateral and as further collateral security for the Secured Pledgor Obligations.

Appears in 1 contract

Samples: Pledge Agreement (Lincare Holdings Inc)

Additional Securities. If such Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) stock certificate, including without limitation, any certificate representing a stock dividend or distribution in connection with any increase or reduction of capital, reclassification, merger, consolidation, sale of assets, combination of shares of Capital Stockshares, stock splits, spin-off or split-off, promissory notes or other instrumentsinstrument; (ii) option or right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in Capital Stocksecurities; or (iv) distributions of Capital Stock or other equity interests securities in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then such Pledgor shall receive such stock certificate, instrument, option, right or distribution in trust for the benefit of the Collateral Agent, shall segregate it from such Pledgor’s 's other property and shall deliver it forthwith to the Collateral Agent in the exact form received accompanied by together with any necessary endorsement and/or appropriate stock power duly executed instruments of transfer or assignment in blank, blank in forms reasonably acceptable to the Collateral Agentform provided in Schedule 4(a), to be held by the Collateral Agent as Pledged Collateral and as further collateral security for the Secured Pledgor Obligations.

Appears in 1 contract

Samples: Pledge Agreement (Ivex Packaging Corp /De/)

Additional Securities. If such Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) stock certificate, including without limitation, any certificate representing a stock dividend or distribution in connection with any increase or reduction of capital, reclassification, merger, consolidation, sale of assets, combination of shares of Capital Stockshares, stock splits, spin-off or split-off, promissory notes or other instrumentsinstrument; (ii) option or right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in Capital Stocksecurities; or (iv) distributions of Capital Stock or other equity interests securities in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then such Pledgor shall receive such stock certificate, instrument, option, right or distribution in trust for the benefit of the Collateral Agent, shall segregate it from such Pledgor’s 's other property and shall deliver it forthwith to the Collateral Agent in the exact form received accompanied by together with any necessary endorsement and/or appropriate undated stock power duly executed instruments of transfer or assignment in blank, substantially in forms reasonably acceptable to the Collateral Agentform provided in EXHIBIT 4(a), to be held by the Collateral Agent as Pledged Collateral and as further collateral security for the Secured Pledgor Obligations.

Appears in 1 contract

Samples: Credit Agreement (Chattem Inc)

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