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, stock splits, spin-off or split-off, promissory notes or other instrument; (ii) option or 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 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 Noteholder, shall segregate it from Pledgor’s other property and shall deliver it forthwith to the Noteholder in the exact form received together with any necessary endorsement and/or appropriate stock power duly executed in blank substantially in the form provided in Schedule 2, to be held by the Noteholder as Pledged Collateral and as further collateral security for the Secured Obligations.
Appears in 3 contracts
Sources: Share Purchase Agreement (VIASPACE Inc.), Stock Pledge Agreement (VIASPACE Green Energy Inc.), Stock Pledge Agreement (VIASPACE Inc.)
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, amalgamation, sale of assets, combination of sharesPledged Securities, stock splits, spin-off or split-off, promissory notes or other instrumentinstruments; (ii) option or right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in securitiesPledged Securities; or (iv) distributions of securities 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 stock certificate, instrument, option, right or distribution in trust for the benefit of the NoteholderPledgees, shall segregate it from Pledgor’s other property and shall deliver it forthwith to the Noteholder Collateral Agent on behalf of the Pledgees in the exact form received together with any necessary endorsement and/or appropriate stock power accompanied by duly executed instruments of transfer or assignment in blank substantially in the form provided in Schedule 2, to be held by the Noteholder Collateral Agent as Pledged Collateral and as further collateral security for the Secured Obligations.
Appears in 2 contracts
Sources: 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) 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, stock splits, spin-off or split-off, promissory notes or other instrument; (ii) option or 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 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 NoteholderCollateral Agent, shall segregate it from such Pledgor’s other property and shall deliver it forthwith to the Noteholder Collateral Agent in the exact form received together with any necessary endorsement and/or appropriate stock power duly executed in blank blank, substantially in the form provided in Schedule 2Exhibit 3(a), to be held by the Noteholder Collateral Agent as Pledged Collateral and as further collateral security for the Secured Pledgor Obligations.
Appears in 2 contracts
Sources: Credit Agreement (Lincare Holdings Inc), Note Purchase Agreement (Lincare Holdings 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, stock splits, spin-off or split-off, promissory notes or other instrument; (ii) option or 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 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 NoteholderAdministrative Agent, shall segregate it from Pledgor’s such Obligor's other property and shall deliver it forthwith to the Noteholder Administrative Agent in the exact form received together with any necessary endorsement and/or appropriate stock power duly executed in blank blank, substantially in the form provided in Schedule 2Exhibit 4(a), to be held by the Noteholder Administrative Agent as Pledged Collateral and as further collateral security for the Secured Obligor Obligations.
Appears in 2 contracts
Sources: Credit Agreement (Jw Childs Equity Partners Ii Lp), Credit Agreement (Signal Medical Services)
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 sharesshares or membership or equity interests, stock splits, spin-off or split-off, promissory notes or other instrument; (ii) option or 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 such Pledgor shall receive such stock certificate, instrument, option, right or distribution in trust for the benefit of the NoteholderBank, shall segregate it from such Pledgor’s other property and shall deliver it forthwith to the Noteholder Bank in the exact form received together with any necessary endorsement and/or appropriate stock power duly executed in blank blank, substantially in the form provided in Schedule 2Exhibit B, to be held by the Noteholder Bank as Pledged Collateral and as further collateral security for the Secured Obligations.
Appears in 2 contracts
Sources: Pledge Agreement (Argyle Security, Inc.), Pledge Agreement (Argyle Security, Inc.)
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 sharesshares or membership or equity interests, stock splits, spin-off or split-off, promissory notes or other instrument; (ii) option or 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 receive such stock certificate, instrument, option, right or distribution in trust for the benefit of the NoteholderBank, shall segregate it from Pledgor’s other property and shall deliver it forthwith to the Noteholder Bank in the exact form received together with any necessary endorsement and/or appropriate stock power duly executed in blank blank, substantially in the form provided in Schedule 2Exhibit B, to be held by the Noteholder Bank as Pledged Collateral and as further collateral security for the Secured Obligations.
Appears in 2 contracts
Sources: Pledge Agreement (Argyle Security, Inc.), Loan and Security 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 sharesequity interests, stock splits, spin-off or split-off, promissory notes or other instrument; (ii) option or 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 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 NoteholderAgent, shall segregate it from such Pledgor’s 's other property and shall deliver it forthwith to the Noteholder Agent in the exact form received together with any necessary endorsement and/or appropriate stock power duly executed in blank blank, substantially in the form provided in Schedule 2EXHIBIT 4(A), to be held by the Noteholder Agent as Pledged Collateral and as further collateral security for the Secured Pledgor Obligations.
Appears in 1 contract
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, stock splits, spin-off or split-off, promissory notes or other instrument; (ii) option or 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 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 NoteholderLender, shall segregate it from such Pledgor’s 's other property and shall deliver it forthwith to the Noteholder Lender in the exact form received together with any necessary endorsement and/or appropriate stock power duly executed in blank blank, substantially in the form provided in Schedule 2Exhibit 4(a), to be held by the Noteholder Lender as Pledged Collateral and as further collateral security for the Secured Pledgor Obligations.
Appears in 1 contract
Sources: 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, 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 sharesshares or other equity interests, stock splits, spin-off or split-off, promissory notes or other instrumentinstruments; (ii) option or 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 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 NoteholderCollateral Agent, shall segregate it from such Pledgor’s other property and shall deliver it forthwith to the Noteholder Collateral Agent in the exact form received together with any necessary endorsement and/or appropriate stock power duly executed in blank blank, substantially in the form provided in Schedule 2Exhibit 4(a) , to be held by the Noteholder Collateral Agent as Pledged Collateral and as further collateral security for the Secured Obligations.
Appears in 1 contract
Sources: 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, stock splits, spin-off or split-off, promissory notes or other instrumentinstruments; (ii) option or 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 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 NoteholderAdministrative Agent, shall segregate it from such Pledgor’s 's other property and shall deliver it forthwith to the Noteholder Administrative Agent in the exact form received together with any necessary endorsement and/or appropriate stock power duly executed in blank blank, substantially in the form provided in Schedule 2Exhibit 4(a), to be held by the Noteholder Administrative Agent as Pledged Collateral and as further collateral security for the Secured Pledgor Obligations.
Appears in 1 contract
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, stock splits, spin-off or split-off, promissory notes or other instrument; (ii) option or 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 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 NoteholderAgent, shall segregate it from such Pledgor’s other property and shall deliver it forthwith to the Noteholder Agent in the exact form received together with any necessary endorsement and/or appropriate stock power duly executed in blank blank, substantially in the form provided in Schedule 2Exhibit 3(a), to be held by the Noteholder Agent as Pledged Collateral and as further collateral security for the Secured Obligations.
Appears in 1 contract
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 sharesshares or other equity interests, stock splits, spin-off or split-off, promissory notes or other instrumentinstruments; (ii) option or 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 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 NoteholderAdministrative Agent, shall segregate it from such Pledgor’s other property and shall deliver it forthwith to the Noteholder Administrative Agent in the exact form received together with any necessary endorsement and/or appropriate stock power duly executed in blank blank, substantially in the form provided in Schedule 2Exhibit 4(a), to be held by the Noteholder Administrative Agent as Pledged Collateral and as further collateral security for the Secured Obligations.
Appears in 1 contract
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, stock splits, spin-off or split-off, promissory notes or other instrument; (ii) option or 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 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 NoteholderLender, shall segregate it from such Pledgor’s 's other property and shall deliver it forthwith to the Noteholder Lender in the exact form received together with any necessary endorsement and/or appropriate stock power duly executed in blank substantially in the form provided in Schedule SCHEDULE 2, to be held by the Noteholder Lender as Pledged Collateral and as further collateral security for the Secured Obligations.
Appears in 1 contract
Sources: 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, 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, stock splits, spin-off or split-off, promissory notes or other instrument; (ii) option or 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 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 NoteholderAdministrative Agent, shall segregate it from such Pledgor’s 's other property and shall deliver it forthwith to the Noteholder Administrative Agent in the exact form received together with any necessary endorsement and/or appropriate stock power duly executed in blank blank, substantially in the form provided in Schedule 2Exhibit 4(a), to be held by the Noteholder Administrative Agent as Pledged Collateral and as further collateral security for the Secured Pledgor Obligations.
Appears in 1 contract
Additional Securities. If such Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) stock certificatecertificate evidencing Capital Stock, 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, stock splits, spin-off or split-off, promissory notes or other instrument; (ii) option or 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 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 right, or distribution in trust for the benefit of the NoteholderAgent, shall segregate it from such Pledgor’s 's other property and shall deliver it forthwith to the Noteholder Agent in the exact form received together with any necessary endorsement and/or appropriate stock transfer power duly executed in blank blank, substantially in the form provided in Schedule 24(a), accompanied by an irrevocable proxy coupled with an interest duly executed by such Pledgor in form and substance satisfactory to Agent, to be held by the Noteholder Agent as Pledged Collateral and as further collateral security for the Secured Obligations.
Appears in 1 contract
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, stock splits, spin-off or split-off, promissory notes or other instrument; (ii) option or 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 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 NoteholderLender, shall segregate it from such Pledgor’s other property and shall deliver it forthwith to the Noteholder Lender in the exact form received together with any necessary endorsement and/or appropriate stock power duly executed in blank substantially in the form provided in Schedule 2, to be held by the Noteholder Lender as Pledged Collateral and as further collateral security for the Secured Obligations.
Appears in 1 contract
Sources: Pledge Agreement (Hadron Inc)
Additional Securities. If Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) stock certificatecertificate or other certificate representing stock, 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 sharesshares or membership or equity interests, stock splits, spin-off or split-off, promissory notes or other instrument; (ii) option or 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 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 NoteholderLaurus, shall segregate it from Pledgor’s 's other property and shall deliver it forthwith to the Noteholder Laurus in the exact form received together with any necessary endorsement and/or appropriate stock power duly executed in blank blank, substantially in the form provided in Schedule 2, to be held by the Noteholder Laurus as Pledged Collateral and as further collateral security for the Secured Obligations.
Appears in 1 contract
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, stock splits, spin-off or split-off, promissory notes or other instrument; (ii) option or 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 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 NoteholderAgent, shall segregate it from such Pledgor’s 's other property and shall deliver it forthwith to the Noteholder Agent in the exact form received together with any necessary endorsement and/or appropriate stock power duly executed in blank substantially in the form provided in Schedule 2, to be held by the Noteholder Agent as Pledged Collateral and as further collateral security for the Secured Obligations.
Appears in 1 contract
Sources: 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, 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 sharesshares or other equity interests, stock splits, spin-off or split-off, promissory notes or other instrumentinstruments; (ii) option or 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 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 NoteholderCollateral Agent, shall segregate it from such Pledgor’s other property and shall deliver it forthwith to the Noteholder Collateral Agent in the exact form received together with any necessary endorsement and/or appropriate stock power duly executed in blank blank, substantially in the form provided in Schedule 2Exhibit 4(a), to be held by the Noteholder Collateral Agent as Pledged Collateral and as further collateral security for the Secured Obligations.
Appears in 1 contract
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, stock splits, spin-off or split-off, promissory notes or other instrument; (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 securities; or (iv) distributions of 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 NoteholderAgent and the Lenders, shall segregate it from such Pledgor’s 's other property and shall deliver it forthwith to the Noteholder Agent in the exact form received together with any necessary endorsement and/or appropriate undated stock power duly executed in blank substantially in the form provided in Schedule 22 attached hereto, to be held by the Noteholder Agent as Pledged Collateral and as further collateral security for the Secured Obligations.
Appears in 1 contract
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, stock splits, spin-off or split-off, promissory notes or other instrument; (ii) option or 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 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 NoteholderAgent, shall segregate it from such Pledgor’s other property and shall deliver it forthwith to the Noteholder Agent in the exact form received together with any necessary endorsement and/or appropriate stock power duly executed in blank blank, substantially in the form provided in Schedule 2Exhibit 3(a), to be held by the Noteholder Agent as Pledged Collateral and as further collateral security for the Secured Pledgor Obligations.
Appears in 1 contract
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 sharesshares or other equity interests, stock splits, spin-off or split-off, promissory notes or other instrumentinstruments; (ii) option or 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 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 NoteholderCollateral Agent, shall segregate it from such Pledgor’s other property and shall deliver it forthwith to the Noteholder Collateral Agent in the exact form received CHAR1\887016v3 together with any necessary endorsement and/or appropriate stock power duly executed in blank blank, substantially in the form provided in Schedule 2Exhibit 4(a), to be held by the Noteholder Collateral Agent as Pledged Collateral and as further collateral security for the Secured Obligations.
Appears in 1 contract
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, stock splits, spin-off or split-off, promissory notes or other instrument; (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 securities; or (iv) distributions of 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 NoteholderAgent and the Lenders, shall segregate it from such Pledgor’s 's other property and shall deliver it forthwith to the Noteholder Agent in the exact form received together with any necessary endorsement and/or appropriate undated stock power duly executed in blank substantially in the form provided in Schedule 22 attached hereto, to be held by the Noteholder Agent as Pledged Collateral and as further collateral security for the Secured Obligations.
Appears in 1 contract
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, stock splits, spin-off or split-off, promissory notes or other instrument; (ii) option or 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 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 NoteholderLenders, shall segregate it from the Pledgor’s 's other property and shall deliver it forthwith to the Noteholder Agent in the exact form received together with any necessary endorsement and/or appropriate stock power duly executed in blank substantially in the form provided in Schedule 2blank, to be held by the Noteholder Agent as Pledged Collateral and as further collateral security for the Secured Obligations.
Appears in 1 contract
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, stock splits, spin-off or split-off, promissory notes or other instrument; (ii) option or 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 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 NoteholderCollateral Agent, shall segregate it from such Pledgor’s 's other property and shall deliver it forthwith to the Noteholder Collateral Agent in the exact form received together with any necessary endorsement and/or appropriate stock power duly executed in blank blank, substantially in the form provided in Schedule 2Exhibit 4(a), to be held by the Noteholder Collateral Agent as Pledged Collateral and as further collateral security for the Secured Pledgor Obligations.
Appears in 1 contract
Sources: 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) 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, stock splits, spin-off or split-off, promissory notes or other instrument; (ii) option or 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 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 NoteholderAgent, shall segregate it from such Pledgor’s 's other property and shall deliver it forthwith to the Noteholder Agent in the exact form received together with any necessary endorsement and/or appropriate undated stock power duly executed in blank blank, substantially in the form provided in Schedule 2EXHIBIT 4(a), to be held by the Noteholder Agent as Pledged Collateral and as further collateral security for the Secured Pledgor Obligations.
Appears in 1 contract
Sources: Credit Agreement (Chattem 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 sharesequity interests, stock splits, spin-off or split-off, promissory notes or other instrument; (ii) option or 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 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 NoteholderAgent, shall segregate it from such Pledgor’s 's other property and shall deliver it forthwith to the Noteholder Agent in the exact form received together with any necessary endorsement and/or appropriate stock power duly executed in blank blank, substantially in the form provided in Schedule 2Exhibit 4(a), to be held by the Noteholder Agent as Pledged Collateral and as further collateral security for the Secured Pledgor Obligations.
Appears in 1 contract
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, stock splits, spin-off or split-off, promissory notes or other instrument; (ii) option or 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 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 NoteholderCollateral Agent, shall segregate it from such Pledgor’s 's other property and shall deliver it forthwith to the Noteholder Collateral Agent in the exact form received together with any necessary endorsement and/or appropriate stock power duly executed in blank substantially in the form provided in Schedule 24(a), to be held by the Noteholder Collateral Agent as Pledged Collateral and as further collateral security for the Secured Pledgor Obligations.
Appears in 1 contract
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, stock splits, spin-off or split-off, promissory notes or other instrument; (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 securities; or (iv) distributions of 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 NoteholderAgent, shall segregate it from such Pledgor’s 's other property and shall deliver it forthwith to the Noteholder Agent in the exact form received together with any necessary endorsement and/or appropriate stock power duly executed in blank substantially in the form provided in Schedule 24(a), to be held by the Noteholder Agent as Pledged Collateral and as further collateral security for the Secured Pledgor Obligations.
Appears in 1 contract
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, stock splits, spin-off or split-off, promissory notes or other instrument; (ii) option or 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 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 NoteholderAgent, shall segregate it from such Pledgor’s 's other property and shall deliver it forthwith to the Noteholder Agent in the exact form received together with any necessary endorsement and/or appropriate stock power duly executed in blank blank, substantially in the form provided in Schedule 2EXHIBIT 4(a), to be held by the Noteholder Agent as Pledged Collateral and as further collateral security for the Secured Pledgor Obligations.
Appears in 1 contract