Common use of Additional Securities Clause in Contracts

Additional Securities. If such Pledgor shall receive (or become entitled to receive) by virtue of its being or having been the owner of any Pledged Collateral, any (i) certificate or instrument, 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 or membership or 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, conversion of, or an exchange for, any Pledged Collateral or otherwise in respect thereof; (iii) dividends payable in securities; or (iv) distributions of securities or other Equity Interests, cash or other property in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then such Pledgor shall accept and receive each such certificate, instrument, option, right, dividend 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 together with any necessary endorsement and/or appropriate stock power duly executed in blank, substantially in the form provided in Exhibit 4(a), to be held by the Collateral Agent as Pledged Collateral and as further collateral security for the Senior Secured Obligations.

Appears in 2 contracts

Sources: Pledge Agreement (Ruby Tuesday Inc), Loan Facility Agreement and Guaranty (Ruby Tuesday Inc)

Additional Securities. If such Pledgor shall receive (or become entitled to receive) by virtue of its being or having been the owner of any Pledged Collateral, any (i) certificate or instrument, 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 or membership or 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, conversion of, or an exchange for, any Pledged Collateral or otherwise in respect thereof; , (iii) dividends payable in securities; , or (iv) distributions of securities or other Equity Interests, cash or other property in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then such Pledgor shall accept and receive each such certificate, instrument, option, right, dividend 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 together with any necessary endorsement and/or appropriate stock power duly executed in blank, substantially in the form provided in Exhibit 4(a3(a), to be held by the Collateral Administrative Agent as Pledged Collateral and as further collateral security for the Senior Secured Obligations.

Appears in 2 contracts

Sources: Pledge Agreement (Amedisys Inc), Pledge Agreement (Amedisys Inc)

Additional Securities. If such any Pledgor shall receive (or become entitled to receive) by virtue of its being or having been the owner of any Pledged Collateral, any (i) certificate or instrument, 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 or membership or 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, conversion of, or an exchange for, any Pledged Collateral or otherwise in respect thereof; (iii) dividends payable in securities; or (iv) distributions of securities or other Equity Interests, cash or other property in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then such Pledgor shall accept and receive each such certificate, instrument, option, right, dividend 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 together with any necessary endorsement and/or appropriate stock power duly executed in blank, substantially in the form provided in Exhibit 4(a), to be held by the Collateral Administrative Agent as Pledged Collateral and as further collateral security for the Senior Secured Obligations.

Appears in 2 contracts

Sources: Pledge Agreement (NOODLES & Co), Pledge Agreement (NOODLES & Co)

Additional Securities. If such Pledgor shall receive (or become entitled to receive) by virtue of its being or having been the owner of any Pledged Collateral, any (i) certificate or instrument, 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 or membership or 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, conversion of, or an exchange for, any Pledged Collateral or otherwise in respect thereof; (iii) dividends payable in securities; or (iv) distributions of securities or other Equity Interests, cash or other property in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then such Pledgor shall accept and receive each such certificate, instrument, option, right, dividend 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 together with any necessary endorsement and/or appropriate stock power duly executed in blank, substantially in the form provided in Exhibit 4(a), to be held by the Collateral Administrative Agent as Pledged Collateral and as further collateral security for the Senior Secured Obligations.

Appears in 2 contracts

Sources: Credit Agreement (Wageworks, Inc.), Pledge Agreement (Ruby Tuesday Inc)

Additional Securities. If such Pledgor shall receive (or become entitled to receive) by virtue of its being or having been the owner of any Pledged CollateralCore Collateral constituting Subsidiary Capital Stock, any (i) certificate shares of stock, membership interest certificates, partnership certificates, other certificates, instruments or instrumentother documents, including without limitation, any certificate certificates, instruments or other documents representing a dividend or distribution in connection with any increase or reduction of capital, reclassification, merger, consolidation, sale of assets, combination of shares or membership or other Equity InterestsCapital Stock, stock splits, spin-off or split-off, promissory notes or other instruments; (ii) option or right, whether as an addition to, substitution for, conversion of, or an exchange for, any Pledged Core Collateral or otherwise in respect thereofotherwise; (iii) dividends payable paid in securitiesCapital Stock; or (iv) distributions of securities Capital Stock or other Equity Interests, cash or other property 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 accept and receive each such certificate, instrument, option, right, dividend 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 Custodian, 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 Exhibit 4(a)) attached hereto, to be held by the Collateral Agent Custodian, as Pledged Collateral and as further collateral security for the Senior Secured Obligations.

Appears in 2 contracts

Sources: Pledge Agreement (Capitalsource Inc), Pledge Agreement (Capitalsource Inc)

Additional Securities. If such Pledgor shall receive (or become entitled to receive) by virtue of its being or having been the owner of any Pledged Collateral, any (i) certificate or instrument, including without limitation, any certificate representing a dividend or distribution in connection with any increase or reduction of capital, reclassification, merger, consolidationamalgamation, sale of assets, combination of shares or membership or 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, conversion of, or an exchange for, any Pledged Collateral or otherwise in respect thereof; (iii) dividends payable in securities; or (iv) distributions of securities or other Equity Interests, cash or other property in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then such Pledgor shall accept and receive each such certificate, instrument, option, right, dividend or distribution in trust for the benefit of the Collateral Canadian Administrative Agent, shall segregate it from such Pledgor’s other property and shall deliver it forthwith to the Collateral Canadian Administrative 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 Exhibit 4(a), to be held by the Collateral Canadian Administrative Agent as Pledged Collateral and as further collateral security for the Senior Secured Obligations.

Appears in 1 contract

Sources: Pledge Agreement (Ems Technologies Inc)

Additional Securities. If such any Pledgor shall receive (or become entitled to receive) by virtue of its being or having been the owner of any Pledged Collateral, any (i) stock certificate, membership certificate or instrumentother certificate representing stock or a membership 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 or membership or other Equity Interestsequity interests, stock splits, spin-off or split-off, promissory notes or other instrumentsinstrument; (ii) option or right, whether as an addition to, substitution for, conversion of, or an exchange for, any Pledged Collateral or otherwise in respect thereofotherwise; (iii) dividends payable in securities; or (iv) distributions of securities or other Equity Interests, cash or other property in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then such Pledgor shall accept and receive each such certificate, instrument, option, right, dividend right or distribution in trust for the benefit of the Collateral AgentCreditor Parties, shall segregate it from such Pledgor’s other property and shall deliver it forthwith to Agent, for the Collateral Agent ratable benefit of the Creditor Parties, or the Agent’s designee, in the exact form received together with any necessary endorsement and/or appropriate stock power or membership interest power, as applicable, duly executed in blank, substantially in the form provided in Exhibit 4(a)Schedule 2, to be held by the Collateral Agent or its designee, as Pledged applicable, as Collateral and as further collateral security for the Senior Secured Obligations.

Appears in 1 contract

Sources: Equity Pledge Agreement (General Environmental Management, Inc)

Additional Securities. If such Pledgor Guarantor shall receive (or become entitled to receive) by virtue of its being or having been the owner of any Pledged Collateral, any (i) certificate or instrument, 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 or membership or other Equity InterestsCapital Stock, stock splits, spin-off or split-off, promissory notes or other instruments; , (ii) option or right, whether as an addition to, substitution for, conversion of, or an exchange for, any Pledged Collateral or otherwise in respect thereof; , (iii) dividends payable in securities; , or (iv) distributions of securities or other Equity Interests, Capital Stock or cash or other property in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then such Pledgor Guarantor shall accept and receive each such certificate, instrument, option, right, dividend or distribution in trust for the benefit of the Collateral AgentBank, shall segregate it from such PledgorGuarantor’s other property and shall deliver it forthwith to the Collateral Agent Bank 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 Exhibit 4(a)Annex III, to be held by the Collateral Agent Bank as Pledged Collateral and as further collateral security for the Senior Secured Obligations.

Appears in 1 contract

Sources: Guarantee and Pledge Agreement (New Age Beverages Corp)

Additional Securities. If such the Pledgor shall receive (or become entitled to receive) by virtue of its being or having been the owner of any Pledged Collateral, any (i) stock certificate or instrumentother 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 or membership or other Equity Interestsshares, stock splits, spin-off or split-off, promissory notes or other instrumentsinstrument; (ii) option or right, right whether as an addition to, substitution for, conversion of, or an exchange for, any Pledged Collateral or otherwise in respect thereofotherwise; (iii) dividends payable in securitiessecurities or other certificate evidencing an ownership interest; or (iv) distributions of securities or other Equity Interests, cash or other property 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 the Pledgor shall accept and receive each such security, certificate, instrument, option, right, dividend right or distribution in trust for the benefit of the Collateral AgentPledgee, shall segregate it from such the Pledgor’s 's other property and shall deliver it forthwith to the Collateral Agent for the benefit of the Pledgee in the exact form received together with any necessary endorsement and/or appropriate stock power duly executed in blank, substantially in with all necessary endorsements and all such assurances and other documents as may be necessary, or reasonably requested by the form provided in Exhibit 4(a)Pledgee or the Agent, to provide for the prompt and effective transfer thereof, to be held by the Collateral Agent for the benefit of the Pledgee as Pledged Collateral and as further collateral security for the Senior Secured Pledgor Obligations.

Appears in 1 contract

Sources: Pledge Agreement (Pf Management Inc)

Additional Securities. If such any Pledgor shall receive (or become entitled to receive) by virtue of its being or having been the owner of any Pledged Collateral, any (i) certificate or instrument, 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 or membership or 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, conversion of, or an exchange for, any Pledged Collateral or otherwise in respect thereof; (iii) dividends payable in securities; or (iv) distributions of securities or other Equity Interests, cash or other property Interests in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then such Pledgor shall accept and receive each such certificate, instrument, option, right, dividend 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 together with any necessary endorsement and/or appropriate stock power duly executed in blank, substantially in the form provided in Exhibit 4(a), to be held by the Collateral Administrative Agent as Pledged Collateral and as further collateral security for the Senior Secured Obligations.

Appears in 1 contract

Sources: Pledge Agreement (NOODLES & Co)

Additional Securities. If such Pledgor shall receive (or become entitled to receive) by virtue of its being or having been the owner of any Pledged Collateral, any (i) certificate or instrument, 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 or membership or 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, conversion of, or an exchange for, any Pledged Collateral or otherwise in respect thereof; , (iii) dividends payable in securities; , or (iv) distributions of securities or other Equity Interests, cash or other property in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then such Pledgor shall accept and receive each such certificate, instrument, option, right, dividend 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 together with any necessary endorsement and/or appropriate stock power duly executed in blank, substantially in the form provided in Exhibit 4(a), to be held by the Collateral Administrative Agent as Pledged Collateral and as further collateral security for the Senior Secured Obligations.

Appears in 1 contract

Sources: Pledge Agreement (RedHill Biopharma Ltd.)

Additional Securities. If such Pledgor shall receive (or become entitled to receive) by virtue of its being or having been the owner of any Pledged Collateral, any (i) certificate or instrument, 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 or membership or other Equity Interests, stock splits, spin-off or split-off, promissory notes or other instruments; (ii) option WEST\275627297. 6 4 or right, whether as an addition to, substitution for, conversion of, or an exchange for, any Pledged Collateral or otherwise in respect thereof; (iii) dividends payable in securities; or (iv) distributions of securities or other Equity Interests, cash or other property in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then such Pledgor shall accept and receive each such certificate, instrument, option, right, dividend 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 together with any necessary endorsement and/or appropriate stock power duly executed in blank, substantially in the form provided in Exhibit 4(a), to be held by the Collateral Administrative Agent as Pledged Collateral and as further collateral security for the Senior Secured Obligations.

Appears in 1 contract

Sources: Credit Agreement (Wageworks, Inc.)

Additional Securities. If such Pledgor shall receive (or become entitled to receive) by virtue of its being or having been the owner of any Pledged CollateralCore Collateral constituting Subsidiary Capital Stock, any (i) certificate shares of stock, membership interest certificates, partnership certificates, other certificates, instruments or instrumentother documents, including without limitation, any certificate certificates, instruments or other documents representing a dividend or distribution in connection with any increase or reduction of capital, reclassification, merger, consolidation, sale of assets, combination of shares or membership or other Equity InterestsCapital Stock, stock splits, spin-off or split-off, promissory notes or other instruments; (ii) option or right, whether as an addition to, substitution for, conversion of, or an exchange for, any Pledged Core Collateral or otherwise in respect thereofotherwise; (iii) dividends payable paid in securitiesCapital Stock; or (iv) distributions of securities Capital Stock or other Equity Interests, cash or other property 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 accept and receive each such certificate, instrument, option, right, dividend 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 Agent Custodian, 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 Exhibit 4(a)) attached hereto, to be held by the Collateral Agent Custodian, as Pledged Collateral and as further collateral security for the Senior Secured Obligations.

Appears in 1 contract

Sources: Pledge Agreement (Capitalsource Inc)

Additional Securities. If such Pledgor shall receive (or become entitled to receive) by virtue of its being or having been the owner of any Pledged Collateral, any (i) certificate or instrument, 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 or membership or 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, conversion of, or an exchange for, any Pledged Collateral or otherwise in respect thereof; , (iii) dividends payable in securities; securities or (iv) distributions of securities or other Equity Interests, cash or other property in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then such Pledgor shall accept and receive each such certificate, instrument, option, right, dividend 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 together with any necessary endorsement and/or appropriate stock power duly executed in blank, substantially in the form provided in Exhibit 4(a), to be held by the Collateral Administrative Agent as Pledged Collateral and as further collateral security for the Senior Secured Obligations.

Appears in 1 contract

Sources: Pledge Agreement (Veracyte, Inc.)