Common use of Collateral Provisions Clause in Contracts

Collateral Provisions. As collateral security for any amounts due to BofA with respect to this Transaction or pursuant to any document executed in connection therewith, the Counterparty granted to BofA a security interest in 1,000,000 Shares (such number of Shares, the "Collateral') pursuant to the Pledge Agreement dated March 15, 2002 by and between the Counterparty and BofA (the "Pledge Agreement"). The Pledge Agreement, any other pledge or security agreement executed by Counterparty in replacement or substitution of the Pledge Agreement, whether or not expressly referencing the Transaction, and any amendment, modification or replacement of or substitution therefor, shall constitute a Credit Support Document under the Agreement.

Appears in 1 contract

Sources: Forward Delivery Transaction (Welsh Carson Anderson Stowe Viii Lp)

Collateral Provisions. As collateral security for any amounts due --------------------- to BofA with respect to this Transaction or pursuant to any document executed in connection therewith, the Counterparty granted to BofA a security interest in 1,000,000 Shares (such number of Shares, the "Collateral'") pursuant to the Pledge Agreement dated March 15, 2002 by and between the Counterparty and BofA (the "Pledge Agreement"). The Pledge Agreement, any other pledge or security agreement executed by Counterparty in replacement or substitution of the Pledge Agreement, whether or not expressly referencing the Transaction, and any amendment, modification or replacement of or substitution therefor, shall constitute a Credit Support Document under the Agreement.

Appears in 1 contract

Sources: Forward Delivery Transaction (Welsh Carson Anderson Stowe Viii Lp)