Common use of Delivery and Control of Security Collateral Clause in Contracts

Delivery and Control of Security Collateral. (a) Any certificates or instruments representing or evidencing Security Collateral shall be delivered to and held by or on behalf of the Collateral Trustee pursuant hereto and shall be in suitable form for transfer by delivery, or shall be accompanied by duly executed instruments of transfer or assignment in blank, all in form and substance satisfactory to the Collateral Trustee. The Collateral Trustee shall have the right, at any time in its discretion and without notice to any Pledgor, to transfer to or to register in the name of the Collateral Trustee or any of its nominees any or all of the certificates and instruments representing or evidencing the Security Collateral, if any, subject only to the revocable rights specified in Section 9(a). In addition, the Collateral Trustee shall have the right at any time to exchange certificates or instruments representing or evidencing Security Collateral, if any, for certificates or instruments of smaller or larger denominations.

Delivery and Control of Security Collateral. (a) Any All ------------------------------------------- certificates or instruments representing or evidencing Security Collateral shall be delivered to and held by or on behalf of the Collateral Trustee Agent pursuant hereto and shall be in suitable form for transfer by delivery, or shall be accompanied by duly executed instruments of transfer or assignment in blank, all in form and substance satisfactory to the Collateral TrusteeAgent. The Collateral Trustee Agent shall have the right, at any time in its discretion and without notice to any PledgorGrantor, to transfer to or to register in the name of the Collateral Trustee Agent or any of its nominees any or all of the certificates and instruments representing or evidencing the Security Collateral, if any, subject only to the revocable rights specified in Section 9(a14(a). In addition, so long as no Default shall have occurred and be continuing, the Collateral Trustee Agent shall have the right at any time to exchange certificates or instruments representing or evidencing Security Collateral, if any, Collateral for certificates or instruments of smaller or larger denominations.

Delivery and Control of Security Collateral. (a) Any All certificates or instruments representing or evidencing Security Collateral shall be delivered to and held by or on behalf of the Collateral Trustee Agent pursuant hereto and shall be in suitable form for transfer by delivery, or shall be accompanied by duly executed endorsements, instruments of transfer or assignment in blank, all in form and substance satisfactory to the Collateral TrusteeAgent. The Collateral Trustee Agent shall have the right, at any time in its discretion and without notice to any PledgorGrantor, to transfer to or to <PAGE> 7 register in the name of the Collateral Trustee Agent or any of its nominees any or all of the certificates and instruments representing or evidencing the Security Collateral, if any, subject only to the revocable rights specified in Section 9(a13(a). In addition, the Collateral Trustee Agent shall have the right at any time to exchange certificates or instruments representing or evidencing Security Collateral, if any, Collateral for certificates or instruments of smaller or larger denominations.