Common use of Delivery of Collateral Clause in Contracts

Delivery of Collateral. All certificates or instruments representing or evidencing any Collateral, if deliverable, shall be delivered to and held by or on behalf of the Collateral Agent 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 evidence the security interests granted thereby. The Collateral Agent shall have the right, upon the occurrence and during the continuance of an Enforcement Event, to transfer to or to register in the name of the Collateral Agent or any of its nominees any or all of the Pledged Equity Interests, subject only to the revocable rights specified in Section 2.10(a). In addition, the Collateral Agent shall have the right at any time, upon the occurrence and during the continuance of an Enforcement Event, to exchange certificates or instruments representing or evidencing any Collateral for certificates or instruments of smaller or larger denominations.

Delivery of Collateral. All certificates or instruments representing or evidencing any Collateral, if deliverable, shall be delivered to and held by or on behalf of the Collateral Agent 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 evidence the security interests granted thereby. The Collateral Agent shall have the right, upon the occurrence and during the continuance of an Enforcement EventEvent of Default, to transfer to or to register in the name of the Collateral Agent or any of its nominees any or all of the Pledged Equity Interests, subject only to the revocable rights specified in Section 2.10(a). In addition, the Collateral Agent shall have the right at any time, upon the occurrence and during the continuance of an Enforcement EventEvent of Default, to exchange certificates or instruments representing or evidencing any Collateral for certificates or instruments of smaller or larger denominations.

Delivery of Collateral. All certificates or instruments representing or evidencing the Collateral at any Collateral, if deliverable, time shall be delivered to and held by or on behalf of the Collateral Administrative 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 evidence the security interests granted therebyAdministrative Agent. The Collateral Administrative Agent shall have the right, upon the occurrence and during the continuance of an Enforcement EventEvent of Default, in its discretion and without notice to Pledgor, to transfer to or to register in the name of the Collateral Administrative Agent or any of its nominees any or all of the Pledged Equity InterestsCollateral, subject only to compliance with Requirements of Law, the terms and conditions of the Credit Agreement and the revocable rights specified in Section 2.10(a9(a). In addition, the Collateral Administrative Agent shall have the right at any time, upon the occurrence and during the continuance of an Enforcement Event, time to exchange certificates or instruments representing or evidencing any Collateral for certificates or instruments of smaller or larger denominations.