Common use of Delivery of Pledged Securities Clause in Contracts

Delivery of Pledged Securities. All Pledged Securities (other than any Pledged Stock) shall be delivered to the Agent by LTC pursuant hereto endorsed to the order of the Agent, and accompanied by any required transfer tax stamps, all in form and substance satisfactory to the Agent. All certificates representing Pledged Stock delivered to the Agent by LTC pursuant hereto shall be in suitable form for transfer by delivery, or shall be accompanied by duly executed instruments of transfer or assignment in blank, with signatures appropriately guaranteed, and accompanied by any required transfer tax stamps, all in form and substance satisfactory to the Agent.

Delivery of Pledged Securities. All Pledged Securities (other than any Pledged Stock) shall be delivered to the Agent by LTC HIG pursuant hereto endorsed to the order of the Agent, and accompanied by any required transfer tax stamps, all in form and substance satisfactory to the Agent. All certificates representing Pledged Stock delivered to the Agent by LTC HIG pursuant hereto shall be in suitable form for transfer by delivery, or shall be accompanied by duly executed instruments of transfer or assignment in blank, with signatures appropriately guaranteed, and accompanied by any required transfer tax stamps, all in form and substance satisfactory to the Agent.