Common use of Delivery of Pledged Shares Clause in Contracts

Delivery of Pledged Shares. All certificates or instruments representing or evidencing the Pledged Shares shall be delivered to and held by or on behalf of the Pledgee 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 forms and substance satisfactory to the Pledgee. In addition, the Pledgee shall have the right at any time to exchange certificates or instruments representing or evidencing Pledged Shares for certificates or instruments of smaller or larger denominations.

Delivery of Pledged Shares. All certificates or instruments representing or evidencing the Pledged Shares shall be delivered to and held by or on behalf of the Pledgee Pledgee, pursuant hereto and shall be in suitable form for transfer by delivery, or duly endorsed and shall be accompanied by duly executed instruments of transfer or assignment assignments in blank, with signatures appropriately guaranteed, and accompanied in each case by any required transfer tax stamps, all in forms form and substance satisfactory to the Pledgee. In addition, the Pledgee shall have the right at any time to exchange certificates or instruments representing or evidencing Pledged Shares for certificates or instruments of smaller or larger denominations.

Delivery of Pledged Shares. All certificates certificates, instruments or instruments documents, if any, representing or evidencing the Pledged Shares shall be delivered to and held by or on behalf of the Pledgee pursuant hereto and hereto, shall be in suitable form for transfer by delivery, or and shall be accompanied by duly executed instruments of transfer or assignment in blank, all in forms form and substance satisfactory to the Pledgee. In addition, the Pledgee shall have the right at any time to exchange certificates or instruments representing or evidencing Pledged Shares for certificates or instruments of smaller or larger denominations.

Delivery of Pledged Shares. All certificates or and instruments representing or evidencing the Pledged Shares shall be delivered to Pledgee concurrently with the execution hereof, and shall be held by or on behalf of the Pledgee pursuant hereto hereto. Said certificates and instruments 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 forms form and substance satisfactory to the Pledgee. In addition, the Pledgee shall have the right at any time to exchange certificates or instruments representing or evidencing Pledged Shares for certificates or instruments of smaller or larger denominations.