Delivery of the Pledged Shares Sample Clauses

Delivery of the Pledged Shares. Obligor shall deliver to Agent, which the Secured Party hereby appoints as its agent for the purpose of accepting delivery of and holding the Pledged Shares, simultaneously with or promptly following the execution and delivery of this Agreement, all certificates representing the Pledged Shares endorsed in blank for transfer or accompanied by stock powers executed in blank for transfer of the Pledged Shares, with medallion guarantees. Prior to delivery to the Agent, all such certificates representing Pledged Shares shall be held in trust by Obligor for the benefit of the Secured Party pursuant hereto. All such certificates shall be delivered in suitable form for transfer by delivery or shall be accompanied by duly executed instruments of transfer or assignment in blank, substantially in the form provided in Exhibit B attached hereto. Obligor further agrees to execute and deliver to the Secured Party such UCC or other applicable financing statements or other filing or registration as may be reasonably requested by the Secured Party in order to perfect and protect the security interest created hereby in the Pledged Shares or to deliver to the Secured Party such instruments and similar documents with respect to the Pledged Shares as the Secured Party may reasonably request.
Sample 1
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Delivery of the Pledged Shares. Pledgor shall deliver to Secured Party, concurrently with the execution of this Pledge Agreement, the certificate(s) representing the Pledged Shares accompanied by an appropriate instrument of assignment duly executed in blank by Pledgor and such certificates shall be in transferable form.
Sample 1
Delivery of the Pledged Shares. All certificates or instruments representing or evidencing the Pledged Shares shall be promptly delivered by the Company or the Principals to a mutually acceptable designee to be held on behalf of iNTELEFILM 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 iNTELEFILM.
Sample 1
Delivery of the Pledged Shares. Contemporaneously with the -------------------------------------------- execution of this Pledge Agreement, Pledgor shall deliver to Stockholder all certificates representing or evidencing the Pledged Shares. In addition, Pledgor shall deliver to Stockholder's attorneys, Weycer Xxxxxx, Pulaski & Xxxxx, P.C. ("WKPZ") a duly executed stock power, executed in blank, in the form attached as Exhibit "A." If an Event of Default shall have occurred and be continuing, Stockholder may notify Pledgor of its intention to exercise its rights hereunder, and forward a copy of such notice to WKPZ. Upon receipt of such copy, WKPZ shall be authorized to deliver such stock power to Pledgor, without any obligation of WKPZ to make any independent investigation of the facts stated therein. Pledgor shall receive all certificates, cash, instruments, and other property or proceeds from time to time received, receivable, or otherwise distributed in respect of or in exchange for any or all of the Pledged Shares in trust for Stockholder and shall immediately upon receipt deliver to Stockholder such certificates, cash, instruments, and other property and proceeds, together with any necessary endorsement; provided, however, that Stockholder acknowledges and agrees that Pledgor shall be entitled to receive, retain and use any and all cash dividends subject to the terms and conditions of a Security Agreement of even date herewith declared on account of the Pledged Stock, free and clear of the security interest granted hereunder, unless an Event of Default shall have occurred and be continuing and Stockholder shall have notified Pledgor of Stockholder's intention to exercise its rights under this Section 2.2.
Sample 1

Related to Delivery of the Pledged Shares

  • Delivery of the Pledged Collateral Each Pledgor hereby agrees that:

  • Pledged Shares (i) One hundred percent (100%) (or, if less, the full amount owned by such Pledgor) of the issued and outstanding Capital Stock owned by such Pledgor of each Domestic Subsidiary set forth on Schedule 2(a) attached hereto and (ii) sixty-five percent (65%) (or, if less, the full amount owned by such Pledgor) of the issued and outstanding shares of Capital Stock entitled to vote (within the meaning of Treas. Reg. Section 1.956-2(c)(2)) ("Voting Equity") and one hundred percent (100%) (or, if less, the full amount owned by such Pledgor) of the issued and outstanding Capital Stock not entitled to vote (within the meaning of Treas. Reg. Section 1.956-2(c)(2)) ("Non-Voting Equity") owned by such Pledgor of each Foreign Subsidiary set forth on Schedule 2(a) attached hereto, in each case together with the certificates (or other agreements or instruments), if any, representing such Capital Stock, and all options and other rights, contractual or otherwise, with respect thereto (collectively, together with the Capital Stock described in Section 2(b) and 2(c) below, the "Pledged Shares"), including, but not limited to, the following:

  • Delivery of Pledged Shares Upon the execution of this Pledge Agreement, Pledgor shall deliver to the Company the certificate(s) representing the Pledged Shares, together with duly executed forms of assignment sufficient to transfer title thereto to the Company.

  • As to Pledged Shares In the case of any Pledged Shares constituting Collateral, all of such Pledged Shares are duly authorized and validly issued, fully paid, and non-assessable, and constitute all of the issued and outstanding capital stock of each Securities Issuer thereof. The Grantors have no Subsidiaries other than the Securities Issuers and Timberlands II.

  • Delivery of Pledged Securities Upon the execution of this Pledge Agreement, the Pledgor shall deliver to the Company the certificates representing the Pledged Securities, together with duly executed forms of assignment sufficient to transfer title thereto to the Company. Upon the exercise of any Pledged Option, in lieu of delivering certificates to the Pledgor, the Company will retain the certificates and such certificates will be subject to this Pledge Agreement.

  • Pledged Stock In the case of each Grantor that is an Issuer, such Issuer agrees that (i) it will be bound by the terms of this Agreement relating to the Pledged Stock issued by it and will comply with such terms insofar as such terms are applicable to it, (ii) it will notify the Collateral Agent promptly in writing of the occurrence of any of the events described in Subsection 5.3.1 with respect to the Pledged Stock issued by it and (iii) the terms of Subsections 6.3(c) and 6.7 shall apply to it, mutatis mutandis, with respect to all actions that may be required of it pursuant to Subsection 6.3(c) or 6.7 with respect to the Pledged Stock issued by it.

  • Pledged Securities (a) If such Grantor shall become entitled to receive or shall receive any stock certificate (including, without limitation, any certificate representing a stock dividend or a distribution in connection with any reclassification, increase or reduction of capital or any certificate issued in connection with any reorganization), option or rights in respect of the Capital Stock of any Issuer, whether in addition to, in substitution of, as a conversion of, or in exchange for, any shares of the Pledged Stock, or otherwise in respect thereof, such Grantor shall accept the same as the agent of the Administrative Agent and the Lenders, hold the same in trust for the Administrative Agent and the Lenders and deliver the same forthwith to the Administrative Agent in the exact form received, duly indorsed by such Grantor to the Administrative Agent, if required, together with an undated stock power covering such certificate duly executed in blank by such Grantor and with, if the Administrative Agent so requests, signature guaranteed, to be held by the Administrative Agent, subject to the terms hereof, as additional collateral security for the Obligations. Any sums paid upon or in respect of the Pledged Securities upon the liquidation or dissolution of any Issuer shall be paid over to the Administrative Agent to be held by it hereunder as additional collateral security for the Obligations, and in case any distribution of capital shall be made on or in respect of the Pledged Securities or any property shall be distributed upon or with respect to the Pledged Securities pursuant to the recapitalization or reclassification of the capital of any Issuer or pursuant to the reorganization thereof, the property so distributed shall, unless otherwise subject to a perfected security interest in favor of the Administrative Agent, be delivered to the Administrative Agent to be held by it hereunder as additional collateral security for the Obligations. If any sums of money or property so paid or distributed in respect of the Pledged Securities shall be received by such Grantor, such Grantor shall, until such money or property is paid or delivered to the Administrative Agent, hold such money or property in trust for the Lenders, segregated from other funds of such Grantor, as additional collateral security for the Obligations.

  • Delivery of Share Certificates Within a reasonable time after the exercise of the Option the Company shall cause to be delivered to the Optionee, his or her legal representative or his or her beneficiary, a certificate for the Shares purchased pursuant to the exercise of the Option.

  • Pledged Stock; Stock Powers; Pledged Notes The Administrative Agent shall have received (i) the certificates representing the shares of Capital Stock pledged pursuant to the Guarantee and Collateral Agreement, together with an undated stock power for each such certificate executed in blank by a duly authorized officer of the pledgor thereof and (ii) each promissory note (if any) pledged to the Administrative Agent pursuant to the Guarantee and Collateral Agreement endorsed (without recourse) in blank (or accompanied by an executed transfer form in blank) by the pledgor thereof.

  • Voting Rights in Respect of the Pledged Collateral (i) So long as no Event of Default shall have occurred and be continuing, to the extent permitted by law, each Pledgor may exercise any and all voting and other consensual rights pertaining to the Pledged Collateral of such Pledgor or any part thereof for any purpose not inconsistent with the terms of this Pledge Agreement or the Credit Agreement; and

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