Common use of Perfection of Uncertificated Securities Collateral Clause in Contracts

Perfection of Uncertificated Securities Collateral. If any issuer of Pledged Securities is organized in a jurisdiction which does not permit the use of certificates to evidence equity ownership, or if any of the Pledged Securities are at any time not evidenced by certificates of ownership, then each applicable Pledgor shall, to the extent permitted by applicable law, record such pledge on the equity-holder register or the books of the issuer, cause the issuer to execute and deliver to the Administrative Agent an acknowledgment of the pledge of such Pledged Securities substantially in the form of Exhibit 1 annexed hereto, execute any customary pledge forms or other documents necessary or appropriate to complete the pledge and give the Administrative Agent the right to transfer such Pledged Securities pursuant to the terms hereof and provide to the Administrative Agent an opinion of counsel, in form and substance satisfactory to the Administrative Agent, confirming such pledge.

Perfection of Uncertificated Securities Collateral. If any issuer of Pledged Securities is organized in a jurisdiction which does not permit the use of certificates to evidence equity ownership, or if any of the Pledged Securities are at any time not evidenced by certificates of ownership, then each applicable Pledgor shall, to the extent permitted by applicable law, record such pledge on the equity-holder equityholder register or the books of the issuer, cause the issuer to execute and deliver to the Administrative Collateral Agent an acknowledgment of the pledge of such Pledged Securities substantially in the form of Exhibit 1 annexed hereto, execute any customary pledge forms or other documents necessary or appropriate to complete the pledge and give the Administrative Collateral Agent the right to transfer such Pledged Securities pursuant to under the terms hereof and and, if requested subsequent to the date hereof, provide to the Administrative Collateral Agent an opinion of counsel, in form and substance satisfactory to the Administrative Collateral Agent, confirming such pledge.

Perfection of Uncertificated Securities Collateral. If Each Pledgor hereby agrees that if any issuer of Pledged Securities is organized in a jurisdiction which does not permit the use of certificates to evidence equity ownership, or if any of the Pledged Securities are at any time not evidenced by certificates of ownership, then each applicable Pledgor shall, to the extent permitted by applicable lawApplicable Law, record request that such pledge be recorded on the equity-holder equityholder register or the books of the issuer, cause request that the issuer to execute and deliver to the Administrative Collateral Agent an acknowledgment of the pledge of such Pledged Securities substantially in the form of Exhibit 1 annexed hereto, execute any customary pledge forms or other documents necessary or appropriate to complete the pledge and give the Administrative Collateral Agent the right to transfer such Pledged Securities pursuant to under the terms hereof and provide to the Administrative Agent an opinion of counsel, in form and substance satisfactory to the Administrative Agent, confirming such pledgehereof.

Perfection of Uncertificated Securities Collateral. If any issuer of Pledged Securities is organized in a jurisdiction which does not permit the use of certificates to evidence equity ownership, or if any of the Pledged Securities are at any time not evidenced by certificates of ownership, then each applicable Pledgor shall, to the extent permitted by applicable law, record such pledge on the equity-holder equityholder register or the books of the issuer, cause the issuer to execute and deliver to the Administrative Agent Trustee an acknowledgment of the pledge of such Pledged Securities substantially in the form of Exhibit 1 annexed hereto, execute any customary pledge forms or other documents necessary or appropriate to complete the pledge and give the Administrative Agent Trustee the right to transfer such Pledged Securities pursuant to under the terms hereof and provide to the Administrative Agent Trustee an opinion of counsel, in form and substance satisfactory to the Administrative AgentTrustee, confirming such pledge.

Perfection of Uncertificated Securities Collateral. If any issuer of Pledged Securities is organized in a jurisdiction which does not permit the use of certificates to evidence equity ownership, or if any of the Pledged Securities are at any time not evidenced by certificates of ownership, then each applicable Pledgor shall, to the extent permitted by applicable law, record such pledge on the equity-holder equityholder register or the books of the issuer, cause the issuer to execute and deliver to the Administrative Agent an acknowledgment of the pledge of such Pledged Securities substantially in the form of Exhibit 1 annexed hereto, execute any customary pledge forms or other documents necessary or appropriate to complete the pledge and give the Administrative Agent the right to transfer such Pledged Securities pursuant to the terms hereof and provide to the Administrative Agent an opinion of counsel, in form and substance satisfactory to the Administrative Agent, confirming such pledge.

Perfection of Uncertificated Securities Collateral. If any issuer of Pledged Securities is organized in a jurisdiction which does not permit the use of certificates to evidence equity ownership, or if any of the Pledged Securities are at any time not evidenced by certificates of ownership, then each applicable Pledgor shall, to the extent permitted by applicable law, record such pledge on the equity-holder equityholder register or the books of the issuer, cause the issuer to execute and deliver to the Administrative Collateral Agent an acknowledgment of the pledge of such Pledged Securities substantially in the form of Exhibit 1 annexed hereto, execute any customary pledge forms or other documents necessary or appropriate to complete the pledge and give the Administrative Collateral Agent the right to transfer such Pledged Securities pursuant to under the terms hereof and provide to the Administrative Collateral Agent an opinion of counsel, in form and substance satisfactory to the Administrative Collateral Agent, confirming such pledgepledge and perfection thereof.

Perfection of Uncertificated Securities Collateral. If any issuer of Pledged Securities is organized in a jurisdiction which does not permit the use of certificates to evidence equity ownership, or if any of the Pledged Securities are at any time not evidenced by certificates of ownership, then each applicable Pledgor shall, to the extent permitted by applicable law, record such pledge on the equity-holder equityholder register or the books of the issuer, cause the issuer to execute and deliver to the Administrative Agent Trustee an acknowledgment of the pledge of such Pledged Securities substantially in the form of Exhibit 1 annexed hereto, execute any customary pledge forms or other --------- documents necessary or appropriate to complete the pledge and give the Administrative Agent Trustee the right to transfer such Pledged Securities pursuant to under the terms hereof and provide to the Administrative Agent Trustee an opinion of counsel, in form and substance satisfactory to the Administrative AgentTrustee, confirming such pledgepledge and perfection thereof.

Perfection of Uncertificated Securities Collateral. If any issuer of Pledged Securities is organized in a jurisdiction which does not permit the use of certificates to evidence equity ownership, or if any of the Pledged Securities are at any time not evidenced by certificates of ownership, then each applicable Pledgor shall, to the extent permitted by applicable law, record such pledge on the equity-holder equityholder register or the books of the issuer, cause the issuer to execute and deliver to the Administrative Collateral Agent an acknowledgment of the pledge of such Pledged Securities substantially in the form of Exhibit 1 annexed hereto, execute any customary pledge forms or other documents necessary or appropriate to complete the pledge and give the Administrative Collateral Agent the right to transfer such Pledged Securities pursuant to under the terms hereof and provide to the Administrative Collateral Agent an opinion of counsel, in form and substance satisfactory to the Administrative Collateral Agent, confirming such pledge.pledge and perfection thereof

Perfection of Uncertificated Securities Collateral. If any issuer Issuer of Pledged Securities Equity Interests is organized in a jurisdiction which that does not permit the use of certificates to evidence equity ownership, or if any of the Pledged Securities Equity Interests are at any time not evidenced by certificates of ownership, then each applicable Pledgor shall, to the extent permitted by applicable law, record such pledge on the equity-holder equityholder register or the books of the issuerIssuer, cause the issuer Issuer to execute and deliver to the Administrative Collateral Agent an acknowledgment of the pledge of such Pledged Securities Equity Interests substantially in the form of Exhibit 1 A annexed heretohereto and, upon Collateral Agent’s request therefor, execute any customary pledge forms or other documents necessary or appropriate to complete the pledge and give the Administrative Collateral Agent the right to transfer such Pledged Securities pursuant to Equity Interests under the terms hereof and provide to the Administrative Collateral Agent an opinion of counsel, in form and substance satisfactory to the Administrative Collateral Agent, confirming such pledgepledge and perfection thereof.