Common use of Pledge of Securities Clause in Contracts

Pledge of Securities. The Company acknowledges and agrees that the Securities may be pledged by the Purchasers in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in effecting a pledge of Securities, the Purchasers shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this Agreement. The Company hereby agrees to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the Purchasers.

Pledge of Securities. The Company acknowledges and agrees that the Securities may be pledged by the Purchasers in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in effecting a pledge of Securities, Securities the Purchasers shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document. The Company hereby agrees to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the Purchasers.

Pledge of Securities. The Company acknowledges and agrees that the Securities may be pledged by the Purchasers Investor in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in effecting a pledge of Securities, the Purchasers Investor shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document, including, without limitation, Section 3(a)(vi) hereof. The Company hereby agrees to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the PurchasersInvestor.

Pledge of Securities. The Company acknowledges and agrees that the Securities may be pledged by the Purchasers Investor in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in the Investor effecting a pledge of Securities, the Purchasers Securities shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document. The Company hereby agrees to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the PurchasersInvestor.

Pledge of Securities. The Company acknowledges and agrees that the Securities may be pledged by the Purchasers any Investor in connection with a bona fide margin agreement or other bona fide loan or financing arrangement that is secured by the Securities. The Such pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in no Investor effecting a such pledge of Securities, the Purchasers Securities shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document. The Company hereby agrees agrees, subject to applicable securities laws, to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the Purchasersan Investor.

Pledge of Securities. The Company acknowledges and agrees that the Securities may be pledged by the Purchasers an Investor in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in no Investor effecting a pledge of Securities, the Purchasers Securities shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this Agreement. The Company hereby agrees to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the Purchasersan Investor.

Pledge of Securities. The Company acknowledges and agrees that that, subject to applicable securities laws, the Securities may be pledged by the Purchasers an Investor in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in no Investor effecting a pledge of Securities, the Purchasers Securities shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document or otherwise. The Company hereby agrees to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the Purchasersan Investor.

Pledge of Securities. The Company acknowledges and agrees that the Securities may be pledged in compliance with applicable law by the Purchasers any holder of Securities (an “Holder”) in connection with a bona fide margin agreement or (but not the enforcement of any pledge) other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in no Holder effecting a pledge of Securities, the Purchasers Securities shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document. The Company hereby agrees agrees, subject to applicable securities laws, to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the Purchasersa Holder.

Pledge of Securities. The Company acknowledges and agrees that the Securities may be pledged by the Purchasers in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in effecting a pledge of Securities, the Purchasers shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document. The Company Company, at the applicable Purchaser’s expense hereby agrees to execute and deliver such documentation as a pledgee of the Securities Purchasers may reasonably request in connection with a pledge of the Securities to such pledgee by the Purchasers.

Pledge of Securities. The Company acknowledges and agrees that the Securities may be pledged by the Purchasers Purchaser in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in effecting a pledge of Securities, the Purchasers Purchaser shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document. The Company Company, at the Purchaser’s expense hereby agrees to execute and deliver such documentation as a pledgee of the Securities Purchaser may reasonably request in connection with a pledge of the Securities to such pledgee by the PurchasersPurchaser.

Pledge of Securities. The Company acknowledges and agrees that the Securities may be pledged by the Purchasers Purchaser in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in effecting a pledge of Securities, Securities the Purchasers Purchaser shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document. The Company hereby agrees to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the PurchasersPurchaser.

Pledge of Securities. The Notwithstanding anything to the contrary contained in this Agreement, the Company acknowledges and agrees that the Securities may be pledged by the Purchasers Investor in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities, provided that such pledge is exempt from the registration provisions of state and federal securities laws. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of require the Securities hereunder, and in effecting a pledge of Securities, the Purchasers shall not be required Investor to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document. The Company hereby agrees to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the PurchasersInvestor.

Pledge of Securities. The Company acknowledges and agrees that the Securities may be pledged by the Purchasers Purchaser in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in the Purchaser effecting a pledge of Securities, the Purchasers Securities shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document. The Company hereby agrees to shall execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the PurchasersPurchaser.

Pledge of Securities. The Company acknowledges and agrees that the Securities may be pledged in compliance with applicable law by the Purchasers any holder of Securities (an “Investor”) in connection with a bona fide margin agreement or (but not the enforcement of any pledge) other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in no Investor effecting a pledge of Securities, the Purchasers Securities shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document. The Company hereby agrees agrees, subject to applicable securities laws, to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the Purchasersan Investor.

Pledge of Securities. The Company acknowledges and agrees that the Securities may be pledged by the Purchasers a Holder in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in effecting if a Holder effects a pledge of Securities, the Purchasers it shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document. The Company hereby agrees to shall execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the Purchasersa Holder.

Pledge of Securities. The Company acknowledges and agrees that the Securities may be pledged by any holder of the Purchasers Securities in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in no holder effecting a pledge of Securities, the Purchasers Securities shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document. The Company hereby agrees to execute and deliver such documentation as a pledgee of the Securities may reasonably request request, at the Buyer’s expense, in connection with a pledge of the Securities to such pledgee by the Purchaserssuch holder.

Pledge of Securities. The Company acknowledges and agrees that the Securities may be pledged by the Purchasers a Lender in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in no Lender effecting a pledge of Securities, the Purchasers Securities shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document. The At the Lenders’ expense, the Company hereby agrees to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the Purchasersa Lender.

Pledge of Securities. The Company acknowledges and agrees that the Securities may be pledged by an Investor (as defined in the Purchasers Registration Rights Agreement) in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in no Investor effecting a any such pledge of Securities, the Purchasers Securities shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document. The Company hereby agrees to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the Purchasersan Investor.

Pledge of Securities. The Subject to Section 2(h), the Company acknowledges and agrees that the Securities may be pledged by the Purchasers a Buyer in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in effecting no Buyer affecting a pledge of Securities, the Purchasers Securities shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document. The Company hereby agrees to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the Purchasersa Buyer.

Pledge of Securities. The Company acknowledges and agrees that the Securities may be pledged by the Purchasers an Investor in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in no Investor effecting a pledge of Securities, the Purchasers Securities shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document, including, without limitation, Section 2(f) hereof. The Company hereby agrees to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the Purchasersan Investor.

Pledge of Securities. The Company acknowledges and agrees that the Securities may be pledged by the Purchasers a Purchaser in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in no Purchaser effecting a pledge of Securities, the Purchasers Securities shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this Agreement. The Company hereby agrees to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by a Purchaser; provided that any and all costs to effect the Purchaserspledge of the Securities are borne by the pledgor and/or pledgee and not the Company.

Pledge of Securities. The Notwithstanding anything to the contrary contained in this Agreement, the Company acknowledges and agrees that the Securities may be pledged by the Purchasers an Investor in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in no Investor effecting a pledge of Securities, the Purchasers Securities shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this Agreement. The Company hereby agrees to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the Purchasersan Investor.

Pledge of Securities. The Company acknowledges and agrees that the Securities may be pledged by the Purchasers any holder of Securities (an " Investor ") in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in no Investor effecting a pledge of Securities, the Purchasers Securities shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document. The Company hereby agrees agrees, subject to applicable securities laws, to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the Purchasersan Investor.

Pledge of Securities. The Company acknowledges and agrees that the Securities may be pledged by an Investor (as defined in the Purchasers Registration Rights Agreement) in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in no Investor effecting a pledge of Securities, the Purchasers Securities shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document. The Company hereby agrees to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the Purchasersan Investor.

Pledge of Securities. The Company acknowledges and agrees that the Securities may be pledged by the Purchasers any holder of Securities (an “Investor”) in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in no Investor effecting a pledge of Securities, the Purchasers Securities shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document. The Company hereby agrees agrees, subject to applicable securities laws, to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the Purchasersan Investor.

Pledge of Securities. The Company acknowledges and agrees that the Securities may be pledged by the Purchasers Investors in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in no Investor effecting a pledge of Securities, the Purchasers Securities shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document. The Company hereby agrees to shall execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the PurchasersInvestors.

Pledge of Securities. The Company acknowledges and agrees that the Securities may be pledged by the Purchasers any Purchaser in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in effecting a pledge of Securities, the Purchasers no Purchaser shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document. The Company hereby agrees to shall execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the Purchasersany Purchaser.

Pledge of Securities. The Company acknowledges and agrees that the Securities -------------------- Securities, subject to the provisions of Rule 144, may be pledged by an Investor (as defined in the Purchasers Registration Rights Agreement) in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in no Investor effecting a pledge of Securities, the Purchasers Securities shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document. The Company hereby agrees to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the Purchasersan Investor.

Pledge of Securities. The Company acknowledges and agrees that the Securities may be pledged by an Investor, as defined in the Purchasers Registration Rights Agreement, in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in no Investor effecting a pledge of Securities, the Purchasers Securities shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document. The Company hereby agrees to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the Purchasersan Investor.

Pledge of Securities. The Notwithstanding anything to the contrary contained in this Agreement, the Company acknowledges and agrees that the Securities may be pledged by the Purchasers Buyers (or their direct or indirect transferees) in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The No holder of Notes effecting a pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in effecting a pledge of Securities, the Purchasers shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document. The Company hereby agrees to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the Purchasersa Buyer.

Pledge of Securities. The Notwithstanding anything to the contrary contained in this Agreement, the Company acknowledges and agrees that the Securities may be pledged by the Purchasers a Purchaser in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunderhereunder (except to the extent otherwise required under applicable law), and in no Purchaser effecting a pledge of Securities, the Purchasers Securities shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this Agreement. The Company hereby agrees to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the Purchasersa Purchaser.

Pledge of Securities. The Company acknowledges and agrees that the ---------------------- Securities may be pledged by an Investor (as defined in the Purchasers Registration Rights Agreement) in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in no Investor effecting a pledge of Securities, the Purchasers Securities shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document. The Company hereby agrees to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the Purchasersan Investor.

Pledge of Securities. The Company acknowledges and agrees that the Securities may be pledged by the Purchasers Purchaser in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in no Purchaser effecting a pledge of Securities, the Purchasers Securities shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document. The Company hereby agrees to shall execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the PurchasersPurchaser.

Pledge of Securities. The Company acknowledges and agrees that the Securities may be pledged by the Purchasers Purchaser in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in Purchaser effecting a pledge of Securities, the Purchasers Securities shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document. The Company hereby agrees to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the PurchasersPurchaser.

Pledge of Securities. The Company acknowledges and agrees that the Securities may be pledged by an Investor (as defined in the Purchasers Registration Rights Agreement) to any institutional “accredited investor” in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in no Investor effecting a pledge of Securities, the Purchasers Securities shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document. The Company hereby agrees agrees, subject to applicable securities laws, to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the Purchasersan Investor.

Pledge of Securities. The Company acknowledges and agrees that the Securities may be pledged by the Purchasers Holder in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in effecting if the Holder effects a pledge of Securities, the Purchasers Securities it shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this Agreement or any Other Agreement. The Company hereby agrees to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the Purchasers.Holder. (Signature Pages Follow)

Pledge of Securities. The Notwithstanding anything to the contrary contained herein, the Company acknowledges and agrees that the Securities Shares may be pledged by the Purchasers an Investor in connection with a bona fide margin agreement or other bona fide loan or financing arrangement that is secured by the SecuritiesShares. The pledge of Securities Shares shall not be deemed to be a transfer, sale or assignment of the Securities Shares hereunder, except as may otherwise be required under applicable securities laws, and in no Investor effecting a pledge of Securities, the Purchasers Shares shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document. The Company hereby agrees to execute and deliver such documentation as a pledgee of the Securities Shares may reasonably request in connection with a pledge of the Securities Shares to such pledgee by the Purchasersan Investor.

Pledge of Securities. The Notwithstanding anything to the contrary contained in this Agreement, the Company acknowledges and agrees that the Securities may be pledged by the Purchasers Maxim in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and Maxim, in effecting a pledge of Securities, the Purchasers shall be not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this Agreement. The Company hereby agrees to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the PurchasersMaxim.

Pledge of Securities. The Company acknowledges and agrees that the Securities may be pledged by the Purchasers Purchaser in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in effecting a pledge of Securities, the Purchasers Purchaser shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document. The Company Company, at the applicable Purchaser’s expense hereby agrees to execute and deliver such documentation as a pledgee of the Securities Purchaser may reasonably request in connection with a pledge of the Securities to such pledgee by the PurchasersPurchaser. 3.7.

Pledge of Securities. The Company acknowledges and agrees that the Securities may be pledged by the Purchasers Investor in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in no Investor effecting a pledge of Securities, the Purchasers Securities shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document. The Company hereby agrees to execute and deliver such documentation as a any pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the PurchasersInvestor.

Pledge of Securities. The Company acknowledges and agrees that the Securities may be pledged by the Purchasers a Lender in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in no Lender effecting a pledge of Securities, the Purchasers Securities shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document. The At the Lenders' expense, the Company hereby agrees to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the Purchasersa Lender.

Pledge of Securities. The Notwithstanding anything to the contrary in this Agreement, the Company acknowledges and agrees that the Securities may be pledged by the Purchasers a Buyer in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The , and no Buyer effecting a pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in effecting a pledge of Securities, the Purchasers shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document. The Company hereby agrees to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the Purchasersa Buyer.

Pledge of Securities. The Company acknowledges and agrees that the Securities may be pledged by the Purchasers any holder of Securities (an “Investor”) in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The Any such pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in no Investor effecting a pledge of Securities, the Purchasers Securities shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document. The Company hereby agrees to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the Purchasersan Investor.

Pledge of Securities. The Notwithstanding anything to the contrary contained in this Agreement, the Company acknowledges and agrees that the Securities may be pledged by the Purchasers an Investor in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in no Investor effecting a pledge of Securities, the Purchasers Securities shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this Agreement. The Company hereby agrees to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the Purchasersa Buyer.

Pledge of Securities. The Company acknowledges and agrees that the Securities may be pledged by the Purchasers any Buyer in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The Any such pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in no Buyer effecting a pledge of Securities, the Purchasers Securities shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document. The Company hereby agrees to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the Purchasersa Buyer.

Pledge of Securities. The Company acknowledges and agrees that the Securities may be pledged by a Holder (as defined in the Purchasers Registration Rights Agreement) in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in neither the Buyer nor its successor or assign thereof effecting a pledge of Securities, the Purchasers Securities shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document. The Company hereby agrees to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the PurchasersBuyer.

Pledge of Securities. The Company acknowledges and agrees Companies acknowledge that the Securities may be pledged by the Purchasers Investor in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in effecting a pledge of Securities, the Purchasers Investor shall not be required to provide the Company Companies with any notice thereof or otherwise make any delivery to the Company Companies pursuant to this AgreementAgreement or any other Transaction Document. The For so long as the Investor owns any Securities, each Company hereby agrees to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by the PurchasersInvestor.

Pledge of Securities. The Company acknowledges and agrees that the Securities may be pledged by the Purchasers any Investor in connection with a bona fide margin agreement or other loan or financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in no Investor effecting a pledge of Securities, the Purchasers Securities shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this AgreementAgreement or any other Transaction Document. The Company hereby agrees to shall execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by an Investor, provided that any expenses incurred by the PurchasersCompany in connection with any such request shall be the exclusive responsibility of the Investor making such request.

Pledge of Securities. The Company acknowledges and agrees that the Securities may be pledged by the Purchasers a Purchaser in connection with a bona fide margin agreement or other loan or 30 financing arrangement that is secured by the Securities. The pledge of Securities shall not be deemed to be a transfer, sale or assignment of the Securities hereunder, and in no Purchaser effecting a pledge of Securities, the Purchasers Securities shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this Agreement. The Company hereby agrees to execute and deliver such documentation as a pledgee of the Securities may reasonably request in connection with a pledge of the Securities to such pledgee by a Purchaser; provided that any and all costs to effect the Purchaserspledge of the Securities are borne by the pledgor and/or pledgee and not the Company.