Common use of Pledge of Stock Etc Clause in Contracts

Pledge of Stock Etc. (a) The Company hereby pledges, assigns, grants to the Trustee or its agent a security interest in (A) the number of shares of HHI Stock set forth on ANNEX A hereto, currently held by The First National Bank of Boston, ("FNBB"), as collateral agent for the Original Trustee under the Intercreditor Agreement, dated as of March 2, 1993 between FNBB and the Trustee, (B) the number of shares common and preferred Brookwood Stock currently held by the Chase Manhattan Bank, N.A. ("Chase"), as collateral agent for the Trustee under the Intercreditor Agreement, dated as of March 2, 1993, between Chase and the Trustee, and (C) the number of shares of BSH Stock to be held by Bank One, Texas, N.A., as agent ("Bank One"), as collateral agent for the Trustee under the Intercreditor Agreement, dated as of ________, 1998, between Bank One and the Trustee, all for the benefit of the holders from time to time of the Securities, subject to the terms and conditions hereinafter set forth. The certificates for such shares, accompanied by stock powers or other appropriate instruments of assignment thereof duly executed in blank by the Company, have been delivered to the Trustee or its agents (including FNBB, Chase and Bank One). The pledge and assignment of the HHI Stock is junior and subordinate to the pledge and assignment thereof to the Original Trustee pursuant to the Original Pledge Agreement and is subject to the terms and conditions contained in the Original Indenture and the Original Pledge Agreement; and the pledge and assignment of the Brookwood Stock is junior and subordinate to the pledges and assignments thereof to (i) The Bank of New York as security for the Company's guaranty of certain indebtedness of BCI to The Bank of New York and (ii) the Original Trustee pursuant to the Original Pledge Agreement and subject to the terms and conditions contained in the Original Indenture and the Original Pledge Agreement.

Pledge of Stock Etc. (a) The Company hereby pledges, assigns, grants to the Trustee or its agent a security interest in (A) the number of shares of HHI Stock set forth on ANNEX Annex A hereto, currently held by the Original Trustee, (B) the number of shares common and preferred Brookwood Stock currently held by The First National Bank of Boston, New York ("FNBBBONY"), as collateral agent for the Original Trustee under the Intercreditor Agreement, dated as of March 2January 7, 1993 1997, between FNBB BONY and the Trustee, (B) the number of shares common and preferred Brookwood Stock currently held by the Chase Manhattan Bank, N.A. ("Chase"), as collateral agent for the Trustee under the Intercreditor Agreement, dated as of March 2, 1993, between Chase and the Original Trustee, and (C) the number of shares of BSH Stock to be held by Bank One, Texas, N.A., as agent ("Bank One"), as collateral agent for the Original Trustee under the Intercreditor Agreement, dated as of ________, 1998, between Bank One and the Trustee, all for the benefit of the holders from time to time of the Securities, subject to the terms and conditions hereinafter set forth. The certificates for such shares, accompanied by stock powers or other appropriate instruments of assignment thereof duly executed in blank by the Company, have been delivered to the Original Trustee or its the Trustee, as appropriate, or their respective agents (including FNBB, Chase BONY and Bank One). The pledge and assignment of the HHI Stock is junior and subordinate to the pledge and assignment thereof to the Original Trustee pursuant to the Original Pledge Agreement and is subject to the terms and conditions contained in the Original Indenture and the Original Pledge Agreement; and the pledge and assignment of the Brookwood Stock is junior and subordinate to the pledges and assignments thereof to (i) The Bank of New York as security for the Company's guaranty of certain indebtedness of BCI to The Bank of New York and (ii) the Original Trustee pursuant to the Original Pledge Agreement and subject to the terms and conditions contained in the Original Indenture and the Original Pledge Agreement.

Pledge of Stock Etc. (a) The Company hereby pledges, assigns, grants to the Trustee or its agent a security interest in (A) the number of shares of HHI Stock set forth on ANNEX Annex A hereto, currently held by the Original Trustee, (B) the number of shares common and preferred Brookwood Stock currently held by The First National Bank of Boston, New York ("FNBBBONY"), as collateral agent for the Original Trustee under the Intercreditor Agreement, dated as of March 2January 7, 1993 1997, between FNBB BONY and the Trustee, (B) the number of shares common and preferred Brookwood Stock currently held by the Chase Manhattan Bank, N.A. ("Chase"), as collateral agent for the Trustee under the Intercreditor Agreement, dated as of March 2, 1993, between Chase and the Original Trustee, and (C) the number of shares of BSH Stock to be held by Bank One, Texas, N.A., as agent ("Bank One"), as collateral agent for the Original Trustee under the Intercreditor Agreement, dated as of ________August 31, 1998, between Bank One and the Trustee, all for the benefit of the holders from time to time of the Securities, subject to the terms and conditions hereinafter set forth. The certificates for such shares, accompanied by stock powers or other appropriate instruments of assignment thereof duly executed in blank by the Company, have been delivered to the Original Trustee or its the Trustee, as appropriate, or their respective agents (including FNBB, Chase BONY and Bank One). The pledge and assignment of the HHI Stock is junior and subordinate to the pledge and assignment thereof to the Original Trustee pursuant to the Original Pledge Agreement and is subject to the terms and conditions contained in the Original Indenture and the Original Pledge Agreement; and the pledge and assignment of the Brookwood Stock is junior and subordinate to the pledges and assignments thereof to (i) The Bank of New York as security for the Company's guaranty of certain indebtedness of BCI to The Bank of New York and (ii) the Original Trustee pursuant to the Original Pledge Agreement and subject to the terms and conditions contained in the Original Indenture and the Original Pledge Agreement.

Pledge of Stock Etc. (a) The Company hereby pledges, assigns, grants to the Trustee or its agent a security interest in (A) the number of shares of HHI Stock set forth on ANNEX A hereto, currently held by the Original Trustee, (B) the number of shares of common and preferred Brookwood Stock held by The First National Bank of Boston, New York ("FNBBBONY"), as collateral agent for the Original Trustee under the Intercreditor Agreement, dated as of March 2January 7, 1993 1997, between FNBB BONY and the Trustee, (B) the number of shares common and preferred Brookwood Stock currently held by the Chase Manhattan Bank, N.A. ("Chase"), as collateral agent for the Trustee under the Intercreditor Agreement, dated as of March 2, 1993, between Chase and the Original Trustee, and (C) the number of shares of BSH Stock to be held by Bank One, Texas, N.A., as agent ("Bank One"), as collateral agent for the Original Trustee under the Intercreditor Agreement, dated as of ________, 1998, between Bank One and the Trustee, all for the benefit of the holders from time to time of the Securities, subject to the terms and conditions hereinafter set forth. The certificates for such shares, accompanied by stock powers or other appropriate instruments of assignment thereof duly executed in blank by the Company, have been delivered to the Original Trustee or its the Trustee, as appropriate, or their respective agents (including FNBB, Chase BONY and Bank One). The pledge and assignment of the HHI Stock is junior and subordinate to the pledge and assignment thereof to the Original Trustee pursuant to the Original Pledge Agreement and is subject to the terms and conditions contained in the Original Indenture and the Original Pledge Agreement; and the pledge and assignment of the Brookwood Stock is junior and subordinate to the pledges and assignments thereof to (i) The Bank of New York as security for the Company's guaranty of certain indebtedness of BCI to The Bank of New York and (ii) the Original Trustee pursuant to the Original Pledge Agreement and subject to the terms and conditions contained in the Original Indenture and the Original Pledge Agreement.