Common use of Pledge upon Reorganization Event Clause in Contracts

Pledge upon Reorganization Event. Upon the occurrence of a Reorganization Event, Pledgor shall immediately cause to be delivered to the Collateral Agent, in the manner provided in Section 5.4: (i) cash in an amount equal to 100% of Pledgor's Cash Delivery Obligations (or U.S. Government Securities having an aggregate Market Value when pledged and at daily mark-xx-market valuations thereafter at least equal to 105% of the Cash Delivery Obligations); and (ii) Marketable Securities in an amount at least equal to the Maximum Deliverable Number of such securities, or, at Pledgor's election, U.S. Government Securities having an aggregate Market Value when pledged and at daily mark-xx-market valuations thereafter at least equal to 150% of such Maximum Deliverable Number of Marketable Securities, in each case to be held as substitute Collateral hereunder.

Pledge upon Reorganization Event. Upon the occurrence of a Reorganization Event, the Pledgor shall immediately cause to be delivered to the Collateral Agent, in the manner provided in Section 5.4: 6(d): (i) cash in an amount equal to 100% of Pledgor's Cash Delivery Obligations (or U.S. Government Securities having an aggregate Market Value when pledged and at daily markxxxx-xxto-market valuations thereafter at least equal to 105% of the Cash Delivery Obligations); and (ii) Marketable Securities in an amount at least equal to the Maximum Deliverable Number of such securitiesthereof, or, at Pledgor's election, U.S. Government Securities having an aggregate Market Value when pledged and at daily mark-xx-market valuations thereafter at least equal to 150% of such Maximum Deliverable Number of Marketable Securities, ; in each case to be held as substitute Collateral hereunder.

Pledge upon Reorganization Event. Upon the occurrence of a Reorganization Event, the Pledgor shall immediately cause to be delivered to the Collateral Agent, in the manner provided in Section 5.4: 6(d): (i) cash in an amount equal to 100% of Pledgor's Cash Delivery Obligations (or U.S. Government Securities having an aggregate Market Value when pledged and at daily mark-xx-market valuations thereafter at least equal to 105% of the Cash Delivery Obligations); and (ii) Marketable Securities in an amount at least equal to the Maximum Deliverable Number of such securitiesthereof, or, at Pledgor's election, U.S. Government Securities having an aggregate Market Value when pledged and at daily mark-xx-market valuations thereafter at least equal to 150% of such Maximum Deliverable Number of Marketable Securities, ; in each case to be held as substitute Collateral hereunder.

Pledge upon Reorganization Event. Upon the occurrence of a Reorganization Event, Pledgor shall immediately cause to be delivered to the Collateral Agent, in the manner provided in Section 5.4: (i) cash in an amount equal to 100% of Pledgor's ’s Cash Delivery Obligations (or U.S. Government Securities having an aggregate Market Value when pledged and at daily markmxxx-xxto-market valuations thereafter at least equal to 105% of the Cash Delivery Obligations); and (ii) Marketable Securities in an amount at least equal to the Maximum Deliverable Number of such securities, or, at Pledgor's ’s election, U.S. Government Securities having an aggregate Market Value when pledged and at daily markmxxx-xxto-market valuations thereafter at least equal to 150% of such Maximum Deliverable Number of Marketable Securities, in each case to be held as substitute Collateral hereunder.

Pledge upon Reorganization Event. Upon the occurrence of a Reorganization Event, Pledgor shall immediately cause to be delivered to the Collateral Agent, in the manner provided in Section 5.4: (i) cash in an amount equal to 100% of Pledgor's ’s Cash Delivery Obligations (or U.S. Government Securities having an aggregate Market Value when pledged and at daily markxxxx-xxto-market valuations thereafter at least equal to 105% of the Cash Delivery Obligations); and (ii) Marketable Securities in an amount at least equal to the Maximum Deliverable Number of such securities, or, at Pledgor's ’s election, U.S. Government Securities having an aggregate Market Value when pledged and at daily markxxxx-xxto-market valuations thereafter at least equal to 150% of such Maximum Deliverable Number of Marketable Securities, in each case to be held as substitute Collateral hereunder.