Common use of Pledged Stock; Stock Powers; Pledged Notes Clause in Contracts

Pledged Stock; Stock Powers; Pledged Notes. Subject to the last paragraph of this Section 5.1, the Administrative Agent shall have received (i) the certificates representing the shares of Capital Stock (to the extent certificated) pledged or otherwise required to be delivered pursuant to the Security Documents to be entered into on the Closing Date (to the extent required to be delivered pursuant to such Security Documents and the Agreed Security Principles), together with (where applicable in the relevant jurisdiction) an undated stock power or other equity transfer form for each such certificate executed or endorsed in blank by a duly authorized signatory of the pledgor thereof and (ii) certificates evidencing the Loan Note Instruments.

Appears in 5 contracts

Samples: Credit Agreement (CLARIVATE PLC), Credit Agreement (Clarivate PLC), Credit Agreement (CLARIVATE PLC)

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Pledged Stock; Stock Powers; Pledged Notes. Subject to the last paragraph of this Section 5.14.01, the Administrative Agent (or its counsel or bailee) shall have received (i) the certificates each certificate representing the shares of Capital Stock (to the extent certificated) pledged or otherwise required to be delivered pledged pursuant to the U.S. Security Documents to be entered into on the Closing Date (to the extent required to be delivered pursuant to such Security Documents and the Agreed Security Principles)Agreement, together with (where applicable in the relevant jurisdiction) an undated stock or similar power or other equity transfer form for each such certificate executed or endorsed in blank by a duly authorized signatory officer of the pledgor thereof and (ii) certificates evidencing each Material Debt Instrument (if any) required to be pledged pursuant to the Loan Note InstrumentsU.S. Security Agreement endorsed (without recourse) in blank (or accompanied by an executed transfer form in blank) by the pledgor thereof.

Appears in 2 contracts

Samples: First Lien Credit Agreement (Ranpak Holdings Corp.), First Lien Credit Agreement (Ranpak Holdings Corp.)

Pledged Stock; Stock Powers; Pledged Notes. Subject to the last paragraph of this Section 5.1, the Administrative Agent shall have received (i) the certificates representing the shares of Capital Stock (to the extent certificated) pledged or otherwise required to be delivered pursuant to the Security Documents to be entered into on the Closing Date (to the extent required to be delivered pursuant to such Security Documents and the Agreed Security PrinciplesDocuments), together with (where applicable in the relevant jurisdiction) an undated stock power or other equity transfer form for each such certificate executed or endorsed in blank by a duly authorized signatory of the pledgor thereof and (ii) certificates evidencing the Loan Note Instrumentsthereof.

Appears in 2 contracts

Samples: Lien Credit Agreement (Powerschool Holdings, Inc.), Credit Agreement (Powerschool Holdings, Inc.)

Pledged Stock; Stock Powers; Pledged Notes. Subject to the last paragraph of this Section 5.1‎Section 4.01, the Administrative Agent (or its counsel or bailee) shall have received (i) the certificates each certificate representing the shares of Capital Stock (to the extent certificated) pledged or otherwise required to be delivered pledged pursuant to the U.S. Security Documents to be entered into on the Closing Date (to the extent required to be delivered pursuant to such Security Documents and the Agreed Security Principles)Agreement, together with (where applicable in the relevant jurisdiction) an undated stock or similar power or other equity transfer form for each such certificate executed or endorsed in blank by a duly authorized signatory officer of the pledgor thereof and (ii) certificates evidencing each Material Debt Instrument (if any) required to be pledged pursuant to the Loan Note Instruments.U.S. Security Agreement endorsed (without recourse) in blank (or accompanied by an executed transfer form in blank) by the pledgor thereof. 136

Appears in 1 contract

Samples: First Lien Credit Agreement (Ranpak Holdings Corp.)

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Pledged Stock; Stock Powers; Pledged Notes. Subject to the last paragraph of this Section 5.1, the Administrative Agent shall have received (i) the certificates representing the shares of Capital Stock (to the extent certificated) pledged or otherwise required to be delivered pursuant to the 138 Security Documents to be entered into on the Closing Date (to the extent required to be delivered pursuant to such Security Documents and the Agreed Security Principles), together with (where applicable in the relevant jurisdiction) an undated stock power or other equity transfer form for each such certificate executed or endorsed in blank by a duly authorized signatory of the pledgor thereof and (ii) certificates evidencing the Loan Note Instruments.

Appears in 1 contract

Samples: Credit Agreement (CLARIVATE PLC)

Pledged Stock; Stock Powers; Pledged Notes. Subject to the last paragraph of this Section 5.1, the Administrative Agent shall have received (i) the certificates representing the shares of Capital Stock (to the extent certificated) pledged or otherwise required to be delivered pursuant to the Security Documents to be entered into on the Closing Date (to the extent required to be delivered pursuant to such Security Documents and the Agreed Security Principles), together with (where applicable in the relevant jurisdiction) an undated stock power or other equity transfer form for each such certificate 150 executed or endorsed in blank by a duly authorized signatory of the pledgor thereof and (ii) certificates evidencing the Loan Note Instruments.

Appears in 1 contract

Samples: Credit Agreement (CLARIVATE PLC)

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