Common use of Stock Dividends, Distributions, Etc Clause in Contracts

Stock Dividends, Distributions, Etc. If, while this Agreement is in effect, the Pledgor becomes entitled to receive or receives any securities or other property in addition to, in substitution of, or in exchange for any of the Pledged Securities (whether as a distribution in connection with any recapitalization, reorganization or reclassification, distributions or otherwise), the Pledgor shall accept such securities or other property on behalf of and for the benefit of the Company as additional security for the Pledgor's obligations under the Notes and shall promptly deliver such additional security to the Company together with duly executed forms of assignment, and such additional security shall be deemed to be part of the Pledged Securities hereunder.

Appears in 6 contracts

Samples: Pledge Agreement (Dj Orthopedics Capital Corp), Pledge Agreement (Donjoy LLC), Pledge Agreement (Donjoy LLC)

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Stock Dividends, Distributions, Etc. If, while this Pledge Agreement is in effect, the Pledgor becomes entitled to receive or receives any securities or other property in addition to, in substitution of, or in exchange for any of the Pledged Securities (whether as a distribution in connection with any recapitalization, reorganization or reclassification, distributions or otherwise), the Pledgor shall accept such securities or other property on behalf of and for the benefit of the Company as additional security for the Pledgor's obligations under the Notes Note and shall promptly deliver such additional security to the Company together with duly executed forms of assignment, and such additional security shall be deemed to be part of the Pledged Securities hereunder.

Appears in 5 contracts

Samples: Pledge Agreement (RPP Capital Corp), Pledge Agreement (RPP Capital Corp), Pledge Agreement (RPP Capital Corp)

Stock Dividends, Distributions, Etc. If, while this Pledge Agreement is in effect, the Pledgor becomes entitled to receive or receives any equity securities or other property of the Company in addition to, in substitution of, or in exchange for any of the Pledged Securities (whether as a distribution in connection with any recapitalization, reorganization or reclassification, distributions or as a stock dividend or otherwise), the Pledgor shall accept such securities or other property on behalf of and for the benefit of the Company as additional security for the Pledgor's obligations under the Notes Note and shall promptly deliver such additional security to the Company together with duly executed forms of assignment, and such additional security shall be deemed to be part of the Pledged Securities hereunder.

Appears in 4 contracts

Samples: Pledge Agreement (Huntsman Packaging of Canada LLC), Pledge Agreement (Huntsman Packaging of Canada LLC), Pledge Agreement (Huntsman Packaging of Canada LLC)

Stock Dividends, Distributions, Etc. If, while this Agreement is in effect, the Pledgor becomes entitled to receive or receives any securities or other property in addition to, in substitution of, or in exchange for any of the Pledged Securities (whether as a distribution in connection with any recapitalization, reorganization or reclassification, distributions or otherwise), the Pledgor shall accept such securities or other property on behalf of and for the benefit of the Company as additional security for the Pledgor's Obligors' obligations under the Notes and shall promptly deliver such additional security to the Company together with duly executed forms of assignment, and such additional security shall be deemed to be part of the Pledged Securities hereunder.

Appears in 3 contracts

Samples: Pledge Agreement (Donjoy LLC), Pledge Agreement (Donjoy LLC), Pledge Agreement (Dj Orthopedics Capital Corp)

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Stock Dividends, Distributions, Etc. If, while this Pledge Agreement is in effect, the Pledgor becomes entitled to receive or receives any securities or other property in addition to, in substitution of, or in exchange for any of the Pledged Securities (whether as a distribution in connection with any recapitalization, reorganization or reclassification, distributions or otherwise), the Pledgor shall accept such securities or other property on behalf of and for the benefit of the Company as additional security for the PledgorTrust's obligations under the Notes Note and shall promptly deliver such additional security to the Company together with duly executed forms of assignment, and such additional security shall be deemed to be part of the Pledged Securities hereunder.

Appears in 1 contract

Samples: Pledge Agreement (RPP Capital Corp)

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