Common use of Stock Powers, etc Clause in Contracts

Stock Powers, etc. The Pledgor agrees that all Pledged Shares (and all other shares of capital stock constituting Collateral) delivered by the Pledgor pursuant to this Pledge Agreement will be accompanied by duly executed undated blank stock powers, or other equivalent instruments of transfer acceptable to the Lender. The Pledgor will, from time to time upon the request of the Lender, promptly deliver to the Lender such stock powers, instruments, and similar documents, satisfactory in form and substance to the Lender, with respect to the Collateral as the Lender may reasonably request and will, from time to time upon the request of the Lender after the occurrence of any Event of Default, promptly transfer any Pledged Shares or other shares of common stock constituting Collateral into the name of any nominee designated by the Lender.

Appears in 11 contracts

Samples: Pledge Agreement (Future Petroleum Corp/Ut/), Pledge Agreement (Trace International Holdings Inc), Pledge Agreement (Future Petroleum Corp/Ut/)

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Stock Powers, etc. The Pledgor agrees that all Pledged Shares ----------------- Securities (and all other shares of capital stock constituting Collateral) delivered by the Pledgor pursuant to this Pledge Agreement will be accompanied by duly executed undated blank stock powers, or other equivalent instruments of transfer acceptable to the LenderBank. The Pledgor will, from time to time upon the request of the LenderBank, promptly deliver to the Lender Bank such stock powers, instruments, and similar documents, satisfactory in form and substance to the LenderBank, with respect to the Collateral as the Lender Bank may reasonably request and will, from time to time upon the request of the Lender Bank after the occurrence of any Event of DefaultDefault and during the continuance thereof to the extent of any right to do such, promptly transfer any Pledged Shares or other shares of common stock constituting Collateral Securities into the name of any nominee designated by the LenderBank.

Appears in 1 contract

Samples: Pledge Agreement (Pen Tab Industries Inc)

Stock Powers, etc. The Pledgor agrees that all Pledged Shares (and all other shares of capital stock constituting Collateral) delivered by the Pledgor pursuant to this Pledge Agreement will be accompanied by duly executed executed, undated blank stock powers, powers or other equivalent instruments of transfer reasonably acceptable to the LenderSurge and/or will be delivered in Surge's name. The Pledgor will, from time to time upon the reasonable request of the LenderSurge, promptly deliver to the Lender Surge such stock powers, instruments, instruments and similar documents, reasonably satisfactory in form and substance to the LenderSurge, with respect to the Collateral as the Lender Surge may reasonably request and will, from time to time upon the request of the Lender Surge after the occurrence of any Event of Default, promptly cause the Pledgor to transfer any Pledged Shares or other shares of common capital stock constituting Collateral into the name of any nominee designated by the LenderSurge.

Appears in 1 contract

Samples: Pledge Agreement (Surge Components Inc)

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Stock Powers, etc. The Pledgor agrees Pledgors agree that all Pledged Shares (evidenced by certificates and all other shares of capital stock constituting Collateral) delivered by the Pledgor Pledgors pursuant to this Pledge Agreement will be accompanied by duly executed undated blank stock powers, or other equivalent instruments of transfer reasonably acceptable to the Lender. The Pledgor Pledgors will, from time to time time, upon the request of the Lender, promptly deliver to the Lender such stock powers, instruments, and similar documents, reasonably satisfactory in form and substance to the Lender, with respect to the Collateral as the Lender may reasonably request and will, from time to time time, upon the request of the Lender after during the occurrence continuance of any Event of Default, promptly transfer any Pledged Shares or other all shares which are part of common stock constituting the Collateral into the name of any nominee designated by the Lender.

Appears in 1 contract

Samples: Pledge Agreement (Tweed John A)

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