Common use of Stock Powers, etc Clause in Contracts

Stock Powers, etc. The Pledgor agrees that all Certificated Interests 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 or documents of transfer acceptable to the Pledgee, as are necessary under all applicable laws to perfect the Lien in favor of the Pledgee on such Collateral. The Pledgor will, from time to time upon the request of the Pledgee, promptly deliver to the Pledgee such stock powers, instruments, and similar documents, satisfactory in form and substance to the Pledgee, with respect to the Collateral as the Pledgee may reasonably request and will, from time to time upon the request of the Pledgee after the occurrence, and during the continuance, of any Event of Default, promptly transfer any Pledged Interests or other shares of Capital Stock or other ownership interests constituting Collateral into the name of any nominee designated by the Pledgee.

Appears in 4 contracts

Samples: Borrower Copyright Security Agreement (Surebeam Corp), Borrower Copyright Security Agreement (Surebeam Corp), Borrower Copyright Security Agreement (Titan Corp)

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Stock Powers, etc. The Each Pledgor agrees that all Certificated Interests constituting Collateral delivered by the such Pledgor pursuant to this Pledge Agreement will be accompanied by duly executed undated blank stock powers, or other equivalent instruments or documents of transfer acceptable to the Pledgee, as are necessary under all applicable laws to perfect the Lien in favor of the Pledgee on such Collateral. The Each Pledgor will, from time to time upon the request of the Pledgee, promptly deliver to the Pledgee such stock powers, instruments, and similar documents, satisfactory in form and substance to the Pledgee, with respect to the Collateral as the Pledgee may reasonably request and will, from time to time upon the request of the Pledgee after the occurrence, and during the continuance, of any Event of Default, promptly transfer any Pledged Interests or other shares of Capital Stock or other ownership interests constituting Collateral into the name of any nominee designated by the Pledgee.

Appears in 4 contracts

Samples: Borrower Copyright Security Agreement (Surebeam Corp), Borrower Copyright Security Agreement (Titan Corp), Borrower Copyright Security Agreement (Titan Corp)

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Stock Powers, etc. The Pledgor agrees that all Certificated Interests Pledged Shares (and all other shares of capital stock or other equity securities constituting Collateral Pledged Collateral) delivered by the Pledgor pursuant to this Pledge Agreement will be accompanied by duly executed undated blank stock powers, or other equivalent instruments or documents of transfer acceptable to the Pledgee, as are necessary under all applicable laws to perfect the Lien in favor of the Pledgee on such Collateral. The Pledgor will, from time to time upon the request of the Pledgee, promptly deliver to the Pledgee such stock powers, instruments, and similar documents, satisfactory in form and substance to the Pledgee, with respect to the Pledged Collateral as the Pledgee may reasonably request and will, from time to time upon the request of the Pledgee after the occurrence, and during the continuance, of any when an Event of DefaultDefault exists, promptly transfer any Pledged Interests Shares or other shares of Capital Stock common stock or other ownership interests equity securities constituting Pledged Collateral into the name of any nominee designated by the Pledgee.

Appears in 1 contract

Samples: Pledge Agreement (Oryx Technology Corp)

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