Common use of Transfer Powers Clause in Contracts

Transfer Powers. Upon the request of the Lender, the Pledgor shall deliver to the Lender (i) any certificates or Instruments representing the Collateral and (ii) concurrently therewith, an undated stock power, transfer power or endorsement covering such certificate or Instrument, duly indorsed in blank.

Appears in 3 contracts

Samples: Credit Agreement (GWG Holdings, Inc.), Security and Pledge Agreement (Beneficient Co Group, L.P.), Credit Agreement (GWG Holdings, Inc.)

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Transfer Powers. Upon Subject to the Subordination Agreement, upon the request of the Lender, the Pledgor shall deliver to the Lender (i) any certificates or Instruments representing the Collateral and (ii) concurrently therewith, an undated stock power, transfer power or endorsement covering such certificate or Instrument, duly indorsed in blank.

Appears in 1 contract

Samples: Security and Pledge Agreement (GWG Holdings, Inc.)

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Transfer Powers. Upon the request of the Lender, the such Pledgor shall deliver to the Lender (i) any certificates or Instruments instruments representing the Collateral of such Pledgor and (ii) concurrently therewith, an undated stock power, transfer power or endorsement covering such certificate or Instrumentinstrument, duly indorsed in blank.

Appears in 1 contract

Samples: Security and Pledge Agreement (Beneficient Co Group, L.P.)

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