Common use of Uncertificated Securities and Certain Other Investment Property Clause in Contracts

Uncertificated Securities and Certain Other Investment Property. The Grantor will permit the Lender from time to time to cause the appropriate issuers (and, if held with a securities intermediary, such securities intermediary) of uncertificated securities or other types of Investment Property not represented by certificates which are Collateral to xxxx their books and records with the numbers and face amounts of all such uncertificated securities or other types of Investment Property not represented by certificates and all rollovers and replacements therefor to reflect the Liens of the Lender granted pursuant to this Security Agreement. The Grantor will take any actions necessary to cause (a) the issuers of uncertificated securities which are Collateral and which are Securities and (b) any securities intermediary which is the holder of any Investment Property, to cause the Lender to have and retain Control over such Securities or other Investment Property. Without limiting the foregoing, the Grantor will, with respect to Investment Property held with a securities intermediary, cause such securities intermediary to enter into a control agreement with the Lender, in form and substance satisfactory to the Lender, giving the Lender Control.

Appears in 7 contracts

Samples: Pledge and Security Agreement (Magnetek Inc), Pledge and Security Agreement (Magnetek Inc), Pledge and Security Agreement (Magnetek Inc)

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Uncertificated Securities and Certain Other Investment Property. The Grantor Grantors will permit the Lender Administrative Agent from time to time to cause the appropriate issuers (and, if held with a securities intermediary, such securities intermediary) of uncertificated securities or other types of Investment Property not represented by certificates which that are Collateral to xxxx their books and records with the numbers and face amounts of all such uncertificated securities or other types of Investment Property not represented by certificates and all rollovers and replacements therefor to reflect the Liens Lien of the Lender Administrative Agent granted pursuant to this Security Agreement. The Grantor Grantors will take any actions necessary to cause (a) the issuers of uncertificated securities which that are Collateral and which that are Securities and (b) any securities financial intermediary which that is the holder of any Investment Property, Property to cause the Lender Administrative Agent to have and retain Control over such Securities or other Investment Property. Without limiting the foregoing, the Grantor Grantors will, with respect to Investment Property held with a securities financial intermediary, cause such securities financial intermediary to enter into a control agreement with the Lender, Administrative Agent in form and substance satisfactory to the Lender, giving the Lender ControlAdministrative Agent.

Appears in 1 contract

Samples: Security Agreement (Rohn Industries Inc)

Uncertificated Securities and Certain Other Investment Property. The Each Grantor will permit the Lender Agent from time to time to cause the appropriate issuers (and, if held with a securities intermediary, such securities intermediary) of uncertificated securities or other types of Investment Property not represented by certificates which are Collateral Pledged Securities to xxxx mxxx their books and records with the numbers and face amounts of all such uncertificated securities or other types of Investment Property not represented by certificates and all rollovers and replacements therefor to reflect the Liens of the Lender Agent granted pursuant to this Security Agreement. The Subject to the Intercreditor Agreement, if applicable, each Grantor will take any actions requested by Agent necessary to cause (ai) the issuers of uncertificated securities which are Collateral and which are Securities or other Investment Property and (bii) any securities financial intermediary which is the holder of any Securities or other Investment Property, to cause the Lender Agent to have and retain Control over such Securities or other Investment Property. Without limiting the foregoing, subject to the Intercreditor Agreement, if requested by the Agent, each Grantor will, with respect to uncertificated Securities and other Investment Property held with a securities financial intermediary, cause such securities financial intermediary to enter into a control agreement with the Lender, Agent in form and substance satisfactory to the Lender, giving the Lender ControlAgent.

Appears in 1 contract

Samples: Intercreditor Agreement (Lilis Energy, Inc.)

Uncertificated Securities and Certain Other Investment Property. The Each Grantor will permit the Lender Agent from time to time to cause the appropriate issuers (and, if held with a securities intermediary, such securities intermediary) of uncertificated securities or other types of Investment Property not represented by certificates which are Collateral Pledged Securities to xxxx mark their books and records with the numbers and face amounts of all such xxxx uncertificated securities or other types of Investment Property not represented by certificates and all rollovers and replacements therefor to reflect the Liens Lien of the Lender Agent granted pursuant to this Security Pledge Agreement. The Each Grantor will take any actions necessary to cause (ai) the issuers of uncertificated securities which are Collateral and which are Securities and (bii) any securities financial intermediary which is the holder of any Investment Property, to cause the Lender Agent to have and retain Control over such Securities or other Investment Property. Without limiting the foregoing, the each Grantor will, with respect to Investment Property held with a securities financial intermediary, cause such securities financial intermediary to enter into a control agreement with the Lender, Agent in form and substance satisfactory to the Lender, giving the Lender ControlAgent.

Appears in 1 contract

Samples: Pledge and Security Agreement (Gasco Energy Inc)

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Uncertificated Securities and Certain Other Investment Property. The Grantor will permit the Lender Agent from time to time to cause the appropriate issuers (and, if held with a securities intermediary, such securities intermediary) of uncertificated securities or other types of Investment Property not represented by certificates which are Collateral to xxxx their books and records with the numbers and face amounts of all such uncertificated securities or other types of Investment Property not represented by certificates and all rollovers and replacements therefor to reflect the Liens Lien of the Lender Agent granted pursuant to this Security Agreement. The Grantor will take any actions necessary to cause (ai) the issuers of uncertificated securities which are Collateral and 157 which are Securities and (bii) any securities financial intermediary which is the holder of any Investment Property, to cause the Lender Agent to have and retain Control over such Securities or other Investment Property. Without limiting the foregoing, the Grantor will, with respect to Investment Property held with a securities financial intermediary, cause such securities financial intermediary to enter into a control agreement with the Lender, Agent in form and substance satisfactory to the Lender, giving the Lender ControlAgent.

Appears in 1 contract

Samples: Pledge and Security Agreement (Matrix Service Co)

Uncertificated Securities and Certain Other Investment Property. The Each Grantor will permit the Lender Agent from time to time to cause the appropriate issuers (and, if held with a securities intermediary, such securities intermediary) of uncertificated securities or other types of Investment Property not represented by certificates which are Collateral Pledged Securities to xxxx their books and records with the numbers and face amounts of all such uncertificated securities or other types of Investment Property not represented by certificates and all rollovers and replacements therefor to reflect the Liens Lien of the Lender Agent granted pursuant to this Security Pledge Agreement. The Each Grantor will take any actions necessary to cause (ai) the issuers of uncertificated securities which are Collateral and which are Securities or other Investment Property and (bii) any securities financial intermediary which is the holder of any Securities or other Investment PropertyProperty constituting Collateral, to cause the Lender Agent to have and retain Control over such Securities or other Investment Property. Without limiting the foregoing, the each Grantor will, with respect to uncertificated Securities and other Investment Property constituting Collateral held with a securities financial intermediary, cause such securities financial intermediary to enter into a control agreement with the Lender, Agent in form and substance reasonably satisfactory to the Lender, giving the Lender ControlAgent.

Appears in 1 contract

Samples: Credit Agreement (Range Resources Corp)

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