Common use of Uncertificated Securities Clause in Contracts

Uncertificated Securities. With respect to any Pledged Collateral that constitutes a security and is not represented or evidenced by a certificate or instrument, such Pledgor shall cause the Issuer thereof either (i) to register the Collateral Agent as the registered owner of such security or (ii) to agree in writing with the Collateral Agent and such Pledgor that such Issuer will comply with the instructions with respect to such security originated by the Collateral Agent without further consent of such Pledgor.

Appears in 3 contracts

Samples: Pledge Agreement (Sunstone Hotel Investors, Inc.), Pledge Agreement (Sunstone Hotel Investors, Inc.), Note and Guarantee Agreement (Sunstone Hotel Investors, Inc.)

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Uncertificated Securities. With respect to any Pledged Collateral of such Pledgor that constitutes a security and is not represented or evidenced by a certificate or instrument, such Pledgor shall cause the Issuer thereof either (i) to register the Collateral Administrative Agent as the registered owner of such security or (ii) to agree in writing with the Collateral Administrative Agent and such Pledgor that such Issuer will comply with the instructions with respect to such security originated by the Collateral Administrative Agent without further consent of such Pledgor.

Appears in 3 contracts

Samples: Pledge Agreement (Select Income REIT), Credit Agreement (Select Income REIT), Pledge Agreement (Select Income REIT)

Uncertificated Securities. With respect to any Pledged Collateral that constitutes a security and is not represented or evidenced by a certificate or instrument, such Pledgor shall cause the Issuer thereof either (i) to register the Collateral Administrative Agent as the registered owner of such security or (ii) to agree in writing with the Collateral Administrative Agent and such Pledgor that such Issuer will comply with the instructions with respect to such security originated by the Collateral Administrative Agent without further consent of such Pledgor.

Appears in 3 contracts

Samples: Credit Agreement (Rouse Properties, Inc.), Pledge Agreement (Lexington Realty Trust), Credit Agreement (Lexington Realty Trust)

Uncertificated Securities. With respect to any Pledged Collateral that constitutes a security and is not represented or evidenced evidence by a certificate or instrument, such Pledgor shall cause the Issuer thereof either (i) to register the Collateral Agent as the registered owner of such security or (ii) to agree in writing with the Collateral Agent and such Pledgor that such Issuer will comply with the instructions with respect to such security originated by the Collateral Agent without further consent of such Pledgor.

Appears in 1 contract

Samples: Form of Pledge Agreement (U-Store-It Trust)

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Uncertificated Securities. With respect to any Pledged Collateral that constitutes a security and is not represented or evidenced by a certificate or instrument, such Pledgor shall cause the Issuer thereof either (i) to i)to register the Collateral Agent as the registered owner of such security or (ii) to ii)to agree in writing with the Collateral Agent and such Pledgor that such Issuer will comply with the instructions with respect to such security originated by the Collateral Agent without further consent of such Pledgor.

Appears in 1 contract

Samples: Credit Agreement (Sunstone Hotel Investors, Inc.)

Uncertificated Securities. With respect to any Pledged Collateral that constitutes a security and is not represented or evidenced by a certificate or instrument, such Pledgor shall cause the Issuer thereof either (i) to register the Collateral Agent as the registered owner of such security or (ii) to agree in writing with the Collateral Agent and such Pledgor that such Issuer will comply with the instructions with respect to such security originated by the Collateral Agent without further consent of such Pledgor.

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (U-Store-It Trust)

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