Return of Collateral. Upon the satisfaction by the Pledgor of all of its Obligations under the Note and the termination or full performance of any agreement, contract or other arrangement as may exist between Pledgor and Pledgee for the transfer or sale of any of the shares of Stock to Pledgee, this Agreement and the security interest given in the Collateral shall be terminated. Within ten (10) days thereof, the Pledgee shall deliver the Collateral to Pledgor.
Appears in 6 contracts
Samples: Stock Pledge Agreement (Embassy Bancorp, Inc.), Stock Pledge Agreement (Embassy Bancorp, Inc.), Loan Agreement (First Chester County Corp)
Return of Collateral. Upon the satisfaction by the Pledgor of all of its Obligations under the Note and the termination or full performance of any agreement, contract or other arrangement as may exist between Pledgor and Pledgee for the transfer or sale of any of the shares of Stock to Pledgee, this Agreement and the security interest given in the Collateral shall be terminated. Within ten (10) days thereof, the Pledgee shall deliver the Collateral in its possession to Pledgor.
Appears in 2 contracts
Samples: Loan Agreement (First Chester County Corp), Plan of Merger (Tower Bancorp Inc)
