Subsequently Acquired Securities. If any Pledgor shall acquire (by purchase, stock dividend or otherwise) any additional Securities at any time or from time to time after the date hereof, such Pledgor will forthwith pledge and deposit such Securities (or certificates or instruments representing such Securities) as security with the Pledgee and deliver to the Pledgee certificates or instruments thereof, duly endorsed in blank in the case of Notes and accompanied by undated stock or other powers duly executed in blank by such Pledgor (and accompanied by any transfer tax stamps required in connection with the pledge of such Securities) in the case of Stock, Partnership Interests or Membership Interests, as the case may be, or such other instruments of transfer as are acceptable to the Pledgee, and will promptly thereafter deliver to the Pledgee a certificate executed by a principal executive officer of such Pledgor describing such Securities and certifying that the same have been duly pledged with the Pledgee hereunder. No Pledgor shall be required at any time to pledge hereunder (x) any Stock which is more than 65% of the total combined voting power of all classes of capital stock of any Foreign Corporation entitled to vote or (y) any promissory notes issued to such Pledgor by any Subsidiary of such Pledgor which is a Foreign Corporation.
Subsequently Acquired Securities to time after the date hereof, the Pledgor will promptly thereafter pledge and deposit such Securities (or certificates or instruments representing such Securities) as security with the Pledgee and deliver to the Pledgee certificates therefor or instruments thereof, duly endorsed in blank in the case of such Notes, accompanied by undated stock powers duly executed in blank by the Pledgor (and accompanied by any transfer tax stamps required in connection with the pledge of such Securities) in the case of such Stock, or such other instruments of transfer as are reasonably acceptable to the Pledgee, and accompanied by a certificate executed by a principal executive officer of the Pledgor in the form attached as Annex C hereto describing such Securities and certifying that the same has been duly pledged with the Pledgee hereunder. Except as otherwise provided in the last sentence of Section 2 hereof, the Pledgor shall not be required at any time to pledge hereunder any Stock which is more than 65% of the total combined voting power of all classes of capital stock of any Foreign Subsidiary owned by the Pledgor.
Subsequently Acquired Securities. If the Pledgor shall acquire (by purchase, stock dividend or otherwise) any additional Securities at any time or from time to time after the date hereof, the Pledgor will immediately pledge and deposit such Securities (or certificates or instruments representing such Securities) as security with the Pledgee and deliver to the Pledgee certificates or instruments therefor, duly endorsed in blank in the case of Notes, and accompanied by undated stock powers duly executed in blank by the Pledgor (and accompanied by any transfer tax stamps required in connection with the pledge of such Securities) in the case of Stock, or such other instruments of transfer as are reasonably acceptable to the Pledgee, and any other foreign security documentation reasonably requested by Pledgee, and will promptly thereafter deliver to the Pledgee a certificate executed by a Responsible Officer of the Pledgor describing such Securities and certifying that the same have been duly pledged with the Pledgee hereunder. If any Domestic Subsidiary of Pledgor shall hereafter own capital stock of any Material Subsidiary, then Pledgor shall cause such Domestic Subsidiary to enter into a pledge agreement in substantially the form hereof, and shall deliver any other security documentation reasonably requested by Pledgee, in order to cause the stock of such Material Subsidiary to be pledged to the Pledgee for the benefit of the Lenders. Subject to the last sentence of Section 2, the Pledgor shall not be required at any time to pledge hereunder more than 65% of the total combined voting power of all classes of capital stock of any Foreign Subsidiary entitled to vote.
Subsequently Acquired Securities. Subject to Section 2(c) hereof, if any Pledgor shall acquire (by purchase, stock dividend or otherwise) any additional Pledged Securities at any time or from time to time after the date hereof, such Securities shall automatically (and without any further action being required to be taken) be subject to the pledge and security interests created pursuant to Section 3.1(a) hereof.
Subsequently Acquired Securities. If the Pledgor shall acquire (by purchase, stock dividend or otherwise) any additional Securities at any time or from time to time after the date hereof, the Pledgor will promptly thereafter pledge and deposit such Securities (or certificates or instruments representing such Securities) as security with the Pledgee and deliver to the Pledgee certificates therefor or instruments thereof, accompanied by undated stock powers duly executed in blank by the Pledgor (and accompanied by any transfer tax stamps required in connection with the pledge of such Securities) or such other instruments of transfer as are reasonably acceptable to the Pledgee, and accompanied by a certificate executed by a principal executive officer of the Pledgor in the form attached as Annex B hereto describing such Securities and certifying that the same has been duly pledged with the Pledgee hereunder.
Subsequently Acquired Securities. Subject to Section 2(c) hereof, if any Pledgor shall acquire (by purchase, stock dividend or otherwise) any additional Pledged Securities at any time or from time to time after the date hereof, such Securities shall automatically (and without any further action being required to be taken) be subject to the pledge and security interests created pursuant to Section 3.1(a) hereof and, furthermore, such Pledgor will within the time periods set forth in Section 10.15(c) of the Credit Agreement deliver to the Pledgee all certificates therefor or instruments thereof, if any, accompanied by undated stock powers duly executed in blank in the case of certificated Stock, Limited Liability Company Interests or Partnership Interests or such other instruments of transfer as are reasonably acceptable to the Pledgee.
Subsequently Acquired Securities. If the Pledgor shall acquire (by or through purchase, stock dividend, distribution of capital, any event referred to in Section 6 hereof, or otherwise) any additional shares of capital stock or other securities of Parent or Molecular Diagnostics, Inc., a Delaware corporation ("MDI"), whether within or without any Brokerage Account, or of any other issuer within the Brokerage Account, then the Pledgor will forthwith pledge and deposit the same as security for all Obligations with the Pledgee and deliver to the Pledgee (if available) certificates or instruments evidencing same, accompanied by stock power(s) duly executed in blank by the Pledgor or such other instruments of transfer as are acceptable to the Pledgee covering the same.
Subsequently Acquired Securities. If Pledgor shall acquire (by -------------------------------- purchase, stock dividend or otherwise) any additional Securities, at any time or from time to time after the date hereof, Pledgor will forthwith pledge and deposit such Securities as security with Pledgee and deliver to Pledgee or Bailee certificates therefor accompanied by stock powers duly executed in blank by Pledgor or such other instruments of transfer as are acceptable to Pledgee, and will concurrently deliver to Pledgee a certificate executed by Pledgor describing such Securities and certifying that the same have been duly pledged with Pledgee or Bailee hereunder.
Subsequently Acquired Securities. If the Company shall acquire (by purchase, stock dividend or otherwise) any additional Securities (other than Foreign Corporations which are not Material Foreign Subsidiaries) at any time or from time to time after the date hereof, the Company will forthwith pledge and deliver such Securities (or certificates or instruments representing such Securities) as security to the Lender and deliver to the Lender certificates or instruments thereof, in the case of Notes, duly endorsed in blank, and in the case of Stock, accompanied by undated stock powers duly executed in blank by the Company (and accompanied by any transfer tax stamps required in connection with the pledge of such Securities), or such other instruments of transfer as are reasonably acceptable to the Lender, and will promptly thereafter deliver to the Lender a certificate executed by an Authorized Officer of the Company describing such Securities and certifying that the same have been duly pledged with the Lender pursuant to the terms and conditions of this Agreement. The Company shall not be required at any time to pledge hereunder more than 65% of the total combined voting power of all classes of capital stock entitled to vote of any Foreign Corporation.
Subsequently Acquired Securities which is more than 65% of the total combined voting power of all classes of capital stock of any Foreign Subsidiary owned by such Pledgor.
