Common use of Additional Pledged Securities Clause in Contracts

Additional Pledged Securities. Upon the request of the ------------------------------- Pledgor, and subject to Section 5.5, the Pledgee will, at the cost and expense of the Pledgor, (i) release all or a portion of the Collateral and reassign to the Pledgor all or such portion of the Collateral upon the pledge by the Pledgor of Additional Pledged Securities in exchange for such Collateral, so long as such Additional Pledged Securities are equal or greater in value than the Collateral requested to be released, and (ii) do and execute all such acts, things and instruments as in the reasonable opinion of the Pledgor are necessary to effect such release or reassignment.

Additional Pledged Securities. Upon the request of the ------------------------------- Pledgor, and subject to Section 5.5, the Pledgee will, at the cost and expense of the Pledgor, (i) release all or a portion of the Collateral and reassign to the Pledgor all or such portion of the Collateral upon the pledge by the Pledgor of Additional Pledged Securities in exchange for such Collateral, so long as such Additional Pledged Securities are equal or greater in value than the Collateral requested to be released, and (ii) do and execute all such acts, things and instruments as in the reasonable opinion of the Pledgor are necessary to effect such release or reassignment.