Common use of Certificates and Instruments Clause in Contracts

Certificates and Instruments. Delivery to Administrative Agent of (a) certificates (which certificates shall be accompanied by irrevocable undated stock or unit powers, as applicable, duly endorsed in blank and otherwise satisfactory in form and substance to Administrative Agent) representing all capital stock pledged pursuant to the Holdings Pledge Agreement, Company Pledge Agreement and Subsidiary Pledge Agreement and (b) all promissory notes or other instruments (duly endorsed, where appropriate, in a manner satisfactory to Administrative Agent) evidencing any Collateral;

Appears in 1 contract

Sources: Credit Agreement (Sealy Corp)

Certificates and Instruments. Delivery to Administrative Agent of (a) certificates (which certificates shall be registered in the name of Administrative Agent or properly endorsed in blank for transfer or accompanied by irrevocable undated stock or unit powers, as applicable, powers duly endorsed in blank and otherwise satisfactory blank, all in form and substance satisfactory to Administrative Agent) representing all the capital stock pledged pursuant to the Holdings Pledge Agreement, Company Pledge Agreement Agreements and the Subsidiary Pledge Agreement Agreements and (b) all promissory notes or other instruments (duly endorsed, where appropriate, in a manner satisfactory to Administrative Agent) evidencing any Collateral;.

Appears in 1 contract

Sources: Multicurrency Credit Agreement (Goss Graphic Systems Inc)