Common use of Delivery of Additional Collateral Clause in Contracts

Delivery of Additional Collateral. If any Pledgor shall become entitled to receive or shall receive any Additional Collateral, such Pledgor shall accept any such Additional Collateral as the agent for the Administrative Agent, shall hold it in trust for the Administrative Agent, shall segregate it from other property or funds of such Pledgor, and shall deliver not later than the next Quarterly Reporting Date after the date of acquisition thereof (or such later date as the Administrative Agent may agree in its sole discretion) all Additional Collateral and all certificates, instruments and other writings representing such Additional Collateral forthwith to or for the account of the Administrative Agent, at the address and to the Person to be designated by the Administrative Agent, which shall be in suitable form for transfer by delivery, or shall be accompanied by duly executed instruments of transfer or assignment in blank, all in form and substance reasonably satisfactory to the Administrative Agent, as the Administrative Agent shall reasonably request, to be held by the Administrative Agent subject to the terms hereof, as part of the Pledged Collateral.

Delivery of Additional Collateral. If any Pledgor the Grantor shall become entitled to receive or shall receive any Additional Collateral, such Pledgor the Grantor shall accept any such Additional Collateral as the agent for the Administrative Collateral Agent, shall hold it in trust for the Administrative Collateral Agent, shall segregate it from other property or funds of such Pledgorthe Grantor, and shall deliver not later than the next Quarterly Reporting Date after the date of acquisition thereof (or such later date as the Administrative Agent may agree in its sole discretion) all Additional Collateral and all certificates, instruments and other writings representing such Additional Collateral forthwith to or for the account of the Administrative Collateral Agent, at the address and to the Person to be designated by the Administrative AgentCollateral Agent upon instruction from the Instructing Group, which shall be in suitable form for transfer by delivery, or shall be accompanied by duly executed instruments of transfer or assignment in blank, all in form and substance reasonably satisfactory to the Administrative AgentCollateral Agent (with consent of the Instructing Group), as the Administrative Collateral Agent shall reasonably request, to be held by the Administrative Collateral Agent subject to the terms hereof, as part of the Pledged Collateral. Upon accepting any such Additional Collateral hereunder, the Collateral Agent shall promptly send a notification to the Grantor describing the Additional Collateral accepted and held as part of the Pledged Collateral hereunder, which notification shall be deemed to be a Schedule to this Agreement and may be attached hereto.

Delivery of Additional Collateral. If any Pledgor of the Pledgors shall become entitled to receive or shall receive any Additional Collateral, such Pledgor shall accept any such Additional Collateral as the agent for the Administrative Agent, shall hold it in trust for the Administrative Agent, shall segregate it from other property or funds of such Pledgor, and shall deliver not later than the next Quarterly Reporting Date after the date of acquisition thereof (or such later date as the Administrative Agent may agree in its sole discretion) all Additional Collateral and all certificates, instruments and other writings representing such Additional Collateral forthwith to or the Agent (for the account of the Administrative AgentPledgees), at the address and to the Person to be designated by the Administrative Agent, which shall be in suitable form for transfer by delivery, or shall be accompanied by duly executed instruments of transfer transfer, sold contract note or other instruments of assignment in blank, all in form and substance reasonably satisfactory to the Administrative Agent, as the Administrative Agent shall reasonably request, to be held by the Administrative Agent (for the account of the Pledgees) subject to the terms hereof, as part of the Pledged Collateral. Upon accepting any such Additional Collateral hereunder, the Agent shall promptly send a notification to the relevant Pledgor describing the Additional Collateral accepted and held as part of the Pledged Collateral hereunder, which notification shall be deemed to be a Schedule to this Agreement and may be attached hereto.

Delivery of Additional Collateral. If any Pledgor the Grantor shall become entitled to receive or shall receive any Additional Collateral, such Pledgor the Grantor shall accept any such Additional Collateral as the agent for the Administrative Agent, shall hold it in trust for the Administrative Agent, shall segregate it from other property or funds of such Pledgorthe Grantor, and and, upon the request of the Administrative Agent, shall deliver not later than the next Quarterly Reporting Date after the date of acquisition thereof (or such later date as the Administrative Agent may agree in its sole discretion) all Additional Collateral and all certificates, instruments and other writings representing such Additional Collateral forthwith to or for the account of the Administrative Agent, at the address and to the Person to be designated by the Administrative Agent, which shall be in suitable form for transfer by delivery, or shall be accompanied by duly executed instruments of transfer or assignment in blank, all in form and substance reasonably satisfactory to the Administrative Agent, as the Administrative Agent shall reasonably request, to be held by the Administrative Agent subject to the terms hereof, as part of the Pledged Collateral. Upon accepting any such Additional Collateral hereunder, the Administrative Agent may send a notification to the Grantor describing the Additional Collateral accepted and held as part of the Pledged Collateral hereunder, which notification shall be deemed to be a Schedule to this Agreement and may be attached hereto.