Common use of Delivery of Certificates and Instruments Clause in Contracts

Delivery of Certificates and Instruments. Each Pledgor shall deliver as security to the Administrative Agent (subject to the percentage limitations set forth in Section 2 above), (i) simultaneously with or prior to the execution and delivery of this Pledge Agreement, all certificates representing the Pledged Capital Stock owned by such Pledgor and (ii) concurrently with the delivery of the next financial statement referred to in Section 5.1(b) of the Credit Agreement after the receipt thereof by or on behalf of a Pledgor, all other certificates and instruments constituting Pledged Collateral owned by a Pledgor. Prior to delivery to the Administrative Agent, all such certificates and instruments constituting Pledged Collateral of a Pledgor shall be held in trust by such Pledgor for the benefit of the Administrative Agent pursuant hereto. All such certificates shall be delivered in suitable form for transfer by delivery or shall be accompanied by duly executed instruments of transfer or assignment in blank, substantially in the form provided in Exhibit 4(a) attached hereto.

Appears in 2 contracts

Sources: Agency Succession and Amendment Agreement (GateHouse Media, Inc.), Pledge Agreement (GateHouse Media, Inc.)

Delivery of Certificates and Instruments. Each Unless previously delivered to the Administrative Agent in connection with the Existing Pledge Agreement, each Pledgor shall deliver as security to the Administrative Agent (subject to the percentage limitations set forth in Section 2 above), (i) simultaneously with or prior to the execution and delivery of this Pledge AgreementAgreement (or at such later time as the Administrative Agent may agree), all certificates representing the Pledged Capital Stock owned by such Pledgor and (ii) concurrently with the delivery of the next financial statement referred to in Section 5.1(b) of the Credit Agreement after promptly upon the receipt thereof by or on behalf of a Pledgor, all other certificates and instruments constituting Pledged Collateral owned by a Pledgor. Prior to delivery to the Administrative Agent, all such certificates and instruments constituting Pledged Collateral of a Pledgor shall be held in trust by such Pledgor for the benefit of the Administrative Agent pursuant hereto. All such certificates shall be delivered in suitable form for transfer by delivery or shall be accompanied by duly executed instruments of transfer or assignment in blank, substantially in the form provided in Exhibit 4(a) A attached hereto.

Appears in 2 contracts

Sources: Pledge Agreement (Pantry Inc), Pledge Agreement (Pantry Inc)

Delivery of Certificates and Instruments. Each The Pledgor shall deliver as security to the Administrative Agent (subject to the percentage limitations set forth in Section 2 above), (i) simultaneously with or prior to the execution and delivery of this Pledge Agreement, all certificates representing the Pledged Capital Stock owned by such the Pledgor and (ii) concurrently with the delivery of the next financial statement referred to in Section 5.1(b) of the Credit Agreement after the receipt thereof by or on behalf of a the Pledgor, all other certificates and instruments constituting Pledged Collateral owned by a the Pledgor. Prior to delivery to the Administrative Agent, all such certificates and instruments constituting Pledged Collateral of a the Pledgor shall be held in trust by such the Pledgor for the benefit of the Administrative Agent pursuant hereto. All such certificates shall be delivered in suitable form for transfer by delivery or shall be accompanied by duly executed instruments of transfer or assignment in blank, substantially in the form provided in Exhibit 4(a) attached hereto.

Appears in 1 contract

Sources: Pledge Agreement (GateHouse Media, Inc.)

Delivery of Certificates and Instruments. Each Pledgor shall deliver as security to the Administrative Collateral Agent (subject to the percentage limitations set forth in Section 2 above), ) (i) simultaneously with or prior to the execution and delivery of this Pledge Agreement, all certificates representing the Pledged Capital Stock owned by such Pledgor and (ii) concurrently with the delivery of the next financial statement referred to in Section 5.1(b) of the Credit Agreement after promptly upon the receipt thereof by or on behalf of a Pledgor, all other certificates and instruments constituting Pledged Collateral owned by a Pledgor. Prior to delivery to the Administrative Collateral Agent, all such certificates and instruments constituting Pledged Collateral of a Pledgor shall be held in trust by such Pledgor for the benefit of the Administrative Collateral Agent pursuant hereto. All such certificates shall be delivered in suitable form for transfer by delivery or shall be accompanied by duly executed instruments of transfer or assignment in blank, substantially in the form provided in Exhibit 4(a) attached hereto.

Appears in 1 contract

Sources: Pledge Agreement (Unifi Inc)

Delivery of Certificates and Instruments. Each Pledgor shall deliver as security to the Administrative Agent (subject to the percentage limitations set forth in Section 2 above), ) (i) simultaneously with or prior to the execution and delivery of this Pledge Agreement, all certificates representing the Pledged Capital Stock owned by such Pledgor and (ii) concurrently with the delivery of the next financial statement referred to in Section 5.1(b) of the Credit Agreement after promptly upon the receipt thereof by or on behalf of a Pledgor, all other certificates and instruments constituting Pledged Collateral owned by a Pledgor. Prior to delivery to the Administrative Agent, all such certificates and instruments constituting Pledged Collateral of a Pledgor shall be held in trust by such Pledgor for the benefit of the Administrative Agent pursuant hereto. All such certificates shall be delivered in suitable form for transfer by delivery or shall be accompanied by duly executed instruments of transfer or assignment in blank, substantially in the form provided in Exhibit 4(a) attached hereto.

Appears in 1 contract

Sources: Credit Agreement (Nci Building Systems Inc)