Common use of Delivery to Collateral Agent Clause in Contracts

Delivery to Collateral Agent. All certificates and instruments, whether negotiable or otherwise, representing or evidencing the Pledged Collateral shall be delivered to the Collateral Agent duly endorsed in blank or accompanied by undated stock powers, instruments of transfer or undated assignments duly executed in blank, in each case with signatures guaranteed and otherwise in form and substance satisfactory to the Agent (the "Stock Powers").

Appears in 2 contracts

Sources: Subsidiaries Stock Pledge Agreement (Northstar Health Services Inc), Company Pledge Agreement (Northstar Health Services Inc)