Common use of Deposit of Certificates Clause in Contracts

Deposit of Certificates. The Chargor shall on the date of this Agreement (or such later date as the Security Agent may agree in writing) and, in the case of Shares acquired by it or to which it becomes beneficially entitled (whether by subscription, purchase or otherwise) after the date of this Agreement, as soon as reasonably practicable and in any event within sixty (60) days from the date of that acquisition or entitlement (or such later date as the Security Agent may agree in writing), deposit (or procure there to be deposited) with the Security Agent all original certificates and other documents of title to the Shares, a copy of the updated register of members of the Company evidencing the Chargor’s ownership of the Shares and share or stock transfer forms (executed in blank by or on behalf of the Chargor) in respect of the Shares.