Instruments and Documents. On the Effective date such Pledgor will, with respect to each Pledged Instrument evidencing indebtedness for borrowed money owed by any Designated Entity then owned by it or any other agreement memorializing or relating to such indebtedness, deliver such Instrument or document to the Collateral Custodian as Collateral hereunder. Thereafter, whenever such Pledgor acquires any other such Instrument, such Pledgor will, as promptly as practicable, deliver such Instrument or document to the Secured Party as Collateral Hereunder.
Appears in 3 contracts
Sources: Master Transaction Agreement, Master Transaction Agreement, Master Transaction Agreement (American International Group Inc)
Instruments and Documents. On the Effective date Date such Pledgor will, with respect to each Pledged Instrument evidencing indebtedness for borrowed money owed by any Designated Entity then owned by it or any other agreement memorializing or relating to such indebtedness, deliver such Instrument or document to the Collateral Custodian as Collateral hereunder. Thereafter, whenever such Pledgor acquires any other such Instrument, such Pledgor will, as promptly as practicable, deliver such Instrument or document to the Secured Party as Collateral Hereunderhereunder.
Appears in 2 contracts
Sources: Guarantee, Pledge and Proceeds Application Agreement, Guarantee, Pledge and Proceeds Application Agreement (American International Group Inc)