Instruments and Securities. Each Grantor will (i) deliver to the Collateral Agent immediately upon execution of this Security Agreement the originals of all Securities constituting Collateral owned by such Grantor (if any then exist), (ii) deliver to the Collateral Agent within thirty days after execution of this Security Agreement the originals of all Instruments constituting Collateral owned by such Grantor (if any then exist) and (iii) hold in trust for the Collateral Agent upon receipt and immediately thereafter deliver to the Collateral Agent any additional Securities and Instruments constituting Collateral owned by such Grantor.
Appears in 2 contracts
Sources: Pledge and Security Agreement (Consumers Energy Co), Pledge and Security Agreement (Consumers Energy Co)
Instruments and Securities. Each The Grantor will (i) deliver to the Collateral Agent immediately upon execution of this Security Agreement the originals of all Securities constituting Collateral owned by such Grantor (if any then exist), (ii) deliver to the Collateral Agent within thirty days after execution of this Security Agreement the originals of all Instruments constituting Collateral owned by such the Grantor (if any then exist) and (iii) hold in trust for the Collateral Agent upon receipt and immediately thereafter deliver to the Collateral Agent any additional Securities and Instruments constituting Collateral owned by such GrantorCollateral.
Appears in 1 contract
Sources: Pledge and Security Agreement (Consumers Energy Co)