Pledged Certificated Securities Sample Clauses

The "Pledged Certificated Securities" clause defines the treatment and handling of securities that are represented by physical certificates and have been pledged as collateral under an agreement. This clause typically outlines the requirements for delivering the certificates, endorsing them appropriately, and ensuring that the secured party has control or possession of the certificates to perfect their security interest. By specifying these procedures, the clause ensures that the secured party's rights in the pledged securities are legally recognized and enforceable, thereby reducing the risk of disputes over ownership or priority in the event of default.
Pledged Certificated Securities. The Debtor will deliver to the Creditor any and all Pledged Security Certificates and other materials as may be required from time to time to provide the Creditor with control over all Pledged Certificated Securities in the manner provided under section 23 of the STA. At the request of the Creditor, the Debtor will cause all Pledged Security Certificates to be registered in the name of the Creditor or its nominee.
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Pledged Certificated Securities. The Borrower shall deliver to the Administrative Agent any and all Pledged Security Certificates and other materials as may be required from time to time to provide the Administrative Agent with control over all Pledged Certificated Securities in the manner provided under section 23 of the STA, if applicable, or other applicable laws. At the request of the Administrative Agent, the Borrower shall cause all Pledged Security Certificates to be registered in the name of the Administrative Agent or its nominee.
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Pledged Certificated Securities. Without prejudice to Section 7(d) above, the Pledgor shall deliver to the Creditor any and all Pledged Security Certificates and other materials as may be required from time to time to provide the Creditor with control over all Pledged Certificated Securities in the manner provided under section 23 of the STA. For greater certainty, the Pledgor has agreed to certificate any Collateral that currently constitutes Uncertificated Securities and deliver to the Creditor such security certificate(s) representing the Pledged Property, together with share transfer power(s) of attorney in blank with respect thereto, as soon as possible but in any event within 30 days of the date hereof.
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Pledged Certificated Securities. Such Debtor shall deliver to the Creditor any and all Pledged Security Certificates of such Debtor and other materials (including instruments of transfer reasonably satisfactory to the Creditor with respect to any Pledged Security Certificates not in bearer form) as may be required from time to time to provide the Creditor with control over all Pledged Certificated Securities of such Debtor in the manner provided under section 23 of the STA. At the request of the Creditor, such Debtor shall cause all Pledged Security Certificates of such Debtor to be registered in the name of the Creditor or its nominee.
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Pledged Certificated Securities. Promptly upon request from time to time by the Canadian Collateral Agent, such Debtor will deliver to the Canadian Collateral Agent any and all Pledged Security Certificates of such Debtor and other materials as may be required from time to time to provide the Canadian Collateral Agent with control over all Pledged Certificated Securities of such Debtor in the manner provided under section 23 of the STA. Except in the case of ULC Shares (which shall not be so registered other than in the course of realization thereon hereunder), at the request of the Canadian Collateral Agent, such Debtor will cause all Pledged Security Certificates of such Debtor to be registered in the name of the Canadian Collateral Agent or its nominee.
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Pledged Certificated Securities. Such Pledgor will, subject to subsection 3.3.1 hereof, deliver to the Canadian Collateral Agent (that will hold the same on behalf of the Secured Parties) or the Secured Party Representative, acting as agent for the Canadian Collateral Agent, any and all Pledged Security Certificates of such Pledgor and other materials as may be required from time to time to provide the Canadian Collateral Agent or such Secured Party Representative with control over all Pledged Certificated Securities of such Pledgor in the manner provided under section 23 of the STA, if applicable.
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Related to Pledged Certificated Securities

  • Certificated Securities Except as provided in this Section 2.1 or Section 2.3 or 2.4, owners of beneficial interests in Restricted Global Securities shall not be entitled to receive physical delivery of certificated Securities.

  • Uncertificated Securities The Collateral Interest shall be delivered in uncertificated form.

  • Perfection of Uncertificated Securities Collateral Each Pledgor represents and warrants that subject to the filings and other actions described in Schedule 6 to the Perfection Certificate (to the extent required to be listed on the schedules to the Perfection Certificate as of the date this representation is made or deemed made) the Secured Party has a perfected first priority security interest (to the extent perfection may be achieved by filing such UCC financing statement) in all uncertificated Pledged Securities pledged by it hereunder that are in existence on the date hereof, subject only to Permitted Liens. Each Pledgor hereby agrees that if any of the Pledged Securities are at any time not evidenced by certificates of ownership, then each applicable Pledgor shall, to the extent permitted by applicable law, (i) cause or, in the case of an issuer that is not a Subsidiary of a Pledgor, use commercially reasonable efforts to cause, the issuer to execute and deliver to the Secured Party an acknowledgment of the pledge of such Pledged Securities substantially in the form of Exhibit 1 hereto or such other form that is reasonably satisfactory to the Secured Party, and (ii) if necessary or desirable to perfect a security interest in such Pledged Securities, cause or, in the case of an issuer that is not a Pledgor, use commercially reasonable efforts to cause, such pledge to be recorded on the equityholder register or the books of the issuer, execute any customary pledge forms or other documents necessary or appropriate to complete the pledge and give the Secured Party the right to transfer such Pledged Securities under the terms hereof.

  • Uncertificated Pledged Collateral Such Grantor will permit the Collateral Agent from time to time to cause the appropriate issuers (and, if held with a securities intermediary, such securities intermediary) of uncertificated securities or other types of Pledged Collateral owned by it not represented by certificates to ▇▇▇▇ their books and records with the numbers and face amounts of all such uncertificated securities or other types of Pledged Collateral not represented by certificates and all rollovers and replacements therefor to reflect the Lien of the Collateral Agent granted pursuant to this Security Agreement. With respect to any Pledged Collateral owned by it, such Grantor will take any actions necessary to cause (a) the issuers of uncertificated securities which are Pledged Collateral and (b) any securities intermediary which is the holder of any such Pledged Collateral, to cause the Collateral Agent to have and retain Control over such Pledged Collateral. Without limiting the foregoing, such Grantor will, with respect to any such Pledged Collateral held with a securities intermediary, cause such securities intermediary to enter into a control agreement with the Collateral Agent, in form and substance satisfactory to the Collateral Agent, giving the Collateral Agent Control.

  • Delivery of Certificated Securities Collateral Each Pledgor represents and warrants that all certificates, agreements or instruments representing or evidencing the Securities Collateral in existence on the date hereof have been delivered to the Collateral Agent in suitable form for transfer by delivery or accompanied by duly executed instruments of transfer or assignment in blank and that the Collateral Agent has a perfected first priority security interest therein. Each Pledgor hereby agrees that all certificates, agreements or instruments representing or evidencing Securities Collateral acquired by such Pledgor after the date hereof shall promptly (but in any event within five days after receipt thereof by such Pledgor) be delivered to and held by or on behalf of the Collateral Agent pursuant hereto. All certificated Securities Collateral shall be in suitable form for transfer by delivery or shall be accompanied by duly executed instruments of transfer or assignment in blank, all in form and substance satisfactory to the Collateral Agent. The Collateral Agent shall have the right, at any time upon the occurrence and during the continuance of any Event of Default, to endorse, assign or otherwise transfer to or to register in the name of the Collateral Agent or any of its nominees or endorse for negotiation any or all of the Securities Collateral, without any indication that such Securities Collateral is subject to the security interest hereunder. In addition, upon the occurrence and during the continuance of an Event of Default, the Collateral Agent shall have the right at any time to exchange certificates representing or evidencing Securities Collateral for certificates of smaller or larger denominations.