Common use of Pledged Stock; Stock Powers; Acknowledgment and Consent; Pledged Notes Clause in Contracts

Pledged Stock; Stock Powers; Acknowledgment and Consent; Pledged Notes. The First Lien Credit Agent, on behalf of itself, for the benefit of the First Lien Secured Parties, and as agent and bailee for the Administrative Agent, for the benefit of the Secured Parties, shall have received the certificates representing the shares of Capital Stock of the Original Guarantors pledged pursuant to the Security Agreement, together with an undated stock power for each such certificate executed in blank by a duly authorized officer of the pledgor thereof; and