Common use of Return of Security Clause in Contracts

Return of Security. When the Obligations have been paid in full, Agent shall promptly deliver the certificates representing the Shares then held by it and all related stock powers to Pledgor.

Appears in 5 contracts

Sources: Pledge Agreement (Digital Recorders Inc), Pledge Agreement (Integrated Security Systems Inc), Pledge Agreement (Cover All Technologies Inc)

Return of Security. When the Obligations have Loan has been paid in full, Agent shall promptly deliver the certificates representing the Shares then held by it and all related stock powers to Pledgor.

Appears in 1 contract

Sources: Pledge Agreement (Active Link Communications Inc)