Common use of Second Time of Delivery Clause in Contracts

Second Time of Delivery. Effective upon and subject to the receipt by Pledgor of the Additional Purchase Price at the Second Time of Delivery, Pledgor shall either (1) deliver to the Collateral Agent in pledge hereunder one or more certificates representing in the aggregate at least the Additional Share Base Amount of Class A Common Stock, registered in the name of the Collateral Agent or its nominee or duly endorsed in blank or accompanied by undated stock powers duly endorsed in blank, or (2) if such shares of Class A Common Stock are not held in certificated form but is held in book-entry form by The Depository Trust Company or any other comparable depositary, transfer such shares of Class A Common Stock to an account of the Collateral Agent or to an account (other than an account of Pledgor) designated by the Collateral Agent with The Depository Trust Company or such other depositary, as applicable.

Second Time of Delivery. Effective upon and subject to the receipt by Pledgor of the Additional Purchase Price at the Second Time of Delivery, Pledgor shall either (1) deliver to the Collateral Agent in pledge hereunder one or more certificates representing Class B Common Stock convertible upon transfer thereof equal to in the aggregate at least the Additional Share Base Amount of Class A Common Stock, registered in the name of the Collateral Agent or its nominee or duly endorsed in blank or accompanied by undated stock powers duly endorsed in blank, or (2) if such shares of Class A B Common Stock are not held in certificated form but is held in book-entry form by The Depository Trust Company or any other comparable depositary, transfer such shares of Class A B Common Stock to an account of the Collateral Agent or to an account (other than an account of Pledgor) designated by the Collateral Agent with The Depository Trust Company or such other depositary, as applicable.