Common use of Stock Certificates and Instruments Clause in Contracts

Stock Certificates and Instruments. Delivery to the Lender of (a) certificates (which certificates shall be accompanied by irrevocable undated stock powers, duly endorsed in blank and otherwise satisfactory in form and substance to the Lender) representing all Capital Stock pledged pursuant to the Security Agreement and (b) all promissory notes or other instruments (duly endorsed, where appropriate, in a manner satisfactory to the Lender) evidencing any Collateral;

Appears in 1 contract

Sources: Credit Agreement (American Oil & Gas Inc)

Stock Certificates and Instruments. Delivery Simultaneous with ---------------------------------- the closing hereunder, delivery to the Lender Agent of (a) certificates (which certificates shall be accompanied by irrevocable undated stock powers, duly endorsed in blank and otherwise satisfactory in form and substance to the LenderAgent) representing all Capital Stock capital stock and other ownership interests pledged pursuant to the Security Agreement and any Foreign Pledge Agreement and (b) all promissory notes or other instruments (duly endorsed, where appropriate, in a manner satisfactory to the LenderAgent) evidencing any Collateral;

Appears in 1 contract

Sources: Credit Agreement (Katy Industries Inc)

Stock Certificates and Instruments. Delivery to the Lender Facility Manager of (a) certificates (which certificates shall be accompanied by irrevocable undated stock powers, duly endorsed in blank and otherwise satisfactory in form and substance to the LenderFacility Manager) representing all Capital Stock capital stock pledged pursuant to the Security Company Pledge Agreement and (b) all promissory notes or other instruments (duly endorsed, where appropriate, in a manner satisfactory to the LenderFacility Manager) evidencing any Collateral;

Appears in 1 contract

Sources: Term Loan Agreement (Oxford Health Plans Inc)