Common use of Stock Pledges Clause in Contracts

Stock Pledges. The Loan Parties shall have delivered to Administrative Agent pursuant to each Collateral Security Agreement the stock certificates (which certificates shall be accompanied by irrevocable undated stock powers duly endorsed in blank and irrevocable proxies, all satisfactory in form and substance to Administrative Agent), certificated partnership interests, certificated limited liability company membership interests, promissory notes and other instruments, (in each case duly endorsed to the order of Administrative Agent, as Agent for Lenders, as secured party), representing the capital stock, partnership interests, limited liability company membership interests, promissory notes and other instruments to be pledged on the Closing Date pursuant to the Collateral Security Agreements.

Stock Pledges. The Loan Parties shall have delivered to Administrative Agent pursuant to each the Collateral Security Agreement the stock certificates (which certificates shall be accompanied by irrevocable undated stock powers duly endorsed in blank and irrevocable proxies, all satisfactory in form and substance to Administrative Agent), certificated partnership interests, certificated limited liability company membership interests, promissory notes and other instruments, (in each case duly endorsed to the order of Administrative Agent, as Agent for Lenders, as secured party), representing the capital stock, partnership interests, limited liability company membership interests, promissory notes and other instruments to be pledged on the Closing Date pursuant to the Collateral Security AgreementsAgreement.