Common use of Stock Pledges Clause in Contracts

Stock Pledges. Fail to execute and deliver to Lender a Stock Pledge Agreement in the form of Exhibit D hereto (and comply with the perfection requirements contained therein) with respect to the Equity Securities of any Person acquired by Lender if such Person is not merged with and into Borrower within thirty (30) days after the date of closing of the acquisition.

Appears in 1 contract

Sources: Loan and Security Agreement (Pharsight Corp)

Stock Pledges. Fail to execute and deliver to Lender a Stock Pledge Agreement in the form of Exhibit D hereto (and comply with the perfection requirements contained therein) with respect to the Equity Securities of any Person acquired by Lender if such Person is not merged with and into Borrower within thirty (30) days after of the date of closing of the acquisitionacquisition (or in the case of Scientific Consulting, Incorporated by April 30, 1998).

Appears in 1 contract

Sources: Loan and Security Agreement (Pharsight Corp)