Common use of Stock Powers and Instruments of Transfer Clause in Contracts

Stock Powers and Instruments of Transfer. Pledgor shall (a) upon the execution and delivery of this Pledge and Security Agreement, and simultaneously with the delivery by Pledgor of any other or additional Collateral as may be required hereunder (or, in the case of a reallocation pursuant to Section 2.7, within five Business Days after Pledgor's receipt of the new Exhibit A-1 under Section 2.7 above), and after any Exchange, promptly deliver to Pledgee, such stock powers, stock certificates, instruments, certificates, opinions of counsel, and similar documents, reasonably satisfactory in form and substance to Pledgee, with respect to the Pledged Interests as Pledgee may reasonably require in order to accomplish the purposes of this Pledge and Security Agreement, and (b) from time to time upon the request of Pledgee after the occurrence of any Event of Default relating to any such Pledged Interests, promptly take whatever action is reasonably requested by Pledgee in order to accomplish the purposes of this Pledge and Security Agreement.

Stock Powers and Instruments of Transfer. Pledgor shall (a) ---------------------------------------- upon the execution and delivery of this Pledge and Security Agreement, and simultaneously with the delivery by Pledgor of any other or additional Collateral as may be required hereunder (or, in the case of a reallocation pursuant to Section 2.7, within five Business Days after Pledgor's receipt of the new Exhibit A-1 under Section 2.7 above), and after any Exchange, promptly ----------- deliver to Pledgee, such stock powers, stock certificates, instruments, certificates, opinions of counsel, and similar documents, reasonably satisfactory in form and substance to Pledgee, with respect to the Pledged Interests as Pledgee may reasonably require in order to accomplish the purposes of this Pledge and Security Agreement, and (b) from time to time upon the request of Pledgee after the occurrence of any Event of Default relating to any such Pledged Interests, promptly take whatever action is reasonably requested by Pledgee in order to accomplish the purposes of this Pledge and Security Agreement.