Common use of Subsequent Delivery of Collateral Clause in Contracts

Subsequent Delivery of Collateral. If the Pledgor shall become entitled to receive or shall receive any securities or other property (including, without limitation, shares of Pledged Securities or instruments representing Pledged Partnership Interests acquired after the Closing Date, or any options, warrants, rights or other similar property or certificates representing a stock dividend, or any distribution in connection with any recapitalization, reclassification or increase or reduction of capital, or issued in connection with any reorganization of the Pledgor or any Subsidiary of Pledgor but excluding dividends and interest permitted to be retained under Section 5) in respect of the Pledged Securities or Pledged Partnership Interests (whether as an addition to, in substitution of, or in exchange for, such Pledged Securities or Pledged Partnership Interests or otherwise), the Pledgor agrees:

Appears in 1 contract

Sources: Credit Agreement (Susquehanna Media Co)

Subsequent Delivery of Collateral. If the a Pledgor shall become entitled to receive or shall receive any securities or other property (including, without limitation, shares of Pledged Securities or instruments representing Pledged Partnership Interests acquired after the Closing Date, or any options, warrants, rights or other similar property or certificates representing a stock dividend, or any distribution in connection with any recapitalization, reclassification or increase or reduction of capital, or issued in connection with any reorganization of the a Pledgor or any Subsidiary of a Pledgor but excluding dividends and interest permitted to be retained under Section 5) in respect of the Pledged Securities or Pledged Partnership Interests (whether as an addition to, in substitution of, or in exchange for, such Pledged Securities or Pledged Partnership Interests or otherwise), the such Pledgor agrees:

Appears in 1 contract

Sources: Credit Agreement (Susquehanna Media Co)