Subsequently Acquired Certificates Clause Samples

Subsequently Acquired Certificates. Any additional Certificates at any time or from time to time after the date hereof acquired or otherwise held by the Pledgor (by purchase, distribution or otherwise), including any Certificates representing Pledged Securities of a Subsidiary created, formed or acquired after the date hereof, shall form part of the Collateral and the Pledgor will: (a) forthwith deliver such Certificates to the Administrative Agent endorsed for transfer in blank and/or accompanied by Transfer Documents duly executed in blank by the Pledgor, and (b) ensure that all actions required to perfect the security interest therein of the Administrative Agent under any requirement of law (including under the PPSA or other Applicable Law) are promptly taken.
View Source
Subsequently Acquired Certificates. Any additional Certificates at any time or from time to time after the date hereof acquired or otherwise held by the Pledgor (by purchase, distribution or otherwise) shall form part of the Collateral and the Pledgor will: (a) forthwith deliver such Certificates to the Administrative Agent endorsed for transfer in blank and/or accompanied by Transfer Documents duly executed in blank by the Pledgor, and (b) ensure that all actions required to perfect the security interest therein of the Administrative Agent under any requirement of law (including under the PPSA or other Applicable Law) are promptly taken.
View Source
Subsequently Acquired Certificates. Any additional Certificates at any time or from time to time after the date hereof issued and registered in the name of or otherwise held by the Grantor (by purchase, Distribution or otherwise) shall form part of the Collateral and the Grantor will: (1) forthwith deliver those Certificates to the Secured Party endorsed for transfer in blank and/or accompanied by transfer documents duly executed in blank by the Grantor; and (2) ensure that any other actions required to perfect the security interest therein of the Secured Party under any requirement of law (including under the UCC or other applicable law) are promptly taken.
View Source

Related to Subsequently Acquired Certificates

  • Subsequently Acquired Collateral If any Pledgor shall acquire (by purchase, stock dividend or otherwise) any additional Collateral at any time or from time to time after the date hereof, such Collateral shall automatically (and without any further action being required to be taken) be subject to the pledge and security interests created pursuant to Section 3.1 hereof and, furthermore, the Pledgor will promptly thereafter take (or cause to be taken) all action with respect to such Collateral in accordance with the procedures set forth in Section 3.2 hereof, and will promptly thereafter deliver to the Pledgee (i) a certificate executed by a principal executive officer of such Pledgor describing such Collateral and certifying that the same has been duly pledged in favor of the Pledgee (for the benefit of the Secured Creditors) hereunder and (ii) supplements to Annexes A through F hereto as are necessary to cause such annexes to be complete and accurate at such time. Without limiting the foregoing, each Pledgor shall be required to pledge hereunder any shares of stock at any time and from time to time after the date hereof acquired by such Pledgor of any Foreign Corporation, provided that (x) except as provided in Section 8.12 of the Credit Agreement, no Pledgor (to the extent that it is the Borrower or a Domestic Subsidiary of the Borrower) shall be required at any time to pledge hereunder more than 65% of the Voting Stock of any Foreign Corporation and (y) each Pledgor shall be required to pledge hereunder 100% of any Non-Voting Stock at any time and from time to time acquired by such Pledgor of any Foreign Corporation.

  • Closing Transactions On the terms and subject to the conditions set forth in this Agreement, the following transactions shall occur in the order set forth in this Section 2.1:

  • Processing Transactions 2 2.1 Timely Pricing and Orders.................................... 2 2.2

  • Off-Balance Sheet Transactions There is no transaction, arrangement or other relationship between the Company or any of its Subsidiaries and an unconsolidated or other off-balance sheet entity which is required to be disclosed in the Registration Statement, the Pricing Disclosure Package and the Prospectus (other than as disclosed therein).

  • Pre-Closing Transactions Prior to the purchase of the Initial Securities on the Closing Date, the Pre-Closing Transactions shall have been duly consummated at the respective times and on the terms contemplated by this Agreement, the General Disclosure Package and the Prospectus and the Representatives shall have received such evidence that the Pre-Closing Transactions have been consummated as the Representatives may reasonably request.