Common use of Subsequently Acquired Securities Clause in Contracts

Subsequently Acquired Securities. If Pledgor shall acquire (by -------------------------------- purchase, stock dividend or otherwise) any additional Securities, at any time or from time to time after the date hereof, Pledgor will forthwith pledge and deposit such Securities as security with Pledgee and deliver to Pledgee or Bailee certificates therefor accompanied by stock powers duly executed in blank by Pledgor or such other instruments of transfer as are acceptable to Pledgee, and will concurrently deliver to Pledgee a certificate executed by Pledgor describing such Securities and certifying that the same have been duly pledged with Pledgee or Bailee hereunder.