Common use of Uncertificated Pledged Collateral Clause in Contracts

Uncertificated Pledged Collateral. Upon the payment in full of all Senior Obligations and the release and termination of all Senior Liens, Grantor shall permit the Secured Party from time to time to cause the appropriate issuers (and, if held with a securities intermediary, such securities intermediary) of uncertificated securities or other types of Pledged Collateral owned by it not represented by certificates to ▇▇▇▇ their books and records with the numbers and face amounts of all such uncertificated securities or other types of Pledged Collateral not represented by certificates and all rollovers and replacements therefor to reflect the lien of the Secured Party granted pursuant to this Security Agreement. Upon the payment in full of all Senior Obligations and the release and termination of all Senior Liens, with respect to any Pledged Collateral owned by it, Grantor shall take any actions necessary to cause (1) the issuers of uncertificated securities which are Pledged Collateral, and (2) any securities intermediary which is the holder of any such Pledged Collateral, to cause the Secured Party to have and retain Control over such Pledged Collateral. Without limiting the foregoing, upon the payment in full of all Senior Obligations and the release and termination of all Senior Liens, such Grantor shall, with respect to any such Pledged Collateral held with a securities intermediary, cause such securities intermediary to enter into a control agreement with the Secured Party, in form and substance satisfactory to the Secured Party, giving the Secured Party Control.

Uncertificated Pledged Collateral. Upon the payment in full of all Senior Obligations and the release and termination of all Senior Liens, Such Grantor shall will permit the Secured Party from time to time to cause the appropriate issuers (and, if held with a securities intermediary, such securities intermediary) of uncertificated securities or other types of Pledged Collateral owned by it not represented by certificates to ▇▇▇▇ mark their books and records with the numbers and face amounts of all such uncertificated securities or other types of Pledged Collateral not represented by certificates and all rollovers and replacements therefor to reflect the lien Lien of the Secured Party granted pursuant to this Security Agreement. Upon the payment reasonable request of Secured Party and in full of all Senior Obligations and the release and termination of all Senior Liensmanner reasonably requested by Secured Party, with respect to any Pledged Collateral owned by it, such Grantor shall take any actions necessary will use commercially reasonable efforts to cause (1a) the issuers of uncertificated securities which are Pledged Collateral, Collateral and (2b) any securities intermediary which is the holder of any such Pledged Collateral, to cause the Secured Party to have and retain Control over such Pledged Collateral. Without limiting the foregoing, upon the payment in full of all Senior Obligations and the release and termination of all Senior Liens, such Grantor shallwill use commercially reasonable efforts, with respect to any such Pledged Collateral held with a securities intermediary, if any, to cause such securities intermediary to enter into a control agreement with the Secured Party, in form and substance satisfactory to the Secured Party, giving the Secured Party Control.

Uncertificated Pledged Collateral. Upon the payment in full of all Senior Obligations and the release and termination of all Senior Liens, Grantor shall The Debtor will permit the Secured Party from time to time to cause the appropriate issuers (and, if held with a securities intermediary, such securities intermediary) of uncertificated securities or other types of Pledged Collateral owned by it not represented by certificates to ▇m▇▇▇ their books and records with the numbers and face amounts of all such uncertificated securities or other types of Pledged Collateral not represented by certificates and all rollovers and replacements therefor to reflect the lien Lien of the Secured Party Party, for the benefit of the holders of the Bonds, granted pursuant to this Security Agreement. Upon the payment in full of all Senior Obligations Agreement and the release rights of the Secured Party to foreclose, acquire, assume and termination of obtain all Senior Liens, with respect to any Pledged Collateral owned by it, Grantor shall economic ownership interests in the pledged membership or other equity interests in Debtor. The Debtor will take any commercially reasonable actions necessary to cause cause: (1a) the issuers of uncertificated securities which are Pledged Collateral, and (2b) any securities intermediary which is the holder of any such Pledged Collateral, to cause the Secured Party to have and retain Control over such Pledged Collateral. Without limiting the foregoing, upon the payment in full of all Senior Obligations and the release and termination of all Senior Liens, such Grantor shallDebtor will, with respect to any such Pledged Collateral held with a securities intermediary, use commercially reasonable efforts to cause such securities intermediary to enter into a control agreement with the Secured Party, in form and substance satisfactory to the Secured Party, Party giving the Secured Party Control.

Uncertificated Pledged Collateral. Upon the payment in full of all Senior Obligations and the release and termination of all Senior Liens, Such Grantor shall permit the Secured Party from time to time will use commercially reasonable efforts to cause the appropriate issuers (and, if held with a securities intermediary, such securities intermediary) of uncertificated securities or other types of Pledged Collateral owned by it not represented by certificates to ▇▇▇▇ their books and records with the numbers and face amounts of all such uncertificated securities or other types of Pledged Collateral not represented by certificates and all rollovers and replacements therefor to reflect the lien Lien of the Secured Party Administrative Agent granted pursuant to this Security Agreement. Upon the payment in full of all Senior Obligations and the release and termination of all Senior Liens, with respect to any Pledged Collateral owned by it, Such Grantor shall take any actions necessary will use commercially reasonable efforts to cause (1a) the issuers of uncertificated securities which are Pledged Collateral, Collateral and (2b) any securities intermediary which is the holder of any such Pledged Collateral, to cause the Secured Party Administrative Agent to have and retain Control over such Pledged Collateral. Without limiting the foregoing, upon the payment in full of all Senior Obligations and the release and termination of all Senior Liens, such Grantor shallwill, with respect to any such Pledged Collateral held with a securities intermediary, use commercially reasonable efforts to cause such securities intermediary to enter into a control agreement with the Secured PartyAdministrative Agent, in form and substance reasonably satisfactory to the Secured PartyAdministrative Agent, giving the Secured Party Administrative Agent Control.

Uncertificated Pledged Collateral. Upon the payment in full of all Senior Obligations and the release and termination of all Senior Liens, Each Grantor shall will permit the Secured Party from time to time to cause the appropriate issuers (and, if held with a securities intermediary, such securities intermediary) of uncertificated securities or other types of Pledged Collateral owned by it such Grantor not represented by certificates to ▇▇▇▇ their books and records with the numbers and face amounts of all such uncertificated securities or other types of Pledged Collateral not represented by certificates and all rollovers and replacements therefor to reflect the lien Lien of the Secured Party granted pursuant to this Security Agreement. Upon the payment in full of all Senior Obligations and the release and termination of all Senior Liens, with With respect to any Pledged Collateral owned by it, each Grantor shall will take any actions necessary to cause (1a) the issuers of uncertificated securities which are Pledged Collateral, Collateral and (2b) any securities intermediary which is the holder of any such Pledged Collateral, to cause the Secured Party to have and retain Control over such Pledged Collateral. Without limiting the foregoing, upon the payment in full of all Senior Obligations and the release and termination of all Senior Liens, such each Grantor shallwill, with respect to any such Pledged Collateral held with a securities intermediary, use its commercially-reasonable best efforts to cause such securities intermediary to enter into a control agreement with the Securities Account Control Agreement upon Secured Party, in form and substance satisfactory to the Secured Party, giving the Secured Party Control’s request.