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Common use of Cancellation of Certificates Clause in Contracts

Cancellation of Certificates. All certificates delivered to the Company will be canceled and, except in case of loss, theft or destruction of the certificates, no new certificate will be issued until the previous one(s) with the same number of shares of the same class of capital have been delivered and cancelled.

Appears in 4 contracts

Sources: Concession Agreement for the Exploration and Exploitation of Hydrocarbons (Infinity Energy Resources, Inc), Concession Agreement for Exploration and Exploitation of Hydrocarbons (Infinity Energy Resources, Inc), Concession Agreement for Exploration and Exploitation of Hydrocarbons (Infinity Energy Resources, Inc)

Related Clauses

  • Cancellation of Certificate
  • Retention of Certificates
  • Execution of Certificates
  • Designation of Certificates
  • Delivery and Cancellation of Certificates

Parent Clauses

  • The Certificates
  • Grant Clause
  • Purchase of Mortgage Loans
  • Definitions
  • Obligations in Respect of Proposed Eminent Domain Mortgage Loan Acquisition

Sub-Clauses

  • Quorum
  • Duties, Number and Election of Directors
  • Removal from office
  • Notices
  • Exculpation
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