Certificates Issued Clause Samples

The "Certificates Issued" clause defines the requirement for one party to provide official documentation, such as insurance certificates or compliance certificates, to the other party as proof of meeting certain contractual obligations. Typically, this clause specifies the type of certificates required, the timeframe for their delivery, and any necessary details or endorsements that must be included. Its core practical function is to ensure transparency and verify that essential conditions—like insurance coverage or regulatory compliance—are satisfied, thereby reducing risk and providing assurance to the receiving party.
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Certificates Issued. The stock certificates evidencing the Restricted Stock shall be registered on the Company’s books in the name of the Officer as of the date hereof. Upon vesting of any part of the shares of Restricted Stock prior to any event of forfeiture under paragraph 3, by virtue of expiration of a Restriction Period set forth above or under paragraph 3 of this Agreement, the Company shall cause a stock certificate, without such restricted stock legend, to be issued covering the requisite number of vested shares of the Company’s Common Stock, registered on the Company’s books in the name of the Officer, within thirty (30) days after such vesting. Upon receipt of such stock certificate(s) without the restricted stock legend, the Officer is free to hold or dispose of such certificate, subject to (1) the general conditions and procedures provided in the Plan and this Agreement and (2) the applicable restrictions and procedures of federal and state securities laws. During each applicable Restriction Period, the shares of Restricted Stock that are not yet vested are not transferable by the Officer by means of sale, assignment, exchange, pledge or otherwise.
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Certificates Issued. The stock certificate(s) evidencing the Restricted Stock shall be issued and registered on the Company’s books in the name of the Director as of the date hereof. Upon expiration of the Restriction Period set forth above with respect to any shares of Restricted Stock, the Company shall, upon the request of the Director, cause a stock certificate or certificates, without legend, covering the requisite number of vested shares of Restricted Stock which are no longer subject to the Restriction Period, to be registered on the Company’s books in the name of the Director and delivered to the Director within thirty (30) days after such request. Upon receipt of such stock certificate(s) without the restricted stock legend, the Director shall be free to hold or dispose of such certificate(s), subject to (1) the general conditions and procedures provided in the Plan and this Agreement and (2) the applicable restrictions and procedures of federal and state securities laws.
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Certificates Issued. The stock certificates evidencing the Restricted Stock shall be registered on the Company's books in the name of the Officer as of the date hereof. Upon vesting of any part of the shares of Restricted Stock prior to any event of forfeiture under paragraph 3, by virtue of expiration of a Restriction Period set forth above or under paragraph 3 of this Agreement, the Company shall cause a stock certificate, without such restricted stock legend to be issued covering the requisite number of vested shares of the Company's Common Stock, registered on the Company's books in the name of the Officer, within thirty (30) days after such vesting. Upon receipt of such stock certificate(s) without the restricted stock legend, the Officer is free to hold or dispose of such certificate, subject to (1) the general conditions and procedures provided in the Plan and this Agreement and (2) the applicable restrictions and procedures of the securities laws of the United States of America and the Commonwealth of Virginia. During each applicable Restriction Period, the shares of Restricted Stock that are not yet vested are not transferable by the Officer by means of sale, assignment, exchange, pledge, or otherwise.
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Certificates Issued. The stock certificates evidencing the Restricted Stock shall be issued and registered on the Company’s books in the name of the Director as of the date hereof. Upon expiration of the Restriction Period set forth above, the Company shall cause a stock certificate or certificates, without such restricted stock legend, covering the requisite number of vested shares of the Company’s Common Stock, registered on the Company’s books in the name of the Director to be delivered to the Director, within thirty (30) days after such vesting. Upon receipt of such stock certificate(s) without the restricted stock legend, the Director is free to hold or dispose of such certificate, subject to (1) the general conditions and procedures provided in the Plan and this Agreement and (2) the applicable restrictions and procedures of federal and state securities laws.
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Certificates Issued. The stock certificates evidencing the Restricted Stock shall be issued and registered on the Company’s books in the name of the Consultant as of the date hereof. The Company shall cause a stock certificate or certificates, without a restricted stock legend, covering the requisite number of vested shares of the Company’s Common Stock, registered on the Company’s books in the name of the Consultant to be delivered to the Consultant, within thirty (30) days after such vesting. Upon receipt of such stock certificate(s), the Consultant is free to hold or dispose of such certificate, subject to (1) the general conditions and procedures provided in the Plan and this Agreement, (2) the applicable restrictions and procedures of federal and state securities laws and (3) the obligation of the Consultant to return to the Company the certificate in the event of any forfeiture of a portion of the award as provided in paragraph 2(b) above.
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Related to Certificates Issued

  • Certificates Any certificate signed by an officer of the Company and delivered to the Placement Agent or to counsel for the Placement Agent shall be deemed to be a representation and warranty by the Company to the Placement Agent as to the matters set forth therein.

  • Certificates and Documents The Company shall have delivered to special counsel to the Purchasers: (a) The Certificate of Incorporation of the Company, as amended and in effect as of the Closing Date (including the Certificate of Amendment), certified by the Secretary of State of the State of Delaware; (b) Certificates, as of the most recent practicable dates, as to the corporate good standing of the Company issued by the Secretary of State of the State of Delaware and the Secretary of the State of the State of Connecticut; (c) By-laws of the Company, certified by its Secretary or Assistant Secretary as of the Closing Date; and (d) Resolutions of the Board of Directors of the Company, authorizing and approving all matters in connection with this Agreement and the transactions contemplated hereby, certified by the Secretary or Assistant Secretary of the Company as of the Closing Date.

  • Certificates of Stock Each stockholder shall be entitled to a certificate signed by, or in the name of the Corporation by, the President or a Vice President, and by the Secretary or an Assistant Secretary, or the Treasurer or an Assistant Treasurer, certifying the number of shares owned by him or her. Any or all of the signatures on the certificate may be by facsimile.

  • Certificates for Units (a) Certificates representing Units shall be in such form as may be determined by the Board. Such certificates shall be signed by the President or Vice President. The signature of such officer upon such certificates may be signed manually or by facsimile. All certificates for Units shall be consecutively numbered. The name of the person owning the Units represented thereby, with the number of Units and date of issue, shall be entered on the books of the Company. All certificates surrendered to the Company for transfer shall be canceled and no new certificates shall be issued until the former certificates for a like number of Units shall have been surrendered and canceled, except that, in case of a lost, destroyed or mutilated certificate, a new certificate may be issued therefor upon such terms and indemnity to the Company as the Board may prescribe. (b) A Unit in the Company evidenced by a certificate shall constitute a security governed by Article 8 of the Uniform Commercial Code. Each certificate evidencing membership interests in the Company shall bear the following legend: “This certificate evidences an interest in «Entity Name», LLC and shall be a security for purposes of Article 8 of the Uniform Commercial Code.” No change to this provision shall be effective until all outstanding certificates have been surrendered for cancellation and any new certificates thereafter issued shall not bear the foregoing legend.

  • Certificates of the Company The Company shall furnish to the Trustee and the Collateral Agent, prior to each proposed release of Collateral pursuant to any Collateral Agreements, (i) all documents required by TIA §314(d) and (ii) an Opinion of Counsel, which may be rendered by internal counsel to the Company, to the effect that such accompanying documents constitute all documents required by TIA §314(d). The Trustee may, to the extent permitted by Sections 8.01 and 8.02 hereof, accept as conclusive evidence of compliance with the foregoing provisions the appropriate statements contained in such documents and such Opinion of Counsel.