Common use of Issuance of New Certificates to Pledgee Clause in Contracts

Issuance of New Certificates to Pledgee. A pledgee of Shares transferred as collateral security shall be entitled to a new certificate if the instrument of transfer substantially describes the debt or duty that is intended to be secured thereby. Such new certificate shall express on its face that it is held as collateral security, and the name of pledgor shall be stated thereon, who alone shall be liable as a Shareholder and entitled to vote thereon.

Appears in 146 contracts

Sources: Bylaws (Pimco California Municipal Income Fund), Bylaws (Pimco Municipal Income Fund Iii), Bylaws (Pimco California Municipal Income Fund Iii)

Issuance of New Certificates to Pledgee. A pledgee of Shares shares transferred as collateral security shall be entitled to a new certificate if the instrument of transfer substantially describes the debt or duty that is intended to be secured thereby. Such new certificate shall express on its face that it is held as collateral security, and the name of the pledgor shall be stated thereon, who alone shall be liable as a Shareholder shareholder and entitled to vote thereon.

Appears in 45 contracts

Sources: By Laws (Loomis Sayles Alternative Asset Based Solutions Income Fund), By Laws (Undiscovered Managers Funds), By Laws (Undiscovered Managers Funds)

Issuance of New Certificates to Pledgee. A pledgee of Shares transferred as collateral security shall be entitled to a new certificate if the instrument of transfer substantially describes the debt or duty that is intended to be secured thereby. Such new certificate shall express on its face that it is held as collateral security, and the name of the pledgor shall be stated thereon, who alone shall be liable as a Shareholder and entitled to vote thereon.

Appears in 25 contracts

Sources: By Laws (AMG Funds I), By Laws (Amg Funds Iii), By Laws (Amg Funds Iii)

Issuance of New Certificates to Pledgee. A pledgee of Shares shares transferred as collateral security shall be entitled to a new certificate if the instrument of transfer substantially describes the debt or duty that is intended to be secured thereby. Such new certificate certificates shall express on its face that it is held as collateral security, and the name of the pledgor shall be stated thereon, who alone shall be liable as a Shareholder shareholder and entitled to vote thereon.

Appears in 10 contracts

Sources: Bylaws (Sterling Capital Funds), Bylaws (Sanwa Mutual Funds Group), Bylaws (Empire Builder Tax Free Bond Fund)

Issuance of New Certificates to Pledgee. A pledgee of Shares --------------------------------------- transferred as collateral security shall be entitled to a new certificate if the instrument of transfer substantially describes the debt or duty that is intended to be secured thereby. Such new certificate shall express on its face that it is held as collateral security, and the name of pledgor shall be stated thereon, who alone shall be liable as a Shareholder and entitled to vote thereon.

Appears in 9 contracts

Sources: Bylaws (Pimco New York Municipal Income Fund), Bylaws (Pimco Municipal Income Fund), Bylaws (Pimco New York Municipal Income Fund)

Issuance of New Certificates to Pledgee. A pledgee of Shares shares transferred --------------------------------------- as collateral security shall be entitled to a new certificate if the instrument of transfer substantially describes the debt or duty that is intended to be secured thereby. Such new certificate shall express on its face that it is held as collateral security, and the name of the pledgor shall be stated thereon, who alone shall be liable as a Shareholder shareholder and entitled to vote thereon.

Appears in 3 contracts

Sources: By Laws (Loomis Sayles Funds), By Laws (Loomis Sayles Investment Trust), By Laws (Magna Funds /Ma/)

Issuance of New Certificates to Pledgee. A pledgee of Shares shares transferred as collateral security shall be entitled to a new certificate if the instrument of transfer substantially describes the debt or duty that is intended to be secured thereby. Such new certificate shall express on its face that it is held as collateral security, and the name of the pledgor shall be stated thereon, ; who alone shall be liable as a Shareholder shareholder and entitled to vote thereon.

Appears in 3 contracts

Sources: By Laws (Saba Capital Income & Opportunities Fund), By Laws (Voya PRIME RATE TRUST), By Laws (Voya PRIME RATE TRUST)

Issuance of New Certificates to Pledgee. A pledgee of Shares shares --------------------------------------- transferred as collateral security shall be entitled to a new certificate if the instrument of transfer substantially describes the debt or duty that is intended to be secured thereby. Such new certificate certificates shall express on its face that it is held as collateral security, and the name of the pledgor shall be stated thereon, who alone shall be liable as a Shareholder shareholder and entitled to vote thereon.

Appears in 2 contracts

Sources: Bylaws (Quantitative Group of Funds), By Laws (Tocqueville Trust)

Issuance of New Certificates to Pledgee. A pledgee of Shares transferred as collateral security security, if share certificates were issued for such shares, shall be entitled to a new certificate if the instrument of transfer substantially describes the debt or duty that is intended to be secured thereby. Such new certificate shall express on its face that it is held as collateral security, and the name of the pledgor shall be stated thereon, who alone shall be liable as a Shareholder and entitled to vote thereon.

Appears in 2 contracts

Sources: Bylaws (Ashmore Funds), Bylaws (Ashmore Funds)

Issuance of New Certificates to Pledgee. A pledgee of Shares shares --------------------------------------- transferred as collateral security shall be entitled to a new certificate if the instrument of transfer substantially describes the debt or duty that is intended to be secured thereby. Such new certificate shall express on its face that it is held as collateral security, and the name of pledgor shall be stated thereon, who alone shall be liable as a Shareholder shareholder and entitled to vote thereon.

Appears in 2 contracts

Sources: Bylaws (Pimco Funds Multi Manager Series), Bylaws (Pimco Funds Equity Advisors Series)

Issuance of New Certificates to Pledgee. A pledgee of Shares shares transferred as collateral security shall be entitled to a new certificate if the instrument of transfer substantially describes the debt or duty that the is intended to be secured thereby. Such new certificate shall express on its face that it is held as collateral security, and the name of the pledgor shall be stated thereon, who alone shall be liable as a Shareholder shareholder and entitled to vote thereon.

Appears in 2 contracts

Sources: By Laws (Natixis Funds Trust III), By Laws (IXIS Advisor Funds Trust III)

Issuance of New Certificates to Pledgee. A pledgee of Shares transferred as collateral security shall be entitled to a new certificate if the instrument of transfer substantially describes the debt or duty that is intended to be secured thereby. Such new certificate shall express on its face that it is held as collateral security, and the name of pledgor shall be stated thereon, who alone shall be liable as a Shareholder and entitled to vote thereon.. -5- 9.4

Appears in 1 contract

Sources: Bylaws (Pimco Municipal Income Fund Iii)

Issuance of New Certificates to Pledgee. A pledgee of Shares shares transferred as collateral security shall be entitled to a new certificate if the instrument of transfer substantially describes the debt or duty that is intended to be secured thereby. Such new certificate shall express on its face that it is held as collateral security, and the name of the pledgor shall be stated thereon, ,; who alone shall be liable as a Shareholder shareholder and entitled to vote thereon.

Appears in 1 contract

Sources: By Laws (Ing Prime Rate Trust)

Issuance of New Certificates to Pledgee. A pledgee of Shares transferred as collateral security shall be entitled to a new certificate if the instrument of transfer substantially describes the debt or duty that is intended to be secured thereby. Such new certificate certificates shall express on its face that it is held as collateral security, and the name of the pledgor shall be stated thereon, who alone shall be liable as a Shareholder and entitled to vote thereon.shall

Appears in 1 contract

Sources: Bylaws (Schwab Investments)