Issue of Stock or Shares Certificates Clause Samples

The 'Issue of Stock or Shares Certificates' clause defines the company's obligation to provide official documentation to shareholders as evidence of their ownership in the company. Typically, this clause outlines the process and timeframe for issuing physical or electronic certificates after shares are allotted or transferred, and may specify requirements such as payment of any applicable fees or the return of old certificates in the case of transfers. Its core function is to ensure that shareholders receive formal proof of their holdings, thereby reducing disputes over ownership and facilitating the transfer or sale of shares.
Issue of Stock or Shares Certificates. Upon the Date of Original Issue of each series of Preferred Shares, one or more certificates representing all of the shares of such series issued on such date shall be issued by the Trust and, at the request of the Trust, registered in the name of Cede & Co. and countersigned by the Auction Agent.
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Issue of Stock or Shares Certificates. Upon the Date of Original Issue of each series of MuniPreferred, one or more certificates representing all of the shares of such series issued on such date shall be issued by the Fund and, at the request of the Fund, registered in the name of Cede & Co. and countersigned by the Auction Agent.
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Issue of Stock or Shares Certificates. Upon the Date of Original Issue of each series of AMPS, one or more certificates representing all of the shares of such series issued on such date shall be issued by the Trust and, at the request of the Trust, registered in the name of Cede & Co. and countersigned by the Auction Agent.
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Issue of Stock or Shares Certificates. Upon the Date of Original Issue of APS, one or more certificates representing all of the shares of such Series W28 Preferred Shares issued on such date shall be issued by the Trust and, at the request of the Trust, registered in the name of Cede & Co. and countersigned by the Auction Agent.
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Issue of Stock or Shares Certificates. Upon the Date of Original Issue of each series of AMPS, one or more certificates representing all of the shares of such series issued on such date shall be issued by the Fund and, at the request of the Fund, registered in the name of Cede & Co. and countersigned by the Auction Agent. If there is no Securities Depository, at the Fund's option and upon its receipt of such documents as it deems appropriate, any AMPS may be registered in the Fund's stock register in the name of the Beneficial Owner thereof, and such Beneficial Owner thereupon will be entitled to receive certificates therefor and required to deliver certificates therefor upon transfer or exchange thereof. For the avoidance of doubt, such certificates should be provided by the Fund at its expense. If the certificate or certificates for AMPS are not held by the Securities Depository or its nominee, payment upon transfer or exchange will be made in same-day funds to the Auction Agent against delivery of such certificates.
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Issue of Stock or Shares Certificates. Upon the Date of Original Issue of the AMPS, one certificate representing all of the AMPS issued on such date shall be issued by the Trust and, at the request of the Trust, registered in the name of Cede & Co., as nominee of the Securities Depository, and countersigned by the Auction Agent. If there is no Securities Depository, at the Trust's option and upon its receipt of such documents as it deems appropriate, any AMPS may be registered in the Trust's stock register in the name of the Beneficial Owner thereof, and such Beneficial Owner thereupon will be entitled to receive certificates therefor and required to deliver certificates therefor upon transfer or exchange thereof. If the certificate or certificates for AMPS are not held by the Securities Depository or its nominee, payment will be made in same-day funds to the Auction Agent against delivery of such certificates.
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Related to Issue of Stock or Shares Certificates

  • Issuance of Stock Certificates In the event of any exercise of this Warrant in accordance with and subject to the terms and conditions hereof, certificates for the shares of Warrant Stock so purchased shall be dated the date of such exercise and delivered to the Holder hereof within a reasonable time, not exceeding three (3) Trading Days after such exercise (the “Delivery Date”) or, at the request of the Holder (provided that a registration statement under the Securities Act providing for the resale of the Warrant Stock is then in effect), issued and delivered to the Depository Trust Company (“DTC”) account on the Holder’s behalf via the Deposit Withdrawal Agent Commission System (“DWAC”) within a reasonable time, not exceeding three (3) Trading Days after such exercise, and the Holder hereof shall be deemed for all purposes to be the holder of the shares of Warrant Stock so purchased as of the date of such exercise. Notwithstanding the foregoing to the contrary, the Issuer or its transfer agent shall only be obligated to issue and deliver the shares to the DTC on a holder’s behalf via DWAC if the Issuer and its transfer agent are participating in DTC through the DWAC system. The Holder shall deliver this original Warrant, or an indemnification undertaking with respect to such Warrant in the case of its loss, theft or destruction, at such time that this Warrant is fully exercised. With respect to partial exercises of this Warrant, the Issuer shall keep written records for the Holder of the number of shares of Warrant Stock exercised as of each date of exercise.

  • Issuance of Shares of Stock As soon as practicable following each Vesting Date (but in no event later than two and one-half months after the end of the year in which the Vesting Date occurs), the Company shall issue to the Grantee the number of shares of Stock equal to the aggregate number of Restricted Stock Units that have vested pursuant to Paragraph 2 of this Agreement on such date and the Grantee shall thereafter have all the rights of a stockholder of the Company with respect to such shares.

  • Withdrawal of Shares and Cancellation of Certificates Upon receipt of Written Instructions, PFPC shall cancel outstanding certificates surrendered by the Fund to reduce the total amount of outstanding shares by the number of shares surrendered by the Fund.

  • Shares The term “

  • Legend on Stock Certificates Certificates evidencing the Option Shares, to the extent appropriate at the time, shall have noted conspicuously on the certificates a legend intended to give all persons full notice of the existence of the conditions, restrictions, rights and obligations set forth herein and in the Plan.