Common use of Lost or Worn Certificates Clause in Contracts

Lost or Worn Certificates. If a certificate for registered Interests is worn out or lost it may be renewed on production of the worn out certificate or on satisfactory proof of its loss together with such indemnity as may be required by the Managers.

Lost or Worn Certificates. If a certificate for registered Interests is worn out or lost it may be renewed on production of the worn out certificate or on satisfactory proof of its loss together with such indemnity as may my be required by the Managers.