Common use of Multiple Certificates Clause in Contracts

Multiple Certificates. From and after the Closing Date, if the Collateral Agent delivers Common Share certificates and/or stock powers representing the Pledged Shares to the Company with instructions to reissue multiple certificates and stock powers in replacement of one or more certificates and stock powers in larger denominations, the Company shall cause its transfer agent to comply with such request promptly, but in no event later than three (3) Trading Days after receipt of the Common Share certificates representing the Pledged Shares; provided, that the Company shall not be required to break down the Pledged Shares into more than twenty (20) Common Share certificates and stock powers at any one time.

Appears in 2 contracts

Sources: Securities Purchase Agreement (A-Power Energy Generation Systems, Ltd.), Securities Purchase Agreement (A-Power Energy Generation Systems, Ltd.)