No Share Certificates Sample Clauses

The "no-share-certificates" clause establishes that the company will not issue physical or paper share certificates to its shareholders. Instead, ownership of shares is recorded and evidenced solely through entries in the company's share register or electronic records. This approach streamlines share management, reduces administrative costs, and minimizes the risk of lost or stolen certificates. Ultimately, the clause ensures clarity and efficiency in tracking share ownership while eliminating the need for physical documentation.
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No Share Certificates. Notwithstanding anything to the contrary contained in this Certificate of Amendment, no shares of Non-Voting Preferred Stock shall be issued in physical, certificated form. All shares of Non-Voting Preferred Stock shall be evidenced by book-entry on the record books maintained by the Corporation or its transfer agent.
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No Share Certificates. The Company had not delivered, and no holder of issued and outstanding Company Shares has received, a share certificate representing such shares.
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No Share Certificates. The Shares will be issued in uncertificated form.
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No Share Certificates. The parties acknowledge and agree that the Funds shall not issue certificates representing Shares. Rather ownership of Shares shall be evidenced by book entry on the records of the Funds’ Transfer Agent.
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No Share Certificates. The Company has not issued any share certificates representing the Shares. The Shareholders hereby waive their right pursuant to the Finnish Companies Act to require the Board of Directors to issue share certificates, interim certificates, option certificate or similar securities.
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No Share Certificates. Notwithstanding anything to the contrary contained herein, no shares of Series A Preferred shall be issued in physical, certificated form. All shares of Series A Preferred shall be evidenced by book-entry on the record books maintained by the Corporation or the Transfer Agent as further described in Section 8(c)(iii).
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Related to No Share Certificates

  • Share Certificates In lieu of issuing certificates for shares, the Trustees or the transfer agent either may issue receipts therefor or may keep accounts upon the books of the Trust for the record holders of such shares, who shall in either case, for all purposes hereunder, be deemed to be the holders of certificates for such shares as if they had accepted such certificates and shall be held to have expressly assented and agreed to the terms hereof. The Trustees at any time may authorize the issuance of share certificates. In that event, each shareholder shall be entitled to a certificate stating the number of shares owned by him or her, in such form as shall be prescribed from time to time by the Trustees. Such certificate shall be signed by the President or Vice President and by the Treasurer or Assistant Treasurer. Such signatures may be facsimile if the certificate is signed by a transfer agent, or by a registrar, other than a Trustee, officer or employee of the Trust. In case any officer who has signed or whose facsimile signature has been placed on such certificate shall cease to be such officer before such certificate is issued, it may be issued by the Trust with the same effect as if he or she were such officer at the time of its issue.