Replacement of Voting Trust Certificates Sample Clauses

The Replacement of Voting Trust Certificates clause outlines the process for issuing new certificates when original voting trust certificates are lost, destroyed, or stolen. Typically, this clause requires the certificate holder to provide satisfactory proof of loss and may also require an indemnity bond before a replacement is issued. Its core function is to ensure that shareholders can maintain their voting rights and interests even if their original certificates are no longer available, thereby preventing loss of rights due to circumstances beyond their control.
Replacement of Voting Trust Certificates. If a Voting Trust Certificate shall become mutilated or defaced or be destroyed, lost or stolen, the Voting Trustee may issue or cause to be issued in exchange a new Voting Trust Certificate representing the same number and kind of shares, for and upon cancellation of the mutilated Voting Trust Certificate, or, in lieu of the Voting Trust Certificate so destroyed, lost or stolen, upon (a) production of evidence of the loss, destruction or theft satisfactory to the Voting Trustee, (b) receipt of indemnity satisfactory to the Voting Trustee and (c) compliance with such other reasonable regulations as the Voting Trustee may prescribe.
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Replacement of Voting Trust Certificates. 15.01. In the event any Voting Trust Certificate becomes mutilated, destroyed, lost or stole, the Voting Trustees may, in their sole discretion, issue and deliver a new Voting Trust Certificate representing a like number of the Shares of the cleared Corporation. In the case of mutilated Voting Trust Certificates, the mutilated voting Trust Certificates shall be exchanged and canceled. In the case of destroyed, lost or stolen Voting Trust Certificates, new Voting Trust Certificates shall be issued upon production of evidence of such destruction, loss or theft that is satisfactory to the Voting Trustees, and upon receipt of indemnity satisfactory to them.
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Replacement of Voting Trust Certificates. In the event any Voting Trust Certificate shall become mutilated, lost, or destroyed, the Voting Trustee, under such conditions with respect to indemnity or otherwise as it, in its discretion, may prescribe, may provide for the issuance of a new Voting Trust Certificate in lieu of such lost or destroyed Voting Trust Certificate or in exchange for such mutilated Voting Trust Certificate.
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Replacement of Voting Trust Certificates. In the event that a Voting Trust Certificate is lost, stolen, mutilated, or destroyed, the Trustee, in his discretion, may issue a duplicate of such certificate upon receipt of each of the following: (a) evidence of such fact satisfactory to him; (b) indemnity satisfactory to him; (c) the existing certificate, if mutilated; and (d) his reasonable fees and expenses in connection with the issuance of a new certificate. The Trustee shall not be required to recognize any transfer of a Voting Trust Certificate not made in accordance with the provisions hereof, unless the person claiming such ownership shall have produced indicia of title satisfactory to the Trustee, and shall in addition deposit with the Trustee an indemnity satisfactory to him.
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Replacement of Voting Trust Certificates. In case any Voting ---------------------------------------- Trust Certificate shall become mutilated or be destroyed, lost or stolen, the holder shall immediately notify the Trustees, as trustees, who, subject to the following sentence, shall issue and deliver to the holder a new Voting Trust Certificate of like tenor and denomination in exchange for and upon cancellation of the Voting Trust Certificate so mutilated, or in substitution for the Voting Trust Certificate so destroyed, lost or stolen. The holder shall furnish proof reasonably satisfactory to the Trustees, as trustees, of such destruction, loss or theft, and, upon request, shall furnish indemnity reasonably satisfactory to the Trustees, as trustees, and shall comply with such other reasonable requirements as the Trustees, as trustees, may prescribe.
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Replacement of Voting Trust Certificates. If a Trust Certificate is lost, stolen, mutilated or destroyed, the Voting Trustee, in his discretion, may cause to be issued a duplicate Trust Certificate therefor upon receipt of: A. Evidence of such fact satisfactory to him; B. Indemnity satisfactory to him or C. The existing Trust Certificate, if mutilated.
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Replacement of Voting Trust Certificates. In the event any Voting Trust Certificate shall become mutilated, lost, or destroyed, the Voting Trustee, under such conditions with respect to indemnity or otherwise as he, in his discretion, may prescribe, may provide for the issuance of a new Voting Trust Certificate in lieu of such lost or destroyed Voting Trust Certificate or in exchange for such mutilated Voting Trust Certificate.
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Related to Replacement of Voting Trust Certificates

  • The Trust Certificates The Trust Certificates shall represent in the aggregate a 100% Percentage Interest in the Trust. On the date hereof, the Depositor or its designee shall be the sole Certificateholder of each of the Trust Certificates and each of the Trust Certificates shall be registered, upon initial issuance, in the name of the Depositor or its designee. The Trust Certificates shall be executed on behalf of the Trust by manual or facsimile signature of an Authorized Officer of the Owner Trustee. Trust Certificates bearing the manual or facsimile signatures of individuals who were, at the time when such signatures shall have been affixed, authorized to sign on behalf of the Owner Trustee, shall be validly issued and entitled to the benefit of this Agreement, notwithstanding that such individuals or any of them shall have ceased to be so authorized prior to the authentication and delivery of such Trust Certificates or did not hold such offices at the date of authentication and delivery of such Trust Certificates. A transferee of a Trust Certificate shall become a Certificateholder and shall be entitled to the rights and subject to the obligations of a Certificateholder hereunder upon such transferee’s acceptance of a Trust Certificate duly registered in such transferee’s name pursuant to Section 3.04.

  • Trust Certificates The Trustee hereby acknowledges receipt, on or prior to the Closing Date, of: (a) the Underlying Securities set forth on Schedule I hereto; and (b) all documents required to be delivered to the Trustee pursuant to Section 2.01 of the Standard Terms.

  • Trust Certificates and Transfer of Interests Section 3.01 [Reserved].

  • Definitive Trust Certificates The Trust Certificates, upon original issuance, will be issued in definitive, fully registered form.

  • Authentication of Trust Certificates On the Closing Date, the Owner Trustee shall cause the Trust Certificates to be executed on behalf of the Trust, authenticated and delivered to or upon the written order of the Depositor signed by the Depositor’s president, any vice president, secretary, treasurer or any assistant treasurer, without further company action by the Depositor. No Trust Certificate shall entitle a Certificateholder to any benefit under this Agreement or be valid for any purpose unless there shall appear on such Trust Certificate a certificate of authentication substantially in the form set forth in Exhibit A, executed by the Owner Trustee or the Certificate Registrar, as its authenticating agent, by manual signature; such authentication shall constitute conclusive evidence that such Trust Certificate shall have been duly authenticated and delivered hereunder. All Trust Certificates shall be dated the date of their authentication.