Stale Certificates Clause Samples

The Stale Certificates clause addresses the issue of certificates or documents that have become outdated or no longer accurately reflect the current status of a party or transaction. Typically, this clause sets a validity period for certificates, such as requiring that they be issued within a certain number of days prior to submission or use, ensuring that only recent and relevant documents are accepted. By doing so, the clause helps prevent reliance on outdated information, thereby reducing the risk of errors or misrepresentations in contractual dealings.
Stale Certificates. Any certificate formerly representing the Target Common Shares or the Acquiror Common Shares which is not deposited with Amalco on or prior to the first (1st) anniversary of the Closing Date shall cease to represent a right or claim of any kind or nature.
Stale Certificates. Each Fulcrum Securityholder acknowledges and covenants that any certificate formerly representing Fulcrum Shares which is not surrendered at Closing or, failing which, deposited with the Depositary on or prior to the 4th anniversary of the Effective Date shall cease to represent a right or claim of any kind or nature whatsoever.
Stale Certificates. Any certificate formerly representing RDT Shares which is not deposited with the Depositary on or prior to the day prior to the fifth (5th) anniversary of the Effective Date shall cease to represent a right or claim of any kind or nature whatsoever.
Stale Certificates. Any certificate formerly representing Inner Spirit Shares or PubCo Shares which is not exchanged in accordance with this Section 2.4 on or prior to the fourth (4th) anniversary of the Effective Date shall cease to represent a right or claim of any kind or nature whatsoever.
Stale Certificates. Subject to applicable Law, any certificate formerly representing CCC Shares or CCC Special Shares, as applicable, which is not deposited with the Depositary on or prior to the day prior to the fifth (5th) anniversary of the Effective Date shall cease to represent a right or claim of any kind or nature whatsoever.
Stale Certificates. Any certificate formerly representing Fulcrum Shares which is not deposited with the Depository on or prior to the fourth (4th) anniversary of the Effective Date shall cease to represent a right or claim of any kind or nature whatsoever.
Stale Certificates. Notwithstanding anything herein contained, any certificate formerly representing Altius Shares which is not deposited with the Depositary on or prior to the second anniversary of the Effective Date shall cease to represent a right or claim of any kind or nature whatsoever. Any certificate formerly representing Immunall Shares which is not deposited with the Depositary on or prior to the second anniversary of the Effective Date shall cease to represent a right or claim of any kind or nature whatsoever.

Related to Stale Certificates

  • Single Certificate A Single Certificate for each Class of Class A Certificates (other than the Class A-R Certificate) and each Class of Class B Certificates (other than the Class B-4, Class B-5 and Class B-6 Certificates) represents a $100,000 Denomination. A Single Certificate for the Class A-R Certificate represents a $100 Denomination. A Single Certificate for the Class B-4 and Class B-6 Certificates represents a $250,000 Denomination. The Class B-5 Certificates will be issued as a Single Certificate with a Denomination equal to its Original Principal Balance.

  • Class PO Certificates Private Certificates..................................... Class P, Class B-4, Class B-5 and Class B-6 Certificates. Rating Agencies.......................................... Fitch and S&P. Regular Certificates..................................... All Classes of Certificates other than the Class A-R Certificates. Residual Certificate..................................... Class A-R Certificates.

  • Class R Certificates Subordinated Certificates.... Class M-1, Class M-2, Class M-3, Class B-1, Class B-2, Class B-3 and Class B-4 Certificates.

  • Medical Certificates Where the Employer requests medical certificates the Employer shall pay the costs of such certificates.

  • Tax Certificates Each Foreign Lender listed on the signature pages hereof that has not done so on or before the First Restatement Date shall deliver to the Borrower (with a copy to the Administrative Agent), on or prior to the First Restatement Effective Date (in the case of each Foreign Lender listed on the signature pages hereof) or on the effective date of the Assignment and Assumption pursuant to which it becomes a Lender (in the case of each other Foreign Lender), and at such other times as may be necessary in the determination of the Borrower or the Administrative Agent (each in the reasonable exercise of its discretion), including upon the occurrence of any event requiring a change in the most recent counterpart of any form set forth below previously delivered by such Foreign Lender to the Borrower, such certificates, documents or other evidence, properly completed and duly executed by such Foreign Lender (i) two accurate and complete original signed copies of Internal Revenue Service Form W8-BEN or Form W8-ECI, or successor applicable form and (ii) an Internal Revenue Service Form W-8 or W-9 (or any other certificate or statement of exemption required by Treasury Regulations Section 1.1441 4(a) or Section 1.1441 6(c) or any successor thereto) to establish that such Foreign Lender is not subject to deduction or withholding of United States federal income tax under Section 1441 or 1442 of the Code or otherwise (or under any comparable provisions of any successor statute) with respect to any payments to such Foreign Lender of principal, interest, fees or other amounts payable under any of the Loan Documents. The Borrower shall not be required to pay any additional amount to any such Foreign Lender under Section 3.7(b)(iii) if such Foreign Lender shall have failed to satisfy the requirements of the immediately preceding sentence; provided that if such Foreign Lender shall have satisfied such requirements on the First Restatement Effective Date (in the case of each Foreign Lender listed on the signature pages hereof) or on the effective date of the Assignment and Assumption pursuant to which it becomes a Lender (in the case of each other Foreign Lender), nothing in this Section shall relieve the Borrower of its obligation to pay any additional amounts pursuant to Section 3.7(b)(iii) in the event that, as a result of any change in applicable law, such Foreign Lender is no longer properly entitled to deliver certificates, documents or other evidence at a subsequent date establishing the fact that such Foreign Lender is not subject to withholding as described in the immediately preceding sentence.