Stock Certificate and Stock Power Sample Clauses

The Stock Certificate and Stock Power clause outlines the requirements for delivering physical or electronic evidence of stock ownership, along with a signed instrument authorizing the transfer of those shares. Typically, this clause mandates that the seller provide the buyer with an endorsed stock certificate and a separate stock power document, which together enable the legal transfer of shares. Its core function is to ensure that the transfer of stock is properly executed and documented, thereby protecting both parties and facilitating a clear change of ownership.
Stock Certificate and Stock Power. All original stock certificates of stock evidencing the Borrower’s ownership interest in Valeritas Security, accompanied by stock powers undated and endorsed in blank, as well as original stock certificates of Valeritas Security’s class B common stock issued to the Lenders.
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Stock Certificate and Stock Power. All original stock certificates of stock evidencing the Parent’s ownership interest in the Borrower, accompanied by stock powers undated and endorsed in blank shall be in agreed form for delivery to the Lenders promptly following the Reverse Merger.
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Stock Certificate and Stock Power. The Administrative Agent shall have received (i) Certificate No. 3AC issued to Flex Power Co. evidencing 35 shares of Class A Common Shares of the Canadian Borrower and (ii) an undated stock power executed in blank by a Responsible Officer of Flex Power Co. with respect to such stock certificate.
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Stock Certificate and Stock Power. The original certificate or certificates evidencing the Pledged Shares, accompanied by stock powers, duly executed by Borrower in blank.
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Stock Certificate and Stock Power. A stock certificate for all of the Company Shares, accompanied by a stock power duly executed in blank;
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Stock Certificate and Stock Power. Deliver to the Lender an original stock certificate issued by the Borrower, representing iFresh’s ownership of 100% of the equity interests in the Borrower, together with a transfer power (undated and executed in blank), in each case, in form and substance reasonably satisfactory to the Lender.
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Related to Stock Certificate and Stock Power

  • Stock Certificate Please issue a certificate or certificates representing the shares in the name of: ¨ The undersigned ¨ Other—Name:

  • Stock Certificates Certificates representing the Common Stock issued pursuant to the Award will bear all legends required by law and necessary or advisable to effectuate the provisions of the Plan and this Award. The Company may place a “stop transfer” order against shares of the Common Stock issued pursuant to this Award until all restrictions and conditions set forth in the Plan or this Agreement and in the legends referred to in this Section 12 have been complied with.

  • Legend on Stock Certificates Certificates evidencing the Option Shares, to the extent appropriate at the time, shall have noted conspicuously on the certificates a legend intended to give all persons full notice of the existence of the conditions, restrictions, rights and obligations set forth herein and in the Plan.

  • STOCK AND STOCK CERTIFICATES Section 1. Shares of stock shall be transferrable on the books of the Company and a transfer book shall be kept in which all transfers of stock shall be recorded. Section 2. Certificate of stock shall bear the signature of the President or any Vice President, however denominated by the Board of Directors and countersigned by the Secretary or Treasurer or an Assistant Secretary, and the seal of the corporation shall be engraved thereon. Each certificate shall recite that the stock represented thereby is transferrable only upon the books of the Company by the holder thereof or his attorney, upon surrender of the certificate properly endorsed. Any certificate of stock surrendered to the Company shall be cancelled at the time of transfer, and before a new certificate or certificates shall be issued in lieu thereof. Duplicate certificates of stock shall be issued only upon giving such security as may be satisfactory to the Board of Directors or the Executive Committee. Section 3. The Board of Directors of the Company is authorized to fix in advance a record date for the determination of the stockholders entitled to notice of, and to vote at, any meeting of stockholders and any adjournment thereof, or entitled to receive payment of any dividend, or to any allotment or rights, or to exercise any rights in respect of any change, conversion or exchange of capital stock, or in connection with obtaining the consent of stockholders for any purpose, which record date shall not be more than 60 nor less than 10 days proceeding the date of any meeting of stockholders or the date for the payment of any dividend, or the date for the allotment of rights, or the date when any change or conversion or exchange of capital stock shall go into effect, or a date in connection with obtaining such consent.

  • Delivery of Stock Certificates, etc on Exercise. The Company agrees that the shares of Common Stock purchased upon exercise of this Warrant shall be deemed to be issued to the Holder as the record owner of such shares as of the close of business on the date on which this Warrant shall have been surrendered and payment made for such shares in accordance herewith. As soon as practicable after the exercise of this Warrant in full or in part, and in any event within three (3) business days thereafter, the Company at its expense (including the payment by it of any applicable issue taxes) will cause to be issued in the name of and delivered to the Holder, or as such Holder (upon payment by such Holder of any applicable transfer taxes) may direct in compliance with applicable securities laws, a certificate or certificates for the number of duly and validly issued, fully paid and nonassessable shares of Common Stock (or Other Securities) to which such Holder shall be entitled on such exercise, plus, in lieu of any fractional share to which such holder would otherwise be entitled, cash equal to such fraction multiplied by the then Fair Market Value of one full share, together with any other stock or other securities and property (including cash, where applicable) to which such Holder is entitled upon such exercise pursuant to Section 1 or otherwise.