Temporary Purchase Contract Certificates. (a) Pending the preparation of definitive Purchase Contract Certificates, the Company shall execute and deliver to the Agent, and the Agent (acting as Purchase Contract Registrar) shall authenticate and deliver, in lieu of such definitive Purchase Contract Certificates, temporary Purchase Contract Certificates which are in substantially the form set forth in Exhibit A, with such letters, numbers or other marks of identification or designation and such legends or endorsements printed, lithographed or engraved thereon as may, consistent herewith, be determined by the Company, as evidenced by the execution of the Purchase Contract Certificates. (b) If temporary Purchase Contract Certificates are issued, the Company will cause definitive Purchase Contract Certificates to be prepared without unreasonable delay. After the preparation of definitive Purchase Contract Certificates, the temporary Purchase Contract Certificates shall be exchangeable for definitive Purchase Contract Certificates upon surrender of the temporary Purchase Contract Certificates at the Stock Transfer Office, without charge to the Holder. Upon surrender for cancellation of any one or more temporary Purchase Contract Certificates, the Company shall execute and deliver to the Agent, and the Agent (acting as Purchase Contract Registrar) shall authenticate and deliver, in exchange therefor, one or more definitive Purchase Contract Certificates evidencing the same Purchase Contracts, as the temporary Purchase Contract Certificate or Purchase Contract Certificates so surrendered. Until so exchanged, the temporary Purchase Contract Certificates shall in all respects evidence the same entitlements and the same obligations with respect to the same Purchase Contracts, evidenced thereby as definitive Purchase Contract Certificates.
Appears in 2 contracts
Sources: Purchase Contract and Unit Agreement (Nortel Networks Corp), Purchase Contract and Unit Agreement (Nortel Networks Corp)