Common use of Defaced, Destroyed, Stolen or Lost Security Certificates Clause in Contracts

Defaced, Destroyed, Stolen or Lost Security Certificates. In the event of the defacement, destruction, theft or loss of a security certificate, the fact of such defacement, destruction, theft or loss shall be reported by the owner to the Corporation or to an agent of the Corporation (if any), on behalf of the Corporation, with a statement verified by oath or statutory declaration as to the defacement, destruction, theft or loss and the circumstances concerning the same and with a request for the issuance of a new security certificate to replace the one so defaced (together with the surrender of the defaced security certificate), destroyed, stolen or lost. Upon the giving to the Corporation (or if there be an agent, hereinafter in this Section 14.5 referred to as the “Corporation’s agent”, then to the Corporation and the Corporation’s agent) of an indemnity bond (or other security approved by the directors) in such form as is approved by the directors or by any officer of the Corporation, indemnifying the Corporation (and the Corporation’s agent if any) against all loss, damage or expense, which the Corporation and/or the Corporation’s agent may suffer or be liable for by reason of the issuance of a new security certificate to such owner, and subject to the STA, a new security certificate shall be issued in replacement of the one defaced, destroyed, stolen or lost, and such issuance may be ordered and authorized by any officer of the Corporation or by the directors.

Appears in 2 contracts

Samples: The Business Combination Agreement (Oxus Acquisition Corp.), Business Combination Agreement (Oxus Acquisition Corp.)

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Defaced, Destroyed, Stolen or Lost Security Certificates. In the event of the defacement, destruction, theft or loss of a security certificate, the fact of such defacement, destruction, theft or loss shall be reported by the owner to the Corporation or to an agent of the Corporation (if any), on behalf of the Corporation, with a statement verified by oath or statutory declaration as to the defacement, destruction, theft or loss and the circumstances concerning the same and with a request for the issuance of a new security certificate to replace the one so defaced (together with the surrender of the defaced security certificate), destroyed, stolen or lost. Upon the giving to the Corporation (or if there be an agent, hereinafter in this Section 14.5 paragraph referred to as the "Corporation’s 's agent", then to the Corporation and the Corporation’s 's agent) of an indemnity bond (or other security approved by the directors) in such form as is approved by the directors or by any officer of the Corporation, indemnifying the Corporation (and the Corporation’s 's agent if any) against all loss, damage or expense, which the Corporation and/or the Corporation’s 's agent may suffer or be liable for by reason of the issuance of a new security certificate to such owner, and subject to the STA, a new security certificate shall be issued in replacement of the one defaced, destroyed, stolen or lost, and such issuance may be ordered and authorized by any officer of the Corporation or by the directors.

Appears in 1 contract

Samples: Merger Agreement

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Defaced, Destroyed, Stolen or Lost Security Certificates. In the event case of the defacement, destruction, theft or loss of a security certificate, the fact of such defacement, destruction, theft or loss shall be reported by the owner to the Corporation or to an a trustee, registrar, transfer agent or other agent of the Corporation (if any), ) acting on behalf of the Corporation, with a statement verified by oath or statutory declaration as to the defacement, destruction, theft or loss and the circumstances concerning the same and with a request for the issuance of a new security certificate to replace the one so defaced (together with the surrender of the defaced security certificate)defaced, destroyed, stolen or lost. Upon the giving to the Corporation (or or, if there be is such an agent, hereinafter in this Section 14.5 referred to as the “Corporation’s agent”, then to the Corporation and the Corporation’s to such agent) of an indemnity bond (or other security approved by the directors) of a surety company in such form as is approved by the directors or by any authorized officer of the Corporation, indemnifying the Corporation (and the Corporation’s agent such agent, if any) against all loss, damage or and expense, which the Corporation and/or the Corporation’s such agent may suffer or be liable for by reason of the issuance of a new security certificate to such ownershareholder, and subject to provided the STACorporation or such agent does not have notice that the security has been acquired by a bona fide purchaser, a new security certificate shall may be issued in replacement of the one defaced, destroyed, stolen or lost, and if such issuance may be is ordered and authorized by any authorized officer of the Corporation or by resolution of the directors.. DIVIDENDS

Appears in 1 contract

Samples: Voting Agreement (Burger King Worldwide, Inc.)

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