Common use of Exchange of Stock Certificates Clause in Contracts

Exchange of Stock Certificates. The Company will, at its expense, promptly upon surrender of any certificates representing shares of Preferred Stock at the office of the Company referred to in, or designated pursuant to, Section 10.1 hereof, execute and deliver to any Noteholder so surrendering such certificates a new certificate or certificates in denominations specified by such Noteholder for an aggregate number of shares of Preferred Stock equal to the number of shares of such stock represented by the certificates surrendered.

Appears in 2 contracts

Samples: Exchange Agreement (Goldman Sachs Group Inc/), Exchange Agreement (Coram Healthcare Corp)

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Exchange of Stock Certificates. The Company will, at its expense, promptly upon Upon surrender of any certificates certificate representing shares the Purchased Securities, the Additional Preferred Shares, the Additional Warrants, or the common stock issuable upon exercise of Preferred Stock such Warrants for exchange at the office of the Company, the Company referred at its expense will cause to in, or designated pursuant to, Section 10.1 hereof, execute and deliver to any Noteholder so surrendering such certificates a be issued in exchange therefor new certificate or certificates in such denomination or denominations specified by such Noteholder as may be requested for an the same aggregate number of shares of Preferred Stock equal to the number of shares of such stock securities represented by the certificates surrenderedcertificate so surrendered and registered as such holder may request.

Appears in 1 contract

Samples: Securities Purchase Agreement (Firearms Training Systems Inc)

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Exchange of Stock Certificates. The Company will, at its expense, promptly upon Upon surrender of any certificates certificate representing shares the Securities, the Additional Preferred Shares, or the common stock issuable upon exercise of Preferred Stock such Warrants for exchange at the office of the Company, the Company referred at its expense will cause to in, or designated pursuant to, Section 10.1 hereof, execute and deliver to any Noteholder so surrendering such certificates a be issued in exchange therefor new certificate or certificates in such denomination or denominations specified by such Noteholder as may be requested for an the same aggregate number of shares of Preferred Stock equal to the number of shares of such stock securities represented by the certificates surrenderedcertificate so surrendered and registered as such holder may request.

Appears in 1 contract

Samples: Securities Exchange and Release Agreement (Firearms Training Systems Inc)

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