Common use of Lost or Stolen Certificates Clause in Contracts

Lost or Stolen Certificates. Upon receipt by the Corporation of (i) evidence of the lost, theft, destruction or mutilation of any Series A Preferred Stock Certificate(s) and (ii) (y) in the case of loss, theft or destruction, indemnity (without any bond or other security) reasonably satisfactory to the Corporation, or (z) in the case of mutilation, the Series A Preferred Stock Certificate(s) (surrendered for cancellation), the Corporation shall execute and deliver new Series A Preferred Stock Certificate(s) of like tenor and date. However, the Corporation shall not be obligated to reissue such lost, stolen, destroyed or mutilated Series A Preferred Stock Certificate(s) if the Holder contemporaneously requests the Corporation to convert such Series A Preferred Stock.

Appears in 5 contracts

Samples: Purchase Agreement (Hightimes Holding Corp.), Option and Separation Agreement (Solaris Power Cells, Inc.), Assignment and Assumption Agreement (Hightimes Holding Corp.)

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Lost or Stolen Certificates. Upon receipt by the Corporation of (i) evidence of the lost, theft, destruction or mutilation of any Series A C Preferred Stock Certificate(s) and (ii) (y) in the case of loss, theft or destruction, indemnity (without any bond or other security) reasonably satisfactory to the Corporation, or (z) in the case of mutilation, the Series A C Preferred Stock Certificate(s) (surrendered for cancellation), the Corporation shall execute and deliver new Series A C Preferred Stock Certificate(s) of like tenor and date. However, the Corporation shall not be obligated to reissue such lost, stolen, destroyed or mutilated Series A C Preferred Stock Certificate(s) if the Holder contemporaneously requests the Corporation to convert such Series A C Preferred Stock.

Appears in 5 contracts

Samples: Securities Purchase Agreement (FUND.COM Inc.), Share Purchase Agreement (Boxlight Corp), Option Agreement (Boxlight Corp)

Lost or Stolen Certificates. Upon receipt by the Corporation of (i) evidence of the lost, theft, destruction or mutilation of any Series A B Preferred Stock Certificate(s) and (ii) (y) in the case of loss, theft or destruction, indemnity (without any bond or other security) reasonably satisfactory to the Corporation, or (z) in the case of mutilation, the Series A B Preferred Stock Certificate(s) (surrendered for cancellation), the Corporation shall execute and deliver new Series A B Preferred Stock Certificate(s) of like tenor and date. However, the Corporation shall not be obligated to reissue such lost, stolen, destroyed or mutilated Series A B Preferred Stock Certificate(s) if the Holder contemporaneously requests the Corporation to convert such Series A B Preferred Stock.

Appears in 1 contract

Samples: Termination Agreement (Iconic Brands, Inc.)

Lost or Stolen Certificates. Upon receipt by the Corporation of (i) evidence of the lostloss, theft, destruction or mutilation of any certificates representing shares of Series A C Preferred Stock Certificate(s) Stock, and (ii) (y) in the case of loss, theft or destruction, indemnity (without any an indemnity, bond or and/or other security) security reasonably satisfactory to the Corporation, or (z) in the case of mutilation, the Series A Preferred Stock Certificate(scertificate(s) (surrendered for cancellation), the Corporation shall execute and deliver new certificates representing shares of Series A C Preferred Stock Certificate(s) of like tenor and date. However, the Corporation shall not be obligated to reissue such lost, stolen, destroyed or mutilated Series A Preferred Stock Certificate(scertificate(s) if the Holder holder contemporaneously requests the Corporation to convert such Series A C Preferred Stock.

Appears in 1 contract

Samples: Securities Purchase Agreement (Draupnir LLC)

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Lost or Stolen Certificates. Upon receipt by the Corporation of (i) evidence of the lost, theft, destruction or mutilation of any Series A Preferred Stock Certificate(s) and (ii) (y) in the case of loss, theft or destruction, indemnity (without any bond or other security) reasonably satisfactory to the Corporation, or (z) in the case of mutilation, the Series A Preferred Stock Certificate(s) (surrendered for cancellation), the Corporation shall execute and deliver new Series A Preferred Stock Certificate(s) of like tenor and date. However, the Corporation shall not be obligated to reissue such lost, stolen, destroyed or mutilated Series A Preferred Stock Certificate(s) if the Holder holder contemporaneously requests the Corporation to convert such Series A Preferred Stock.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Photomedex Inc)

Lost or Stolen Certificates. Upon receipt by the Corporation of (i) evidence of the lostloss, theft, destruction or mutilation of any certificates representing shares of Series A Preferred Stock Certificate(s) Stock, and (ii) (y) in the case of loss, theft or destruction, indemnity (without any an indemnity, bond or and/or other security) security reasonably satisfactory to the Corporation, or (z) in the case of mutilation, the Series A Preferred Stock Certificate(scertificate(s) (surrendered for cancellation), the Corporation shall execute and deliver new certificates representing shares of Series A Preferred Stock Certificate(s) of like tenor and date. However, the Corporation shall not be obligated to reissue such lost, stolen, destroyed or mutilated Series A Preferred Stock Certificate(scertificate(s) if the Holder holder contemporaneously requests the Corporation to convert such Series A Preferred Stock.

Appears in 1 contract

Samples: Securities Purchase Agreement (Amcon Distributing Co)

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