New Certificates Sample Clauses

New Certificates. Whenever the restrictions imposed by Section 3.1(f) shall terminate as herein provided, the holder of the securities as to which such restrictions have terminated shall be entitled to receive from the Company, without expense, one or more new certificates not bearing restrictive legends and not containing any reference to the restrictions imposed by this Agreement.
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New Certificates. As expeditiously as possible after the effectiveness of any registration statement filed pursuant to this Agreement, the Corporation will deliver in exchange for any legended certificate evidencing Restricted Shares so registered, new stock certificates not bearing any restrictive legends, provided that, in the event less than all of the Restricted Shares evidenced by such legended certificate are registered, the holder thereof agrees that a new certificate evidencing such unregistered shares will be issued bearing the appropriate restrictive legend.
New Certificates. As expeditiously as possible after the effectiveness of any Registration Statement filed pursuant to this Agreement, the Company will deliver in exchange for any legended certificate evidencing Registrable Shares so registered, new stock certificates not bearing any restrictive legends.
New Certificates. The Company shall issue a new Certificate in place of any Certificate previously issued if the record holder of the Certificate (a) makes proof by affidavit, in form and substance satisfactory to the Company Board, that a previously issued Certificate has been lost, destroyed or stolen, (b) requests the issuance of a new Certificate before the Company has received notice that the Certificate has been acquired by a purchaser for value in good faith and without notice of an adverse claim, (c) if requested by the Company Board, delivers to the Company a bond, in form and substance satisfactory to the Company Board, with such surety or sureties and with fixed or open liability as the Company Board may direct, to indemnify the Company, as registrar, against any claim that may be made on account of the alleged loss, destruction or theft of the Certificate, and (d) satisfies any other reasonable requirements imposed by the Company Board.
New Certificates. The Trust Company shall countersign, if necessary, and issue new certificates for the Shares upon surrender to the Trust Company of the outstanding certificates in a form endorsed for transfer acceptable to the Trust Company.
New Certificates duly register or procure that the Directors of the Corporation duly register all transfers of the Shares from time to time lodged with them by or on behalf of the Pledgee or its nominees and issue, and deliver to the Pledgee, a new certificate or certificates for the Shares in the name of the Pledgee or its nominees as soon as possible following receipt of such transfers from the Pledgee;
New Certificates. During the term of this Agreement, the Company will not remove, and will not permit to be removed (upon registration of transfer, reissuance or otherwise), the foregoing legend from any such certificate and will place or cause to be placed the foregoing legend on any new certificate issued to represent Shares theretofore represented by a certificate carrying the foregoing legend.
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New Certificates. In furtherance of its transfer of the Perri Shares to Perri pursuant to Section 2(a) hereof, promptly after the date hereof UIT will, by delivering the same to Dxxxx, deliver to Netcruise (for the benefit of Perri and UIT) UIT's stock certificate (the "Old UIT Certificate") evidencing the Shares, accompanied by (i) an appropriate assignment separate from certificate (the "Stock Assignment") covering the Perri Shares, and (ii) a copy of a written consent (the "Board Consent") of UIT's sole director adopting resolutions approving the sale of the Perri Shares to Perri. Promptly following receipt by Dxxxx of the foregoing, Netcruise shall (i) validly issue two new stock certificates evidencing the Shares, one in the amount of 1,500,000 of the Shares (the "Perri Related New Certificate") and one in the amount of 500,000 of the Shares (the "New UIT Certificate"); and (ii) deliver the Perri Related New Certificate to Perri and the New UIT Certificate to UIT. Each of Perri and Netcruise acknowledges and agrees that UIT will be deemed to have satisfied its obligations to Perri under Section 2(a) above and this Section 2(b) upon delivery of the Old UIT Certificate, Stock Assignment and Board Consent to Dxxxx in such manner and at such time as may be agreed to by Dxxxx and counsel for UIT.
New Certificates. The Board of Directors may direct a new certificate or certificates to be issued in place of any certificate or certificates theretofore issued by the Corporation and alleged to have been lost, stolen, or destroyed, upon the making of an affidavit of that fact by the person claiming the certificate of stock to be lost, stolen, or destroyed. When authorizing such issue of a new certificate or certificates, the Board of Directors may, in its discretion and as a condition precedent to the issuance thereof, require the owner of such lost, stolen, or destroyed certificate or certificates, or his legal representative, to advertise the same in such manner as it shall require or to give the Corporation a bond in such sum as it may direct as indemnity against any claim that may be made against the Corporation with respect to the certificate alleged to have been lost, stolen, or destroyed or the issuance of such new certificate.
New Certificates. Subject to the provisions of Sections 6(a) and 7, ----------------- after Vesting and the satisfaction and/or lapse of the transfer and other restrictions, terms and conditions applicable to the Shares, a new certificate representing the Shares, without the legend set forth above in Section 6(a) or other restriction, will (in lieu, and upon cancellation, of the certificate, or the portion thereof, previously representing such Shares) be registered in the name of the Participant and delivered to the Participant within fifteen business days after the later of Vesting or payment of the taxes provided in Section 7 below.
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