Ownership Certificates. The Company shall issue a certificate to the Member to evidence the Interest in the Company. The Member or any manager or officer of the Company may execute such certificate on behalf of the Company.
Ownership Certificates. Custodian shall execute in the name of Client such ownership and other certificates as may be required to obtain payment or exercise rights in respect of the Securities; provided, however, that Custodian shall not be authorized to exercise voting rights held in respect of the Securities other than as directed in writing by Client.
Ownership Certificates. The Company may, but is not required to, issue a certificate to the Member to evidence the Interest. If issued, the Member or any officer of the Company may sign such certificate on behalf of the Company. The Member may also deem the Interest a “security” under Section 104.8102(1)(o) of the UCC; in such event, a legend so stating shall be affixed to any certificate issued to the Member. In addition, any required gaming legend shall be affixed to any such certificate.
Ownership Certificates. In connection with the Securities the Agent is hereby authorized to sign on behalf of and as agent for the Pledgor such income tax ownership certificates as may be required.
Ownership Certificates. The Company may issue a certificate to each Member to represent such Member's Interest. Any Manager or officer of the Company may sign such certificate on behalf of the Company. The Company shall issue a new ownership certificate in place of any previously issued if the record holder of the certificate (a) presents proof by affidavit, in form and substance satisfactory to the Managers, that a previously issued ownership certificate has been lost, mutilated, destroyed or stolen and agrees to indemnify the Company for any lost, cost damage or expense arising from the issuance of a replacement certificate; and (b) if requested by the Managers, delivers to the Company a bond, in form and substance reasonably satisfactory to the Managers, with such surety or sureties and with fixed or open penalty as the Managers may direct in its reasonable discretion, to indemnify the Company against any claim that may be made on account of the alleged loss, destruction or theft of the ownership certificate. If a Member fails to notify the Company within a reasonable time after it has knowledge of the loss, destruction or theft of such Member's ownership certificate, and a transfer of the Member's Interest represented by that ownership certificate is registered before receiving such notification, the Company shall have no liability with respect to any claim against the Company for such transfer or for the issuance of a new ownership certificate consistent with such registration.
Ownership Certificates. In the discretion of the Members, Ownership Interest may be represented by certificates.
Ownership Certificates. The Company may issue an ownership certificate to each Member to represent such Member's Shares in the Company upon execution of this Agreement, the payment of the required Capital Contributions by such Member, and the execution of a subscription agreement if requested by the Company. Each ownership certificate shall be endorsed and affixed with the following legends: THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION UNDER THE SECURITIES ACT OF 1933, 15 U.S.C. 15b ET SEQ., AS AMENDED (THE "FEDERAL ACT"), OR REGISTERED WITH OR QUALIFIED UNDER THE SECURITIES LAWS OF ANY STATE (THE "STATE ACTS"), IN RELIANCE UPON ONE OR MORE EXEMPTIONS FROM THE REGISTRATION REQUIREMENTS OF THE FEDERAL ACT AND THE STATE ACTS. NO SALE OR OTHER TRANSFER OF THESE SECURITIES OR ANY INTEREST THEREIN TO, OR RECEIPT OF ANY CONSIDERATION THEREFOR, MAY BE MADE IF THE PROPOSED SALE OR OTHER TRANSFER OF THESE SECURITIES AFFECTS THE AVAILABILITY TO THE COMPANY OF SUCH EXEMPTIONS FROM REGISTRATION AND QUALIFICATION, AND ANY SUCH PROPOSED SALE OR OTHER TRANSFER MUST BE IN COMPLIANCE WITH ALL APPLICABLE FEDERAL AND STATE SECURITIES LAWS. THEREFORE, MEMBERS MAY NOT BE ABLE TO LIQUIDATE THEIR INVESTMENTS AND THESE SECURITIES MAY NOT BE READILY ACCEPTED AS COLLATERAL FOR A LOAN. THE SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO THAT CERTAIN OPERATING AGREEMENT OF THE COMPANY, DATED AS OF , 2000, BY AND AMONG THE COMPANY AND THE HOLDER OF THIS CERTIFICATE, AND THE RESTRICTIONS ON TRANSFER, THE VOTING RIGHTS OF THE MEMBERS, AND THE OTHER AGREEMENTS SET FORTH THEREIN. The Company shall issue a new ownership certificate in place of any previously issued if the record holder of the certificate (a) presents proof by affidavit, in form and substance satisfactory to the Managing Member, that a previously issued ownership certificate has been lost, destroyed or stolen, or (b) if requested by the Managing Member, delivers to the Company a bond, in form and substance reasonably satisfactory to the Managing Member, with such surety or sureties and with fixed or open penalty as the Managing Member may direct in its reasonable discretion, to indemnify the Company against any claim that may be made on account of the alleged loss, destruction or theft of the ownership certificate. If a Member fails to notify the Company within a reasonable time after it has knowledge of the loss, destruction or theft of an ownership certificate, and a tr...
Ownership Certificates. In connection with the Securities MFC is hereby authorized to sign on behalf of and as agent for Druxxxxx xxch income tax ownership certificates as may be required. EXECUTED as of the 30th day of August, 1999. SIGNED, SEALED and DELIVERED by ) DRUXXXXX XXNANCIAL ) CORPORATION in the presence of: ) By: ) -------------------------------- ) /s/ Micxxxx X. Xxxxx Xxtness ) ------------------------------ -------------------------------- ) Authorized Signatory Address ) -------------------------------- ) ) ------------------------------ -------------------------------- ) Authorized Signatory Occupation
Ownership Certificates. The Certificate Distribution Account shall be an Eligible Account. If an existing Certificate Distribution Account ceases to be an Eligible Account, the Administrator shall establish a new Certificate Distribution Account that is an Eligible Account within 10 days and transfer all funds and investment property on deposit in such existing Certificate Account into such new Certificate Account. On each Payment Date, the Administrator shall withdraw from the Note Payment Account all amounts required to be deposited in the Certificate Distribution Account pursuant to Section 4.1(d)(ix) and deposit such amounts into the Certificate Distribution Account. On each Payment Date, the Administrator, on behalf of the Trust, shall distribute all amounts on deposit in the Certificate Distribution Account in accordance with the provisions of the Trust Agreement. On the Payment Date on which the Class Principal Amount of the Notes is reduced to zero, the Administrator shall distribute all amounts remaining on deposit in the Certificate Distribution Account in accordance with the provisions of the Trust Agreement in order to clear and terminate the Certificate Distribution Account in connection with the termination of this Agreement. All distributions made on the Ownership Certificates shall be made by wire transfer of immediately available funds to an account specified by the Residual Holder. The final distribution on the Ownership Certificates shall be made in like manner, but only upon presentment and surrender of such Ownership Certificates at the location specified in the notice to the Residual Holder of such final distribution.
Ownership Certificates. After the Effective Date, each holder of an outstanding certificate or certificates theretofore representing shares of capital stock of the Merging Company, if any, may surrender the same to the Surviving Company for cancellation.
