Common use of REPLACEMENT CERTIFICATE Clause in Contracts

REPLACEMENT CERTIFICATE. Any officer designated by the Board of Directors may direct a new certificate to be issued in place of any certificate previously issued by the Corporation alleged to have been lost, stolen or destroyed upon the making of an affidavit of that fact by the person claiming the certificate to be lost, stolen or destroyed. When authorizing the issuance of a new certificate, the officer designated by the Board of Directors may, in his discretion and as a condition precedent to the issuance thereof, require the owner of such lost, stolen or destroyed certificate or the owner's legal representative to advertise the same in such manner as he shall require and/or to give bond, with sufficient surety, to the Corporation to indemnify it against any loss or claim which may arise as a result of the issuance of a new certificate.

Appears in 3 contracts

Sources: Securities Purchase Agreement (Prison Realty Trust Inc), Securities Purchase Agreement (Prison Realty Trust Inc), Securities Purchase Agreement (Prison Realty Trust Inc)

REPLACEMENT CERTIFICATE. Any officer designated by the Board of Directors Trustees may direct a new certificate to be issued in place of any certificate previously issued by the Corporation Trust alleged to have been lost, stolen or destroyed upon the making of an affidavit of that fact by the person claiming the certificate to be lost, stolen or destroyed. When authorizing the issuance of a new certificate, the an officer designated by the Board of Directors Trustees may, in his discretion and as a condition precedent to the issuance thereof, require the owner of such lost, stolen or destroyed certificate or the owner's legal representative to advertise the same in such manner as he shall require and/or to give bond, with sufficient surety, to the Corporation Trust to indemnify it against any loss or claim which may arise as a result of the issuance of a new certificate.

Appears in 2 contracts

Sources: Merger Agreement (Cv Reit Inc), Merger Agreement (Kranzco Realty Trust)

REPLACEMENT CERTIFICATE. Any officer designated by the Board of Directors Trustees may direct a new certificate to be issued in place of any certificate previously issued by the Corporation Trust alleged to have been lost, stolen or destroyed upon the making of an affidavit of that fact by the person claiming the certificate to be lost, stolen or destroyed. When authorizing the issuance of a new certificate, the officer designated by the Board of Directors Trustees may, in his discretion and as a condition precedent to the issuance thereof, require the owner of such lost, stolen or destroyed certificate or the owner's legal representative to advertise the same in such manner as he shall require and/or to give bond, with sufficient surety, to the Corporation Trust to indemnify it against any loss or claim which may arise as a result of the issuance of a new certificate.

Appears in 1 contract

Sources: Agreement and Plan of Combination (Rockefeller Center Properties Inc)

REPLACEMENT CERTIFICATE. Any officer designated by the Board of Directors Trustees may direct a new certificate to be issued in place of any certificate previously issued by the Corporation Trust alleged to have been lost, stolen or destroyed upon the making of an affidavit of that fact by the person claiming the certificate to be lost, stolen or destroyed. When authorizing the issuance of a new certificate, the an officer designated by the Board of Directors Trustees may, in his or her discretion and as a condition precedent to the issuance thereof, require the owner of such lost, stolen or destroyed certificate or the owner's ’s legal representative to advertise the same in such manner as he or she shall require and/or to give bond, with sufficient surety, to the Corporation Trust to indemnify it against any loss or claim which may arise as a result of the issuance of a new certificate.

Appears in 1 contract

Sources: Preferred Equity Investment Agreement (Mack Cali Realty L P)

REPLACEMENT CERTIFICATE. Any officer designated by the Board of Directors may direct a new certificate to be issued in place of any certificate previously issued by the Corporation alleged to have been lost, stolen or destroyed upon the making of an affidavit of that fact by the person claiming the certificate to be lost, stolen or destroyed. When authorizing the issuance of a new certificate, the an officer designated by the Board of Directors may, in his discretion and as a condition precedent to the issuance thereof, require the owner of such lost, stolen or destroyed certificate or the owner's legal representative to advertise the same in such manner as he shall require and/or to give bond, with sufficient surety, to the Corporation to indemnify it against any loss or claim which may arise as a result of the issuance of a new certificate.

Appears in 1 contract

Sources: Common Stock and Preferred Stock Purchase Agreement (Wellsford Real Properties Inc)