Common use of Issuance of Certificate Clause in Contracts

Issuance of Certificate. In the event that Shares are to be issued upon any lapse of restrictions relating to the Performance Share Units, the Trust shall issue to the Grantee or the Grantee’s personal representative a share certificate representing such Shares.

Appears in 6 contracts

Samples: Performance Share Unit (PennyMac Mortgage Investment Trust), Performance Share Unit (PennyMac Mortgage Investment Trust), Performance Share Unit (PennyMac Mortgage Investment Trust)

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Issuance of Certificate. In the event that Shares are to be issued upon any lapse of restrictions relating to the Performance Restricted Share Units, the Trust shall issue to the Grantee or the Grantee’s personal representative a share certificate representing such Shares.

Appears in 6 contracts

Samples: Restricted Share Unit (PennyMac Mortgage Investment Trust), Restricted Share Unit (PennyMac Mortgage Investment Trust), Restricted Share Unit (PennyMac Mortgage Investment Trust)

Issuance of Certificate. In the event that Shares are to be issued upon Upon any lapse of restrictions relating to the Performance Share Units, the Trust shall issue to the Grantee or the Grantee’s personal representative a share certificate representing such Shares.

Appears in 3 contracts

Samples: Performance Share Unit (PennyMac Mortgage Investment Trust), Performance Share Unit (PennyMac Mortgage Investment Trust), Performance Share Unit (PennyMac Mortgage Investment Trust)

Issuance of Certificate. In the event that Shares are to be issued upon any lapse of restrictions relating to the Performance Restricted Share Units, the Trust shall issue to the Grantee [or the Grantee’s personal representative representative] a share certificate representing such Shares.

Appears in 1 contract

Samples: Restricted Share Unit Award Agreement (PennyMac Mortgage Investment Trust)

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Issuance of Certificate. In the event that Shares are to be issued upon Upon any lapse of restrictions relating to the Performance Restricted Share Units, the Trust shall issue to the Grantee or the Grantee’s personal representative a share certificate representing such Shares.

Appears in 1 contract

Samples: Restricted Share Unit (PennyMac Mortgage Investment Trust)

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