Certificates and Transfers Sample Clauses
The "Certificates and Transfers" clause governs the issuance, handling, and transferability of ownership certificates, such as stock or membership certificates, within an organization. It typically outlines the procedures for issuing new certificates, replacing lost or damaged ones, and the requirements for transferring ownership, which may include endorsements, approval by the company, or compliance with legal restrictions. This clause ensures that ownership records are accurately maintained and that transfers are conducted in an orderly and legally compliant manner, thereby reducing the risk of disputes and unauthorized transfers.
Certificates and Transfers. It is the intention of the Holders and the Company that the waivers set forth in Section 1 above shall be binding on the Holders and on any transferees of any shares of Series G Preferred. Therefore, the Holders agree to surrender all certificates representing shares of Series G Preferred to the Company for addition of a legend noting the waiver of redemption rights pursuant to this Agreement. Additionally, the Holders agree that the shares of Series G Preferred that they hold may not be transferred, including by operation of law, unless the transferee agrees in writing to be bound by the terms of this Agreement. Any purported transfer of shares of Series G Preferred in contravention of the foregoing sentence shall be null and void.
Certificates and Transfers. It is the intention of the Holders and the Company that the waivers set forth in Section 1 above shall be binding on the Holders and on any transferees of any shares of Series D Preferred or Series G Preferred. Therefore, the Holders agree to surrender all certificates representing shares of Series D Preferred and Series G Preferred to the Company for addition of a legend noting the waiver of dividend rights pursuant to this Agreement. Additionally, the Holders agree that the shares of Series D Preferred Stock and Series G Preferred Stock that they hold may not be transferred, including by operation of law, unless the transferee agrees in writing to be bound by the terms of this Agreement. Any purported transfer of shares of Series D Preferred Stock or Series G Preferred Stock in contravention of the foregoing sentence shall be null and void.
Certificates and Transfers. The interest of each stockholder of the Corporation shall be evidenced by certificates for shares of stock in such form as the appropriate officers of the Corporation may from time to time prescribe. The shares of the stock of the Corporation shall be transferred on the books of the Corporation by the holder thereof in person or by his attorney, upon surrender for cancellation of certificates for at least the same number of shares, with an assignment and power of transfer endorsed thereon or attached thereto, duly executed, and with such proof of the authenticity of the signature as the Corporation or its agents may reasonably require.
Certificates and Transfers