Incomplete Certificate Sample Clauses
The Incomplete Certificate clause defines the procedures and consequences when a required certificate, such as a certificate of completion or compliance, is not fully or properly issued. In practice, this clause may specify the steps a party must take to remedy the deficiency, such as providing missing information or correcting errors, and may outline the rights of the other party to withhold payment or delay further obligations until a complete certificate is provided. Its core function is to ensure that all necessary documentation is properly completed and delivered, thereby protecting parties from proceeding without essential assurances or approvals.
Incomplete Certificate. If, with respect to any Rights Certificate surrendered to the Rights Agent for exercise or transfer, the certificate contained in the form of assignment or the form of election to purchase set forth on the reverse thereof, as the case may be, has not been completed to certify the holder is not an Acquiring Person (or an Affiliate or Associate thereof), the Rights Agent shall not take any further action with respect to such requested exercise or transfer without first consulting with the Company.
Incomplete Certificate. If, with respect to any Right Certificate surrendered to the Rights Agent for exercise or transfer, the certificate contained in the form of assignment or the form of election to purchase set forth on the reverse thereof, as the case may be, has not been properly completed to certify the holder is not an Acquiring Person (or a Related Person of an Acquiring Person), or any other actual or suspected irregularity exists, the Rights Agent shall not take any further action with respect to such requested exercise or transfer without first consulting with the Company; provided, however that Rights Agent shall not be liable for any delays arising from the duties under this Section 20.11.
Incomplete Certificate. If, with respect to any Rights ---------------------- Certificate surrendered to the Rights Agent for exercise or transfer, the certificate contained in the form of assignment or the form of election to purchase set forth on the reverse thereof, as the case may be, has not been properly completed to certify the holder is not an Acquiring Person (or an Affiliate or Associate thereof), the Rights Agent shall not take any further action with respect to such requested exercise or transfer without first consulting with the Company, provided however, that the Rights Agent shall be protected and shall incur no liability for, or in respect of any action taken, suffered or omitted in connection with any such Rights Certificate surrendered to the Rights Agent for exercise or transfer. The Company agrees to give the Rights Agent prompt written notice of any event or ownership that comes to the Company's attention that would prohibit the exercise or transfer of the Rights Certificates.
Incomplete Certificate. If, with respect to any Right Certificate surrendered to the Rights Agent for exercise or transfer, either (i) the certificate contained in the form of assignment or the form of election to purchase set forth on the reverse thereof, as the case may be, has not been properly completed (including without limitation to certify the holder is not an Acquiring Person (or a Related Person of an Acquiring Person)) or indicates an affirmative response to any item therein, or (ii) any other actual or suspected irregularity exists, the Rights Agent shall not take any further action with respect to such requested exercise or transfer without first consulting with the Company.
Incomplete Certificate. If, with respect to any Right Certificate surrendered to the Rights Agent for exercise or transfer, the certificate contained in the form of assignment or the form of election to purchase set forth on the reverse thereof, as the case may be, has either not been properly completed to certify the holder is not an Acquiring Person or a transferee thereof, or is not signed or indicates an affirmative response to clause 1 and/or 2 thereof, the Rights Agent shall not take any further action with respect to such requested exercise or transfer without first consulting with the Company; provided, however, that the Rights Agent shall not be liable for any delays arising from the duties under this Section 20.11.
