Common use of Issuance of New Certificate to Pledgee Clause in Contracts

Issuance of New Certificate to Pledgee. A pledgee of shares transferred as -------- -- --- ----------- -- ------- collateral security shall be entitled to a new certificate if the instrument of transfer substantially describes the debt or duty that is intended to be secured thereby. Such new certificate shall express on its face that it is held as collateral security, and the name of the pledgor shall be stated thereon, who alone shall be liable as a shareholder, and entitled to vote thereon.

Issuance of New Certificate to Pledgee. A pledgee of shares transferred as -------- -- --- ----------- -- ------- collateral security shall be entitled to a new certificate if the instrument of transfer substantially describes the debt or duty that is intended to be secured thereby. Such new certificate shall express on its face that it is held as collateral security, and the name of the pledgor shall be stated thereon, who alone shall be liable as a shareholder, Shareholder and entitled to vote thereon.

Issuance of New Certificate to Pledgee. A pledgee of shares transferred as -------- -- --- ----------- -- ------- collateral security shall be entitled to a new certificate if the instrument of transfer substantially describes the debt or duty that is intended to be secured thereby. Such new certificate shall express on its face that it is held as collateral security, and the name of the pledgor shall be stated thereon, . who alone shall be liable as a shareholderShareholder, and entitled to vote thereon.

Issuance of New Certificate to Pledgee. A pledgee of shares transferred as -------- -- --- ----------- -- ------- collateral security shall be entitled to a new certificate if the instrument of transfer substantially describes the debt or duty that is intended to be secured thereby. Such new certificate shall express on its face that it is held as collateral security, and the name of the pledgor shall be stated thereon, who alone shall be liable as considered a shareholdershareholder for all purposes, and entitled to vote thereon.

Issuance of New Certificate to Pledgee. A If the Trustees shall have authorized the issuance of certificates, a pledgee of shares Shares transferred as -------- -- --- ----------- -- ------- collateral security shall be entitled to a new certificate if the instrument of transfer substantially describes the debt or duty that is intended to be secured thereby. Such new certificate shall express on its face that it is held as collateral security, and the name of the pledgor shall be stated thereon, who alone shall be liable as a shareholderShareholder, and entitled to vote thereon.

Issuance of New Certificate to Pledgee. A pledgee If the Trustees shall have authorized the issuance of shares certificates, a pledge of Shares transferred as -------- -- --- ----------- -- ------- collateral security shall be entitled to a new certificate if the instrument of transfer substantially describes the debt or duty that is intended to be secured thereby. Such new certificate shall express on its face that it is held as collateral security, and the name of the pledgor shall be stated thereon, who alone shall be liable as a shareholderShareholder, and entitled to vote thereon.