Common use of Loss of Certificates Clause in Contracts

Loss of Certificates. In the event any certificate which immediately prior to the Effective Time represented any outstanding Company Shares that were acquired by the Purchaser pursuant to Section 3.1 has been lost, stolen or destroyed, upon the making of an affidavit of that fact by the former holder of such Company Shares, the Depositary will, in exchange for such lost, stolen or destroyed certificate, deliver to such former holder of Company Shares, or make available for pick up at its offices, the Purchaser Subordinate Voting Shares such former holder is entitled to receive in respect of such Company Shares pursuant to Section 3.1 together with any distributions or dividends which such holder is entitled to receive pursuant to Section 5.2 and less, in each case, any amounts withheld pursuant to Section 5.8. When authorizing such delivery in relation to any lost, stolen or destroyed certificate, the former holder of such Company Shares shall, as a condition precedent to the delivery of Purchaser Subordinate Voting Shares, give a bond satisfactory to the Purchaser and the Depositary (acting reasonably) in such sum as the Purchaser may direct, or otherwise indemnify the Company, the Purchaser and the Depositary against any claim that may be made against any of them with respect to the certificate alleged to have been lost, stolen or destroyed.

Appears in 3 contracts

Samples: Arrangement Agreement (Trulieve Cannabis Corp.), Arrangement Agreement (Harvest Health & Recreation Inc.), Arrangement Agreement

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Loss of Certificates. In the event any certificate which immediately prior to the Effective Time represented any outstanding Company Exeter Shares that were acquired by the Purchaser or the Company pursuant to Section 3.1 has been lost, stolen or destroyed, upon the making of an affidavit of that fact by the former holder of such Company Exeter Shares, the Depositary will, will deliver to such person or make available for pick up at its offices in exchange for such lost, stolen or destroyed certificate, deliver a certificate representing the Purchaser Shares to such which the former holder of Company Shares, or make available for pick up at its offices, the Purchaser Subordinate Voting such Exeter Shares such former holder is entitled to receive in respect of such Company Shares pursuant to Section 3.1 together with any distributions or dividends which such holder is entitled to receive pursuant to Section 5.2 and less, 3.1 hereof in each case, any amounts withheld pursuant to Section 5.8accordance with such holder’s Exeter Share Letter of Transmittal. When authorizing such delivery payment in relation to any lost, stolen or destroyed certificate, the former holder of such Company Exeter Shares shallwill, as a condition precedent to the delivery of Purchaser Subordinate Voting Sharessuch Share Consideration, give a bond satisfactory to the Purchaser and the Depositary (acting reasonably) in such sum as the Purchaser may direct, or otherwise indemnify the Company, the Purchaser and the Depositary in such sum as the Purchaser may direct or otherwise indemnify the Company and the Purchaser in a manner satisfactory to the Company and the Purchaser against any claim that may be made against any of them the Company or the Purchaser with respect to the certificate alleged to have been lost, stolen or destroyed.

Appears in 1 contract

Samples: Arrangement Agreement (Exeter Resource Corp)

Loss of Certificates. In the event any certificate which immediately prior to the Effective Time represented any outstanding Company Shares that were acquired by the Purchaser pursuant to Section 3.1 3.1(c) has been lost, stolen or destroyed, upon the making of an affidavit of that fact by the former holder of such Company Shares, the Depositary will, in exchange for such lost, stolen or destroyed certificate, deliver to such former holder of Company Shares, or make available for pick up at its offices, the Purchaser Subordinate Voting Shares such former holder is entitled to receive in respect of such Company Shares pursuant to Section 3.1 3.1(c) together with any distributions or dividends which such holder is entitled to receive pursuant to Section 5.2 6.2 and less, in each case, any amounts withheld pursuant to Section 5.86.7. When authorizing such delivery in relation to any lost, stolen or destroyed certificate, the former holder of such Company Shares shallwill, as a condition precedent to the delivery of Purchaser Subordinate Voting Shares, give a bond satisfactory to the Purchaser and the Depositary (acting reasonably) in such sum as the Purchaser may direct, direct or otherwise indemnify the Company, the Purchaser and the Depositary against any claim that may be made against any of them with respect to the certificate alleged to have been lost, stolen or destroyed.

Appears in 1 contract

Samples: Arrangement Agreement (HEXO Corp.)

Loss of Certificates. In the event any certificate which immediately prior to the Effective Time represented any one or more outstanding Company Common Shares that were acquired by the Purchaser pursuant to Section 3.1 3.1(c)(i) has been lost, stolen or destroyed, upon the making of an affidavit of that fact by the former holder of such Company Common Shares, the Depositary will, in exchange for such lost, stolen or destroyed certificate, deliver to such former holder of Company Shares, or make available for pick up at its offices, Common Shares the Purchaser Subordinate Voting Shares Cash Consideration and/or Share Consideration such former holder is entitled to receive in respect of such Company Common Shares pursuant to Section 3.1 3.1(c)(i) together with any distributions or dividends which such holder is entitled to receive pursuant to Section 5.2 and less, in each case, any amounts withheld pursuant to Section 5.85.6. When authorizing such delivery payment in relation to any lost, stolen or destroyed certificate, the former holder of such Company Common Shares shallwill, as a condition precedent to the delivery of Purchaser Subordinate Voting Sharesthereof, give a bond satisfactory to the Purchaser and the Depositary (acting reasonably) in such sum as the Purchaser may direct, or otherwise indemnify the Company, the Purchaser Purchaser, the Parent and the Depositary against any claim that may be made against any of them with respect to the certificate alleged to have been lost, stolen or destroyed.

Appears in 1 contract

Samples: Arrangement Agreement (Radiant Logistics, Inc)

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Loss of Certificates. In the event any certificate which immediately prior to the Effective Time represented any outstanding Company Shares that were acquired by the Purchaser pursuant to Section 3.1 has been lost, stolen or destroyed, upon the making of an affidavit of that fact by the former holder of such Company Shares, the Depositary will, in exchange for such lost, stolen or destroyed certificate, deliver to such former holder of Company Shares, or make available for pick up at its offices, the Purchaser Subordinate Voting Shares such former holder is entitled to receive in respect of such Company Shares pursuant to Section 3.1 together with any distributions or dividends which such holder is entitled to receive pursuant to Section 5.2 and less, in each case, any amounts withheld pursuant to Section 5.8. When authorizing such delivery in relation to any lost, stolen or destroyed certificate, the former holder of such Company Shares shall, as a condition precedent to the delivery of Purchaser Subordinate Voting Shares, give a bond satisfactory to the Purchaser and the Depositary (acting reasonably) in such sum as the Purchaser may direct, or otherwise indemnify the Company, the Purchaser and the Depositary against any claim that may be made against any of them with respect to the certificate alleged to have been lost, stolen or destroyed.

Appears in 1 contract

Samples: Arrangement Agreement (Verano Holdings Corp.)

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