Common use of Lost, Destroyed and Mutilated Certificates Clause in Contracts

Lost, Destroyed and Mutilated Certificates. The holder of any shares of stock of the Corporation shall immediately notify the Corporation of any loss, theft, destruction or mutilation of the certificates therefor. The Corporation may issue, or cause to be issued, a new certificate of stock in the place of any certificate theretofore issued by it alleged to have been lost, stolen or destroyed upon evidence satisfactory to the Corporation of the loss, theft or destruction of the certificate, and in the case of mutilation, the surrender of the mutilated certificate. The Corporation may, in its discretion, require the owner of the lost, stolen or destroyed certificate, or his or her legal representatives, to give the Corporation a bond sufficient to indemnify it against any claim that may be made against it on account of the alleged loss, theft, destruction or mutilation of any such certificate and the issuance of such new certificate, or may refer such owner to such remedy or remedies as he or she may have under the laws of the State of Delaware.

Appears in 3 contracts

Samples: Bylaws (Dime Community Bancorp Inc), Bylaws (Dime Community Bancshares Inc), Bylaws (Dime Community Bancorp Inc)

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Lost, Destroyed and Mutilated Certificates. The holder of any Corporation shares of stock of the Corporation or other securities shall immediately notify the Corporation of any loss, theft, destruction or mutilation of the certificates certificate(s) therefor. The Corporation , and the Board may, in its discretion, and after the expiration of such period of time as it may issuedetermine to be advisable, or cause to be issued, issued to him a new certificate of stock in or certificates for shares, upon the place of any certificate theretofore issued by it alleged to have been lost, stolen or destroyed upon evidence satisfactory to the Corporation surrender of the lossmutilated certificate, theft or in case of loss or destruction of the certificate, upon proof satisfactory to the Board of such loss or destruction, and in the case of mutilation, the surrender of the mutilated certificate. The Corporation Board or its delegee may, in its discretion, require the owner of the lost, stolen destroyed or destroyed mutilated certificate, or his or her legal representatives, to give the Corporation a bond sufficient bond, in such sum and with such surety or sureties as it may direct, or to indemnify it the Corporation against any claim that may be made against it on account of the alleged loss, theft, destruction or mutilation of any such certificate and or the issuance of such new certificate, or may refer such owner to such remedy or remedies as he or she may have under the laws of the State of Delaware.

Appears in 3 contracts

Samples: Receivables Sale Agreement (Printpack Inc), Bylaws (Diagnostic Pathology Management Services Inc), Bylaws (Diagnostic Pathology Management Services Inc)

Lost, Destroyed and Mutilated Certificates. The holder Each recordholder of any shares of stock of the Corporation shall immediately promptly notify the Corporation of any loss, theft, destruction or mutilation of any certificate or certificates evidencing any share or shares of which he is the certificates thereforrecordholder. The Board may, in its discretion, cause the Corporation may issue, or cause to be issued, issue a new certificate of stock in the place of any certificate theretofore issued by it and alleged to have been mutilated, lost, stolen or destroyed destroyed, upon evidence satisfactory to the Corporation surrender of the mutilated certificate or, in the case of loss, theft or destruction of the certificate, upon satisfactory proof of such loss, theft or destruction, and in the case of mutilation, the surrender of the mutilated certificate. The Corporation Board may, in its discretion, require the owner recordholder of the shares evidenced by the lost, stolen or destroyed certificate, certificate or his or her legal representatives, representative to give the Corporation a bond sufficient to indemnify it the Corporation against any claim that may be made against it on account of the alleged loss, theft, theft or destruction or mutilation of any such certificate and or the issuance of such new certificate, or may refer such owner to such remedy or remedies as he or she may have under the laws of the State of Delaware.

Appears in 3 contracts

Samples: Merger Agreement (PeopleSupport, Inc.), Merger Agreement (Ispat International Nv), Merger Agreement (Mittal Steel USA ISG Inc)

Lost, Destroyed and Mutilated Certificates. The holder Each recordholder of any shares of stock of the Corporation Shares shall immediately promptly notify the Corporation of any loss, theft, destruction or mutilation of any certificate or certificates evidencing any Share or Shares of which he is the certificates thereforrecordholder. The Board may, in its discretion, cause the Corporation may issue, or cause to be issued, issue a new certificate of stock in the place of any certificate theretofore issued by it and alleged to have been mutilated, lost, stolen or destroyed destroyed, upon evidence satisfactory to the Corporation surrender of the mutilated certificate or, in the case of loss, theft or destruction of the certificate, upon satisfactory proof of such loss, theft or destruction, and in the case of mutilation, the surrender of the mutilated certificate. The Corporation Board may, in its discretion, require the owner recordholder of the Shares evidenced by the lost, stolen or destroyed certificate, certificate or his or her legal representatives, representative to give the Corporation a bond sufficient to indemnify it the Corporation against any claim that may be made against it on account of the alleged loss, theft, theft or destruction or mutilation of any such certificate and or the issuance of such new certificate, or may refer such owner to such remedy or remedies as he or she may have under the laws of the State of Delaware.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Seagram Co LTD), By Laws (Imax Corp)

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Lost, Destroyed and Mutilated Certificates. The holder Each recordholder of any shares of stock of the Corporation Shares shall immediately promptly notify the Corporation of any loss, theft, destruction or mutilation of any certificate or certificates evidencing any Share or Shares of which he is the certificates thereforrecordholder. The Corporation may issueBoard, in its discretion, or cause to be issuedany transfer agent thereunto duly authorized by the Board, may authorize the issue of a new certificate of stock in the place of any certificate theretofore issued by it and alleged to have been mutilated, lost, stolen or destroyed destroyed, upon evidence satisfactory to the Corporation surrender of the mutilated certificate or, in the case of loss, theft or destruction of the certificate, upon satisfactory proof of such loss, theft or destruction, and in the case of mutilation, the surrender of the mutilated certificate. The Corporation Board may, in its discretion, require require, and its transfer agents and registrars may so require, the owner recordholder of the Shares evidenced by the lost, stolen or destroyed certificate, certificate or his or her legal representatives, representative to give the Corporation a bond sufficient to indemnify it the Corporation against any claim that may be made against it on account of the alleged loss, theft, theft or destruction or mutilation of any such certificate and or the issuance of such new certificate, or may refer such owner to such remedy or remedies as he or she may have under the laws of the State of Delaware.

Appears in 1 contract

Samples: Cooperation Agreement

Lost, Destroyed and Mutilated Certificates. The holder Each recordholder of any shares of stock of the Corporation shall immediately promptly notify the Corporation of any loss, theft, destruction or mutilation of any certificate or certificates evidencing any share or shares of which such recordholder is the certificates thereforrecordholder. The Board may, in its discretion, cause the Corporation may issue, or cause to be issued, issue a new certificate of stock in the place of any certificate theretofore issued by it and alleged to have been mutilated, lost, stolen or destroyed destroyed, upon evidence satisfactory to the Corporation surrender of the mutilated certificate or, in the case of loss, theft or destruction of the certificate, upon satisfactory proof of such loss, theft or destruction, and in the case of mutilation, the surrender of the mutilated certificate. The Corporation Board may, in its discretion, require the owner recordholder of the shares evidenced by the lost, stolen or destroyed certificate, certificate or his or her such recordholder’s legal representatives, representative to give the Corporation a bond sufficient to indemnify it the Corporation against any claim that may be made against it on account of the alleged loss, theft, theft or destruction or mutilation of any such certificate and or the issuance of such new certificate, or may refer such owner to such remedy or remedies as he or she may have under the laws of the State of Delaware.

Appears in 1 contract

Samples: Business Combination Agreement (ExcelFin Acquisition Corp.)

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