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

Lost, Destroyed and Mutilated Certificates. The holder of any Corporation shares or other securities shall immediately notify the Corporation of any loss, destruction or mutilation of the certificate(s) therefor, and the Board may, in its discretion, and after the expiration of such period of time as it may determine to be advisable, cause to be issued to him a new certificate or certificates for shares, upon the surrender of the mutilated certificate, or in case of loss or destruction of the certificate, upon proof satisfactory to the Board of such loss or destruction, and the Board or its delegee may, in its discretion, require the owner of the lost, destroyed or mutilated certificate, or his legal representatives, to give the Corporation a bond, in such sum and with such surety or sureties as it may direct, or to indemnify the Corporation against any claim that may be made against it on account of the alleged loss, destruction or mutilation of any such certificate or the issuance of such new certificate.

Appears in 3 contracts

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

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

Lost, Destroyed and Mutilated Certificates. The holder Each recordholder of any Corporation shares or other securities shall immediately promptly notify the Corporation of any loss, destruction or mutilation of any certificate or certificates evidencing any share or shares of which he is the certificate(s) thereforrecordholder. The Board may, in its discretion, cause the Corporation to issue a new certificate in place of any certificate theretofore issued by it and alleged to have been mutilated, lost, stolen or destroyed, upon the 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 the Board may, in its discretion, and after require the expiration of such period of time as it may determine to be advisable, cause to be issued to him a new certificate or certificates for shares, upon the surrender recordholder of the mutilated certificate, or in case of loss or destruction of the certificate, upon proof satisfactory to the Board of such loss or destruction, and the Board or its delegee may, in its discretion, require the owner of shares evidenced by the lost, stolen or destroyed or mutilated certificate, certificate or his legal representatives, representative to give the Corporation a bond, in such sum and with such surety or sureties as it may direct, or bond sufficient to indemnify the Corporation against any claim that may be made against it on account of the alleged loss, theft or destruction or mutilation of any such certificate or the issuance of such new certificate.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (PeopleSupport, Inc.), Agreement and Plan of Merger (Ispat International Nv), Execution Copy (Mittal Steel USA ISG Inc)

Lost, Destroyed and Mutilated Certificates. The holder Each recordholder of any Corporation shares or other securities Shares shall immediately promptly notify the Corporation of any loss, destruction or mutilation of any certificate or certificates evidencing any Share or Shares of which he is the certificate(s) thereforrecordholder. The Board, in its discretion, or any transfer agent thereunto duly authorized by the Board, may authorize the issue of a new certificate in place of any certificate theretofore issued and alleged to have been mutilated, lost, stolen or destroyed, upon the 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 the Board may, in its discretion, require, and after its transfer agents and registrars may so require, the expiration of such period of time as it may determine to be advisable, cause to be issued to him a new certificate or certificates for shares, upon the surrender recordholder of the mutilated certificate, or in case of loss or destruction of the certificate, upon proof satisfactory to the Board of such loss or destruction, and the Board or its delegee may, in its discretion, require the owner of Shares evidenced by the lost, stolen or destroyed or mutilated certificate, certificate or his legal representatives, representative to give the Corporation a bond, in such sum and with such surety or sureties as it may direct, or bond sufficient to indemnify the Corporation against any claim that may be made against it on account of the alleged loss, theft or destruction or mutilation of any such certificate or the issuance of such new certificate.

Appears in 1 contract

Samples: Cooperation Agreement

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Lost, Destroyed and Mutilated Certificates. The holder of any shares of stock of the Corporation shares or other securities shall immediately notify the Corporation of any loss, theft, destruction or mutilation of the certificate(s) certificates therefor. The Corporation may issue, and the Board may, in its discretion, and after the expiration of such period of time as it may determine to be advisable, or cause to be issued to him issued, a new certifi cate of stock in the place of any certificate theretofore issued by it alleged to have been lost, stolen or certificates for sharesdestroyed upon evidence satisfactory to the Corporation of the loss, upon theft or destruction of the certificate and, in the case of mutilation, the surrender of the mutilated certificate, or in case of loss or destruction of the certificate, upon proof satisfactory to the Board of such loss or destruction, and the Board or its delegee . The Corporation may, in its discretion, require the owner of the lost, stolen or destroyed or mutilated certificate, or his or her legal representativesrepre sentatives, to give the Corporation a bond, in such sum and with such surety or sureties as it may direct, or bond sufficient to indemnify the Corporation it against any claim that may be made against it on account of the alleged loss, theft, destruction or mutilation of any such certificate or 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 1 contract

Samples: Warwick Community Bancorp Inc

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