Common use of Lost or Destroyed Certificates Clause in Contracts

Lost or Destroyed Certificates. A new certificate may be issued to replace a lost or destroyed certificate. Unless waived by the Managers, the Member in whose name the certificate was issued shall make an affidavit or affirmation of the fact that his or its certificate is lost or destroyed, shall advertise the loss or destruction in such manner as the Managers may require, and shall give the Company a bond of indemnity in the amount and form which the Managers may prescribe.”

Appears in 28 contracts

Samples: Operating Agreement (Adesa California, LLC), Operating Agreement (Adesa California, LLC), Operating Agreement (Adesa California, LLC)

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Lost or Destroyed Certificates. A new certificate may be issued to replace a lost or destroyed certificate. Unless waived by the Managers, the Member in whose name the certificate was issued shall make an affidavit or affirmation of the fact that his or its certificate is lost or destroyed, shall advertise the loss or destruction in such manner as the Managers may require, and shall give the Company a bond of indemnity in the amount and form which the Managers may prescribe.

Appears in 7 contracts

Samples: Operating Agreement (Insurance Auto Auctions Tennessee LLC), Operating Agreement (Insurance Auto Auctions Tennessee LLC), Operating Agreement (Carbuyco, LLC)

Lost or Destroyed Certificates. A new certificate may be issued to replace a lost or destroyed certificate. Unless waived by the ManagersMember, the Member in whose name the certificate was issued shall make an affidavit or affirmation of the fact that his or its certificate is lost or destroyed, shall advertise the loss or destruction in such manner as the Managers Member may require, and shall give the Company a bond of indemnity in the amount and form which the Managers Member may prescribe.

Appears in 3 contracts

Samples: Operating Agreement (Auto Portfolio Services, LLC), Operating Agreement (Adesa California, LLC), Operating Agreement (Adesa California, LLC)

Lost or Destroyed Certificates. A new certificate may be issued to replace a lost or destroyed certificate. Unless waived by the ManagersPartners, the Member Partner in whose name the certificate was issued shall make an affidavit or affirmation of the fact that his or its certificate is lost or destroyed, shall advertise the loss or destruction in such manner as the Managers Partners may require, and shall give the Company a bond of indemnity in the amount and form which the Managers Partners may prescribe.”

Appears in 1 contract

Samples: Agreement of Limited Partnership (Adesa California, LLC)

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Lost or Destroyed Certificates. A new certificate may be issued to replace a lost or destroyed certificate. Unless waived by the ManagersBoard of Governors, the Member in whose name the certificate was issued shall make an affidavit or affirmation of the fact that his or its certificate is lost or destroyed, shall advertise the loss or destruction in such manner as the Managers Board of Governors may require, and shall give the Company a bond of indemnity in the amount and form which the Managers Board of Governors may prescribe.

Appears in 1 contract

Samples: Operating Agreement (Adesa Corporation, LLC)

Lost or Destroyed Certificates. A new certificate may be issued to replace a lost or destroyed certificate. Unless waived by the ManagersMember, the Member in whose name the certificate was issued shall make an affidavit or affirmation of the fact that his or its certificate is lost or destroyed, shall advertise the loss or destruction in such manner as the Managers Member may require, and shall give the Company a bond of indemnity in the amount and form which the Managers Member may prescribe.”

Appears in 1 contract

Samples: Operating Agreement (Adesa California, LLC)

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