Common use of Lost, Stolen or Destroyed Stock Certificates Clause in Contracts

Lost, Stolen or Destroyed Stock Certificates. In the event any Stock Certificate shall have been lost, stolen or destroyed, upon the making of an affidavit setting forth that fact by the Person claiming such lost, stolen or destroyed Stock Certificate(s) and granting adequate (in Acquiror’s reasonable judgment) indemnity against any claim that may be made against Acquiror or the Paying Agent with respect to such Stock Certificate(s), the Paying Agent shall pay, and the Acquiror shall direct the Paying Agent to pay to such Person the Common Share Price with respect to each share evidenced by such lost, stolen or destroyed Stock Certificate(s).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Language Line Costa Rica, LLC), Agreement and Plan of Merger (Language Line Holdings, Inc.)

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Lost, Stolen or Destroyed Stock Certificates. In the event any Stock Certificate shall have been lost, stolen or destroyed, upon the making of an affidavit setting forth that fact by the Person claiming such lost, stolen or destroyed Stock Certificate(s) and granting adequate (in Acquiror’s the Stockholder Representatives’ reasonable judgment) indemnity against any claim that may be made against Acquiror the Surviving Corporation, Parent or the Paying Agent Stockholder Representatives with respect to such Stock Certificate(s), the Paying Agent Company or the Stockholder Representatives, as the case may be, shall pay, and pay the Acquiror shall direct the Paying Agent applicable amount required to pay to such Person the Common Share Price be paid hereunder with respect to each share evidenced by such lost, stolen or destroyed Stock Certificate(s).

Appears in 1 contract

Samples: Agreement and Plan of Merger (S.D. Shepherd Systems, Inc.)

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Lost, Stolen or Destroyed Stock Certificates. In the event any Stock Certificate shall have been lost, stolen or destroyed, upon the making of an affidavit setting forth that fact by the Person claiming such lost, stolen or destroyed Stock Certificate(s) and granting adequate (in Acquiror’s the Stockholder Representative's and the Parent's reasonable judgment) indemnity against any claim that may be made against Acquiror the Surviving Corporation, Parent or the Paying Agent Stockholder Representative with respect to such Stock Certificate(s), the Paying Agent Stockholder Representative shall pay, and pay the Acquiror shall direct the Paying Agent applicable amount required to pay to such Person the Common Share Price be paid hereunder with respect to each share evidenced by such lost, stolen or destroyed Stock Certificate(s).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Network Communications, Inc.)

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