Lost Unit Certificates. If a Partner claims that a Certificate representing one or more Units recorded in its name has been defaced, lost, destroyed or stolen, the General Partner shall cause a new Unit Certificate to be issued in substitution for such Unit Certificate if the Partner: (a) delivers to the General Partner the defaced Unit Certificate; or (b) delivers to the General Partner (i) a statutory declaration verifying such loss, destruction or theft and the entitlement of the Partner; and (ii) an indemnity satisfactory to the General Partner indemnifying and holding harmless each of the General Partner and the Partnership from any cost, damage, liability, loss or expense which may arise or be suffered or incurred as a result of or arising out of the issue of the new Unit Certificate; and (c) satisfies such other requirements as are reasonably imposed by the General Partner.
Appears in 5 contracts
Samples: Limited Partnership Agreement, Limited Partnership Agreement (Coal Valley Resources Inc.), Limited Partnership Agreement (Dollarama Group Holdings CORP)
