No Share Certificates Sample Clauses
The "no-share-certificates" clause establishes that the company will not issue physical or paper share certificates to its shareholders. Instead, ownership of shares is recorded and evidenced solely through entries in the company's share register or electronic records. This approach streamlines share management, reduces administrative costs, and minimizes the risk of lost or stolen certificates. Ultimately, the clause ensures clarity and efficiency in tracking share ownership while eliminating the need for physical documentation.
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No Share Certificates. Notwithstanding anything to the contrary contained in this Certificate of Amendment, no shares of Non-Voting Preferred Stock shall be issued in physical, certificated form. All shares of Non-Voting Preferred Stock shall be evidenced by book-entry on the record books maintained by the Corporation or its transfer agent.
No Share Certificates. The Company had not delivered, and no holder of issued and outstanding Company Shares has received, a share certificate representing such shares.
No Share Certificates. The Shares will be issued in uncertificated form.
No Share Certificates. The Company has not issued any share certificates representing the Shares. The Shareholders hereby waive their right pursuant to the Finnish Companies Act to require the Board of Directors to issue share certificates, interim certificates, option certificate or similar securities.
No Share Certificates. Notwithstanding anything to the contrary contained herein, no shares of Series A Preferred shall be issued in physical, certificated form. All shares of Series A Preferred shall be evidenced by book-entry on the record books maintained by the Corporation or the Transfer Agent as further described in Section 8(c)(iii).
No Share Certificates. The parties acknowledge and agree that the Funds shall not issue certificates representing Shares. Rather ownership of Shares shall be evidenced by book entry on the records of the Funds’ Transfer Agent.
No Share Certificates. Unless otherwise agreed by the Company and the Purchaser, the Shares shall be issued in direct registration on the books and records of the Transfer Agent, and no certificates representing the Shares shall be issued.