Common use of Record of Shares Clause in Contracts

Record of Shares. The Trustee shall maintain a record of all share certificates of the Company that are transferred to the Trustee, indicating the name in which the stock was held, the date of issuance of the stock, the class and series of the stock, the number of shares, and the number of the certificates representing those shares. The Trustee shall also maintain a record of the date on which he or she received any shares or share certificates and the date on which they were delivered to the Company for transfer to the Trustee, and shall obtain a receipt for any certificates so delivered. The Trustee shall receive and hold the new share certificates issued by the Company in the name of the Trustee and shall maintain a record indicating the date of issuance of the certificates, the date of receipt of the certificates, and the place in which the Trustee is holding the certificates.

Appears in 2 contracts

Samples: Voting Trust Agreement (Mead Robert E), Voting Trust Agreement (Silverleaf Resorts Inc)

AutoNDA by SimpleDocs

Record of Shares. The It shall be the duty of the Trustee shall to maintain a record of all share certificates of the Company that are transferred to the Trustee, indicating the name in which the stock was held, the date of issuance of the stock, the class and series of the stock, the number of sharesShares, and the number of the certificates representing those sharesShares. The Trustee shall also maintain a record of the date on which he or she received any shares or share certificates and the date on which they were delivered to the Company for transfer to the Trustee, and shall obtain a receipt for any certificates so delivered. The Trustee shall receive and hold the new share certificates issued by the Company in the name of the Trustee and shall maintain a record indicating the date of issuance of the certificates, the date of receipt of the certificates, and the place in which the Trustee he is holding the certificates.

Appears in 2 contracts

Samples: Voting Trust Agreement (Autocorp Equities Inc), Voting Trust Agreement (Autocorp Equities Inc)

Record of Shares. The Trustee It shall be the duty of the Trustees to maintain a record of all share certificates of the Company that Central which are transferred to the TrusteeTrustees, indicating the name in which the stock was held, the date of issuance of the stock, the class and series of the stock, the number of shares, and the number of the certificates representing those shares. The Trustee Trustees shall also maintain a record of the date on which he or she received any shares or share certificates and were received by them, the date on which they were delivered to the Company Central for transfer to the TrusteeTrustees, and shall obtain a receipt for any certificates certificate so delivered. The Trustee Trustees shall receive and hold the new share certificates issued by the Company Central in the name of the Trustee Trustees and shall maintain a record indicating the date of issuance of the certificates, the date of receipt of the certificates, and the place in which the Trustee is holding the certificatescertificates are held by him.

Appears in 1 contract

Samples: Shareholder Agreement (Compass Bancshares Inc)

AutoNDA by SimpleDocs

Record of Shares. The It shall be the duty of the Trustee shall to maintain a record of all AutoCorp share certificates of the Company that are transferred to the Trustee, indicating the name in which the stock was held, the date of issuance of the stock, the class and series of the stock, the number of shares, and the number of the certificates representing those shares. The Trustee shall also maintain a record of the date on which he or she received any shares or share certificates and the date on which they were delivered to the Company AutoCorp for transfer to the Trustee, and shall obtain a receipt for any certificates so delivered. The Trustee shall receive and hold the new share certificates issued by the Company AutoCorp in the name of the Trustee and shall maintain a record indicating the date of issuance of the certificates, the date of receipt of the certificates, and the place in which the Trustee he is holding the certificates.

Appears in 1 contract

Samples: Exchange Trust Agreement (Autocorp Equities Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!