Common use of Replacement of Certificates of Percentage Interests Clause in Contracts

Replacement of Certificates of Percentage Interests. In case of the alleged loss, destruction, or mutilation of a Certificate of Percentage Interests, a duplicate Certificate of Percentage Interests may be issued in place of the lost, destroyed, or mutilated Certificate of Percentage Interest, upon such terms as the Directors may prescribe, including the presentation of reasonable evidence of such loss, destruction, or mutilation and the giving of such indemnity as the Directors may require for the protection of the Cooperative or any transfer agent or registrar.

Appears in 5 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

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