Common use of Replacement of Lost, Destroyed or Wrongfully Taken Certificate Clause in Contracts

Replacement of Lost, Destroyed or Wrongfully Taken Certificate. If a person entitled to a share certificate claims that the share certificate has been lost, destroyed or wrongfully taken, the Company must issue a new share certificate, if that person: (1) so requests before the Company has notice that the share certificate has been acquired by a protected purchaser; (2) provides the Company with an indemnity bond sufficient in the Company’s judgement to protect the Company from any loss that the Company may suffer by issuing a new certificate; and (3) satisfies any other reasonable requirements imposed by the directors. A person entitled to a share certificate may not assert against the Company a claim for a new share certificate where a share certificate has been lost, apparently destroyed or wrongfully taken if that person fails to notify the Company of that fact within a reasonable time after that person has notice of it and the Company registers a transfer of the shares represented by the certificate before receiving a notice of the loss, apparent destruction or wrongful taking of the share certificate.

Appears in 4 contracts

Samples: Arrangement Agreement (Bausch Health Companies Inc.), Arrangement Agreement (Bausch & Lomb Corp), Transaction Agreement

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Replacement of Lost, Destroyed or Wrongfully Taken Certificate. If a person entitled to a share certificate claims that the share certificate has been lost, destroyed or wrongfully taken, the Company must issue a new share certificate, if that person: (1) so requests before the Company has notice that the share certificate has been acquired by a protected purchaser; (2) provides the Company with an indemnity bond sufficient in the Company’s judgement judgment to protect the Company from any loss that the Company may suffer by issuing a new certificate; and (3) satisfies any other reasonable requirements imposed by the directors. A person entitled to a share certificate may not assert against the Company a claim for a new share certificate where a share certificate has been lost, apparently destroyed or wrongfully taken if that person fails to notify the Company of that fact within a reasonable time after that person has notice of it and the Company registers a transfer of the shares represented by the certificate before receiving a notice of the loss, apparent destruction or wrongful taking of the share certificate.

Appears in 3 contracts

Samples: Business Combination Agreement, Business Combination Agreement (Pono Capital Three, Inc.), Amalgamation Agreement

Replacement of Lost, Destroyed or Wrongfully Taken Certificate. If a person entitled to a share certificate claims that the share certificate has been lost, destroyed or wrongfully taken, the Company must issue a new share certificate, if that person: (1a) so requests before the Company has notice that the share certificate has been acquired by a protected purchaser; (2b) provides the Company with an indemnity bond sufficient in the Company’s judgement judgment to protect the Company from any loss that the Company may suffer by issuing a new certificate; and (3c) satisfies any other reasonable requirements imposed by the directors. A person entitled to a share certificate may not assert against the Company a claim for a new share certificate where a share certificate has been lost, apparently destroyed or wrongfully taken if that person fails to notify the Company of that fact within a reasonable time after that person has notice of it and the Company registers a transfer of the shares represented by the certificate before receiving a notice of the loss, apparent destruction or wrongful taking of the share certificate.

Appears in 2 contracts

Samples: Share Purchase Agreement, Business Combination Agreement

Replacement of Lost, Destroyed or Wrongfully Taken Certificate. If a person entitled to a share certificate claims that the share certificate has been lost, destroyed or wrongfully taken, the Company must issue a new share certificate, if that person: (1a) so requests before the Company has notice that the share certificate has been acquired by a protected purchaser; (2b) provides the Company with an indemnity bond sufficient in the Company’s judgement 's judgment to protect the Company from any loss that the Company may suffer by issuing a new certificate; and (3c) satisfies any other reasonable requirements imposed by the directors. A person entitled to a share certificate may not assert against the Company a claim for a new share certificate where a share certificate has been lost, apparently destroyed or wrongfully taken if that person fails to notify the Company of that fact within a reasonable time after that person has notice of it and the Company registers a transfer of the shares represented by the certificate before receiving a notice of the loss, apparent destruction or wrongful taking of the share certificate.

Appears in 1 contract

Samples: Class a Preferred Share Purchase Agreement (Mechanical Technology Inc)

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Replacement of Lost, Destroyed or Wrongfully Taken Certificate. If a person entitled to a share certificate claims that the share certificate has been lost, destroyed or wrongfully taken, the Company must issue a new share certificate, if that person: (1a) so requests before the Company has notice that the share certificate has been acquired by a protected purchaser; (2b) provides the Company with an indemnity bond sufficient in the Company’s judgement judgment to protect the Company from any loss that the Company may suffer by issuing a new certificate; and (3c) satisfies any other reasonable requirements imposed by the directors. A person entitled to a share certificate may not assert against the Company a claim for a new share certificate where a share certificate has been lost, apparently destroyed or wrongfully taken if that person fails to notify the Company of that fact within a reasonable time after that person has notice of it and the CAN: 28357429.1 Company registers a transfer of the shares represented by the certificate before receiving a notice of the loss, apparent destruction or wrongful taking of the share certificate.

Appears in 1 contract

Samples: Business Combination Agreement (Acreage Holdings, Inc.)

Replacement of Lost, Destroyed or Wrongfully Taken Certificate. If a person entitled to a share certificate claims that the share certificate has been lost, destroyed destroyed, or wrongfully taken, the Company must issue a new share certificate, if that person: (1) so requests before the Company has notice that the share certificate has been acquired by a protected purchaser; (2) provides the Company with an indemnity bond sufficient in the Company’s judgement judgment to protect the Company from any loss that the Company may suffer by issuing a new certificate; and (3) satisfies any other reasonable requirements imposed by the directors. A person entitled to a share certificate may not assert against the Company a claim for a new share certificate where a share certificate has been lost, apparently destroyed destroyed, or wrongfully taken if that person fails to notify the Company of that fact within a reasonable time after that person has notice of it and the Company registers a transfer of the shares represented by the certificate before receiving a notice of the loss, apparent destruction destruction, or wrongful taking of the share certificate.

Appears in 1 contract

Samples: Incorporation Agreement

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