Common use of Replacement of Shares Clause in Contracts

Replacement of Shares. If any certificate or instrument evidencing any Issued Shares is mutilated, lost, stolen or destroyed, the Company shall issue or cause to be issued in exchange and substitution for and upon cancellation thereof (in the case of mutilation), or in lieu of and substitution therefor, a new certificate or instrument, but only upon receipt of evidence reasonably satisfactory to the Company of such loss, theft or destruction (including customary indemnity reasonably acceptable to the Company). The applicant for a new certificate or instrument under such circumstances shall also pay any reasonable third-party costs (including customary indemnity reasonably acceptable to the Company) associated with the issuance of such replacement Issued Shares.

Appears in 2 contracts

Samples: Share Purchase Agreement (SunEdison Semiconductor Pte. Ltd.), Share Purchase Agreement (SunEdison Semiconductor Pte. Ltd.)

AutoNDA by SimpleDocs

Replacement of Shares. If any certificate or instrument evidencing any Issued Shares Securities is mutilated, lost, stolen or destroyed, the Company shall issue or cause to be issued in exchange and substitution for and upon cancellation thereof (in the case of mutilation), or in lieu of and substitution therefor, a new certificate or instrument, but only upon receipt of evidence reasonably satisfactory to the Company of such loss, theft or destruction (including and customary and reasonable indemnity reasonably acceptable to the Company)or bond, if requested. The applicant for a new certificate or instrument under such circumstances shall also pay any reasonable third-party costs (including customary indemnity reasonably acceptable to the Companyindemnity) associated with the issuance of such replacement Issued SharesSecurities.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Orchard Therapeutics PLC), Securities Purchase Agreement (Orchard Therapeutics PLC)

Replacement of Shares. If If, subsequent to the date hereof, any certificate or instrument evidencing any Issued of the Preferred Shares or Common Shares is mutilated, lost, stolen or destroyed, the Company shall issue or cause to be issued in exchange and substitution for and upon cancellation thereof (in the case of mutilation), or in lieu of and substitution therefor, a new certificate or instrument, but only upon receipt of evidence reasonably satisfactory to the Company of such loss, theft or destruction (including customary indemnity reasonably acceptable to the Company)destruction. The applicant for a new certificate or instrument under such circumstances shall also pay any reasonable third-party costs (including customary indemnity reasonably acceptable to the Companyindemnity) associated with the issuance of such replacement Issued Sharescertificates.

Appears in 2 contracts

Samples: Securities Exchange Agreement (Meridian Waste Solutions, Inc.), Securities Exchange Agreement (Meridian Waste Solutions, Inc.)

Replacement of Shares. If any certificate or instrument evidencing any Issued Ordinary Shares is mutilated, lost, stolen or destroyed, the Company shall issue or cause to be issued in exchange and substitution for and upon cancellation thereof (in the case of mutilation), or in lieu of and substitution therefor, a new certificate or instrument, but only upon receipt of evidence reasonably satisfactory to the Company of such loss, theft or destruction (including and customary and reasonable indemnity reasonably acceptable to the Company)or bond, if requested. The applicant for a new certificate or instrument under such circumstances shall also pay any reasonable third-party costs (including customary indemnity reasonably acceptable to the Companyindemnity) associated with the issuance of such replacement Issued Ordinary Shares.

Appears in 1 contract

Samples: Securities Purchase Agreement (ASLAN Pharmaceuticals LTD)

Replacement of Shares. If any certificate or instrument evidencing any Issued Shares is mutilated, lost, stolen or destroyed, the Company shall issue or cause to be issued in exchange and substitution for and upon cancellation thereof (in the case of mutilation), or in lieu of and substitution therefor, a new certificate or instrument, but only upon receipt of evidence reasonably satisfactory to the Company of such loss, theft or destruction (including and receipt of a customary indemnity reasonably acceptable to the Company)document. The applicant for a new certificate or instrument under such circumstances shall also pay any reasonable third-party costs (including customary indemnity reasonably acceptable to the Companyindemnity) associated with the issuance of such replacement Issued Shares.

Appears in 1 contract

Samples: Securities Purchase Agreement (One Stop Systems, Inc.)

Replacement of Shares. If If, subsequent to the date hereof, any certificate or instrument evidencing any Issued of the Common Shares is mutilated, lost, stolen or destroyed, the Company shall issue or cause to be issued in exchange and substitution for and upon cancellation thereof (in the case of mutilation), or in lieu of and substitution therefor, a new certificate or instrument, but only upon receipt of evidence reasonably satisfactory to the Company of such loss, theft or destruction (including customary indemnity reasonably acceptable to the Company)destruction. The applicant for a new certificate or instrument under such circumstances shall also pay any reasonable third-party costs (including customary indemnity reasonably acceptable to the Companyindemnity) associated with the issuance of such replacement Issued Sharescertificates.

Appears in 1 contract

Samples: Securities Exchange Agreement (Meridian Waste Solutions, Inc.)

Replacement of Shares. If any certificate or instrument evidencing any Issued Shares is mutilated, lost, stolen or destroyed, the Company shall may, on such terms as to indemnity or otherwise as it may reasonably impose, issue or cause to be issued in exchange and substitution for and upon cancellation thereof (in the case of mutilation), or in lieu of and substitution therefor, a new certificate or instrument, but only upon receipt of evidence reasonably satisfactory to the Company of such loss, theft or destruction (including customary indemnity reasonably acceptable to the Company)destruction. The applicant for a new certificate or instrument under such circumstances shall also pay any reasonable third-party costs (including customary indemnity reasonably acceptable to the Companyindemnity) associated with the issuance of such replacement Issued Shares.

Appears in 1 contract

Samples: Stock Purchase Agreement (Cerulean Pharma Inc.)

AutoNDA by SimpleDocs

Replacement of Shares. If any certificate or instrument evidencing any Issued Shares is mutilated, lost, stolen or destroyed, the Company shall issue or cause to be issued in exchange and substitution for and upon cancellation thereof (in the case of mutilation), or in lieu of and substitution therefor, a new certificate or instrument, but only upon receipt of evidence reasonably satisfactory to the Company of such loss, theft or destruction (including customary indemnity reasonably acceptable to and, if requested by the Company), customary and reasonable indemnity or security. The applicant for a new certificate or instrument under such circumstances shall also pay any reasonable third-party costs (including customary indemnity reasonably acceptable to the Companyindemnity) associated with the issuance of such replacement Issued Shares.

Appears in 1 contract

Samples: Stock Purchase Agreement (Harbor BioSciences, Inc.)

Replacement of Shares. If any certificate or instrument evidencing any Issued Shares is are mutilated, lost, stolen or destroyed, the Company shall issue or cause to be issued in exchange and substitution for and upon cancellation thereof (in the case of mutilation), or in lieu of and substitution therefor, a new certificate or instrument, but only upon receipt of evidence reasonably satisfactory to the Company of such loss, theft or destruction (including customary indemnity reasonably acceptable to and execution of the Company)’s usual form of lost share affidavit. The applicant for a new certificate or instrument under such circumstances shall also pay any reasonable third-party costs (including customary indemnity reasonably acceptable to the Companyindemnity) associated with the issuance of such replacement Issued Shares.

Appears in 1 contract

Samples: Placement Agency Agreement (Virios Therapeutics, Inc.)

Replacement of Shares. If any certificate or instrument evidencing any Issued Shares or Subsequent Closing Shares is mutilated, lost, stolen or destroyed, the Company shall issue or cause to be issued in exchange and substitution for and upon cancellation thereof (in the case of mutilation), or in lieu of and substitution therefor, a new certificate or instrument, but only upon receipt of evidence reasonably satisfactory to the Company of such loss, theft or destruction (including customary indemnity reasonably acceptable to the Company)destruction. The applicant for a new certificate or instrument under such circumstances shall also pay any reasonable third-party costs (including customary indemnity reasonably acceptable to the Companyindemnity) associated with the issuance of such replacement Issued Shares or Subsequent Closing Shares, as applicable.

Appears in 1 contract

Samples: Securities Purchase Agreement (Addentax Group Corp.)

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