Replacement of Shares. If any certificate or instrument evidencing any of the 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, 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 and customary and reasonable indemnity, if requested, but not the posting of any surety or similar bond. The applicants for a new certificate or instrument under such circumstances shall also pay any reasonable third-party costs associated with the issuance of such replacement certificate.
Appears in 2 contracts
Samples: Securities Purchase Agreement (NewLake Capital Partners, Inc.), Securities Purchase Agreement (NewLake Capital Partners, Inc.)
Replacement of Shares. If any certificate or instrument evidencing any of the Shares is mutilated, lost, stolen or destroyed, the Company shall issue or cause to be issued issued, in exchange and substitution for and upon cancellation thereof, 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 and customary and reasonable indemnity, if requested, but not and upon satisfaction by the posting Purchaser of any surety or similar bondrequirements of the Company’s transfer agent. The applicants for a new certificate or instrument under such circumstances shall also pay any reasonable third-party costs associated with the issuance of such replacement certificateShares.
Appears in 2 contracts
Samples: Share Purchase Agreement (Penwest Pharmaceuticals Co), Share Purchase Agreement (TRM Corp)
Replacement of Shares. If any certificate or instrument evidencing any of the Shares is mutilated, lost, stolen or destroyed, the Company shall issue or cause to be issued in exchange and substitution for and upon cancellation thereofthereof (in the case of mutilation), or in lieu of and substitution therefortherefor (in case of loss, theft or destruction), a new certificate or instrument, but only upon receipt of evidence reasonably satisfactory to the Company of such loss, theft or destruction and (in the case of loss, theft or destruction) of customary and reasonable indemnity, if requested, but not indemnity satisfactory to the posting of any surety or similar bondCompany. The applicants applicant for a new certificate or instrument under such circumstances shall also pay any reasonable third-party costs (including customary indemnity) associated with the issuance of such replacement certificateShares.
Appears in 1 contract
Samples: Securities Purchase Agreement (Energy Focus, Inc/De)
Replacement of Shares. If any certificate or instrument evidencing any of Purchased Shares, and if applicable, the Price Protection Shares and the Option 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, or in lieu of and substitution therefortherefore, a new certificate or instrument, but only upon receipt of evidence reasonably satisfactory to the Company of such loss, theft or destruction and customary and reasonable indemnity, if requested, but not the posting of any surety or similar bond. The applicants for a new certificate or instrument under such circumstances shall also pay any reasonable third-party costs associated with the issuance of such replacement certificatePurchased Shares and if applicable, the Price Protection Shares and the Option Shares.
Appears in 1 contract
Samples: Securities Purchase Agreement (L-1 Identity Solutions, Inc.)
Replacement of Shares. If any certificate or instrument evidencing any of Purchased Shares (and if applicable, the Price Protection Shares and the Option 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, or in lieu of and substitution therefortherefore, a new certificate or instrument, but only upon receipt of evidence reasonably satisfactory to the Company of such loss, theft or destruction and customary and reasonable indemnity, if requested, but not the posting of any surety or similar bond. The applicants for a new certificate or instrument under such circumstances shall also pay any reasonable third-party costs associated with the issuance of such replacement certificatePurchased Shares (and if applicable, the Price Protection Shares).
Appears in 1 contract
Samples: Securities Purchase Agreement (L-1 Identity Solutions, Inc.)
Replacement of Shares. If any certificate or instrument evidencing any of Purchased Shares, Conversion Shares and if applicable, the Shares Price Protection 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, or in lieu of and substitution therefortherefore, a new certificate or instrument, but only upon receipt of evidence reasonably satisfactory to the Company of such loss, theft or destruction and customary and reasonable indemnity, if requested, but not the posting of any surety or similar bond. The applicants for a new certificate or instrument under such circumstances shall also pay any reasonable third-party costs associated with the issuance of such replacement certificatePurchased Shares, Conversion Shares and if applicable, the Price Protection Shares,.
Appears in 1 contract
Samples: Securities Purchase Agreement (L-1 Identity Solutions, Inc.)
Replacement of Shares. If any certificate or instrument evidencing any of Purchased Shares, Conversion Shares and if applicable, the Shares Price Protection 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, or in lieu of and substitution therefortherefore, a new certificate or instrument, but only upon receipt of evidence reasonably satisfactory to the Company of such loss, theft or destruction and customary and reasonable indemnity, if requested, but not the posting of any surety or similar bond. The applicants for a new certificate or instrument under such circumstances shall also pay any reasonable third-party costs associated with the issuance of such replacement certificatePurchased Shares, Conversion Shares and if applicable, the Price Protection Shares.
Appears in 1 contract
Samples: Securities Purchase Agreement (L-1 Identity Solutions, Inc.)