Common use of Replacement of Shares Clause in Contracts

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, and upon satisfaction by the Purchaser of any requirements 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 Shares.

Appears in 2 contracts

Samples: Share Purchase Agreement (Penwest Pharmaceuticals Co), Share Purchase Agreement (TRM Corp)

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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, and upon satisfaction by but not the Purchaser posting of any requirements of the Company’s transfer agentsurety 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 Sharescertificate.

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 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, 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, and upon satisfaction by the Purchaser of any requirements 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 Purchased 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, 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, 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, and upon satisfaction by the Purchaser of any requirements 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 Purchased 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.)

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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, 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, and upon satisfaction by the Purchaser of any requirements 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 Purchased 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 (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, 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, and upon satisfaction by the Purchaser of any requirements 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 Purchased Shares (and if applicable, the Price Protection Shares).

Appears in 1 contract

Samples: Securities Purchase Agreement (L-1 Identity Solutions, Inc.)

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