Common use of REPLACEMENT OF VOTING TRUST CERTIFICATE Clause in Contracts

REPLACEMENT OF VOTING TRUST CERTIFICATE. Upon receipt of evidence reasonably satisfactory to the Trustees (an affidavit of the registered holder will be satisfactory) of the ownership and the loss, theft, destruction or mutilation of a Voting Trust Certificate, and in the case of any such loss, theft or destruction, upon receipt of indemnity reasonably satisfactory to the Trustees (provided that if the registered holder is a financial institution or other institutional investor, its own agreement will be satisfactory), or, in the case of any such mutilation, upon surrender of such certificate, the Trustees shall (at the registered holder's expense) execute and deliver in lieu of such certificate a new Voting Trust Certificate of like kind representing the number of Trust Shares represented by such lost, stolen, destroyed or mutilated certificate and dated the date of such lost, stolen, destroyed or mutilated certificate.

Appears in 3 contracts

Samples: Voting Trust Agreement (Cort Business Services Corp), Voting Trust Agreement (Sherrill Stephen), Voting Trust Agreement (Cort Business Services Corp)

AutoNDA by SimpleDocs

REPLACEMENT OF VOTING TRUST CERTIFICATE. Upon receipt of evidence reasonably satisfactory to the Trustees Trustee (such as an affidavit of the registered holder will be satisfactoryholder) of the ownership and the loss, theft, destruction or mutilation of a Voting Trust Certificate, and in the case of any such loss, theft or destruction, upon receipt of indemnity reasonably satisfactory to the Trustees Trustee (provided that if the registered holder is a financial institution or other institutional investor, its own agreement will be satisfactory), or, in the case of any such mutilation, upon surrender of such certificate, the Trustees Trustee shall (at the registered holder's expense) execute and deliver in lieu of such certificate a new Voting Trust Certificate of like kind representing the number of Trust Shares represented by such lost, stolen, destroyed or mutilated certificate and dated the date of such lost, stolen, destroyed or mutilated certificate.

Appears in 1 contract

Samples: Voting Trust Agreement (Global Energy Group Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.