Common use of Replacement of Voting Trust Certificates Clause in Contracts

Replacement of Voting Trust Certificates. 15.01. In the event any Voting Trust Certificate becomes mutilated, destroyed, lost or stole, the Voting Trustees may, in their sole discretion, issue and deliver a new Voting Trust Certificate representing a like number of the Shares of the cleared Corporation. In the case of mutilated Voting Trust Certificates, the mutilated voting Trust Certificates shall be exchanged and canceled. In the case of destroyed, lost or stolen Voting Trust Certificates, new Voting Trust Certificates shall be issued upon production of evidence of such destruction, loss or theft that is satisfactory to the Voting Trustees, and upon receipt of indemnity satisfactory to them.

Appears in 3 contracts

Samples: Voting Trust Agreement, Voting Trust Agreement, Voting Trust Agreement

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Replacement of Voting Trust Certificates. 15.0112.1. In the event any Voting Trust Certificate becomes mutilated, destroyed, lost or stolestolen, the Voting Trustees Trustee may, in their his sole discretion, issue and deliver a new Voting Trust Certificate representing a like number of the Shares of the cleared CorporationShares. In the case of mutilated Voting Trust Certificates, the mutilated voting Voting Trust Certificates shall be exchanged and canceled. In the case of destroyed, lost or stolen Voting Trust Certificates, new Voting Trust Certificates shall be issued upon production of evidence of such destruction, loss or theft that is satisfactory to the Voting Trustees, and upon receipt of indemnity satisfactory to them.

Appears in 1 contract

Samples: Sunbase Asia Inc

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