Common use of Replacement Stock Certificates Clause in Contracts

Replacement Stock Certificates. If any of the Series A Preferred Stock Certificates shall be mutilated, lost, stolen or destroyed, the Corporation shall, at the expense of the Holder, issue, in exchange and in substitution for and upon cancellation of the mutilated Series A Preferred Stock Certificate, or in lieu of and substitution for the Series A Preferred Stock Certificate lost, stolen or destroyed, a new Series A Preferred Stock Certificate of like tenor and representing an equivalent amount of shares of Series A Preferred Stock, but only upon receipt of evidence of such loss, theft or destruction of such Series A Preferred Stock Certificate and indemnity, if requested, satisfactory to the Corporation and the Transfer Agent.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Jacksonville Bancorp Inc /Fl/), Securities Purchase Agreement (Cordia Bancorp Inc)

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Replacement Stock Certificates. If any of the Series A B Preferred Stock Certificates certificates shall be mutilated, lost, stolen or destroyed, the Corporation shall, at the expense of the Holder, issue, in exchange and in substitution for and upon cancellation of the mutilated Series A B Preferred Stock Certificatecertificate, or in lieu of and substitution for the Series A B Preferred Stock Certificate certificate lost, stolen or destroyed, a new Series A B Preferred Stock Certificate certificate of like tenor and representing an equivalent amount of shares of Series A B Preferred Stock, but only upon receipt of evidence of such loss, theft or destruction of such Series A B Preferred Stock Certificate certificate and indemnity, if requested, satisfactory to the Corporation and the Transfer Agent.

Appears in 1 contract

Samples: Securities Purchase Agreement (Blue Ridge Bankshares, Inc.)

Replacement Stock Certificates. If any of the Series A C Preferred Stock Certificates shall be mutilated, lost, stolen or destroyed, the Corporation shall, at the expense of the Holder, issue, in exchange and in substitution for and upon cancellation of the mutilated Series A C Preferred Stock Certificate, or in lieu of and substitution for the Series A C Preferred Stock Certificate lost, stolen or destroyed, a new Series A C Preferred Stock Certificate of like tenor and representing an equivalent amount of shares of Series A C Preferred Stock, but only upon receipt of evidence of such loss, theft or destruction of such Series A C Preferred Stock Certificate and indemnity, if requested, satisfactory to the Corporation and the Transfer Agent.

Appears in 1 contract

Samples: Investment Agreement (Seacoast Banking Corp of Florida)

Replacement Stock Certificates. If any of the Series A C Preferred Stock Certificates certificates shall be mutilated, lost, stolen or destroyed, the Corporation shall, at the expense of the Holder, issue, in exchange and in substitution for and upon cancellation of the mutilated Series A C Preferred Stock Certificatecertificate, or in lieu of and substitution for the Series A C Preferred Stock Certificate certificate lost, stolen or destroyed, a new Series A C Preferred Stock Certificate certificate of like tenor and representing an equivalent amount of shares of Series A C Preferred Stock, but only upon receipt of evidence of such loss, theft or destruction of such Series A C Preferred Stock Certificate certificate and indemnity, if requested, satisfactory to the Corporation and the Transfer Agent.

Appears in 1 contract

Samples: Securities Purchase Agreement (Blue Ridge Bankshares, Inc.)

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Replacement Stock Certificates. If any of the Series A B Preferred Stock Certificates shall be mutilated, lost, stolen or destroyed, the Corporation shall, at the expense of the Holder, issue, in exchange and in substitution for and upon cancellation of the mutilated Series A B Preferred Stock Certificate, or in lieu of and substitution for the Series A B Preferred Stock Certificate lost, stolen or destroyed, a new Series A B Preferred Stock Certificate of like tenor and representing an equivalent amount of shares of Series A B Preferred Stock, but only upon receipt of evidence of such loss, theft or destruction of such Series A B Preferred Stock Certificate and indemnity, if requested, satisfactory to the Corporation and the Transfer Agent.

Appears in 1 contract

Samples: Investment Agreement (Seacoast Banking Corp of Florida)

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