Common use of Replacement Stock Certificates Clause in Contracts

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

Appears in 2 contracts

Samples: Investment Agreement (Transmeridian Exploration Inc), Investment Agreement (Transmeridian Exploration Inc)

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Replacement Stock Certificates. (a) If physical certificates are issued, and any of the Redeemable Mandatory Convertible Preferred Stock certificates shall be mutilated, lost, stolen or destroyed, the Company Corporation shall, at the expense of the HolderHolder thereof, issue, in exchange and in substitution for and upon cancellation of the mutilated Redeemable Mandatory Convertible Preferred Stock certificate, or in lieu of and substitution for the Redeemable Convertible Preferred Stock certificate lost, stolen or destroyeddestroyed Mandatory Convertible Preferred Stock certificate, a new Redeemable Mandatory Convertible Preferred Stock certificate of like tenor and representing an equivalent amount of shares of Redeemable Mandatory Convertible Preferred Stock, but only upon receipt of evidence of such loss, theft or destruction of such Redeemable Mandatory Convertible Preferred Stock certificate and indemnity, if requested, satisfactory to the Company Corporation and the Transfer Agent.

Appears in 2 contracts

Samples: Stock Purchase Agreement, Stock Purchase Agreement (Kansas City Power & Light Co)

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