Temporary Unit Certificates Sample Clauses
The Temporary Unit Certificates clause establishes the issuance of provisional certificates to represent ownership or rights in units before the final, official certificates are available. In practice, this means that when units are first allotted or transferred, holders may receive temporary documentation that serves as evidence of their entitlement until the permanent certificates are prepared and delivered. This clause ensures that unit holders can exercise their rights and participate in relevant activities without delay, effectively bridging the gap between allocation and the formal issuance of definitive certificates.
Temporary Unit Certificates. Pending the preparation of definitive Unit Certificates, the Company shall execute and deliver (together with an Issuer Order) to the Unit Agent, and the Unit Agent shall authenticate, execute on behalf of the Holders, and deliver, in lieu of such definitive Unit Certificates, temporary Unit Certificates which are in substantially the form set forth in Exhibit A or Exhibit B hereto, with such letters, numbers or other marks of identification or designation and such legends or endorsements printed, lithographed or engraved thereon as may be required by the rules of any securities exchange on which the Units are listed or Depositary therefor, or as may, consistently herewith, be determined by the officers of the Company executing such Unit Certificates, as evidenced by their execution of the Unit Certificates. If temporary Unit Certificates are issued, the Company will cause definitive Unit Certificates to be prepared without unreasonable delay. After the preparation of definitive Unit Certificates, the temporary Unit Certificates shall be exchangeable for definitive Unit Certificates upon surrender of the temporary Unit Certificates at the Corporate Trust Office, at the expense of the Company and without charge to the Holder. Upon surrender for cancellation of any one or more temporary Unit Certificates, the Company shall execute and deliver to the Unit Agent, and the Unit Agent shall authenticate, execute on behalf of the Holder, and deliver in exchange therefor, one or more definitive Unit Certificates of authorized denominations and evidencing a like number of Normal Units or Stripped Units, as the case may be, as the temporary Unit Certificate or Unit Certificates so surrendered. Until so exchanged, the temporary Unit Certificates shall in all respects evidence the same benefits and the same obligations with respect to the Units evidenced thereby as definitive Unit Certificates.
Temporary Unit Certificates. (a) Pending the preparation of definitive Unit Certificates, the Agent shall execute and deliver, in lieu of such definitive Unit Certificates, temporary Unit Certificates which are in substantially the form set forth in Exhibit B with such letters, numbers or other marks of identification or designation and such legends or endorsements printed, lithographed or engraved thereon as may be required by the rules of any securities exchange or quotation system on which the Units are listed, or as may, consistently herewith, be determined by the Agent, as evidenced by the execution of the Unit Certificates.
(b) If temporary Unit Certificates are issued, the Agent will cause definitive Unit Certificates to be prepared without unreasonable delay. After the preparation of definitive Unit Certificates, the temporary Unit Certificates shall be exchangeable for definitive Unit Certificates upon surrender of the temporary Unit Certificates at the Stock Transfer Office, without charge to the Holder. Upon surrender for cancellation of any one or more temporary Unit Certificates, the Agent shall execute and deliver in exchange therefor, one or more definitive Unit Certificates evidencing a like number of Units as the temporary Unit Certificate or Unit Certificates so surrendered. Until so exchanged, the temporary Unit Certificates shall in all respects evidence the same benefits and the same obligations with respect to the Units evidenced thereby as definitive Unit Certificates.
Temporary Unit Certificates. Pending the preparation of definitive Unit Certificates, the Company shall execute and deliver to the Unit Agent, and the Unit Agent shall authenticate, execute on behalf of the Holders, and deliver, in lieu of such definitive Unit Certificates, temporary Unit Certificates which are in substantially the form set forth in Exhibit A or Exhibit B hereto, with such letters, numbers or other marks of identification or designation and such legends or endorsements printed, lithographed or engraved thereon as may be required by the rules of any securities exchange on which the Units are listed or Depositary therefor, or as may, consistently herewith, be determined by the officers of the Company executing such Unit Certificates, as evidenced by their execution of the Unit Certificates.
Temporary Unit Certificates. 14 3.5 Registration; Registration of Transfer and Exchange........
Temporary Unit Certificates. Pending the preparation of definitive Unit Certificates, the Company shall execute and deliver (together with an Issuer Order) to the Unit Agent, and the Unit Agent shall authenticate, execute on behalf of the Holders, and deliver, in lieu of such definitive Unit Certificates, temporary Unit Certificates which are in substantially the form set forth in Exhibit A or Exhibit B hereto, with such letters, numbers or other marks of identification or designation and such legends or endorsements printed, lithographed or engraved thereon as may be required by the rules of any securities exchange on which the Units are listed or Depositary therefor, or as may, consistently herewith, be determined by the officers of the Company executing such Unit Certificates, as evidenced by their execution of the Unit Certificates. If temporary Unit Certificates are issued, the Company will cause definitive Unit Certificates to be prepared without unreasonable delay. After the preparation of definitive Unit Certificates, the temporary Unit Certificates shall be exchangeable for definitive Unit Certificates upon surrender of the temporary Unit Certificates at the
Temporary Unit Certificates. 3 SECTION 1.06. Separation of Units and Notes....................................... 4 SECTION 1.07. Registration........................................................ 4 SECTION 1.08. Registration of Transfers and Exchanges............................. 5 SECTION 1.09. Lost, Stolen, Destroyed, Defaced or Mutilated Unit Certificates...
Temporary Unit Certificates. 14 3.5 Registration; Registration of Transfer and Exchange........................ 14 3.6 Mutilated, Destroyed, Lost and Stolen Unit Certificates.................... 16 3.7 Persons Deemed Owners...................................................... 17 3.8 Cancellation...............................................................
Temporary Unit Certificates. 11 SECTION 2.08. Registration of Transfer and Exchange; Global Units..12 SECTION 2.09. Mutilated, Destroyed, Lost and Stolen Unit Certificates.......................................14 SECTION 2.10. Persons Deemed Owners................................16 SECTION 2.11. Cancellation.........................................16 SECTION 2.12. Exchange of Global Units and Definitive Units........17
Temporary Unit Certificates. Pending the preparation --------------------------- of definitive Unit Certificates, the Company may execute, and, upon receipt of an authentication order in accordance with Section 1.04 hereof, the Unit Agent shall authenticate and deliver, temporary Unit Certificates, which are printed, lithographed, typewritten or otherwise produced, in a form substantially similar to the definitive Unit Certificates in lieu of which they are issued and with such appropriate insertions, omissions, substitutions and other variations as the officers executing such Unit Certificates may determine, as evidenced by their execution of such Unit Certificates. If temporary Unit Certificates are issued, the Company will cause definitive Unit Certificates to be prepared without unreasonable delay. After the preparation of definitive Unit Certificates, the temporary Unit Certificates shall be exchangeable for definitive Unit Certificates upon surrender of the temporary Unit Certificates at any office or agency maintained by the Company for that purpose pursuant to Section 1.10 hereof. Subject to the provisions of Section 4.01 hereof, such exchange shall be without charge to the holder. Upon surrender for cancellation of any one or more temporary Unit Certificates, the Company shall execute, and, upon receipt of an authentication order in accordance with Section 1.04 hereof, the Unit Agent shall authenticate and deliver in exchange therefor, one or more definitive Unit Certificates representing in the aggregate a like number of Units. Until so exchanged, the holder of a temporary Unit Certificate shall in all respects be entitled to the same benefits under this Agreement as a holder of a definitive Unit Certificate.