Common use of Transfer of Voting Trust Certificates Clause in Contracts

Transfer of Voting Trust Certificates. The Voting Trust Certificates shall be transferable only as provided in the Voting Trust Certificates and this Agreement, and upon payment of any charges in effect at the time of transfer. All transfers shall be recorded in the certificate record book as defined in Section 6.02 herein, and any transfer made of any Voting Trust Certificate shall vest in the transferee all rights of the transferor and shall subject the transferee to the same limitations as those imposed on the transferor by the terms of the Voting Trust Certificate so transferred and by this Agreement, and upon such transfer the Trustee shall deliver a Voting Trust Certificate or Certificates to the transferee for the number of shares represented by the Voting Trust Certificate so transferred.

Appears in 3 contracts

Samples: Voting Trust Agreement (Ontro Inc), Voting Trust Agreement (Ontro Inc), Voting Trust Agreement (Ontro Inc)

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Transfer of Voting Trust Certificates. The Voting Trust Certificates shall be transferable only as provided in the Voting Trust Certificates and in this Agreement, and upon on payment of any charges in effect payable at the time of transfer. All transfers shall be recorded in the certificate record book as defined Voting Trust Certificate Register provided for in Section 6.02 herein, and any Paragraph 5.02. Any transfer made of any Voting Trust Certificate shall vest in the transferee all rights of the transferor and shall subject the transferee to the same limitations as those imposed on the transferor by the terms of the Voting Trust Certificate so transferred and by this Agreement, and upon such transfer the . The Trustee shall deliver a Voting Trust Certificate or Certificates to the transferee for the number of shares Shares represented by the Voting Trust Certificate so transferred, subject, however, to AutoPrime's perfected security interest.

Appears in 2 contracts

Samples: Voting Trust Agreement (Autocorp Equities Inc), Voting Trust Agreement (Autocorp Equities Inc)

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