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 Certificates and in this Agreement, and on payment of any charges payable at the time of transfer. All transfers shall be recorded in the Certificate Record Book maintained by the Trustee. 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 and by this Agreement. The Trustee shall deliver Voting Trust Certificates to the transferee for the number of shares represented by the Voting Trust Certificate so transferred.

Appears in 2 contracts

Samples: Voting Trust Agreement (Silverleaf Resorts Inc), Voting Trust Agreement (Mead Robert E)

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Transfer of Voting Trust Certificates. The Voting Trust Certificates shall be transferable only as provided in the Certificates and in this Agreement, and on payment of any charges payable at the time of transfer. All transfers shall be recorded in the Certificate Record Book maintained by the TrusteeBook. 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 upon the transferor by the terms of the Voting voting Trust Certificate and by this Agreement. The Trustee Trustees shall deliver Voting Trust Certificates to the transferee for the number of shares represented by the Voting Trust Certificate so transferred.

Appears in 2 contracts

Samples: Voting Trust Agreement (Boots & Coots International Well Control Inc), Voting Trust Agreement (Boots & Coots International Well Control Inc)

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