LEGEND ON CERTIFICATES definition

LEGEND ON CERTIFICATES. Each certificate representing shares of Common Stock or Class B Common Stock or Series I Preferred Shares beneficially owned by any member of the TIG Group or any Founder shall be imprinted with a legend in the following form until such time as all restrictions on the Disposition of such shares hereunder are terminated: "THESE SHARES MAY ONLY BE TRANSFERRED PURSUANT TO THE PROVISIONS OF ARTICLE IV OF A CERTAIN SECURITIES PURCHASE AGREEMENT DATED AS OF DECEMBER 4, 1996, BY AND AMONG ASSOCIATED BUSINESS & COMMERCE HOLDINGS, INC., A FLORIDA CORPORATION, XXXXX XXXXX, XXXXXXXX X. XXXXXXXXXX, XXXXXXXXX X. XXXXX, XXXXXX X. XXXXXX AND XXXXX X. XXXXXX, AND TIG REINSURANCE COMPANY, A CONNECTICUT CORPORATION, A COPY OF WHICH AGREEMENT IS ON FILE AT THE PRINCIPAL OFFICE OF THE COMPANY." The Company shall not (i) give effect on its books to an attempted Disposition of any shares of Common Stock or Class B Common Stock or Series I Preferred Shares which shall have been Disposed of in violation of any provision of this Agreement, or (ii) treat any transferee who obtains any shares of Common Stock or Class B Common Stock or Series I Preferred Shares in violation of any provision of this Agreement as the owner of such shares or accord any transferee thereof the right to vote or to receive dividends in respect of such shares. The Company will issue new certificates not imprinted with the foregoing legend to any holder of shares of Common Stock or Class B Common Stock or Series I Preferred Shares not subject to the restrictions on Disposition contained in this Agreement. Certificates representing Class B Shares, Series I Preferred Shares and shares of Common Stock issued in the Exchange shall also bear such legends as the Company reasonably determines are required to ensure compliance with the Securities Act and applicable state securities or blue sky laws.
Sample 1

Examples of LEGEND ON CERTIFICATES in a sentence

  • LEGEND ON CERTIFICATES............................................

Related to LEGEND ON CERTIFICATES

  • Perfection Certificates is defined in Section 5.1.

  • Class N Certificate means any of the Certificates with a "Class N" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Exchange Certificates Means the pass through certificates substantially in the form of Exhibit A hereto issued in exchange for the Initial Certificates pursuant to the Registration Rights Agreement and authenticated hereunder.

  • Delay Certificates As specified in the Preliminary Statement.

  • Information Certificate means the Information Certificate of Borrower constituting Exhibit A hereto containing material information with respect to Borrower, its business and assets provided by or on behalf of Borrower to Lender in connection with the preparation of this Agreement and the other Financing Agreements and the financing arrangements provided for herein.

  • Satisfaction Certificate means the certificate materially in the form of the document contained in the Appendix to schedule 4 granted by the Customer when the Supplier has Achieved a Milestone;

  • registration certificate means the certificate of registration or other documents in lieu thereof establishing that the Goods supplied under the Contract are registered for use in the Purchaser’s country in accordance with the applicable law.

  • Allocation Certificate has the meaning set forth in Section 1.12(b).

  • Lockout Certificates The Class A-7 Certificates.

  • Supplemental Perfection Certificate means a certificate substantially in the form of Exhibit G or any other form approved by the Administrative Agent.

  • Exemption Certificate is defined in clause (e) of Section 4.6.

  • Inspection Certificate means a report prepared by an independent authority or third party assessor who is qualified by experience and/or education to declare the Produce unfit for human consumption, unsuitable for sale or not meeting a particular specification or standard.

  • Class B-6 Certificates The Certificates designated as “Class B-6” on the face thereof in substantially the form attached hereto as Exhibit A.

  • COFI Certificates As specified in the Preliminary Statement.

  • Perfection Certificate Supplement means a certificate supplement in the form of Exhibit L-2 or any other form approved by the Collateral Agent.

  • Pledge Certificate means a Pledge Certificate in the form attached to this Appendix "C" as Schedule 1 executed by a duly authorized officer of the applicable Fund and delivered by such Fund to the Custodian by facsimile transmission or in such other manner as the applicable Fund and the Custodian may agree in writing.

  • Class B-5 Certificates The Certificates designated as “Class B-5” on the face thereof in substantially the form attached hereto as Exhibit A.

  • -ENTRY CERTIFICATES Any of the Certificates that shall be registered in the name of the Depository or its nominee, the ownership of which is reflected on the books of the Depository or on the books of a person maintaining an account with the Depository (directly, as a "Depository Participant", or indirectly, as an indirect participant in accordance with the rules of the Depository and as described in Section 7.06). As of the Closing Date, each Class of Regular Certificates constitutes a Class of Book-Entry Certificates.

  • Class A-8 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit A-8 and Exhibit C hereto.

  • Perfection Certificate is defined in Section 5.1.

  • Class AA Certificates means Pass Through Certificates issued by the Class AA Pass Through Trust.

  • Option Certificate means the certificate, substantially in the form set out as Schedule “A” hereto, evidencing an Option;

  • New Certificates has the meaning set forth in Section 2.05(a).

  • Non-Delay Certificates As specified in the Preliminary Statement.

  • Principal Only Certificates As specified in the Preliminary Statement.

  • Class J Certificate means any one of the Certificates with a "Class J" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.