Common use of Acceptance of Subscriptions Clause in Contracts

Acceptance of Subscriptions. (a) The Company hereby authorizes and directs the ADR Rights Agent to accept subscriptions for New ADSs on behalf of the Company upon payment of the Subscription Price and the exercise of ADR Rights Certificates in accordance with the terms thereof and hereof. The Company further authorizes the ADR Rights Agent to refuse to accept, in its discretion, any improperly completed or unexecuted ADR Rights Certificate. Notwithstanding the foregoing, without further authorization from the Company, the ADR Rights Agent shall accept, on or before the Expiration Date, except where otherwise specified, any of the following:

Appears in 1 contract

Samples: Supplemental Agreement (Distribution & Service D&s Sa)

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Acceptance of Subscriptions. (a) a. The Company hereby authorizes and directs the ADR Rights Agent to accept subscriptions for New ADSs on behalf of the Company upon payment the proper completion and execution of an ADS Rights Certificate, surrender of the applicable ADS Rights Certificate and delivery of the U.S. Dollar Payment in respect of the ADS Subscription Price and for the exercise of ADR Rights Certificates New ADSs, in accordance with the terms thereof and hereof. The Company further authorizes the ADR Rights Agent to refuse to accept, in its reasonable discretion, any improperly completed or unexecuted ADR ADS Rights Certificate. Notwithstanding the foregoing, without further authorization from the Company, the ADR Rights Agent shall accept, on or before the Expiration Date, except where otherwise specified, any of the following:.

Appears in 1 contract

Samples: Rights Agency Agreement (Chartered Semiconductor Manufacturing LTD)

Acceptance of Subscriptions. (a) The Company hereby authorizes and directs the ADR ADS Rights Agent to accept subscriptions for New ADSs on behalf of the Company upon payment of the Subscription Price and the exercise of ADR ADS Rights Certificates in accordance with the terms thereof and hereof. The Company further authorizes the ADR ADS Rights Agent to refuse to accept, in its discretion, any improperly completed or unexecuted ADR ADS Rights Certificate. Notwithstanding the foregoing, without further authorization from the Company, the ADR ADS Rights Agent shall accept, on or before the Expiration Date, except where otherwise specified, any of the following:

Appears in 1 contract

Samples: Rights Agent Agreement (Infineon Technologies Ag)

Acceptance of Subscriptions. (a) a. The Company hereby authorizes and directs the ADR Rights Agent to accept subscriptions for New ADSs on behalf of the Company upon payment the proper completion and execution of an ADS Rights Certificate, surrender of the applicable ADS Rights Certificate and delivery of the ADS Subscription Deposit Price and for the exercise of ADR Rights Certificates New ADSs, in accordance with the terms thereof and hereof. The Company further authorizes the ADR Rights Agent to refuse to accept, in its reasonable discretion, any improperly completed or unexecuted ADR ADS Rights Certificate. Notwithstanding the foregoing, without further authorization from the Company, the ADR Rights Agent shall accept, on or before the Expiration Date, except where otherwise specified, any of the following:.

Appears in 1 contract

Samples: Rights Agency Agreement (KB Financial Group Inc.)

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Acceptance of Subscriptions. (a) a. The Company hereby authorizes and directs the ADR Rights Agent to accept subscriptions for New ADSs on behalf of the Company upon payment the proper completion and execution of an ADS Rights Certificate, surrender of the Subscription Price applicable ADS Rights Certificate and delivery of the exercise of ADR Rights Certificates U.S. Dollar Payment for the New ADSs, in accordance with the terms thereof and hereof. The Company further authorizes the ADR Rights Agent to refuse to accept, in its reasonable discretion, any improperly completed or unexecuted ADR ADS Rights Certificate. Notwithstanding the foregoing, without further authorization from the Company, the ADR Rights Agent shall accept, on or before the Expiration Date, except where otherwise specified, any of the following:.

Appears in 1 contract

Samples: Rights Agency Agreement (Edp Energias De Portugal Sa)

Acceptance of Subscriptions. (a) a. The Company hereby authorizes and directs the ADR ADS Rights Agent to accept subscriptions for New ADSs on behalf of the Company upon payment the proper completion and execution of the applicable ADS Rights Certificate, surrender of the applicable ADS Rights Certificate and delivery of the applicable ADS Subscription Price and the exercise of ADR Rights Certificates for each New ADS, in accordance with the terms thereof and hereof. The Company further authorizes the ADR ADS Rights Agent to refuse to accept, in its reasonable discretion, any improperly completed or unexecuted ADR ADS Rights Certificate. Notwithstanding the foregoing, without further authorization from the Company, the ADR Rights Agent shall accept, on or before the Expiration Date, except where otherwise specified, any of the following:Certificates.

Appears in 1 contract

Samples: Rights Agency Agreement (Enel Americas S.A.)

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