Common use of ADR Amendments Clause in Contracts

ADR Amendments. (a) The first sentence of paragraph 1 of the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs issued and outstanding under the terms of the Deposit Agreement is hereby amended as of the Effective Date by deleting such sentence in its entirety and inserting the following in its stead: “This American Depositary Receipt is one of an issue of American Depositary Receipts (“ADRs” or “Receipts”), all issued and to be issued upon the terms and conditions set forth in the Amended and Restated Deposit Agreement, dated as of June 29, 1998, as amended by Amendment No. 1 to Amended and Restated Deposit Agreement, dated as of January 5, 1999, as amended by Amendment No. 2 to Amended and Restated Deposit Agreement dated as of December 21, 2007, as amended by Amendment No. 3 to Amended and Restated Deposit Agreement dated as of [_____________] (as so amended and as further amended and supplemented from time to time, the “Deposit Agreement”), by and among the Company, the Depositary and all Holders and Beneficial Owners from time to time of ADSs, each of whom by accepting an ADS becomes bound by all the terms and provisions thereof.”

Appears in 1 contract

Samples: Amended and Restated Deposit Agreement (Citibank,N.A./ADR)

AutoNDA by SimpleDocs

ADR Amendments. (a) The first sentence of paragraph 1 (1) of the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs issued and outstanding under the terms of the Deposit Agreement is hereby amended as of the Effective Date by deleting such sentence in its entirety and inserting the following in its stead: “This American Depositary Receipt is one of an issue of American Depositary Receipts (“ADRs” or “Receipts”), all issued and to be issued upon the terms and conditions set forth in the Amended and Restated Deposit Agreement, dated as of June 29August 1, 19982014, as amended by Amendment No. 1 to Amended and Restated Deposit Agreement, dated as of January 5July 1, 19992015, and as further amended by Amendment No. 2 to Amended and Restated Deposit Agreement dated as of December 21Agreement, 2007, as amended by Amendment No. 3 to Amended and Restated Deposit Agreement dated as of [_____________] ·], 2021 (as so amended and as further amended and supplemented from time to time, the “Deposit Agreement”), by and among the Company, the Depositary Depositary, and all Holders and Beneficial Owners from time to time of ADSs, ADSs issued thereunder.” (b) Paragraph (18) of the form of ADR attached as Exhibit A to the Deposit Agreement and in each of whom by accepting an ADS becomes bound by all the ADRs issued and outstanding under the terms of the Deposit Agreement is hereby amended as of the Effective Date by deleting such paragraph in its entirety and provisions thereof.”inserting the following in its stead:

Appears in 1 contract

Samples: Amended and Restated Deposit Agreement (Citibank,N.A./ADR)

ADR Amendments. (a) The first sentence of paragraph 1 (1) of the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs issued and outstanding under the terms of the Deposit Agreement is hereby amended as of the Effective Date by deleting such sentence in its entirety and inserting the following in its stead: “This American Depositary Receipt is one of an issue of American Depositary Receipts (“ADRs” or “Receipts”), all issued and to be issued upon the terms and conditions set forth in the Second Amended and Restated Deposit Agreement, dated as of June 29July 2, 19982007, as amended by Amendment No. 1 to Amended and Restated the Deposit Agreement, dated as of January 5[·], 1999, as amended by Amendment No. 2 to Amended and Restated Deposit Agreement dated as of December 21, 2007, as amended by Amendment No. 3 to Amended and Restated Deposit Agreement dated as of [_____________] 2022 (as so amended and as further amended and supplemented from time to time, the “Deposit Agreement”), by and among the Company, the Depositary Depositary, and all Holders and Beneficial Owners from time to time of ADSs, ADSs issued thereunder.” (b) Paragraph (10) of the form of ADR attached as Exhibit A to the Deposit Agreement and in each of whom by accepting an ADS becomes bound by all the ADRs issued and outstanding under the terms of the Deposit Agreement is hereby amended as of the Effective Date by deleting such paragraph in its entirety and provisions thereof.”inserting the following in its stead:

Appears in 1 contract

Samples: Deposit Agreement (Citibank,N.A./ADR)

ADR Amendments. (a) The second sentence of the introductory paragraph of the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs issued and outstanding under the terms of the Deposit Agreement is hereby amended as of the Effective Date by deleting such sentence in its entirety and inserting the following in its stead: “As of the date hereof, each ADS represents the right to receive one Share deposited under the Deposit Agreement with the Custodian, which at the date hereof is DNB NOR BANK ASA Custody and Investor Services (the “Custodian”).” (b) The first sentence of paragraph 1 (1) of the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs issued and outstanding under the terms of the Deposit Agreement is hereby amended as of the Effective Date by deleting such sentence in its entirety and inserting the following in its stead: “This American Depositary Receipt is one of an issue of American Depositary Receipts (“ADRs” or “Receipts”), all issued and to be issued upon the terms and conditions set forth in the Amended and Restated Deposit Agreement, dated as of June 29January 27, 19982014, as amended by Amendment No. 1 to Amended and Restated Deposit Agreement, dated as of January 5, 1999, as amended by Amendment No. 2 to Amended and Restated Deposit Agreement dated as of December 21, 2007, as amended by Amendment No. 3 to Amended and Restated Deposit Agreement dated as of [_____________] __, 2017 (as so amended and as further amended and supplemented from time to time, the “Deposit Agreement”), by and among the Company, the Depositary and all Holders and Beneficial Owners from time to time of ADSs, each of whom by accepting an ADS becomes bound by all the terms and provisions thereofADSs issued thereunder.”

Appears in 1 contract

Samples: Deposit Agreement (Citibank,N.A./ADR)

AutoNDA by SimpleDocs

ADR Amendments. (a) The first sentence of paragraph 1 (1) of the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs issued and outstanding under the terms of the Deposit Agreement is hereby amended as of the Effective Date by deleting such sentence in its entirety and inserting the following in its stead: “This American Depositary Receipt is one of an issue of American Depositary Receipts (“ADRs” or “Receipts”), all issued and to be issued upon the terms and conditions set forth in the Amended and Restated Deposit Agreement, dated as of June 29July 11, 19982022, as amended by Amendment No. 1 to Amended and Restated Deposit Agreement, dated as of January 5, 1999, as amended by Amendment No. 2 to Amended and Restated Deposit Agreement dated as of December 21, 2007, as amended by Amendment No. 3 to Amended and Restated Deposit Agreement dated as of [_____________l] (as so amended and as further amended and supplemented from time to time, the “Deposit Agreement”), by and among the Company, the Depositary and all Holders and Beneficial Owners from time to time of ADSs, ADSs issued thereunder.” (b) Paragraph (24) of the form of ADR attached as Exhibit A to the Deposit Agreement and in each of whom by accepting an ADS becomes bound by all the ADRs issued and outstanding under the terms of the Deposit Agreement is hereby amended as of the Effective Date by deleting such paragraph in its entirety and provisions thereof.”inserting the following in its stead:

Appears in 1 contract

Samples: Deposit Agreement (Citibank,N.A./ADR)

ADR Amendments. (a) The first sentence of paragraph 1 of the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs issued and outstanding under the terms of the Deposit Agreement is hereby amended as of the Effective Date by deleting such sentence in its entirety and inserting the following in its stead: “This American Depositary Receipt is one of an issue of American Depositary Receipts (“ADRs” or “Receipts”), all issued and to be issued upon the terms and conditions set forth in the Amended and Restated Deposit Agreement, dated as of June May 29, 19982002, as amended by Amendment No. 1 to Amended and Restated Deposit Agreement, dated as of January 5February 15, 19992006, and as amended by Amendment No. 2 to Amended and Restated Deposit Agreement dated as of December 21, 2007, as amended by Amendment No. 3 to Amended and Restated Deposit Agreement dated as of [_____________] ·], 2020 (as so amended and as further amended and supplemented from time to time, the “Deposit Agreement”), by and among the Company, the Depositary and all Holders and Beneficial Owners from time to time of American Depositary Shares (“ADSs”) evidenced by Receipts issued thereunder, each of whom by accepting an ADS (or an interest therein) agrees to become a party thereto and becomes bound by all the terms and provisions thereof.”.

Appears in 1 contract

Samples: Deposit Agreement (Citibank,N.A./ADR)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!