Common use of American Depositary Shares Clause in Contracts

American Depositary Shares. The American Depositary Shares, when issued by the Depositary against the deposit of Shares in respect thereof in accordance with the provisions of the Deposit Agreement, will be duly authorized, validly issued and the persons in whose names such American Depositary Shares are registered will be entitled to the rights of registered holders of American Depositary Shares specified therein and in the Deposit Agreement.

Appears in 10 contracts

Samples: Underwriting Agreement (Opera LTD), Underwriting Agreement (Qutoutiao Inc.), Underwriting Agreement (Puxin LTD)

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American Depositary Shares. The American Depositary SharesOffered Securities, when issued by the Depositary against the deposit of Shares in respect thereof in accordance with the provisions of the Deposit Agreement, will be duly authorized, validly issued and the persons in whose names such American Depositary Shares are registered will be entitled to the rights of registered holders of American Depositary Shares specified therein and in the Deposit Agreement.

Appears in 3 contracts

Samples: Underwriting Agreement (Youdao, Inc.), Underwriting Agreement (UP Fintech Holding LTD), Underwriting Agreement (X Financial)

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American Depositary Shares. The American Depositary Shares, when issued by the Depositary against the deposit of Shares in respect thereof in accordance with the provisions of the Deposit Agreement, will be duly authorizedauthorized and validly issued, validly issued and the persons in whose names such American Depositary Shares are registered will be entitled to the rights of registered holders of American Depositary Shares specified therein and in the Deposit Agreement.

Appears in 2 contracts

Samples: Underwriting Agreement (Fangdd Network Group Ltd.), Underwriting Agreement (Viomi Technology Co., LTD)

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