APPOINTMENT OF DEPOSITARY; FORM OF RECEIPTS Sample Clauses

APPOINTMENT OF DEPOSITARY; FORM OF RECEIPTS. DEPOSIT OF SHARES; EXECUTION AND DELIVERY, TRANSFER AND SURRENDER OF RECEIPTS
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APPOINTMENT OF DEPOSITARY; FORM OF RECEIPTS. DEPOSIT OF SHARES; EXECUTION AND DELIVERY, TRANSFER AND SURRENDER OF RECEIPTS 6 Section 2.1 Appointment of Depositary 6 Section 2.2 Form and Transferability of ADSs 7 Section 2.3 Deposit of Shares 8 Section 2.4 Registration and Safekeeping of Deposited Securities 9 Section 2.5 Issuance of ADSs 10 Section 2.6 Transfer, Combination and Split-Up of ADRs 11 Section 2.7 Surrender of ADSs and Withdrawal of Deposited Securities 11 Section 2.8 Limitations on Execution and Delivery, Transfer, etc. of ADSs; Suspension of Delivery, Transfer, etc 13 Section 2.9 Lost ADRs, etc 14 Section 2.10 Cancellation and Destruction of Surrendered ADRs; Maintenance of Records 14 Section 2.11 Escheatment 14 Section 2.12 Partial Entitlement ADSs 14 Section 2.13 Certificated/Uncertificated ADSs 15 Section 2.14 Restricted ADSs 16 ARTICLE III CERTAIN OBLIGATIONS OF HOLDERSAND BENEFICIAL OWNERS OF ADSs 18 Section 3.1 Proofs, Certificates and Other Information 18 Section 3.2 Liability for Taxes and Other Charges 18 Section 3.3 Representations and Warranties on Deposit of Shares 19 Section 3.4 Compliance with Information Requests 19 Section 3.5 Ownership Restrictions 19 Section 3.6 Reporting Obligations and Regulatory Approvals 20 ARTICLE IV THE DEPOSITED SECURITIES 20 Section 4.1 Cash Distributions 20 Section 4.2 Distribution in Shares 21 Section 4.3 Elective Distributions in Cash or Shares 22 Section 4.4 Distribution of Rights to Purchase Additional ADSs 23 Section 4.5 Distributions Other Than Cash, Shares or Rights to Purchase Shares 24 Section 4.6 Distributions with Respect to Deposited Securities in Bearer Form 25 Section 4.7 Redemption 26 Section 4.8 Conversion of Foreign Currency 26 Section 4.9 Fixing of ADS Record Date 27 Section 4.10 Voting of Deposited Securities 27 Section 4.11 Changes Affecting Deposited Securities 29 Section 4.12 Available Information 30 Section 4.13 Reports 30 Section 4.14 List of Holders 31 Section 4.15 Taxation 31
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APPOINTMENT OF DEPOSITARY; FORM OF RECEIPTS. DEPOSIT OF SHARES; EXECUTION AND
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APPOINTMENT OF DEPOSITARY; FORM OF RECEIPTS. DEPOSIT OF ELIGIBLE SECURITIES; EXECUTION AND DELIVERY, TRANSFER AND SURRENDER OF RECEIPTS 6 Section 2.1. Appointment of Depositary 6 Section 2.2. Form and Transferability of Receipts 6 Section 2.3. Deposit with Custodian 7 Section 2.4. Registration and Safekeeping of Deposited Securities 9 Section 2.5. Execution and Delivery of Receipts 9 Section 2.6. Transfer, Combination and Split-up of Receipts 9 Section 2.7. Surrender of ADSs and Withdrawal and Sale of Deposited Securities 11 Section 2.8. Additional Limitations on Execution and Delivery, Transfer, etc. of Receipts; Suspension of Delivery, Transfer, etc. 15 Section 2.9. Lost Receipts, etc 16 Section 2.10. Cancellation and Destruction of Surrendered Receipts; Maintenance of Records 16 Section 2.11. Payment Certificates 17 Section 2.12. Certificated/Uncertificated Direct Registration ADRs 17
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APPOINTMENT OF DEPOSITARY; FORM OF RECEIPTS. DEPOSIT OF WARRANTS; EXECUTION AND DELIVERY, TRANSFER AND SURRENDER OF ADWs
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Related to APPOINTMENT OF DEPOSITARY; FORM OF RECEIPTS

  • Appointment of Depositary The Company hereby appoints the Depositary as depositary for the Deposited Property and hereby authorizes and directs the Depositary to act in accordance with the terms and conditions set forth in the Deposit Agreement and the applicable ADRs. Each Holder and each Beneficial Owner, upon acceptance of any ADSs (or any interest therein) issued in accordance with the terms and conditions of the Deposit Agreement shall be deemed for all purposes to (a) be a party to and bound by the terms of the Deposit Agreement and the applicable ADR(s), and (b) appoint the Depositary its attorney-in-fact, with full power to delegate, to act on its behalf and to take any and all actions contemplated in the Deposit Agreement and the applicable ADR(s), to adopt any and all procedures necessary to comply with applicable law and to take such action as the Depositary in its sole discretion may deem necessary or appropriate to carry out the purposes of the Deposit Agreement and the applicable ADR(s), the taking of such actions to be the conclusive determinant of the necessity and appropriateness thereof.

  • Resignation and Removal of the Depositary; Appointment of Successor Depositary The Depositary may at any time resign as Depositary hereunder by delivering notice of its election to do so to the Company, such resignation to take effect upon the appointment of a successor Depositary and its acceptance of such appointment as hereinafter provided. The Depositary may at any time be removed by the Company by notice of such removal delivered to the Depositary, such removal to take effect upon the appointment of a successor Depositary and its acceptance of such appointment as hereinafter provided. In case at any time the Depositary acting hereunder shall resign or be removed, the Company shall, within 60 days after the delivery of the notice of resignation or removal, as the case may be, appoint a successor Depositary, which shall be a bank or trust company having its principal office in the United States of America and having a combined capital and surplus of at least $150,000,000. If no successor Depositary shall have been so appointed and have accepted appointment within 60 days after delivery of such notice, the resigning or removed Depositary may petition any court of competent jurisdiction for the appointment of a successor Depositary. Every successor Depositary shall execute and deliver to its predecessor and to the Company an instrument in writing accepting its appointment hereunder, and thereupon such successor Depositary, without any further act or deed, shall become fully vested with all the rights, powers, duties and obligations of its predecessor and for all purposes shall be the Depositary under this Deposit Agreement, and such predecessor, upon payment of all sums due it and on the written request of the Company, shall execute and deliver an instrument transferring to such successor all rights and powers of such predecessor hereunder, shall duly assign, transfer and deliver all right, title and interest in the Stock and any moneys or property held hereunder to such successor, and shall deliver to such successor a list of the record holders of all outstanding Receipts and such records, books and other information in its possession relating thereto. Any successor Depositary shall promptly mail notice of its appointment to the record holders of Receipts. Any corporation into or with which the Depositary may be merged, consolidated or converted shall be the successor of such Depositary without the execution or filing of any document or any further act, and notice thereof shall not be required hereunder. Such successor Depositary may authenticate the Receipts in the name of the predecessor Depositary or in the name of the successor Depositary.

  • Appointment of Custodian On behalf of each of its Portfolios, each Fund hereby employs and appoints the Custodian as a custodian, subject to the terms and provisions of this Agreement. Each Fund shall deliver to the Custodian, or shall cause to be delivered to the Custodian, cash, securities and other assets owned by each of its Portfolios from time to time during the term of this Agreement and shall specify to which of its Portfolios such cash, securities and other assets are to be specifically allocated.

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