Common use of Appointment of Depositary Clause in Contracts

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.

Appears in 202 contracts

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

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Appointment of Depositary. The Company hereby appoints the Depositary as depositary for the Deposited Property Securities 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.

Appears in 97 contracts

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

Appointment of Depositary. The Company hereby appoints the Depositary as exclusive depositary for the Deposited Property Securities and hereby authorizes and directs the Depositary to act in accordance with the terms and conditions set forth in the this Deposit Agreement and the applicable ADRsAgreement. 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 this Deposit Agreement Agreement, shall be deemed for all purposes to (a) be a party to and bound by the terms of the this 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 this 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 this Deposit Agreement and the applicable ADR(s), ) (the taking of such actions to be the conclusive determinant of the necessity and appropriateness thereof).

Appears in 87 contracts

Samples: Deposit Agreement (Wing Yip Food Holdings Group LTD), Deposit Agreement (Wing Yip Food Holdings Group LTD), Deposit Agreement (Jinxin Technology Holding Co)

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 as 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.

Appears in 64 contracts

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

Appointment of Depositary. The Company hereby appoints the Depositary as exclusive depositary for the Deposited Property Securities and hereby authorizes and directs the Depositary to act in accordance with the terms and conditions set forth in the this Deposit Agreement and the applicable ADRsAgreement. 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 this Deposit Agreement Agreement, shall be deemed for all purposes to (a) be a party to and bound by the terms of the this Deposit Agreement and the applicable ADR(s), ) and (b) appoint the Depositary its attorney-in-factattorney‑in‑fact, with full power to delegate, to act on its behalf and to take any and all actions contemplated in the this 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 this Deposit Agreement and the applicable ADR(s), ) (the taking of such actions to be the conclusive determinant of the necessity and appropriateness thereof).

Appears in 41 contracts

Samples: Deposit Agreement (Deutsche Bank Trust Co Americas/ ADR Group), Deposit Agreement (Deutsche Bank Trust Co Americas/ ADR Group), Deposit Agreement (Deutsche Bank Trust Co Americas/ ADR Group)

Appointment of Depositary. The Company hereby appoints the Depositary as depositary for the Deposited Property Securities 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 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.

Appears in 26 contracts

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

Appointment of Depositary. The Company hereby appoints the Depositary as depositary for the Deposited Property Securities and hereby authorizes and directs the Depositary to act in accordance with the terms and conditions set forth in the this 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 this Deposit Agreement shall be deemed for all purposes to (a) be a party to and bound by the terms of the this 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 this 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 this Deposit Agreement and the applicable ADR(s), the taking of such actions to be the conclusive determinant of the necessity and appropriateness thereof.

Appears in 25 contracts

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

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 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.

Appears in 13 contracts

Samples: Deposit Agreement (Vesta Real Estate Corporation, S.A.B. De C.V.), Deposit Agreement (Citibank,N.A./ADR), Deposit Agreement (Renalytix AI PLC)

Appointment of Depositary. The Company hereby appoints the Depositary as exclusive depositary for the Deposited Property Securities and hereby authorizes and directs the Depositary to act in accordance with the terms and conditions set forth in the this Deposit Agreement and the applicable ADRsAgreement. 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 this Deposit Agreement Agreement, shall be deemed for all purposes to (a) be a party to and bound by the terms of the this 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 this 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 this Deposit Agreement and the applicable ADR(s), ) (the taking of such actions to be the conclusive determinant of the necessity and appropriateness thereof). The Depositary, its Affiliates and their agents, on their own behalf, may own and deal in any class of securities of the Company and its Affiliates and in ADSs.

Appears in 10 contracts

Samples: Deposit Agreement, Deposit Agreement (Deutsche Bank Trust Co Americas/ ADR Group), Deposit Agreement (Jianpu Technology Inc.)

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 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 as 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.

Appears in 10 contracts

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

Appointment of Depositary. The Company hereby appoints the Depositary as exclusive depositary for the Deposited Property Securities and hereby authorizes and directs the Depositary to act in accordance with the terms and conditions set forth in the this Deposit Agreement and the applicable ADRsAgreement. 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 this Deposit Agreement Agreement, shall be deemed for all purposes to (a) be a party to and bound by the terms of the this 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 this Deposit Agreement and the applicable ADR(s)Agreement, 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 this Deposit Agreement and the applicable ADR(s), ) (the taking of such actions to be the conclusive determinant of the necessity and appropriateness thereof).

Appears in 8 contracts

Samples: Deposit Agreement (Deutsche Bank Trust Co Americas/ ADR Group), Deposit Agreement (Deutsche Bank Trust Co Americas/ ADR Group), Deposit Agreement (Deutsche Bank Trust Co Americas/ ADR Group)

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 discretion, acting reasonably, 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.

Appears in 4 contracts

Samples: Deposit Agreement (Arm Holdings PLC /Uk), Deposit Agreement (Citibank,N.A./ADR), Deposit Agreement (Arm Holdings LTD)

Appointment of Depositary. The Company hereby appoints the Depositary as depositary for the Deposited Property Securities and hereby authorizes and directs the Depositary to act in accordance with the terms and conditions set forth in the this 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 this Deposit Agreement Agreement, shall be deemed for all purposes to (a) be a party to and bound by the terms of the this Deposit Agreement and the applicable ADR(s)ADRs, 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 this Deposit Agreement and the applicable ADR(s)ADRs, 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 this Deposit Agreement and the applicable ADR(s), (the taking of such actions to be the conclusive determinant of the necessity and appropriateness thereof).

Appears in 4 contracts

Samples: Deposit Agreement (Citibank,N.A./ADR), Deposit Agreement (Rediff Communication LTD), Deposit Agreement (Rediff Com India LTD)

Appointment of Depositary. The Company hereby appoints the Depositary as depositary for the Deposited Property Securities 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 laws and regulations 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.

Appears in 4 contracts

Samples: Deposit Agreement (ROWAN COMPANIES LTD), Deposit Agreement (Sumitomo Mitsui Financial Group, Inc.), Deposit Agreement (Citibank,N.A./ADR)

Appointment of Depositary. The Company hereby appoints the Depositary as exclusive depositary for the Deposited Property Securities and hereby authorizes and directs the Depositary to act in accordance with the terms and conditions set forth in the this Deposit Agreement and the applicable ADRsReceipt. 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 this Deposit Agreement Agreement, shall be deemed for all purposes to (a) be a party to and bound by the terms of the this Deposit Agreement and the applicable ADR(s), Receipt 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 this Deposit Agreement and the applicable ADR(s)Receipt, 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 this Deposit Agreement and the applicable ADR(s), Receipt (the taking of such actions to be the conclusive determinant of the necessity and appropriateness thereof).

Appears in 3 contracts

Samples: Deposit Agreement (BCD Semiconductor Manufacturing LTD), Deposit Agreement (BCD Semiconductor Manufacturing LTD), Deposit Agreement (BCD Semiconductor Manufacturing LTD)

Appointment of Depositary. The Company hereby appoints the Depositary as depositary for the Deposited Property Securities 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 any 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 any applicable ADR(s), the taking of such actions to be the conclusive determinant of the necessity and appropriateness thereof.

Appears in 3 contracts

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

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 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 reasonable 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.

Appears in 3 contracts

Samples: Deposit Agreement (Loma Negra Compania Industrial Argentina Sociedad Anonima), Deposit Agreement (Citibank,N.A./ADR), Deposit Agreement (Loma Negra Compania Industrial Argentina Sociedad Anonima)

Appointment of Depositary. The Company hereby appoints the Depositary as depositary for the Deposited Property Securities and hereby authorizes and directs the Depositary to act in accordance with the terms and conditions set forth in the this 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 this Deposit Agreement Agreement, shall be deemed for all purposes to (a) be a party to and bound by the terms of the this 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 this 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 this Deposit Agreement and the applicable ADR(s), ) (the taking of such actions to be the conclusive determinant of the necessity and appropriateness thereof).

Appears in 2 contracts

Samples: Deposit Agreement (Citibank,N.A./ADR), Deposit Agreement (Energy Co of Minas Gerais)

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 any 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 any applicable ADR(s), and (b) appoint the Depositary as 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 any 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 any applicable ADR(s), the taking of any such actions to be the conclusive determinant of the necessity and appropriateness thereof.

Appears in 2 contracts

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

Appointment of Depositary. The Company hereby appoints the Depositary as exclusive depositary for the Deposited Property Securities and hereby authorizes and directs the Depositary to act in accordance with the terms and conditions set forth in the this Deposit Agreement and the applicable ADRsAgreement. 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 this Deposit Agreement Agreement, shall be deemed for all purposes to (a) be a party to and bound by the terms of the this Deposit Agreement and the applicable ADR(s), ) and (b) appoint the Depositary as its attorney-in-fact, with full power to delegate, to act on its behalf and to take any and all actions contemplated in the this 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 this Deposit Agreement and the applicable ADR(s), ) (the taking of such actions to be the conclusive determinant of the necessity and appropriateness thereof).

Appears in 2 contracts

Samples: Deposit Agreement (Unilever International Holdings N.V.), Deposit Agreement (Unilever International Holdings N.V.)

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 as 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.thereof 6

Appears in 2 contracts

Samples: Deposit Agreement (Trident Digital Tech Holdings Ltd.), Deposit Agreement (Trident Digital Tech Holdings Ltd.)

Appointment of Depositary. The Company hereby appoints the Depositary as depositary for the Deposited Property Securities and hereby authorizes and directs the Depositary to act in accordance with the terms and conditions set forth in the this Deposit Agreement and the applicable ADRsAgreement. Each Holder and each Beneficial Owner, upon acceptance of any ADSs ADS (or any interest therein) issued in accordance with the terms and conditions of the this Deposit Agreement and each holder and each beneficial owner of Original ADSs who continues to hold such securities from and after the date hereof, shall be deemed for all purposes to (a) be a party to and bound by the terms of the this 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 this Deposit Agreement and the applicable ADR(s(including, without limitation, Section 2.12 hereof), 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 this Deposit Agreement and the applicable ADR(s), the taking of such actions to be the conclusive determinant of the necessity and appropriateness thereof.

Appears in 2 contracts

Samples: Deposit Agreement (Taiwan Semiconductor Manufacturing Co LTD), Deposit Agreement (Taiwan Semiconductor Manufacturing Co LTD)

Appointment of Depositary. The Company hereby appoints the Depositary as depositary for the Deposited Property Securities 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-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.

Appears in 2 contracts

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

Appointment of Depositary. (a). 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 any 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 any applicable ADR(s), and (b) appoint the Depositary as 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 any 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 any applicable ADR(s), the taking of such actions to be the conclusive determinant of the necessity and appropriateness thereof.

Appears in 2 contracts

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

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-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.. 6 6620885v.5

Appears in 1 contract

Samples: Deposit Agreement (Marine Harvest ASA)

Appointment of Depositary. The Company hereby appoints the Depositary as depositary for the Deposited Property Securities and hereby authorizes and directs the Depositary to act in accordance with the terms and conditions set forth in the this 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 this Deposit Agreement Agreement, shall be deemed for all purposes to (a) be a party to and bound by the terms of the this Deposit Agreement and the applicable ADR(s), ) and (b) appoint the Depositary its attorney-in-fact, with full power to delegate, to to, act on its behalf and to take any and all actions contemplated in the this 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 this Deposit Agreement and the applicable ADR(s), ) (the taking of such actions to be the conclusive determinant of the necessity and appropriateness thereof).

Appears in 1 contract

Samples: Deposit Agreement (Energy Co of Minas Gerais)

Appointment of Depositary. The Company hereby appoints the Depositary as exclusive depositary for the Deposited Property Securities and hereby authorizes and directs the Depositary to act in accordance with the terms and conditions set forth in the this Deposit Agreement and the applicable ADRsAgreement. 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 this Deposit Agreement Agreement, shall be deemed for all purposes to (a) be a party to and bound by the terms of the this 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 this 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 this Deposit Agreement and the applicable ADR(s), ) (the taking of such actions to be the conclusive determinant of the necessity and appropriateness thereof.). ​

Appears in 1 contract

Samples: Deposit Agreement (Lotus Technology Inc.)

Appointment of Depositary. The Company hereby appoints the Depositary as depositary for the Deposited Property Securities and hereby authorizes and directs the Depositary to act in accordance with the terms and conditions set forth in the this 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 this Deposit Agreement shall be deemed for all purposes to (a) be a party to and bound by the terms of the this 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 this 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 this Deposit Agreement and the applicable ADR(s), the taking of such actions to be the conclusive determinant of the necessity and appropriateness thereof.

Appears in 1 contract

Samples: Deposit Agreement (Hutchison Telecommunications International LTD)

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Appointment of Depositary. The Company hereby appoints the Depositary as depositary for the Deposited Property Securities and hereby authorizes and directs the Depositary to act in accordance with the terms and conditions set forth in the this Deposit Agreement and the applicable ADRsAgreement. 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 this Deposit Agreement and each holder and each beneficial owner of International GDSs who continues to hold such securities from and after the date hereof, shall be deemed for all purposes to (a) be a party to and bound by the terms of the Deposit this 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 this Deposit Agreement and the applicable ADR(s(including, without limitation, Section 2.12 hereof), 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 this Deposit Agreement and the applicable ADR(s), (the taking of such actions to be the conclusive determinant of the necessity and appropriateness thereof).

Appears in 1 contract

Samples: Deposit Agreement (Advanced Semiconductor Engineering Inc)

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 ADRsGDRs. Each Holder and each Beneficial Owner, upon acceptance of any ADSs GDSs (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(sGDR(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(sGDR(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(sGDR(s), the taking of such actions to be the conclusive determinant of the necessity and appropriateness thereof.

Appears in 1 contract

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

Appointment of Depositary. The Company hereby appoints the Depositary as depositary for the Deposited Property Securities 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 ADRsGDRs. Each Holder and each Beneficial Owner, upon acceptance of any ADSs GDSs (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(sGDR(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(sGDR(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(sGDR(s), the taking of such actions to be the conclusive determinant of the necessity and appropriateness thereof.

Appears in 1 contract

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

Appointment of Depositary. The Company hereby appoints the Depositary as depositary for the Deposited Property Securities and hereby authorizes and directs the Depositary to act in accordance with the terms and conditions set forth in the this 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 this Deposit Agreement Agreement, shall be deemed for all purposes to (a) be a party to and bound by the terms of the this 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 this 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 this Deposit Agreement and the applicable ADR(s), the taking of such actions to be the conclusive determinant of the necessity and appropriateness thereof.

Appears in 1 contract

Samples: Deposit Agreement (Gemplus International Sa)

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-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.the

Appears in 1 contract

Samples: Deposit Agreement (Verona Pharma PLC)

Appointment of Depositary. The Company hereby appoints the Depositary as exclusive depositary for the Deposited Property Securities and hereby authorizes and directs the Depositary to act in accordance with the terms and conditions set forth in the this Deposit Agreement and the applicable ADRsAgreement. Each Holder Owner and each Beneficial Owner, upon acceptance of any ADSs (or any interest therein) issued in accordance with the terms and conditions of the this Deposit Agreement Agreement, shall be deemed for all purposes to (a) be a party to and bound by the terms of the this Deposit Agreement and the applicable ADR(s), ) and (b) appoint the Depositary its attorney-in-factattorney‑in‑fact, with full power to delegate, to act on its behalf and to take any and all actions contemplated in the this 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 this Deposit Agreement and the applicable ADR(s), ) (the taking of such actions to be the conclusive determinant of the necessity and appropriateness thereof).

Appears in 1 contract

Samples: Deposit Agreement (Deutsche Bank Trust Co Americas/ ADR Group)

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 reasonably 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.

Appears in 1 contract

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

Appointment of Depositary. The Company hereby appoints the Depositary as exclusive depositary for the Deposited Property Securities and hereby authorizes and directs the Depositary to act in accordance with the terms and conditions set forth in the this Deposit Agreement and the applicable ADRsAgreement. 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 this Deposit Agreement Agreement, shall be deemed for all purposes to (a) be a party to and bound by the terms and conditions of the this 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 this Deposit Agreement and the applicable ADR(s)Agreement, 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 this Deposit Agreement and the applicable ADR(s), ) (the taking of such actions to be the conclusive determinant of the necessity and appropriateness thereof).

Appears in 1 contract

Samples: Deposit Agreement (Votorantim Cimentos S.A.)

Appointment of Depositary. The Company and by virtue of holding an ADS or an interest therein, Holders, each hereby appoints appoint the Depositary as exclusive depositary for the Deposited Property Securities and each hereby authorizes and directs the Depositary to act in accordance with the terms and conditions set forth in the this Deposit Agreement and the applicable ADRsAgreement. Each Holder and each Beneficial Owner, upon acceptance of any ADSs ADS (or any interest therein) issued in accordance with the terms and conditions of the this Deposit Agreement Agreement, shall be deemed for all purposes to (a) be a party to and bound by the terms of the this 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 this Deposit Agreement and the applicable ADR(s)Agreement, 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 this Deposit Agreement and the applicable ADR(s), (the taking of such actions to be the conclusive determinant of the necessity and appropriateness thereof).

Appears in 1 contract

Samples: Deposit Agreement (Deutsche Bank Trust Co Americas/ ADR Group)

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 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 reasonably 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.

Appears in 1 contract

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

Appointment of Depositary. The Company hereby appoints the Depositary as exclusive depositary for the Deposited Property Securities and hereby authorizes and directs the Depositary to act in accordance with the terms and conditions set forth in the this Deposit Agreement and the applicable ADRsAgreement. 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 this Deposit Agreement Agreement, shall be deemed for all purposes to (a) be a party to and bound by the terms of the this Deposit Agreement and the applicable ADR(s), ; and (b) appoint the Depositary as its attorney-in-fact, with full power to delegate, to act on its behalf and to take any and all actions contemplated in the this Deposit Agreement and the applicable ADR(s)Agreement, 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 this Deposit Agreement and the applicable ADR(s), ) (the taking of such actions to be the conclusive determinant of the necessity and appropriateness thereof).

Appears in 1 contract

Samples: Deposit Agreement (Deutsche Bank Trust Co Americas/ ADR Group)

Appointment of Depositary. The Company hereby appoints the Depositary as exclusive depositary for the Deposited Property Securities and hereby authorizes and directs the Depositary to act in accordance with the terms and conditions set forth in the this Deposit Agreement and the applicable ADRsAgreement. 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 this Deposit Agreement or by continuing to hold, from and after the date hereof any ADSs under the Original Deposit Agreement, shall be deemed for all purposes to (a) be a party to and bound by the terms of the this Deposit Agreement and the applicable ADR(s), ) and (b) appoint the Depositary its attorney-in-factattorney‑in‑fact, with full power to delegate, to act on its behalf and to take any and all actions contemplated in the this 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 this Deposit Agreement and the applicable ADR(s), ) (the taking of such actions to be the conclusive determinant of the necessity and appropriateness thereof).

Appears in 1 contract

Samples: Deposit Agreement (Deutsche Bank Trust Co Americas/ ADR Group)

Appointment of Depositary. The Company hereby appoints confirms the prior appointment of the Depositary as depositary for the Deposited Property Securities and hereby authorizes and directs the Depositary to act in accordance with the terms and conditions set forth in the this 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 this Deposit Agreement shall be deemed for all purposes to (a) be a party to and bound by the terms of the this 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 this Deposit Agreement and the applicable ADR(s), to adopt any and all procedures necessary to comply with applicable law laws and to take such action as the Depositary in its sole discretion may deem necessary or appropriate to carry out the purposes of the this Deposit Agreement and the applicable ADR(s), the taking of such actions to be the conclusive determinant of the necessity and appropriateness thereof.

Appears in 1 contract

Samples: Deposit Agreement (Hutchison Telecommunications International LTD)

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-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.. Section 2.2 Form and Transferability of ADSs. (a)

Appears in 1 contract

Samples: Deposit Agreement (PureTech Health PLC)

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 any 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 any applicable ADR(s), and (b) appoint the Depositary as 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 any 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 any applicable ADR(s), the taking of such actions to be the conclusive determinant of the necessity and appropriateness thereof.

Appears in 1 contract

Samples: Deposit Agreement (Nanobiotix S.A.)

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 this 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 this Deposit Agreement Agreement, shall be deemed for all purposes to (a) be a party to and bound by the terms of the this 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 this 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 this Deposit Agreement and the applicable ADR(s), the taking of such actions to be the conclusive determinant of the necessity and appropriateness thereof.

Appears in 1 contract

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

Appointment of Depositary. The Company hereby appoints the Depositary as depositary for the Deposited Property Securities and hereby authorizes and directs the Depositary to act in accordance with the terms and conditions set forth in the this Deposit Agreement and the applicable ADRsAgreement. 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 this Deposit Agreement and each holder and each beneficial owner of Old Receipts who continues to hold such securities from and after the date hereof, shall be deemed for all purposes to (a) be a party to and bound by the terms of the this 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 this Deposit Agreement (including, without limitation, Sections 2.12 and the applicable ADR(s2.13 hereof), 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 this Deposit Agreement and the applicable ADR(s), (the taking of such actions to be the conclusive determinant of the necessity and appropriateness thereof).

Appears in 1 contract

Samples: Deposit Agreement (JPMorgan Chase Bank, N.A. - ADR Depositary)

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 Agreement, shall be deemed for all purposes to (a) be a party to and bound by the terms of the this 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 this 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 this Deposit Agreement and the applicable ADR(s), the taking of such actions to be the conclusive determinant of the necessity and appropriateness thereof.

Appears in 1 contract

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

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