Cancelation and Destruction of Surrendered Receipts. All Receipts surrendered to the Depositary shall be canceled by the Depositary. The Depositary is authorized to destroy Receipts so canceled.
Appears in 3 contracts
Samples: Deposit Agreement (Premier Parks Inc), Deposit Agreement (Tesoro Petroleum Corp /New/), Deposit Agreement (Tesoro Petroleum Corp /New/)
Cancelation and Destruction of Surrendered Receipts. All Receipts ------------------------------------------------------ receipts surrendered to the Depositary or any Depositary's Agent shall be canceled by the Depositary. The Except as prohibited by applicable law or regulation, the Depositary is authorized to destroy all Receipts so canceled.
Appears in 1 contract
Samples: Deposit Agreement (Chirex Inc)
Cancelation and Destruction of Surrendered Receipts. All Receipts surrendered to the Depositary or any Depositary's Agent shall be canceled by the Depositary. The Except as prohibited by applicable law or regulation, the Depositary is authorized to destroy all Receipts so canceled.
Appears in 1 contract