Common use of Cancellation and Destruction of Surrendered Receipts Clause in Contracts

Cancellation and Destruction of Surrendered Receipts. All Receipts surrendered to the Depositary shall be canceled by the Depositary and disposed of by it in accordance with its customary procedures.

Appears in 2 contracts

Samples: Deposit Agreement (Six Flags Inc), Deposit Agreement (Six Flags Inc)

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Cancellation and Destruction of Surrendered Receipts. All Receipts surrendered to the Depositary shall be canceled cancelled by the Depositary. The Depositary and disposed of by it in accordance with its customary proceduresmay destroy Receipts so cancelled.

Appears in 2 contracts

Samples: Deposit Agreement (Netia Holdings Sa/Adr), Deposit Agreement (Netia Holdings Sa)

Cancellation and Destruction of Surrendered Receipts. All Receipts surrendered to the Depositary shall be canceled cancelled by the Depositary. The Depositary and disposed of by it in accordance with its customary procedures.is

Appears in 1 contract

Samples: Deposit Agreement (Consorcio Ecuatoriano De Telecommunicaciones Sa Conecel)

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Cancellation and Destruction of Surrendered Receipts. All Receipts surrendered to the Depositary or any Depositary's Agent shall be canceled by the Depositary and disposed of Depositary. Except as prohibited by it in accordance with its customary proceduresapplicable law or regulation, the Trust is authorized to destroy all Receipts so canceled.

Appears in 1 contract

Samples: Deposit Agreement (Town & Country Trust)

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