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 cancelled by the Depositary. Cancelled Receipts shall not be entitled to any benefits under this Agreement or be valid or obligatory for any purpose. The Depositary is authorized to destroy surrendered Receipts so cancelled. The Depositary agrees to maintain records of all Receipts cancelled or issued under this Section in accordance with procedures customarily followed by stock transfer agents located in New York City.

Appears in 4 contracts

Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Alcatel Lucent)

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Cancellation and Destruction of Surrendered Receipts. All Receipts physically surrendered to the Depositary shall be cancelled by the Depositary. Cancelled Receipts shall not be entitled to any benefits under this Agreement or be valid or obligatory for any purpose. The Depositary is authorized to destroy physically surrendered Receipts so cancelled. The Depositary agrees to maintain records of all Receipts cancelled or issued under this Section in accordance with procedures customarily followed by stock transfer agents located in New York City.

Appears in 3 contracts

Samples: Deposit Agreement (Alcatel), Deposit Agreement (Alcatel), Deposit Agreement (Alcatel)

Cancellation and Destruction of Surrendered Receipts. All Receipts surrendered to the Depositary shall be cancelled by the Depositary. Cancelled Receipts shall not be entitled to any benefits under this Agreement or be valid or obligatory for any purpose. The Depositary is authorized to destroy surrendered Receipts so cancelled. The Depositary agrees to maintain records of all Receipts cancelled or issued under this Section in accordance with procedures customarily ordinarily followed by stock transfer agents located in The City of New York Cityor as required by the laws or regulations governing the Depositary.

Appears in 3 contracts

Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Mexican Economic Development Inc), Deposit Agreement (Mexican Economic Development Inc)

Cancellation and Destruction of Surrendered Receipts. All Receipts surrendered to the Depositary shall be cancelled by the Depositary. Cancelled Receipts shall not be entitled to any benefits under this Agreement or be valid or obligatory for any purpose. The Depositary is authorized to destroy surrendered Receipts so cancelled. The Depositary agrees to maintain records of all Receipts cancelled or issued under this Section in accordance with procedures customarily ordinarily followed by stock transfer agents located in the City of New York Cityor as required by the laws and regulations governing the Depositary.

Appears in 2 contracts

Samples: Deposit Agreement (Allied Irish Banks PLC), Deposit Agreement (Allied Irish Banks PLC)

Cancellation and Destruction of Surrendered Receipts. All Receipts surrendered to the Depositary shall be cancelled canceled by the Depositary. Cancelled Receipts shall not be entitled to any benefits under this Agreement or be valid or obligatory for any purpose. The Depositary is authorized to destroy surrendered Receipts so cancelledcanceled. The Depositary agrees to maintain records of all Receipts surrendered and Deposited Securities withdrawn under Section 2.05, of substitute Receipts delivered under Section 2.07, and of cancelled or issued destroyed Receipts under this Section Section, in accordance keeping with procedures customarily ordinarily followed by stock transfer agents located in The City of New York CityYork.

Appears in 2 contracts

Samples: Deposit Agreement (Chuo Mitsui Trust Holdings, Inc.), Deposit Agreement (Bank of New York / Adr Division)

Cancellation and Destruction of Surrendered Receipts. All Receipts surrendered to the Depositary shall be cancelled by the Depositary. Cancelled Receipts shall not be entitled to any benefits under this Agreement or be valid or obligatory for any purpose. The Depositary is authorized to destroy surrendered Receipts so cancelled. The Depositary agrees to maintain records of all Receipts surrendered and Deposited Securities withdrawn under Section 2.05, substitute Receipts delivered under Section 2.07, and Receipts cancelled or issued destroyed under this Section Section, in accordance keeping with procedures customarily ordinarily followed by stock transfer agents located in New York City.

Appears in 2 contracts

Samples: Deposit Agreement (Royal Bank of Scotland Group PLC), Deposit Agreement (Royal Bank of Scotland Group PLC)

Cancellation and Destruction of Surrendered Receipts. All Receipts surrendered to the Depositary shall be cancelled by the Depositary. Cancelled Receipts shall not be entitled to any benefits under this Agreement or be valid or obligatory for any purpose. The Depositary is authorized to destroy surrendered Receipts so cancelled. The Depositary agrees to maintain records of all Receipts surrendered and Deposited Securities withdrawn under Section 2.05, of substitute Receipts delivered under Section 2.07, and of cancelled or issued under destroyed Receipts Under this Section Section, in accordance keeping with procedures customarily ordinarily followed by stock transfer agents located in The City of New York CityYork.

Appears in 2 contracts

Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Newcrest Mining LTD /Fi)

Cancellation and Destruction of Surrendered Receipts. All Receipts surrendered to the Depositary shall be cancelled by the Depositary. Cancelled Receipts shall not be entitled to any benefits under this Agreement or be valid or obligatory for any purpose. The Depositary is authorized to destroy surrendered Receipts so cancelled. The Depositary agrees to maintain records of all Receipts cancelled or issued under this Section in accordance keeping with procedures customarily ordinarily followed by stock transfer agents located in the City of New York CityYork.

Appears in 1 contract

Samples: Deposit Agreement (Sodexho Alliance Sa)

Cancellation and Destruction of Surrendered Receipts. All Receipts surrendered to the Depositary shall be cancelled by the Depositary. Cancelled Receipts shall not be entitled to any benefits under this Agreement or be valid or obligatory for any purpose. The Depositary is authorized to destroy surrendered Receipts so cancelled. The Depositary agrees to maintain records of all Receipts surrendered and Deposited Securities withdrawn under Section 2.5, of substitute Receipts delivered under Section 2.7, and of cancelled or issued destroyed Receipts under this Section Section, in accordance keeping with procedures customarily ordinarily followed by stock transfer agents located in the City of New York CityYork.

Appears in 1 contract

Samples: Deposit Agreement (Bank of New York / Adr Division)

Cancellation and Destruction of Surrendered Receipts. All Receipts surrendered to the Depositary shall be cancelled by the Depositary. Cancelled Receipts shall not be entitled to any benefits under this Agreement or be valid or obligatory for any purpose. The Depositary is authorized to destroy surrendered Receipts so cancelled. The Depositary agrees to maintain records of all Receipts surrendered and Deposited Securities withdrawn under Section 2.5, of substitute Receipts delivered under Section 2.7, and of cancelled or issued destroyed Receipts under this Section Section, in accordance keeping with procedures customarily ordinarily followed by stock transfer agents located in The City of New York CityYork.

Appears in 1 contract

Samples: Deposit Agreement (Bank of New York / Adr Division)

Cancellation and Destruction of Surrendered Receipts. All Receipts physically surrendered to the Depositary shall be cancelled by the Depositary. Cancelled Receipts receipts shall not be entitled to any benefits under this Agreement or be valid or obligatory for any purpose. The Depositary is authorized to destroy physically surrendered Receipts so cancelled. The Depositary agrees to maintain records of all Receipts cancelled or issued under this Section Section, in accordance with procedures customarily followed by stock transfer agents located in New York City.

Appears in 1 contract

Samples: Deposit Agreement (Aventis)

Cancellation and Destruction of Surrendered Receipts. All Receipts surrendered to the Depositary shall be cancelled by the Depositary. Cancelled Receipts shall not be entitled to any benefits under this Agreement or be valid or obligatory for any purpose. The Depositary is authorized to destroy surrendered Receipts so cancelled. The Depositary agrees to maintain records of all Receipts cancelled or issued under this Section in accordance with procedures customarily ordinarily followed by stock transfer agents located in the City of New York Cityor as required by the laws or regulations governing the Depositary .

Appears in 1 contract

Samples: Deposit Agreement (Bank of New York / Adr Division)

Cancellation and Destruction of Surrendered Receipts. All Receipts surrendered to the Depositary shall be cancelled canceled by the Depositary. Cancelled Receipts shall not be entitled to any benefits under this Agreement or be valid or obligatory for any purposepurposes. The Depositary is authorized to destroy surrendered Receipts so cancelledcanceled. The Depositary agrees to maintain records of all Receipts cancelled canceled or issued under this Section Section, in accordance with procedures customarily followed by stock transfer agents located in New York City.

Appears in 1 contract

Samples: Deposit Agreement (Arcelor)

Cancellation and Destruction of Surrendered Receipts. All Receipts surrendered to the Depositary shall be cancelled by the Depositary. Cancelled Receipts shall not be entitled to any benefits under this Agreement or be valid or obligatory for any purpose. The Depositary is authorized to destroy surrendered Receipts Re­ceipts so cancelled. The Depositary agrees to maintain records of all receipts surrendered and Deposited Securities withdrawn under Section 2.05, substitute Receipts delivered under Section 2.07, and of cancelled or issued destroyed Receipts under this Section Section, in accordance keeping with procedures customarily ordinarily followed by stock transfer agents located in New York City.

Appears in 1 contract

Samples: Deposit Agreement (Svenska Cellulosa Aktiebolagot Sca /Fi)

Cancellation and Destruction of Surrendered Receipts. All Receipts surrendered to the Depositary shall be cancelled by the Depositary. Cancelled Receipts shall not be entitled to any benefits under this Deposit Agreement or be valid or obligatory for any purpose. The Depositary is authorized to destroy surrendered Receipts so cancelled. The Depositary agrees to maintain records of all Receipts cancelled or issued under this Section in accordance keeping with procedures customarily ordinarily followed by stock transfer agents located in The City of New York CityYork.

Appears in 1 contract

Samples: Deposit Agreement (Shin Corp Public Co LTD /Fi)

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Cancellation and Destruction of Surrendered Receipts. All Receipts surrendered to the Depositary shall be cancelled by the Depositary. Cancelled Receipts shall not be entitled to any benefits under this Agreement or be valid or obligatory for any purpose. The Depositary is authorized to destroy surrendered Receipts so cancelled. The Depositary agrees to maintain records of all Receipts surrendered and Deposited Securities withdrawn under Section 2.05, of substitute Receipts delivered under Section 2.07, and of cancelled or issued destroyed Receipts under this Section Section, in accordance with procedures customarily ordinarily followed by stock transfer agents located in The City of New York Cityor as required by law or regulations governing the Depositary.

Appears in 1 contract

Samples: Deposit Agreement (Bank of New York / Adr Division)

Cancellation and Destruction of Surrendered Receipts. All Receipts surrendered to the Depositary shall be cancelled by the Depositary. Cancelled Receipts shall not be entitled to any benefits under this Agreement or be valid or obligatory for any purpose. The Depositary is authorized to destroy surrendered Receipts so cancelled. The Depositary agrees to maintain or cause its agents to maintain records of all Receipts surrendered and Deposited Securities withdrawn under Section 2.5, substitute Receipts delivered under Section 2.7, and of cancelled or issued destroyed Receipts under this Section 2.8, in accordance keeping with procedures customarily ordinarily followed by stock transfer agents located in the City of New York Cityor as required by the laws or regulations governing the Depositary.

Appears in 1 contract

Samples: Deposit Agreement (It Holding S P a /Fi)

Cancellation and Destruction of Surrendered Receipts. All Receipts surrendered to the Depositary shall be cancelled by the Depositary. Cancelled Receipts shall not be entitled to any benefits under this Agreement or be valid or obligatory for any purpose. The Depositary is authorized to destroy surrendered Receipts so cancelledcancelled in accordance with its customary practices. The Depositary agrees to maintain records of all Receipts surrendered and Deposited Securities withdrawn under Section 2.5, of substitute Receipts delivered under Section 2.7 and of cancelled or issued destroyed Receipts under this Section Section, in accordance keeping with procedures customarily ordinarily followed by stock transfer agents located in The City of New York CityYork.

Appears in 1 contract

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

Cancellation and Destruction of Surrendered Receipts. All Receipts surrendered to the Depositary shall be cancelled by the Depositary. Cancelled Receipts shall not be entitled to any benefits under this Agreement or be valid or obligatory for any purpose. The Depositary is authorized to destroy surrendered Receipts so cancelled. The Depositary agrees to maintain records of all Receipts cancelled or issued under this Section in accordance with procedures customarily ordinarily followed by stock transfer agents located in the City of New York Cityor as required by the laws or regulations governing the Despositary.

Appears in 1 contract

Samples: Deposit Agreement (Bank of New York / Adr Division)

Cancellation and Destruction of Surrendered Receipts. All Receipts physically surrendered to the Depositary shall be cancelled by the Depositary. Cancelled Receipts receipts shall not be entitled to any benefits under this Agreement or be valid or obligatory for any purpose. The Depositary is authorized to destroy physically surrendered Receipts so cancelled. The Depositary agrees to maintain records of all Receipts cancelled or issued destroyed under this Section 2.08, in accordance with procedures customarily followed by stock transfer agents located in New York City.

Appears in 1 contract

Samples: Deposit Agreement (Groupe Danone)

Cancellation and Destruction of Surrendered Receipts. All Receipts surrendered to the Depositary shall be cancelled by the Depositary. Cancelled Receipts shall not be entitled to any benefits under this Agreement or be valid or obligatory for any purpose. The Depositary is authorized to destroy surrendered Receipts so cancelled. The Depositary agrees to maintain records of all Receipts surrendered and Deposited Securities withdrawn under Section 2.5, substitute Receipts delivered under Section 2.7, and of cancelled or issued destroyed Receipts under this Section Section, in accordance keeping with procedures customarily ordinarily followed by stock transfer agents located in The City of New York CityYork.

Appears in 1 contract

Samples: Deposit Agreement (Amer Sports Corp /Fi)

Cancellation and Destruction of Surrendered Receipts. All Receipts surrendered to the Depositary shall be cancelled by the Depositary. Cancelled Receipts shall not be entitled to any benefits under this Agreement or be valid or obligatory for any purpose. The Depositary is authorized to destroy surrendered Receipts Re­ceipts so cancelled. The Depositary agrees to maintain records of all receipts surrendered and Deposited Securities withdrawn under Section 2.5, substitute Receipts delivered under Section 2.7, and of cancelled or issued destroyed Receipts under this Section Section, in accordance keeping with procedures customarily ordinarily followed by stock transfer agents located in New York City.

Appears in 1 contract

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

Cancellation and Destruction of Surrendered Receipts. All Receipts surrendered to the Depositary shall be cancelled by the Depositary. Cancelled Receipts shall not be entitled to any benefits under this Agreement or be valid or obligatory for any purpose. The Depositary is authorized to destroy surrendered Receipts so cancelled. The , provided the Depositary agrees to maintain records maintains a record of all Receipts cancelled or issued destroyed Receipts under this Section 2.8, in accordance keeping with procedures customarily ordinarily followed by stock transfer agents located in the City of New York Cityor as required by the laws or regulations governing the Depositary.

Appears in 1 contract

Samples: Deposit Agreement (Bank of New York / Adr Division)

Cancellation and Destruction of Surrendered Receipts. All Receipts surrendered to the Depositary shall be cancelled by the Depositary. Cancelled Receipts shall not be entitled to any benefits under this Agreement or be valid or obligatory for any purpose. The Depositary is authorized to shall destroy surrendered Receipts so cancelled. The Depositary agrees to maintain records of all Receipts cancelled or issued under this Section in accordance with procedures customarily followed by customary practices of stock transfer agents located in The City of New York CityYork.

Appears in 1 contract

Samples: Deposit Agreement (Erste Bank Der Oesterriechischen /Fi)

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