Common use of Change of Ratio Clause in Contracts

Change of Ratio. All other references to the ADS-to-Share ratio made in the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs outstanding, as of the Effective Date, under the terms of the Deposit Agreement shall, as of the Effective Date, refer to the ADS-to-Share ratio of “one (1) ADS to twenty (20) Shares.”

Appears in 6 contracts

Samples: Deposit Agreement (9F Inc.), Deposit Agreement (Citibank,N.A./ADR), Deposit Agreement (Citibank,N.A./ADR)

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Change of Ratio. All other references to the ADS-to-Share ratio made in the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs outstanding, as of the Effective Date, under the terms of the Deposit Agreement shall, as of the Effective Date, refer to the ADS-to-Share ratio of “one (1) ADS to twenty ten (2010) Shares.”

Appears in 6 contracts

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

Change of Ratio. All other references to the ADSShares-to-Share ADS ratio made in the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs outstanding, as of the Effective DateJune 30, 2015, under the terms of the Deposit Agreement shall, as of the Effective Date, refer to the ADSShare-to-Share ADS ratio of “one (1) ADS Share to twenty one (201) SharesADS.”

Appears in 3 contracts

Samples: Amended and Restated Deposit Agreement (Citibank,N.A./ADR), Amended and Restated Deposit Agreement (Citibank,N.A./ADR), Amendment No. 1 to Amended and Restated Deposit Agreement (Citibank,N.A./ADR)

Change of Ratio. All other references to the ADS-to-Share ratio made in the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs outstanding, as of the Effective Date, under the terms of the Deposit Agreement shall, as of the Effective Date, refer to the ADS-to-Share ratio of “one (1) ADS to twenty five (205) Shares.”

Appears in 3 contracts

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

Change of Ratio. All other references to the ADS-to-Share ratio made in the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs outstanding, as of the Effective Date, under the terms of the Deposit Agreement shall, as of the Effective Date, refer to the ADS-to-Share ratio of “one (1) ADS to twenty fifteen (2015) Shares.”

Appears in 3 contracts

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

Change of Ratio. All other references to the ADS-to-Share ratio made in the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs outstanding, as of the Effective Date, issued and outstanding under the terms of the Deposit Agreement shall, as of the Effective Date, refer to the ADS-to-Share ratio of “one (1) ADS to twenty one (201) SharesShare”.

Appears in 3 contracts

Samples: Amendment No. 1 to Amended and Restated Deposit Agreement (British American Tobacco p.l.c.), Amendment No. 1 to Amended and Restated Deposit Agreement (Citibank,N.A./ADR), Deposit Agreement (Citibank,N.A./ADR)

Change of Ratio. All other references to the ADSADS(s)-to-to-Share Share(s) ratio made in the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs outstanding, as of the Effective Date, under the terms of the Deposit Agreement shall, as of the Effective Date, refer to the ADSADS(s)-to-to-Share Share(s) ratio of “one (1) ADS to twenty three (203) Shares.”

Appears in 3 contracts

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

Change of Ratio. All other references to the ADS-to-Share ratio made in the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs outstanding, as of the Effective Date, under the terms of the Deposit Agreement shall, as of the Effective Date, refer to the ADS-to-Share ratio of “one (1) ADS to twenty ninety (2090) Shares.”

Appears in 2 contracts

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

Change of Ratio. All other references to the ADSADS(s)-to-to-Share Share(s) ratio made in the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs outstanding, as of the Effective Date, under the terms of the Deposit Agreement shall, as of the Effective Date, refer to the ADSADS(s)-to-to-Share Share(s) ratio of “one (1) ADS to twenty five hundred (20500) Shares.”

Appears in 2 contracts

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

Change of Ratio. All other references to the ADS-to-Share ratio made in the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs outstanding, as of the Effective Date, under the terms of the Deposit Agreement shall, as of the Effective Date, refer to the ADS-to-Share ratio of “one (1) ADS to twenty one (201) SharesShare.”

Appears in 2 contracts

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

Change of Ratio. All other references to the ADS-to-Share ratio made in the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs outstanding, as of the Effective DateJuly 27, 2015, under the terms of the Deposit Agreement shall, as of the Effective Date, refer to the ADS-to-Share ratio of “one (1) ADS to twenty one-half (201/2) Sharesof a Share.”

Appears in 2 contracts

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

Change of Ratio. All other references to the ADS-to-Share ratio made in the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs outstanding, as of the Effective Date, under the terms of the Deposit Agreement shall, as of the Effective Date, refer to the ADS-to-Share ratio of “one (1) ADS to twenty twenty-five (2025) Shares.”

Appears in 2 contracts

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

Change of Ratio. All other references to the ADS-to-Share ratio made in the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs outstanding, as of the Effective Date, under the terms of the Deposit Agreement shall, as of the Effective Date, refer to the ADS-to-Share ratio of “one One (1) ADS to twenty (20) Shares.”

Appears in 2 contracts

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

Change of Ratio. All other references to the ADSADS(s)-to-to-Share Share(s) ratio made in the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs outstanding, as of the Effective Date, under the terms of the Deposit Agreement shall, as of the Effective Date, refer to the ADSADS(s)-to-to-Share Share(s) ratio of “one (1) ADS to twenty three hundred sixty (20360) Shares.”

Appears in 2 contracts

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

Change of Ratio. All other references to the ADS-to-Share ratio made in the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs outstanding, as of the Effective Date, under the terms of the Deposit Agreement shall, as of the Effective Date, refer to the ADS-to-Share ratio of “one (1) ADS to twenty one hundred eighty (20180) Shares.”

Appears in 2 contracts

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

Change of Ratio. All other references to the ADS-to-Share ratio made in the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs outstanding, as of the Effective Date, under the terms of the Deposit Agreement shall, as of the Effective Date, refer to the ADS-to-Share ratio of “one (1) ADS to twenty forty-five (2045) Shares.”

Appears in 1 contract

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

Change of Ratio. All other references to the ADS-to-Share ratio made in the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs outstanding, as of the Effective Date, under the terms of the Deposit Agreement shall, as of the Effective Date, refer to the ADS-to-Share ratio of “one (1) ADS to twenty ADS-to-one-fifth (201/5) Sharesof one Share”.

Appears in 1 contract

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

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Change of Ratio. All other references to the ADS-to-Share ratio made in the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs outstanding, as of the Effective Date, under the terms of the Deposit Agreement shall, as of the Effective Date, refer to the ADS-to-Share ratio of “one (1) ADS to twenty one hundred (20100) Shares.”

Appears in 1 contract

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

Change of Ratio. All other references to the ADSShares-to-Share ADS ratio made in the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs outstanding, as of the Effective Date[date], under the terms of the Deposit Agreement shall, as of the Effective Date, refer to the ADSADS(s)-to-to-Share Share(s) ratio of “one (1) ADS to twenty (20) Shares.”

Appears in 1 contract

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

Change of Ratio. All other references to the ADSShares-to-Share ADS ratio made in the form of ADR attached as Exhibit A to the Class A Deposit Agreement and in each of the ADRs outstanding, as of the Effective DateMay 22, 2015, under the terms of the Class A Deposit Agreement shall, as of the Effective Date, refer to the ADSShare-to-Share ADS ratio of “one (1) ADS Share to twenty one (201) SharesADS.”

Appears in 1 contract

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

Change of Ratio. All other references to the ADS-to-Share ratio made in the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs outstanding, as of the Effective Date, under the terms of the Deposit Agreement shall, as of the Effective Date, refer to the ADS-to-Share ratio of “one One (1) ADS to twenty three (203) Shares.”

Appears in 1 contract

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

Change of Ratio. All other references to the ADSADS(s)-to-to-Share Share(s) ratio made in the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs outstanding, as of the Effective Date, under the terms of the Deposit Agreement shall, as of the Effective Date, refer to the ADSADS(s)-to-to-Share Share(s) ratio of “one (1) ADS to twenty five (205) Shares.”

Appears in 1 contract

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

Change of Ratio. All other references to the ADSShares-to-Share ADS ratio made in the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs outstanding, as of the Effective Date, under the terms of the Deposit Agreement shall, as of the Effective Date, refer to the ADSADS(s)-to-to-Share Share(s) ratio of “one (1) ADS to twenty ten (2010) Shares.”

Appears in 1 contract

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

Change of Ratio. All other references to the ADSADS(s)-to-to-Share Share(s) ratio made in the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs outstanding, as of the Effective Date, under the terms of the Deposit Agreement shall, as of the Effective Date, refer to the ADSADS(s)-to-to-Share Share(s) ratio of “one (1) ADS to twenty one hundred and fifty (20150) Shares.”

Appears in 1 contract

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

Change of Ratio. All other references to the ADS-to-Share ratio made in the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs outstanding, as of the Effective Date, under the terms of the Deposit Agreement shall, as of the Effective Date, refer to the ADS-to-Share ratio of “one (1) ADS to one hundred and twenty (20120) Shares.”

Appears in 1 contract

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

Change of Ratio. All other references to the ADS-to-Share ratio made in the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs outstanding, as of the Effective Date, under the terms of the Deposit Agreement shall, as of the Effective Date, refer to the ADS-to-Share ratio of “one One (1) ADS to twenty six (206) Shares.”

Appears in 1 contract

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

Change of Ratio. All other references to the ADSADS(s)-to-to-Share Share(s) ratio made in the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs outstanding, as of the Effective Date, under the terms of the Deposit Agreement shall, as of the Effective Date, refer to the ADSADS(s)-to-to-Share Share(s) ratio of “one (1) ADS to twenty seventy-two (2072) Shares.”

Appears in 1 contract

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

Change of Ratio. All other references to the ADS-to-Share ratio made in the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs outstanding, as of the Effective Date, under the terms of the Deposit Agreement shall, as of the Effective Date, refer to the ADS-to-Share ratio of “one One (1) ADS to twenty two hundred (20200) Shares.”

Appears in 1 contract

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

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