Common use of Co-Transfer Agents Clause in Contracts

Co-Transfer Agents. The Depositary may appoint from among the co-transfer agents pre-approved by the Company and named in the schedule attached as Exhibit C hereto, one or more co-transfer agents for the purpose of effecting transfers, combinations and split-ups of ADRs at designated transfer offices on behalf of the Depositary. In carrying out its functions, a co-transfer agent may require evidence of authority and compliance with applicable laws and other requirements by Holders or persons entitled to such ADRs and will be entitled to protection and indemnity to the same extent as the Depositary. Such co-transfer agents may be removed and substitutes appointed by the Depositary from among the co-transfer agents pre-approved by the Company and named in the Schedule attached as Exhibit C hereto. Each co-transfer agent appointed under this Section 2.6 (other than the Depositary) shall give notice in writing to the Depositary and the Company accepting such appointment and agreeing to be bound by the applicable terms of this Deposit Agreement.

Appears in 4 contracts

Samples: Deposit Agreement (Nestle Sa), Deposit Agreement (Nestle Sa), Deposit Agreement (Nestle Sa)

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Co-Transfer Agents. The Depositary may appoint from among the co-transfer agents pre-approved by the Company and named in the schedule attached as Exhibit C hereto, one or more co-transfer agents for the purpose of effecting transfers, combinations and split-ups of ADRs at designated transfer offices on behalf of the Depositary, and the Depositary shall notify the Company in writing upon any such appointment. In carrying out its functions, a co-transfer agent may require evidence of authority and compliance with applicable laws and other requirements by Holders or persons entitled to such ADRs and will be entitled to protection and indemnity to the same extent as the DepositaryDepositary is provided such protection and indemnity herein. Such co-transfer agents may be removed and substitutes appointed by the Depositary, and the Depositary from among the co-transfer agents pre-approved by shall notify the Company and named in the Schedule attached as Exhibit C heretowriting upon any such removal or substitution. Each co-transfer agent appointed under this Section 2.6 (other than the Depositary) shall give notice in writing to the Depositary and the Company accepting such appointment and agreeing to be bound by the applicable terms of this the Deposit Agreement.

Appears in 2 contracts

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

Co-Transfer Agents. The Depositary may appoint from among the co-transfer agents pre-approved by the Company and named in the schedule attached as Exhibit C hereto, one or more co-transfer agents for the purpose of effecting transfers, combinations and split-ups of ADRs at designated transfer offices on behalf of the Depositary, and the Depositary shall notify the Company promptly of any such appointment. In carrying out its functions, a co-transfer agent may require evidence of authority and compliance with applicable laws and other requirements by Holders or persons entitled to such ADRs and will be entitled to protection and indemnity to the same extent as the DepositaryDepositary as provided for herein. Such co-transfer agents may be removed and substitutes appointed by the Depositary, in which case the Depositary from among the co-transfer agents pre-approved by shall notify the Company promptly of any such removal and named in the Schedule attached as Exhibit C heretosubstitution. Each co-transfer agent appointed under this Section 2.6 (other than the Depositary) shall give notice in writing to the Depositary and the Company accepting such appointment and agreeing to be bound by the applicable terms of this the Deposit Agreement.

Appears in 1 contract

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

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Co-Transfer Agents. The Depositary may appoint from among the co-transfer agents pre-approved by the Company and named in the schedule attached as Exhibit C hereto, one or more co-transfer co‑transfer agents for the purpose of effecting transfers, combinations and split-ups split‑ups of ADRs Receipts at designated transfer offices on behalf of the Depositary, and the Depositary shall provide the Company with notice of any such appointment concurrently with or promptly following such appointment. In carrying out its functions, a co-transfer co‑transfer agent may require evidence of authority and compliance with applicable laws and other requirements by Holders or persons entitled to such ADRs Receipts and will be entitled to protection and indemnity indemnity, in each case to the same extent as the Depositary. Such co-transfer co‑transfer agents may be removed and substitutes appointed by the Depositary, and the Depositary from among the co-transfer agents pre-approved by shall provide the Company and named in the Schedule attached as Exhibit C heretowith notice of any such removal or substitution concurrently with or promptly following such appointment. Each co-transfer co‑transfer agent appointed under this Section 2.6 2.5 (other than the Depositary) shall give notice in writing to the Depositary and the Company accepting such appointment and agreeing to be bound by the applicable terms of this Deposit Agreement.

Appears in 1 contract

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

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