Common use of Combination & Split Up Clause in Contracts

Combination & Split Up. Subject to the terms and conditions of the ---------------------- applicable Receipt, this Deposit Agreement and the U.S. securities laws, the Depositary shall, upon surrender of a Receipt or Receipts for the purpose of effecting a split-up or combination of such Receipt or Receipts and upon payment to the Depositary of the applicable fees and charges set forth in Section 5.9 and Exhibit B hereto, (i) execute and, if the Depositary's signature is by facsimile, the Registrar shall manually countersign, a new Receipt or Receipts for any number of American Depositary Shares requested, but evidencing the same aggregate number of American Depositary Shares as the Receipt or Receipts surrendered, and (ii) deliver the same to or upon the order of the person entitled thereto as promptly as practicable.

Appears in 4 contracts

Samples: Deposit Agreement (United Pan Europe Communications Nv), Deposit Agreement (United Pan Europe Communications Nv), Deposit Agreement (United Pan Europe Communications Nv)

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