Common use of Combination & Split Up Clause in Contracts

Combination & Split Up. The Registrar shall register the split-up or combination of this Regulation S GDR Certificate (and of the Regulation S GDRs evidenced hereby) on the books maintained for such purpose and the Depositary shall cancel this Regulation S GDR Certificate and execute new Regulation S GDR Certificates for the number of Regulation S GDRs requested, but in the aggregate not exceeding the number of Regulation S GDRs evidenced by this Regulation S GDR Certificate canceled by the Depositary, shall cause the Registrar to countersign such new Regulation S GDR Certificates, and shall Deliver such new Regulation S GDR Certificates to or upon the order of the person entitled thereto, if each of the following conditions has been satisfied: (i) this Regulation S GDR Certificate has been duly Delivered by the Holder (or by a duly- authorized attorney of the Holder) to the Depositary at the Principal New York Office or Principal London Office of the Depositary for the purpose of effecting a split-up or combination thereof, and (ii) all applicable fees and charges of, and expenses incurred by, the Depositary and all applicable taxes and governmental charges (as set forth in paragraph (8) of this Regulation S GDR Certificate) have been paid, subject, however, in each case, to the terms and conditions of the applicable Regulation S GDR Certificates, of the Regulation S Deposit Agreement and of applicable law, in each case, as in effect at the time thereof.

Appears in 1 contract

Samples: Regulation S Deposit Agreement (Joint Stock Co Sitronics)

AutoNDA by SimpleDocs

Combination & Split Up. The Registrar shall register the split-up or combination of this Regulation S GDR Certificate Certificates (and of the Regulation S GDRs evidenced herebyrepresented thereby) on the books maintained for such purpose and the Depositary shall cancel this Regulation S GDR Certificate Certificates and execute new Regulation S GDR Certificates for the number of Regulation S GDRs requested, but in the aggregate not exceeding the number of Regulation S GDRs evidenced by this the Regulation S GDR Certificate Certificates canceled by the Depositary, shall cause the Registrar to countersign such new Regulation S GDR Certificates, and shall Deliver such new Regulation S GDR Certificates to or upon the order of the person entitled thereto, if each of the following conditions has been satisfied: (i) this the Regulation S GDR Certificate has Certificates have been duly Delivered by the Holder (or by a duly- duly-authorized attorney of the Holder) to the Depositary at the Principal New York Office or Principal London Office of the Depositary for the purpose of effecting a split-up or combination thereof, and (ii) all applicable fees and charges of, and expenses incurred by, the Depositary and all applicable taxes and governmental charges (as set forth in paragraph (8) of this Regulation S GDR CertificateSection 5.5 hereof and Exhibit B hereto) have been paid, subject, however, in each case, to the terms and conditions of the applicable Regulation S GDR Certificates, of the this Regulation S Deposit Agreement and of applicable law, in each case, as in effect at the time thereof.

Appears in 1 contract

Samples: Regulation S Deposit Agreement (Joint Stock Co Sitronics)

Combination & Split Up. The Registrar shall register the split-up or combination of this Regulation S Rule 144A GDR Certificate (and of the Regulation S Rule 144A GDRs evidenced hereby) on the books maintained for such purpose and the Depositary shall cancel this Regulation S Rule 144A GDR Certificate and execute new Regulation S Rule 144A GDR Certificates for the number of Regulation S Rule 144A GDRs requested, but in the aggregate not exceeding the number of Regulation S Rule 144A GDRs evidenced by this Regulation S Rule 144A GDR Certificate canceled by the Depositary, shall cause the Registrar to countersign such new Regulation S Rule 144A GDR Certificates, and shall Deliver such new Regulation S Rule 144A GDR Certificates to or upon the order of the person entitled thereto, if each of the following conditions has been satisfied: (i) this Regulation S Rule 144A GDR Certificate has been duly Delivered by the Holder (or by a duly- duly authorized attorney of the Holder) to the Depositary at the Principal New York Office or Principal London Office of the Depositary for the purpose of effecting a split-up or combination thereof, and (ii) all applicable fees and charges of, and expenses incurred by, the Depositary and all applicable taxes and governmental charges (as set forth in paragraph (8) of this Regulation S Rule 144A GDR Certificate) have been paid, subject, however, in each case, to the terms and conditions of the applicable Regulation S Rule 144A GDR Certificates, of the Regulation S Rule 144A Deposit Agreement and of applicable law, in each case, as in effect at the time thereof.

Appears in 1 contract

Samples: Regulation S Deposit Agreement (Joint Stock Co Sitronics)

AutoNDA by SimpleDocs

Combination & Split Up. The Registrar shall register the split-up or combination of this Regulation S Rule 144A GDR Certificate Certificates (and of the Regulation S Rule 144A GDRs evidenced herebyrepresented thereby) on the books maintained for such purpose and the Depositary shall cancel this Regulation S Rule 144A GDR Certificate Certificates and execute new Regulation S Rule 144A GDR Certificates for the number of Regulation S Rule 144A GDRs requested, but in the aggregate not exceeding the number of Regulation S Rule 144A GDRs evidenced by this Regulation S the Rule 144A GDR Certificate Certificates canceled by the Depositary, shall cause the Registrar to countersign such new Regulation S Rule 144A GDR Certificates, and shall Deliver such new Regulation S Rule 144A GDR Certificates to or upon the order of the person entitled thereto, if each of the following conditions has been satisfied: (i) this Regulation S the Rule 144A GDR Certificate has Certificates have been duly Delivered by the Holder (or by a duly- duly authorized attorney of the Holder) to the Depositary at the Principal New York Office or Principal London Office of the Depositary for the purpose of effecting a split-up or combination thereof, and (ii) all applicable fees and charges of, and expenses incurred by, the Depositary and all applicable taxes and governmental charges (as set forth in paragraph (8) of this Regulation S GDR CertificateSection 5.5 hereof and Exhibit B hereto) have been paid, subject, however, in each case, to the terms and conditions of the applicable Regulation S Rule 144A GDR Certificates, of the Regulation S this Rule 144A Deposit Agreement and of applicable law, in each case, as in effect at the time thereof.

Appears in 1 contract

Samples: Regulation S Deposit Agreement (Joint Stock Co Sitronics)

Time is Money Join Law Insider Premium to draft better contracts faster.