Common use of Combinations and Split-ups of Receipts Clause in Contracts

Combinations and Split-ups of Receipts. Upon surrender of a Receipt or Receipts at the Depositary's Principal Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute and deliver a new Receipt or Receipts in the authorized denominations requested, evidencing the same aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered.

Appears in 1 contract

Samples: Deposit Agreement (Sensormatic Electronics Corp)

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Combinations and Split-ups of Receipts. Upon surrender of a -------------------------------------- Receipt or Receipts at the Depositary's Principal Office Securities Division or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute and deliver a new Receipt or Receipts in the authorized denominations requested, requested evidencing the same aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered.

Appears in 1 contract

Samples: Deposit Agreement (Boatmens Bancshares Inc /Mo)

Combinations and Split-ups of Receipts. Upon surrender of a Receipt or Receipts at the Depositary's Principal Office Securities Division or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute and deliver a new Receipt or Receipts in the authorized denominations requested, requested evidencing the same aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered.

Appears in 1 contract

Samples: Deposit Agreement (Nationsbank Corp)

Combinations and Split-ups of Receipts. Upon -------------------------------------- surrender of a Receipt or Receipts at the Depositary's Principal Office Securities Division or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute and deliver a new Receipt or Receipts in the authorized denominations requested, requested evidencing the same aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered.

Appears in 1 contract

Samples: Deposit Agreement (Boatmens Bancshares Inc /Mo)

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Combinations and Split-ups of Receipts. Upon surrender of a Receipt or Receipts at the Depositary's Principal Corporate Office or at such other offices office as it the Depositary may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute and deliver issue a new Receipt or Receipts in the authorized denominations requested, requested evidencing the same aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered; provided, however, that the Depositary shall not issue any Receipt evidencing a fractional Depositary Share.

Appears in 1 contract

Samples: Deposit Agreement (National Energy Group Inc)

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