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 Corporate Office or such other office as the Depositary may designate for the purpose of effecting a split-up or combination of Receipts, subject to the terms and conditions of this Deposit Agreement, the Depositary shall issue 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; 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)

AutoNDA by SimpleDocs

Combinations and Split-ups of Receipts. Upon -------------------------------------- surrender of a Receipt or Receipts at the Corporate Office Depositary's Securities Division or at such other office offices as the Depositary 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 issue 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; provided, however, that the Depositary shall not issue any Receipt evidencing a fractional Depositary Share.

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 Corporate Depositary's Principal Office or at such other office offices as the Depositary 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 issue 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; provided, however, that the Depositary shall not issue any Receipt evidencing a fractional Depositary Share.

Appears in 1 contract

Samples: Deposit Agreement (Sensormatic Electronics Corp)

Combinations and Split-ups of Receipts. Upon surrender of a -------------------------------------- Receipt or Receipts at the Corporate Office Depositary's Securities Division or at such other office offices as the Depositary 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 issue 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; provided, however, that the Depositary shall not issue any Receipt evidencing a fractional Depositary Share.

Appears in 1 contract

Samples: Deposit Agreement (Boatmens Bancshares Inc /Mo)

AutoNDA by SimpleDocs

Combinations and Split-ups of Receipts. Upon surrender of a Receipt or Receipts at the Corporate Office Depositary's Securities Division or at such other office offices as the Depositary 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 issue 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; provided, however, that the Depositary shall not issue any Receipt evidencing a fractional Depositary Share.

Appears in 1 contract

Samples: Deposit Agreement (Nationsbank Corp)

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