Common use of Company Assistance Clause in Contracts

Company Assistance. The Company agrees to (i) provide commercially reasonable assistance upon the request of and to the Depositary in the establishment of such procedures to enable (a) the acceptance of the deposit by the Company of the Private Placement Shares, and (b) the issuance of Private Placement ADSs, the transfer of Private Placement ADSs, the withdrawal of the Private Placement Shares, and the conversion of Private Placement ADSs into freely transferable unrestricted ADSs, and (ii) take all commercially reasonable steps requested by the Depositary to ensure that the acceptance of the deposit of the Private Placement Shares, the issuance of Private Placement ADSs, the transfer of the Private Placement ADSs, the conversion of Private Placement ADSs into freely transferable unrestricted ADSs, and the withdrawal of the Private Placement Shares, in each case upon the terms and conditions set forth herein, do not prejudice any substantial existing rights of Holders and Beneficial Owners of ADSs (that are not Restricted ADSs) and do not violate the provisions of the Securities Act or any other applicable laws.

Appears in 2 contracts

Samples: Restricted Ads Letter Agreement (Citibank,N.A./ADR), Securities Purchase Agreement (Citibank,N.A./ADR)

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Company Assistance. The Company agrees to (i) provide commercially reasonable assistance upon the request of and to the Depositary in the establishment of such procedures to enable (a) the acceptance of the deposit by the Company of the Private Placement Warrant Shares, and (b) the issuance of Private Placement Warrant ADSs, the transfer of Private Placement Restricted Warrant ADSs, the withdrawal of the Private Placement Restricted Warrant Shares, and the conversion of Private Placement Restricted Warrant ADSs into freely transferable unrestricted ADSs, and (ii) take all commercially reasonable steps requested by the Depositary to ensure that the acceptance of the deposit of the Private Placement Warrant Shares, the issuance of Private Placement Warrant ADSs, the transfer of the Private Placement Restricted Warrant ADSs, the conversion of Private Placement Restricted Warrant ADSs into freely transferable unrestricted ADSs, and the withdrawal of the Private Placement Warrant Shares, in each case upon the terms and conditions set forth herein, do not prejudice any substantial existing rights of Holders and Beneficial Owners of ADSs (that are not Restricted ADSs) and do not violate the provisions of the Securities Act or any other applicable laws.

Appears in 2 contracts

Samples: Restricted Ads Letter Agreement (Citibank,N.A./ADR), Securities Purchase Agreement (Citibank,N.A./ADR)

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