Common use of Depositary Shares Clause in Contracts

Depositary Shares. The Depositary hereby appoints ____________ as Transfer Agent and Registrar for the Depositary Shares and delegates to _____________ the duties of the Depositary hereunder customarily performed by a transfer agent, a registrar and a depositary. Without otherwise affecting the liability of the Depositary hereunder, it is hereby agreed that if _____________ shall have agreed in writing to be bound by all the terms and conditions of this Deposit Agreement and to assume the obligations of the Depositary hereunder to be performed by it, then in no event shall the Depositary be liable for any acts or omissions of ____________ as Transfer Agent, Registrar or Depositary's Agent with respect to the Depositary Shares.

Appears in 4 contracts

Samples: Deposit Agreement (Lehman Brothers Holdings Capital Trust Iii), Deposit Agreement (Lehman Brothers Holdings Capital Trust V), Deposit Agreement (Lehman Brothers Holdings Inc)

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Depositary Shares. The Depositary hereby appoints ____________ as Transfer Agent and Registrar for the Depositary Shares and delegates to _____________ the duties of the Depositary hereunder customarily performed by a transfer agent, a registrar and a depositary. Without otherwise affecting the liability of the Depositary hereunder, it is hereby agreed that if _____________ shall have agreed in writing to be bound by all the terms and conditions of this Deposit Agreement and to assume the obligations of the Depositary hereunder to be performed by it, then in no event shall the Depositary be liable for any acts or omissions of ____________ as Transfer Agent, Registrar or Depositary's Agent with respect to the Depositary Shares.

Appears in 2 contracts

Samples: Deposit Agreement (Keyspan Trust I), Deposit Agreement (Keyspan Trust Iii)

Depositary Shares. The Depositary hereby appoints ____________________________ as Transfer Agent and Registrar for the Depositary Shares and delegates to _____________________ the duties of the Depositary hereunder customarily performed by a transfer agent, a registrar and a depositary. Without otherwise affecting the liability of the Depositary hereunder, it is hereby agreed that if __________________ shall have agreed in writing to be bound by all the terms and conditions of this Deposit Agreement and to assume the obligations of the Depositary hereunder to be performed by it, then in no event shall the Depositary be liable for any acts or omissions of _________________________ as Transfer Agent, Registrar or Depositary's Agent with respect to the Depositary Shares.

Appears in 1 contract

Samples: Deposit Agreement (Polaroid Corp)

Depositary Shares. The Depositary hereby appoints ____________ as Transfer Agent and Registrar for the Depositary Shares and delegates to _____________ the duties of the Depositary hereunder customarily performed by a transfer agent, a registrar and a depositary. Without otherwise affecting the liability of the Depositary hereunder, it is hereby agreed that if _____________ shall have agreed in writing to be bound by all the terms and conditions of this Deposit Agreement and to assume the obligations of the Depositary hereunder to be performed by it, then in no event shall the Depositary be liable for any acts or omissions of ____________ as Transfer Agent, Registrar or Depositary's Agent with respect to the Depositary Shares.

Appears in 1 contract

Samples: Deposit Agreement (Anadarko Petroleum Capital Trust I)

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Depositary Shares. The Depositary hereby appoints ____________ as Transfer Agent and Registrar for the Depositary Shares and delegates to _____________ the duties of the Depositary hereunder customarily performed by a transfer agent, a registrar and a depositary. Without otherwise affecting the liability of the Depositary hereunder, it is hereby agreed that if _____________ shall have agreed in writing to be bound by all the terms and conditions of this Deposit Agreement and to assume the obligations of the Depositary hereunder to be performed by it, then in no event shall the Depositary be liable for any acts or omissions of ____________ as Transfer Agent, Registrar or Depositary's Agent with respect to the Depositary Shares.

Appears in 1 contract

Samples: Deposit Agreement (J P Morgan Chase & Co)

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