Common use of Depositary Side Letter Clause in Contracts

Depositary Side Letter. The Company has entered into a side letter agreement (the “Depositary Side Letter”) with the Depositary, instructing the Depositary not to accept any shareholder’s deposit of any Common Shares into ADSs of the Company or issue any new ADSs to any shareholder or any third party, subject to the exceptions stated in the Depositary Side Letter, for a period of 180 days after the date of the Prospectus.

Appears in 2 contracts

Samples: Xunlei LTD, Xunlei LTD

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Depositary Side Letter. The Company has shall have entered into a side letter agreement with the Depositary (the “Depositary Side Letter”) with the Depositary), instructing the Depositary not to accept any shareholder’s deposit of any Common Shares into ADSs of the Company or issue any new ADSs to any shareholder or any third party, subject to the exceptions stated in the Depositary Side LetterDepositary, for a period of 180 days after the date of the Prospectus, not to accept any deposit by the persons specified therein of any Class A Ordinary Shares in the Company’s ADS facility or issue any new ADSs evidencing the ADSs to any such person subject to the exceptions stated in the Depositary Side Letter or further instructions by the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (Niu Technologies), Underwriting Agreement (LAIX Inc.)

Depositary Side Letter. The Company has shall have entered into a side letter agreement (the “Depositary Side Letter”) with instructing the Depositary, instructing the Depositary not to accept any shareholder’s deposit of any Common Shares into ADSs of the Company or issue any new ADSs to any shareholder or any third party, subject to the exceptions stated in the Depositary Side Letter, for a period of 180 days after the date of the Final Prospectus, not to accept Class A Ordinary Shares for deposit under the Deposit Agreement for the purpose of issuance of ADSs unless the Company has consented to such deposit.

Appears in 1 contract

Samples: Underwriting Agreement (Futu Holdings LTD)

Depositary Side Letter. The Company has shall have entered into a side letter agreement (the “Depositary Side Letter”) with instructing the Depositary, instructing the Depositary not to accept any shareholder’s deposit of any Common Shares into ADSs of the Company or issue any new ADSs to any shareholder or any third party, subject to the exceptions stated in the Depositary Side Letter, for a period of 180 days after the date of the Final Prospectus, not to accept Class A Ordinary Shares for deposit under the Deposit Agreement for the purpose of issuances of ADSs unless the Company has consented to such deposit.

Appears in 1 contract

Samples: Underwriting Agreement (Huami Corp)

Depositary Side Letter. The Company has shall have entered into a side letter agreement with the Depositary (the “Depositary Side Letter”) with the Depositary), instructing the Depositary not to accept any shareholder’s deposit of any Common Shares into ADSs of the Company or issue any new ADSs to any shareholder or any third party, subject to the exceptions stated in the Depositary Side LetterDepositary, for a period of 180 days after the date of the Prospectus, not to accept any deposit by the persons specified therein of any Class A Ordinary Shares in the Company’s ADR facility or issue any new ADRs evidencing the ADSs to any such person subject to the exceptions stated in the Depositary Letter or further instructions by the Company.

Appears in 1 contract

Samples: Secoo Holding LTD

Depositary Side Letter. The Company has shall have entered into a side letter agreement with the Depositary (the “Depositary Side Letter”) with the Depositary), instructing the Depositary not to accept any shareholder’s deposit of any Common Shares into ADSs of the Company or issue any new ADSs to any shareholder or any third party, subject to the exceptions stated in the Depositary Side LetterDepositary, for a period of 180 days after the date of the Prospectus, not to accept any deposit by the persons specified therein of any Ordinary Shares in the Company’s ADR facility or issue any new ADRs evidencing the ADSs to any such person subject to the exceptions stated in the Depositary Letter or further instructions by the Company.

Appears in 1 contract

Samples: Underwriting Agreement (Yintech Investment Holdings LTD)

Depositary Side Letter. The Company has shall have entered into a side letter agreement with the Depositary (the “Depositary Side Letter”) with the Depositary), instructing the Depositary not to accept any shareholder’s deposit of any Common Shares into ADSs of the Company or issue any new ADSs to any shareholder or any third party, subject to the exceptions stated in the Depositary Side LetterDepositary, for a period of 180 days after the date of the Prospectus, not to accept any deposit by the persons specified therein of any Ordinary Shares in the Company’s ADSs facility or issue any new ADSs evidencing the ADSs to any such person, subject to the exceptions stated in the Depositary Letter or further instructions by the Company.

Appears in 1 contract

Samples: Underwriting Agreement (Zhangmen Education Inc.)

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Depositary Side Letter. The Company has shall have entered into a side letter agreement (the “Depositary Side Letter”) with instructing the Depositary, instructing the Depositary not to accept any shareholder’s deposit of any Common Shares into ADSs of the Company or issue any new ADSs to any shareholder or any third party, subject to the exceptions stated in the Depositary Side Letter, for a period of 180 days after the date of the Final Prospectus, not to accept Class A Ordinary Shares for deposit under the Deposit Agreement for the purpose of issuance of ADSs unless the Company has consented to such deposit (the “Depositary Side Letter”).

Appears in 1 contract

Samples: Underwriting Agreement (BlueCity Holdings LTD)

Depositary Side Letter. The Company has shall have entered into a side letter agreement with the Depositary (the “Depositary Side Letter”) with the Depositary), instructing the Depositary not to accept any shareholder’s deposit of any Common Shares into ADSs of the Company or issue any new ADSs to any shareholder or any third party, subject to the exceptions stated in the Depositary Side LetterDepositary, for a period of 180 days after the date of the Prospectus, not to accept any deposit by the persons specified therein of any Ordinary Shares in the Company’s ADSs facility or issue any new ADSs evidencing the ADSs to any such person subject to the exceptions stated in the Depositary Side Letter or further instructions by the Company.

Appears in 1 contract

Samples: Underwriting Agreement (MOGU Inc.)

Depositary Side Letter. The Company has shall have entered into a side letter agreement with the Depositary (the “Depositary Side Letter”) with the Depositary), instructing the Depositary not to accept any shareholder’s deposit of any Common Shares into ADSs of the Company or issue any new ADSs to any shareholder or any third party, subject to the exceptions stated in the Depositary Side LetterDepositary, for a period of 180 days after the date of the Prospectus, not to accept any deposit by the persons specified therein of any Ordinary Shares in the Company’s ADSs facility or issue any new ADSs evidencing the ADSs to any such person subject to the exceptions stated in the Depositary Letter or further instructions by the Company.

Appears in 1 contract

Samples: Underwriting Agreement (Soulgate Inc.)

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