Common use of Depositary’s Agents Clause in Contracts

Depositary’s Agents. Except as otherwise set forth herein, the Depositary may from time to time appoint Depositary’s Agents to act in any respect for the Depositary for the purposes of this Deposit Agreement and may at any time appoint additional Depositary’s Agents and vary or terminate the appointment of such Depositary’s Agents. The Depositary will notify the Company of any such action. The Company has authorized the appointment of, and has requested the Depositary to appoint hereunder, [ ], as transfer agent (the “Transfer Agent”) for the 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 (PPL Capital Funding Inc), Deposit Agreement (PPL Energy Supply LLC), Deposit Agreement (PPL Energy Supply LLC)

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Depositary’s Agents. Except as otherwise set forth herein, the Depositary may from time to time appoint Depositary’s 's Agents to act in any respect for the Depositary for the purposes of this Deposit Agreement and may at any time appoint additional Depositary’s 's Agents and vary or terminate the appointment of such Depositary’s 's Agents. The Depositary will notify the Company of any such action. The Company has authorized the appointment of, and has requested the Depositary to appoint hereunder, [ ]Chasx Xxxxxx Xxxreholder Services, L.L.C. ("CMSS") as transfer agent (the "Transfer Agent") for the Depositary Shares. The Depositary hereby appoints [ ] CMSS as Transfer Agent and Registrar for the Depositary Shares and delegates to [ ] CMSS 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 [ ] CMSS 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 [ ] CMSS as Transfer Agent, Registrar or Depositary’s 's Agent with respect to the Depositary Shares.

Appears in 1 contract

Samples: Deposit Agreement (Chase Manhattan Corp /De/)

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Depositary’s Agents. Except as otherwise set forth herein, the Depositary may from time to time appoint Depositary’s Agents to act in any respect for the Depositary for the purposes of this Deposit Agreement and may at any time appoint additional Depositary’s Agents and vary or terminate the appointment of such Depositary’s Agents. The Depositary will notify the Company of any such action. The Company has authorized the appointment of, and has requested the Depositary to appoint hereunder, [ ], as transfer agent (the “Transfer Agent”) for the 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 (Hovnanian Enterprises Inc)

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