Common use of Depository Receipts Clause in Contracts

Depository Receipts. Upon receipt of Instructions, the Custodian shall surrender or cause to be surrendered Securities to the depository used for such Securities by an issuer of American Depository Receipts or International Depository Receipts (hereinafter referred to, collectively, as "ADRs"), against a written receipt therefor adequately describing such Securities and written evidence satisfactory to the organization surrendering the same that the depository has acknowledged receipt of instructions to issue ADRs with respect to such Securities in the name of the Custodian or a nominee of the Custodian, for delivery in accordance with such instructions. Upon receipt of Instructions, the Custodian shall surrender or cause to be surrendered ADRs to the issuer thereof, against a written receipt therefor adequately describing the ADRs surrendered and written evidence satisfactory to the organization surrendering the same that the issuer of the ADRs has acknowledged receipt of instructions to cause its depository to deliver the Securities underlying such ADRs in accordance with such instructions.

Depository Receipts. Upon receipt of Instructions, the Custodian shall surrender or cause to be surrendered Securities to the depository depositary used for such Securities by an issuer of American Depository Depositary Receipts or International Depository Depositary Receipts (hereinafter referred to, collectively, as "ADRs"), against a written receipt therefor adequately describing such Securities and written evidence satisfactory to the organization surrendering the same that the depository depositary has acknowledged receipt of instructions to issue ADRs with respect to such Securities in the name of the Custodian or a nominee of the Custodian, for delivery in accordance with such instructions. Upon receipt of Instructions, the Custodian shall surrender or cause to be surrendered ADRs to the issuer thereof, against a written receipt therefor adequately describing the ADRs surrendered and written evidence satisfactory to the organization surrendering the same that the issuer of the ADRs has acknowledged receipt of instructions to cause its depository to deliver the Securities underlying such ADRs in accordance with such instructions.

Depository Receipts. Upon receipt of Proper Instructions, the Custodian shall surrender or cause to be surrendered Securities securities to the depository depositary used for such Securities securities by an issuer of American Depository Depositary Receipts or International Depository Depositary Receipts (hereinafter referred to, collectively, as "ADRs"), against a written receipt therefor adequately describing such Securities securities and written evidence satisfactory to the organization surrendering the same Custodian that the depository depositary has acknowledged receipt of instructions to issue ADRs with respect to such Securities securities in the name of the Custodian or a nominee of the Custodian, for delivery in accordance with to the Custodian at such instructionsplace as the Custodian may from time to time designate. Upon receipt of Proper Instructions, the Custodian shall surrender or cause to be surrendered ADRs to the issuer thereof, against a written receipt therefor adequately describing the ADRs surrendered and written evidence satisfactory to the organization surrendering the same Custodian that the issuer of the ADRs has acknowledged receipt of instructions to cause its depository to deliver the Securities securities underlying such ADRs in accordance with such instructionsto the Custodian.

Depository Receipts. Upon receipt of Proper Instructions, the Custodian shall instruct a SubCustodian appointed pursuant to Article V hereof to surrender or cause to be surrendered Securities securities to the depository used that holds securities of an issuer that are represented by DRs for such Securities by an issuer of American Depository Receipts or International Depository Receipts (hereinafter referred to, collectively, as "ADRs"), securities against a written receipt therefor thereof adequately describing such Securities securities and written evidence satisfactory to the organization surrendering the same SubCustodian that the depository has acknowledged receipt of instructions to issue ADRs DRs with respect to such Securities securities in the name of the Custodian Custodian, or a nominee of the Custodian, for delivery to the Custodian in accordance with at such instructionsplace as the Custodian may from time to time designate. Upon receipt of Proper Instructions, the Custodian shall surrender or cause to be surrendered ADRs DRs to the issuer thereof, thereof against a written receipt therefor adequately describing the ADRs DRs surrendered and written evidence satisfactory to the organization surrendering the same Custodian that the issuer of the ADRs DRs has acknowledged receipt of instructions to cause its depository to deliver the Securities securities underlying such ADRs in accordance with such instructionsDRs to a Subcustodian.

Depository Receipts. Upon receipt of Instructionsinstructions, the Custodian shall surrender or cause to be surrendered Securities to the depository used for such Securities by an issuer of American Depository Receipts or International Depository Receipts (hereinafter referred to, collectively, as "“ADRs"”), against a written receipt therefor adequately describing such Securities and written evidence satisfactory to the organization surrendering the same that the depository has acknowledged receipt of instructions to issue ADRs with respect to such Securities in the name of the Custodian or a nominee of the Custodian, for delivery in accordance with such instructions. Upon receipt of Instructions, the Custodian shall surrender or cause to be surrendered ADRs to the issuer thereof, against a written receipt therefor adequately describing the ADRs surrendered and written evidence satisfactory to the organization surrendering the same that the issuer of the ADRs has acknowledged receipt of instructions to cause its depository to deliver the Securities underlying such ADRs in accordance with such instructions.

Depository Receipts. Upon receipt of Proper Instructions, the Custodian shall surrender or cause to be surrendered Securities securities to the depository depositary used for such Securities securities by an issuer of American Depository Depositary Receipts or International Depository Depositary Receipts (hereinafter referred to, collectively, as "“ADRs"”), against a written receipt therefor adequately describing such Securities securities and written evidence satisfactory to the organization surrendering the same Custodian that the depository depositary has acknowledged receipt of instructions to issue ADRs with respect to such Securities securities in the name of the Custodian or a nominee of the Custodian, for delivery in accordance with to the Custodian at such instructionsplace as the Custodian may from time to time designate. Upon receipt of Proper Instructions, the Custodian shall surrender or cause to be surrendered ADRs to the issuer thereof, against a written receipt therefor adequately describing the ADRs surrendered and written evidence satisfactory to the organization surrendering the same Custodian that the issuer of the ADRs has acknowledged receipt of instructions to cause its depository to deliver the Securities securities underlying such ADRs in accordance with such instructionsto the Custodian.

Depository Receipts. Upon receipt of Instructions, the Custodian shall surrender or cause to be surrendered Securities to the depository depositary used for such Securities by an issuer of American Depository Depositary Receipts or International Depository Depositary Receipts (hereinafter referred to, collectively, as "ADRs"), against a written receipt therefor adequately describing such Securities and written evidence satisfactory to the organization surrendering the same that the depository depositary has acknowledged receipt of instructions to issue ADRs with respect to such Securities in the name of the Custodian or a nominee of the Custodian, for delivery in accordance with such instructions. Upon receipt of Instructions, the Custodian shall surrender or cause to be surrendered ADRs to the issuer thereof, against a written receipt therefor adequately describing the ADRs surrendered and written evidence satisfactory to the organization surrendering the same that the issuer of the ADRs has acknowledged receipt of instructions to cause its depository to deliver the Securities underlying such ADRs in accordance with such instructions.has