Common use of Disclosure of Interests; Limitations on Ownership Clause in Contracts

Disclosure of Interests; Limitations on Ownership. Notwithstanding any other provision of this Deposit Agreement, each Owner agrees to comply with requests from the Company pursuant to any applicable law, the rules and requirements of the CVM and the São Paulo Stock Exchange, and any other stock exchange or market on which the Shares are, or will be, registered, traded or listed or the Estatuto Social of the Company, which requests are made to provide information, inter alia, as to the capacity in which such Owner owns American Depositary Shares (and Shares as the case may be) and regarding the identity of any other person interested in such American Depositary Shares and the nature of such interest and various other matters. Each Owner or Holder agrees to provide any such information reasonably requested by the Company or the Depositary pursuant to this Section 3.05 whether or not still an Owner or Holder at the time of such request. The Depositary agrees to comply with written instructions received from the Company requesting that the Depositary forward any such requests to such Owners and to the last known address, if any, of such former Owners and to forward to the Company any responses to such requests received by the Depositary, and to use its reasonable efforts, at the Company’s request and expense, to assist the Company in obtaining such information with respect to the American Depositary Shares. However, nothing herein shall be interpreted as obligating the Depositary to provide or obtain any such information not provided to the Depositary by such Owners or Holders or former Owners or Holders. Each Owner agrees to advise the Depositary and the Company every time it acquires a Relevant Ownership Interest (as defined in or pursuant to the CVM’s regulations). Each Owner will be liable to the Company for any damages or losses resulting from its failure to inform the Company of its acquisition of a Relevant Ownership Interest. Each Owner and Beneficial Owner shall inform itself about and comply with all applicable limitations on ownership of the Company’s securities under Brazilian laws and regulations, as if the American Depositary Shares were the Shares they represent.

Appears in 3 contracts

Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Bank Bradesco)

AutoNDA by SimpleDocs

Disclosure of Interests; Limitations on Ownership. Notwithstanding any other provision of this the Deposit Agreement, each Owner agrees to comply with requests from the Company pursuant to any applicable law, the rules and requirements of the CVM and the São Paulo Stock Exchange, and any other stock exchange or market on which the Shares are, or will be, registered, traded or listed or the Estatuto Social of the Company, which requests are made to provide information, inter alia, as to the capacity in which such Owner owns American Depositary Shares (and Shares as the case may be) and regarding the identity of any other person interested in such American Depositary Shares and the nature of such interest and various other matters. Each Owner or Holder agrees to provide any such information reasonably requested by the Company or the Depositary pursuant to this Section 3.05 of the Deposit Agreement whether or not still an Owner or Holder at the time of such request. The Depositary agrees to comply with written instructions received from the Company requesting that the Depositary forward any such requests to such Owners and to the last known address, if any, of such former Owners and to forward to the Company any responses to such requests received by the Depositary, and to use its reasonable efforts, at the Company’s request and expense, to assist the Company in obtaining such information with respect to the American Depositary Shares. However, nothing herein in the Deposit Agreement shall be interpreted as obligating the Depositary to provide or obtain any such information not provided to the Depositary by such Owners or Holders or former Owners or Holders. Each Owner agrees to advise the Depositary and the Company every time it acquires a Relevant Ownership Interest (as defined in or pursuant to the CVM’s regulations). Each Owner will be liable to the Company for any damages or losses resulting from its failure to inform the Company of its acquisition of a Relevant Ownership Interest. Each Owner and Beneficial Owner shall inform itself about and comply with all applicable limitations on ownership of the Company’s securities under Brazilian laws and regulations, as if the American Depositary Shares were the Shares they represent.

Appears in 3 contracts

Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Bank Bradesco)

Disclosure of Interests; Limitations on Ownership. Notwithstanding any other provision of this the Deposit Agreement, each Owner agrees to comply with requests from the Company pursuant to any applicable law, the rules and requirements of the CVM and the São Paulo Stock ExchangeBM&FBOVESPA, and any other stock exchange or market on which the Shares are, or will be, registered, traded or listed or the Estatuto Social of the Company, which requests are made to provide information, inter alia, as to the capacity in which such Owner owns American Depositary Shares (and Shares as the case may be) and regarding the identity of any other person interested in such American Depositary Shares and the nature of such interest and various other matters. Each Owner or Holder agrees to provide any such information reasonably requested by the Company or the Depositary pursuant to this Section 3.05 of the Deposit Agreement whether or not still an Owner or Holder at the time of such request. The Depositary agrees to comply with written instructions received from the Company requesting that the Depositary forward any such requests to such Owners and to the last known address, if any, of such former Owners and to forward to the Company any responses to such requests received by the Depositary, and to use its reasonable efforts, at the Company’s request and expense, to assist the Company in obtaining such information with respect to the American Depositary Shares. However, nothing herein in the Deposit Agreement shall be interpreted as obligating the Depositary to provide or obtain any such information not provided to the Depositary by such Owners or Holders or former Owners or Holders. Each Owner agrees to advise the Depositary and the Company every time it acquires a Relevant Ownership Interest (as defined in or pursuant to the CVM’s regulations). Each Owner will be liable to the Company for any damages or losses resulting from its failure to inform the Company of its acquisition of a Relevant Ownership Interest. Each Owner and Beneficial Owner shall inform itself about and comply with all applicable limitations on ownership of the Company’s securities under Brazilian laws and regulations, as if the American Depositary Shares were the Shares they represent.

Appears in 2 contracts

Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Bank of New York / Adr Division)

Disclosure of Interests; Limitations on Ownership. Notwithstanding any other provision of this Deposit Agreement, each Owner agrees to comply with requests from the Company pursuant to any applicable law, the rules and requirements of the CVM and the São Paulo Stock ExchangeBM&FBOVESPA, and any other stock exchange or market on which the Shares are, or will be, registered, traded or listed or the Estatuto Social of the Company, which requests are made to provide information, inter alia, as to the capacity in which such Owner owns American Depositary Shares (and Shares as the case may be) and regarding the identity of any other person interested in such American Depositary Shares and the nature of such interest and various other matters. Each Owner or Holder agrees to provide any such information reasonably requested by the Company or the Depositary pursuant to this Section 3.05 whether or not still an Owner or Holder at the time of such request. The Depositary agrees to comply with written instructions received from the Company requesting that the Depositary forward any such requests to such Owners and to the last known address, if any, of such former Owners and to forward to the Company any responses to such requests received by the Depositary, and to use its reasonable efforts, at the Company’s request and expense, to assist the Company in obtaining such information with respect to the American Depositary Shares. However, nothing herein shall be interpreted as obligating the Depositary to provide or obtain any such information not provided to the Depositary by such Owners or Holders or former Owners or Holders. Each Owner agrees to advise the Depositary and the Company every time it acquires a Relevant Ownership Interest (as defined in or pursuant to the CVM’s regulations). Each Owner will be liable to the Company for any damages or losses resulting from its failure to inform the Company of its acquisition of a Relevant Ownership Interest. Each Owner and Beneficial Owner shall inform itself about and comply with all applicable limitations on ownership of the Company’s securities under Brazilian laws and regulations, as if the American Depositary Shares were the Shares they represent.

Appears in 2 contracts

Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Bank of New York / Adr Division)

AutoNDA by SimpleDocs

Disclosure of Interests; Limitations on Ownership. Notwithstanding any other provision of this Deposit Agreement, each Owner agrees to comply with requests from the Company Issuer pursuant to any applicable law, the rules and requirements of the CVM and the São Paulo Stock ExchangeBM&FBOVESPA, and any other stock exchange or market on which the Shares are, or will be, registered, traded or listed or the Estatuto Social of the CompanyIssuer, which requests are made to provide information, inter alia, as to the capacity in which such Owner owns American Depositary Shares (and Shares as the case may be) and regarding the identity of any other person interested in such American Depositary Shares and the nature of such interest and various other matters. Each Owner or Holder holder agrees to provide any such information reasonably requested by the Company Issuer or the Depositary pursuant to this Section 3.05 3.5 whether or not still an Owner or Holder holder at the time of such request. The Depositary agrees to comply with reasonable written instructions received from the Company Issuer requesting that the Depositary forward any such requests to such Owners and to the last known address, if any, of such former Owners and to forward to the Company Issuer any responses to such requests received by the Depositary, and to use its reasonable efforts, at the CompanyIssuer’s request and expense, to assist the Company Issuer in obtaining such information with respect to the American Depositary Shares. However, nothing herein shall be interpreted as obligating the Depositary to provide or obtain any such information not provided to the Depositary by such Owners or Holders or former Owners or Holdersholders. Each Owner or holder agrees to advise notify the Depositary and the Company Issuer in writing every time it acquires a Relevant Ownership Interest (as defined in or pursuant to the CVM’s regulationsRegulations). Each Owner or holder will be liable to the Company Issuer for any damages or losses resulting from its failure to inform of the Company Issuer of its acquisition of a Relevant Ownership Interest. Each Owner and Beneficial Owner shall inform itself about and comply with all applicable limitations on ownership of the Company’s securities under Brazilian laws and regulations, as if the American Depositary Shares were the Shares they represent.

Appears in 1 contract

Samples: Deposit Agreement (Bank of New York / Adr Division)

Time is Money Join Law Insider Premium to draft better contracts faster.