Common use of Distributions with Respect to Deposited Securities in Bearer Form Clause in Contracts

Distributions with Respect to Deposited Securities in Bearer Form. Subject to the terms of this Article IV, distributions in respect of Deposited Securities that are held by the Depositary in bearer form shall be made to the Depositary for the account of the respective Holders of Receipts with respect to which any such distribution is made upon due presentation by the Depositary or the Custodian to the Company of any dividend sheets. The Company shall promptly notify the Depositary of such distributions. The Depositary or the Custodian shall promptly present such dividend sheets in connection with any such distribution.

Appears in 4 contracts

Samples: Deposit Agreement (TNT Post Group Nv), Deposit Agreement (TNT N.V./ADR), Deposit Agreement (JPMorgan Chase Bank, N.A. - ADR Depositary)

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Distributions with Respect to Deposited Securities in Bearer Form. Subject to the terms of this Article IV, distributions in respect of Deposited Securities that are held by the Depositary in bearer form shall be made to the Depositary for the account of the respective Holders of Receipts ADSs with respect to which any such distribution is made upon due presentation by the Depositary or the Custodian to the Company of any dividend sheets. The Company shall promptly notify the Depositary of such distributions. The Depositary or the Custodian shall promptly present such dividend sheets in connection with any such distribution.relevant coupons, talons, or

Appears in 1 contract

Samples: Deposit Agreement (Energy Co of Minas Gerais)

Distributions with Respect to Deposited Securities in Bearer Form. Subject to the terms of this Article IV, distributions in respect of Deposited Securities that are held by the Depositary in bearer form shall be made to the Depositary for the account of the respective Holders of Receipts ADS(s) with respect to which any such distribution is made upon due presentation by the Depositary or the Custodian to the Company of any dividend sheetsrelevant coupons, talons, or certificates. The Company shall promptly notify the Depositary of such distributions. The Depositary or the Custodian shall promptly present such dividend sheets in connection with any such distribution.such

Appears in 1 contract

Samples: Deposit Agreement (CLP Holdings LTD)

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Distributions with Respect to Deposited Securities in Bearer Form. Subject to the terms of this Article IV, distributions in respect of Deposited Securities that are held by the Depositary in bearer form shall be made to the Depositary for the account of the respective Holders of Receipts ADSs with respect to which any such distribution is made upon due presentation by the Depositary or the Custodian to the Company of any dividend sheets. The Company shall promptly notify the Depositary of such distributions. The Depositary or the Custodian shall promptly present such dividend sheets in connection with any such distribution.

Appears in 1 contract

Samples: Deposit Agreement (Citibank,N.A./ADR)

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