Common use of Execution and Delivery of Receipts Clause in Contracts

Execution and Delivery of Receipts. Upon receipt by any Custodian of any deposit pursuant to Section 2.02, together with the other documents required as specified herein, such Custodian shall notify the Depositary of such deposit and the person or persons to whom or upon whose written order a Receipt or Receipts are deliverable in respect thereof and the number of American Depositary Shares to be evidenced thereby. Such notification shall be made by letter or, at the request, risk and expense of the person making the deposit, by cable, telex or facsimile transmission. Upon receiving such notice from such Custodian, or upon the receipt of Shares by the Depositary, the Depositary, subject to the terms and conditions of this Deposit Agreement, shall execute and deliver at its Corporate Trust Office, to or upon the order of the person or persons entitled thereto, a Receipt or Receipts, registered in the name or names and evidencing any authorized number of American Depositary Shares requested by such person or persons, but only upon payment to the Depositary of the fees of the Depositary for the execution and delivery of such Receipt or Receipts as provided in Section 5.09, and of all taxes and governmental charges and fees, if any, payable in connection with such deposit and the transfer of the Deposited Securities.

Appears in 5 contracts

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

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Execution and Delivery of Receipts. Upon receipt by any Custodian of any deposit pursuant to Section 2.022.2 hereunder, together with the other documents required as specified hereinabove specified, such Custodian shall shall, as promptly as practicable, notify the Depositary of such deposit and the person or persons to whom or upon whose written order a Receipt or Receipts are deliverable in respect thereof and the number of American Depositary Shares to be evidenced thereby. Such notification shall be made by letter or, at the request, risk and expense of the person making the deposit, by cable, telex or facsimile transmission. Upon receiving such notice from such Custodian, or upon the receipt of Shares by the Depositary, the Depositary, subject to the terms and conditions of this Deposit Agreement, shall execute and deliver as promptly as practicable at its Corporate Trust Office, to or upon the order of the person or persons entitled thereto, a Receipt or Receipts, registered in the name or names and evidencing any authorized number of American Depositary Shares requested by such person or persons, but only upon payment to the Depositary of the fees of the Depositary for the execution and delivery of such Receipt or Receipts as provided in Section 5.095.9, and of all taxes and governmental charges and fees, if any, fees payable in connection with such deposit and the transfer of the Deposited Securities.

Appears in 5 contracts

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

Execution and Delivery of Receipts. Upon receipt by any Custodian of any deposit pursuant to Section 2.02, together with the other documents required as specified herein, such Custodian shall notify the Depositary of such deposit and the person or persons to whom or upon whose written order a Receipt or Receipts are deliverable in respect thereof and the number of American Depositary Shares to be evidenced represented thereby. Such notification shall be made by letter or, at the request, risk and expense of the person making the deposit, by cable, telex or facsimile transmission. Upon receiving such notice from such Custodian, or upon the receipt of Shares or evidence of the right to receive Shares by the Depositary, the Depositary, subject to the terms and conditions of this Deposit AgreementAgreement (including, but not limited to the terms and conditions contained in Section 2.02), shall execute and deliver at its Corporate Trust Office, to or upon the order of the person or persons entitled theretonamed in the notice delivered to the Depositary or requested by the person depositing such Shares with the Depositary, a Receipt or Receipts, registered in the such name or names and evidencing representing any authorized number of American Depositary Shares requested by such person or persons, but only upon payment to the Depositary of the fees fee of the Depositary for the execution and delivery of such Receipt or Receipts as provided in Section 5.09Receipts, and of all taxes and governmental charges and fees, if any, fees payable in connection with such deposit and the transfer of the relevant portion of the Deposited Securities.

Appears in 4 contracts

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

Execution and Delivery of Receipts. Upon receipt by any the Custodian of any deposit pursuant to Section 2.022.2 hereunder, together with the other documents required as specified hereinin Section 2.2, such the Custodian shall notify the Depositary of such deposit and the person or persons to whom or upon whose written order a Receipt or Receipts are deliverable in respect thereof and the number of American Depositary Shares to be evidenced thereby. Such notification shall be made by letter orletter, or at the request, risk and expense of the person making the deposit, by air courier, cable, telex or facsimile transmission. Upon receiving such notice from such Custodian, or upon the receipt Custodian and payment of Shares the issuance fee specified in Section 5.8 hereof by the Depositaryperson to whom the Receipt is to be issued, the Depositary, Depositary shall subject to the terms and conditions of this Deposit Agreement, shall execute and deliver at its Corporate Trust Office, Principal Office to or upon the order of the person or persons entitled theretonamed in the notice delivered to the Depositary, a Receipt or Receipts, registered in the name or names requested by such person or persons and evidencing any authorized in the aggregate the number of American Depositary Shares requested by to which such person or personspersons are entitled, but only upon payment to the Depositary of or the fees of the Depositary for the execution and delivery of such Receipt or Receipts as provided in Section 5.09, and Custodian of all taxes taxes, duties and governmental charges and fees, if any, fees payable in connection with such deposit and the transfer of the Deposited Securitiesdeposited Shares.

Appears in 3 contracts

Samples: Deposit Agreement (Deutsche Bank Trust Co Americas/ ADR Group), Deposit Agreement (Basf Aktiengesellschaft), Deposit Agreement (Basf Aktiengesellschaft /Fa/)

Execution and Delivery of Receipts. Upon receipt by any the Custodian of any deposit pursuant to Section 2.022.2 hereunder, together with the other documents required as specified hereinabove specified, such the Custodian shall notify the Depositary of such deposit and the person or persons to whom or upon whose written order a Receipt or Receipts are deliverable in respect thereof and the number of American Depositary Shares to be evidenced thereby. Such notification shall be made by letter or, at the request, request and risk and expense of the person making the deposit, by cable, telex or facsimile transmission. Upon receiving such notice from such the Custodian, or upon the receipt of Shares by the Depositary, the Depositary, subject to the terms and conditions of this Deposit Agreement, shall execute and deliver at its Corporate Trust Office, to or upon the order of the person or persons entitled theretonamed in the notice delivered to the Depositary or requested by the person depositing such Shares with the Depositary, a Receipt or Receipts, registered in the name or names and evidencing any authorized number of American Depositary Shares requested by such person or persons, but only upon payment to the Depositary of the fees fee of the Depositary for the execution and delivery of such Receipt or Receipts as provided in Section 5.09Receipts, and of all taxes and governmental charges and fees, if any, fees payable in connection with such deposit and the transfer of the relevant portion of the Deposited Securities.

Appears in 2 contracts

Samples: Deposit Agreement (Vernalis PLC), Deposit Agreement (British Biotech PLC)

Execution and Delivery of Receipts. Upon receipt by any Custodian of any deposit pursuant to Section 2.022.2 hereunder, together with the other documents required as specified hereinin Section 2.2 above, such Custodian shall notify the Depositary of such deposit and the person or persons to whom or upon whose written order a Receipt or Receipts are deliverable in respect thereof and the number of American Depositary Shares to be evidenced thereby. Such notification shall be made by letter or, at the request, risk and expense of the person making the deposit, by cable, telex or facsimile transmission. Upon receiving such notice from such Custodian, or upon the receipt of Shares by the Depositary, the Depositary, subject to the terms and conditions of this Deposit Agreement, shall execute and deliver at its Corporate Trust Office, to or upon the order of the person or persons entitled thereto, a Receipt or Receipts, registered in the name or names and evidencing any authorized number of American Depositary Shares requested by such person or persons, but only upon payment to the Depositary of the fees and expenses of the Depositary for the execution and delivery of such Receipt or Receipts as provided in Section 5.095.9, and of all taxes taxes, duties and governmental charges and fees, if any, fees payable in connection with such deposit and the transfer of the Deposited Securities. However, the Depositary shall deliver only whole numbers of American Depositary Shares.

Appears in 2 contracts

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

Execution and Delivery of Receipts. Upon receipt by any Custodian of any deposit pursuant to Section 2.022.2 hereunder, together with the other documents required as specified hereinabove specified, such Custodian shall notify the Depositary of such deposit and the person or persons to whom or upon whose written order a Receipt or Receipts are deliverable in respect thereof and the number of American Depositary Shares to be evidenced thereby. Such notification shall be made by letter or, at the request, risk and expense of the person making the deposit, by cable, telex or facsimile transmission. Upon receiving such notice from such Custodian, or upon the receipt of Shares by the Depositary, the Depositary, subject to the terms and conditions of this Deposit Agreement, shall promptly execute and deliver at its Corporate Trust Office, to or upon the order of the person or persons entitled thereto, a Receipt or Receipts, registered in the name or names and evidencing any authorized number of American Depositary Shares requested by such person or persons, but only upon payment to the Depositary of the fees of the Depositary for the execution and delivery of such Receipt or Receipts as provided in Section 5.095.9, and of all taxes and governmental charges and fees, if any, fees payable in connection with such deposit and the transfer of the Deposited Securities.

Appears in 2 contracts

Samples: Deposit Agreement (Scor Holding (Switzerland) LTD), Deposit Agreement (Zurich Financial Services/ /Fi)

Execution and Delivery of Receipts. Upon receipt by any Custodian of any deposit pursuant to Section 2.022.2 hereunder, together with the other documents required as specified hereinabove specified, such Custodian shall notify the Depositary of such deposit and the person or persons to whom or upon whose written order a Receipt or Receipts are deliverable in respect thereof and the number of American Depositary Shares to be evidenced thereby. Such notification shall be made by letter or, at the request, request and risk and expense of the person making the deposit, by cable, telex or facsimile transmission. Upon receiving such notice from such Custodian, or upon the receipt of Shares by the Depositary, the Depositary, subject to the terms and conditions of this Deposit Agreement, shall execute and deliver at its Corporate Trust Office, to or upon the order of the person or persons entitled theretonamed in the notice delivered to the Depositary or requested by the person depositing such Shares with the Depositary, a Receipt or Receipts, registered in the name or names and evidencing any authorized number of American Depositary Shares requested by such person or persons, but only upon payment to the Depositary of the fees fee of the Depositary for the execution and delivery of such Receipt or Receipts as provided in Section 5.09Receipts, and of all taxes and governmental charges and fees, if any, fees payable in connection with such deposit and the transfer of the relevant portion of the Deposited Securities.

Appears in 2 contracts

Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Orbital Engine Corp LTD /Waa)

Execution and Delivery of Receipts. Upon receipt by any Custodian of any deposit pursuant to Section 2.022.02 hereunder, together with the other documents required as specified hereinabove specified, such Custodian shall notify the Depositary of such deposit and the person or persons to whom or upon whose written order a Receipt or Receipts are deliverable in respect thereof and the number of American Depositary Shares to be evidenced thereby. Such notification shall be made by letter or, at the request, risk and expense of the person making the deposit, by cable, telex or facsimile transmission. Upon receiving such notice from such Custodian, or upon the receipt of Shares by the Depositary, the Depositary, subject to the terms and conditions of this Deposit Agreement, shall execute and deliver at its Corporate Trust Office, to or upon the order of the person or persons entitled thereto, a Receipt or Receipts, registered in the name or names and evidencing any authorized number of American Depositary Shares requested by such person or persons, but only upon payment to the Depositary of the fees and expenses of the Depositary for the execution and delivery of such Receipt or Receipts as provided in Section 5.09, and of all taxes and governmental charges and fees, if any, fees payable in connection with such deposit and the transfer of the Deposited Securities.

Appears in 2 contracts

Samples: Deposit Agreement (Merck Serono S.A.), Deposit Agreement (Telekom Austria Ag)

Execution and Delivery of Receipts. Upon receipt by any Custodian of any deposit by delivery pursuant to Section 2.022.02 hereunder, together with the other documents required as specified hereinabove specified, such Custodian shall notify the Depositary of such deposit by delivery and the person or persons to whom or upon whose written order a Receipt or Receipts are deliverable in respect thereof and the number of American Depositary Shares to be evidenced thereby. Such notification shall be made by letter or, at the request, risk and expense of the person making the deposit, by cable, telex or facsimile transmission. Upon receiving such notice from such Custodian, or upon the receipt of Shares by the Depositary, the Depositary, subject to the terms and conditions of this Deposit Agreement, shall execute and deliver at its Corporate Trust Office, to or upon the order of the person or persons entitled thereto, a Receipt or Receipts, registered in the name or names and evidencing any authorized number of American Depositary Shares requested by such person or persons, but only upon payment to the Depositary of the fees and expenses of the Depositary for the execution and delivery of such Receipt or Receipts as provided in Section 5.09, and of all taxes and governmental charges and fees, if any, fees payable in connection with such deposit and the transfer of the Deposited Securities.

Appears in 2 contracts

Samples: Deposit Agreement (Chuo Mitsui Trust Holdings, Inc.), Deposit Agreement (Bank of New York / Adr Division)

Execution and Delivery of Receipts. Upon receipt and acceptance by any the Custodian of any deposit pursuant to Section 2.022.2, together with the other documents required as specified hereinabove, such Custodian shall notify the Depositary of such deposit and the person or persons to whom or upon whose written order a Receipt or Receipts are deliverable in respect thereof and the number of American Depositary Shares to be evidenced thereby. Such notification notifications shall be made by letter or, at the request, request and risk and expense of the person making the deposit, by cable, telex telex, SWIFT or facsimile transmission. Upon receiving such notice from such the Custodian, or upon the receipt of Shares by the Depositary, the Depositary, subject to to, and in accordance with, the terms and conditions of this Deposit Agreement, shall execute and deliver at its Corporate Trust Office, Principal Office to or upon the order of the person or persons entitled theretonamed in the notice delivered to the Depositary, a Receipt or Receipts, registered in the name or names requested by such person or persons and evidencing any authorized in the aggregate the number of American Depositary Shares requested by to which such person or personsis entitled, but only upon payment to the Depositary of the fees fee of the Depositary for the issuance, execution and delivery of such Receipt or Receipts as provided in Section 5.095.9, and of all taxes and governmental charges and fees, if any, fees payable in connection with such deposit and the transfer of the Deposited Securities.

Appears in 1 contract

Samples: Deposit Agreement (Amer Sports Corp /Fi)

Execution and Delivery of Receipts. Upon receipt by any Custodian of any deposit pursuant to Section 2.022.2 hereunder, together with the other documents required as specified hereinabove specified, such Custodian shall notify the Depositary of such deposit and the person or persons to whom or upon whose written order a Receipt or Receipts are deliverable in respect thereof and the number of American Depositary Shares to be evidenced thereby. Such notification shall be made by letter or, at the request, request and risk and expense of the person making the deposit, by cable, telex or facsimile transmission. Upon receiving such notice from such Custodian, or upon the receipt of Shares by the Depositary, the Depositary, subject to the terms and conditions of this Deposit Agreement, shall execute and deliver at its Corporate Trust Officeoffice, to or upon the order of the person or persons entitled theretonamed in the notice delivered to the Depositary or requested by the person depositing such Shares with the Depositary, a Receipt or Receipts, registered in the name or names and evidencing any authorized number of American Depositary Shares requested by such person or persons, but only upon payment to the Depositary of the fees fee of the Depositary for the execution and delivery of such Receipt or Receipts as provided in Section 5.09Receipts, and of all taxes and governmental charges and fees, if any, fees payable in connection with such deposit and the transfer of the Deposited relevant portion of the Deposit Securities.

Appears in 1 contract

Samples: Deposit Agreement (Woodside Petroleum LTD)

Execution and Delivery of Receipts. Upon receipt by any Custodian of any deposit pursuant to Section 2.02, 2.02 hereunder together with the other documents required as specified hereinabove specified, such Custodian shall notify the Depositary of such deposit and the person or persons to whom or upon whose written order a Receipt or Receipts are deliverable in respect thereof and the number of American Depositary Shares to be evidenced thereby. Such notification shall be made by letter or, at the request, risk and expense of the person making the deposit, by cable, telex or facsimile transmission. Upon receiving such notice from such Custodian, or upon the receipt of Shares by the Depositary, the Depositary, subject to the terms and conditions of this Deposit Agreement, shall execute and deliver at its Corporate Trust Office, to or upon the order of the person or persons entitled thereto, a Receipt or Receipts, registered in the name or names and evidencing any authorized number of American Depositary Shares requested by such person or persons, but only upon payment to the Depositary of the fees and expenses of the Depositary for the execution and delivery of such Receipt or Receipts as provided in Section 5.09, and of all taxes and governmental charges and fees, if any, fees payable in connection with such deposit and the transfer of the Deposited Securities.

Appears in 1 contract

Samples: Deposit Agreement (Morphosys Ag)

Execution and Delivery of Receipts. Upon receipt by any the Custodian of any deposit pursuant to Section 2.022.02 hereunder, together with the other documents required as specified hereinabove, such and subject to Section 2.06, the Custodian shall notify the Depositary of such deposit and deposit, the person or persons to whom or upon whose written order a Receipt or Receipts are deliverable in respect thereof and the number of American Depositary Shares to be evidenced represented thereby. Such notification shall be made by letter or, at the request, risk and expense of the person making the deposit, by cable, telex or facsimile transmission. Upon receiving such notice from such the Custodian, or upon the receipt of Shares by the DepositaryDepositary of Shares, the Depositary, subject to the terms and conditions of this Deposit Agreement, shall execute and deliver at to its Corporate Trust Office, Office for delivery to or upon the order of the person or persons entitled theretonamed in the notice delivered to the Depositary, a Receipt or Receipts, registered in the name or names and evidencing any authorized number of American Depositary Shares requested by such person or persons, and evidencing in the aggregate the number of American Depositary Shares to which such person or persons are entitled, but only upon payment to the Depositary of the fees fee of the Depositary for the execution and delivery of such Receipt or Receipts as provided in Section 5.09Receipts, and of all taxes and governmental charges and fees, if any, fees payable in connection with such deposit and the transfer of the Deposited Securities.

Appears in 1 contract

Samples: Deposit Agreement (Group Simec Sa De Cv)

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Execution and Delivery of Receipts. Upon receipt by any Custodian of any deposit of Shares pursuant to Section 2.02, together with the other documents required as specified herein, such Custodian shall notify the Depositary of such deposit and the person or persons to whom or upon whose written order a Receipt or Receipts are deliverable in respect thereof and the number of American Depositary Shares to be evidenced thereby. Such notification shall be made by letter mail or, at the request, risk and expense of the person making the deposit, by air courier, cable, telex or facsimile transmission. Upon receiving such notice from such Custodian, or upon the receipt of Shares by the Depositary, the Depositary, subject to the terms and conditions of this Deposit AgreementAgreement (including, but not limited to the terms and conditions contained in Section 2.02), shall execute and deliver at its Corporate Trust Office, to or upon the order of the person or persons entitled theretonamed in the notice delivered to the Depositary or requested by the person depositing such Shares with the Depositary, a Receipt or Receipts, registered in the such name or names and evidencing any authorized number of American Depositary Shares requested by such person or persons, but only upon payment to the Depositary of the fees fee of the Depositary for the execution and delivery of such Receipt or Receipts as provided in Section 5.09Receipts, and of all taxes and governmental charges and fees, if any, fees payable in connection with such deposit and the transfer of the Deposited Securitiesdeposited Shares.

Appears in 1 contract

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

Execution and Delivery of Receipts. Upon receipt by any Custodian of any deposit pursuant to Section 2.022.02 hereunder, together with the other documents required as specified hereinabove specified, such Custodian shall notify the Depositary of such deposit and the person or persons to whom or upon whose written order a Receipt or Receipts are deliverable in respect thereof and the number of American Depositary Shares to be evidenced thereby. Such notification shall be made by letter or, at the request, risk and expense of the person making the deposit, by cable, telex or facsimile transmission. Upon receiving such notice from such Custodian, or upon the receipt of Shares by the Depositary, the Depositary, subject to the terms and conditions of this Deposit Agreement, shall execute and deliver at its Corporate Trust Office, to or upon the order of the person or persons entitled thereto, a Receipt or Receipts, registered in the name or names and evidencing any authorized number of American Depositary Shares requested by such person or persons, but only upon payment to the Depositary of the fees and expenses of the Depositary for the execution and delivery of such Receipt or Receipts as provided in Section 5.09, and of all taxes and governmental charges and fees, if any, fees payable in connection with such deposit and the transfer of the Deposited Securities.

Appears in 1 contract

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

Execution and Delivery of Receipts. Upon receipt by any Custodian of any deposit pursuant to Section 2.022.2 hereunder, together with the other documents required as specified hereinin Section 2.2 above, such Custodian shall notify the Depositary of such deposit and the person or persons to whom or upon whose written order a Receipt or Receipts are deliverable in respect thereof and the number of American Depositary Shares to be evidenced thereby. Such notification shall be made by letter mail or, at the request, risk and expense of the person making the deposit, by air courier, cable, telex telex, SWIFT, facsimile or facsimile electronic transmission. Upon receiving such notice from such Custodian, or upon the receipt of Shares by the Depositary, the Depositary, subject to the terms and conditions of this Deposit Agreement, shall execute and deliver at its Corporate Trust Office, to or upon the order of the person or persons entitled theretonamed in the notice delivered to the Depositary, a Receipt or Receipts, registered in the name or names requested by such person or persons and evidencing any authorized in the aggregate the number of American Depositary Shares requested by to which such person or personspersons are entitled, but only upon payment to the Depositary of the fees of the Depositary for the execution and delivery of such Receipt or Receipts as provided in Section 5.09, 5.9 and of all taxes and governmental charges and fees, if any, fees payable in connection with such deposit and the transfer of the Deposited Securitiesdeposited Shares.

Appears in 1 contract

Samples: Deposit Agreement (Deutsche Bank Trust Co Americas/ ADR Group)

Execution and Delivery of Receipts. Upon receipt by any Custodian of any deposit pursuant to Section 2.02, 2.02 together with the other documents required as specified hereinabove, such Custodian shall notify the Depositary of such deposit and the person or persons to whom or upon whose written order a Receipt or Receipts are deliverable in respect thereof and the number of American Depositary Shares to be evidenced thereby. Such notification shall be made by letter or, at the request, risk and expense of the person making the deposit, by cable, telex or facsimile transmission. Upon receiving such notice from such Custodian, or upon the receipt of Shares by the Depositary, the Depositary, subject to the terms and conditions of this Deposit Agreement, shall execute and deliver at its Corporate Trust Office, to or upon the order of the person or persons entitled thereto, a Receipt or Receipts, registered in the name or names and evidencing any authorized number of American Depositary Shares requested by such person or persons, but only upon payment to the Depositary of the fees and expenses of the Depositary for the execution and delivery of such Receipt or Receipts as provided in Section 5.09, and of all taxes and governmental charges and fees, if any, fees payable in connection with such deposit and the transfer of the Deposited Securities.

Appears in 1 contract

Samples: Deposit Agreement (Palfinger Ag)

Execution and Delivery of Receipts. Upon receipt by any the Custodian of any deposit pursuant to Section 2.022.2 hereunder, together with the other documents required as specified hereinin Section 2.2, such the Custodian shall notify the Depositary of such deposit and the person or persons to whom or upon whose written order a Receipt or Receipts are deliverable in respect thereof and the number of American Depositary Shares to be evidenced thereby. Such notification shall be made by letter ormail, or at the request, risk and expense of the person making the deposit, by air courier, cable, telex or facsimile transmission. Upon receiving such notice from such Custodian, or upon the receipt Custodian and payment of Shares by the Depositaryfees of the Depositary as provided in Section 5.8, the Depositary, Depositary shall subject to the terms and conditions of this Deposit Agreement, shall execute and deliver at its Corporate Trust Office, Principal Office to or upon the order of the person or persons entitled theretonamed in the notice delivered to the Depositary, a Receipt or Receipts, registered in the name or names requested by such person or persons and evidencing any authorized in the aggregate the number of American Depositary Shares requested by to which such person or personspersons are entitled, but only upon payment to the Depositary of or the fees of the Depositary for the execution and delivery of such Receipt or Receipts as provided in Section 5.09, and Custodian of all taxes taxes, duties and governmental charges and fees, if any, fees payable in connection with such deposit and of Shares, the transfer of the Deposited Securitiesdeposited Shares, and such execution and delivery of Receipts.

Appears in 1 contract

Samples: Deposit Agreement (Rwe Ag /Fi)

Execution and Delivery of Receipts. Upon receipt by any Custodian of any deposit pursuant to Section 2.022.2 hereunder, together with the other documents required as specified hereinin Section 2.2 above, such Custodian shall notify the Depositary of such deposit and the person or persons to whom or upon whose written order a Receipt or Receipts are deliverable in respect thereof and the number of American Depositary Shares to be evidenced thereby. Such notification shall be made by letter mail or, at the request, risk and expense of the person making the deposit, by air courier, cable, telex or facsimile transmission. Upon receiving such notice from such Custodian, or upon the receipt of Shares by the Depositary, the Depositary, subject to the terms and conditions of this Deposit Agreement, shall execute and deliver at its Corporate Trust Office, to or upon the order of the person or persons entitled theretonamed in the notice delivered to the Depositary, a Receipt or Receipts, registered in the name or names requested by such person or persons and evidencing any authorized in the aggregate the number of American Depositary Shares requested by to which such person or personspersons are entitled, but only upon payment to the Depositary of the fees of the Depositary for the execution and delivery of such Receipt or Receipts as provided in Table of Contents Section 5.09, 5.9 and of all taxes and governmental charges and fees, if any, fees payable in connection with such deposit and the transfer of the Deposited Securitiesdeposited Shares.

Appears in 1 contract

Samples: Deposit Agreement (Sap Aktiengesellschaft Systems Applications Products in Data)

Execution and Delivery of Receipts. Upon receipt by any the Custodian of any deposit pursuant to Section 2.022.2 hereunder, together with the other documents required as specified hereinin Section 2.2, such the Custodian shall notify the Depositary of such deposit and the person or persons to whom or upon whose written order a Receipt or Receipts are deliverable in respect thereof and the number of American Depositary Shares to be evidenced thereby. Such notification shall be made by letter orletter, or at the request, risk and expense of the person making the deposit, by air courier, cable, telex or facsimile transmission. Upon receiving such notice from such Custodian, or upon the receipt Custodian and payment of Shares the issuance fee specified in Section 5.8 hereof by the Depositaryperson to whom the Receipt is to be issued, the Depositary, Depositary shall subject to the terms and conditions of this Deposit Agreement, shall execute and deliver at its Corporate Trust Office, Principal Office to or upon the order of the person or persons entitled theretonamed in the notice delivered to the Depositary, a Receipt or Receipts, registered in the name or names requested by such person or persons and evidencing any authorized in the aggregate the number of American Depositary Shares requested by to which such person or personspersons are entitled, but only upon payment to the Depositary of or the fees of the Depositary for the execution and delivery of such Receipt or Receipts as provided in Section 5.09, and Custodian of all taxes taxes, duties and governmental charges and fees, if any, fees payable in connection with such deposit and the transfer of the Deposited Securitiesdeposited Shares by the person to whom the Receipt is to be issued.

Appears in 1 contract

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

Execution and Delivery of Receipts. Upon receipt by any Custodian of any deposit pursuant to Section 2.022.2 hereunder, together with the other documents required as specified hereinin Section 2.2 above, such Custodian shall notify the Depositary of such deposit and the person or persons to whom or upon whose written order a Receipt or Receipts are deliverable in respect thereof and the number of American Depositary Shares to be evidenced thereby. Such notification shall be made by letter mail or, at the request, risk and expense of the person making the deposit, by air courier, cable, telex or facsimile transmission. Upon receiving such notice from such Custodian, or upon the receipt of Shares by the Depositary, the Depositary, subject to the terms and conditions of this Deposit Agreement, shall execute and deliver at its Corporate Trust Office, to or upon the order of the person or persons entitled theretonamed in the notice delivered to the Depositary, a Receipt or Receipts, registered in the name or names requested by such person or persons and evidencing any authorized in the aggregate the number of American Depositary Shares requested by to which such person or personspersons are entitled, but only upon payment to the Depositary of the fees of the Depositary for the execution and delivery of such Receipt or Receipts as provided in Section 5.09, 5.9 and of all taxes and governmental charges and fees, if any, fees payable in connection with such deposit and the transfer of the Deposited Securitiesdeposited Shares.

Appears in 1 contract

Samples: Deposit Agreement (Sap Aktiengesellschaft Systems Applications Products in Data)

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