Common use of Execution Report (FEFTA Designated Business) Clause in Contracts

Execution Report (FEFTA Designated Business). The Depositary has been advised that, under FEFTA as in effect as of the date of the Deposit Agreement, it is required to report to the applicable Japanese governmental authorities (“FEFTA Execution Report(s)”) within 45 days after accepting Shares for deposit, if (x) the Company has informed the Depositary that the Company and/or the other FEFTA Covered Entities engage in any FEFTA Designated Business, and (ii) the Depositary has made the FEFTA Pre-Notification and accepted the Shares after Satisfactory Expiration of the FEFTA Statutory Waiting Period. The Depositary agrees with the Company to file such FEFTA Execution Report if required to do so under FEFTA.

Appears in 2 contracts

Samples: Deposit Agreement (Citibank,N.A./ADR), Deposit Agreement (HW Electro Co., Ltd.)

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Execution Report (FEFTA Designated Business). The Depositary has been advised that, under FEFTA as in effect as of the date of the Deposit Agreement, it is required to report to the applicable Japanese governmental authorities (“FEFTA Execution Report(s)”) within 45 days after accepting Shares for deposit, if (x) the Company has informed the Depositary that the Company and/or the other FEFTA Covered Entities engage in any FEFTA Designated Business, and (iiy) the Depositary has made the FEFTA Pre-Notification and accepted the Shares after Satisfactory Expiration of the FEFTA Statutory Waiting Period. The Depositary agrees with the Company to file such FEFTA Execution Report if required to do so under FEFTA.. 42

Appears in 1 contract

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

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Execution Report (FEFTA Designated Business). The Depositary has been advised that, under FEFTA as in effect as of the date of the Deposit Agreement, it is required to report to the applicable Japanese governmental authorities (“FEFTA Execution Report(s)”) within 45 days after accepting Shares for deposit, if (x) the Company has informed the Depositary that the Company and/or the other FEFTA Covered Entities engage in any FEFTA Designated Business, and (iiy) the Depositary has made the FEFTA Pre-Notification and accepted the Shares after Satisfactory Expiration of the FEFTA Statutory Waiting Period. The Depositary agrees with the Company to file such FEFTA Execution Report if required to do so under FEFTA.

Appears in 1 contract

Samples: Deposit Agreement (HW Electro Co., Ltd.)

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