Fractional Shares and ADSs. Notwithstanding anything to the contrary in the Deposit Agreement, the Company will not deliver to the Depositary or the Custodian in connection with the issuance of ADSs upon exercise of Warrants, and neither the Depositary nor the Custodian shall accept, under any circumstances (a) any fraction of a Share, nor (b) a number of Shares which upon application of the ADS-to-Share ratio would give rise to a fraction of a Warrant ADS.
Appears in 12 contracts
Samples: Letter Agreement (Citibank,N.A./ADR), Letter Agreement (Citibank,N.A./ADR), Letter Agreement (Citibank,N.A./ADR)
Fractional Shares and ADSs. Notwithstanding anything to the contrary in the ADS Deposit Agreement, the Company will not deliver to the Depositary or the Custodian in connection with the issuance of ADSs upon exercise conversion of WarrantsNotes, and neither the Depositary nor the Custodian shall not be required to accept, under any circumstances (a) any fraction of a Share, nor (b) a number of Shares which upon application of the ADS-to-Share ratio would give rise to a fraction of a Warrant an ADS.
Appears in 2 contracts
Samples: Letter Agreement (Citibank,N.A./ADR), Citibank,N.A./ADR
Fractional Shares and ADSs. Notwithstanding anything to the contrary in the Deposit Agreement, the Company will not deliver to the Depositary or the Custodian in connection with the issuance of ADSs upon exercise conversion of WarrantsNotes, and neither the Depositary nor and the Custodian shall accept, not be required to accept under any circumstances (a) any fraction of a Share, Share nor (b) a number of Shares which upon application of the ADS-to-Share ratio would give rise to a fraction of a Warrant an ADS.
Appears in 2 contracts
Samples: Fresh2 Group Limited (Citibank,N.A./ADR), Citibank,N.A./ADR
Fractional Shares and ADSs. Notwithstanding anything to the contrary in the Deposit Agreement, the Company will not deliver to the Depositary or the Custodian in connection with the issuance of ADSs upon exercise exchange of WarrantsNotes, and neither the Depositary nor the Custodian shall not be required to accept, under any circumstances (ai) any fraction of a Share, nor (bii) a number of Shares which upon application of the ADS-to-Share ratio would give rise to a fraction of a Warrant an ADS.
Appears in 1 contract
Samples: Letter Agreement (Citibank,N.A./ADR)
Fractional Shares and ADSs. Notwithstanding anything to the contrary in the Deposit Agreement, the Company will not deliver to the Depositary or the Custodian in connection with the issuance of ADSs or Conversion Restricted ADSs, as applicable, upon exercise Conversion of WarrantsNotes, and neither the Depositary nor the Custodian shall accept, not be required to accept under any circumstances (ai) any fraction of a Share or Conversion Restricted Share, as applicable, nor (bii) a number of Shares or Conversion Restricted Shares, as applicable, which upon application of the ADS-to-ADS to Share ratio would give rise to a fraction of an ADS or a Warrant Conversion Restricted ADS, as applicable.
Appears in 1 contract
Samples: Letter Agreement (Citibank,N.A./ADR)
Fractional Shares and ADSs. Notwithstanding anything to the contrary in the ADS Deposit Agreement, the Company will not deliver to the Depositary or the Custodian in connection with the issuance of ADSs upon exercise conversion of Warrantsthe Note, and neither the Depositary nor the Custodian shall not be required to accept, under any circumstances (a) any fraction of a Share, nor (b) a number of Shares which upon application of the ADS-to-Share ratio would give rise to a fraction of a Warrant an ADS.
Appears in 1 contract
Samples: Citibank,N.A./ADR
Fractional Shares and ADSs. Notwithstanding anything to the contrary in the Deposit Agreement, the Company will not deliver to the Depositary or the Custodian in connection with the issuance of ADSs or Restricted ADSs, as applicable, upon exercise exchange of WarrantsNotes, and neither the Depositary nor the Custodian shall not be required to accept, under any circumstances (a) any fraction of a Share, nor (b) a number of Shares which upon application of the ADS- or Restricted ADS-to-Share ratio would give rise to a fraction of a Warrant an ADS or Restricted ADS.
Appears in 1 contract
Samples: Citibank,N.A./ADR
Fractional Shares and ADSs. Notwithstanding anything to the contrary in the Deposit Agreement, the Company will not deliver to the Depositary or the Custodian in connection with the issuance of ADSs upon exercise conversion of WarrantsNotes, and neither the Depositary nor and the Custodian shall accept, not be required to accept under any circumstances (a) any fraction of a Share, Share nor (b) a number of Shares which upon application of the ADS-to-ADS to Share ratio would give rise to a fraction of a Warrant an ADS.
Appears in 1 contract
Samples: Note Conversion Letter Agreement (Citibank,N.A./ADR)
Fractional Shares and ADSs. Notwithstanding anything to the contrary in the Deposit Agreement, the Company will not deliver to the Depositary or the Custodian in connection with the issuance of ADSs or Conversion Restricted ADSs, as applicable, upon exercise Conversion of WarrantsNotes, and neither the Depositary nor the Custodian shall accept, not be required to accept under any circumstances (a) any fraction of a Share, nor (b) a number of Shares which upon application of the ADS-to-Share ratio would give rise to a fraction of a Warrant ADS.circumstances
Appears in 1 contract
Samples: Letter Agreement (Citibank,N.A./ADR)
Fractional Shares and ADSs. Notwithstanding anything to the contrary in the Deposit Agreement, the Company will not deliver to the Depositary or the Custodian in connection with the issuance of ADSs upon exercise conversion of WarrantsNotes, and neither the Depositary nor the Custodian shall accept, not be required to accept under any circumstances (a) any fraction of a Share, nor (b) a number of Shares which upon application of the ADS-to-Share ratio would give rise to a fraction of a Warrant ADS.a
Appears in 1 contract
Samples: Tata Motors LTD/Fi