Common use of Issue of ADRs Clause in Contracts

Issue of ADRs. After any such deposit of Shares, the Custodian shall notify the Depositary of such deposit and of the information contained in any related Delivery Order by letter, first class airmail postage prepaid, or, at the request, risk and expense of the person making the deposit, by cable, telex or facsimile transmission. After receiving such notice from the Custodian (or such other evidence as the Company may accept), the Depositary, subject to this Deposit Agreement, shall properly issue or execute and deliver, as the case may be, at the Transfer Office, to or upon the order of any person named in such notice, an ADR or ADRs registered as requested and evidencing the aggregate ADSs to which such person is entitled.

Appears in 2 contracts

Samples: Deposit Agreement (Olivetti Spa), Deposit Agreement (Olivetti Spa)

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Issue of ADRs. After any such deposit of SharesShares pursuant to Section 3, the Custodian shall notify the Depositary of such deposit and of the information contained in any related Delivery Order by letter, first class airmail postage prepaid, or, at the request, risk and expense of the person making the deposit, by cable, telex or facsimile transmission. After receiving such notice from the Custodian (or such other evidence as the Company may accept)Custodian, the Depositary, subject to this the Deposit Agreement, shall properly issue or execute and deliver, as the case may be, deliver at the Transfer Office, to or upon the order of any person named in such notice, an ADR or ADRs registered as requested and evidencing the aggregate number of ADSs to which such person is entitled.

Appears in 1 contract

Samples: Deposit Agreement (Abn Amro Holding N V)

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Issue of ADRs. After As promptly as practicable after any such deposit of Shares, the Custodian shall notify the Depositary of such deposit and of the information contained in any related Delivery Order by letter, first class airmail postage prepaid, or, at the request, risk and expense of the person making the deposit, by cable, telex or facsimile transmission. After As promptly as practicable after receiving such notice from the Custodian (or such other evidence as the Company may accept)Custodian, the Depositary, subject to this Deposit Agreement, shall properly issue or execute and deliver, as the case may be, at the Transfer Office, to or upon the order of any person named in such notice, an ADR or ADRs registered as requested and evidencing the aggregate ADSs to which such person is entitled.

Appears in 1 contract

Samples: Deposit Agreement (Roche Holding LTD)

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