Legal Prohibitions. Notwithstanding anything else contained in this Agreement, the Depositary shall not have any obligation to take any action with respect to any meeting of holders of Shares or other Deposited Securities if the taking of such action violates U.S. laws. The Issuer agrees to take any and all actions reasonably necessary to enable Holders and Beneficial Owners to exercise the voting rights accruing to the Shares or other Deposited Securities and to deliver to the Depositary an opinion of Issuer's U.S. counsel addressing any actions requested to be taken if requested by the Depositary.
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Samples: Deposit Agreement (TNT N.V./ADR), Deposit Agreement (TNT Post Group Nv), Deposit Agreement (JPMorgan Chase Bank, N.A. - ADR Depositary)
Legal Prohibitions. Notwithstanding anything else contained in this Deposit Agreement, the Depositary shall not have any obligation to take any action with respect to any meeting of holders of Shares or other Deposited Securities if the taking of such action violates U.S. laws. The Issuer Company agrees to take any and all actions reasonably necessary to enable Holders and Beneficial Owners to exercise the voting rights accruing to the Shares or other Deposited Securities and to deliver to the Depositary an opinion of Issuer's the Company’s U.S. counsel addressing any actions requested to be taken if requested by the Depositary.
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