Liability of Holder for Taxes and Other Charges. If any tax or other governmental charge shall become payable by the Depositary or any Custodian with respect to any Receipt or any Deposited Securities represented by the American Depositary Shares evidenced by any Receipt, such tax or other governmental charge shall be payable by the Holder of such Receipt to the Depositary. The Depositary may refuse to effect any registration or transfer of such Receipt or any withdrawal of Deposited Securities represented by the American Depositary Shares evidenced thereby until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Holder thereof any part or all of the Deposited Securities represented by the American Depositary Shares evidenced by such Receipt, and may apply such dividends or other distributions or other proceeds of any such sale in payment of such tax or other governmental charge, the Holder of such Receipt remaining liable for any deficiency.
Appears in 2 contracts
Samples: Deposit Agreement (Henderson Land Development Company LTD /Fi), Deposit Agreement (Lenovo Group LTD)
Liability of Holder for Taxes and Other Charges. If any tax or other governmental charge shall become payable by the Depositary or any Custodian with respect to any Receipt or any Deposited Securities represented by the American Depositary Shares evidenced by any Receipthereby, such tax or other governmental charge shall be payable by the Holder of such Receipt hereof to the Depositary. The Depositary may refuse to to, effect any registration or transfer of such this Receipt or any withdrawal of Deposited Securities represented by the American Depositary Shares evidenced thereby hereby until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Holder thereof hereof any part or all of the Deposited Securities represented by the American Depositary Shares evidenced by such this Receipt, and may apply such dividends or other distributions or other the proceeds of any such sale in payment of such tax or other governmental charge, the Holder of such Receipt hereof remaining liable for any deficiency.
Appears in 1 contract
Samples: Deposit Agreement (Henderson Land Development Company LTD /Fi)
Liability of Holder for Taxes and Other Charges. If any tax or other governmental charge shall become payable by the Depositary or any Custodian with respect to any Receipt or any Deposited Securities represented by the American Depositary Shares evidenced by any Receipthereby, such tax or other governmental charge shall be payable by the Holder of such Receipt hereof to the Depositary. The Depositary may refuse to effect any registration or transfer of such this Receipt or any withdrawal of Deposited Securities represented by the American Depositary Shares evidenced thereby hereby until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Holder thereof hereof any part or all of the Deposited Securities represented by the American Depositary Shares evidenced by such this Receipt, and may apply such dividends or other distributions or other the proceeds of any such sale in payment of such tax or other governmental charge, the Holder of such Receipt hereof remaining liable for any deficiency.
Appears in 1 contract
Samples: Deposit Agreement (Lenovo Group LTD)