Common use of Liability of Holder for Taxes Clause in Contracts

Liability of Holder for Taxes. If any tax or other governmental charge shall become payable by the Depositary with respect to this Receipt or any Deposited Securities represented hereby, such tax or other governmental charge shall be payable by the holder hereof to the Depositary. The Depositary may refuse to effect any transfer or interchange of this Receipt, or any withdrawal of Deposited Securities represented hereby, until such payment is made, and may withhold any dividends or other distributions, or may sell (after attempting by reasonable means to notify the holder prior to such sale) for the account of the holder hereof any part or all of the Deposited Securities represented hereby, and may apply such dividends or other distributions or the proceeds of any such sale toward such tax or other governmental charge, the holder hereof remaining liable for any deficiency.

Appears in 4 contracts

Samples: Deposit Agreement (Citibank,N.A./ADR), Deposit Agreement (Mitsui & Co LTD), Deposit Agreement (Citibank,N.A./ADR)

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Liability of Holder for Taxes. If any tax or other governmental charge shall become payable by the Depositary with respect to this Receipt or any Deposited Securities represented hereby, such tax or other governmental charge shall be payable by the holder Holder hereof to the Depositary. The Depositary may refuse to effect any registration of transfer or interchange of this Receipt, Receipt or any withdrawal of Deposited Securities represented hereby, hereby until such payment is made, and may withhold any dividends or other distributions, or may sell (after attempting by reasonable means to notify the holder prior to such sale) for the account of the holder Holder hereof any part or all of the Deposited Securities represented hereby, and may apply such dividends or other distributions or the proceeds of any such sale toward in payment of such tax or other governmental charge, the holder Holder hereof remaining liable for any deficiency.

Appears in 4 contracts

Samples: Deposit Agreement (Icon PLC /Adr/), Deposit Agreement (Icon PLC /Adr/), Deposit Agreement (Atlas Copco Ab)

Liability of Holder for Taxes. If any Any tax or other governmental charge shall become payable by the Depositary with respect to this Receipt or any Deposited Securities represented hereby, such tax or other governmental charge hereby shall be payable by the holder hereof to the Depositary. The Depositary may refuse to effect any transfer or interchange of this Receipt, or any withdrawal of Deposited Securities represented hereby, until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the holder hereof (after attempting by reasonable means to notify the holder prior to such sale) for the account of the holder hereof any part or all of the Deposited Securities represented hereby, and may apply such dividends or other distributions or the proceeds of any such sale toward in payment of such tax or other governmental charge, the record holder hereof remaining liable for any deficiency.

Appears in 4 contracts

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

Liability of Holder for Taxes. If any tax or other governmental charge shall become payable by the Depositary with respect to this Receipt or any Deposited Securities represented hereby, such tax or other governmental charge shall be payable by the holder Holder hereof to the Depositary. The Depositary may refuse to effect any registration of transfer or interchange of this Receipt, Receipt or any withdrawal of Deposited Securities represented hereby, hereby until such payment is made, and may may, in the event of non-payment or any deficiency in payments, withhold any dividends or other distributions, or may sell (after attempting by reasonable means to notify the holder prior to such sale) for the account of the holder Holder hereof any part or all of the Deposited Securities represented hereby, and may apply such dividends or other distributions or the proceeds of any such sale toward in payment of such tax or other governmental charge, the holder Holder hereof remaining liable for any deficiency.

Appears in 3 contracts

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

Liability of Holder for Taxes. If any tax or other governmental charge shall become payable by the Depositary with respect to this Receipt or any Deposited Securities represented hereby, such tax or other governmental charge shall be payable by the holder hereof to the Depositary. The Depositary may refuse to effect any transfer or interchange of this Receipt, Receipt or any withdrawal of Deposited Securities represented hereby, until such payment is made, and may withhold any dividends or other distributions, or may sell (after attempting by reasonable means to notify the holder prior to such sale) for the account of the holder hereof any part or all of the Deposited Securities represented hereby, and may apply such dividends or other distributions or the proceeds of any such sale toward in payment of such tax or other governmental charge, the record holder hereof remaining liable for any deficiency.

Appears in 1 contract

Samples: Deposit Agreement (Tubes of Steel of Mexico Sa)

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Liability of Holder for Taxes. If any tax or other governmental charge shall become payable by the Custodian or the Depositary with respect to this Receipt or any Deposited Securities represented herebyunderlying this Receipt, such tax or other governmental charge shall be payable by the holder Holder hereof to the Depositary. The Depositary may refuse to effect any registration of transfer or interchange of this Receipt, Receipt or any withdrawal of Deposited Securities represented hereby, underlying this Receipt until payment of such payment tax or other governmental charge is made, and may withhold any dividends or other distributions, or may sell (after attempting by reasonable means to notify the holder prior to such sale) for the account of the holder Holder hereof any part or all of the Deposited Securities represented herebyunderlying this Receipt, and may apply such dividends or other distributions or the proceeds of any such sale toward in payment of such tax or other governmental charge, the holder Holder hereof remaining liable for any deficiency.

Appears in 1 contract

Samples: Deposit Agreement (Oce N V)

Liability of Holder for Taxes. If any Any tax or other governmental charge shall become payable by the Depositary with respect to this Receipt or any Deposited Securities represented hereby, such tax or other governmental charge hereby shall be payable by the holder hereof to the Depositary. The Depositary may refuse to effect any transfer or interchange of this Receipt, or any withdrawal of Deposited Securities represented hereby, hereby until such payment is made, and may withhold any dividends or other distributions, distributions or may sell (after attempting by reasonable means to notify the holder prior to such sale) for the account of the holder hereof any part or all of the Deposited Securities represented hereby, and may apply such dividends or other distributions or the proceeds of any such sale toward such tax or other governmental charge, the holder hereof remaining liable for any deficiency.

Appears in 1 contract

Samples: Deposit Agreement (Honda Motor Co LTD)

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