Common use of Liability of Holders and Beneficial Owners for Taxes and Other Charges Clause in Contracts

Liability of Holders and Beneficial Owners for Taxes and Other Charges. If any Indian or other tax or governmental charge shall become payable with respect to any GDR or any Deposited Securities represented by the GDSs evidenced by any GDR, such tax or other governmental charge shall be payable by the Holder of such GDR to the Depositary and any Beneficial Owner of such GDR shall be liable to the Holder therefor. The Depositary may, and upon the instructions of the Company shall, refuse to effect any registration of transfer of all or part of such GDR or any withdrawal of Deposited Securities represented by the GDSs 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 GDSs evidenced by such GDR, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge, the Holder and the Beneficial Owners of such GDR remaining liable for any deficiency.

Liability of Holders and Beneficial Owners for Taxes and Other Charges. If any Indian or other tax or governmental charge shall become payable with respect to any International GDR or any Deposited Securities represented by the International GDSs evidenced by any International GDR, such tax or other governmental charge shall be payable by the Holder of such International GDR to the Depositary and any Beneficial Owner of such International GDR shall be liable to the Holder therefor. The Depositary may, may (and upon at the instructions request of the Company shall) refuse, refuse and the Company shall be under no obligation, to effect any registration of transfer of all or part of such International GDR or any withdrawal of Deposited Securities represented by the International GDSs 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 International GDSs evidenced by such International GDR, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge, the Holder and the Beneficial Owners of such International GDR remaining liable for any deficiency.

Liability of Holders and Beneficial Owners for Taxes and Other Charges. If any Indian Korean or other tax or governmental charge charge, including any interest and penalties thereon, shall become payable with respect to any GDR or any Deposited Securities represented by the GDSs evidenced by any GDR, such tax tax, governmental charge, or other governmental charge interest and penalties thereon, shall be payable by the Holder of such GDR to the Depositary and any Beneficial Owner of such GDR shall be liable to the Holder thereforthereof. The Depositary maymay refuse, and upon the instructions of the Company shallshall be under no obligation, refuse to effect any registration of transfer of all or part of such GDR or to execute and deliver any new GDR or GDRs or to permit any deposit or any withdrawal of Deposited Securities represented by the GDSs 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 GDSs evidenced by such GDR, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge, including any interest and penalties thereon, the Holder and the Beneficial Owners of such GDR remaining liable for any deficiency.