Common use of LIABILITY OF OWNER FOR TAXES Clause in Contracts

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable with respect to any American Depositary Shares or any Deposited Securities represented by any American Depositary Shares, such tax or other governmental charge shall be payable by the Owner to the Depositary. The Depositary may refuse to register any transfer of those American Depositary Shares or any withdrawal of Deposited Securities represented by those American Depositary Shares until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Owner any part or all of the Deposited Securities represented by those American Depositary Shares, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge and the Owner shall remain liable for any deficiency.

Appears in 345 contracts

Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Bank of New York / Adr Division)

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LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable with respect to any American Depositary Shares Receipt or any Deposited Securities represented by any American Depositary Shareshereby, such tax or other governmental charge shall be payable by the Owner hereof to the Depositary. The Depositary may refuse to register effect any transfer of those American Depositary Shares this Receipt or any withdrawal of Deposited Securities represented by those American Depositary Shares evidenced by such Receipt until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Owner hereof any part or all of the Deposited Securities represented by those the American Depositary SharesShares evidenced by this Receipt, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge and the Owner hereof shall remain liable for any deficiency.

Appears in 216 contracts

Samples: Deposit Agreement, Deposit Agreement (Deutsche Bank Trust Co Americas/ ADR Group), Deposit Agreement (Bank of New York / Adr Division)

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable with respect to any American Depositary Shares or any Deposited Securities represented by any American Depositary Shares, such tax or other governmental charge shall be payable by the Owner to the Depositary. The Depositary may may, and upon receipt of instructions from the Company shall, refuse to register any transfer of those American Depositary Shares or any withdrawal of Deposited Securities represented by those American Depositary Shares until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Owner any part or all of the Deposited Securities represented by those American Depositary Shares, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge and the Owner shall remain liable for any deficiency.

Appears in 77 contracts

Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Immuron LTD), Deposit Agreement (Immuron LTD)

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable with respect to any American Depositary Shares Receipt or any Deposited Securities represented by any American Depositary Shareshereby, such tax or other governmental charge shall be payable by the Owner hereof to the Depositary. The Depositary may refuse to register effect any transfer of those American Depositary Shares this Receipt or any withdrawal of Deposited Securities represented by those American Depositary Shares evidenced by such Receipt until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Owner hereof any part or all of the Deposited Securities represented by those the American Depositary SharesShares evidenced by this Receipt, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge and the Owner hereof shall remain liable for any deficiency. 5.

Appears in 28 contracts

Samples: Deposit Agreement (Acom Co LTD /Fi), Deposit Agreement (Belluna Co LTD/Adr), Deposit Agreement (Enterprise Solutions Asia Pacific LTD \Adr\)

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable with respect to any American Depositary Shares or any Deposited Securities represented by any American Depositary Shares, such tax or other governmental charge shall be payable by the Owner to the Depositary. The Depositary may refuse to register any transfer of those American Depositary Shares or any withdrawal of Deposited Securities represented by those American Depositary Shares until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Owner any part or all of the Deposited Securities represented by those American Depositary Shares, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge and the Owner shall remain liable for any deficiency. Neither the Company nor the Depositary shall be liable for failure of an Owner to comply with applicable tax laws or governmental charges.

Appears in 11 contracts

Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Sibanye Stillwater LTD)

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge imposed by applicable law shall become payable with respect to any American Depositary Shares or any Deposited Securities represented by any American Depositary Shares, such tax or other governmental charge shall be payable by the Owner to the Depositary. The Depositary may refuse to register any transfer of those American Depositary Shares or any withdrawal of Deposited Securities represented by those American Depositary Shares until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Owner any part or all of the Deposited Securities represented by those American Depositary Shares, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge and the Owner shall remain liable for any deficiency.

Appears in 10 contracts

Samples: Deposit Agreement (Ascendis Pharma a/S), Deposit Agreement (Ascendis Pharma a/S), Deposit Agreement (MiX Telematics LTD)

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable with respect to any American Depositary Shares Receipt or any Deposited Securities represented by any American Depositary Sharescorresponding hereto, such tax or other governmental charge shall be payable by the Owner hereof to the Depositary. The Depositary may refuse to register effect any transfer of those American Depositary Shares this Receipt or any withdrawal of Deposited Securities represented by those corresponding to American Depositary Shares evidenced by such Receipt until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Owner hereof any part or all of the Deposited Securities represented by those corresponding to the American Depositary SharesShares evidenced by this Receipt, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge and the Owner hereof shall remain liable for any deficiency.

Appears in 7 contracts

Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Publicis Groupe Sa), Deposit Agreement (Flamel Technologies Sa)

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable with respect to any American Depositary Shares Receipt or any Deposited Securities represented by any American Depositary Shareshereby, such tax or other governmental charge shall be payable by the Owner hereof to the Depositary. The Depositary may refuse to register effect any transfer of those American Depositary Shares this Receipt or any withdrawal of Deposited Securities represented by those American Depositary Shares evidenced by such Receipt until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Owner hereof any part or all of the Deposited Securities represented by those the American Depositary SharesShares evidenced by this Receipt, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge and charge, the Owner hereof shall remain liable for any deficiency.

Appears in 3 contracts

Samples: Deposit Agreement (Deutsche Bank Trust Co Americas/ ADR Group), Deposit Agreement (Tesco PLC /Fi), Deposit Agreement (London Pacific Group LTD)

LIABILITY OF OWNER FOR TAXES. If any present or future tax or other governmental charge shall become payable with respect to any American Depositary Shares or any Deposited Securities represented by any American Depositary Shares, such tax or other governmental charge shall be the sole responsibility of the Owner of such American Depositary Shares, payable by the such Owner to the Depositary. The Depositary may refuse to register any transfer of those American Depositary Shares or any withdrawal of Deposited Securities represented by those American Depositary Shares until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Owner any part or all of the Deposited Securities represented by those American Depositary Shares, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge and the Owner shall remain liable for any deficiency.

Appears in 3 contracts

Samples: Deposit Agreement (Takeda Pharmaceutical Co LTD), Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Bank of New York / Adr Division)

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable with respect to any American Depositary Shares Receipt or any Deposited Securities represented by any American Depositary Shareshereby, such tax or other governmental charge shall be payable by the Owner hereof to the Depositary. The Depositary may refuse to register effect any transfer of those American Depositary Shares this Receipt or any withdrawal of Deposited Securities represented by those American Depositary Shares evidenced by this Receipt until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Owner hereof any part or all of the Deposited Securities represented by those the American Depositary SharesShares evidenced by this Receipt, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge and the Owner hereof shall remain liable for any deficiency.

Appears in 3 contracts

Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Bookham Technology PLC), Deposit Agreement (Wacoal Corp)

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge charge, including any stamp duty reserve tax, shall become payable with respect to any American Depositary Shares or any Deposited Securities represented by any American Depositary Shares, such tax or other governmental charge shall be payable by the Owner to the Depositary. The Depositary may refuse to register any transfer of those American Depositary Shares or any withdrawal of Deposited Securities represented by those American Depositary Shares until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Owner any part or all of the Deposited Securities represented by those American Depositary Shares, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge and the Owner shall remain liable for any deficiency.

Appears in 2 contracts

Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Royal Bank of Scotland Group PLC)

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable with respect to any American Depositary Shares Receipt or any Deposited Securities represented by any American Depositary SharesReceipt, such tax or other governmental charge shall be payable by the Owner such Receipt to the Depositary. The Depositary may refuse to register effect any transfer of those American Depositary Shares or any withdrawal of Deposited Securities represented by those American Depositary Shares evidenced by such Receipt until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Owner thereof any part or all of the Deposited Securities represented by those the American Depositary SharesShares evidenced by such Receipt, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge and the Owner of such Receipt shall remain liable for any deficiency.

Appears in 2 contracts

Samples: Deposit Agreement (Zindart Industrial Co LTD), Deposit Agreement (Zindart Industrial Co LTD)

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable with respect to any Receipt, any American Depositary Shares Share or any Deposited Securities represented by any American Depositary Shareshereby, such tax or other governmental charge shall be payable by the Owner hereof to the Depositary. The Depositary may refuse to register effect any transfer of those American Depositary Shares this Receipt or any withdrawal of Deposited Securities represented by those American Depositary Shares evidenced by such Receipt until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Owner hereof any part or all of the Deposited Securities represented by those the American Depositary SharesShares evidenced by this Receipt, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge and the Owner hereof shall remain liable for any deficiency. 5.

Appears in 2 contracts

Samples: Deposit Agreement (Macquarie Bank LTD), Deposit Agreement (Psiron LTD)

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental government charge shall become payable with respect to any American Depositary Shares Receipt or any Deposited Securities represented by any American Depositary Shareshereby, such tax or other governmental charge shall be payable by the Owner hereof to the Depositary. The Depositary may refuse to register effect any transfer or registration of those American Depositary Shares this Receipt or any withdrawal of Deposited Securities represented by those American Depositary Shares evidenced by such Receipt until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Owner hereof any part or all of the Deposited Securities represented by those the American Depositary SharesShares evidenced by this Receipt, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge and the Owner hereof shall remain liable for any deficiency.

Appears in 2 contracts

Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Newcrest Mining LTD /Fi)

LIABILITY OF OWNER FOR TAXES. If any applicable tax or other governmental charge shall become payable with respect to any American Depositary Shares or any Deposited Securities represented by any American Depositary Shares, such tax or other governmental charge shall be payable by the Owner to the Depositary. The Depositary may refuse to register any transfer of those American Depositary Shares or any withdrawal of Deposited Securities represented by those American Depositary Shares until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Owner any part or all of the Deposited Securities represented by those American Depositary Shares, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge and the Owner shall remain liable for any deficiency.

Appears in 2 contracts

Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Avianca Holdings S.A.)

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge of any kind shall become payable with respect to any American Depositary Shares or any Deposited Securities represented by any American Depositary Shares, such tax or other governmental charge shall be payable by the Owner Holders and Owners to the Depositary. The Depositary may refuse to register any transfer of those American Depositary Shares or any withdrawal of Deposited Securities represented by those American Depositary Shares until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Owner any part or all of the Deposited Securities represented by those American Depositary Shares, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge and the Holder and Owner shall remain fully liable for any deficiency.

Appears in 2 contracts

Samples: Deposit Agreement (Criteo S.A.), Deposit Agreement (Bank of New York / Adr Division)

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable with respect to any American Depositary Shares Receipt or any Deposited Securities represented by any American Depositary Sharescorresponding hereto, such tax or other governmental charge shall be payable by the Owner hereof to the Depositary. The Depositary may refuse to register effect any transfer of those American Depositary Shares this Receipt or any withdrawal of Deposited Securities represented by those corresponding to American Depositary Shares evidenced by such Receipt until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Owner hereof any part or all of the Deposited Securities represented by those corresponding to the American Depositary SharesShares evidenced by this Receipt, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge and the Owner hereof shall remain liable for any deficiency. 5.

Appears in 2 contracts

Samples: Deposit Agreement (Publicis Groupe Sa), Deposit Agreement (Publicis Groupe Sa)

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable with respect to any American Depositary Shares or any Deposited Securities represented by any American Depositary Shares, such tax or other governmental charge shall be payable by the Owner to the Depositary. The Depositary may refuse to register any transfer of those American Depositary Shares or any withdrawal of Deposited Securities represented by those American Depositary Shares until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Owner any part or all of the Deposited Securities represented by those American Depositary Shares, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge and the Owner shall remain liable for any deficiency.. Neither the Company nor the Depositary shall be liable for failure of an

Appears in 2 contracts

Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Bank of New York / Adr Division)

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable with respect to any American Depositary Shares or any Deposited Securities represented by any American Depositary Shares, such tax or other governmental charge shall be payable by the Owner to the Depositary. The Depositary may refuse to register any transfer of those American Depositary Shares or any withdrawal of Deposited Securities represented by those American Depositary Shares until such payment is made, and the Company and the Depositary may withhold any dividends or other distributions, or the Depositary may sell for the account of the Owner any part or all of the Deposited Securities represented by those American Depositary Shares, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge and the Owner shall remain liable for any deficiency.

Appears in 1 contract

Samples: Deposit Agreement (Biovitrum Ab (Publ))

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable with respect to any American Depositary Shares Receipt or any Deposited Securities represented by any American Depositary Shareshereby, such tax or other governmental charge shall be payable by the Owner hereof to the Depositary. The Depositary may refuse to register effect any transfer of those American Depositary Shares this Receipt or any withdrawal of Deposited Securities represented by those American Depositary Shares evidenced by thissuch Receipt until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Owner hereof any part or all of the Deposited Securities represented by those the American Depositary SharesShares evidenced by this Receipt, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge and the Owner hereof shall remain liable for any deficiency.

Appears in 1 contract

Samples: Deposit Agreement (Cambridge Antibody Technology Group PLC)

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable with respect to any American Depositary Shares Receipt or any Deposited Securities represented by any American Depositary Shareshereby, such tax or other governmental charge shall be payable by the Owner hereof to the Depositary. The Depositary may refuse to register effect any transfer of those American Depositary Shares this Receipt or any withdrawal of Deposited Securities represented by those American Depositary Shares evidenced by such Receipt until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Owner hereof any part pan or all of the Deposited Securities represented by those the American Depositary SharesShares evidenced by this Receipt, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge and the Owner hereof shall remain liable for any deficiency. 5.

Appears in 1 contract

Samples: Deposit Agreement (Amrad Corp LTD /Fi)

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LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable with respect to any American Depositary Shares or any Deposited Securities represented by any American Depositary Shares, such tax or other governmental charge shall be payable by the Owner to the Depositary. The Depositary may refuse to register any transfer of those American Depositary Shares or any withdrawal of Deposited Securities represented by those American Depositary Shares until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Owner any part or all of the Deposited Securities represented by those American Depositary Shares, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge and the Owner shall remain liable for any deficiency. 5.

Appears in 1 contract

Samples: Deposit Agreement (Trina Solar LTD)

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable with respect to any American Depositary Shares or any Deposited Securities represented by any American Depositary Shares, such tax or other governmental charge shall be payable by the Owner to the Depositary. The Depositary may refuse to register any transfer of those American Depositary Shares or any withdrawal of Deposited Securities represented by those American Depositary Shares until such payment is made, and the Company and the Depositary may withhold any dividends or other distributions, or may sell for the account of the Owner any part or all of the Deposited Securities represented by those American Depositary Shares, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge and the Owner shall remain liable for any deficiency.

Appears in 1 contract

Samples: Deposit Agreement (Lottomatica S.p.A.)

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable pay­able with respect to any American Depositary Shares Receipt or any Deposited Securities represented by any American Depositary Shareshereby, such tax or other governmental charge shall be payable by the Owner hereof to the Depositary. The Depositary may refuse to register effect any transfer of those American Depositary Shares this Receipt or any withdrawal of Deposited Securities represented by those American Depositary Shares evidenced by such Receipt until such payment is made, and may withhold any dividends or other distributionsdis­tributions, or may sell for the account of the Owner hereof any part or all of the Deposited Securities represented by those the American Depositary SharesShares evidenced by this Receipt, and may apply ap­ply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge and the Owner hereof shall remain liable for any deficiencydefi­ciency.

Appears in 1 contract

Samples: Deposit Agreement (Sasol LTD)

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable with respect to any American Depositary Shares or any Deposited Securities represented by any American Depositary SharesSecurities, such tax or other governmental charge shall be payable by the Owner hereof to the Depositary. The Depositary may refuse to register effect any transfer of those American Depositary Shares or any withdrawal of Deposited Securities represented by those American Depositary Shares until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Owner hereof any part or all of the Deposited Securities represented by those the American Depositary Shares, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge (and any taxes or expenses arising out of such sale), and the Owner hereof shall remain liable for any deficiency.

Appears in 1 contract

Samples: Deposit Agreement (Bank of New York / Adr Division)

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Custodian or the Depositary with respect to any American Depositary Shares or any Deposited Securities represented by any American Depositary Shares, such tax or other governmental charge shall be payable by the Owner to the Depositary. The Depositary may refuse to register any transfer of those American Depositary Shares or any withdrawal of Deposited Securities represented by those American Depositary Shares until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Owner any part or all of the Deposited Securities represented by those American Depositary Shares, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge and the Owner of those American Depositary Shares shall remain liable for any deficiency.

Appears in 1 contract

Samples: Deposit Agreement (Bank of New York / Adr Division)

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Custodian or the Depositary with respect to any American Depositary Shares or any Deposited Securities represented by any American Depositary Shares, such tax or other governmental charge shall be payable by the Owner of such American Depositary Shares to the Depositary. The Depositary may refuse to register any transfer of those American Depositary Shares or any withdrawal of Deposited Securities represented by those American Depositary Shares until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Owner thereof any part or all of the Deposited Securities represented by those American Depositary Shares, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge and the Owner shall remain liable for any deficiency.

Appears in 1 contract

Samples: Deposit Agreement (JSC RusHydro)

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable with respect to any American Depositary Shares or any Deposited Securities represented by any American Depositary Shares, such tax or other governmental charge shall be payable by the Owner or Holder hereof to the Depositary. The Depositary may refuse to register any transfer of those American Depositary Shares or any withdrawal of Deposited Securities represented by those American Depositary Shares until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Owner or Holder hereof any part or all of the Deposited Securities represented by those American Depositary Shares, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge (and any taxes or expenses arising out of such sale), and the Owner or Holder hereof shall remain liable for any deficiency.

Appears in 1 contract

Samples: Deposit Agreement (General Geophysics Co)

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable with respect to any American Depositary Shares ADR Unit or any Deposited Securities represented by any American Depositary Shareshereby, such tax or other governmental charge shall be payable by the Owner hereof to the Depositary. The Depositary may refuse to register effect any transfer of those American Depositary Shares this ADR Unit or any withdrawal of Deposited Securities represented by those American Depositary Shares evidenced by such ADR Unit until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Owner hereof any part or all of the Deposited Securities represented by those the American Depositary SharesShares evidenced by this ADR Unit, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge and the Owner hereof shall remain liable for any deficiency.

Appears in 1 contract

Samples: American Depositary Receipt (Adr) Agreement (Xenova Group PLC)

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable with respect to any American Depositary Shares or any Deposited Securities represented by any American Depositary Shares, such tax or other governmental charge shall be payable by the Owner to the Depositary. The Depositary may refuse to register any transfer of those American Depositary Shares or any withdrawal of Deposited Securities represented by those American Depositary Shares until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Owner any part or all of the Deposited Securities represented by those American Depositary Shares, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge (and any taxes and expenses arising or incurred as a result of effecting any such sale) and the Owner shall remain liable for any deficiency.

Appears in 1 contract

Samples: Deposit Agreement (Bank of New York / Adr Division)

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable with respect to any American Depositary Shares or any Deposited Securities represented by any American Depositary Shares, such tax or other governmental charge shall be payable by the Owner Owners and Holders to the Depositary. The Depositary may refuse to register any transfer of those American Depositary Shares or any withdrawal of Deposited Securities represented by those American Depositary Shares until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Owner any part or all of the Deposited Securities represented by those American Depositary Shares, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge and the Owner and Holder shall remain fully liable for any deficiency.

Appears in 1 contract

Samples: Deposit Agreement (Bank of New York / Adr Division)

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable with respect to any American Depositary Shares or any Deposited Securities represented by any American Depositary Shares, such tax or other governmental charge shall be payable by the Owner or Holder to the Depositary. The Depositary may refuse to register any transfer of those American Depositary Shares or any withdrawal of Deposited Securities represented by those American Depositary Shares until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Owner any part or all of the Deposited Securities represented by those American Depositary Shares, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge and the Owner or Holder shall remain liable for any deficiency.

Appears in 1 contract

Samples: Deposit Agreement (Bank of New York / Adr Division)

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge of any kind shall become payable with respect to any American Depositary Shares or any Deposited Securities represented by any American Depositary Shares, such tax or other governmental charge shall be payable by the Owner Owners to the Depositary. The Depositary may refuse to register any transfer of those American Depositary Shares or any withdrawal of Deposited Securities represented by those American Depositary Shares until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Owner any part or all of the Deposited Securities represented by those American Depositary Shares, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge and the Owner shall remain fully liable for any deficiency.

Appears in 1 contract

Samples: Deposit Agreement (Bank of New York / Adr Division)

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable with respect to any American Depositary Shares or any Deposited Securities represented by any American Depositary Shares, such tax or other governmental charge shall be payable by the Owner to the Depositary. The Depositary may refuse to register any transfer of those American Depositary Shares or any withdrawal of Deposited Securities represented by those American Depositary Shares until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Owner any part or all of the Deposited Securities represented by those American Depositary Shares, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge and the Owner shall remain liable for any deficiency. Neither the Company nor the Depositary shall be liable for the failure of an Owner to comply with applicable tax laws or governmental charges.

Appears in 1 contract

Samples: Deposit Agreement (Bank of New York / Adr Division)

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