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 by the Depositary or a Custodian with respect to this Receipt or any Deposited Securities represented hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositary. The Depositary may refuse to effect any transfer of this Receipt or any withdrawal of Deposited Securities represented by 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 the American Depositary Shares 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.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a Custodian with respect to this any Receipt or any Deposited Securities represented hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositary. The Depositary may may, and upon receipt of instructions from the Issuer shall, refuse to effect any transfer of this such Receipt (or any split-up or combination thereof) or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this such Receipt until such payment is made, and may withhold any dividends or other distributions, or may sell sell, for the account of the Owner hereof any part or all of the Deposited Securities represented by the American Depositary Shares 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.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a Custodian with respect to this any Receipt or any Deposited Securities represented herebyby any Receipt, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof of such Receipt to the Depositary. The Depositary may refuse to effect any transfer of this such Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this 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 or Beneficial Owner thereof any part or all of the Deposited Securities represented by the American Depositary Shares evidenced by this 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 hereof or Beneficial Owner of such Receipt shall remain liable for any deficiency.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a Custodian with respect to this Receipt any Receipt, any American Depositary Share or any Deposited Securities represented herebyby any American Depositary Share evidenced by any Receipt, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof of such Receipt to the Depositary. The Depositary may refuse to effect any transfer of this such Receipt (or any split up or combination thereof) or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this 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 thereof any part or all of the Deposited Securities represented by the American Depositary Shares evidenced by this 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 hereof of such Receipt shall remain liable for any deficiency.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a Custodian with respect to this any Receipt or any Deposited Securities represented herebywhich any Receipt entitles the Owner to receive, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof of such Receipt to the Depositary. The Depositary may refuse to effect any transfer of this such Receipt or any withdrawal of Deposited Securities represented by corresponding to American Depositary Shares evidenced by this 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 thereof any part or all of the Deposited Securities represented by corresponding to the American Depositary Shares evidenced by this 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 hereof of such Receipt shall remain liable for any deficiency.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a the Custodian with respect to this any Receipt or any Deposited Securities represented hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the DepositaryDepositary or the Custodian as the case may be. The Depositary may refuse to effect any transfer of this Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this 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 the American Depositary Shares 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.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a Custodian with respect to this any Receipt or any Deposited Securities represented hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositaryhereof. The Depositary may refuse to effect any transfer of this Receipt or any combination or split-up hereof or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this 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 the American Depositary Shares 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 any taxes or expenses arising out of such sale), and the Owner hereof shall remain liable for any deficiency.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a Custodian with respect to this Receipt or any Deposited Securities represented by the American Depositary Shares evidenced hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositary. The Depositary may refuse to effect any registration of transfer of this Receipt or any transfer and withdrawal of Deposited Securities represented by the American Depositary Shares evidenced by this Receipt until such payment is made, and may withhold any dividends or other distributionsdistributions in respect of any Deposited Securities, or may sell for the account of the Owner hereof any part or all of the Deposited Securities represented by the American Depositary Shares 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.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a the Custodian with respect to this any Receipt or any Deposited Securities represented herebyby any Receipt, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof of such Receipt to the DepositaryDepositary or the Custodian as the case may be. The Depositary may refuse to effect any transfer of this such Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this 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 thereof any part or all of the Deposited Securities represented by the American Depositary Shares evidenced by this 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 hereof of such Receipt shall remain liable for any deficiency.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a Custodian with respect to this any Receipt or any Deposited Securities represented hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner Holder hereof to the Depositary. The Depositary may may, and at the request of the Company shall, refuse to effect any registration of transfer of this Receipt (or any split-up or combination hereof) or any withdrawal of Deposited Securities represented by 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 or Holder hereof any part or all of the Deposited Securities represented by the American Depositary Shares 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 or Holder hereof shall remain liable for any deficiency.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a Custodian with respect to this any Receipt or any Deposited Securities represented hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositary. The Depositary may refuse to effect any transfer of this Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this 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 the American Depositary Shares 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 any taxes or expenses arising out of such sale), and the Owner hereof shall remain liable for any deficiency.

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

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a Custodian with respect to this any Receipt or any Deposited Securities represented herebyby the American Depositary Shares evidenced by such Receipt, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof of such Receipt to the Depositary. The Depositary may refuse to effect any registration of transfer of this such Receipt or any transfer and withdrawal of Deposited Securities represented by the American Depositary Shares evidenced by this such Receipt until such payment is made, and may withhold any dividends or other distributionsdistributions in respect of any Deposited Securities, or may sell for the account of the Owner hereof thereof any part or all of the Deposited Securities represented by the American Depositary Shares evidenced by this 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 hereof of such Receipt shall remain liable for any deficiency.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a Custodian with respect to this Receipt any Receipt, any American Depositary Share or any Deposited Securities represented hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositary. The Depositary may refuse to effect any transfer of this Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this 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 the American Depositary Shares 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.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a Custodian with respect to this any Receipt or any Deposited Securities represented hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositary. The Depositary may refuse to effect any transfer of this Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this Receipt hereby 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 the American Depositary Shares evidenced by this Receipthereby, 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.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by any Custodian, the Depositary or a Custodian the Company with respect to this any Receipt or any Deposited Securities represented hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositary. The Depositary may refuse to effect any transfer of this Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this 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 the American Depositary Shares 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.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a Custodian with respect to this any Receipt or any Deposited Securities represented hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositary. The Depositary may refuse to effect any transfer of this Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this such Receipt until such payment is made, and may withhold any dividends or other distributionsdistributions in respect of any Deposited Securities, or may sell for the account of the Owner hereof any part or all of the Deposited Securities represented by the American Depositary Shares 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.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by or on behalf of the Custodian or the Depositary or a Custodian with respect to this any Receipt or any Deposited Securities represented hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositary. The Depositary may refuse to effect any transfer of this Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this 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 the American Depositary Shares 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.

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

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Custodian or Depositary or a Custodian with respect to this Receipt any Receipt, American Depositary Shares or any Deposited Securities represented by any American Depositary Shares evidenced hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositary. The Depositary may refuse to effect any transfer of this Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this Receipt hereby 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 the American Depositary Shares 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 remaining liable for any deficiency.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Custodian or the Depositary or a Custodian with respect to this any Receipt or any Deposited Securities represented hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositary. The Depositary may refuse to effect any transfer of this Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this 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 the American Depositary Shares 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.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a Custodian with respect to this any Receipt or any Deposited Securities represented hereby, such tax or other governmental govern mental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositaryhereof. The Depositary may refuse to effect any transfer of this Receipt or any combination or split-up hereof or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this 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 the American Depositary Shares 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 any taxes or expenses arising out of such sale), and the Owner hereof shall remain liable for any deficiency.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a Custodian with respect to this any Receipt or any Deposited Securities represented hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositary. The Depositary may refuse to effect any transfer transfer, split-up or combination of this Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this such Receipt until such payment is made, and may withhold any dividends or other distributionsdistributions made in respect of Deposited Securities, or may sell for the account of the Owner hereof any part or all of the Deposited Securities represented by the American Depositary Shares 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.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by or on behalf of the Custodian or the Depositary or a Custodian with respect to this any Receipt or any Deposited Securities represented hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositary. The Depositary may refuse to effect any transfer of this Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this 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 the American Depositary Shares 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.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by or on behalf of the Depositary or a Custodian with respect to this Receipt any Receipt, American Depositary Shares or any Deposited Securities represented by any American Depositary Shares evidenced hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositary. The Depositary may refuse to effect any transfer of this Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this Receipt hereby 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 the American Depositary Shares 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 remaining liable for any deficiency.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Custodian or the Depositary or a Custodian with respect to this any Receipt or any Deposited Securities represented herebyby any Receipt, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof of such Receipt to the Depositary. The Depositary may refuse to effect any transfer of this such Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this 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 thereof any part or all of the Deposited Securities represented by the American Depositary Shares evidenced by this 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 any taxes or expenses arising out of such sale) and the Owner hereof of such Receipt shall remain liable for any deficiency.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a Custodian with respect to this any Receipt or any Deposited Securities represented hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositary. The Depositary may refuse to effect any transfer of this Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this 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 the American Depositary Shares 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 any taxes or expenses arising out of such sale) and the Owner hereof shall remain liable for any deficiency.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge charges shall become payable by the Custodian or the Depositary or a Custodian with respect to this any Receipt or any Deposited Securities represented an American Depositary Share evidenced hereby, such tax or other governmental charge charges shall be payable by the Owner or Beneficial Owner hereof to the Depositary. The Depositary may refuse to effect any transfer of this Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this 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 the American Depositary Shares 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 charges and the Owner hereof shall remain liable for any deficiency.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a Custodian with respect to this any Receipt or any Deposited Securities represented hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositaryhereof. The Depositary may refuse to effect any transfer of this Receipt or any combination or split-up hereof or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this 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 the American Depositary Shares 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 any taxes or expenses arising out of such sale), and the Owner owner hereof shall remain liable for any deficiency.

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

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a Custodian with respect to this any Receipt or any Deposited Securities represented herebyby any Receipt, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof OwnerHolder of such Receipt to the Depositary. The Depositary may refuse to effect any transfer of this such Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this 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 or Beneficial OwnerHolder thereof any part or all of the Deposited Securities represented by the American Depositary Shares evidenced by this 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 hereof or Beneficial OwnerHolder of such Receipt shall remain liable for any deficiency.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a Custodian with respect to this any Receipt or any Deposited Securities represented hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositary. The Depositary may refuse to effect any transfer of this Receipt or any withdrawal of Deposited Securities represented by the American Depositary Shares evidenced by this Receipt hereby 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 the American Depositary Shares 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.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a Custodian with respect to this any Receipt or any Deposited Securities represented herebyherebyby the American Depositary Shares evidenced by such Receipt, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositary. The Depositary may refuse to effect any transfer of this Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this 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 the American Depositary Shares 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.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a Custodian with respect to this any Receipt or any Deposited Securities represented hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositary. The Depositary may refuse to effect any transfer of this Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this Receipt hereby 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 the American Depositary Shares evidenced by this Receipthereby, 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.

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

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a Custodian with respect to this any Receipt or any Deposited Securities represented hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositary. The When so instructed by the Share Depositary, the Depositary may shall refuse to effect any transfer of this Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this 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 the American Depositary Shares 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.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a Custodian with respect to this any Receipt or any Deposited Securities represented herebyby any American Depositary Shareshereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositary. The Depositary may refuse to effect any transfer of this Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this 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 the American Depositary Shares 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.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a Custodian with respect to this any Receipt or any Deposited Securities represented hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositary. The Depositary may refuse refuse, and the Company shall be under no obligation, to effect any transfer of this Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this 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 the American Depositary Shares 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.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a the Custodian shall become payable with respect to this any Receipt or any Deposited Securities represented hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositary. The Depositary may refuse to effect any transfer of this Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this 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 the American Depositary Shares 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.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a Custodian with respect to this Receipt or any Deposited Securities represented herebyby the American Depositary Shares evidenced by this Receipt, such tax or other governmental charge shall will be payable by the Owner or Beneficial Owner hereof to the Depositary. The Depositary may refuse to effect any registration of transfer of this Receipt (or any split-up or combination hereof) or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this Receipt until such payment is made, and may withhold any dividends or other distributionsdistributions in respect of any Deposited Securities, or may sell for the account of the Owner or Beneficial Owner hereof any part or all of the Deposited Securities represented by the American Depositary Shares 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 will remain liable for any deficiency.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a Custodian with respect to this any Receipt or any Deposited Securities represented hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositary. The Depositary may refuse to effect any transfer of this Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this 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 the American Depositary Shares 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 any taxes or expenses arising out of such sale) and the Owner or Beneficial Owner hereof shall remain liable for any deficiency.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by any Custodian, the Depositary or a Custodian the Company with respect to this any Receipt or any Deposited Securities represented hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositary. The Depositary may refuse to effect any transfer of this Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this 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 the American Depositary Shares 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.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a Custodian with respect to this any Receipt or any Deposited Securities represented hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositary. The Depositary may refuse to effect any transfer transfer, split-up or combination of this Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this such Receipt until such payment is made, and may withhold any dividends or other distributionsdistributions made in respect of Deposited Securities, or may sell for the account of the Owner hereof any part or all of the Deposited Securities represented by the American Depositary Shares 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.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a Custodian with respect to this any Receipt or any Deposited Securities represented herebyby American Depositary Shares evidenced by any Receipt, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositaryof such Receipt. The Depositary may refuse to effect any transfer of this such Receipt or any combination or split-up thereof or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this 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 thereof any part or all of the Deposited Securities represented by the American Depositary Shares evidenced by this 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 any taxes or expenses arising out of such sale), and the Owner hereof of such Receipt shall remain liable for any deficiency.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a the Custodian with respect to this any Receipt or any Deposited Securities represented hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositary. The Depositary may refuse to effect any transfer of this Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this 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 the American Depositary Shares 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.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a Custodian with respect to this any Receipt or any Deposited Securities represented hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositary. The Depositary may refuse to effect any transfer of this Receipt or any combination or split-up thereof or any withdrawal of Deposited Securities represented by 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 the American Depositary Shares 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 any taxes or expenses arising out of such sales), and the Owner hereof shall remain liable for any deficiency.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a Custodian with respect to this any Receipt or any Deposited Securities represented herebyby any Receipt, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositaryof such Receipt. The Depositary may refuse to effect registration of any transfer of this such Receipt or any combination or split-up thereof or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this 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 thereof any part or all of the Deposited Securities represented by the American Depositary Shares evidenced by this 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 any taxes or expenses arising out of such sale), and the Owner hereof of such Receipt shall remain liable for any subsequent deficiency.

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

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Custodian or the Depositary or a Custodian with respect to this any Receipt or any Deposited Securities represented herebyby an American Depositary Share evidenced by any Receipt, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof of such Receipt to the Depositary. The Depositary may refuse to effect any transfer of this such Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this 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 thereof any part or all of the Deposited Securities represented by the American Depositary Shares evidenced by this 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 hereof of such Receipt shall remain liable for any deficiency.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a Custodian with respect to this any Receipt or any Deposited Securities represented hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the DepositaryDepositary or the Custodian, as the case may be. The Depositary may refuse to effect any transfer of this Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this 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 the American Depositary Shares 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.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a Custodian with respect to this Receipt or any Deposited Securities represented by the American Depositary Shares evidenced hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositary. The Depositary may refuse to effect any registration of transfer of this Receipt or any transfer and withdrawal of Deposited Securities represented by the 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 the American Depositary Shares 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.

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

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a Custodian with respect to this any Receipt or any Deposited Securities represented hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositary. The When so instructed by the Share Depositary, the Depositary may shall refuse to effect any transfer of this Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this 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 the American Depositary Shares 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.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Custodian or the Depositary or a Custodian with respect to this any Receipt or any Deposited Securities represented hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositary. The Depositary may refuse to effect any registration of transfer of this Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this such Receipt until such payment is made, and may withhold any dividends or other distributionsdistributions in respect of any Deposited Securities, or may sell for the account of the Owner hereof any part or all of the Deposited Securities represented by the American Depositary Shares 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.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Custodian or the Depositary or a Custodian with respect to this any Receipt or any Deposited Securities represented hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositary. The Depositary may refuse to effect any transfer of this Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this 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 the American Depositary Shares 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.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Depositary or a Custodian with respect to this Receipt any Receipt, any American Depositary Share or any Deposited Securities represented by any American Depositary Share evidenced hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositary. The Depositary may refuse to effect any transfer of this such Receipt (or any split-up or combination thereof) or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this 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 the American Depositary Shares 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.

LIABILITY OF OWNER FOR TAXES. If any tax or other governmental charge shall become payable by the Custodian or the Depositary or a Custodian with respect to this any Receipt or any Deposited Securities represented herebyby any Receipt, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof of such Receipt to the Depositary. The Depositary may refuse to effect any registration of transfer of this such Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by this such Receipt until such payment is made, and may withhold any dividends or other distributionsdistributions in respect of any Deposited Securities, or may sell for the account of the Owner hereof thereof any part or all of the Deposited Securities represented by the American Depositary Shares evidenced by this 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 hereof of such Receipt shall remain liable for any deficiency.