Common use of Limitations On Cancellation of Restricted ADSs Clause in Contracts

Limitations On Cancellation of Restricted ADSs. The Company instructs the Depositary, and the Depositary agrees not to cancel any Restricted ADSs upon presentation for the purpose of withdrawing the underlying Shares unless (x) all of the conditions applicable to the withdrawal of the Preferred Shares from the depositary receipts facility created pursuant to the terms of the Preferred Share Deposit Agreement have been satisfied, and (y) the Depositary shall have received from the person requesting the withdrawal of the Preferred Shares a duly completed and signed Withdrawal Certification substantially in the form of the draft thereof attached hereto as Exhibit C (such certification, the "Withdrawal Certification").

Appears in 1 contract

Samples: Letter Agreement (Citibank,N.A./ADR)

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Limitations On Cancellation of Restricted ADSs. The Company instructs the Depositary, and the Depositary agrees not to release any Shares nor cancel any Restricted ADSs upon presentation for the purpose of withdrawing the underlying Shares unless (xi) all of the conditions applicable to the withdrawal of the Preferred Shares from the depositary receipts facility created pursuant to the terms of the Preferred Share Deposit Agreement have been satisfied, and (yii) the Depositary shall have received from the person requesting the withdrawal of the Preferred Shares a duly completed and signed Withdrawal Certification substantially in the form of the draft thereof attached hereto as Exhibit C B (such certification, the "Withdrawal Certification").

Appears in 1 contract

Samples: Letter Agreement (Citibank,N.A./ADR)

Limitations On Cancellation of Restricted ADSs. The Company instructs the Depositary, and the Depositary agrees agrees, not to release any Restricted Shares nor cancel any Restricted ADSs upon presentation to it of a Restricted ADR for the purpose of withdrawing the underlying Restricted Shares unless (x) all of the conditions applicable to the withdrawal of the Preferred Shares from the depositary receipts facility created pursuant to the terms of the Preferred Share Deposit Agreement have been satisfied, satisfied and (y) the Depositary shall have received from the person requesting the withdrawal of the Preferred Restricted Shares a duly completed and signed Withdrawal Certification substantially in the form of the draft thereof attached hereto as Exhibit C B (such certification, the "β€œWithdrawal Certification"”).

Appears in 1 contract

Samples: Letter Agreement (United Microelectronics Corp)

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Limitations On Cancellation of Restricted ADSs. The Company instructs the Depositary, and the Depositary agrees not to release any Shares nor cancel any Restricted ADSs upon presentation for the purpose of withdrawing the underlying Shares unless (x) all of the conditions applicable to the withdrawal of the Preferred Shares from the depositary receipts facility created pursuant to the terms of the Preferred Share Deposit Agreement have been satisfied, and (y) the Depositary shall have received from the person requesting the withdrawal of the Preferred Shares a duly completed and signed Withdrawal Certification substantially in the form of the draft thereof attached hereto as Exhibit C B (such certification, the "Withdrawal Certification").

Appears in 1 contract

Samples: Ads Letter Agreement (Citibank,N.A./ADR)

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