Common use of Limitations on Execution and Delivery, Transfer, Split-up, Combination, Surrender and Exchange of Receipts Clause in Contracts

Limitations on Execution and Delivery, Transfer, Split-up, Combination, Surrender and Exchange of Receipts. As a condition precedent to the execution and delivery, registration of transfer, split-up, combination, surrender or exchange of any Receipt, the Depositary, any of the Depositary’s Agents or the Company may require any or all of the following: (i) payment to it of a sum sufficient for the payment (or, in the event that the Depositary or the Company shall have made such payment, the reimbursement to it) of any taxes, charges or expenses (including any such tax or charge with respect to shares of Stock being deposited or withdrawn) payable by the holder of a Receipt pursuant to Section 5.08, (ii) the production of evidence satisfactory to it as to the identity and genuineness of any signature (or the authority of any signature) and/or (iii) compliance with the rules and regulations of any governmental body, any stock exchange or any applicable self regulatory body, or such other regulations, if any, as the Depositary or the Company may establish consistent with the provisions of this Deposit Agreement. The delivery of Receipts against the shares of Stock deposited with the Depositary may be suspended, the registration of transfer of Receipts may be refused and the registration of transfer, split-up, combination, surrender or exchange of outstanding Receipts may be suspended (i) during any period when the register of stockholders of the Company is closed or (ii) if any such action is deemed reasonably necessary by the Depositary, any of the Depositary’s Agents or the Company at any time or from time to time because of any requirement of law or of any government, governmental body or commission or stock exchange or under any provision of this Deposit Agreement.

Appears in 7 contracts

Samples: Deposit Agreement (Amtrust Financial Services, Inc.), Deposit Agreement (National General Holdings Corp.), Deposit Agreement (Amtrust Financial Services, Inc.)

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Limitations on Execution and Delivery, Transfer, Split-up, Combination, Surrender and Exchange of Receipts. As a condition precedent to the execution and delivery, registration of transfer, split-up, combination, surrender or exchange of any Receipt, the Depositary, any of the Depositary’s Agents or the Company may require any or all of the following: (i) payment to it of a sum sufficient for the payment (or, in the event that the Depositary or the Company shall have made such payment, the reimbursement to it) of any taxes, charges tax or expenses other charge and stock transfer or registration fee with respect thereto (including any such tax or charge with respect to shares of the Class N Preferred Stock being deposited or withdrawn) payable by the holder of a Receipt pursuant to Section 5.08, ); (ii) the production of evidence proof satisfactory to it as to the identity and genuineness of any signature (or the authority of any signature) and/or ); and (iii) compliance with the rules and regulations of any governmental body, any stock exchange or any applicable self self-regulatory body, or such other regulations, if any, as the Depositary or the Company may establish consistent with the provisions of this Deposit AgreementAgreement or as may be required by any securities exchange upon which the deposited Class N Preferred Stock, the Depositary Shares or the Receipts may be included for quotation or listed. The deposit of Class N Preferred Stock may be refused, the delivery of Receipts against the shares of Class N Preferred Stock deposited with the Depositary may be suspended, the registration of transfer of Receipts may be refused refused, and the registration of transfer, split-up, combination, surrender surrender, exchange or exchange redemption of outstanding Receipts may be suspended (i) during any period when the register of stockholders of the Company is closed or (ii) if any such action is deemed reasonably necessary or advisable by the Depositary, any of the Depositary’s Agents or the Company at any time or from time to time because of any requirement of law or of any government, government or governmental body or commission or stock exchange exchange, or under any provision of this Deposit Agreement.

Appears in 2 contracts

Samples: Deposit Agreement (Kimco Realty Corp), Deposit Agreement (Kimco Realty Corp)

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Limitations on Execution and Delivery, Transfer, Split-up, Combination, Surrender and Exchange of Receipts. As a condition precedent to the execution and delivery, registration of transfer, split-up, combination, surrender or exchange of any Receipt, the Depositary, any of the Depositary’s Agents or the Company may require any or all of the following: (i) payment to it of a sum sufficient for the payment (or, in the event that the Depositary or the Company shall have made such payment, the reimbursement to it) of any taxes, charges tax or expenses other charge and stock transfer or registration fee with respect thereto (including any such tax or charge with respect to shares of Stock the Preferred Shares being deposited or withdrawn) payable by the holder of a Receipt pursuant to Section 5.08, ); (ii) the production of evidence satisfactory to it as to the identity and genuineness of any signature (or the authority of any signature) and/or including, as noted in Section 2.04 above, a signature guarantee from an eligible guarantor institution participating in a signature guarantee program approved by the Securities Transfer Association, and any other reasonable evidence of authority that may be required by the Depositary; and (iii) compliance with the rules and regulations of any governmental body, any stock exchange or any applicable self regulatory body, or such other regulations, if any, as the Depositary or the Company may establish consistent with the provisions of this Deposit AgreementAgreement as may be required by any securities exchange on which the deposited Preferred Shares, the Depositary Shares or the Receipts may be included for quotation or listed or any applicable self-regulatory body. The deposit of Preferred Shares may be refused, the delivery of Receipts against the shares of Stock deposited with the Depositary Preferred Shares may be suspended, the registration of transfer of Receipts may be refused refused, and the registration of transfer, split-up, combination, surrender surrender, exchange or exchange redemption of outstanding Receipts may be suspended (i) during any period when the register of stockholders of the Company is closed or (ii) if any such action is deemed reasonably necessary or advisable by the Depositary, any of the Depositary’s Agents or the Company at any time or from time to time because of any requirement of law or of any government, government or governmental body or commission or stock exchange commission, or under any other provision of this Deposit Agreement.

Appears in 1 contract

Samples: Deposit Agreement (Axis Capital Holdings LTD)

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