Common use of List of Restricted Securities Owners Clause in Contracts

List of Restricted Securities Owners. Upon each issuance by the Company of any securities that are Restricted Securities, the Company shall (1) advise in writing each person to whom Restricted Securities are issued that such Restricted Securities are not eligible for deposit hereunder (except, to the extent applicable, as contemplated by Section 2.12 hereof) and (ii) obtain from each such person, to the extent possible, a written undertaking that such person will not deposit such Restricted Securities (or any securities obtained upon conversion of such Restricted Securities) hereunder so long as such securities constitute "Restricted Securities" and will use reasonable endeavors to obtain from their respective transferees a similar undertaking.

Appears in 3 contracts

Samples: Deposit Agreement (Rediff Communication LTD), Deposit Agreement (Rediff Com India LTD), Deposit Agreement (Rediff Communication LTD)

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List of Restricted Securities Owners. Upon each issuance by the Company of any securities that are Restricted Securities, the The Company shall (1i) advise in writing each person to whom Restricted Securities are issued or who holds Restricted Securities as of date of this Deposit Agreement that such Restricted Securities are not eligible for deposit hereunder (except, to the extent applicable, as contemplated by Section 2.12 hereof) and (ii) obtain from each such person, to the extent possible, a written undertaking that such person will not deposit such Restricted Securities (or any securities obtained upon conversion of such Restricted Securities) hereunder (except as contemplated in Section 2.12) so long as such securities constitute "Restricted Securities" and will use reasonable endeavors to obtain from their respective transferees a similar undertaking.

Appears in 2 contracts

Samples: Deposit Agreement (Abb LTD), Deposit Agreement (Abb LTD)

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List of Restricted Securities Owners. Upon each issuance by the Company of any securities that are Restricted Securities, the Company shall (1) advise in writing each person to whom Restricted Securities are issued that such Restricted Securities are not eligible for deposit hereunder (except, to the extent applicable, as contemplated by Section 2.12 hereof) and (ii) obtain from each such person, to the extent possible, a written undertaking that such person will not deposit such Restricted Securities (or any securities obtained upon conversion of such Restricted Securities) hereunder so long as such securities constitute "β€œRestricted Securities" ” and will use reasonable endeavors to obtain from their respective transferees a similar undertaking.

Appears in 1 contract

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

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