Common use of No Pre-Release Clause in Contracts

No Pre-Release. The Depositary shall not deliver any deposited Series B Preference Shares evidenced by Receipts prior to the receipt and cancellation of such Receipts or other similar method used with respect to Receipts held by DTC. The Depositary shall not issue any Receipts prior to the receipt by the Depositary of the corresponding Series B Preference Shares evidenced by such Receipts. At no time will any Receipts be outstanding if such Receipts do not represent Series B Preference Shares deposited with the Depositary.

Appears in 1 contract

Samples: Deposit Agreement (Athene Holding LTD)

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No Pre-Release. The Depositary shall not deliver any deposited Series B D Preference Shares evidenced by Receipts prior to the receipt and cancellation of such Receipts or other similar method used with respect to Receipts held by DTC. The Depositary shall not issue any Receipts prior to the receipt by the Depositary of the corresponding Series B D Preference Shares evidenced by such Receipts. At no time will any Receipts be outstanding if such Receipts do not represent Series B D Preference Shares deposited with the Depositary.

Appears in 1 contract

Samples: Deposit Agreement (Athene Holding LTD)

No Pre-Release. The Depositary shall not deliver any deposited Series B A Preference Shares evidenced by Receipts prior to the receipt and cancellation of such Receipts or other similar method used with respect to Receipts held by DTC. The Depositary shall not issue any Receipts prior to the receipt by the Depositary of the corresponding Series B A Preference Shares evidenced by such Receipts. At no time will any Receipts be outstanding if such Receipts do not represent Series B A Preference Shares deposited with the Depositary.

Appears in 1 contract

Samples: Deposit Agreement (Athene Holding LTD)

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No Pre-Release. The Depositary shall not deliver any deposited Series B C Preference Shares evidenced by Receipts prior to the receipt and cancellation of such Receipts or other similar method used with respect to Receipts held by DTC. The Depositary shall not issue any Receipts prior to the receipt by the Depositary of the corresponding Series B C Preference Shares evidenced by such Receipts. At no time will any Receipts be outstanding if such Receipts do not represent Series B C Preference Shares deposited with the Depositary.

Appears in 1 contract

Samples: Deposit Agreement (Athene Holding LTD)

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