Common use of Outstanding Receipts Clause in Contracts

Outstanding Receipts. Receipts issued prior to the date hereof, which do not reflect the changes to the Receipts effected hereby, do not need to be called in for exchange and may remain outstanding until such time as the Holders thereof choose to surrender them for any reason under the Deposit Agreement, as amended and supplemented by this Agreement. The Depositary is authorized and directed to take any and all actions deemed necessary to effect the foregoing. The Company hereby instructs the Depositary (i) to promptly send notice of the execution of the Deposit Agreement, as amended and supplemented by this Agreement, to all holders of American Depositary Receipts outstanding under the Deposit Agreement as of the date hereof and (ii) to promptly inform holders of American Depositary Receipts outstanding under the Deposit Agreement as of the date hereof that they have the opportunity, but are not required, to exchange their Receipts for one or more Receipts issued pursuant to the Deposit Agreement, as amended and supplemented by this Agreement. Holders and Beneficial Owners of Receipts issued pursuant to the Deposit Agreement issued prior to the date hereof and outstanding as of the date hereof, shall, from and after the date hereof, be deemed Holders and Beneficial Owners of Receipts issued pursuant and subject to all of the terms and conditions of the Deposit Agreement, as amended and supplemented by this Agreement, in all respects, provided, however, that any amendment to the Deposit Agreement effectuated by this Agreement that prejudices any substantial existing right of Holders or Beneficial Owners of Receipts issued under the Deposit Agreement shall not become effective as to Holders and Beneficial Owners until 30 days after notice of the amendment and supplement effectuated by this Agreement shall have been given to holders of Receipts outstanding as of the date hereof.

Appears in 4 contracts

Samples: Supplemental Agreement (Reuters Group PLC /Adr/), Deposit Agreement (Stolt Offshore S A), Supplemental Agreement (New Oriental Education & Technology Group Inc.)

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Outstanding Receipts. Receipts issued prior to the date hereof, which do not reflect the changes to the Receipts effected hereby, do not need to be called in for exchange and may remain outstanding until such time as the Holders thereof choose to surrender them for any reason under the this Deposit Agreement, as amended and supplemented by this Agreement. The Depositary is authorized and directed to take any and all actions deemed necessary to effect the foregoing. The Company hereby instructs the Depositary to (i) to promptly send notice of the execution of the Deposit Agreement, as amended and supplemented by this Agreement, Agreement to all holders Owners and Holders of American Depositary Receipts depositary receipts outstanding under the Deposit Agreement as of the date hereof and (ii) to promptly inform holders all Owners and Holders of American Depositary Receipts depositary receipts outstanding under the Deposit Agreement as of the date hereof that they have the opportunity, but are not required, to exchange their Receipts for one or more Receipts issued pursuant to the this Deposit Agreement, as amended and supplemented by this Agreement. Holders and Beneficial Owners of Receipts issued pursuant to the Deposit Agreement issued prior to the date hereof and outstanding as of the date hereof, shall, from and after the date hereof, be deemed Holders and Beneficial Owners of Receipts issued pursuant and be subject to all of the terms and conditions of the this Deposit Agreement, as amended and supplemented by this Agreement, in all respects, ; provided, however, that any amendment to the Deposit Agreement effectuated by this Deposit Agreement that prejudices any substantial existing right of Holders or Beneficial Owners of Receipts issued under the Deposit Agreement prior to the date hereof shall not become effective as to Holders and Beneficial Owners until 30 thirty (30) days after notice of the amendment and supplement effectuated by this Deposit Agreement shall have been given to holders of Receipts outstanding as of the date hereof.

Appears in 2 contracts

Samples: Deposit Agreement (Sap Aktiengesellschaft Systems Applications Products in Data), Deposit Agreement (Sap Aktiengesellschaft Systems Applications Products in Data)

Outstanding Receipts. Receipts issued prior to the date hereof, which do not reflect the changes to the Receipts effected hereby, do not need to be called in for exchange and may remain outstanding until such time as the Holders thereof choose to surrender them for any reason under the Deposit Agreement, as amended and supplemented by this Agreement. The Depositary is authorized and directed to take any and all actions deemed necessary to effect the foregoing. The Company hereby instructs the Depositary (i) promptly to promptly send notice of the execution of the Deposit Agreement, as amended and supplemented by this Agreement, to all holders of American Depositary Receipts outstanding under the Deposit Agreement as of the date hereof and (ii) to promptly inform holders of American Depositary Receipts outstanding under the Deposit Agreement as of the date hereof that they have the opportunity, but are not required, to exchange their Receipts for one or more Receipts issued pursuant to the Deposit Agreement, as amended and supplemented by this Agreement. Holders and Beneficial Owners of Receipts issued pursuant to the Deposit Agreement issued prior to the date hereof and outstanding as of the date hereof, shall, from and after the date hereof, be deemed Holders and Beneficial Owners of Receipts issued pursuant and subject to all of the terms and conditions of the Deposit Agreement, as amended and supplemented by this Agreement, in all respects, provided, however, that any amendment to the Deposit Agreement effectuated by this Agreement that prejudices any substantial existing right of Holders or Beneficial Owners of Receipts issued under the Deposit Agreement shall not become effective as to Holders and Beneficial Owners until 30 days after notice of the amendment and supplement effectuated by this Agreement shall have been given to holders of Receipts outstanding as of the date hereof.

Appears in 2 contracts

Samples: Deposit Agreement (Stora Enso Corp), Supplemental Agreement (Akzo Nobel Nv)

Outstanding Receipts. Receipts issued prior to the date Effective Date hereof, which do not reflect the changes to the Receipts effected hereby, do not need to be called in for exchange and may remain outstanding until such time as the Holders thereof choose to surrender them for any reason under the this Deposit Agreement, as amended and supplemented by this Agreement. The Depositary is authorized and directed to take any and all actions deemed necessary to effect the foregoing. The Company hereby instructs the Depositary promptly (i) to promptly send notice of the execution amendment and restatement of the Original Deposit Agreement, as amended and supplemented Agreement by this Agreement, Agreement to all holders Holders of American Depositary Receipts outstanding under the Original Deposit Agreement as of the date hereof and hereof; (ii) to promptly inform holders Holders of American Depositary Receipts outstanding under the Original Deposit Agreement as of the date hereof that they have the opportunity, but are not required, to exchange their Receipts for one or more Receipts issued pursuant to the Deposit Agreement, as amended and supplemented by this Agreement. ; and (iii) to inform Holders and Beneficial Owners of Receipts issued pursuant to the Deposit Agreement issued prior to the date hereof Effective Date and outstanding as of the date hereof, Effective Date shall, from and after the date hereofEffective Date, be deemed Holders and Beneficial Owners of Receipts issued pursuant and subject to all of the terms and conditions of the Deposit Agreement, as amended and supplemented by this Agreement, in all respects, provided, however, that any amendment to the Original Deposit Agreement effectuated by this Agreement that prejudices any substantial existing right of Holders or Beneficial Owners of Receipts issued under the Original Deposit Agreement shall not become effective as to Holders and Beneficial Owners until 30 days three months after notice of the amendment and supplement restatement effectuated by this Agreement shall have been given to holders Holders of Receipts outstanding as of the date hereofEffective Date.

Appears in 2 contracts

Samples: Deposit Agreement (Vodafone Group Public LTD Co), Deposit Agreement (Deutsche Bank Trust Co Americas/ ADR Group)

Outstanding Receipts. Receipts issued prior to the date Effective Date hereof, which do not reflect the changes to the Receipts effected hereby, do not need to be called in for exchange and may remain outstanding until such time as the Holders thereof choose to surrender them for any reason under the Deposit Agreement, as amended and supplemented by this Agreement. The Depositary is authorized and directed to take any and all actions deemed necessary to effect the foregoing. The Company hereby instructs the Depositary to promptly (i) to promptly send notice of the execution amendment of the Deposit Agreement, as amended and supplemented Agreement by this Agreement, Agreement to all holders Holders of American Depositary Receipts outstanding under the Deposit Agreement as of the date hereof and Effective Date; (ii) to promptly inform holders Holders of American Depositary Receipts outstanding under the Deposit Agreement as of the date hereof Effective Date that they have the opportunity, but are not required, to exchange their Receipts for one or more Receipts issued pursuant to the Deposit Agreement, as amended and supplemented by this Agreement. ; and (iii) inform Holders and Beneficial Owners of Receipts issued pursuant to the Deposit Agreement issued prior to the date hereof and outstanding as of the date hereof, shall, Effective Date that from and after 30 days after notice of the date hereof, amendment and supplement effectuated by this Agreement shall have been given to such Holders they shall be deemed Holders and Beneficial Owners of Receipts issued pursuant and subject to all of the terms and conditions of the Deposit Agreement, as amended and supplemented by this Agreement, in all respects, provided, however, that any amendment to the Deposit Agreement effectuated by this Agreement that prejudices any substantial existing right of Holders or Beneficial Owners of Receipts issued under the Deposit Agreement shall not become effective as to Holders and Beneficial Owners until 30 days after notice of the amendment and supplement effectuated by this Agreement shall have been given to holders of Receipts outstanding as of the date hereof.

Appears in 1 contract

Samples: Supplemental Agreement (Genesis Lease LTD)

Outstanding Receipts. Receipts issued prior to the date Effective Date hereof, which do not reflect the changes to the Receipts effected hereby, do not need to be called in for exchange and may remain outstanding until such time as the Holders thereof choose to surrender them for any reason under the Deposit Agreement, as amended and supplemented by this Agreement. The Depositary is authorized and directed to take any and all actions deemed necessary to effect the foregoing. The Company hereby instructs the Depositary promptly (i) to promptly send notice of the execution amendment of the Deposit Agreement, as amended and supplemented Agreement by this Agreement, Agreement to all holders Holders of American Depositary Receipts outstanding under the Deposit Agreement as of the date hereof and hereof; (ii) to promptly inform holders Holders of American Depositary Receipts outstanding under the Deposit Agreement as of the date hereof that they have the opportunity, but are not required, to exchange their Receipts for one or more Receipts issued pursuant to the Deposit Agreement, as amended and supplemented by this Agreement. ; and (iii) to inform Holders and Beneficial Owners of Receipts issued pursuant to the Deposit Agreement issued prior to the date Effective Date hereof and outstanding as of the date hereof, Effective Date hereof shall, from and after the date Effective Date hereof, be deemed Holders and Beneficial Owners of Receipts issued pursuant and subject to all of the terms and conditions of the Deposit Agreement, as amended and supplemented by this Agreement, in all respects, ; provided, however, that any amendment to the Deposit Agreement effectuated by this Agreement that prejudices any substantial existing right of Holders or Beneficial Owners of Receipts issued under the Deposit Agreement shall not become effective as to Holders and Beneficial Owners until 30 days three months after notice of the amendment and supplement effectuated by this Agreement shall have been given to holders Holders of Receipts outstanding as of the date Effective Date hereof.

Appears in 1 contract

Samples: Marks & Spencer Group p.l.c.

Outstanding Receipts. Receipts issued prior or subsequent to the date hereof, which do not reflect the changes to the Receipts Receipt effected herebyhereby (as set forth in Exhibit A hereto), do not need to be called in for exchange and may remain outstanding until such time as the Holders thereof choose to surrender them for any reason under the Deposit Agreement, as amended and supplemented by this Agreement. The Depositary is authorized and directed to take any and all actions deemed necessary to effect the foregoing. The Company hereby instructs the Depositary (i) to promptly send notice of the execution of the Deposit Agreement, as amended and supplemented by this AgreementAmendment, to all holders Holders of American Depositary Receipts outstanding under the Deposit Agreement as of the date hereof and (ii) to promptly inform holders of American Depositary Receipts outstanding under the Deposit Agreement as of the date hereof that they have the opportunity, but are not required, to exchange their Receipts for one or more Receipts issued pursuant to the Deposit Agreement, as amended and supplemented by this Agreementhereof. Holders and Beneficial Owners of Receipts issued pursuant to the Deposit Agreement issued prior to the date hereof and outstanding as of the date hereof, shall, from and after the date hereof, be deemed Holders and Beneficial Owners of Receipts issued pursuant and subject to all of the terms and conditions of the Deposit Agreement, as amended and supplemented by this AgreementAmendment, in all respects, provided, however, that any amendment to the Deposit Agreement effectuated by this Agreement Amendment that imposes or increases any fees or charges (other than taxes and other governmental charges, registration fees, cable, telex or facsimile transmission costs, delivery costs or other such expenses, or which otherwise prejudices any substantial existing right of Holders or Beneficial Owners of Receipts issued under the Deposit Agreement Holders, shall not become effective as to Holders and Beneficial Owners outstanding Receipts until the expiration of 30 days after notice of the such amendment and supplement effectuated by this Agreement Amendment shall have been given to holders Holders of Receipts outstanding as of the date hereofReceipts.

Appears in 1 contract

Samples: Deposit Agreement (SGL Carbon Aktiengesellschaft)

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Outstanding Receipts. Receipts issued prior to the date hereof, which do not reflect the changes to the Receipts effected hereby, do not need to be called in for exchange and may remain outstanding until such time as the Holders thereof choose to surrender them for any reason under the this Deposit Agreement, as amended and supplemented by this Agreement. The Depositary is authorized and directed to take any and all actions deemed necessary to effect the foregoing. The Company hereby instructs the Depositary to (i) to promptly send notice of the execution of the Deposit Agreement, as amended and supplemented by this Agreement, Agreement to all holders Owners and Holders of American Depositary Receipts depositary receipts outstanding under the Deposit Agreement as of the date hereof and (ii) to promptly inform holders all Owners and Holders of American Depositary Receipts depositary receipts outstanding under the Deposit Agreement as of the date hereof that they have the opportunity, but are not required, to exchange their Receipts for one or more Receipts issued pursuant to the this Deposit Agreement, as amended . Owners and supplemented by this Agreement. Holders and Beneficial Owners of Receipts issued pursuant to the Deposit Agreement issued prior to the date hereof and outstanding as of the date hereof, shall, from and after the date hereof, be deemed Owners and Holders and Beneficial Owners of Receipts issued pursuant and be subject to all of the terms and conditions of the this Deposit Agreement, as amended and supplemented by this Agreement, in all respects, ; provided, however, that any amendment to the Deposit Agreement effectuated by this Deposit Agreement that prejudices any substantial existing right of Holders or Beneficial Owners of Receipts issued under the Deposit Agreement prior to the date hereof shall not become effective as to Owners and Holders and Beneficial Owners until 30 thirty (30) calendar days after notice of the amendment and supplement effectuated by this Deposit Agreement shall have been given to holders of Receipts outstanding as of the date hereof.

Appears in 1 contract

Samples: Deposit Agreement (Deutsche Bank Trust Co Americas/ ADR Group)

Outstanding Receipts. Receipts issued prior to the date Effective Date hereof, which do not reflect the changes to the Receipts effected hereby, do not need to be called in for exchange and may remain outstanding until such time as the Holders thereof choose to surrender them for any reason under the Deposit Agreement, as amended and supplemented by this Agreement. The Depositary is authorized and directed to take any and all actions deemed necessary to effect the foregoing. The Company hereby instructs the Depositary promptly (i) to promptly send notice of the execution amendment of the Original Deposit Agreement, as amended and supplemented Agreement by this Agreement, Deposit Agreement to all holders Holders of American Depositary Receipts outstanding under the Original Deposit Agreement as of the date hereof and hereof; (ii) to promptly inform holders Holders of American Depositary Receipts outstanding under the Original Deposit Agreement as of the date hereof that they have the opportunity, but are not required, to exchange their Receipts for one or more Receipts issued pursuant to the Deposit Agreement, as amended ; and supplemented by this Agreement. (iii) to inform Holders and Beneficial Owners of Receipts issued pursuant to the Deposit Agreement issued prior to the date Effective Date hereof and outstanding as of the date hereof, Effective Date hereof shall, from and after the date Effective Date hereof, be deemed Holders and Beneficial Owners of Receipts issued pursuant and subject to all of the terms and conditions of the Deposit Agreement, as amended and supplemented by this Agreement, in all respects, provided, however, that any amendment to the Original Deposit Agreement effectuated by this Deposit Agreement that prejudices any substantial existing right of Holders or Beneficial Owners of Receipts issued under the Original Deposit Agreement shall not become effective as to Holders and Beneficial Owners until 30 days after notice of the amendment and supplement effectuated by this Deposit Agreement shall have been given to holders Holders of Receipts outstanding as of the date Effective Date hereof.

Appears in 1 contract

Samples: Deposit Agreement (Deutsche Bank Trust Co Americas/ ADR Group)

Outstanding Receipts. Receipts issued prior to the date hereof, which do not reflect the changes to the Receipts effected hereby, do not need to be called in for exchange and may remain outstanding until such time as the Holders thereof choose to surrender them for any reason under the Deposit Agreement, as amended and supplemented by this Agreement. The Depositary is authorized and directed to take any and all actions deemed necessary to effect the foregoing. The Company hereby instructs the Depositary to (i) to promptly send notice of the execution of the Deposit Agreement, as amended and supplemented by this Agreement, to all holders of American Depositary Receipts outstanding under the Deposit Agreement as of the date hereof and (ii) to promptly inform holders of American Depositary Receipts outstanding under the Deposit Agreement as of the date hereof that they have the opportunity, but are not required, to exchange their Receipts for one or more Receipts issued pursuant to the Deposit Agreement, as amended and supplemented by this Agreement. Holders and Beneficial Owners of Receipts issued pursuant to the Deposit Agreement issued prior to the date hereof and outstanding as of the date hereof, shall, from and after the date hereof, be deemed Holders and Beneficial Owners of Receipts issued pursuant and be subject to all of the terms and conditions of the Deposit Agreement, as amended and supplemented by this Agreement, in all respects, provided, however, that any amendment to the Deposit Agreement effectuated by this Agreement that prejudices any substantial existing right of Holders or Beneficial Owners of Receipts issued under the Deposit Agreement shall not become effective as to Holders and Beneficial Owners until 30 thirty (30) days after notice of the amendment and supplement effectuated by this Agreement shall have been given to holders of Receipts outstanding as of the date hereof.

Appears in 1 contract

Samples: Supplemental Agreement (Gemplus International Sa)

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