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 Owners 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. Owners and holders 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 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.

Appears in 1 contract

Samples: Deposit Agreement (Hilton Group PLC/Fi)

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Outstanding Receipts. Receipts issued prior to the date hereof, which do not reflect the changes to the Receipts form of Receipt effected hereby, do not need to be called in for exchange and may remain outstanding until such time as the Owners thereof choose to surrender them for any reason under the Deposit Agreement, as amended and supplemented by this AgreementAmendment. The Depositary is authorized and directed to take any and all actions deemed necessary to effect the foregoing. Owners and holders beneficial owners of Receipts American Depositary Shares 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 Owners and holders of Receipts American Depositary Shares issued pursuant and be subject to all of the terms and conditions of the Deposit Agreement, as amended and supplemented by this AgreementAmendment, in all respects.

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 form of Receipt effected hereby, do not need to be called in for exchange and may remain outstanding until such time as the Owners thereof choose to surrender them for any reason under the Deposit Agreement, as amended and supplemented by this AgreementAmendment. The Depositary is authorized and directed to take any and all actions deemed necessary to effect the foregoing. Owners and holders Beneficial Owners of Receipts American Depositary Shares 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 Owners and holders of Receipts American Depositary Shares issued pursuant and be subject to all of the terms and conditions of the Deposit Agreement, as amended and supplemented by this AgreementAmendment, in all respects.

Appears in 1 contract

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

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Outstanding Receipts. Receipts issued prior to the date hereof, which do not reflect the changes to the Receipts form of Receipt effected hereby, do not need to be called in for exchange and may remain outstanding until such time as the Owners thereof choose to surrender them for any reason under the Deposit Agreement, as amended and supplemented by this AgreementAmendment. The Depositary is authorized and directed to take any and all actions deemed necessary to effect the foregoing. Owners and holders Holders of Receipts American Depositary Shares 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 Holders of Receipts American Depositary Shares issued pursuant and be subject to all of the terms and conditions of the Deposit Agreement, as amended and supplemented by this AgreementAmendment, in all respects.

Appears in 1 contract

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

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