Common use of Payment of Taxes or Other Governmental Charges Clause in Contracts

Payment of Taxes or Other Governmental Charges. Holders of Receipts shall be obligated to make payments to the Depositary of certain fees, taxes, charges and expenses as provided in Section 5.08, or provide evidence satisfactory to the Depositary that such fees, taxes, charges and expenses have been paid. Registration of transfer or exchange of any Receipt, or any withdrawal of the shares of Stock represented by the Depositary Shares evidenced by such Receipt, may be refused and delivery of all money or other property, if any, represented by the Depositary Shares evidenced by such Receipt may be refused until any such payment due is made, and any dividends, interest payments or other distributions may be withheld or all or any part of the shares of Stock or other property represented by the Depositary Shares evidenced by such Receipt and not theretofore sold may be sold for the account of the holder thereof (after attempting by reasonable means to notify such holder prior to such sale), and such dividends, interest payments or other distributions or the proceeds of any such sale may be applied to any payment of such fees, taxes, charges or expenses, the holder of such Receipt remaining liable for any deficiency.

Payment of Taxes or Other Governmental Charges. Holders If any tax or other governmental charge shall become payable by or on behalf of Receipts the Depositary with respect to any Receipt evidencing Depositary Shares or with respect to the Preferred Stock (or any fractional interest therein) represented by such Depositary Shares, such tax (including transfer taxes, if any) or governmental charge shall be obligated payable by the holder of such Receipt, subject to make payments to the Depositary of certain fees, taxes, charges and expenses as provided exceptions set forth in Section 5.08, or provide evidence satisfactory to the Depositary that such fees, taxes, charges and expenses have been paid5.7. Registration of transfer or exchange Transfer of any Receipt, Receipt or any withdrawal of the shares of Preferred Stock represented by the Depositary Shares evidenced by such Receipt, may be refused and delivery of all money or other property, if any, represented by the Depositary Shares evidenced by such Receipt may be refused until any such payment due is made, and any dividends, interest payments or other distributions may be withheld or all withheld, or any part or all of the shares of Preferred Stock or other property represented by the Depositary Shares evidenced by such Receipt and not theretofore sold may be sold for the account of the holder thereof (after attempting by reasonable means to notify such holder prior to such sale), and such dividends, interest payments or other distributions or the proceeds of any such sale may be applied to any payment of such fees, taxes, charges tax or expensesother governmental charge, the holder of such Receipt remaining liable for any deficiency.