Common use of Prevention or Delay in Performance by the Depositary Clause in Contracts

Prevention or Delay in Performance by the Depositary. the Depositary's Agents, the Registrar or the Company. Neither the Depositary nor any Depositary's Agent nor the Registrar nor the Company shall incur any liability to any holder of any Receipt, if by reason of any provision of any present or future law or regulation thereunder of the United States of America or of any other governmental authority or, in the case of the Depositary, the Registrar or any Depositary's Agent, by reason of any provision, present or future, of the Certificate of Incorporation or the Certificate of Designation or, in the case of the Company, the Depositary, the Registrar or any Depositary's Agent, by reason of any act of God or war or other circumstances beyond the control of the relevant party, the Depositary, any Depositary's Agent, the Registrar or the Company shall be prevented or forbidden from doing or performing any act or thing that the terms of this Deposit Agreement provide shall be done or performed; nor shall the Depositary, any Depositary's Agent, the Registrar or the Company incur any liability to any holder of a Receipt (i) by reason of any nonperformance or delay, caused as aforesaid, in the performance of any act or thing that the terms of this Deposit Agreement provide shall or may be done or performed, or (ii) by reason of any exercise of, or failure to exercise, any discretion provided for in this Deposit Agreement except, in the case of the Depositary, any Depositary's Agent or the Registrar, if any such exercise or failure to exercise discretion is caused by its gross negligence or willful misconduct.

Appears in 3 contracts

Samples: Deposit Agreement (Masco Corp /De/), Deposit Agreement (Apache Corp), Deposit Agreement (Masco Corp /De/)

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Prevention or Delay in Performance by the Depositary. the Depositary's ’s Agents, the Registrar Registrar, the Calculation Agent, the Transfer Agent or the Company. Neither None of the Depositary nor Depositary, any Depositary's Agent nor ’s Agent, the Registrar nor Registrar, the Calculation Agent, the Transfer Agent, or the Company shall incur any liability to any holder of any Receipt, if by reason of any provision of any present or future law or regulation thereunder of the United States of America or of any other governmental authority or, in the case of the Depositary, the Registrar or any Depositary's ’s Agent, the Registrar, the Calculation Agent or the Transfer Agent, by reason of any provision, present or future, of the Certificate of Incorporation or the Certificate of Designation or, in the case of the Company, the Depositary, the Registrar or any Depositary's ’s Agent, the Transfer Agent, the Calculation Agent or the Registrar, by reason of any act of God or war or other circumstances circumstance beyond the control of the relevant party, the Depositary, any Depositary's ’s Agent, the Transfer Agent, the Calculation Agent, the Registrar or the Company shall be prevented or forbidden from doing or performing any act or thing that the terms of this Deposit Agreement provide shall be done or performed; nor shall the Depositary, any Depositary's ’s Agent, the Transfer Agent, the Calculation Agent, the Registrar or the Company incur any liability to any holder of a Receipt (i) by reason of any nonperformance or delay, caused as aforesaid, in the performance of any act or thing that the terms of this Deposit Agreement provide shall or may be done or performed, or (ii) by reason of any exercise of, or failure to exercise, any discretion provided for in this Deposit Agreement except, in the case of the Depositary, any Depositary's Agent or the Registrar, if any such exercise or failure to exercise discretion is caused by its gross negligence or willful misconductAgreement.

Appears in 2 contracts

Samples: Deposit Agreement (American Express Co), Deposit Agreement (American Express Co)

Prevention or Delay in Performance by the Depositary. the --------------------------------------------------------- Depositary's Agents, the Registrar or the Company. Neither the Depositary nor ------------------------------------------------- any Depositary's Agent nor the Registrar nor the Company shall incur any liability to any holder of any Receipt, if by reason of any provision of any present or future law or regulation thereunder of the United States of America or of any other governmental authority or, in the case of the Depositary, the Registrar or any Depositary's Agent, by reason of any provision, present or future, of the Certificate of Incorporation or the Certificate of Designation Determination or, in the case of the Company, the Depositary, the Registrar or any Depositary's Agent, by reason of any act of God or war or other circumstances beyond the control of the relevant party, the Depositary, any Depositary's Agent, the Registrar or the Company shall be prevented or forbidden from doing or performing any act or thing that the terms of this Deposit Agreement provide shall be done or performed; nor shall the Depositary, any Depositary's Agent, the Registrar or the Company incur any liability to any holder of a Receipt (ia) by reason of any nonperformance or delay, caused as aforesaid, in the performance of any act or thing that the terms of this Deposit Agreement provide shall or may be done or performed, or (iib) by reason of any exercise of, or failure to exercise, any discretion provided for in this Deposit Agreement except, in the case of the Depositary, any Depositary's Agent or the Registrar, if any such exercise or failure to exercise discretion is caused by its gross negligence or willful misconductbad faith.

Appears in 1 contract

Samples: Deposit Agreement (Torchmark Corp)

Prevention or Delay in Performance by the Depositary. the Depositary's ’s Agents, the Registrar or the Company. Neither None of the Depositary nor Depositary, any Depositary's Agent nor the ’s Agent, any Registrar nor or the Company shall incur any liability to any holder of any Receipt, if by reason of any provision of any present or future law or regulation thereunder of the United States of America or of any other governmental authority orauthority, in the case of the Depositary, the Registrar Depositary’s Agent or any Depositary's Agentthe Registrar, by reason of any provision, present or future, of the Certificate Articles of Incorporation or the Certificate of Designation orDesignations, or in the case of the Company, the Depositary, the Registrar Depositary’s Agent or any Depositary's Agentthe Registrar, by reason of any act of God or war or other circumstances circumstance beyond the control of the relevant party, the Depositary, any Depositary's ’s Agent, the Registrar or the Company shall be prevented or forbidden from from, or subjected to any penalty on account of, doing or performing any act or thing that the terms of this Deposit Agreement provide shall be done or performed; nor shall the Depositary, any Depositary's ’s Agent, the any Registrar or the Company incur any liability to any holder of a Receipt (ia) by reason of any nonperformance or delay, caused as aforesaid, in the performance of any act or thing that the terms of this Deposit Agreement provide shall or may be done or performed, or (iib) by reason of any exercise of, or failure to exercise, any discretion provided for in this Deposit Agreement Agreement, except, in the case of the Depositary, any Depositary's Agent or the Registrar, if any such exercise or failure to exercise discretion is not caused as aforesaid, if caused by its the gross negligence negligence, willful misconduct or willful misconductbad faith of the party charged with such exercise or failure to exercise, as finally determined by a court of competent jurisdiction, or as otherwise explicitly set forth in this Deposit Agreement.

Appears in 1 contract

Samples: Deposit Agreement (Sb Financial Group, Inc.)

Prevention or Delay in Performance by the Depositary. the Depositary's Agents, the Registrar or the Company. Neither the Depositary nor Depositary, any Depositary's Agent nor the Agent, any Registrar nor the Company shall incur any liability to any holder of any Receipt, if by reason of any provision of any present or future law or regulation thereunder of the United States of America or of any other governmental authority or, in the case of the Depositary, the Registrar or any Depositary's AgentAgent or any Registrar, by reason of any provision, present or future, of the Certificate of Incorporation or the Certificate of Designation or, in the case of the Company, the Depositary, the Registrar Depositary's Agent or any Depositary's AgentRegistrar, by reason of any act of God or war or other circumstances circumstance beyond the control of the relevant party, the Depositary, any Depositary's Agent, the any Registrar or the Company shall be prevented or forbidden from doing or performing any act or thing that the terms of this Deposit Agreement provide shall be done or performed; nor shall the Depositary, any Depositary's Agent, the any Registrar or the Company incur any liability to any holder of a Receipt (i) by reason of any nonperformance or delay, caused as aforesaid, in the performance of any act or thing that the terms of this Deposit Agreement provide shall or may be done or performed, or (ii) by reason of any exercise of, or failure to exercise, any discretion provided for in this Deposit Agreement except, in the case of the Depositary, any Depositary's Agent or the Registrar, if any such exercise or failure to exercise discretion is caused by its gross negligence or willful misconductAgreement.

Appears in 1 contract

Samples: Deposit Agreement (Meditrust Corp)

Prevention or Delay in Performance by the Depositary. the Depositary's AgentsTHE DEPOSITARY'S AGENTS, the Registrar or the CompanyTHE REGISTRAR OR THE COMPANY. Neither the Depositary nor any Depositary's Agent nor the Registrar nor the Company shall incur any liability to any holder of any Receipt, if by reason of any provision of any present or future law or regulation thereunder of the United States of America or of any other governmental authority or, in the case of the Depositary, the Registrar or any Depositary's Agent, by reason of any provision, present or future, of the Certificate Articles of Incorporation or the Certificate of Designation Determination or, in the case of the Company, the Depositary, the Registrar or any Depositary's Agent, by reason of any act of God or war or other circumstances beyond the control of the relevant party, the Depositary, any Depositary's Agent, the Registrar or the Company shall be prevented or forbidden from doing or performing any act or thing that the terms of this Deposit Agreement provide shall be done or performed; nor shall the Depositary, any Depositary's Agent, the Registrar or the Company incur any liability to any holder of a Receipt (ia) by reason of any nonperformance or delay, caused as aforesaid, in the performance of any act or thing that the terms of this Deposit Agreement provide shall or may be done or performed, or (iib) by reason of any exercise of, or failure to exercise, any discretion provided for in this Deposit Agreement except, in the case of the Depositary, any Depositary's Agent or the Registrar, if any such exercise or failure to exercise discretion is caused by its gross negligence or willful misconductbad faith.

Appears in 1 contract

Samples: Deposit Agreement (Unionbancal Finance Trust Iv)

Prevention or Delay in Performance by the Depositary. the Depositary's ’s Agents, the Registrar or the Company. Neither None of the Depositary nor Depositary, any Depositary's Agent nor the Registrar nor ’s Agent, any Registrar, any Transfer Agent, or the Company shall incur any liability to any holder of any Receipt, if by reason of any provision of any present or future law or regulation thereunder of the United States of America or of any other governmental authority or, in the case of the Depositary, the Depositary’s Agent or the Registrar or any Depositary's Transfer Agent, by reason of any provision, present or future, of the Certificate of Incorporation or the Certificate of Designation or, in the case of the Company, the Depositary, the Registrar Depositary’s Agent, the Transfer Agent or any Depositary's Agentthe Registrar, by reason of any act of God or war or other circumstances circumstance beyond the control of the relevant party, the Depositary, any Depositary's ’s Agent, the Transfer Agent, the Registrar or the Company shall be prevented or forbidden from doing or performing any act or thing that the terms of this Deposit Agreement provide shall be done or performed; nor shall the Depositary, any Depositary's ’s Agent, the Transfer Agent, any Registrar or the Company incur any liability to any holder of a Receipt (i) by reason of any nonperformance or delay, caused as aforesaid, in the performance of any act or thing that the terms of this Deposit Agreement provide shall or may be done or performed, or (ii) by reason of any exercise of, or failure to exercise, any discretion provided for in this Deposit Agreement except, in the case of the Depositary, any Depositary's Agent or the Registrar, if any such exercise or failure to exercise discretion is caused by its gross negligence or willful misconductAgreement.

Appears in 1 contract

Samples: Deposit Agreement (AGNC Investment Corp.)

Prevention or Delay in Performance by the Depositary. the Depositary's Agents, the Registrar or the CompanyTHE ------------ --------------------------------------------------------- DEPOSITARY'S AGENTS OR THE COMPANY. Neither the Depositary nor any Depositary's ---------------------------------- Agent nor the Registrar nor the Company shall incur any liability to any holder of any Receipt, if (i) by reason of any provision of any present or future law law, or regulation thereunder thereunder, of the United States of America or of any other governmental authority or, in the case of the Depositary, Depositary or the Registrar or any Depositary's Agent, by reason of any provision, present or future, of the Certificate Articles of Incorporation or the Certificate of Designation orDesignation, in the case of the Company, the Depositary, the Registrar or any Depositary's Agent, (ii) by reason of any act of God or war or other circumstances circumstance beyond the control of the relevant party, the Depositary, any the Depositary's Agent, the Registrar Agent or the Company shall be prevented or forbidden from doing or performing any act or thing that which the terms of this Deposit Agreement provide shall be done or performed; nor shall the Depositary, any Depositary's Agent, the Registrar Agent or the Company incur any liability to any holder of a Receipt (i) by reason of any nonperformance non-performance or delay, delay caused as aforesaid, in the performance of any act or thing that which the terms of this Deposit Agreement provide shall or may be done or performed, performed or (ii) by reason of any exercise of, or failure to exercise, any discretion provided for in this Deposit Agreement except, in the case of the Depositary, any Depositary's Agent or the Registrar, if any such exercise or failure to exercise discretion is caused by its gross negligence or willful misconductAgreement.

Appears in 1 contract

Samples: Deposit Agreement (Boatmens Bancshares Inc /Mo)

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Prevention or Delay in Performance by the Depositary. the Depositary's Agents, the Registrar or the Company. Neither None of the Depositary nor Depositary, any Depositary's Agent nor the Agent, any Registrar nor or the Company shall incur any liability to any holder of any Receipt, if by reason of any provision of any present or future law or regulation thereunder of the United States of America or of any other governmental authority or, in the case of the Depositary, the Registrar or any Depositary's AgentAgent or the Registrar, by reason of any provision, present or future, of the Certificate Articles of Incorporation or the Certificate of Designation Articles Supplementary or, in the case of the Company, the Depositary, the Registrar or any Depositary's AgentAgent or the Registrar, by reason of any act of God or war or other circumstances circumstance beyond the control of the relevant party, the Depositary, any Depositary's Agent, the Registrar or the Company shall be prevented or forbidden from doing or performing any act or thing that the terms of this Deposit Agreement provide shall be done or performed; nor shall the Depositary, any Depositary's Agent, the any Registrar or the Company incur any liability to any holder of a Receipt (i) by reason of any nonperformance or delay, caused as aforesaid, in the performance of any act or thing that the terms of this Deposit Agreement provide shall or may be done or performed, or (ii) by reason of any exercise of, or failure to exercise, any discretion provided for in this Deposit Agreement except, in the case of the Depositary, any Depositary's Agent or the Registrar, if any such exercise or failure to exercise discretion is caused by its gross negligence or willful misconductAgreement.

Appears in 1 contract

Samples: Agreement (New Plan Excel Realty Trust Inc)

Prevention or Delay in Performance by the Depositary. the Depositary's Agents, the Registrar or the Company. Neither the Depositary nor any Depositary's Agent nor the Registrar nor the Company shall incur any liability to any holder of any Receipt, if by reason of any provision of any present or future law or regulation thereunder of the United States of America or of any other governmental authority or, in the case of the Depositary, the Registrar or any Depositary's Agent, by reason of any provision, present or future, of the Certificate Articles of Incorporation or the Certificate of Designation Articles Supplementary or, in the case of the Company, the Depositary, the Registrar or any Depositary's Agent, by reason of any act of God or war or other circumstances beyond the control of the relevant party, the Depositary, any Depositary's Agent, the Registrar or the Company shall be prevented or forbidden from doing or performing any act or thing that the terms of this Deposit Agreement provide shall be done or performed; nor shall the Depositary, any Depositary's Agent, the Registrar or the Company incur any liability to any holder of a Receipt (i) by reason of any nonperformance or delay, caused as aforesaid, in the performance of any act or thing that the terms of this Deposit Agreement provide shall or may be done or performed, or (ii) by reason of any exercise of, or failure to exercise, any discretion provided for in this Deposit Agreement except, in the case of the Depositary, any Depositary's Agent or the Registrar, if any such exercise or failure to exercise discretion is caused by its gross negligence or willful misconductbad faith.

Appears in 1 contract

Samples: Deposit Agreement (Sunamerica Capital Trust Iv)

Prevention or Delay in Performance by the Depositary. the Depositary's Agents, the Registrar or the Company. Neither the Depositary nor any Depositary's Agent nor the Registrar nor the Company shall incur any liability to any holder of any Receipt, if by reason of any provision of any present or future law or regulation thereunder of the United States of America or of any other governmental authority or, in the case of the Depositary, the Registrar or any Depositary's Agent, by reason of any provision, present or future, of the Certificate of Incorporation or the Certificate of Designation Designations or, in the case of the Company, the Depositary, the Registrar or any Depositary's Agent, by reason of any act of God or war or other circumstances beyond the control of the relevant party, the Depositary, any Depositary's Agent, the Registrar or the Company shall be prevented or forbidden from doing or performing any act or thing that the terms of this Deposit Agreement provide shall be done or performed; nor shall the Depositary, any Depositary's Agent, the Registrar or the Company incur any liability to any holder of a Receipt (i) by reason of any nonperformance or delay, caused as aforesaid, in the performance of any act or thing that the terms of this Deposit Agreement provide shall or may be done or performed, or (ii) by reason of any exercise of, or failure to exercise, any discretion provided for in this Deposit Agreement except, in the case of the Depositary, any Depositary's Agent or the Registrar, if any such exercise or failure to exercise discretion is caused by its gross negligence or willful misconductbad faith.

Appears in 1 contract

Samples: Deposit Agreement (Freeport McMoran Copper & Gold Inc)

Prevention or Delay in Performance by the Depositary. the Depositary's Agents, the Registrar or the Company. ----------------------------------------------------- Neither the Depositary nor any Depositary's Agent nor the Registrar nor the Company shall incur any liability to any holder of any Receipt, if by reason of any provision of any present or future law or regulation thereunder of the United States of America or of any other governmental authority or, in the case of the Depositary, the Registrar or any Depositary's Agent, by reason of any provision, present or future, of the Certificate of Incorporation or the Certificate of Designation Designations or, in the case of the Company, the Depositary, the Registrar or any Depositary's Agent, by reason of any act of God or war or other circumstances beyond the control of the relevant party, the Depositary, any Depositary's Agent, the Registrar or the Company shall be prevented or forbidden from doing or performing any act or thing that the terms of this Deposit Agreement provide shall be done or performed; nor shall the Depositary, any Depositary's Agent, the Registrar or the Company incur any liability to any holder of a Receipt (ia) by reason of any nonperformance or delay, caused as aforesaid, in the performance of any act or thing that the terms of this Deposit Agreement provide shall or may be done or performed, or (iib) by reason of any exercise of, or failure to exercise, any discretion provided for in this Deposit Agreement except, in the case of the Depositary, any Depositary's Agent or the Registrar, if any such exercise or failure to exercise discretion is caused by its gross negligence or willful misconductbad faith.

Appears in 1 contract

Samples: Deposit Agreement (McKesson Financing Trust Iv)

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