Common use of Reporting Obligations and Regulatory Approvals Clause in Contracts

Reporting Obligations and Regulatory Approvals. Applicable laws and regulations may require holders and beneficial owners of Shares, including the Holders and Beneficial Owners of ADSs, to satisfy reporting requirements and obtain regulatory approvals in certain circumstances. Holders and Beneficial Owners of ADSs are solely responsible for determining and complying with such reporting requirements and obtaining such approvals. Each Holder and each Beneficial Owner hereby agrees to make such determination, file such reports, and obtain such approvals to the extent and in the form required by applicable laws and regulations as in effect from time to time. Neither the Depositary, the Custodian, the Company or any of their respective agents or affiliates shall be required to take any actions whatsoever on behalf of Holders or Beneficial Owners to determine or satisfy such reporting requirements or obtain such regulatory approvals under applicable laws and regulations. The Company hereby confirms to the Depositary that, as of the date of the Deposit Agreement, Holders and Beneficial Owners who are non-Argentine entities, are not registered with the applicable public registry of commerce of Argentina and withdraw Deposited Securities for their own account, either by electronic transfer or by receipt of certificated securities, shall register with the applicable public registry of commerce of Argentina to exercise certain shareholder rights, including voting rights.

Reporting Obligations and Regulatory Approvals. Applicable laws and regulations and the Bylaws may require holders and beneficial owners of Shares, including the Holders and Beneficial Owners of ADSs, to satisfy reporting requirements and obtain regulatory approvals in certain circumstances. Holders and Beneficial Owners of ADSs are solely responsible for determining and complying with such reporting requirements and obtaining such approvals. Each Holder and each Beneficial Owner hereby agrees to make such determination, file such reports, and obtain such approvals to the extent and in the form required by applicable laws and regulations as in effect from time to time. Neither the Depositary, the Custodian, the Company or nor any of their respective agents or affiliates shall be required to take any actions whatsoever on behalf of Holders or Beneficial Owners to determine or satisfy such reporting requirements or obtain such regulatory approvals under applicable laws and regulations. The Company hereby confirms to the Depositary that, as As of the date of the Deposit Agreement, Holders and Beneficial Owners who are non-Argentine entities, are not registered with the applicable public registry of commerce of Argentina and withdraw Deposited Securities for their own account, either by electronic transfer or by receipt of certificated securities, shall register with the applicable public registry of commerce of Argentina to directly exercise certain shareholder rights, including voting rights.

Reporting Obligations and Regulatory Approvals. Applicable laws and regulations and the Bylaws may require holders and beneficial owners of Shares, including the Holders and Beneficial Owners of ADSs, to satisfy reporting requirements and obtain regulatory approvals in certain circumstances. Holders and Beneficial Owners of ADSs are solely responsible for determining and complying with such reporting requirements and obtaining such approvals. Each Holder and each Beneficial Owner hereby agrees to make such determination, file such reports, and obtain such approvals to the extent and in the form required by applicable laws and regulations as in effect from time to time. Neither the Depositary, the Custodian, the Company or nor any of their respective agents or affiliates shall be required to take any actions whatsoever on behalf of Holders or Beneficial Owners to determine or satisfy such reporting requirements or obtain such regulatory approvals under applicable laws and regulations. The Company hereby confirms to the Depositary that, as As of the date of the this Deposit Agreement, Holders and Beneficial Owners who are non-Argentine entities, are not registered with the applicable public registry of commerce of Argentina and withdraw Deposited Securities for their own account, either by electronic transfer or by receipt of certificated securities, shall register with the applicable public registry of commerce of Argentina to directly exercise certain shareholder rights, including voting rights.

Reporting Obligations and Regulatory Approvals. Applicable laws and regulations and the Articles of Association (Estatutos Sociales) of the Company may require holders and beneficial owners of Shares, including the Holders and Beneficial Owners of ADSs, to satisfy reporting requirements and obtain regulatory approvals in certain circumstances. Holders and Beneficial Owners of ADSs are solely responsible for determining and complying with such reporting requirements and obtaining such approvals. Each Holder and each Beneficial Owner hereby agrees to make such determination, file such reports, and obtain such approvals to the extent and in the form required by applicable laws and regulations as in effect from time to time. Neither the Depositary, the Custodian, the Company or nor any of their respective agents or affiliates shall be required to take any actions whatsoever on behalf of Holders or Beneficial Owners to determine or satisfy such reporting requirements or obtain such regulatory approvals under applicable laws and regulations. The Company hereby confirms to has informed the Depositary thatthat under Argentine law, as in effect as of the date of the Deposit Agreementhereof, Holders and Beneficial Owners who are non-Argentine entities, are not registered with the applicable public registry of commerce of Argentina and withdraw Deposited Securities for their own account, either by electronic transfer or by receipt of certificated securities, shall may, but are not required to, register with the applicable public registry Argentine Registro Nacional de Inversiones Extranjeros (the National Registry of commerce of Argentina Foreign Investment) in order to exercise qualify for certain shareholder rights, including voting rightsbenefits under the Argentine Foreign Investment Law relating to foreign exchange controls and restrictions with respect thereto.

Reporting Obligations and Regulatory Approvals. Applicable laws and regulations and the Articles of Association (Estatutos Sociales) may require holders and beneficial owners of Shares, including the Holders and Beneficial Owners of ADSs, to satisfy reporting requirements and obtain regulatory approvals in certain circumstances. Holders and Beneficial Owners of ADSs are solely responsible for determining and complying with such reporting requirements and obtaining such approvals. Each Holder and each Beneficial Owner hereby agrees to make such determination, file such reports, and obtain such approvals to the extent and in the form required by applicable laws and regulations as in effect from time to time. Neither the Depositary, the Custodian, the Company or any of their respective agents or affiliates shall be required to take any actions whatsoever on behalf of Holders or Beneficial Owners to determine or satisfy such reporting requirements or obtain such regulatory approvals under applicable laws and regulations. The Company hereby confirms to has informed the Depositary thatthat under Argentine law, as in effect as of the date of the Deposit Agreementhereof, Holders and Beneficial Owners who are non-Argentine entities, are not registered with the applicable public registry of commerce of Argentina and withdraw Deposited Securities for their own account, either by electronic transfer or by receipt of certificated securities, shall may, but are not required to, register with the applicable public registry Argentine Registro Nacional de Inversiones Extranjeros (the National Registry of commerce of Argentina Foreign Investment) in order to exercise qualify for certain shareholder rights, including voting rightsbenefits under the Argentine Foreign Investment Law relating to foreign exchange controls and restrictions with respect thereto.