Common use of Split-ups and Combinations Clause in Contracts

Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Preferred Shares. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder of the Receipt or Receipts so surrendered. Any Holder of a Receipt or Receipts may withdraw the number of whole shares of the Preferred Shares and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Preferred Shares (or money and other property, if any, represented thereby) which has previously been called for redemption. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or Receipts, without unreasonable delay (provided the Company has provided the Depositary with all necessary documentation), the Depositary shall deliver to such Holder, or to the Person or Persons designated by such Holder as hereinafter provided, the number of whole shares of the Preferred Shares and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but Holders of such whole shares of the Preferred Shares will not thereafter be entitled to deposit such shares of the Preferred Shares hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Preferred Shares and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary), which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Preferred Shares to be withdrawn, the Depositary shall at the same time, in addition to such number of whole shares of the Preferred Shares and such money and other property, if any, to be so withdrawn, deliver to such Holder, or subject to Section 2.3 upon such Holder’s order, a new Receipt evidencing such excess number of Depositary Shares. In no event will fractional shares of the Preferred Shares (or any cash payment in lieu thereof) be delivered by the Depositary. Delivery of shares of the Preferred Shares and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary). If shares of the Preferred Shares and the money and other property, if any, being withdrawn are to be delivered to a Person or Persons other than the Record Holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Preferred Shares, such Holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder for withdrawal of such shares of the Preferred Shares be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Preferred Shares and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder surrendering such Receipt or Receipts and for the account of the Holder thereof, such delivery may be made at such other place as may be designated by such Holder.

Appears in 5 contracts

Samples: Deposit Agreement (SVB Financial Group), Deposit Agreement (SVB Financial Group), Deposit Agreement (SVB Financial Group)

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Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Series B Preferred SharesStock. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder of the Receipt or Receipts so surrendered. Any Holder of a Receipt or Receipts may withdraw the number of whole shares of the Series B Preferred Shares Stock and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Series B Preferred Shares Stock (or money and other property, if any, represented thereby) which has previously been called for redemption. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or Receipts, without unreasonable delay (provided the Company Corporation has provided the Depositary with all necessary documentation), the Depositary shall deliver to such Holder, or to the Person or Persons designated by such Holder as hereinafter provided, the number of whole shares of the Series B Preferred Shares Stock and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but Holders of such whole shares of the Series B Preferred Shares Stock will not thereafter be entitled to deposit such shares of the Series B Preferred Shares Stock hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Series B Preferred Shares Stock and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company Corporation and the Depositary), which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Series B Preferred Shares Stock to be withdrawn, the Depositary shall at the same time, in addition to such number of whole shares of the Series B Preferred Shares Stock and such money and other property, if any, to be so withdrawn, deliver to such Holder, or subject to Section 2.3 upon such Holder’s order, a new Receipt evidencing such excess number of Depositary Shares. In no event will fractional shares of the Series B Preferred Shares Stock (or any cash payment in lieu thereof) be delivered by the Depositary. Delivery of shares of the Series B Preferred Shares Stock and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company Corporation and the Depositary). If shares of the Series B Preferred Shares Stock and the money and other property, if any, being withdrawn are to be delivered to a Person or Persons other than the Record Holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Series B Preferred SharesStock, such Holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder for withdrawal of such shares of the Series B Preferred Shares Stock be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Series B Preferred Shares Stock and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder surrendering such Receipt or Receipts and for the account of the Holder thereof, such delivery may be made at such other place as may be designated by such Holder.

Appears in 3 contracts

Samples: Deposit Agreement (Pinnacle Financial Partners Inc), Deposit Agreement (Voya Financial, Inc.), Deposit Agreement (Voya Financial, Inc.)

Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Series D Preferred SharesStock. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder of the Receipt or Receipts so surrendered. Any Holder of a Receipt or Receipts may withdraw the number of whole shares of the Series D Preferred Shares Stock and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Series D Preferred Shares Stock (or money and other property, if any, represented thereby) which has previously been called for redemption. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or Receipts, without unreasonable delay (provided the Company Corporation has provided the Depositary with all necessary documentation), the Depositary shall deliver to such Holder, or to the Person or Persons designated by such Holder as hereinafter provided, the number of whole shares of the Series D Preferred Shares Stock and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but Holders of such whole shares of the Series D Preferred Shares Stock will not thereafter be entitled to deposit such shares of the Series D Preferred Shares Stock hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Series D Preferred Shares Stock and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company Corporation and the Depositary), which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Series D Preferred Shares Stock to be withdrawn, the Depositary shall at the same time, in addition to such number of whole shares of the Series D Preferred Shares Stock and such money and other property, if any, to be so withdrawn, deliver to such Holder, or subject to Section 2.3 upon such Holder’s order, a new Receipt evidencing such excess number of Depositary Shares. In no event will fractional shares of the Series D Preferred Shares Stock (or any cash payment in lieu thereof) be delivered by the Depositary. Delivery of shares of the Series D Preferred Shares Stock and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company Corporation and the Depositary). If shares of the Series D Preferred Shares Stock and the money and other property, if any, being withdrawn are to be delivered to a Person or Persons other than the Record Holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Series D Preferred SharesStock, such Holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder for withdrawal of such shares of the Series D Preferred Shares Stock be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Series D Preferred Shares Stock and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder surrendering such Receipt or Receipts and for the account of the Holder thereof, such delivery may be made at such other place as may be designated by such Holder.

Appears in 2 contracts

Samples: Deposit Agreement (Citizens Financial Group Inc/Ri), Deposit Agreement (Citizens Financial Group Inc/Ri)

Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Series E Preferred SharesStock. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder of the Receipt or Receipts so surrendered. Any Holder of a Receipt or Receipts may withdraw the number of whole shares of the Series E Preferred Shares Stock and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Series E Preferred Shares Stock (or money and other property, if any, represented thereby) which has previously been called for redemption. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or Receipts, without unreasonable delay (provided the Company Corporation has provided the Depositary with all necessary documentation), the Depositary shall deliver to such Holder, or to the Person or Persons designated by such Holder as hereinafter provided, the number of whole shares of the Series E Preferred Shares Stock and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but Holders of such whole shares of the Series E Preferred Shares Stock will not thereafter be entitled to deposit such shares of the Series E Preferred Shares Stock hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Series E Preferred Shares Stock and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company Corporation and the Depositary), which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Series E Preferred Shares Stock to be withdrawn, the Depositary shall at the same time, in addition to such number of whole shares of the Series E Preferred Shares Stock and such money and other property, if any, to be so withdrawn, deliver to such Holder, or subject to Section 2.3 upon such Holder’s order, a new Receipt evidencing such excess number of Depositary Shares. In no event will fractional shares of the Series E Preferred Shares Stock (or any cash payment in lieu thereof) be delivered by the Depositary. Delivery of shares of the Series E Preferred Shares Stock and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company Corporation and the Depositary). If shares of the Series E Preferred Shares Stock and the money and other property, if any, being withdrawn are to be delivered to a Person or Persons other than the Record Holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Series E Preferred SharesStock, such Holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder for withdrawal of such shares of the Series E Preferred Shares Stock be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Series E Preferred Shares Stock and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder surrendering such Receipt or Receipts and for the account of the Holder thereof, such delivery may be made at such other place as may be designated by such Holder.

Appears in 1 contract

Samples: Deposit Agreement (Citizens Financial Group Inc/Ri)

Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Series R Preferred SharesStock. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder of the Receipt or Receipts so surrendered. Any Holder of a Receipt or Receipts may withdraw the number of whole shares of the Series R Preferred Shares Stock and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Preferred Shares (or money and other property, if any, represented thereby) which has previously been called for redemptionOffice. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or ReceiptsThereafter, without unreasonable delay (provided the Company has provided the Depositary with all necessary documentation)delay, the Depositary shall deliver to such Holder, or to the Person person or Persons persons designated by such Holder as hereinafter provided, the number of whole shares of the Series R Preferred Shares Stock and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but Holders of such whole shares of the Series R Preferred Shares Stock will not thereafter be entitled to deposit such shares of the Series R Preferred Shares Stock hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Preferred Shares and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary), which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Series R Preferred Shares to be withdrawnStock, the Depositary shall at the same time, in addition to such number of whole shares of the Series R Preferred Shares Stock and such money and other property, if any, to be so withdrawn, deliver to such Holder, or subject to Section 2.3 upon such Holder’s his order, a new Receipt evidencing such excess number of Depositary Shares. In no event will fractional shares of the Series R Preferred Shares Stock (or any cash payment in lieu thereof) be delivered by the Depositary. Delivery of shares of the Series R Preferred Shares Stock and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary)appropriate. If shares of the Series R Preferred Shares Stock and the money and other property, if any, being withdrawn are to be delivered to a Person person or Persons persons other than the Record Holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Series R Preferred SharesStock, such Holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder for withdrawal of such shares of the Series R Preferred Shares Stock be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Series R Preferred Shares Stock and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder surrendering such Receipt or Receipts and for the account of the Holder thereof, such delivery may be made at such other place as may be designated by such Holder.

Appears in 1 contract

Samples: Deposit Agreement (Truist Financial Corp)

Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Series J Preferred SharesStock. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder of the Receipt or Receipts so surrendered; provided, however, that the Depositary shall not issue any Receipt evidencing a fractional Depositary Share. Any Holder of a Receipt or Receipts may (unless the related Depositary Shares have previously been called for redemption) withdraw the number of whole shares of the Series J Preferred Shares Stock and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Preferred Shares (or money and other property, if any, represented thereby) which has previously been called for redemption. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or ReceiptsThereafter, without unreasonable delay (provided the Company has provided the Depositary with all necessary documentation)delay, the Depositary shall deliver to such Holder, or to the Person person or Persons persons designated by such Holder as hereinafter provided, the number of whole shares of the Series J Preferred Shares Stock and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but Holders of such whole shares of the Series J Preferred Shares Stock will not thereafter be entitled to deposit such shares of the Series J Preferred Shares Stock hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Preferred Shares and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary), which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Series J Preferred Shares to be withdrawnStock, the Depositary shall at the same time, in addition to such number of whole shares of the Series J Preferred Shares Stock and such money and other property, if any, to be so withdrawn, deliver to such Holder, or subject to Section 2.3 upon such Holder’s his order, a new Receipt evidencing such excess number of Depositary Shares. In no event will fractional shares of the Series J Preferred Shares Stock (or any cash payment in lieu thereof) be delivered by the Depositary. Delivery of shares of the Series J Preferred Shares Stock and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary)its reasonable judgment. If shares of the Series J Preferred Shares Stock and the money and other property, if any, being withdrawn are to be delivered to a Person person or Persons persons other than the Record Holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Series J Preferred SharesStock, such Holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder for withdrawal of such shares of the Series J Preferred Shares Stock be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Series J Preferred Shares Stock and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder surrendering such Receipt or Receipts and for the account of the Holder thereof, such delivery may be made at such other place as may be designated by such Holder.

Appears in 1 contract

Samples: Deposit Agreement (State Street Corp)

Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Series I Preferred SharesStock. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder of the Receipt or Receipts so surrendered; provided, however, that the Depositary shall not issue any Receipt evidencing a fractional Depositary Share. Any Holder of a Receipt or Receipts may (unless the related Depositary Shares have previously been called for redemption) withdraw the number of whole shares of the Series I Preferred Shares Stock and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Preferred Shares (or money and other property, if any, represented thereby) which has previously been called for redemption. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or ReceiptsThereafter, without unreasonable delay (provided the Company has provided the Depositary with all necessary documentation)delay, the Depositary shall deliver to such Holder, or to the Person person or Persons persons designated by such Holder as hereinafter provided, the number of whole shares of the Series I Preferred Shares Stock and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but Holders of such whole shares of the Series I Preferred Shares Stock will not thereafter be entitled to deposit such shares of the Series I Preferred Shares Stock hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Preferred Shares and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary), which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Series I Preferred Shares to be withdrawnStock, the Depositary shall at the same time, in addition to such number of whole shares of the Series I Preferred Shares Stock and such money and other property, if any, to be so withdrawn, deliver to such Holder, or subject to Section 2.3 upon such Holder’s his order, a new Receipt evidencing such excess number of Depositary Shares. In no event will fractional shares of the Series I Preferred Shares Stock (or any cash payment in lieu thereof) be delivered by the Depositary. Delivery of shares of the Series I Preferred Shares Stock and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary)its reasonable judgment. If shares of the Series I Preferred Shares Stock and the money and other property, if any, being withdrawn are to be delivered to a Person person or Persons persons other than the Record Holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Series I Preferred SharesStock, such Holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder for withdrawal of such shares of the Series I Preferred Shares Stock be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Series I Preferred Shares Stock and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder surrendering such Receipt or Receipts and for the account of the Holder thereof, such delivery may be made at such other place as may be designated by such Holder.

Appears in 1 contract

Samples: Deposit Agreement (State Street Corp)

Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Series P Preferred SharesStock. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder of the Receipt or Receipts so surrendered. Any Holder of a Receipt or Receipts may withdraw the number of whole shares of the Series P Preferred Shares Stock and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Preferred Shares (or money and other property, if any, represented thereby) which has previously been called for redemptionOffice. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or ReceiptsThereafter, without unreasonable delay (provided the Company has provided the Depositary with all necessary documentation)delay, the Depositary shall deliver to such Holder, or to the Person person or Persons persons designated by such Holder as hereinafter provided, the number of whole shares of the Series P Preferred Shares Stock and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but Holders of such whole shares of the Series P Preferred Shares Stock will not thereafter be entitled to deposit such shares of the Series P Preferred Shares Stock hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Preferred Shares and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary), which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Series P Preferred Shares to be withdrawnStock, the Depositary shall at the same time, in addition to such number of whole shares of the Series P Preferred Shares Stock and such money and other property, if any, to be so withdrawn, deliver to such Holder, or subject to Section 2.3 upon such Holder’s his order, a new Receipt evidencing such excess number of Depositary Shares. In no event will fractional shares of the Series P Preferred Shares Stock (or any cash payment in lieu thereof) be delivered by the Depositary. Delivery of shares of the Series P Preferred Shares Stock and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary)appropriate. If shares of the Series P Preferred Shares Stock and the money and other property, if any, being withdrawn are to be delivered to a Person person or Persons persons other than the Record Holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Series P Preferred SharesStock, such Holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder for withdrawal of such shares of the Series P Preferred Shares Stock be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Series P Preferred Shares Stock and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder surrendering such Receipt or Receipts and for the account of the Holder thereof, such delivery may be made at such other place as may be designated by such Holder.

Appears in 1 contract

Samples: Deposit Agreement (Truist Financial Corp)

Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Series C Preferred SharesStock. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder of the Receipt or Receipts so surrendered. Any Holder of a Receipt or Receipts may withdraw the number of whole shares of the Series C Preferred Shares Stock and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Preferred Shares (or money and other property, if any, represented thereby) which has previously been called for redemption. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or ReceiptsThereafter, without unreasonable delay (provided the Company has provided the Depositary with all necessary documentation)delay, the Depositary shall deliver to such Holder, or to the Person person or Persons persons designated by such Holder as hereinafter provided, the number of whole shares of the Series C Preferred Shares Stock and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but Holders of such whole shares of the Series C Preferred Shares Stock will not thereafter be entitled to deposit such shares of the Series C Preferred Shares Stock hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Preferred Shares and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary), which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Series C Preferred Shares to be withdrawnStock, the Depositary shall at the same time, in addition to such number of whole shares of the Series C Preferred Shares Stock and such money and other property, if any, to be so withdrawn, deliver to such Holder, or subject to Section 2.3 upon such Holder’s his order, a new Receipt evidencing such excess number of Depositary Shares. In no event will fractional shares of the Series C Preferred Shares Stock (or any cash payment in lieu thereof) be delivered by the Depositary. Delivery of shares of the Series C Preferred Shares Stock and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary)appropriate. If shares of the Series C Preferred Shares Stock and the money and other property, if any, being withdrawn are to be delivered to a Person person or Persons persons other than the Record Holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Preferred Shareswithdrawal, such Holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder for withdrawal of such shares of the Series C Preferred Shares Stock and money and other property, if any, be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Series C Preferred Shares Stock and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder surrendering such Receipt or Receipts and for the account of the Holder thereof, such delivery may be made at such other place as may be designated by such Holder.

Appears in 1 contract

Samples: Deposit Agreement (Triumph Bancorp, Inc.)

Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Series F Preferred SharesStock. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder of the Receipt or Receipts so surrendered. Any Holder of a Receipt or Receipts may withdraw the number of whole shares of the Series F Preferred Shares Stock and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Preferred Shares (or money and other property, if any, represented thereby) which has previously been called for redemption. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or ReceiptsThereafter, without unreasonable delay (provided the Company has provided the Depositary with all necessary documentation)delay, the Depositary shall deliver to such Holder, or to the Person person or Persons persons designated by such Holder as hereinafter provided, the number of whole shares of the Series F Preferred Shares Stock and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but Holders of such whole shares of the Series F Preferred Shares Stock will not thereafter be entitled to deposit such shares of the Series F Preferred Shares Stock hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Preferred Shares and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary), which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Series F Preferred Shares to be withdrawnStock, the Depositary shall at the same time, in addition to such number of whole shares of the Series F Preferred Shares Stock and such money and other property, if any, to be so withdrawn, deliver to such Holder, or subject to Section 2.3 upon such Holder’s his order, a new Receipt evidencing such excess number of Depositary Shares. In no event will fractional shares of the Series F Preferred Shares Stock (or any cash payment in lieu thereof) be delivered by the Depositary. Delivery of shares of the Series F Preferred Shares Stock and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary)appropriate. If shares of the Series F Preferred Shares Stock and the money and other property, if any, being withdrawn are to be delivered to a Person person or Persons persons other than the Record Holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Preferred Shareswithdrawal, such Holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder for withdrawal of such shares of the Series F Preferred Shares Stock and money and other property, if any, be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Series F Preferred Shares Stock and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder surrendering such Receipt or Receipts and for the account of the Holder thereof, such delivery may be made at such other place as may be designated by such Holder.

Appears in 1 contract

Samples: Deposit Agreement (Huntington Bancshares Inc/Md)

Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Preferred SharesStock. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder of the Receipt or Receipts so surrendered. Any Holder of a Receipt or Receipts may withdraw the number of whole shares of the Preferred Shares Stock and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Preferred Shares (or money and other property, if any, represented thereby) which has previously been called for redemptionOffice. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or ReceiptsThereafter, without unreasonable delay (provided the Company has provided the Depositary with all necessary documentation)delay, the Depositary shall deliver to such Holder, or to the Person person or Persons persons designated by such Holder as hereinafter provided, the number of whole shares of the Preferred Shares Stock and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but . Holders of receiving such whole shares of the Preferred Shares Stock will not thereafter be entitled to deposit such shares of the Preferred Shares Stock hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Preferred Shares and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary), which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Preferred Shares Stock to be withdrawn, the Depositary shall at the same time, in addition to such number of whole shares of the Preferred Shares Stock and such money and other property, if any, to be so withdrawn, deliver to such Holder, or subject to Section 2.3 2.4 upon such Holder’s his order, a new Receipt evidencing such excess number of Depositary Shares. In no event will fractional shares of the Preferred Shares Stock (or any cash payment in lieu thereof) be delivered by the Depositary. Delivery of shares of the Preferred Shares Stock and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to appropriate, which, if required by the Company and the Depositary), shall be properly endorsed or accompanied by proper instruments of transfer including, but not limited to, a signature guarantee. If shares of the Preferred Shares Stock and the money and other property, if any, being withdrawn are to be delivered to a Person person or Persons persons other than the Record Holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Preferred SharesStock, such Holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder for withdrawal of such shares of the Preferred Shares Stock be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Preferred Shares Stock and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office. A Record Holder who withdraws shares of Preferred Stock and any such money or other property shall not be required to pay any taxes or duties relating to the issuance or delivery of such shares of Preferred Stock and any such money or other property, except that, at the request, risk and expense of the that such Record Holder surrendering such Receipt shall be required to pay any tax or Receipts and for the account of the Holder thereof, such delivery duty that may be made at payable relating to any transfer involved in the issuance or delivery of such shares of Preferred Stock and any such money or other place as may be designated by property in a name other than the name of such Record Holder.

Appears in 1 contract

Samples: Deposit Agreement (Brighthouse Financial, Inc.)

Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Series E Preferred SharesStock. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder of the Receipt or Receipts so surrendered. Any Holder of a Receipt or Receipts may withdraw the number of whole shares of the Series E Preferred Shares Stock and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Preferred Shares (or money and other property, if any, represented thereby) which has previously been called for redemption. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or ReceiptsThereafter, without unreasonable delay (provided the Company has provided the Depositary with all necessary documentation)delay, the Depositary shall deliver to such Holder, or to the Person person or Persons persons designated by such Holder as hereinafter provided, the number of whole shares of the Series E Preferred Shares Stock and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but Holders of such whole shares of the Series E Preferred Shares Stock will not thereafter be entitled to deposit such shares of the Series E Preferred Shares Stock hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Preferred Shares and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary), which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Series E Preferred Shares to be withdrawnStock, the Depositary shall at the same time, in addition to such number of whole shares of the Series E Preferred Shares Stock and such money and other property, if any, to be so withdrawn, deliver to such Holder, or subject to Section 2.3 upon such Holder’s his order, a new Receipt evidencing such excess number of Depositary Shares. In no event will fractional shares of the Series E Preferred Shares Stock (or any cash payment in lieu thereof) be delivered by the Depositary. Delivery of shares of the Series E Preferred Shares Stock and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary)appropriate. If shares of the Series E Preferred Shares Stock and the money and other property, if any, being withdrawn are to be delivered to a Person person or Persons persons other than the Record Holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Preferred Shareswithdrawal, such Holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder for withdrawal of such shares of the Series E Preferred Shares Stock and money and other property, if any, be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Series E Preferred Shares Stock and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder surrendering such Receipt or Receipts and for the account of the Holder thereof, such delivery may be made at such other place as may be designated by such Holder.

Appears in 1 contract

Samples: Deposit Agreement (Huntington Bancshares Inc/Md)

Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Series B Preferred SharesStock. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the express terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Record Holder of the Receipt or Receipts so surrendered. Any Record Holder of a Receipt or Receipts may withdraw the number of whole shares of the Series B Preferred Shares Stock and all money and and/or other property, if any, property represented thereby by (x) in the case of Physical Receipt(s), surrendering such Receipt Receipt(s), or Receipts Depositary Shares represented by the Receipts, at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder withdrawals and (y) in the case of a Receipt or DTC Receipt, by complying with the appropriate DTC procedures for such withdrawal. Upon such surrender, upon payment of any fee of the Depositary for the surrender of Receipts may not withdraw such whole shares to the extent provided in Section 5.07, and subject to the terms and conditions of Preferred Shares (or money and other property, if any, represented thereby) which has previously been called for redemption. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or Receiptsthis Agreement, without unreasonable delay (provided the Company has provided the Depositary with all necessary documentation)delay, the Depositary shall deliver to such Record Holder, or to the Person or Persons designated by such Record Holder as hereinafter provided, the number of whole shares of the Series B Preferred Shares Stock and all money and and/or other property, if any, property represented by such Receipt(s), or Depositary Shares represented by such Receipt(s), representing the Receipt or Receipts so surrendered for Series B Preferred Stock subject to withdrawal, but Record Holders of such whole shares of the Series B Preferred Shares will Stock shall not thereafter be entitled to deposit such shares of the Series B Preferred Shares Stock hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Preferred Shares and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary), which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Physical Receipt delivered by the Record Holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Series B Preferred Shares Stock to be withdrawn, the Depositary shall at the same time, in addition to such number of whole shares of the Series B Preferred Shares Stock and such money and and/or other property, if any, property to be so withdrawn, deliver to such Record Holder, or subject to Section 2.3 2.06 upon such Holder’s its order, a new Physical Receipt evidencing such excess number of Depositary Shares. In no event will ; provided, however, that such Physical Receipt shall only represent a whole number of Depositary Shares and the Depositary shall not issue any Physical Receipt evidencing a fractional shares of the Preferred Shares (or any cash payment in lieu thereof) be delivered by the DepositaryDepositary Share. Delivery of shares of the Series B Preferred Shares Stock and money and and/or other property, if any, property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to appropriate, which, if required by the Company and the Depositary), shall be properly endorsed or accompanied by proper instruments of transfer including, but not limited to, a Signature Guarantee. If shares of the Series B Preferred Shares Stock and the money and and/or other property, if any, property being withdrawn are to be delivered to a Person or Persons other than the Record Holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Series B Preferred SharesStock, such Record Holder shall execute and deliver to the Depositary a written order so directing the Depositary Depositary, and the Depositary may require that the Receipt or Receipts Physical Receipt(s) surrendered by such Record Holder for withdrawal of such shares of the Series B Preferred Shares Stock be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Series B Preferred Shares Stock and the money and and/or other property, if any, property represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Record Holder surrendering such Receipt or Receipts and for the account of the Record Holder thereof, such delivery may be made at such other place as may be designated by such Record Holder. A Record Holder who withdraws shares of Series B Preferred Stock and any such money and/or other property shall not be required to pay any taxes or duties relating to the issuance or delivery of such shares of Series B Preferred Stock and any such money and/or other property, except that such Record Holder shall be required to pay any tax or duty that may be payable relating to any transfer involved in the issuance or delivery of such shares of Series B Preferred Stock and any such money and/or other property in a name other than the name of such Record Holder.

Appears in 1 contract

Samples: Deposit Agreement (Centerpoint Energy Inc)

Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Series A Preferred SharesStock. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder of the Receipt or Receipts so surrendered. Any Holder of a Receipt or Receipts may withdraw the number of whole shares of the Series A Preferred Shares Stock and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Preferred Shares (or money and other property, if any, represented thereby) which has previously been called for redemption. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or ReceiptsThereafter, without unreasonable delay (provided the Company has provided the Depositary with all necessary documentation)delay, the Depositary shall deliver to such Holder, or to the Person person or Persons persons designated by such Holder as hereinafter provided, the number of whole shares of the Series A Preferred Shares Stock and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but Holders of such whole shares of the Series A Preferred Shares Stock will not thereafter be entitled to deposit such shares of the Series A Preferred Shares Stock hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Preferred Shares and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary), which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Series A Preferred Shares Stock to be so withdrawn, the Depositary shall at the same time, in addition to such number of whole shares of the Series A Preferred Shares Stock and such money and other property, if any, to be so withdrawn, deliver to such Holder, or subject to Section 2.3 upon such Holder’s order, a new Receipt evidencing such excess number of Depositary Shares. In Except as provided in Section 6.2, in no event will fractional shares of the Series A Preferred Shares Stock (or any cash payment in lieu thereof) be delivered by the Depositary. Delivery of shares of the Series A Preferred Shares Stock and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary)appropriate. If shares of the Series A Preferred Shares Stock and the money and other property, if any, being withdrawn are to be delivered to a Person person or Persons persons other than the Record Holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Series A Preferred SharesStock, such Holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder for withdrawal of such shares of the Series A Preferred Shares Stock be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Series A Preferred Shares Stock and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder surrendering such Receipt or Receipts and for the account of the Holder thereof, such delivery may be made at such other place as may be designated by such Holder.

Appears in 1 contract

Samples: Deposit Agreement (Zions Bancorporation, National Association /Ut/)

Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Series A Preferred SharesStock. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder of the Receipt or Receipts so surrendered. Any Holder of a Receipt or Receipts may withdraw the number of whole shares of the Series A Preferred Shares Stock and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Series A Preferred Shares Stock (or money and other property, if any, represented thereby) which has previously been called for redemption. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or ReceiptsReceipts and any other necessary documentation or information, without unreasonable delay (provided the Company has provided the Depositary with all necessary documentation)delay, the Depositary shall deliver to such Holder, or to the Person person or Persons persons designated by such Holder as hereinafter provided, the number of whole shares of the Series A Preferred Shares Stock and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but provided however, if a Holder surrenders for withdrawal a Receipt or Receipts representing an amount other than a whole multiple of 1,000 Depositary Shares, the Depositary shall deliver to such Holder, or to the person or persons designated by such Holder as hereinafter provided, the number of whole shares of Series A Preferred Stock and all money and other property, if any, represented by the Receipt or Receipts representing an amount equal to a whole multiple of 1,000 Depositary Shares and a new Receipt or Receipts evidencing the number of Depositary Shares in excess of such whole multiple. Holders of such whole shares of the Series A Preferred Shares Stock will not thereafter be entitled to deposit such shares of the Series A Preferred Shares Stock hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Preferred Shares and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary), which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Series A Preferred Shares Stock to be withdrawn, the Depositary shall at the same time, in addition to such number of whole shares of the Series A Preferred Shares Stock and such money and other property, if any, to be so withdrawn, deliver to such Holder, or subject to Section 2.3 upon such Holder’s his order, a new Receipt evidencing such excess number of Depositary Shares. In no event will fractional shares of the Series A Preferred Shares Stock (or any cash payment in lieu thereof) be delivered by the Depositary. Delivery of the shares of the Series A Preferred Shares Stock and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary)appropriate. If the shares of the Series A Preferred Shares Stock and the money and other property, if any, being withdrawn are to be delivered to a Person person or Persons persons other than the Record Holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Series A Preferred SharesStock, such Holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder for withdrawal of such shares of the Series A Preferred Shares Stock be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of the shares of the Series A Preferred Shares Stock and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder surrendering such Receipt or Receipts and for the account of the Holder thereof, such delivery may be made at such other place as may be designated by such Holder.

Appears in 1 contract

Samples: Deposit Agreement (Western Alliance Bancorporation)

Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Series G Preferred SharesStock. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder of the Receipt or Receipts so surrendered. Any Holder of a Receipt or Receipts may withdraw the number of whole shares of the Series G Preferred Shares Stock and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Preferred Shares (or money and other property, if any, represented thereby) which has previously been called for redemption. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or ReceiptsThereafter, without unreasonable delay (provided the Company has provided the Depositary with all necessary documentation)delay, the Depositary shall deliver to such Holder, or to the Person person or Persons persons designated by such Holder as hereinafter provided, the number of whole shares of the Series G Preferred Shares Stock and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but Holders of such whole shares of the Series G Preferred Shares Stock will not thereafter be entitled to deposit such shares of the Series G Preferred Shares Stock hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Preferred Shares and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary), which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Series G Preferred Shares to be withdrawnStock, the Depositary shall at the same time, in addition to such number of whole shares of the Series G Preferred Shares Stock and such money and other property, if any, to be so withdrawn, deliver to such Holder, or subject to Section 2.3 upon such Holder’s his order, a new Receipt evidencing such excess number of Depositary Shares. In no event will fractional shares of the Series G Preferred Shares Stock (or any cash payment in lieu thereof) be delivered by the Depositary. Delivery of shares of the Series G Preferred Shares Stock and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary)appropriate. If shares of the Series G Preferred Shares Stock and the money and other property, if any, being withdrawn are to be delivered to a Person person or Persons persons other than the Record Holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Preferred Shareswithdrawal, such Holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder for withdrawal of such shares of the Series G Preferred Shares Stock and money and other property, if any, be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Series G Preferred Shares Stock and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder surrendering such Receipt or Receipts and for the account of the Holder thereof, such delivery may be made at such other place as may be designated by such Holder.

Appears in 1 contract

Samples: Deposit Agreement (Huntington Bancshares Inc/Md)

Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Series F Preferred SharesStock. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder of the Receipt or Receipts so surrendered; provided, however, that the Depositary shall not issue any Receipt evidencing a fractional Depositary Share. Any Holder of a Receipt or Receipts may (unless the related Depositary Shares have previously been called for redemption) withdraw the number of whole shares of the Series F Preferred Shares Stock and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Preferred Shares (or money and other property, if any, represented thereby) which has previously been called for redemption. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or ReceiptsThereafter, without unreasonable delay (provided the Company has provided the Depositary with all necessary documentation)delay, the Depositary shall deliver to such Holder, or to the Person person or Persons persons designated by such Holder as hereinafter provided, the number of whole shares of the Series F Preferred Shares Stock and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but Holders of such whole shares of the Series F Preferred Shares Stock will not thereafter be entitled to deposit such shares of the Series F Preferred Shares Stock hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Preferred Shares and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary), which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Series F Preferred Shares to be withdrawnStock, the Depositary shall at the same time, in addition to such number of whole shares of the Series F Preferred Shares Stock and such money and other property, if any, to be so withdrawn, deliver to such Holder, or subject to Section 2.3 upon such Holder’s his order, a new Receipt evidencing such excess number of Depositary Shares. In no event will fractional shares of the Series F Preferred Shares Stock (or any cash payment in lieu thereof) be delivered by the Depositary. Delivery of shares of the Series F Preferred Shares Stock and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary)its reasonable judgment. If shares of the Series F Preferred Shares Stock and the money and other property, if any, being withdrawn are to be delivered to a Person person or Persons persons other than the Record Holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Series F Preferred SharesStock, such Holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder for withdrawal of such shares of the Series F Preferred Shares Stock be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Series F Preferred Shares Stock and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder surrendering such Receipt or Receipts and for the account of the Holder thereof, such delivery may be made at such other place as may be designated by such Holder.

Appears in 1 contract

Samples: Deposit Agreement (Keycorp /New/)

Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Series A Preferred SharesStock. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documentsOffice, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder of the Receipt or Receipts so surrendered. Any Holder of a Receipt or Receipts may withdraw the number of whole shares of the Series A Preferred Shares Stock and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Preferred Shares (or money and other property, if any, represented thereby) which has previously been called for redemptionOffice. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or ReceiptsThereafter, without unreasonable delay (provided the Company has provided the Depositary with all necessary documentation)delay, the Depositary shall deliver to such Holder, or to the Person person or Persons persons designated by such Holder as hereinafter provided, the number of whole shares of the Series A Preferred Shares Stock and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but Holders of such whole shares of the Series A Preferred Shares Stock will not thereafter be entitled to deposit such shares of the Series A Preferred Shares Stock hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Preferred Shares and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary), which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Series A Preferred Shares to be withdrawnStock, the Depositary shall at the same time, in addition to such number of whole shares of the Series A Preferred Shares Stock and such money and other property, if any, to be so withdrawn, deliver to such Holder, or subject to Section 2.3 2.4 upon such Holder’s his order, a new Receipt evidencing such excess number of Depositary Shares. In no event will fractional shares of the Series A Preferred Shares Stock (or any cash payment in lieu thereof) be delivered by the Depositary. Delivery of shares of the Series A Preferred Shares Stock and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to appropriate, which, if required by the Company and the Depositary), shall be properly endorsed or accompanied by proper instruments of transfer including, but not limited to, a signature guarantee. If shares of the Series A Preferred Shares Stock and the money and other property, if any, being withdrawn are to be delivered to a Person person or Persons persons other than the Record Holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Series A Preferred SharesStock, such Holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder for withdrawal of such shares of the Series A Preferred Shares Stock be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Series A Preferred Shares Stock and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder surrendering such Receipt or Receipts and for the account of the Holder thereof, such delivery may be made at such other place as may be designated by such Holder.

Appears in 1 contract

Samples: Deposit Agreement (Comerica Inc /New/)

Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Series I Preferred SharesStock. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder of the Receipt or Receipts so surrendered. Any Holder of a Receipt or Receipts may withdraw the number of whole shares of the Series I Preferred Shares Stock and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Preferred Shares (or money and other property, if any, represented thereby) which has previously been called for redemption. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or ReceiptsThereafter, without unreasonable delay (provided the Company has provided the Depositary with all necessary documentation)delay, the Depositary shall deliver to such Holder, or to the Person person or Persons persons designated by such Holder as hereinafter provided, the number of whole shares of the Series I Preferred Shares Stock and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but Holders of such whole shares of the Series I Preferred Shares Stock will not thereafter be entitled to deposit such shares of the Series I Preferred Shares Stock hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Preferred Shares and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary), which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Series I Preferred Shares to be withdrawnStock, the Depositary shall at the same time, in addition to such number of whole shares of the Series I Preferred Shares Stock and such money and other property, if any, to be so withdrawn, deliver to such Holder, or subject to Section 2.3 upon such Holder’s his order, a new Receipt evidencing such excess number of Depositary Shares. In no event will fractional shares of the Series I Preferred Shares Stock (or any cash payment in lieu thereof) be delivered by the Depositary. Delivery of shares of the Series I Preferred Shares Stock and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary)appropriate. If shares of the Series I Preferred Shares Stock and the money and other property, if any, being withdrawn are to be delivered to a Person person or Persons persons other than the Record Holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Series I Preferred SharesStock, such Holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder for withdrawal of such shares of the Series I Preferred Shares Stock be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Series I Preferred Shares Stock and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder surrendering such Receipt or Receipts and for the account of the Holder thereof, such delivery may be made at such other place as may be designated by such Holder.

Appears in 1 contract

Samples: Deposit Agreement (Capital One Financial Corp)

Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Series G Preferred SharesStock. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder of the Receipt or Receipts so surrendered; provided, however, that the Depositary shall not issue any Receipt evidencing a fractional Depositary Share. Any Holder of a Receipt or Receipts may (unless the related Depositary Shares have previously been called for redemption) withdraw the number of whole shares of the Series G Preferred Shares Stock and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Preferred Shares (or money and other property, if any, represented thereby) which has previously been called for redemption. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or ReceiptsThereafter, without unreasonable delay (provided the Company has provided the Depositary with all necessary documentation)delay, the Depositary shall deliver to such Holder, or to the Person person or Persons persons designated by such Holder as hereinafter provided, the number of whole shares of the Series G Preferred Shares Stock and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but Holders of such whole shares of the Series G Preferred Shares Stock will not thereafter be entitled to deposit such shares of the Series G Preferred Shares Stock hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Preferred Shares and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary), which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Series G Preferred Shares to be withdrawnStock, the Depositary shall at the same time, in addition to such number of whole shares of the Series G Preferred Shares Stock and such money and other property, if any, to be so withdrawn, deliver to such Holder, or subject to Section 2.3 upon such Holder’s his order, a new Receipt evidencing such excess number of Depositary Shares. In no event will fractional shares of the Series G Preferred Shares Stock (or any cash payment in lieu thereof) be delivered by the Depositary. Delivery of shares of the Series G Preferred Shares Stock and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary)its reasonable judgment. If shares of the Series G Preferred Shares Stock and the money and other property, if any, being withdrawn are to be delivered to a Person person or Persons persons other than the Record Holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Series G Preferred SharesStock, such Holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder for withdrawal of such shares of the Series G Preferred Shares Stock be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Series G Preferred Shares Stock and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder surrendering such Receipt or Receipts and for the account of the Holder thereof, such delivery may be made at such other place as may be designated by such Holder.

Appears in 1 contract

Samples: Deposit Agreement (Keycorp /New/)

Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Series FF Preferred SharesStock. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder holder of the Receipt or Receipts so surrendered. Any Holder holder of a Receipt or Receipts may withdraw the number of whole shares of the Series FF Preferred Shares Stock and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts Receipts, at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Preferred Shares (or money and other property, if any, represented thereby) which has previously been called for redemption. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or ReceiptsThereafter, without unreasonable delay (provided the Company has provided the Depositary with all necessary documentation)delay, the Depositary shall deliver to such Holderholder, or to the Person person or Persons persons designated by such Holder holder as hereinafter provided, the number of whole shares of the Series FF Preferred Shares Stock and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but Holders holders of such whole shares of the Series FF Preferred Shares Stock will not thereafter be entitled to deposit such shares of the Series FF Preferred Shares Stock hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Preferred Shares and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary), which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Series FF Preferred Shares Stock to be so withdrawn, the Depositary shall at the same time, in addition to such number of whole shares of the Series FF Preferred Shares Stock and such money and other property, if any, to be so withdrawn, deliver to such Holderholder, or subject to Section 2.3 upon such Holderholder’s order, a new Receipt evidencing such excess number of Depositary Shares. In no event will fractional shares of the Series FF Preferred Shares Stock (or any cash payment in lieu thereof) be delivered by the Depositary. Delivery of shares of the Series FF Preferred Shares Stock and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary)appropriate. If shares of the Series FF Preferred Shares Stock and the money and other property, if any, being withdrawn are to be delivered to a Person person or Persons persons other than the Record Holder record holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Series FF Preferred SharesStock, such Holder holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder holder for withdrawal of such shares of the Series FF Preferred Shares Stock be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Series FF Preferred Shares Stock and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder holder surrendering such Receipt or Receipts and for the account of the Holder holder thereof, such delivery may be made at such other place as may be designated by such Holderholder.

Appears in 1 contract

Samples: Deposit Agreement (Wells Fargo & Company/Mn)

Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Series A Preferred SharesStock. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder of the Receipt or Receipts so surrendered. Any Holder of a Receipt or Receipts may withdraw the number of whole shares of the Series A Preferred Shares Stock and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Preferred Shares (or money and other property, if any, represented thereby) which has previously been called for redemption. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or ReceiptsThereafter, without unreasonable delay (provided the Company has provided the Depositary with all necessary documentation)delay, the Depositary shall deliver to such Holder, or to the Person person or Persons persons designated by such Holder as hereinafter provided, the number of whole shares of the Series A Preferred Shares Stock and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but Holders of such whole shares of the Series A Preferred Shares Stock will not thereafter be entitled to deposit such shares of the Series A Preferred Shares Stock hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Preferred Shares and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary), which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Series A Preferred Shares to be withdrawnStock, the Depositary shall at the same time, in addition to such number of whole shares of the Series A Preferred Shares Stock and such money and other property, if any, to be so withdrawn, deliver to such Holder, or subject to Section 2.3 upon such Holder’s his order, a new Receipt evidencing such excess number of Depositary Shares. In no event will fractional shares of the Series A Preferred Shares Stock (or any cash payment in lieu thereof) be delivered by the Depositary. Delivery of shares of the Series A Preferred Shares Stock and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary)appropriate. If shares of the Series A Preferred Shares Stock and the money and other property, if any, being withdrawn are to be delivered to a Person person or Persons persons other than the Record Holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Preferred Shareswithdrawal, such Holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder for withdrawal of such shares of the Series A Preferred Shares Stock and money and other property, if any, be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Series A Preferred Shares Stock and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder surrendering such Receipt or Receipts and for the account of the Holder thereof, such delivery may be made at such other place as may be designated by such Holder.

Appears in 1 contract

Samples: Deposit Agreement (CNB Financial Corp/Pa)

Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Series B Preferred SharesStock. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder of the Receipt or Receipts so surrendered. Any Holder of a Receipt or Receipts may withdraw the number of whole shares of the Series B Preferred Shares Stock and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Preferred Shares (or money and other property, if any, represented thereby) which has previously been called for redemption. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or ReceiptsThereafter, without unreasonable delay (provided the Company has provided the Depositary with all necessary documentation)delay, the Depositary shall deliver to such Holder, or to the Person person or Persons persons designated by such Holder as hereinafter provided, the number of whole shares of the Series B Preferred Shares Stock and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but Holders of such whole shares of the Series B Preferred Shares Stock will not thereafter be entitled to deposit such shares of the Series B Preferred Shares Stock hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Preferred Shares and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary), which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Series B Preferred Shares to be withdrawnStock, the Depositary shall at the same time, in addition to such number of whole shares of the Series B Preferred Shares Stock and such money and other property, if any, to be so withdrawn, deliver to such Holder, or subject to Section 2.3 upon such Holder’s his order, a new Receipt evidencing such excess number of Depositary Shares. In no event will fractional shares of the Series B Preferred Shares Stock (or any cash payment in lieu thereof) be delivered by the Depositary. Any fraction of a share of Series B Preferred Stock that would be required to satisfy such an obligation shall be disregarded. Delivery of shares of the Series B Preferred Shares Stock and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary)appropriate. If shares of the Series B Preferred Shares Stock and the money and other property, if any, being withdrawn are to be delivered to a Person person or Persons persons other than the Record Holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Series B Preferred SharesStock, such Holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder for withdrawal of such shares of the Series B Preferred Shares Stock be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Series B Preferred Shares Stock and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder surrendering such Receipt or Receipts and for the account of the Holder thereof, such delivery may be made at such other place as may be designated by such Holder.

Appears in 1 contract

Samples: Deposit Agreement (Stifel Financial Corp)

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Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Preferred Series A Preference Shares. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder of the Receipt or Receipts so surrendered. Any Holder of a Receipt or Receipts may withdraw the number of whole shares of the Preferred Series A Preference Shares and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Preferred Shares (or money and other property, if any, represented thereby) which has previously been called for redemptionOffice. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or ReceiptsThereafter, without unreasonable delay (provided the Company has provided the Depositary with all necessary documentation)delay, the Depositary shall deliver to such Holder, or to the Person person or Persons persons designated by such Holder as hereinafter provided, the number of whole shares of the Preferred Series A Preference Shares and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but Holders of such whole shares of the Preferred Series A Preference Shares will not thereafter be entitled to deposit such shares of the Preferred Series A Preference Shares hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Preferred Shares and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary), which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Preferred Shares to be withdrawnSeries A Preference Shares, the Depositary shall at the same time, in addition to such number of whole shares of the Preferred Series A Preference Shares and such money and other property, if any, to be so withdrawn, deliver to such Holder, or subject to Section 2.3 upon such Holder’s his order, a new Receipt evidencing such excess number of Depositary Shares. In no event will fractional shares of the Preferred Series A Preference Shares (or any cash payment in lieu thereof) be delivered by the Depositary. Delivery of shares of the Preferred Series A Preference Shares and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary)appropriate. If shares of the Preferred Series A Preference Shares and the money and other property, if any, being withdrawn are to be delivered to a Person person or Persons persons other than the Record Holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Preferred Series A Preference Shares, such Holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder for withdrawal of such shares of the Preferred Series A Preference Shares be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Preferred Series A Preference Shares and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder surrendering such Receipt or Receipts and for the account of the Holder thereof, such delivery may be made at such other place as may be designated by such Holder.

Appears in 1 contract

Samples: Deposit Agreement (Textainer Group Holdings LTD)

Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Series G Preferred SharesStock. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder of the Receipt or Receipts so surrendered. Any Holder of a Receipt or Receipts may withdraw the number of whole shares of the Series G Preferred Shares Stock and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Series G Preferred Shares Stock (or money and other property, if any, represented thereby) which has previously been called for redemption. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or Receipts, without unreasonable delay (provided the Company Corporation has provided the Depositary with all necessary documentation), the Depositary shall deliver to such Holder, or to the Person or Persons designated by such Holder as hereinafter provided, the number of whole shares of the Series G Preferred Shares Stock and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but Holders of such whole shares of the Series G Preferred Shares Stock will not thereafter be entitled to deposit such shares of the Series G Preferred Shares Stock hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Series G Preferred Shares Stock and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary)appropriate, which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Series G Preferred Shares Stock to be withdrawn, the Depositary shall at the same time, in addition to such number of whole shares of the Series G Preferred Shares Stock and such money and other property, if any, to be so withdrawn, deliver to such Holder, or subject to Section 2.3 upon such Holder’s order, a new Receipt evidencing such excess number of Depositary Shares. In no event will fractional shares of the Series G Preferred Shares Stock (or any cash payment in lieu thereof) be delivered by the Depositary. Delivery of shares of the Series G Preferred Shares Stock and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary)appropriate. If shares of the Series G Preferred Shares Stock and the money and other property, if any, being withdrawn are to be delivered to a Person or Persons other than the Record Holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Series G Preferred SharesStock, such Holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder for withdrawal of such shares of the Series G Preferred Shares Stock be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Series G Preferred Shares Stock and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder Holder, and consent of the Depositary, surrendering such Receipt or Receipts and for the account of the Holder thereof, such delivery may be made at such other place as may be designated by such Holder.

Appears in 1 contract

Samples: Deposit Agreement (Bank of New York Mellon Corp)

Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Series EE Preferred SharesStock. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder holder of the Receipt or Receipts so surrendered. Any Holder holder of a Receipt or Receipts may withdraw the number of whole shares of the Series EE Preferred Shares Stock and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts Receipts, at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Preferred Shares (or money and other property, if any, represented thereby) which has previously been called for redemption. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or ReceiptsThereafter, without unreasonable delay (provided the Company has provided the Depositary with all necessary documentation)delay, the Depositary shall deliver to such Holderholder, or to the Person person or Persons persons designated by such Holder holder as hereinafter provided, the number of whole shares of the Series EE Preferred Shares Stock and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but Holders holders of such whole shares of the Series EE Preferred Shares Stock will not thereafter be entitled to deposit such shares of the Series EE Preferred Shares Stock hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Preferred Shares and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary), which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Series EE Preferred Shares Stock to be so withdrawn, the Depositary shall at the same time, in addition to such number of whole shares of the Series EE Preferred Shares Stock and such money and other property, if any, to be so withdrawn, deliver to such Holderholder, or subject to Section 2.3 upon such Holderholder’s order, a new Receipt evidencing such excess number of Depositary Shares. In no event will fractional shares of the Series EE Preferred Shares Stock (or any cash payment in lieu thereof) be delivered by the Depositary. Delivery of shares of the Series EE Preferred Shares Stock and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary)appropriate. If shares of the Series EE Preferred Shares Stock and the money and other property, if any, being withdrawn are to be delivered to a Person person or Persons persons other than the Record Holder record holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Series EE Preferred SharesStock, such Holder holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder holder for withdrawal of such shares of the Series EE Preferred Shares Stock be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Series EE Preferred Shares Stock and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder holder surrendering such Receipt or Receipts and for the account of the Holder holder thereof, such delivery may be made at such other place as may be designated by such Holderholder.

Appears in 1 contract

Samples: Deposit Agreement (Wells Fargo & Company/Mn)

Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Series H Preferred SharesStock. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder of the Receipt or Receipts so surrendered; provided, however, that the Depositary shall not issue any Receipt evidencing a fractional Depositary Share. Any Holder of a Receipt or Receipts may (unless the related Depositary Shares have previously been called for redemption) withdraw the number of whole shares of the Series H Preferred Shares Stock and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Preferred Shares (or money and other property, if any, represented thereby) which has previously been called for redemption. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or ReceiptsThereafter, without unreasonable delay (provided the Company has provided the Depositary with all necessary documentation)delay, the Depositary shall deliver to such Holder, or to the Person person or Persons persons designated by such Holder as hereinafter provided, the number of whole shares of the Series H Preferred Shares Stock and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but Holders of such whole shares of the Series H Preferred Shares Stock will not thereafter be entitled to deposit such shares of the Series H Preferred Shares Stock hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Preferred Shares and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary), which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Series H Preferred Shares to be withdrawnStock, the Depositary shall at the same time, in addition to such number of whole shares of the Series H Preferred Shares Stock and such money and other property, if any, to be so withdrawn, deliver to such Holder, or subject to Section 2.3 upon such Holder’s his order, a new Receipt evidencing such excess number of Depositary Shares. In no event will fractional shares of the Series H Preferred Shares Stock (or any cash payment in lieu thereof) be delivered by the Depositary. Delivery of shares of the Series H Preferred Shares Stock and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary)its reasonable judgment. If shares of the Series H Preferred Shares Stock and the money and other property, if any, being withdrawn are to be delivered to a Person person or Persons persons other than the Record Holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Series H Preferred SharesStock, such Holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder for withdrawal of such shares of the Series H Preferred Shares Stock be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Series H Preferred Shares Stock and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder surrendering such Receipt or Receipts and for the account of the Holder thereof, such delivery may be made at such other place as may be designated by such Holder.

Appears in 1 contract

Samples: Deposit Agreement (State Street Corp)

Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Series J Preferred SharesStock. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder of the Receipt or Receipts so surrendered. Any Holder of a Receipt or Receipts may withdraw the number of whole shares of the Series J Preferred Shares Stock and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Preferred Shares (or money and other property, if any, represented thereby) which has previously been called for redemption. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or ReceiptsThereafter, without unreasonable delay (provided the Company has provided the Depositary with all necessary documentation)delay, the Depositary shall deliver to such Holder, or to the Person person or Persons persons designated by such Holder as hereinafter provided, the number of whole shares of the Series J Preferred Shares Stock and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but Holders of such whole shares of the Series J Preferred Shares Stock will not thereafter be entitled to deposit such shares of the Series J Preferred Shares Stock hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Preferred Shares and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary), which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Preferred Shares to be withdrawn, the Depositary shall at the same time, in addition to such number of whole shares of the Preferred Shares and such money and other property, if any, to be so withdrawn, deliver to such Holder, or subject to Section 2.3 upon such Holder’s order, a new Receipt evidencing such excess number of Depositary Shares. In no event will fractional shares of the Preferred Shares (or any cash payment in lieu thereof) be delivered by the Depositary. Delivery of shares of the Preferred Shares and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary). If shares of the Preferred Shares and the money and other property, if any, being withdrawn are to be delivered to a Person or Persons other than the Record Holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Preferred Shares, such Holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder for withdrawal of such shares of the Preferred Shares be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Preferred Shares and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder surrendering such Receipt or Receipts and for the account of the Holder thereof, such delivery may be made at such other place as may be designated by such Holder.

Appears in 1 contract

Samples: Deposit Agreement (Huntington Bancshares Inc /Md/)

Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Preferred SharesStock. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder of the Receipt or Receipts so surrendered; provided, however, that the Depositary shall not issue any Receipt evidencing a fractional Depositary Share. Any Holder of a Receipt or Receipts may withdraw the number of whole shares of the Preferred Shares Stock and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Preferred Shares Stock (or money and other property, if any, represented thereby) which has previously been called for redemption. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or Receipts, without unreasonable delay (provided the Company Corporation has provided the Depositary with all necessary documentation), the Depositary shall deliver to such Holder, or to the Person or Persons designated by such Holder as hereinafter provided, the number of whole shares of the Preferred Shares Stock and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but Holders of such whole shares of the Preferred Shares Stock will not thereafter be entitled to deposit such shares of the Preferred Shares Stock hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Preferred Shares Stock and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary)appropriate, which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Preferred Shares Stock to be withdrawn, the Depositary shall at the same time, in addition to such number of whole shares of the Preferred Shares Stock and such money and other property, if any, to be so withdrawn, deliver to such Holder, or subject to Section 2.3 upon such Holder’s order, a new Receipt evidencing such excess number of Depositary Shares. In no event will fractional shares of the Preferred Shares Stock (or any cash payment in lieu thereof) be delivered by the Depositary. Delivery of shares of the Preferred Shares Stock and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary)appropriate. If shares of the Preferred Shares Stock and the money and other property, if any, being withdrawn are to be delivered to a Person or Persons other than the Record Holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Preferred SharesStock, such Holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder for withdrawal of such shares of the Preferred Shares Stock be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Preferred Shares Stock and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder surrendering such Receipt or Receipts and for the account of the Holder thereof, such delivery may be made at such other place as may be designated by such Holder.

Appears in 1 contract

Samples: Deposit Agreement (Texas Capital Bancshares Inc/Tx)

Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Series A Preferred SharesStock. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the express terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder of the Receipt or Receipts so surrendered. Any Holder of a Receipt or Receipts may withdraw the number of whole shares of the Series A Preferred Shares Stock and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Preferred Shares (or money and other property, if any, represented thereby) which has previously been called for redemption. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or ReceiptsThereafter, without unreasonable delay (provided that the Company Corporation has provided the Depositary with all necessary documentation), the Depositary shall deliver to such Holder, or to the Person person or Persons persons designated by such Holder as hereinafter provided, the number of whole shares of the Series A Preferred Shares Stock and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but Holders of such whole shares of the Series A Preferred Shares Stock will not thereafter be entitled to deposit such shares of the Series A Preferred Shares Stock hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Preferred Shares and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary), which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Series A Preferred Shares to be withdrawnStock, the Depositary shall at the same time, in addition to such number of whole shares of the Series A Preferred Shares Stock and such money and other property, if any, to be so withdrawn, deliver to such Holder, or subject to Section 2.3 upon such Holder’s his order, a new Receipt evidencing such excess number of Depositary Shares. In no event will fractional shares of the Series A Preferred Shares Stock (or any cash payment in lieu thereof) be delivered by the DepositaryDepositary or Computershare, as applicable. Delivery of shares of the Series A Preferred Shares Stock and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary)appropriate. If shares of the Series A Preferred Shares Stock and the money and other property, if any, being withdrawn are to be delivered to a Person person or Persons persons other than the Record Holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Series A Preferred SharesStock, such Holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder for withdrawal of such shares of the Series A Preferred Shares Stock be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Series A Preferred Shares Stock and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder surrendering such Receipt or Receipts and for the account of the Holder thereof, such delivery may be made at such other place as may be designated by such Holder.

Appears in 1 contract

Samples: Deposit Agreement (Umb Financial Corp)

Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Series E Preferred SharesStock. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder holder of the Receipt or Receipts so surrendered. Any Holder holder of a Receipt or Receipts may withdraw the number of whole shares of the Series E Preferred Shares Stock and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts Receipts, at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder holder of a Receipt or Receipts may not withdraw such whole shares of Series E Preferred Shares Stock (or money and other property, if any, represented thereby) which has previously been called for redemption. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or ReceiptsThereafter, without unreasonable delay (provided the Company has provided the Depositary with all necessary documentation)delay, the Depositary shall deliver to such Holderholder, or to the Person person or Persons persons designated by such Holder holder as hereinafter provided, the number of whole shares of the Series E Preferred Shares Stock and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but Holders holders of such whole shares of the Series E Preferred Shares Stock will not thereafter be entitled to deposit such shares of the Series E Preferred Shares Stock hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Preferred Shares and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary), which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Series E Preferred Shares Stock to be so withdrawn, the Depositary shall at the same time, in addition to such number of whole shares of the Series E Preferred Shares Stock and such money and other property, if any, to be so withdrawn, deliver to such Holderholder, or subject to Section 2.3 upon such Holderholder’s order, a new Receipt evidencing such excess number of Depositary Shares. In no event will fractional shares of the Series E Preferred Shares Stock (or any cash payment in lieu thereof) be delivered by the Depositary. Delivery of shares of the Series E Preferred Shares Stock and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary)appropriate. If shares of the Series E Preferred Shares Stock and the money and other property, if any, being withdrawn are to be delivered to a Person person or Persons persons other than the Record Holder record holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Series E Preferred SharesStock, such Holder holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder holder for withdrawal of such shares of the Series E Preferred Shares Stock be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Series E Preferred Shares Stock and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder holder surrendering such Receipt or Receipts and for the account of the Holder holder thereof, such delivery may be made at such other place as may be designated by such Holderholder.

Appears in 1 contract

Samples: Deposit Agreement (Northern Trust Corp)

Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Series BB Preferred SharesStock. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder holder of the Receipt or Receipts so surrendered. Any Holder holder of a Receipt or Receipts may withdraw the number of whole shares of the Series BB Preferred Shares Stock and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts Receipts, at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Preferred Shares (or money and other property, if any, represented thereby) which has previously been called for redemption. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or ReceiptsThereafter, without unreasonable delay (provided the Company has provided the Depositary with all necessary documentation)delay, the Depositary shall deliver to such Holderholder, or to the Person person or Persons persons designated by such Holder holder as hereinafter provided, the number of whole shares of the Series BB Preferred Shares Stock and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but Holders holders of such whole shares of the Series BB Preferred Shares Stock will not thereafter be entitled to deposit such shares of the Series BB Preferred Shares Stock hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Preferred Shares and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary), which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Series BB Preferred Shares Stock to be so withdrawn, the Depositary shall at the same time, in addition to such number of whole shares of the Series BB Preferred Shares Stock and such money and other property, if any, to be so withdrawn, deliver to such Holderholder, or subject to Section 2.3 upon such Holderholder’s order, a new Receipt evidencing such excess number of Depositary Shares. In no event will fractional shares of the Series BB Preferred Shares Stock (or any cash payment in lieu thereof) be delivered by the Depositary. Delivery of shares of the Series BB Preferred Shares Stock and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary)appropriate. If shares of the Series BB Preferred Shares Stock and the money and other property, if any, being withdrawn are to be delivered to a Person person or Persons persons other than the Record Holder record holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Series BB Preferred SharesStock, such Holder holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder holder for withdrawal of such shares of the Series BB Preferred Shares Stock be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Series BB Preferred Shares Stock and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder holder surrendering such Receipt or Receipts and for the account of the Holder holder thereof, such delivery may be made at such other place as may be designated by such Holderholder.

Appears in 1 contract

Samples: Deposit Agreement (Wells Fargo & Company/Mn)

Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Series AA Preferred SharesStock. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder holder of the Receipt or Receipts so surrendered. Any Holder holder of a Receipt or Receipts may withdraw the number of whole shares of the Series AA Preferred Shares Stock and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts Receipts, at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Preferred Shares (or money and other property, if any, represented thereby) which has previously been called for redemption. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or ReceiptsThereafter, without unreasonable delay (provided the Company has provided the Depositary with all necessary documentation)delay, the Depositary shall deliver to such Holderholder, or to the Person person or Persons persons designated by such Holder holder as hereinafter provided, the number of whole shares of the Series AA Preferred Shares Stock and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but Holders holders of such whole shares of the Series AA Preferred Shares Stock will not thereafter be entitled to deposit such shares of the Series AA Preferred Shares Stock hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Preferred Shares and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary), which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Series AA Preferred Shares Stock to be so withdrawn, the Depositary shall at the same time, in addition to such number of whole shares of the Series AA Preferred Shares Stock and such money and other property, if any, to be so withdrawn, deliver to such Holderholder, or subject to Section 2.3 upon such Holderholder’s order, a new Receipt evidencing such excess number of Depositary Shares. In no event will fractional shares of the Series AA Preferred Shares Stock (or any cash payment in lieu thereof) be delivered by the Depositary. Delivery of shares of the Series AA Preferred Shares Stock and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary)appropriate. If shares of the Series AA Preferred Shares Stock and the money and other property, if any, being withdrawn are to be delivered to a Person person or Persons persons other than the Record Holder record holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Series AA Preferred SharesStock, such Holder holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder holder for withdrawal of such shares of the Series AA Preferred Shares Stock be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Series AA Preferred Shares Stock and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder holder surrendering such Receipt or Receipts and for the account of the Holder holder thereof, such delivery may be made at such other place as may be designated by such Holderholder.

Appears in 1 contract

Samples: Deposit Agreement (Wells Fargo & Company/Mn)

Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Series DD Preferred SharesStock. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder holder of the Receipt or Receipts so surrendered. Any Holder holder of a Receipt or Receipts may withdraw the number of whole shares of the Series DD Preferred Shares Stock and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts Receipts, at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Preferred Shares (or money and other property, if any, represented thereby) which has previously been called for redemption. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or ReceiptsThereafter, without unreasonable delay (provided the Company has provided the Depositary with all necessary documentation)delay, the Depositary shall deliver to such Holderholder, or to the Person person or Persons persons designated by such Holder holder as hereinafter provided, the number of whole shares of the Series DD Preferred Shares Stock and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but Holders holders of such whole shares of the Series DD Preferred Shares Stock will not thereafter be entitled to deposit such shares of the Series DD Preferred Shares Stock hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Preferred Shares and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary), which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Series DD Preferred Shares Stock to be so withdrawn, the Depositary shall at the same time, in addition to such number of whole shares of the Series DD Preferred Shares Stock and such money and other property, if any, to be so withdrawn, deliver to such Holderholder, or subject to Section 2.3 upon such Holderholder’s order, a new Receipt evidencing such excess number of Depositary Shares. In no event will fractional shares of the Series DD Preferred Shares Stock (or any cash payment in lieu thereof) be delivered by the Depositary. Delivery of shares of the Series DD Preferred Shares Stock and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary)appropriate. If shares of the Series DD Preferred Shares Stock and the money and other property, if any, being withdrawn are to be delivered to a Person person or Persons persons other than the Record Holder record holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Series DD Preferred SharesStock, such Holder holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder holder for withdrawal of such shares of the Series DD Preferred Shares Stock be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Series DD Preferred Shares Stock and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder holder surrendering such Receipt or Receipts and for the account of the Holder holder thereof, such delivery may be made at such other place as may be designated by such Holderholder.

Appears in 1 contract

Samples: Deposit Agreement (Wells Fargo & Company/Mn)

Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Preferred Series B Preference Shares. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder of the Receipt or Receipts so surrendered. Any Holder of a Receipt or Receipts may withdraw the number of whole shares of the Preferred Series B Preference Shares and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Preferred Shares (or money and other property, if any, represented thereby) which has previously been called for redemptionOffice. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or ReceiptsThereafter, without unreasonable delay (provided the Company has provided the Depositary with all necessary documentation)delay, the Depositary shall deliver to such Holder, or to the Person person or Persons persons designated by such Holder as hereinafter provided, the number of whole shares of the Preferred Series B Preference Shares and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but Holders of such whole shares of the Preferred Series B Preference Shares will not thereafter be entitled to deposit such shares of the Preferred Series B Preference Shares hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Preferred Shares and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary), which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Preferred Shares to be withdrawnSeries B Preference Shares, the Depositary shall at the same time, in addition to such number of whole shares of the Preferred Series B Preference Shares and such money and other property, if any, to be so withdrawn, deliver to such Holder, or subject to Section 2.3 upon such Holder’s his order, a new Receipt evidencing such excess number of Depositary Shares. In no event will fractional shares of the Preferred Series B Preference Shares (or any cash payment in lieu thereof) be delivered by the Depositary. Delivery of shares of the Preferred Series B Preference Shares and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary)appropriate. If shares of the Preferred Series B Preference Shares and the money and other property, if any, being withdrawn are to be delivered to a Person person or Persons persons other than the Record Holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Preferred Series B Preference Shares, such Holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder for withdrawal of such shares of the Preferred Series B Preference Shares be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Preferred Series B Preference Shares and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder surrendering such Receipt or Receipts and for the account of the Holder thereof, such delivery may be made at such other place as may be designated by such Holder.

Appears in 1 contract

Samples: Deposit Agreement (Textainer Group Holdings LTD)

Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Series H Preferred SharesStock. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder of the Receipt or Receipts so surrendered. Any Holder of a Receipt or Receipts may withdraw the number of whole shares of the Series H Preferred Shares Stock and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Series H Preferred Shares Stock (or money and other property, if any, represented thereby) which has previously been called for redemption. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or Receipts, without unreasonable delay (provided the Company Corporation has provided the Depositary with all necessary documentation), the Depositary shall deliver to such Holder, or to the Person or Persons designated by such Holder as hereinafter provided, the number of whole shares of the Series H Preferred Shares Stock and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but Holders of such whole shares of the Series H Preferred Shares Stock will not thereafter be entitled to deposit such shares of the Series H Preferred Shares Stock hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Series H Preferred Shares Stock and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary)appropriate, which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Series H Preferred Shares Stock to be withdrawn, the Depositary shall at the same time, in addition to such number of whole shares of the Series H Preferred Shares Stock and such money and other property, if any, to be so withdrawn, deliver to such Holder, or subject to Section 2.3 upon such Holder’s order, a new Receipt evidencing such excess number of Depositary Shares. In no event will fractional shares of the Series H Preferred Shares Stock (or any cash payment in lieu thereof) be delivered by the Depositary. Delivery of shares of the Series H Preferred Shares Stock and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary)appropriate. If shares of the Series H Preferred Shares Stock and the money and other property, if any, being withdrawn are to be delivered to a Person or Persons other than the Record Holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Series H Preferred SharesStock, such Holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder for withdrawal of such shares of the Series H Preferred Shares Stock be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Series H Preferred Shares Stock and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder Holder, and consent of the Depositary, surrendering such Receipt or Receipts and for the account of the Holder thereof, such delivery may be made at such other place as may be designated by such Holder.

Appears in 1 contract

Samples: Deposit Agreement (Bank of New York Mellon Corp)

Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Series I Preferred SharesStock. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder of the Receipt or Receipts so surrendered. Any Holder of a Receipt or Receipts may withdraw the number of whole shares of the Series I Preferred Shares Stock and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Series I Preferred Shares Stock (or money and other property, if any, represented thereby) which has previously been called for redemption. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or Receipts, without unreasonable delay (provided the Company Corporation has provided the Depositary with all necessary documentation), the Depositary shall deliver to such Holder, or to the Person or Persons designated by such Holder as hereinafter provided, the number of whole shares of the Series I Preferred Shares Stock and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but Holders of such whole shares of the Series I Preferred Shares Stock will not thereafter be entitled to deposit such shares of the Series I Preferred Shares Stock hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Series I Preferred Shares Stock and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary)appropriate, which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Series I Preferred Shares Stock to be withdrawn, the Depositary shall at the same time, in addition to such number of whole shares of the Series I Preferred Shares Stock and such money and other property, if any, to be so withdrawn, deliver to such Holder, or subject to Section 2.3 upon such Holder’s order, a new Receipt evidencing such excess number of Depositary Shares. In no event will fractional shares of the Series I Preferred Shares Stock (or any cash payment in lieu thereof) be delivered by the Depositary. Delivery of shares of the Series I Preferred Shares Stock and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary)appropriate. If shares of the Series I Preferred Shares Stock and the money and other property, if any, being withdrawn are to be delivered to a Person or Persons other than the Record Holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Series I Preferred SharesStock, such Holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder for withdrawal of such shares of the Series I Preferred Shares Stock be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Series I Preferred Shares Stock and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder Holder, and consent of the Depositary, surrendering such Receipt or Receipts and for the account of the Holder thereof, such delivery may be made at such other place as may be designated by such Holder.

Appears in 1 contract

Samples: Deposit Agreement (Bank of New York Mellon Corp)

Split-ups and Combinations. of Receipts; Surrender of Receipts and Withdrawal of the Series B Preferred SharesStock. Upon surrender of a Receipt or Receipts at the Depositary’s Office or at such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and shall deliver such new Receipt or Receipts to or upon the order of the Holder of the Receipt or Receipts so surrendered. Any Holder of a Receipt or Receipts may withdraw the number of whole shares of the Series B Preferred Shares Stock and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts at the Depositary’s Office or at such other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Preferred Shares (or money and other property, if any, represented thereby) which has previously been called for redemption. After such surrender and upon the receipt of written instructions from the Holder of such Receipt or ReceiptsThereafter, without unreasonable delay (provided the Company has provided the Depositary with all necessary documentation)delay, the Depositary shall deliver to such Holder, or to the Person person or Persons persons designated by such Holder as hereinafter provided, the number of whole shares of the Series B Preferred Shares Stock and all money and other property, if any, represented by the Receipt or Receipts so surrendered for withdrawal, but Holders of such whole shares of the Series B Preferred Shares Stock will not thereafter be entitled to deposit such shares of the Series B Preferred Shares Stock hereunder or to receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Preferred Shares and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary), which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder to the Depositary in connection with such withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Series B Preferred Shares to be withdrawnStock, the Depositary shall at the same time, in addition to such number of whole shares of the Series B Preferred Shares Stock and such money and other property, if any, to be so withdrawn, deliver to such Holder, or subject to Section 2.3 upon such Holder’s his order, a new Receipt evidencing such excess number of Depositary Shares. In no event will fractional shares of the Series B Preferred Shares Stock (or any cash payment in lieu thereof) be delivered by the Depositary. Any fraction of a share of Series B Preferred Stock that would be required to satisfy such an obligation shall be disregarded. Delivery of shares of the Series B Preferred Shares Stock and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate (or in such other manner as may be agreed to by the Company and the Depositary)appropriate. If shares of the Series B Preferred Shares Stock and the money and other property, if any, being withdrawn are to be delivered to a Person person or Persons persons other than the Record Holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Series B Preferred SharesStock, such Holder shall execute and deliver to the Depositary a written order so directing the Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder for withdrawal of such shares of the Series B Preferred Shares Stock be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank. Delivery of shares of the Series B Preferred Shares Stock and the money and other property, if any, represented by Receipts surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder surrendering such Receipt or Receipts and for the account of the Holder thereof, such delivery may be made at such other place as may be designated by such Holder.

Appears in 1 contract

Samples: Deposit Agreement (First Merchants Corp)

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