Common use of Substitution of ADRs Clause in Contracts

Substitution of ADRs. In case any certificated ADR shall be mutilated, destroyed, lost or stolen, the Depositary shall execute and deliver a new Direct Registration ADR in exchange and substitution for any mutilated certificated ADR upon cancellation thereof or in lieu of and in substitution for such destroyed, lost or stolen certificated ADR (unless the Depositary has notice that such ADR has been acquired by a bona fide purchaser) upon the Holder thereof filing with the Depositary a request for such execution and delivery and a sufficient indemnity bond and satisfying any other reasonable requirements imposed by the Depositary.

Appears in 3 contracts

Samples: Deposit Agreement (Fiat S P A), Deposit Agreement (Fiat S P A), Deposit Agreement (Fiat S P A)

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Substitution of ADRs. In case any certificated ADR shall be mutilated, destroyed, lost or stolen, the The Depositary shall issue or execute and deliver a new Direct Registration ADR (or a certificated ADR if specifically requested by the Holder in writing) in exchange and substitution for any mutilated certificated ADR upon cancellation thereof or in lieu of and in substitution for such destroyed, lost or stolen certificated ADR (ADR, unless the Depositary has notice that such ADR has been acquired by a bona fide purchaser) , upon the Holder thereof filing with the Depositary a request for such execution and delivery and a sufficient indemnity bond and satisfying any other reasonable requirements imposed by the Depositary.

Appears in 2 contracts

Samples: Deposit Agreement (Olivetti Spa), Deposit Agreement (Olivetti Spa)

Substitution of ADRs. In case any certificated ADR shall be mutilated, destroyed, lost or stolen, the The Depositary shall execute and deliver a new -------------------- Direct Registration ADR in exchange and substitution for any mutilated certificated ADR upon cancellation thereof or in lieu of and in substitution for such destroyed, lost or stolen certificated ADR (ADR, unless the Depositary has notice that such ADR has been acquired by a bona fide purchaser) , upon the Holder thereof filing with the Depositary a request for such execution and delivery and and, in the case of such destroyed, lost or stolen certificated ADRs, a sufficient indemnity bond and satisfying any other reasonable requirements imposed by the Depositary.

Appears in 1 contract

Samples: Deposit Agreement (Silverline Technologies LTD)

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Substitution of ADRs. In case any certificated ADR shall be mutilated, destroyed, lost or stolen, the The Depositary shall execute and deliver a new certificated ADR, or, if at such time Direct Registration ADRs are permitted within the system of The Depository Trust Company, a new Direct Registration ADR in exchange and substitution for any mutilated certificated ADR upon cancellation thereof or in lieu of and in substitution for such destroyed, lost or stolen certificated ADR (ADR, unless the Depositary has notice that such ADR has been acquired by a bona fide purchaser) , upon the Holder thereof filing with the Depositary a request for such execution and delivery and a sufficient indemnity bond and satisfying any other reasonable requirements imposed by the Depositary.

Appears in 1 contract

Samples: Deposit Agreement

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