Common use of Surrender of Receipts and Withdrawal of Deposited Securities Clause in Contracts

Surrender of Receipts and Withdrawal of Deposited Securities. Upon surrender of this Receipt at the Principal Office of the Depositary, and upon payment of the fee of the Depositary provided in Paragraph (6) of this Receipt, and subject to the terms and conditions of the Deposit Agreement, the Holder hereof is entitled to delivery, to him or upon his order, of the Deposited Securities at the time represented by the American Depositary Shares for which this Receipt is issued. Delivery of such Deposited Securities may be made by the delivery of a certificate or certificates therefor, or of other appropriate evidence of title thereto, properly endorsed or accompanied by proper instruments of transfer to such Holder or as ordered by him. Such delivery will be made without unreasonable delay and, at the option of such Holder, either at the office of a Custodian or at the Principal Office of the Depositary, provided that the forwarding of Shares or other Deposited Securities for such delivery at the Principal Office of the Depositary in the Borough of Manhattan, The City of New York, shall be at the risk and expense of the Holder hereof.

Appears in 3 contracts

Samples: Sandvik Ab And (Citibank,N.A./ADR), Deposit Agreement (Sandvik Ab /Fi), Deposit Agreement (Sandvik Ab /Fi)

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Surrender of Receipts and Withdrawal of Deposited Securities. Upon surrender of this Receipt at the Principal Office of the DepositaryDepositary of this Receipt, and upon payment of the fee of the Depositary provided in Paragraph (6) of this ReceiptReceipt and of all taxes, duties and other governmental charges and fees payable in connection herewith, and subject to the terms and conditions of the Deposit AgreementAgreement and the Articles of Association of the Company, the Holder hereof is entitled to delivery, to him or upon his order, of the Deposited Securities at the time represented by the American Depositary Shares for which evidenced by this Receipt is issuedReceipt. Delivery of such Deposited Securities may be made through VPS or by the delivery of a certificate or certificates therefor, or of other appropriate evidence of title thereto, properly endorsed or accompanied by proper instruments of transfer to such Holder or as ordered by him. Such delivery will be made without unreasonable delay and, at the option of such Holder, either at the office of a Custodian or at the Principal Office of the Depositary, provided that the forwarding of Shares or other Deposited Securities for such delivery at the Principal Office of the Depositary in the Borough of Manhattan, The City of New York, shall be at the risk and expense of the Holder hereof.

Appears in 2 contracts

Samples: Deposit Agreement (Petroleum Geo Services Asa), Deposit Agreement (Petroleum Geo Services Asa)

Surrender of Receipts and Withdrawal of Deposited Securities. Upon surrender of this Receipt at the Principal Office of the DepositaryDepositary of this Receipt, and upon payment of the fee fee, if any, of the Depositary provided in Paragraph paragraph (6) of this Receipt, and subject to the further terms and conditions of the Deposit Agreement, the Holder hereof is entitled to delivery, to him or upon his order, of the Deposited Securities at the time represented by the American Depositary Shares for which this Receipt is issued. Delivery of such Deposited Securities may be made by the delivery of a certificate or certificates therefor, or of other appropriate evidence of title theretoto the order of the Holder hereof, properly as ordered by him or by the delivery of appropriate evidence of title endorsed or accompanied by proper instruments of transfer to such Holder transfer, or as ordered by himbook entry delivery. Such delivery will be made without unreasonable delay and, at the option of such Holderthe Holder hereof, either at the office of a any Custodian or at the Principal Corporate Agency Office of the Depositary, provided that the forwarding of Shares or other Deposited Securities for such delivery at the Principal Corporate Agency Office of the Depositary in the Borough of Manhattan, The City of New York, York shall be at the risk and expense of the Holder hereof.

Appears in 2 contracts

Samples: Deposit Agreement (Groupe Danone), Deposit Agreement (Groupe Danone)

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Surrender of Receipts and Withdrawal of Deposited Securities. Upon surrender of this Receipt at the Principal Corporate Agency Office of the DepositaryDepositary of this Receipt, and upon payment of the fee fee, if any, of the Depositary provided in Paragraph paragraph (6) of this Receipt, and subject to the further terms and conditions of the Deposit Agreement, the Holder hereof is entitled to delivery, to him or upon his order, of the Deposited Securities at the time represented by the American Depositary Shares for which this Receipt is issued. Delivery of such Deposited Securities may be made by the delivery of a certificate or certificates therefor, or of other appropriate evidence of title theretoto the order of the Holder hereof, properly as ordered by him or by the delivery of appropriate evidence of title endorsed or accompanied by proper instruments of transfer to such Holder transfer, or as ordered by himbook entry delivery. Such delivery will be made without unreasonable delay and, at the option of such Holderthe Holder hereof, either at the office of a any Custodian or at the Principal Corporate Agency Office of the Depositary, provided that the forwarding of Shares or other Deposited Securities for such delivery at the Principal Corporate Agency Office of the Depositary in the Borough of Manhattan, The City of New York, York shall be at the risk and expense of the Holder hereof.

Appears in 1 contract

Samples: Deposit Agreement (Groupe Danone)

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