Surrender of Receipts and Withdrawal of Stock. Upon surrender of an American Depositary Receipt or Receipts at the Depositary’s corporate trust office in New York City currently located at 110 Xxxx Xxxxxx xr at such other offices as the Depositary may designate for the purpose of withdrawal of the Deposited Securities represented thereby, and upon payment of the fee of the Depositary for the delivery of deposited Securities, and subject to the terms and conditions of the Deposit Agreement, the Holder of such Receipt or Receipts shall be entitled to delivery, to him or upon his order, of the Stock and any other Deposited Securities at the time represented by the deliverable portion of such Receipt or Receipts (as defined in the Deposit Agreement). If such Stock and other Deposited Securities are held in registered form, delivery of such Stock and other Deposited Securities may be made by the delivery of certificates registered in the name of such Holder or as ordered by him, or by delivery of certificates which, if required by law, shall be properly endorsed or accompanied by properly executed instruments of transfer. If such Stock and other Deposited Securities are not held in registered form, delivery shall be made by book-entry delivery. Such delivery shall be made, as hereinafter provided, without unreasonable delay. A Receipt or Receipts surrendered for such purposes may be required by the Depositary to be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank, and the Holder thereof shall execute and deliver to the Depositary a written order directing the Depositary to cause the Stock and any other Deposited Securities being withdrawn to be delivered to or upon the written order of a person or persons designated in such order. Thereupon the Depositary shall direct the Custodian to deliver at the main office of the Custodian in Tokyo, subject to the terms and conditions of the Deposit Agreement, to or upon the written order of the person or persons designated in the order delivered to the Depositary as above provided, the amount of Stock and any other Deposited Securities represented by the deliverable portion of such Receipt or Receipts, except that the Depositary may make delivery to such person or persons at the corporate trust office in New York City of the Depositary of any dividends or distributions with respect to the Stock and any other Deposited Securities represented by the deliverable portion of such Receipt or Receipts, or of any proceeds of sale of any dividends, distributions or rights, which may at the time be held by such Depositary. Such order shall be given by letter or, at the risk and expense of the Holder, by cable, telex or facsimile transmission. At the request and risk and expense of any Holder so surrendering a Receipt or Receipts, and for the account of such Holder, the Depositary shall direct the Custodian to forward the certificate or certificates and other proper documents or relating to title for the amount of Stock and any other Deposited Securities represented by the deliverable portion of such Receipt or Receipts for delivery at the corporate trust office in New York City of the Depositary. Such direction shall be given in writing and mailed, first class airmail postage prepaid, or, at the request and risk and expense of such Holder, by cable, telex or facsimile transmission.
Appears in 1 contract
Surrender of Receipts and Withdrawal of Stock. Upon surrender of (a) an American Depositary Receipt or Receipts at the Depositary’s corporate trust office Corporate Trust Office in New York City currently located at 110 Xxxx Xxxxxx xr at such other offices as or (b) a European Depositary Receipt with all coupons not previously designated by the Depositary may designate for surrender and talon attached at the Principal Office in London or at the office of a Subdepositary, for the purpose of withdrawal of the Deposited Securities represented thereby, and upon payment of the fee of the Depositary for the delivery of deposited SecuritiesDeposited Securities and the cancellation of Receipts, and subject to the terms and conditions of the this Deposit Agreement, the Holder holder of such Receipt or Receipts shall be entitled to delivery, to him or upon his order, of the Stock and any other Deposited Securities at the time represented by the deliverable portion of such Receipt or Receipts (as defined in the Deposit AgreementSection 2.07(c)). If such Stock and other Deposited Securities are held in registered form, delivery Delivery of such Stock and other Deposited Securities may be made by the delivery of certificates registered in the name of such Holder or as ordered by him, or by delivery of certificates which, if required by law, shall be properly endorsed or accompanied by properly executed instruments of transfer. If such Stock and other Deposited Securities are not held in registered form, delivery shall be made by book-entry delivery. Such delivery shall be made, as hereinafter provided, without unreasonable delay. A An American Depositary Receipt or Receipts surrendered for such purposes may be required by the Depositary to be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank, and the Holder thereof holder of either an American Depositary Receipt or a European Depositary Receipt surrendered for the purpose of withdrawal shall execute and deliver to the Depositary or Subdepositary a written order directing the Depositary to cause the Stock and any other Deposited Securities being withdrawn to be delivered to or upon the written order of a person or persons designated in such order. Thereupon the Depositary shall direct the Custodian to deliver at the main office of the Custodian in Tokyo, subject to Sections 2.07, 3.01 and 3.02, and to the other terms and conditions of the this Deposit Agreement, to or upon the written order of the person or persons designated in the order delivered to the Depositary or Subdepositary as above provided, the amount of Stock and any other Deposited Securities represented by the deliverable portion of such Receipt or Receipts, except that the Depositary may make delivery to such person or persons at the corporate trust office Corporate Trust Office in New York City City, at the Principal Office in London or at the office of one of the Depositary Subdepositaries, as designated by the holder in such written order, of any dividends or distributions with respect to the Stock and any other Deposited Securities represented by the deliverable portion of such Receipt or Receipts, or of any proceeds of sale of any such dividends, distributions or rights, which may at the time be held by such Depositary. Such order direction shall be given by letter or, at the risk and expense of the Holderholder, by cable, telex or facsimile transmission. At the request and risk and expense of any Holder holder so surrendering a Receipt or Receipts, and for the account of such Holderholder, the Depositary shall direct the Custodian to forward the certificate or certificates and other proper documents or relating to of title for the amount of Stock and any other Deposited Securities represented by the deliverable portion of such Receipt or Receipts for delivery at the corporate trust office Corporate Trust Office in New York City City, at the Principal Office in London or at the office of a Subdepositary, as designated by the Depositaryholder. Such direction shall be given in writing and mailed, first class airmail air mail postage prepaid, or, at the request and risk and expense of such Holderholder, by cable, telex or facsimile transmission.
Appears in 1 contract
Samples: Deposit Agreement (Mitsui & Co LTD)
Surrender of Receipts and Withdrawal of Stock. Upon surrender at the Corporate Trust Office of an the Depositary of a Receipt evidencing American Depositary Receipt or Receipts at the Depositary’s corporate trust office in New York City currently located at 110 Xxxx Xxxxxx xr at such other offices as the Depositary may designate Shares for the purpose of withdrawal of the Deposited Securities represented thereby, and upon payment of the fee of the Depositary for the delivery cancellation of deposited SecuritiesReceipts, and subject to the terms and conditions of the this Deposit Agreement, the Holder of such Receipt or Receipts shall be entitled to delivery, to him or upon his order, of the Stock and any other amount of Deposited Securities at the time represented by the deliverable portion such Receipt. Delivery of such Receipt or Receipts (as defined in the Deposit Agreement). If such Stock and other Deposited Securities are held in registered form, delivery of such Stock and other Deposited Securities may be made by the delivery of certificates registered in the name of to such Holder or as ordered by him, or by delivery of certificates which, if required by law, shall be properly endorsed or accompanied by properly executed instruments of transfer. If such Stock and other Deposited Securities are not held in registered form, delivery shall be made by book-entry delivery. Such delivery shall be made, as hereinafter provided, without unreasonable delay. A Receipt or Receipts surrendered for such purposes may be required by the Depositary to be properly endorsed in blank or accompanied by a properly executed instrument proper instruments of transfer in blank, and the Holder thereof shall execute and deliver to the Depositary a written order directing the Depositary to cause the Stock and any other Deposited Securities being withdrawn to be delivered to or upon the written order of a the person or persons designated in such order. Thereupon the Depositary shall direct the Custodian to deliver at the main Dublin office of the Custodian in TokyoCustodian, subject to Sections 2.06, 3.012.6, 3.1 and 3.02,3.2, and to the other terms and conditions of the this Deposit Agreement, to or upon the written order of the person or persons designated in the order delivered to the Depositary as above provided, the amount of Stock and any other Deposited Securities represented by the deliverable portion of such Receipt or ReceiptsReceipt, except that the Depositary may make take delivery to such person or persons at the corporate trust office in New York City Corporate Trust Office of the Depositary of any dividends or distributions with respect to the Stock and any other Deposited Securities represented by the deliverable portion of such Receipt or ReceiptsReceipt, or of any proceeds of sale of any dividends, distributions or rights, which may at the time be held by such the Depositary. Such order shall be given by letter or, at the risk and expense of the Holder, by cable, telex or facsimile transmission. At the request and request, risk and expense of any Holder so surrendering a Receipt or ReceiptsReceipt, and for the account of such Holder, the Depositary shall direct the Custodian to forward the a certificate or certificates and other proper documents or relating to of title for the amount of Stock and any other Deposited Securities represented by the deliverable portion of such Receipt or Receipts to the Depositary for delivery deliver at the corporate trust office in New York City Corporate Trust Office of the Depositary. Such direction shall be given in writing and mailed, first class airmail postage prepaid, by letter or, at the request and request, risk and expense of such Holder, by cable, telex or facsimile transmission.
Appears in 1 contract
Samples: Deposit Agreement (Bank of New York / Adr Division)
Surrender of Receipts and Withdrawal of Stock. Upon surrender of an American Depositary Receipt or Receipts at the Depositary’s corporate trust office in New York City currently located at 110 100 Xxxx Xxxxxx xr or at such other offices as the Depositary may designate for the purpose of withdrawal of the Deposited Securities represented thereby, and upon payment of the fee of the Depositary for the delivery of deposited Securities, and subject to the terms and conditions of the Deposit Agreement, the Holder of such Receipt or Receipts shall be entitled to delivery, to him or upon his order, of the Stock and any other Deposited Securities at the time represented by the deliverable portion of such Receipt or Receipts (as defined in the Deposit Agreement). If such Stock and other Deposited Securities are held in registered form, delivery of such Stock and other Deposited Securities may be made by the delivery of certificates registered in the name of such Holder or as ordered by him, or by delivery of certificates which, if required by law, shall be properly endorsed or accompanied by properly executed instruments of transfer. If such Stock and other Deposited Securities are not held in registered form, delivery shall be made by book-entry delivery. Such delivery shall be made, as hereinafter provided, without unreasonable delay. A Receipt or Receipts surrendered for such purposes may be required by the Depositary to be properly endorsed in blank or accompanied by a properly executed instrument of transfer in blank, and the Holder thereof shall execute and deliver to the Depositary a written order directing the Depositary to cause the Stock and any other Deposited Securities being withdrawn to be delivered to or upon the written order of a person or persons designated in such order. Thereupon the Depositary shall direct the Custodian to deliver at the main office of the Custodian in Tokyo, subject to the terms and conditions of the Deposit Agreement, to or upon the written order of the person or persons designated in the order delivered to the Depositary as above provided, the amount of Stock and any other Deposited Securities represented by the deliverable portion of such Receipt or Receipts, except that the Depositary may make delivery to such person or persons at the corporate trust office in New York City of the Depositary of any dividends or distributions with respect to the Stock and any other Deposited Securities represented by the deliverable portion of such Receipt or Receipts, or of any proceeds of sale of any dividends, distributions or rights, which may at the time be held by such Depositary. Such order shall be given by letter or, at the risk and expense of the Holder, by cable, telex or facsimile transmission. At the request and risk and expense of any Holder so surrendering a Receipt or Receipts, and for the account of such Holder, the Depositary shall direct the Custodian to forward the certificate or certificates and other proper documents or relating to title for the amount of Stock and any other Deposited Securities represented by the deliverable portion of such Receipt or Receipts for delivery at the corporate trust office in New York City of the Depositary. Such direction shall be given in writing and mailed, first class airmail postage prepaid, or, at the request and risk and expense of such Holder, by cable, telex or facsimile transmission.
Appears in 1 contract