Common use of TERMINATION OF DEPOSIT AGREEMENT Clause in Contracts

TERMINATION OF DEPOSIT AGREEMENT. The Deposit Agreement may be terminated by the Company or the Depositary after (i) all outstanding Depositary Shares have been redeemed or (ii) there shall have been made a final distribution in respect of the Stock in connection with any liquidation, dissolution or winding up of the Company and such distribution shall have been distributed to the holders of Depositary Receipts.

Appears in 31 contracts

Samples: Deposit Agreement (Ps Business Parks Inc/Ca), Deposit Agreement (Ps Business Parks Inc/Ca), Deposit Agreement (Ps Business Parks Inc/Ca)

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TERMINATION OF DEPOSIT AGREEMENT. The Deposit Agreement may be terminated by the Company or the Depositary only after (i) all outstanding Depositary Shares shall have been redeemed or (ii) there shall have been made a final distribution in respect of the Stock in connection with any liquidation, dissolution or winding up of the Company and such distribution shall have been distributed to the holders of Depositary ReceiptsShares. Upon the termination of the Deposit Agreement, the Company shall be discharged from all obligations thereunder except for its obligations to the Depositary, any Depositary's Agent and any Registrar with respect to indemnification, charges and expenses.

Appears in 3 contracts

Samples: Deposit Agreement (American Health Properties Inc), Deposit Agreement (Health Care Property Investors Inc), Deposit Agreement (Health Care Property Investors Inc)

TERMINATION OF DEPOSIT AGREEMENT. The Deposit Agreement may be terminated by the Company or the Depositary only after (a) (i) all outstanding Adjustable Rate Depositary Shares shall have been redeemed pursuant to Section 2.03 of the Deposit Agreement or (ii) there shall have been made a final distribution in respect of the Stock in connection with any liquidation, dissolution or winding up of the Company and such distribution shall have been distributed to the holders of Depositary Receipts.A-21

Appears in 2 contracts

Samples: Deposit Agreement Deposit Agreement (El Paso Natural Gas Co), Agreement and Plan of Merger (El Paso Natural Gas Co)

TERMINATION OF DEPOSIT AGREEMENT. The Deposit Agreement may be terminated by the Company or the Depositary upon or after the occurrence of any of the following events: (i) all outstanding Depositary Shares have been redeemed or (ii) there shall have been made a final distribution in respect of the Stock in connection with any liquidation, dissolution or winding up of the Company and such distribution shall have been distributed to the holders of Depositary Receipts; or (ii) each share of Stock shall have been converted into shares of Common Stock.

Appears in 1 contract

Samples: Deposit Agreement (Brooks Fiber Properties Inc)

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TERMINATION OF DEPOSIT AGREEMENT. The Deposit Agreement may be terminated by the Company or the Depositary only if and after (i) all outstanding Depositary Shares shares of Preferred Stock shall have been redeemed or redeemed, (ii) there shall have been made a final distribution in respect of the Preferred Stock in connection with any liquidation, dissolution or winding up of the Company and such distribution shall have been distributed by the Depositary to the holders of Depositary Receipts., (iii) each share of Preferred Stock shall have been converted into shares of Common Stock or (iv) each share of Preferred Stock shall have been exchanged for PracticeWorks

Appears in 1 contract

Samples: Deposit Agreement (Infocure Corp)

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