The Custodians. The Custodian shall be subject at all times and in all respects to the directions of the Depositary and shall be responsible solely to it. The Depositary in its discretion may at any time appoint a substitute or additional custodian or custodians, each of which shall thereafter be one of the Custodians under this Deposit Agreement. If the Depositary receives notice that a Custodian is resigning and, upon the effectiveness of that resignation there would be no Custodian acting under this Deposit Agreement, the Depositary shall, as promptly as practicable after receiving that notice, appoint a substitute custodian or custodians, each of which shall thereafter be a Custodian under this Deposit Agreement. The Depositary shall require any Custodian that resigns or is removed to deliver all Deposited Securities held by it to another Custodian. The Depositary shall notify the Company of the appointment of a substitute or additional Custodian. The Depositary shall require each such substitute or additional custodian it appoints to deliver to the Depositary, forthwith upon its appointment, an acceptance of such appointment reasonably satisfactory in form and substance to the Depositary.
Appears in 3 contracts
Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Grupo Supervielle S.A.), Deposit Agreement (Bank of New York / Adr Division)
The Custodians. The Custodian Custodians shall be subject at all times and in all respects to the directions of the Depositary and shall be responsible solely to it. The Depositary in its discretion may at any time appoint a substitute or additional custodian or custodians, each of which shall thereafter be one of the Custodians under this Deposit Agreement. If the Depositary receives notice that a Custodian is resigning and, upon the effectiveness of that resignation there would be no Custodian acting under this Deposit Agreement, the Depositary shall, as promptly as practicable after receiving that notice, appoint a substitute custodian or custodians, each of which shall thereafter be a Custodian under this Deposit Agreement. The Depositary shall require any Custodian that resigns or is removed to deliver all Deposited Securities held by it to another Custodian. The Depositary shall notify the Company of the appointment of a substitute or additional Custodian. The Depositary shall require each such substitute , or additional custodian it appoints to deliver to the Depositaryany other change in Custodian, forthwith upon its appointment, an acceptance of such appointment reasonably satisfactory in form and substance to the Depositaryas promptly as practicable.
Appears in 3 contracts
Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Grupo Aeromexico, S.A.B. De C.V.), Deposit Agreement (Grupo Aeromexico, S.A.B. De C.V.)
The Custodians. The Custodian shall be subject at all times and in all respects to the directions of the Depositary and shall be responsible solely to it. The Depositary in its discretion may at any time appoint a substitute or additional custodian or custodians, each of which shall thereafter be one of the Custodians under this Deposit Agreement. If the Depositary receives notice that a Custodian is resigning and, upon the effectiveness of that resignation there would be no Custodian acting under this Deposit Agreement, the Depositary shall, as promptly as practicable after receiving that notice, appoint a substitute custodian or custodians, each of which shall thereafter be a Custodian under this Deposit Agreement. The Depositary shall require any Custodian that resigns or is removed to deliver all Deposited Securities held by it to another Custodian. The Depositary shall notify the Company of the appointment of a substitute or additional Custodian. The Depositary shall require each such substitute , or additional custodian it appoints to deliver to the Depositaryany other change in Custodian, forthwith upon its appointment, an acceptance of such appointment reasonably satisfactory in form and substance to the Depositaryas promptly as practicable.
Appears in 3 contracts
Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (D-Market Electronic Services & Trading)
The Custodians. The Depositary has appointed Credit Suisse AG as a Custodian under this Deposit Agreement. The Custodian shall be subject at all times and in all respects to the directions of the Depositary and shall be responsible solely to it. The Credit Suisse AG shall be a sole Custodian under this Deposit Agreement so long as it continues to offer custodial services; the Depositary in its discretion may at any time appoint a substitute or an additional custodian or custodianscustodians with the consent of the Company (which consent shall not be unreasonably withheld), each of which shall thereafter be one of the Custodians under this Deposit Agreement. If the Depositary receives notice that a Custodian is resigning and, upon the effectiveness of that resignation there would be no Custodian acting under this Deposit Agreement, the Depositary shall, as promptly as practicable after receiving that notice, appoint a substitute custodian or custodians, each of which shall thereafter be a Custodian under this Deposit Agreement. The Depositary shall require any Custodian that resigns or is removed to deliver all Deposited Securities held by it to another Custodian. The Depositary shall notify the Company of the appointment of a substitute or additional Custodian. The Depositary shall require each such substitute or additional custodian it appoints to deliver to the Depositary, forthwith upon its appointment, an acceptance of such appointment reasonably satisfactory in form and substance to the Depositary.
Appears in 3 contracts
Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Bank of New York / Adr Division)
The Custodians. The Custodian shall be subject at all times and in all respects to the directions of the Depositary and shall be responsible solely to it. The Depositary in its discretion may at any time discharge a Custodian or appoint a substitute or additional custodian or custodians, each of which shall thereafter be one of the Custodians under this Deposit Agreement. If the Depositary receives notice that a Custodian is resigning and, upon the effectiveness of that resignation there would be no Custodian acting under this Deposit Agreement, the Depositary shall, as promptly as practicable after receiving that notice, appoint a substitute custodian or custodians, each of which shall thereafter be a Custodian under this Deposit Agreement. The Depositary shall require any Custodian that resigns or is removed to deliver all Deposited Securities held by it to another Custodian. The Depositary shall endeavor to notify the Company of the discharge of the Custodian, or the appointment of a substitute or additional Custodian. The Depositary shall require each such substitute or additional custodian it appoints to deliver to the Depositary, forthwith upon its appointment, an acceptance of such appointment reasonably satisfactory in form and substance to the Depositaryas promptly as practicable.
Appears in 3 contracts
Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Kitov Pharmaceuticals Holdings Ltd.)
The Custodians. The Custodian shall be subject at all times and in all respects to the directions of the Depositary and shall be responsible solely to it. The Depositary in its discretion may at any time remove a Custodian or appoint a substitute or additional custodian or custodians, each of which shall thereafter be one of the Custodians under this Deposit Agreement. If the Depositary removes a Custodian or receives notice that a Custodian is resigning and, upon the effectiveness of that removal or resignation there would be no Custodian acting under this Deposit Agreement, the Depositary shall, as promptly as practicable after receiving that notice, appoint a substitute custodian or custodians, each of which shall thereafter be a Custodian under this Deposit Agreement. The Depositary shall require any Custodian that resigns or is removed to deliver all Deposited Securities held by it to another Custodian. The Depositary shall notify the Company of the appointment of a substitute or additional Custodian. The Depositary shall require each such substitute or additional custodian it appoints to deliver to the Depositary, forthwith upon its appointment, an acceptance of such appointment reasonably satisfactory in form and substance to the Depositary.
Appears in 2 contracts
Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Bank of New York / Adr Division)
The Custodians. The Custodian shall be subject at all times and in all respects to the directions of the Depositary and shall be responsible solely to it. The Depositary in its discretion may at any time appoint a substitute or additional custodian or custodians, each of which shall thereafter be one of the Custodians under this Deposit Agreement. If the Depositary receives notice that a Custodian is resigning and, upon the effectiveness of that resignation there would be no Custodian acting under this Deposit Agreement, the Depositary shall, as promptly as practicable after receiving that notice, appoint a substitute custodian or custodians, each of which shall thereafter be a Custodian under this Deposit Agreement. The Depositary shall require any Custodian that resigns or is removed to deliver all Deposited Securities held by it to another Custodian. The Depositary shall notify the Company of the appointment of a substitute or additional Custodian. The Depositary shall will require each such substitute or additional custodian it appoints to deliver to the Depositary, forthwith upon its appointment, an acceptance of such appointment reasonably satisfactory in form and substance to the Depositary.
Appears in 2 contracts
Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Gensight Biologics S.A.)
The Custodians. The Custodian shall be subject at all times and in all respects to the directions of the Depositary and shall be responsible solely to it. The Depositary in its discretion may at any time discharge the Custodian or appoint a substitute or additional custodian or custodians, each of which shall thereafter be one of the Custodians under this Deposit Agreement. If the Depositary receives notice that a Custodian is resigning and, upon the effectiveness of that resignation there would be no Custodian acting under this Deposit Agreement, the Depositary shall, as promptly as practicable after receiving that notice, appoint a substitute custodian or custodians, each of which shall thereafter be a Custodian under this Deposit Agreement. The Depositary shall require any Custodian that resigns or is removed to deliver all Deposited Securities held by it to another Custodian. The Depositary shall endeavor to notify the Company of the discharge of the Custodian, or the appointment of a substitute or additional Custodian. The Depositary shall require each such substitute or additional custodian it appoints to deliver to the Depositary, forthwith upon its appointment, an acceptance of such appointment reasonably satisfactory in form and substance to the Depositaryas promptly as practicable.
Appears in 2 contracts
Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Bank of New York / Adr Division)
The Custodians. The Custodian shall be subject at all times and in all respects to the directions of the Depositary and shall be responsible solely to it. The Depositary in its discretion may at any time appoint a substitute or additional custodian or custodians, each of which shall thereafter be one of the Custodians under this Deposit Agreement. If the Depositary receives notice that a Custodian is resigning and, upon the effectiveness of that resignation there would be no Custodian acting under this Deposit Agreement, the Depositary shall, as promptly as practicable after receiving that notice, appoint a substitute custodian or custodians, each of which shall thereafter be a Custodian under this Deposit Agreement. The Depositary shall require any Custodian that resigns or is removed to deliver all Deposited Securities held by it to another Custodian. The Depositary shall notify the Company of the appointment of a substitute or additional Custodian. The Depositary shall require each such substitute or additional custodian it appoints to deliver to the Depositary, forthwith upon its appointment, an acceptance of such appointment reasonably satisfactory in form and substance to the Depositary.
Appears in 1 contract
Samples: Deposit Agreement (Bank of New York / Adr Division)
The Custodians. The Custodian shall be subject at all times and in all respects to the directions of the Depositary and shall be responsible solely to it. The Depositary in its discretion may at any time appoint a substitute or additional custodian or custodians, each of which shall thereafter be one of the Custodians under this Deposit Agreement. If the Depositary receives notice that a Custodian is resigning and, upon the effectiveness of that resignation there would be no Custodian acting under this Deposit Agreement, the Depositary shall, as promptly as practicable after receiving that notice, appoint a substitute custodian or custodians, each of which shall thereafter be a Custodian under this Deposit Agreement. The Depositary shall require any Custodian that resigns or is removed to deliver all Deposited Securities held by it to another Custodian. The Depositary shall endeavor to notify the Company of the discharge of the Custodian, or the appointment of a substitute or additional Custodian. The Depositary shall require each such substitute or additional custodian it appoints to deliver to the Depositary, forthwith upon its appointment, an acceptance of such appointment reasonably satisfactory in form and substance to the Depositaryas promptly as practicable.
Appears in 1 contract
Samples: Deposit Agreement (Bank of New York / Adr Division)
The Custodians. The Custodian appointed by the Depositary must be a Russian company that meets the eligibility requirements set forth by Russian law. The Custodian shall be subject at all times and in all respects to the directions of the Depositary and shall be responsible solely to it. The Depositary in its discretion may at any time appoint a substitute or additional custodian or custodians, each of which shall thereafter be one of the Custodians under this Deposit Agreement. If the Depositary receives notice that a Custodian is resigning and, upon the effectiveness of that resignation there would be no Custodian acting under this Deposit Agreement, the Depositary shall, as promptly as practicable after receiving that notice, appoint a substitute custodian or custodians, each of which shall thereafter be a Custodian under this Deposit Agreement. The Depositary shall require any Custodian that resigns or is removed to deliver all Deposited Securities held by it to another Custodian. The Depositary shall notify the Company as soon as practicable of any resignation, removal or replacement of the appointment of a substitute or additional Custodian. The Depositary shall require each such substitute or additional custodian it appoints to deliver to the Depositary, forthwith upon its appointment, an acceptance of such appointment reasonably satisfactory in form and substance to the Depositary.
Appears in 1 contract
Samples: Deposit Agreement (Bank of New York / Adr Division)
The Custodians. The Custodian shall be subject at all times and in all respects to the directions of the Depositary and shall be responsible solely to it. The Depositary in its discretion may at any time appoint a substitute or additional custodian or custodians, each of which shall thereafter be one of the Custodians under this Deposit Agreement. If the Depositary receives notice that a Custodian is resigning and, upon the effectiveness of that resignation there would be no Custodian acting under this Deposit Agreement, the Depositary shall, as promptly as practicable after receiving that notice, appoint a substitute custodian or custodians, each of which shall thereafter be a Custodian under this Deposit Agreement. The Depositary shall require any Custodian that resigns or is removed to deliver all Deposited Securities held by it to another Custodian. The Depositary shall notify the Company of the appointment of a substitute or additional Custodian. The Depositary shall require each such substitute or additional custodian it appoints to deliver to the Depositary, forthwith upon its appointment, an acceptance of such appointment reasonably satisfactory in form and substance to the Depositary. The Depositary shall notify the Company of any changes in Custodian, provided that the Company disclaims any obligation to communicate such changes to Owners.
Appears in 1 contract
Samples: Deposit Agreement (Bank of New York / Adr Division)