Common use of Transfer of Receipts Clause in Contracts

Transfer of Receipts. Subject to the terms and -------------------- conditions of this Deposit Agreement, the Depositary or the Registrar, if any, shall promptly register transfers of Receipts on its transfer books from time to time, upon any surrender at its designated transfer offices of a Receipt by the Registered Holder thereof in person or by a duly authorized attorney, properly endorsed or accompanied by a properly executed instrument of transfer, and duly stamped as may be required by the laws of the State of New York, of the United States of America and any other applicable law. Thereupon the Depositary shall execute and, if the Depositary's signature is by facsimile, the Registrar shall manually countersign a new Receipt or Receipts and deliver the same to or upon the order of the person entitled thereto evidencing the same aggregate number of American Depositary Shares as those evidenced by the Receipts surrendered. The Depositary, upon the written request of the Company, shall, or with the written approval not to be unreasonably withheld of the Company, may, appoint one or more co-transfer agents for the purpose of effecting transfers (or combinations and split-ups as under Section 2.05 hereof) of Receipts at designated transfer offices on behalf of the Depositary. In carrying out its functions, a co-transfer agent may require evidence of authority and compliance with applicable laws and other requirements by Registered Holders, Beneficial Owners or other persons entitled to Receipts and will be entitled to protection and indemnity to the same extent as the Depositary.

Appears in 6 contracts

Samples: Deposit Agreement (Infosys Technologies LTD /Adr/), Deposit Agreement (Infosys Technologies LTD), Deposit Agreement (Infosys Technologies LTD)

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Transfer of Receipts. Subject to the terms and -------------------- conditions of this Deposit Agreement, the Depositary or the Registrar, if any, shall promptly register transfers of Receipts on its transfer books from time to time, time upon any surrender at its designated transfer offices of a Receipt by the Registered Holder Owner thereof in person or by a duly authorized attorney, properly endorsed or accompanied by a properly executed instrument of transfer, and duly stamped as may be required by the laws of the State of New York, of the United States of America and any other applicable law. Thereupon the Depositary shall execute and, if the Depositary's signature is by facsimile, the Registrar shall manually countersign a new Receipt or Receipts and deliver the same to or upon the order of the person entitled thereto evidencing the same aggregate number of American Depositary Shares as those evidenced by the Receipts surrendered. The Depositary, upon the written request of the Company, shall, or with the written approval not to be unreasonably withheld of the Company, may, appoint one or more co-transfer agents for the purpose of effecting transfers (or combinations and split-ups as under Section 2.05 hereof) of Receipts at designated transfer offices on behalf of the Depositary. In carrying out its functions, a co-transfer agent may require evidence of authority and compliance with applicable laws and other requirements by Registered HoldersOwners, Beneficial Owners or other persons entitled to Receipts and will be entitled to protection and indemnity to the same extent as the Depositary.

Appears in 2 contracts

Samples: Deposit Agreement (Absa Group /Fi), Deposit Agreement (Absa Group /Fi)

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Transfer of Receipts. Subject Combination and Split-up of ------------------------------------------------- Receipts. --------- The Depositary, subject to the terms and -------------------- conditions of this Deposit Agreement, the Depositary or the Registrar, if any, shall promptly register transfers of Receipts on its transfer books from time to time, upon any surrender at its designated transfer offices of a Receipt Receipt, by the Registered Holder thereof Owner in person or by a duly authorized attorney, properly endorsed or accompanied by a properly executed instrument proper instruments of transfer, and duly stamped as may be required by the laws of the State of New York, York and of the United States of America and any other applicable lawAmerica. Thereupon the Depositary shall execute and, if the Depositary's signature is by facsimile, the Registrar shall manually countersign a new Receipt or Receipts and deliver the same to or upon the order of the person entitled thereto thereto. The Depositary, subject to the terms and conditions of this Deposit Agreement, shall upon surrender of a Receipt or Receipts for the purpose of effecting a split-up or combination of such Receipt or Receipts, execute and deliver a new Receipt or Receipts for any authorized number of American Depositary Shares requested, evidencing the same aggregate number of American Depositary Shares as those evidenced by the Receipt or Receipts surrendered. The Depositary, upon the written request of the Company, shall, or with the written approval not to be unreasonably withheld of the Company, may, Depositary may appoint one or more co-transfer agents for the purpose of effecting transfers (or transfers, combinations and split-ups as under Section 2.05 hereof) of Receipts at designated transfer offices on behalf of the Depositary. In carrying out its functions, a co-transfer agent may require evidence of authority and compliance with applicable laws and other requirements by Registered Holders, Beneficial Owners or other persons entitled to Receipts and will be entitled to protection and indemnity to the same extent as the Depositary.

Appears in 1 contract

Samples: Deposit Agreement (Cambridge Antibody Technology Group PLC)

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