Common use of Validity of ADRs Clause in Contracts

Validity of ADRs. Upon the due issuance by the Depositary of ADRs evidencing the ADSs against the deposit of the Ordinary Shares in accordance with the provisions of the Deposit Agreement, such ADRs will be duly and validly issued under the Deposit Agreement and persons in whose names such ADRs are registered will be entitled to the rights of registered holders of ADRs evidencing the ADSs specified therein and in the Deposit Agreement.

Appears in 10 contracts

Samples: Underwriting Agreement (Gushan Environmental Energy LTD), Underwriting Agreement (Trina Solar LTD), Underwriting Agreement (Trina Solar LTD)

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Validity of ADRs. Upon the due issuance by the Depositary of ADRs evidencing the ADSs against the deposit of the Ordinary Shares in accordance with the provisions of the Deposit Agreement, such ADRs will be duly and validly issued under the Deposit Agreement and persons in whose names such ADRs are registered will be entitled to the rights of registered holders of ADRs evidencing the ADSs specified therein and in the Deposit Agreement.

Appears in 3 contracts

Samples: Underwriting Agreement (Trina Solar LTD), Underwriting Agreement (Trina Solar LTD), Underwriting Agreement (Trina Solar LTD)

Validity of ADRs. Upon the due issuance by the Depositary of ADRs evidencing the ADSs against the deposit of the Ordinary Common Shares in accordance with the provisions of the Deposit Agreement, such ADRs evidencing the ADSs will be duly and validly issued under the Deposit Agreement and persons in whose names such ADRs evidencing the ADSs are registered will be entitled to the rights of registered holders of ADRs evidencing the ADSs specified therein and in the Deposit Agreement.

Appears in 3 contracts

Samples: Underwriting Agreement, Underwriting Agreement (United Breweries Co Inc), Underwriting Agreement (Cencosud S.A.)

Validity of ADRs. Upon the due issuance by the Depositary of ADRs evidencing the ADSs against the deposit of the Ordinary Shares shares of common stock of MUFG in accordance with the provisions of the Deposit Agreement, such ADRs evidencing ADSs will be duly and validly issued under the Deposit Agreement and persons in whose names such ADRs evidencing ADSs are registered will be entitled to the rights of registered holders of ADRs evidencing the ADSs specified therein and in the Deposit Agreement.

Appears in 2 contracts

Samples: Underwriting Agreement, u.s. Underwriting Agreement (Mitsubishi Ufj Financial Group Inc)

Validity of ADRs. Upon the due issuance by the Depositary of ADRs evidencing ADSs being delivered at the ADSs Time of Delivery against the deposit of the Ordinary Common Shares in accordance with the provisions of the Deposit Agreement, such ADRs evidencing ADSs will be duly and validly issued under the Deposit Agreement and persons in whose names such ADRs evidencing ADSs are registered will be entitled to the rights of registered holders of ADRs evidencing the ADSs specified therein and in the Deposit Agreement.

Appears in 2 contracts

Samples: Underwriting Agreement (Corpbanca/Fi), Underwriting Agreement (Corpbanca/Fi)

Validity of ADRs. Upon the due issuance by the Depositary of ADRs evidencing the ADSs against the deposit of the Ordinary Shares in accordance with the provisions of the Deposit Agreement, such ADRs evidencing ADSs will be duly and validly issued under the Deposit Agreement and persons in whose names such ADRs evidencing ADSs are registered will be entitled to the rights of registered holders of ADRs evidencing the ADSs specified therein and in the Deposit Agreement.

Appears in 1 contract

Samples: International Underwriting Agreement (Toyota Motor Corp/)

Validity of ADRs. Upon the due issuance by the Depositary of the ADRs evidencing the ADSs against the deposit of the Ordinary underlying Equity Shares in accordance with the provisions of the Deposit Agreement, such ADRs will be duly and validly issued under and will entitle the Deposit Agreement and persons in whose names such ADRs are registered will be entitled holders thereof to the rights of registered holders of specified in the ADRs evidencing the ADSs specified therein and in the Deposit Agreement.

Appears in 1 contract

Samples: Underwriting Agreement (Satyam Computer Services LTD)

Validity of ADRs. Upon the due issuance by the Depositary of ADRs evidencing the ADSs against the deposit of the Ordinary Common Shares in accordance with the provisions of the Deposit Agreement, such ADRs evidencing ADSs will be duly and validly issued under the Deposit Agreement and persons in whose names such ADRs evidencing ADSs are registered will be entitled to the rights of registered holders of ADRs evidencing the ADSs specified therein and in the Deposit Agreement.

Appears in 1 contract

Samples: Purchase Agreement (Valley of the Rio Doce Co)

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Validity of ADRs. Upon the due issuance by the Depositary of ADRs evidencing the ADSs against the deposit of the Ordinary Common Shares in accordance with the provisions of the Deposit Agreement, such ADRs evidencing the ADSs will be duly and validly issued under the Deposit Agreement and persons in whose names such ADRs are evidencing the ADSs will be registered will be entitled to the rights of registered holders of ADRs evidencing the ADSs specified therein and in the Deposit Agreement.

Appears in 1 contract

Samples: Underwriting Agreement (Cencosud S.A.)

Validity of ADRs. Upon the due and authorized issuance by the Depositary of ADRs evidencing the ADSs against the deposit of the Ordinary Underlying Shares in accordance with the provisions of the Deposit Agreement, such ADRs will be duly and validly issued under the Deposit Agreement and persons in whose names such ADRs are registered will be entitled to the rights of registered holders of ADRs evidencing the ADSs specified therein and in the Deposit Agreement. The ADRs conform in all material respects to the description thereof contained in the Registration Statement and the Prospectus.

Appears in 1 contract

Samples: International Purchase Agreement (CPFL Energy INC)

Validity of ADRs. Upon the due issuance by the Depositary of ADRs evidencing the ADSs against the deposit of the Ordinary Underlying Shares in accordance with the provisions of the Deposit Agreement, such ADRs evidencing the ADSs will be duly and validly issued under the Deposit Agreement and persons in whose names such ADRs evidencing the ADSs are registered will be entitled to the rights of registered holders of ADRs evidencing the ADSs specified therein and in the Deposit Agreement.

Appears in 1 contract

Samples: Underwriting Agreement (Avianca Holdings S.A.)

Validity of ADRs. Upon the due issuance by the Depositary of ADRs evidencing the ADSs against the deposit of the Ordinary Common Shares in accordance with the provisions of the Deposit Agreement, such ADRs will be duly and validly issued under the Deposit Agreement and persons in whose names such ADRs are registered will be entitled to the rights of registered holders of ADRs evidencing the ADSs specified therein and in the Deposit Agreement.

Appears in 1 contract

Samples: Underwriting Agreement (ATA Inc.)

Validity of ADRs. Upon the due issuance by the Depositary of ADRs evidencing the ADSs against the deposit of the Ordinary Common Shares in accordance with the provisions of the Deposit Agreement, such ADRs evidencing ADSs will be duly and validly issued under the Deposit Agreement and persons in whose names such ADRs evidencing ADSs are registered will be entitled to the rights of registered holders of ADRs evidencing the ADSs specified therein and in the Deposit Agreement.

Appears in 1 contract

Samples: Underwriting Agreement (Lan Airlines SA)

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