Common use of VALIDITY OF RECEIPT Clause in Contracts

VALIDITY OF RECEIPT. This Receipt (and the American Depositary Shares ------------------- represented hereby) shall not be entitled to any benefits under the Deposit Agreement or be valid or enforceable for any purpose against the Depositary or the Company unless this Receipt has been (i) dated, (ii) signed by the manual or facsimile signature of a duly authorized signatory of the Depositary, (iii) countersigned by the manual or facsimile signature of a duly authorized signatory of the Registrar, and (iv) registered by the Registrar in the books maintained by the Registrar for the purpose of registration of the issuance and transfer of Receipts.

VALIDITY OF RECEIPT. This Receipt (and the American Global Depositary Shares ------------------- represented hereby) shall not be entitled to any benefits under the Deposit Agreement or be valid or enforceable for any purpose against the Depositary or the Company unless this Receipt has been (i) dated, (ii) signed by the manual or facsimile signature of a duly authorized signatory of the Depositary, (iii) countersigned by the manual or facsimile signature of a duly authorized signatory of the Registrar, and (iv) registered by the Registrar in the books maintained by the Registrar for the purpose of registration of the issuance and transfer of Receipts.