Common use of VOTING RIGHTS OF HOLDERS Clause in Contracts

VOTING RIGHTS OF HOLDERS. In accordance with Section 5 of the GDRs, the Depositary is seeking voting instructions from the Holders in order to exercise or cause to be exercised the voting rights in respect of the Deposited Shares as directed by such voting instructions to the extent permitted by Lebanese Law. Common Shares which have been withdrawn from the deposit facility under the Deposit Agreement and transferred on the Bank’s register of members to a person other than the Depositary or its nominee may be voted by the registered owner thereof; however, Holders may not receive sufficient advance notice of the General Meeting to enable them to withdraw Deposited Shares and vote at the General Meeting.

Appears in 2 contracts

Samples: Deposit Agreement, Deposit Agreement

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VOTING RIGHTS OF HOLDERS. In accordance with Section 5 Condition 12 of the GDRs, the Depositary is seeking voting instructions from the Holders in order to exercise or cause to be exercised the voting rights in respect of the Deposited Shares as directed by such voting instructions to the extent permitted by Lebanese Law. Common Shares which have been withdrawn from the deposit facility under the Deposit Agreement and transferred on the Bank’s register of members to a person other than the Depositary or its nominee may be voted by the registered owner thereof; however, Holders may not receive sufficient advance notice of the General Meeting to enable them to withdraw Deposited Shares and vote at the General Meeting.

Appears in 2 contracts

Samples: Deposit Agreement, Deposit Agreement

VOTING RIGHTS OF HOLDERS. In accordance with Section 5 Condition 12 of the GDRs, the Depositary is seeking voting instructions from the Holders in order to exercise or cause to be exercised the voting rights in respect of the Deposited Shares as directed by such voting instructions to the extent permitted by Lebanese Lawlaw. Common Shares Shares, which have been withdrawn from the deposit facility under the Deposit Agreement and transferred on the Bank’s 's register of members to a person other than the Depositary or its nominee may be voted by the registered owner thereof; however, Holders may not receive sufficient advance notice of the General Meeting to enable them to withdraw Deposited Shares and vote at the General Meeting.. SUMMARY BACKGROUND INFORMATION‌

Appears in 1 contract

Samples: Deposit Agreement

VOTING RIGHTS OF HOLDERS. In accordance with Section 5 Condition 12 of the GDRs, the Depositary is seeking voting instructions from the Holders in order to exercise or cause to be exercised the voting rights in respect of the Deposited Shares as directed by such voting instructions to the extent permitted by Lebanese Law. Common Shares which have been withdrawn from the deposit facility under the Deposit Agreement Facility and transferred on the Bank’s register of members to a person other than the Depositary or its nominee may be voted by the registered owner thereof; however. However, Holders may not receive sufficient advance notice of the General Meeting to enable them to withdraw Deposited Shares and vote at the General Meeting.

Appears in 1 contract

Samples: Deposit Agreement

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VOTING RIGHTS OF HOLDERS. In accordance with Section 5 Condition 12 of the Deposit Agreement relating to the GDRs, the Depositary is seeking voting instructions from the Holders in order to exercise or cause to be exercised the voting rights in respect of the Deposited Shares as directed by such voting instructions to the extent permitted by Lebanese Law. Common Shares which have been withdrawn from the deposit depositary facility under the Deposit Agreement and transferred on the Bank’s register of members to a person other than the Depositary or its nominee may be voted by the registered owner thereof; however. However, Holders may not receive sufficient advance notice of the General Meeting Assembly to enable them to withdraw Deposited Shares and vote at the General MeetingAssembly.

Appears in 1 contract

Samples: Deposit Agreement

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