Examples of ADS Custodian in a sentence
The Company shall provide, free from preferential subscription rights, Ordinary Shares to provide for conversion of the Notes and the deposit of such Ordinary Shares with the ADS Custodian from time to time as such Notes are presented for conversion (assuming that at the time of computation of such number of shares, all such Notes would be converted by a single Holder).
The preemptive rights to subscribe for the New Common Shares, including the preemptive rights granted to the ADS Custodian, may be freely assigned to third parties or to another shareholder(s) pursuant to Article 171, paragraph 6 of Law No. 6,404/76.
The holders of Common Shares and Preferred Shares, including the ADS Custodian, who requested Excess Shares requested a total of 91,322,933 Excess Shares, a number less than the total of Excess Shares available.
Any Securities represented by existing ADSs to be sold by such Selling Securityholder pursuant to this Agreement have been placed into custody with the Depositary, as custodian (the “ADS Custodian,” and each of the Share Custodian and ADS Custodian being a “Custodian”), with irrevocable conditional instructions to deliver the ADRs evidencing ADSs issued against such deposit in accordance with this Agreement..
Each ADS represents the right to receive 10 Company Shares on deposit with the ADS Custodian Bank.