Examples of ADS Deposit Agreement in a sentence
If the Scheme is not approved or the Share Proposal otherwise lapses, trading of the HTIL Shares on the Stock Exchange and trading of the HTIL ADSs on the NYSE will resume, the listing of the HTIL Shares on the Stock Exchange and the listing of the HTIL ADSs on the NYSE will not be withdrawn in connection with the Share Proposal and the HTIL ADS Deposit Agreement will not be terminated in connection with the Share Proposal.
In particular, the amendments to the Delivery Procedures will shorten the delivery period from the delivery notice to the final settlement day from 14 calendar days to 4 calendar days to reflect suggestions from market participants that the current period was unnecessarily long.
Unicom ADS Holders cannot attend or vote at the Meeting directly, but a registered Unicom ADS Holder as at the close of business on 14 August 2008 (New York time) may instruct the Unicom Depositary to vote the Unicom Shares underlying his/her/its Unicom ADSs in accordance with the terms of the Unicom ADS Deposit Agreement and the ADS Voting Instruction Card.
The US Depositary will effect the cancellation of WPP ADSs, including WPP ADSs evidenced by WPP ADRs, and the issuance of New WPP ADSs under the terms of a New WPP ADS Deposit Agreement, as promptly as practicable after the Effective Date.
The proceeds received by the HTIL ADS Depositary (as the holder of the HTIL Shares underlying the HTIL ADSs through its nominee HKSCC Nominees Limited) upon cancellation of the Scheme Shares underlying the HTIL ADSs will be converted into US dollars by the HTIL ADS Depositary in accordance with the HTIL ADS Deposit Agreement and distributed to the HTIL ADS Holders on or around Wednesday, 9 June 2010 (New York time).