Depositary Shares definition

Depositary Shares means the depositary shares, each representing 1/40th of a share of the Stock and evidenced by a Receipt.

Depositary Shares means the depositary shares, each representing a one-fortieth (1/40th) interest in one share of the Series E Preferred Stock, and evidenced by a Receipt.

Depositary Shares means Depositary Shares, each representing 1/1,000 of a share of Stock and evidenced by a Receipt.

Examples of Depositary Shares in a sentence

• Voting instructions may be given only in respect of a number of American Depositary Shares representing an integral number of Deposited Securities.

• Holders and Beneficial Owners agree that the provisions of this paragraph shall survive such Holders’ and Beneficial Owners’ ownership of American Depositary Shares or interests therein.

• The Company agrees not to prevent, hinder or unreasonably delay any lawful delivery or registration of transfer of Deposited Securities upon surrender of American Depositary Shares for the purpose of withdrawal.

• Profile is a required feature of DRS that allows a DTC participant, claiming to act on behalf of an Owner of American Depositary Shares, to direct the Depositary to register a transfer of those American Depositary Shares to DTC or its nominee and to deliver those American Depositary Shares to the DTC account of that DTC participant without receipt by the Depositary of prior authorization from the Owner to register that transfer.

• Upon the effectiveness of an amendment to the form of Receipt, including a change in the number of Shares represented by each American Depositary Share, the Depositary may call for surrender of Receipts to be replaced with new Receipts in the amended form or call for surrender of American Depositary Shares to effect that change of ratio.

More Definitions of Depositary Shares

Depositary Shares means depositary shares, each representing [specify fraction] interest in a Share and evidenced by a Receipt.

Depositary Shares means the Depositary shares representing the Company's preferred stock convertible into Stock.

Depositary Shares means the depositary shares, each representing a 1/1,000th interest in one share of the Preferred Stock, evidenced by a Receipt.

Depositary Shares means the depositary shares, each representing 1/40th of one share of the Series B Preferred Stock, and the same proportionate interest in any and all other property received by the Depositary in respect of such share of Series B Preferred Stock and held under this Deposit Agreement, all as evidenced by the Receipts issued hereunder. Subject to the terms of this Deposit Agreement, each owner of a Depositary Share is entitled, proportionately, to all the rights, preferences and privileges of the Series B Preferred Stock represented by such Depositary Share (including the dividend, voting, redemption and liquidation rights contained in the Certificate of Designations).

Depositary Shares means the Shares held by a Depositary or in which a Depositary is interested in its capacity as a Depositary;

Depositary Shares means the depositary shares, each representing one one-thousandth of a share of the Stock and evidenced by a Receipt. “Depository’s Agent” shall mean an agent appointed by the Depository pursuant to Section 5.1.

Depositary Shares means the depositary shares, each representing 1/40th of one share of the Series A Preferred Stock, evidenced by a Receipt.