Examples of GDR Holder in a sentence
If a GDR Holder accepts the Tender Offer prior to the first Settlement Date but the evidence as to tax residence, original purchase price and incorporation or citizenship is not received or outstanding queries are not resolved by the first Settlement Date, that GDR Holder’s proceeds of the Tender Offer may be subject to a higher Withheld Amount than would otherwise be the case.
A GDR Holder who tenders GDRs in the KASE Tender Offer will irrevocably undertake in the KASE Tender Form not to withdraw their tender.
Each GDR Holder at the time when such amendments become effective shall be deemed, by continuing to hold a GDR, to approve, and to be bound by the terms of, such amendments.
Such amendments will not impair the right of any GDR Holder at any time to receive, subject to and upon compliance with condition 1 of the Amended Deposit Agreement, the Deposited Property attributable to the relevant GDR.
During such period of three months, each GDR Holder is entitled to obtain, subject to and upon compliance with condition 1 of the Amended Deposit Agreement, delivery of the Deposited Property attributable to each GDR held by it upon surrender of the relevant GDR, payment of the charge for such delivery and surrender specified in, and otherwise in accordance with, the Amended Deposit Agreement.
This certificate must be given in respect of the same calendar year as the GDR Holder tenders its GDRs pursuant to the OTC Tender Offer.
The failure by a Qualifying GDR Holder to comply with the procedures described above will result in an invalid tender of GDRs and, accordingly, such GDR Holder’s tendered GDRs will not be accepted for purchase and will not be purchased.
GDR Holders must provide the OTC Tax Declaration Form as a cover document to any evidence provided pursuant to paragraph 3.3 of Part V of this document, to enable the Company and the Tender Agent to process the other evidence provided, and to ensure the Company is able to contact the GDR Holder to remedy any defects in the required evidence.
A Shareholder or GDR Holder will have 30 calendar days from the date of the relevant triggering event to exercise the Put Option Right.
KMG EP will promptly notify a GDR Holder if the documents supplied are not deemed by it to be of a suitable quality or do not meet the above requirements with a view to the GDR Holder supplying any such further evidence as may be requested by KMG EP to remedy any defects in the required evidence.