Examples of Master GDR in a sentence
For as long as this Master GDR is registered in the name of DTC or its nominee, notices to Holders may be given by the Depositary by delivery of the relevant notice to DTC, for communication to Holders in substitution for publications required by Condition 22.
The GDRs will upon issue be represented by interests in a Master GDR, evidencing GDRs (as each such term is defined in the Deposit Agreement).
Upon becoming fungible with outstanding GDRs, such further GDRs shall be evidenced by a Master GDR (by increasing the total number of GDRs evidenced by the Master GDR by the number of such further GDRs, as applicable).
Any temporary Master GDR shall bear a CUSIP number that is different from any CUSIP number that is or may be assigned to any other depositary receipt facility relating to the Shares.
Any further GDRs issued pursuant to Condition 1.4 which (i) represent Shares which have rights (whether dividend rights or otherwise) which are different from the rights attaching to the Shares represented by the outstanding GDRs, or (ii) are otherwise not fungible (or are to be treated as not fungible) with the outstanding GDRs, will be represented by a GDR certificate in definitive registered form or a separate temporary Master GDR.
The Depositary will receive requests for the transfer of GDRs (other than GDRs represented by a Master GDR), and will, against payment of all applicable fees and charges, effect the necessary entries and issue new certificates in definitive registered form on surrender of certificates in respect of the GDRs being transferred and upon receipt of such forms of transfer and such other documents as may reasonably be required, duly executed, as it shall from time to time provide to the Holders.
The GDRs are exchangeable in the circumstances set out in the Master GDR for a certificate in definitive registered form in respect of GDRs representing all or part of the interest of the holder in the Master GDR.
The GDRs will initially be represented by a single Master GDR in registered form, in the form set out in Schedule 2, which will be printed or typewritten and signed manually by an Authorised Signatory.