Examples of Restricted ADR in a sentence
In the event that only a portion of the Restricted ADSs represented by Restricted ADRs have been transferred by the Holder, the Restricted ADR Depositary shall issue a Restricted ADR that includes a customary legend with respect to the Restricted ADSs that continue to be held by such holder.
Upon the termination of Bank of New York as Depositary or Restricted ADR Depositary, the Company shall promptly appoint a successor Depositary or Restricted ADR Depositary, as the case may be, and all references herein to Depositary or Restricted ADR Depositary, as the case may be, shall thereafter refer to such successor Depositary or Restricted ADR Depositary, as the case may be.
If to the Depositary; (A) (in the case of any Deposit Certification and Delivery Instruction, MES Restricted ADR Transfer Certification or MES Restricted ADS Withdrawal Certification) Citibank, N.A., 000 Xxxxxxxxxx Xxxxxxxxx, Xxxxxx City.
Restricted ADR issues are sometimes issued by companies that seek to gain some visibility and perhaps experience in the United States capital markets before making an unrestricted issue.Unrestricted ADRs (URADRs) are issued to and traded by the general investing public in United States capital markets.
Unless a Holder requests physical delivery of certificates representing Restricted ADSs hereunder, certificates representing Restricted ADSs shall be transmitted by the Transfer Agent to the Holder by crediting the segregated sub-account opened in the name of the Holder with the Restricted ADR Depositary.
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Any reasonable fees (with respect to the Restricted ADR Depositary, the Depositary or otherwise) associated with the removal of such legend shall be borne by the Company.
This appears to remove the engagement between the Affiliate Restricted ADR and the ACCC, which we consider should be maintained for the purposes of the ACCC “knowing” who is being accredited (even at a restricted level).
Finally, an exchange listed ADR becomes subject to civil liability9 under sect ion 18 of the 1934 Securities & Exchange Act (Leuz, 2003) A Rule 144A depositary receipt program, established by the SEC in 1990 (also known as a Restricted ADR (RADR)) facilitates access to US and non-US markets through a private placement of sponsored depositary receipts to Quali¯ed Institutional Buyers (QIBs).
It also needs to be clear whether it is the Data Enclave Restricted ADR or the Unrestricted ADR who is interacting directly with the customer; and which party is ultimately responsible for handling the data throughout the data life cycle - from when the data is first obtained to when it becomes redundant.