Common use of Acceptance of Subscriptions Clause in Contracts

Acceptance of Subscriptions. a. The Company hereby authorizes and directs the Agent to accept subscriptions for New ADSs on behalf of the Company upon the proper completion and execution of an ADS Rights Certificate, surrender of the applicable ADS Rights Certificate and delivery of the U.S. Dollar Payment for the New ADSs, in accordance with the terms thereof and hereof. The Company further authorizes the Agent to refuse to accept, in its reasonable discretion, any improperly completed or unexecuted ADS Rights Certificate.

Appears in 1 contract

Samples: Rights Agency Agreement (Edp Energias De Portugal Sa)

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Acceptance of Subscriptions. a. The Company hereby authorizes and directs the Agent to accept subscriptions for New ADSs on behalf of the Company upon the proper completion and execution of an ADS Rights Certificate, surrender of the applicable ADS Rights Certificate and delivery of the U.S. Dollar Payment in respect of the ADS Subscription Price for the New ADSs, in accordance with the terms thereof and hereof. The Company further authorizes the Agent to refuse to accept, in its reasonable discretion, any improperly completed or unexecuted ADS Rights Certificate.

Appears in 1 contract

Samples: Rights Agency Agreement (Chartered Semiconductor Manufacturing LTD)

Acceptance of Subscriptions. a. The Company hereby authorizes and directs the Agent to accept subscriptions for New ADSs on behalf of the Company upon the proper completion and execution of an ADS Rights Certificate, surrender of the applicable ADS Rights Certificate and delivery of the U.S. Dollar Payment ADS Subscription Deposit Price for the New ADSs, in accordance with the terms thereof and hereof. The Company further authorizes the Agent to refuse to accept, in its reasonable discretion, any improperly completed or unexecuted ADS Rights Certificate.

Appears in 1 contract

Samples: Rights Agency Agreement (KB Financial Group Inc.)

Acceptance of Subscriptions. a. The Company hereby authorizes and directs the ADS Rights Agent to accept subscriptions for New ADSs on behalf of the Company upon the proper completion and execution of an the applicable ADS Rights Certificate, surrender of the applicable ADS Rights Certificate and delivery of the U.S. Dollar Payment applicable ADS Subscription Price for the each New ADSsADS, in accordance with the terms thereof and hereof. The Company further authorizes the ADS Rights Agent to refuse to accept, in its reasonable discretion, any improperly completed or unexecuted ADS Rights CertificateCertificates.

Appears in 1 contract

Samples: Rights Agency Agreement (Enel Americas S.A.)

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Acceptance of Subscriptions. a. (a) The Company hereby authorizes and directs the ADS Rights Agent to accept subscriptions for New ADSs on behalf of the Company upon payment of the proper completion Subscription Price and execution the exercise of an ADS Rights Certificate, surrender of the applicable ADS Rights Certificate and delivery of the U.S. Dollar Payment for the New ADSs, Certificates in accordance with the terms thereof and hereof. The Company further authorizes the ADS Rights Agent to refuse to accept, in its reasonable discretion, any improperly completed or unexecuted ADS Rights Certificate.. Notwithstanding the foregoing, without further authorization from the Company, the ADS Rights Agent shall accept, on or before the Expiration Date, except where otherwise specified, any of the following:

Appears in 1 contract

Samples: Rights Agent Agreement (Infineon Technologies Ag)

Acceptance of Subscriptions. a. (a) The Company hereby authorizes and directs the ADR Rights Agent to accept subscriptions for New ADSs on behalf of the Company upon the proper completion and execution of an ADS Rights Certificate, surrender payment of the applicable ADS Subscription Price and the exercise of ADR Rights Certificate and delivery of the U.S. Dollar Payment for the New ADSs, Certificates in accordance with the terms thereof and hereof. The Company further authorizes the ADR Rights Agent to refuse to accept, in its reasonable discretion, any improperly completed or unexecuted ADS ADR Rights Certificate.. Notwithstanding the foregoing, without further authorization from the Company, the ADR Rights Agent shall accept, on or before the Expiration Date, except where otherwise specified, any of the following:

Appears in 1 contract

Samples: Supplemental Agreement (Distribution & Service D&s Sa)

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