Common use of ADR Amendments Clause in Contracts

ADR Amendments. (a) The first sentence of paragraph (1) of the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs issued and outstanding under the terms of the Deposit Agreement is hereby amended as of the Effective Date by deleting such sentence in its entirety and inserting the following in its stead: “This American Depositary Receipt is one of an issue (herein called the Receipts), all issued and to be issued upon the terms and conditions set forth in the Deposit Agreement, dated as of April 13, 2015, as amended by Amendment No. 1 to Deposit Agreement, dated as of July 31, 2018, as further amended by Amendment No. 2, dated as of May 19, 2020, and as further amended by Amendment No. 3, dated as of [·], 2022 (as so amended and as further amended and supplemented from time to time, the “Deposit Agreement”), by and among the Company, the Depositary and all Holders and Beneficial Owners from time to time of the Receipts issued thereunder, each of whom by accepting a Receipt becomes bound by all the terms and provisions thereof.”

Appears in 1 contract

Samples: Deposit Agreement (Citibank,N.A./ADR)

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ADR Amendments. (a) The first sentence of paragraph (1) 1 of the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs issued and outstanding under the terms of the Deposit Agreement is hereby amended as of the Effective Date by deleting such sentence in its entirety and inserting the following in its stead: “This American Depositary Receipt is one of an issue of American Depositary Receipts (herein called the Receipts), all issued and to be issued upon the terms and conditions set forth in the Deposit Agreement, dated as of April 13May 29, 20152002, as amended by Amendment No. 1 to Deposit Agreement, dated as of July 31February 15, 20182006, and as further amended by Amendment No. 2, dated as of May 19, 2020, and as further amended by Amendment No. 3, 2 to Deposit Agreement dated as of [·], 2022 2020 (as so amended and as further amended and supplemented from time to time, the “Deposit Agreement”), by and among the Company, the Depositary and all Holders and Beneficial Owners from time to time of the American Depositary Shares (“ADSs”) evidenced by Receipts issued thereunder, each of whom by accepting an ADS (or an interest therein) agrees to become a Receipt party thereto and becomes bound by all the terms and provisions thereof.”.

Appears in 1 contract

Samples: Deposit Agreement (Citibank,N.A./ADR)

ADR Amendments. (a) The first sentence of paragraph (1) of the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs issued and outstanding under the terms of the Deposit Agreement is hereby amended as of the Effective Date by deleting such sentence in its entirety and inserting the following in its stead: “This American Depositary Receipt is one of an issue of American Depositary Receipts (herein called the Receipts“ADRs”), all issued and to be issued upon the terms and conditions set forth in the Amended and Restated Deposit Agreement, dated as of April 13August 1, 20152014, as amended by Amendment No. 1 to Amended and Restated Deposit Agreement, dated as of July 311, 2018, as further amended by Amendment No. 2, dated as of May 19, 20202015, and as further amended by Amendment No. 32 to Amended and Restated Deposit Agreement, dated as of [·], 2022 2021 (as so amended and as further amended and supplemented from time to time, the “Deposit Agreement”), by and among the Company, the Depositary Depositary, and all Holders and Beneficial Owners from time to time of the Receipts ADSs issued thereunder, each of whom by accepting a Receipt becomes bound by all the terms and provisions thereof.”

Appears in 1 contract

Samples: Deposit Agreement (Citibank,N.A./ADR)

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ADR Amendments. (a) The first sentence of paragraph (1) 1 of the form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs issued and outstanding under the terms of the Deposit Agreement is hereby amended as of the Effective Date by deleting such sentence in its entirety and inserting the following in its stead: “This American Depositary Receipt is one of an issue of American Depositary Receipts (herein called the “ADRs” or “Receipts), all issued and to be issued upon the terms and conditions set forth in the Amended and Restated Deposit Agreement, dated as of April 13June 29, 20151998, as amended by Amendment No. 1 to Amended and Restated Deposit Agreement, dated as of July 31January 5, 20181999, as further amended by Amendment No. 2, 2 to Amended and Restated Deposit Agreement dated as of May 19December 21, 20202007, and as further amended by Amendment No. 3, 3 to Amended and Restated Deposit Agreement dated as of [·], 2022 _____________] (as so amended and as further amended and supplemented from time to time, the “Deposit Agreement”), by and among the Company, the Depositary and all Holders and Beneficial Owners from time to time of the Receipts issued thereunderADSs, each of whom by accepting a Receipt an ADS becomes bound by all the terms and provisions thereof.”

Appears in 1 contract

Samples: Deposit Agreement (Citibank,N.A./ADR)

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