Common use of Allotment and Payment Clause in Contracts

Allotment and Payment. 5.1 On or before the Business Day immediately preceding the respective Closing Date, the Accountholding Bank shall, on behalf of the Underwriters and to the extent necessary, give instructions to Clearstream Banking AG, Frankfurt am Main (“Clearstream”), as to the number of New Shares to be credited at the respective Closing Date to the accounts of investors or their depository bank at Clearstream, together with the details of such accounts. In the United States, the New Shares shall be credited by the Bank of New York Mellon acting as subscription agent for Deutsche Bank to Cede & Co. and other U.S. shareholders.

Appears in 2 contracts

Samples: www.sec.gov, Accession and Amendment Agreement (Deutsche Bank Aktiengesellschaft)

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Allotment and Payment. 5.1 (1) On or before the Business Day immediately preceding the respective Closing Date, the Accountholding Bank shall, on behalf of the Underwriters and to the extent necessary, give instructions to Clearstream Banking AG, Frankfurt am Main Eschborn (“Clearstream”), as to the number of New Shares to be credited at the respective Closing Date to the accounts of investors or their depository bank at Clearstream, together with the details of such accounts. In the United States, the New Shares shall be credited by the Bank of New York Mellon Computershare Trust Company, N.A. acting as subscription agent for Deutsche Bank to Cede & Co. and other U.S. shareholders.

Appears in 2 contracts

Samples: Accession Agreement (Deutsche Bank Aktiengesellschaft), Contribution Agreement (Deutsche Bank Aktiengesellschaft)

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