Combination & Split Up. The Registrar shall register the split-up or combination of Regulation S GDR Certificates (and of the Regulation S GDRs represented thereby) on the books maintained for such purpose and the Depositary shall cancel Regulation S GDR Certificates and execute new Regulation S GDR Certificates for the number of Regulation S GDRs requested, but in the aggregate not exceeding the number of Regulation S GDRs evidenced by the Regulation S GDR Certificates canceled by the Depositary, shall cause the Registrar to countersign such new Regulation S GDR Certificates, and shall Deliver such new Regulation S GDR Certificates to or upon the order of the person entitled thereto, if each of the following conditions has been satisfied: (i) the Regulation S GDR Certificates have been duly Delivered by the Holder (or by a duly-authorized attorney of the Holder) to the Depositary at the Principal New York Office or Principal London Office of the Depositary for the purpose of effecting a split-up or combination thereof, and (ii) all applicable fees and charges of, and expenses incurred by, the Depositary and all applicable taxes and governmental charges (as set forth in Section 5.5 hereof and Exhibit B hereto) have been paid, subject, however, in each case, to the terms and conditions of the applicable Regulation S GDR Certificates, of this Regulation S Deposit Agreement and of applicable law, in each case, as in effect at the time thereof.
Appears in 1 contract
Sources: Regulation S Deposit Agreement (Joint Stock Co Sitronics)
Combination & Split Up. The Registrar shall register the split-up or combination of Regulation S Rule 144A GDR Certificates (and of the Regulation S Rule 144A GDRs represented thereby) on the books maintained for such purpose and the Depositary shall cancel Regulation S Rule 144A GDR Certificates and execute new Regulation S Rule 144A GDR Certificates for the number of Regulation S Rule 144A GDRs requested, but in the aggregate not exceeding the number of Regulation S Rule 144A GDRs evidenced by the Regulation S Rule 144A GDR Certificates canceled by the Depositary, shall cause the Registrar to countersign such new Regulation S Rule 144A GDR Certificates, and shall Deliver such new Regulation S Rule 144A GDR Certificates to or upon the order of the person entitled thereto, if each of the following conditions has been satisfied: (i) the Regulation S Rule 144A GDR Certificates have been duly Delivered by the Holder (or by a duly-duly authorized attorney of the Holder) to the Depositary at the Principal New York Office or Principal London Office of the Depositary for the purpose of effecting a split-up or combination thereof, and (ii) all applicable fees and charges of, and expenses incurred by, the Depositary and all applicable taxes and governmental charges (as set forth in Section 5.5 hereof and Exhibit B hereto) have been paid, subject, however, in each case, to the terms and conditions of the applicable Regulation S Rule 144A GDR Certificates, of this Regulation S Rule 144A Deposit Agreement and of applicable law, in each case, as in effect at the time thereof.
Appears in 1 contract
Sources: Regulation S Deposit Agreement (Joint Stock Co Sitronics)
Combination & Split Up. The Registrar shall register the split-up or combination of this Regulation S GDR Certificates Certificate (and of the Regulation S GDRs represented therebyevidenced hereby) on the books maintained for such purpose and the Depositary shall cancel this Regulation S GDR Certificates Certificate and execute new Regulation S GDR Certificates for the number of Regulation S GDRs requested, but in the aggregate not exceeding the number of Regulation S GDRs evidenced by the this Regulation S GDR Certificates Certificate canceled by the Depositary, shall cause the Registrar to countersign such new Regulation S GDR Certificates, and shall Deliver such new Regulation S GDR Certificates to or upon the order of the person entitled thereto, if each of the following conditions has been satisfied: (i) the this Regulation S GDR Certificates have Certificate has been duly Delivered by the Holder (or by a duly-duly- authorized attorney of the Holder) to the Depositary at the Principal New York Office or Principal London Office of the Depositary for the purpose of effecting a split-up or combination thereof, and (ii) all applicable fees and charges of, and expenses incurred by, the Depositary and all applicable taxes and governmental charges (as set forth in Section 5.5 hereof and Exhibit B heretoparagraph (8) of this Regulation S GDR Certificate) have been paid, subject, however, in each case, to the terms and conditions of the applicable Regulation S GDR Certificates, of this the Regulation S Deposit Agreement and of applicable law, in each case, as in effect at the time thereof.
Appears in 1 contract
Sources: Regulation S Deposit Agreement (Joint Stock Co Sitronics)
Combination & Split Up. The Registrar shall register the split-up or combination of Regulation S this Rule 144A GDR Certificates Certificate (and of the Regulation S Rule 144A GDRs represented therebyevidenced hereby) on the books maintained for such purpose and the Depositary shall cancel Regulation S this Rule 144A GDR Certificates Certificate and execute new Regulation S Rule 144A GDR Certificates for the number of Regulation S Rule 144A GDRs requested, but in the aggregate not exceeding the number of Regulation S Rule 144A GDRs evidenced by the Regulation S this Rule 144A GDR Certificates Certificate canceled by the Depositary, shall cause the Registrar to countersign such new Regulation S Rule 144A GDR Certificates, and shall Deliver such new Regulation S Rule 144A GDR Certificates to or upon the order of the person entitled thereto, if each of the following conditions has been satisfied: (i) the Regulation S this Rule 144A GDR Certificates have Certificate has been duly Delivered by the Holder (or by a duly-duly authorized attorney of the Holder) to the Depositary at the Principal New York Office or Principal London Office of the Depositary for the purpose of effecting a split-up or combination thereof, and (ii) all applicable fees and charges of, and expenses incurred by, the Depositary and all applicable taxes and governmental charges (as set forth in Section 5.5 hereof and Exhibit B heretoparagraph (8) of this Rule 144A GDR Certificate) have been paid, subject, however, in each case, to the terms and conditions of the applicable Regulation S Rule 144A GDR Certificates, of this Regulation S the Rule 144A Deposit Agreement and of applicable law, in each case, as in effect at the time thereof.
Appears in 1 contract
Sources: Regulation S Deposit Agreement (Joint Stock Co Sitronics)