Compliance with Chilean Law. Pursuant to Circular Letter N° 1.375 of the SVS dated February 12, 1998, Holders are deemed, for certain purposes of Chilean law, to be treated as holders of Deposited Securities. Accordingly, Holders shall, as a matter of Chilean law, be obligated to comply with the requirements of Articles 12 and 54 and Title XV of Law 18,045 of Chile and SVS regulations. Article 12 requires, among other things, that Holders and Beneficial Owners who directly or indirectly own 10% or more of the total share capital of the Company (or who may attain such percentage ownership through an acquisition of shares), or the directors, liquidators, principal executives or managers of such Holders or Beneficial Owners, must report to the SVS and the stock exchanges in Chile on which the Shares are listed:
Compliance with Chilean Law. Pursuant to Circular Letters of the SVS, Owners are deemed, for certain purposes of Chilean law, to be treated as owners of Shares. Accordingly, Owners shall, as a matter of Chilean law, be obligated and by holding American Depositary Shares shall be deemed to agree to comply with the obligations that shareholders have in Chile including, without limitation, the requirements of Articles 12 and 54 and Title XV of Law 18,045 of Chile and the regulations issued by the SVS in connection therewith. Article 12 requires that, among other things, shareholders of a Chilean corporation report to the SVS and the stock exchanges in Chile on which those shares are listed:
Compliance with Chilean Law. It is hereby acknowledged that pursuant to a Circular Letter of the SVS dated June 28, 1990, as amended and restated on February 12, 1998 pursuant to Circular Letter of SVS 1,375, Holders are, as of the date hereof, deemed, for certain purposes of Chilean law, to be holders of Deposited Securities. Accordingly, it is hereby acknowledged that Holders are, as a matter of Chilean law as in effect on the date hereof, obligated to comply with the requirements of Articles 12 and 54 and Title XV of Law 18,045 of Chile. Article 12, as in effect at the date hereof, requires that, among other things, Holders report within five days after the consummation of a transaction resulting in (a) or (b) below to the SVS and the stock exchanges in Chile on which the Shares are listed:
Compliance with Chilean Law. Pursuant to a Circular Letter of the SVS dated February 12, 1998, Owners of American Depositary Shares are deemed, for certain purposes of Chilean law, to be treated as owners of Deposited Securities. Accordingly, Owners shall, as a matter of Chilean law, be obligated to comply with the requirements of Articles 12 and 54 and Title XV of Law 18,045 of Chile, as may be amended and/or supplemented from time to time. Article 12 requires, among other things, that:
Compliance with Chilean Law. Pursuant to a Circular Letter Number 1,375 of the former SVS (CMF) dated February 12, 1998, Holders are, as a matter of Chilean law, obligated to comply with the requirements of Article 12 of the Securities Market Law, which requires that, among other things, such Holders report to the CMF and the stock exchanges in Chile on which the Shares are listed:
Compliance with Chilean Law. Pursuant to a Circular Letter of the SVS dated June 28, 1990, Holders are deemed, for certain purposes of Chilean law, to be treated as holders of Deposited Securities. Accordingly, Holders shall, as a matter of Chilean law, be obligated to comply with the requirements of Article 12 which requires that, among other things, Holders report to the SVS and the stock exchanges in Chile on which the Shares are listed:
Compliance with Chilean Law. It is acknowledged in the Deposit Agreement that pursuant to a Circular Letter of the SVS dated June 28, 1990, as in effect as of the date of the Deposit Agreement, Holders are deemed, for certain purposes of Chilean law, to be holders of Deposited Securities. Accordingly, Holders are, as a matter of Chilean law, obligated to comply with the requirements of Articles 12 and 54 and Title XV of Law 18,045 of Chile. Article 12, as in effect on the date of the Deposit Agreement, requires that, among other things, Holders report within five days after the consummation of a transaction resulting in (a) or (b) below to the SVS and the stock exchanges in Chile on which the Shares are listed:
Compliance with Chilean Law. Pursuant to a Circular Letter of the SVS, Owners of Receipts are deemed, for certain purposes of Chilean law, to be treated as owners of Deposited Securities. Accordingly, Owners shall, as a matter of Chilean law, be obligated to comply with the requirements of Articles 12 and 54 and Title XV of Law 18,045 of Chile. Article 12 requires that, among other things, Owners report (within two Chilean stock exchange business days after the consummation of a transaction described in (i) or (ii) below) to the SVS and the stock exchanges in Chile on which the Shares are listed:
Compliance with Chilean Law. It is acknowledged in the Deposit Agreement that pursuant to a Circular Letter of the SVS dated June 28, 1990,252February 12, 1998, as modified by a Circular Letter of the SVS dated July 27, 1999,253 Owners are deemed, for certain purposes of Chilean law, to be treated as holders of Deposited Securities. Accordingly, Owners are, as a matter of Chilean law, obligated to comply with the requirements of Articles 12 and 54 and Title XV of Law 18,045 of Chile. Article 12, as in effect as of the date of the Deposit Agreement, requires that, among other things, Owners report within five254two business255 days after the consummation of a transaction resulting in (a) or (b) below to the SVS and the stock exchanges in Chile on which the Shares are listed:
Compliance with Chilean Law. Pursuant to Circular Letter Number 1,375 of the Superintendencia de Valores y Seguros (the Chilean Superintendency of Securities and Insurance, or “SVS”) dated 12 February 1998 (“CL 1,375”), Owners are deemed, for certain purposes of Chilean law, to be treated as owners of Shares. Accordingly, Owners shall, as a matter of Chilean law, be obligated and by holding American Depositary Shares shall be deemed to agree to comply with the obligations that shareholders have in Chile, including, without limitation, the requirements of Articles 12 and 54 and Title XV of the Ley No. 18,045 dx Xxxxxxx de Valores (the “Chilean Securities Market Act”) and the regulations issued by the SVS in connection therewith.
