Common use of Compliance with Chilean Law Clause in Contracts

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. Pursuant to Circular Letters of the SVS, Owners Holders are deemed, for certain purposes of Chilean law, to be treated as owners of Shares. Accordingly, Owners Holders shall, as a matter of Chilean law, be obligated and by holding American Depositary Shares ADSs 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. Pursuant to Circular Letters Letter Number 1,375 of the SVSSVS dated 12 February 1998, 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 thatrequires, among other things, shareholders that Owners and Beneficial Owners who directly or indirectly own 10% or more of a Chilean corporation 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 Owners or Beneficial Owners, must report to the SVS and the stock exchanges in Chile on which those shares the Shares are listed:

Compliance with Chilean Law. Pursuant to Circular Letters Letter Number 1,375 of the SVSSVS dated 12 February 1998 (the “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 Law 18,045 of Chile and the regulations issued by the SVS in connection therewith. Article 12 requires thatrequires, among other things, shareholders that Owners and Beneficial Owners who directly or indirectly own 10% or more of a Chilean corporation 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 Owners or Beneficial Owners, must report to the SVS and the stock exchanges in Chile on which those shares the Shares are listed: