Common use of DELIVERY OF INFORMATION TO THE CVM Clause in Contracts

DELIVERY OF INFORMATION TO THE CVM. Each of the Depositary and the Company hereby confirms to the other that for as long as this Deposit Agreement is in effect, it shall furnish the CVM and the Central Bank, at any time and within the period that may be determined, with any information and documents related to the American Depositary Share program and the American Depositary Shares issued hereunder. In the event that the Depositary or the Custodian is advised in writing by reputable independent Brazilian counsel that the Depositary or Custodian reasonably could be subject to criminal, or material, as reasonably determined by the Depositary, civil, liabilities as a result of the Company having failed to provide such information or documents reasonably available only through the Company, the Depositary shall have the right to terminate this Deposit Agreement, upon at least 15 days’ prior notice to the Owners and the Company, and the Depositary shall not be subject to any liability hereunder on account of that termination or that determination. The effect of any termination of this Deposit Agreement shall be as provided in Section 6.2.

Appears in 15 contracts

Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Vitru Brazil Ventures, Holdings & Trade Inc.), Deposit Agreement (Bank of New York / Adr Division)

AutoNDA by SimpleDocs

DELIVERY OF INFORMATION TO THE CVM. Each of the Depositary and the Company hereby confirms to the other that for as long as this the Deposit Agreement is in effect, it shall furnish the CVM and the Central Bank, at any time and within the period that may be determined, with any information and documents related to the American Global Depositary Share Receipt program and the American Depositary Shares Receipts issued hereunder. In the event that the Depositary or the Custodian is shall be advised in writing by reputable independent Brazilian counsel that the Depositary or Custodian reasonably could be subject to criminal, or material, as reasonably determined by the Depositary, civil, liabilities as a result of the Company having failed to provide such information or documents reasonably available only through the Company, the Depositary shall have the right to terminate this Deposit Agreement, upon at least 15 days’ prior notice to the Owners and the Company, and the Depositary shall not be subject to any liability hereunder on account of that such termination or that such determination. The effect of any such termination of this Deposit Agreement shall be as provided in Section 6.2.

Appears in 8 contracts

Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (MMX Mineracao E Metalicos S.A.)

DELIVERY OF INFORMATION TO THE CVM. Each of the Depositary and the Company hereby confirms to the other that for as long as this the Deposit Agreement is in effect, it shall furnish the CVM and the Central Bank, at any time and within the period that may be determined, with any information and documents related to the American Global Depositary Share Receipt program and the American Depositary Shares Receipts issued hereunderthereunder. In the event that the Depositary or the Custodian is shall be advised in writing by reputable independent Brazilian counsel that the Depositary or Custodian reasonably could be subject to criminal, or material, as reasonably determined by the Depositary, civil, liabilities as a result of the Company having failed to provide such information or documents reasonably available only through the Company, the Depositary shall have the right to terminate this the Deposit Agreement, upon at least 15 days’ prior notice to the Owners and the Company, and the Depositary shall not be subject to any liability hereunder on account of that such termination or that such determination. The effect of any such termination of this Deposit Agreement shall be as provided in Section 6.26.2 of the Deposit Agreement.

Appears in 8 contracts

Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (LLX Logistica S.A.)

DELIVERY OF INFORMATION TO THE CVM. Each of the Depositary and the Company hereby confirms to the other that for as long as this the Deposit Agreement is in effect, it shall furnish the CVM and the Central Bank, at any time and within the period that may be determined, with any information and documents related to the American Depositary Share program and the American Depositary Shares issued hereunderthereunder. In the event that the Depositary or the Custodian is advised in writing by reputable independent Brazilian counsel that the Depositary or Custodian reasonably could be subject to criminal, or material, as reasonably determined by the Depositary, civil, liabilities as a result of the Company having failed to provide such information or documents reasonably available only through the Company, the Depositary shall have the right to terminate this the Deposit Agreement, upon at least 15 days’ prior notice to the Owners and the Company, and the Depositary shall not be subject to any liability hereunder on account of that termination or that determination. The effect of any termination of this the Deposit Agreement shall be as provided in Section 6.26.2 of that Agreement.

Appears in 8 contracts

Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Vitru Brazil Ventures, Holdings & Trade Inc.), Deposit Agreement (Bank of New York / Adr Division)

DELIVERY OF INFORMATION TO THE CVM. Each of the Depositary and the Company hereby confirms to the other that for as long as this Deposit Agreement is in effect, it shall furnish the CVM and the Central Bank, at any time and within the period that may be determined, with any information and documents related to the American Depositary Share program and the American Depositary Shares issued hereunder. In the event that the Depositary or the Custodian is shall be advised in writing by reputable independent Brazilian counsel that the Depositary or Custodian reasonably could be subject to criminal, or material, as reasonably determined by the Depositary, civil, liabilities as a result of the Company having failed to provide such information or documents reasonably available only through the Company, the Depositary shall have the right to terminate this Deposit Agreement, upon at least 15 days’ prior notice to the Owners and the Company, and the Depositary shall not be subject to any liability hereunder on account of that such termination or that such determination. The effect of any such termination of this Deposit Agreement shall be as provided in Section 6.26.02.

Appears in 5 contracts

Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Bank of New York / Adr Division)

DELIVERY OF INFORMATION TO THE CVM. Each of the Depositary and the Company hereby confirms to the other that for as long as this the Deposit Agreement is in effect, it shall furnish the CVM and the Central Bank, at any time and within the period that may be determined, with any information and documents related to the American Depositary Share Receipt program and the American Depositary Shares Receipts issued hereunder. In the event that the Depositary or the Custodian is shall be advised in writing by reputable independent Brazilian counsel that the Depositary or Custodian reasonably could be subject to criminal, or material, as reasonably determined by the Depositary, civil, liabilities as a result of the Company having failed to provide such information or documents reasonably available only through the Company, the Depositary shall have the right to terminate this Deposit Agreement, upon at least 15 days’ prior notice to the Owners and the Company, and the Depositary shall not be subject to any liability hereunder on account of that such termination or that such determination. The effect of any such termination of this Deposit Agreement shall be as provided in Section 6.26.02.

Appears in 4 contracts

Samples: Deposit Agreement (Cesp Companhia Energetica De Sao Paulo /Fi), Deposit Agreement (CR2 Empreendimentos Imobili?rios S.A.), Deposit Agreement (Usinas Siderurgicas De Minas Gerais Sa Usiminas /Fi)

DELIVERY OF INFORMATION TO THE CVM. Each of the Depositary and the Company hereby confirms to the other that for as long as this the Deposit Agreement is in effect, it shall furnish the CVM and the Central Bank, at any time and within the period that may be determined, with any information and documents related to the American Depositary Share program and the American Depositary Shares issued hereunder. In the event that the Depositary or the Custodian is advised in writing by reputable independent Brazilian counsel that the Depositary or Custodian reasonably could be subject to criminal, or material, as reasonably determined by the Depositary, civil, liabilities as a result of the Company having failed to provide such information or documents reasonably available only through the Company, the Depositary shall have the right to terminate this the Deposit Agreement, upon at least 15 days’ prior notice to the Owners and the Company, and the Depositary shall not be subject to any liability hereunder on account of that termination or that determination. The effect of any termination of this the Deposit Agreement shall be as provided in Section 6.2. of that Agreement.

Appears in 4 contracts

Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Bank of New York / Adr Division)

DELIVERY OF INFORMATION TO THE CVM. Each of the Depositary and the Company hereby confirms to the other that for as long as this the Deposit Agreement is in effect, it shall furnish the CVM and the Central Bank, at any time and within the period that may be determined, with any information and documents related to the American Depositary Share program and the American Depositary Shares issued hereunder. In the event that the Depositary or the Custodian is advised in writing by reputable independent Brazilian counsel that the Depositary or Custodian reasonably could be subject to criminal, or material, as reasonably determined by the Depositary, civil, liabilities as a result of the Company having failed to provide such information or documents reasonably available only through the Company, the Depositary shall have the right to terminate this the Deposit Agreement, upon at least 15 30 days’ prior notice to the Owners and the Company, and the Depositary shall not be subject to any liability hereunder on account of that termination or that determination. The effect of any termination of this the Deposit Agreement shall be as provided in Section 6.2. of that Agreement.

Appears in 3 contracts

Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Bank of New York / Adr Division)

DELIVERY OF INFORMATION TO THE CVM. Each of the Depositary and the Company hereby confirms to the other that for as long as this Deposit Agreement is in effect, it shall furnish the CVM and the Central Bank, at any time and within the period that may be determined, with any information and documents related to the American Depositary Share program and the American Depositary Shares issued hereunder. In the event that the Depositary or the Custodian is advised in writing by reputable independent Brazilian counsel that the Depositary or Custodian reasonably could be subject to criminal, or material, as reasonably determined by the Depositary, civil, liabilities as a result of the Company having failed to provide such information or documents reasonably available only through the Company, the Depositary shall have the right to terminate this Deposit Agreement, upon at least 15 30 days’ prior notice to the Owners and the Company, and the Depositary shall not be subject to any liability hereunder on account of that termination or that determination. The effect of any termination of this Deposit Agreement shall be as provided in Section 6.2.

Appears in 3 contracts

Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Bank of New York / Adr Division)

DELIVERY OF INFORMATION TO THE CVM. Each of the Depositary and the Company hereby confirms to the other that for as long as this the Deposit Agreement is in effect, it shall furnish the CVM and the Central Bank, at any time and within the period that may be determined, with any information and documents related to the American Depositary Share program and the American Depositary Shares issued hereunder. In the event that the Depositary or the Custodian is advised in writing by reputable independent Brazilian counsel that the Depositary or Custodian reasonably could be subject to criminal, or material, as reasonably determined by the Depositary, civil, liabilities as a result of the Company having failed to provide such information or documents reasonably available only through the Company, the Depositary shall have the right to terminate this the Deposit Agreement, upon at least 15 days’ prior notice to the Owners and the Company, and the Depositary shall not be subject to any liability hereunder on account of that termination or that determination. The effect of any termination of this the Deposit Agreement shall be as provided in Section 6.26.2 of that Agreement.

Appears in 2 contracts

Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Bank of New York / Adr Division)

AutoNDA by SimpleDocs

DELIVERY OF INFORMATION TO THE CVM. Each of the Depositary and the Company hereby confirms to the other that for as long as this the Deposit Agreement is in effect, it shall furnish the CVM and the Central Bank, at any time and within the period that may be determined, with any information and documents related to the American Depositary Share Receipt program and the American Depositary Shares Receipts issued hereunder. In the event that the Depositary or the Custodian is shall be advised in writing by reputable independent Brazilian counsel that the Depositary or Custodian reasonably could be subject to criminal, or material, as reasonably determined by the Depositary, civil, liabilities as a result of the Company having failed to provide such information or documents reasonably available only through the Company, the Depositary shall have the right to terminate this Deposit Agreement, upon at least 15 days’ prior notice to the Owners and the Company, and the Depositary shall not be subject to any liability hereunder on account of that such termination or that such determination. The effect of any such termination of this Deposit Agreement shall be as provided in Section 6.2.

Appears in 2 contracts

Samples: Deposit Agreement (Brazil Realty Sa Empreendimentos E Participacoes/Adr/), Deposit Agreement (Brazil Realty Sa Empreendimentos E Participacoes/Adr/)

DELIVERY OF INFORMATION TO THE CVM. Each of the Depositary and the Company hereby confirms to the other that for as long as this the Deposit Agreement is in effect, it shall furnish the CVM and the Central Bank, at any time and within the period that may be determined, with any information and documents related to the American Global Depositary Share Receipt program and the American Depositary Shares Receipts issued hereunder. In the event that the Depositary or the Custodian is shall be advised in writing by reputable independent Brazilian counsel that the Depositary or Custodian reasonably could be subject to criminal, or material, as reasonably determined by the Depositary, civil, liabilities as a result of the Company having failed to provide such information or documents reasonably available only through the Company, the Depositary shall have the right to terminate this Deposit Agreement, upon at least 15 days’ prior notice to the Owners and the Company, and the Depositary shall not be subject to any liability hereunder on account of that such termination or that such determination. The effect of any such termination of this Deposit Agreement shall be as provided in Section 6.26.02.

Appears in 2 contracts

Samples: Deposit Agreement (Telemar Participacoes S.A.), Deposit Agreement (Telemar Participacoes S.A.)

DELIVERY OF INFORMATION TO THE CVM. Each of the Depositary and the Company hereby confirms to the other that for as long as this the Deposit Agreement is in effect, it shall furnish the CVM and the Central Bank, at any time and within the period that may be determined, with any information and documents related to the American Depositary Share Receipt program and the American Depositary Shares Receipts issued hereunder. In the event that the Depositary or the Custodian is shall be advised in writing by reputable independent Brazilian counsel that the Depositary or Custodian reasonably could be subject to criminal, or material, as reasonably determined by the Depositary, civil, liabilities as a result of the Company having failed to provide such information or documents reasonably available only through the Company, the Depositary shall have the right to terminate this Deposit Agreement, upon at least 15 days’ prior written notice to the Owners and the Company, and the Depositary shall not be subject to any liability hereunder on account of that such termination or that such determination. The effect of any such termination of this Deposit Agreement shall be as provided in Section 6.2.

Appears in 1 contract

Samples: Deposit Agreement (Cyrela Commercial Properties S.A.)

DELIVERY OF INFORMATION TO THE CVM. Each of the Depositary and the Company hereby confirms to the other that for as long as this the Deposit Agreement is in effect, it shall furnish the CVM and the Central Bank, at any time and within the period that may be determined, with any information and documents related to the American Depositary Share program and the American Depositary Shares Receipts issued hereunder. In the event that the Depositary or the Custodian is shall be advised in writing by reputable independent Brazilian counsel that the Depositary or the Custodian reasonably could be subject to criminal, or material, as reasonably determined by the Depositary, civil, liabilities as a result of the Company having failed to provide such information or documents reasonably available only through the Company, the Depositary shall have the right to terminate this Deposit Agreement, upon at least 15 days’ prior notice to the Owners and the Company, and the Depositary shall not be subject to any liability hereunder on account of that such termination or that such determination. The effect of any such termination of this Deposit Agreement shall be as provided in Section 6.26.02.

Appears in 1 contract

Samples: Deposit Agreement (Triunfo Holding & Investments)

DELIVERY OF INFORMATION TO THE CVM. Each of the Depositary and the Company hereby confirms to the other that for as long as this the Deposit Agreement is in effect, it shall furnish the CVM and the Central Bank, at any time and within the period that may be determined, with any information and documents related to the American Depositary Share Receipt program and the American Depositary Shares Receipts issued hereunder. In the event that the Depositary or the Custodian is shall be advised in writing by reputable independent Brazilian counsel that the Depositary or Custodian reasonably could be subject to criminal, or material, as reasonably determined by the Depositary, civil, liabilities as a result of the Company having failed to provide such information or documents reasonably available only through the Company, the Depositary shall have the right to terminate this Deposit Agreement, upon at least 15 30 days’ prior notice to the Owners and the Company, and the Depositary shall not be subject to any liability hereunder on account of that such termination or that such determination. The effect of any such termination of this Deposit Agreement shall be as provided in Section 6.26.02.

Appears in 1 contract

Samples: Deposit Agreement (Bank of New York / Adr Division)

DELIVERY OF INFORMATION TO THE CVM. Each of the Depositary and the Company hereby confirms to the other that for as long as this the Deposit Agreement is in effect, it shall furnish the CVM and the Central Bank, at any time and within the period that may be determined, with any information and documents related to the American Depositary Share program and the American Depositary Shares issued hereunder. In the event that the Depositary or the Custodian is advised in writing by reputable independent Brazilian counsel that the Depositary or Custodian reasonably could be subject to criminal, or material, as reasonably determined by the Depositary, civil, liabilities as a result of the Company having failed to provide such information or documents reasonably available only through the Company, the Depositary shall have the right to terminate this the Deposit Agreement, upon at least 15 days’ prior notice to the Owners and the Company, and the Depositary shall not be subject to any liability hereunder thereunder on account of that termination or that determination. The effect of any termination of this the Deposit Agreement shall be as provided in Section 6.2. of that Agreement.

Appears in 1 contract

Samples: Deposit Agreement (Bank of New York / Adr Division)

Time is Money Join Law Insider Premium to draft better contracts faster.