Common use of Form and Transferability of Receipts Clause in Contracts

Form and Transferability of Receipts. (a) The ------------------------------------ certificates evidencing Receipts shall be substantially in the form set forth in Exhibit B annexed to these Standard Terms, with appropriate insertions, modifications and omissions, as hereinafter provided or as may be provided in the Depositary Trust Agreement. The Issuance Denominations of a certificate shall be any integral multiple of a Round Lot of Receipts, subject to increase or decrease as provided in Sections 4.3 and 4.8. No Receipt shall be entitled to any benefits under the Depositary Trust Agreement or be valid or obligatory for any purpose unless a certificate evidencing such Receipt shall have been executed by the Trustee by the manual or facsimile signature of a duly authorized signatory of the Trustee and, if a Registrar (other than the Trustee) for the Receipts shall have been appointed, countersigned by the manual or facsimile signature of a duly authorized officer of the Registrar. The Trustee shall maintain books on which the registered ownership of each Receipt and transfers, if any, of such registered ownership shall be recorded. Certificates evidencing Receipts bearing the manual or facsimile signature of a duly authorized signatory of the Trustee and Registrar, if applicable, who was at the time such certificates were executed a proper signatory of the Trustee or Registrar, if applicable, shall bind the Trustee, notwithstanding that such signatory has ceased to hold such office prior to the delivery of such certificates.

Appears in 6 contracts

Samples: Trust Agreement (Merrill Lynch Pierce Fenner & Smith Inc), Trust Agreement (Merrill Lynch Pierce Fenner & Smith Inc), Trust Agreement (Merrill Lynch Pierce Fenner & Smith Inc)

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Form and Transferability of Receipts. (a) The ------------------------------------ certificates evidencing Receipts shall be substantially in the form set forth in Exhibit B annexed to these Standard Terms, with appropriate insertions, modifications and omissions, as hereinafter provided or as may be provided in the Depositary Trust Agreement. The Issuance Denominations of a certificate shall be any integral multiple of a Round Lot of Receipts, subject to increase or decrease as provided in Sections 4.3 and 4.8. No Receipt shall be entitled to any benefits under the Depositary Trust Agreement or be valid or obligatory for any purpose unless a certificate evidencing such Receipt shall have been executed by the Trustee by the manual or facsimile signature of a duly authorized signatory of the Trustee and, if a Registrar (other than the Trustee) for the Receipts shall have been appointed, countersigned by the manual or facsimile signature of a duly authorized officer of the Registrar. The Trustee shall maintain books on which the registered ownership Ownership of each Receipt and transfers, if any, of such registered ownership Ownership shall be recorded. Certificates evidencing Receipts bearing the manual or facsimile signature of a duly authorized signatory of the Trustee and Registrar, if applicable, who was at the time such certificates were executed a proper signatory of the Trustee or Registrar, if applicable, shall bind the Trustee, notwithstanding that such signatory has ceased to hold such office prior to the delivery of such certificates.

Appears in 3 contracts

Samples: Trust Agreement (Salomon Smith Barney Inc /Ny/), Trust Agreement (Structured Products Corp), Trust Agreement (Salomon Smith Barney Inc /Ny/)

Form and Transferability of Receipts. (a) The ------------------------------------ certificates evidencing Receipts shall be substantially in the form set forth in Exhibit B annexed to these Standard Terms, with appropriate insertions, modifications and omissions, as hereinafter provided or as may be provided in the Depositary Trust Agreement. The Issuance Denominations of a certificate shall be any integral multiple of a Round Lot of Receipts, subject to increase or decrease as provided in Sections 4.3 and 4.8. No Receipt shall be entitled to any benefits under the Depositary Trust Agreement or be valid or obligatory for any purpose unless a certificate evidencing such Receipt shall have been executed by the Trustee by the manual or facsimile signature of a duly authorized signatory of the Trustee and, if a Registrar (other than the Trustee) for the Receipts shall have been appointed, countersigned by the manual or facsimile signature of a duly authorized officer of the Registrar. The Trustee shall maintain books on which the registered ownership of each Receipt and transfers, if any, of such registered ownership shall be recorded. Certificates evidencing Receipts bearing the manual or facsimile signature of a duly authorized signatory of the Trustee and Registrar, if applicable, who was at the time such certificates were executed a proper signatory of the Trustee or Registrar, if applicable, shall bind the Trustee, notwithstanding that such signatory has ceased to hold such office prior to the delivery of such certificates.

Appears in 3 contracts

Samples: Depositary Trust Agreement (Sig Indices LLLP), Depositary Trust Agreement (Sig Indices LLLP), Trust Agreement (Merrill Lynch Pierce Fenner & Smith Inc)

Form and Transferability of Receipts. (a) The ------------------------------------ certificates evidencing Definitive Receipts shall be substantially in the form set forth in Exhibit B A annexed to these Standard Termshereto, with appropriate insertions, modifications and omissions, as hereinafter provided or as provided. Receipts may be provided issued in the denominations of any whole number of American Depositary Trust Agreement. The Issuance Denominations of a certificate shall be any integral multiple of a Round Lot of Receipts, subject to increase or decrease as provided in Sections 4.3 and 4.8Shares. No Receipt shall be entitled to any benefits under the Depositary Trust this Deposit Agreement or be valid or obligatory for any purpose purpose, unless a certificate evidencing such Receipt it shall have been executed by the Trustee Depositary by the manual or facsimile signature of a duly authorized signatory of the Trustee andDepositary; provided, however, that such signature may be a facsimile if a Registrar (other than the Trustee) for the Receipts shall have been appointed, appointed and such Receipts are countersigned by the manual signature of a duly authorized officer of the Registrar. The Depositary shall maintain books, as hereinafter provided, on which each Receipt so signed and delivered and the transfer of each such Receipt shall be registered. Receipts bearing the manual or facsimile signature of a duly authorized officer of the Registrar. The Trustee shall maintain books on which the registered ownership of each Receipt and transfers, if any, of such registered ownership shall be recorded. Certificates evidencing Receipts bearing the manual or facsimile signature of a duly Depositary who was at any time an authorized signatory of the Trustee and Registrar, if applicable, who was at the time such certificates were executed a proper signatory of the Trustee or Registrar, if applicable, Depositary shall bind the TrusteeDepositary, notwithstanding that such signatory has ceased to hold such office prior to the execution and delivery of such certificatesReceipts by the Registrar or did not hold such office at the date of issuance of such Receipts.

Appears in 3 contracts

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

Form and Transferability of Receipts. (a) The ------------------------------------ certificates evidencing Receipts shall be engraved or printed or lithographed on steel engraved borders and shall be substantially in the form set forth in Exhibit B A annexed to these Standard Termsthis Deposit Agreement, with appropriate insertions, modifications and omissions, as hereinafter provided. Receipts shall be executed by the Depositary by the manual signature of a duly authorized representative of the Depositary, provided or as that such signature may be provided in a facsimile if a Registrar for the Depositary Trust Agreement. The Issuance Denominations Receipts (other than the Depositary) shall have been appointed and such Receipts are countersigned by manual signature of a certificate shall be any integral multiple duly authorized representative of a Round Lot of Receipts, subject to increase or decrease as provided in Sections 4.3 and 4.8the Registrar. No Receipt shall be entitled to any benefits under the Depositary Trust this Deposit Agreement or be valid or obligatory for any purpose unless a certificate evidencing such Receipt it shall have been executed by the Trustee by the manual or facsimile signature of a duly authorized signatory on behalf of the Trustee and, if a Registrar (other than the Trustee) for the Receipts shall have been appointed, countersigned Company by the manual or facsimile signature of a duly authorized officer of the Registrar. The Trustee shall maintain books on which the registered ownership of each Receipt and transfersexecuted manually or, if anya Registrar for the Receipts (other than the Depositary) shall have been appointed, of such registered ownership shall be recorded. Certificates evidencing Receipts bearing the manual or by facsimile signature of a duly authorized signatory representative of the Trustee and RegistrarDepositary and, if applicable, who was at the time such certificates were executed a proper signatory by facsimile signature of the Trustee or Registrar, if applicableDepositary, shall bind the Trustee, notwithstanding that such signatory has ceased to hold such office prior to the delivery have been countersigned manually by a duly authorized representative of such certificatesRegistrar. The Depositary shall record on its books each Receipt so signed and delivered as hereinafter provided.

Appears in 3 contracts

Samples: Deposit Agreement (Intermedia Communications of Florida Inc), Deposit Agreement (Intermedia Communications of Florida Inc), Deposit Agreement (Intermedia Communications Inc)

Form and Transferability of Receipts. (a) The ------------------------------------ certificates evidencing Receipts shall be substantially in the form set forth in Exhibit B annexed to these Standard Terms, with appropriate insertions, modifications and omissions, as hereinafter provided or as may be provided in the Depositary Trust Agreement. The Issuance Denominations of a certificate shall be any integral multiple of a Round Lot of Receipts, subject to increase or decrease as provided in Sections 4.3 and 4.8. No Receipt shall be entitled to any benefits under the Depositary Trust Agreement or be valid or obligatory for any purpose unless a certificate evidencing such Receipt shall have been executed by the Trustee by the manual or facsimile signature of a duly authorized signatory of the Trustee and, if a Registrar (other than the Trustee) for the Receipts shall have been appointed, countersigned by the manual or facsimile signature of a duly authorized officer of the Registrar. The Trustee shall maintain books on which the registered ownership of each Receipt and transfers, if any, of such registered ownership shall be recorded. Certificates evidencing Receipts bearing the manual or facsimile signature of a duly authorized signatory of the Trustee and Registrar, if applicable, who was at the time such certificates were executed a proper signatory of the Trustee or Registrar, if applicable, shall bind the Trustee, notwithstanding that such signatory has ceased to hold such office prior to the delivery of such certificates.

Appears in 2 contracts

Samples: Trust Agreement (Epoch Securities Inc), Trust Agreement (Epoch Securities Inc)

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Form and Transferability of Receipts. (a) The ------------------------------------ certificates evidencing Receipts shall be engraved or printed or lithographed on steel engraved borders and shall be substantially in the form set forth in Exhibit B A annexed to these Standard Termsthis Depositary Agreement, with appropriate insertions, modifications and omissions, as hereinafter provided or as provided. Receipts shall be executed by the Depositary by the manual signature of a duly authorized representative of the Depositary, PROVIDED that such signature may be provided in a facsimile if a Registrar for the Depositary Trust Agreement. The Issuance Denominations Receipts (other than the Depositary) shall have been appointed and such Receipts are countersigned by manual signature of a certificate shall be any integral multiple duly authorized representative of a Round Lot of Receipts, subject to increase or decrease as provided in Sections 4.3 and 4.8the Registrar. No Receipt shall be entitled to any benefits under the Depositary Trust this Deposit Agreement or be valid or obligatory for any purpose unless a certificate evidencing such Receipt it shall have been executed by the Trustee by the manual or facsimile signature of a duly authorized signatory on behalf of the Trustee and, if a Registrar (other than the Trustee) for the Receipts shall have been appointed, countersigned Company by the manual or facsimile signature of a duly authorized officer of the Registrar. The Trustee shall maintain books on which the registered ownership of each Receipt and transfersexecuted manually or, if anya Registrar for the Receipts (other than the Depositary) shall have been appointed, of such registered ownership shall be recorded. Certificates evidencing Receipts bearing the manual or by facsimile signature of a duly authorized signatory representative of the Trustee and RegistrarDepositary and, if applicable, who was at the time such certificates were executed a proper signatory by facsimile signature of the Trustee or Registrar, if applicableDepositary, shall bind the Trustee, notwithstanding that such signatory has ceased to hold such office prior to the delivery of such certificates.have been countersigned manually

Appears in 1 contract

Samples: Deposit Agreement (Sensormatic Electronics Corp)

Form and Transferability of Receipts. (a) The ------------------------------------ certificates evidencing Receipts shall be substantially in the form set forth in Exhibit B annexed to these Standard Terms, with appropriate insertions, modifications and omissions, as hereinafter provided or as may be provided in the Depositary Trust Agreement. The Issuance Denominations issuance denominations of a certificate shall be any integral multiple of a Round Lot of Receipts, subject to increase or decrease as provided in Sections 4.3 4.3(a) and 4.84.8 (such denominations, the "Issuance Denominations"). No Receipt shall be entitled to any benefits under the Depositary Trust Agreement or be valid or obligatory for any purpose unless a certificate evidencing such Receipt shall have been executed by the Trustee by the manual or facsimile signature of a duly authorized signatory of the Trustee and, if a Registrar (other than the Trustee) for the Receipts shall have been appointed, countersigned by the manual or facsimile signature of a duly authorized officer of the Registrar. The Trustee shall maintain books on which the registered ownership of each Receipt and transfers, if any, of such registered ownership shall be recorded. Certificates evidencing Receipts bearing the manual or facsimile signature of a duly authorized signatory of the Trustee and Registrar, if applicable, who was at the time such certificates were executed a proper signatory of the Trustee or Registrar, if applicable, shall bind the Trustee, notwithstanding that such signatory has ceased to hold such office prior to the delivery of such certificates.

Appears in 1 contract

Samples: Trust Agreement (Cantor Fitzgerald & Co)

Form and Transferability of Receipts. (a) The ------------------------------------ certificates evidencing Definitive Receipts shall be substantially in the form set forth in Exhibit B A annexed to these Standard Termsthis Deposit Agreement, with appropriate insertions, modifications and omissions, as hereinafter provided or as provided. Receipts may be provided issued in the denominations of any number of American Depositary Trust Agreement. The Issuance Denominations of a certificate shall be any integral multiple of a Round Lot of Receipts, subject to increase or decrease as provided in Sections 4.3 and 4.8Shares. No definitive Receipt shall be entitled to any benefits under the Depositary Trust this Deposit Agreement or be valid or obligatory for any purpose purpose, unless a certificate evidencing such Receipt shall have been executed by the Trustee Depositary by the manual or facsimile signature of a duly authorized signatory of the Trustee and, if a Registrar (other than the Trustee) for the Receipts shall have been appointed, countersigned by the manual or facsimile signature of a duly authorized officer of the RegistrarDepositary. The Trustee Depositary shall maintain books on which each Receipt so executed and delivered, in the registered ownership case of definitive Receipts, and each Receipt issued through the DRS/Profile, in either case as hereinafter provided and the transfer of each such Receipt and transfers, if any, of such registered ownership shall be recordedregistered. Certificates evidencing Receipts in certificated form bearing the manual or facsimile signature of a duly authorized signatory of the Trustee and Registrar, if applicable, Depositary who was at the any time such certificates were executed a proper signatory of the Trustee or Registrar, if applicable, Depositary shall bind the TrusteeDepositary, notwithstanding that such signatory has ceased to hold such office prior to the execution and delivery of such certificatesReceipts by the Registrar or did not hold such office on the date of issuance of such Receipts.

Appears in 1 contract

Samples: Deposit Agreement (Deutsche Bank Trust Co Americas/ ADR Group)

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