Common use of Liability of Holder for Taxes and Other Charges Clause in Contracts

Liability of Holder for Taxes and Other Charges. If any tax or other governmental charge shall become payable by the Depositary or any Custodian with respect to any Receipt or any Deposited Securities represented by the American Depositary Shares evidenced by any Receipt, such tax or other governmental charge shall be payable by the Holder of such Receipt to the Depositary. The Depositary may refuse to effect any registration or transfer of such Receipt or any withdrawal of Deposited Securities represented by the American Depositary Shares evidenced thereby until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Holder thereof any part or all of the Deposited Securities represented by the American Depositary Shares evidenced by such Receipt, and may apply such dividends or other distributions or other proceeds of any such sale in payment of such tax or other governmental charge, the Holder of such Receipt remaining liable for any deficiency.

Appears in 2 contracts

Samples: Deposit Agreement (Henderson Land Development Company LTD /Fi), Deposit Agreement (Lenovo Group LTD)

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Liability of Holder for Taxes and Other Charges. If any tax or other governmental charge shall become payable by the Depositary or any Custodian with respect to any Receipt or any Deposited Securities represented by the American Depositary Shares evidenced by any such Receipt, such tax or other governmental charge shall be payable by the Holder of such Receipt to the Depositary. The Depositary may refuse to effect any registration of transfer of all or transfer part of such Receipt or to issue any new Receipt or Receipts or to permit any deposit or withdrawal of Deposited Securities represented by the American Depositary Shares evidenced thereby by such Receipt until such payment is made, and the Company and the Depositary may withhold or deduct from any dividends or other distributions, or may sell for the account of the Holder thereof any part or all of the Deposited Securities represented by the American Depositary Shares evidenced by such Receipt, and may apply such dividends or other distributions or other the proceeds of any such sale in payment of such tax or other governmental charge, with the Holder of such Receipt remaining liable for any deficiency.

Appears in 1 contract

Samples: Deposit Agreement (Edp Energias De Portugal Sa)

Liability of Holder for Taxes and Other Charges. If any stamp, transfer or other applicable tax or other governmental charge shall become payable by the Depositary or any Custodian with respect to any Receipt or any Deposited Securities represented by the American Depositary Shares evidenced by any such Receipt, such tax or other governmental charge shall be payable by the Holder of such Receipt to the Depositary. The Depositary may refuse to effect any registration of transfer of all or transfer part of such Receipt or to issue any new Receipt or Receipts or to permit any deposit or withdrawal of Deposited Securities represented by the American Depositary Shares evidenced thereby by such Receipt until such payment is made, and the Company and the Depositary may withhold or deduct from any dividends or other distributions, or may sell for the account of the Holder thereof any part or all of the Deposited Securities represented by the American Depositary Shares evidenced by such Receipt, and may apply such dividends or other distributions or other the proceeds of any such sale in payment of such tax or other governmental charge, with the Holder of such Receipt remaining liable for any deficiency.

Appears in 1 contract

Samples: Deposit Agreement (Imperial Tobacco Group PLC)

Liability of Holder for Taxes and Other Charges. If any tax or other governmental charge shall become payable by the Depositary or any Custodian with respect to any Receipt or any Deposited Securities represented by the American Depositary Shares evidenced by such Receipt or any Receiptdistribution thereon, such tax or other governmental charge shall be payable by the Holder of such Receipt to the Depositary. The Depositary may refuse to effect any registration, registration of transfer of all or transfer part of such Receipt or to issue any new Receipt or Receipts or to permit any deposit or withdrawal of Deposited Securities represented by the American Depositary Shares evidenced thereby by such Receipt until such payment is made, and the Company and the Depositary may withhold or deduct from any dividends or other distributionsdistributions in respect of the Deposited Securities, or may sell for the account of the Holder thereof any part or all of the Deposited Securities represented by the American Depositary Shares evidenced by such Receipt, and may apply such dividends or other distributions or other the proceeds of any such sale in payment of such tax or other governmental charge, the Holder of such Receipt remaining liable for any deficiency.

Appears in 1 contract

Samples: Deposit Agreement (Manufacturas De Papel C a Manpa S a C a /Fi)

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Liability of Holder for Taxes and Other Charges. If any tax or other governmental charge shall become payable by the Depositary or any Custodian with respect to any Receipt or any Deposited Securities represented by the American Depositary Shares evidenced by any Receipthereby, such tax or other governmental charge shall be payable by the Holder of such Receipt hereof to the Depositary. The Depositary may refuse to to, effect any registration or transfer of such this Receipt or any withdrawal of Deposited Securities represented by the American Depositary Shares evidenced thereby hereby until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Holder thereof hereof any part or all of the Deposited Securities represented by the American Depositary Shares evidenced by such this Receipt, and may apply such dividends or other distributions or other the proceeds of any such sale in payment of such tax or other governmental charge, the Holder of such Receipt hereof remaining liable for any deficiency.

Appears in 1 contract

Samples: Deposit Agreement (Henderson Land Development Company LTD /Fi)

Liability of Holder for Taxes and Other Charges. If any tax or other governmental charge shall become payable by the Depositary or any Custodian with respect to any Receipt or any Deposited Securities represented by the American Depositary Shares evidenced by any Receipthereby, such tax or other governmental charge shall be payable by the Holder of such Receipt hereof to the Depositary. The Depositary may refuse to effect any registration or transfer of such this Receipt or any withdrawal of Deposited Securities represented by the American Depositary Shares evidenced thereby hereby until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Holder thereof hereof any part or all of the Deposited Securities represented by the American Depositary Shares evidenced by such this Receipt, and may apply such dividends or other distributions or other the proceeds of any such sale in payment of such tax or other governmental charge, the Holder of such Receipt hereof remaining liable for any deficiency.

Appears in 1 contract

Samples: Deposit Agreement (Lenovo Group LTD)

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