Common use of Liability of Owner or Beneficial Owner for Taxes Clause in Contracts

Liability of Owner or Beneficial Owner for Taxes. The Depositary shall not be liable to the Company, any Owner or Beneficial Owner, or any other person for any tax or other governmental charge that is or may become payable in connection with the deposit or withdrawal of any Deposited Securities or the offer, sale, pledge or other transfer of Deposited Securities or the American Depositary Shares represented thereby. If any tax or other governmental charge shall become payable with respect to any Receipt or any Deposited Securities represented hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositary. The Depositary may refuse to effect any transfer of this Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by such Receipt until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Owner or Beneficial Owner hereof any part or all of the Deposited Securities represented by the American Depositary Shares evidenced by this Receipt, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge and the Owner or Beneficial Owner hereof shall remain liable for any deficiency.

Liability of Owner or Beneficial Owner for Taxes. The Depositary shall not be liable to the Company, any Owner or Beneficial Owner, or any other person for any tax or other governmental charge that is or may become payable in connection with the deposit or withdrawal of any Deposited Securities or the offer, sale, pledge or other transfer of Deposited Securities or the American Depositary Shares represented thereby. If any tax or other governmental charge shall become payable by the Custodian or the Depositary with respect to any Receipt or any Deposited Securities represented herebyby any Receipt, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof of such Receipt to the Depositary. The Depositary may refuse to effect any transfer of this such Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by such Receipt until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Owner or Beneficial Owner hereof thereof any part or all of the Deposited Securities represented by the American Depositary Shares evidenced by this such Receipt, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge and the Owner or Beneficial Owner hereof of such Receipt shall remain liable for any deficiency.

Liability of Owner or Beneficial Owner for Taxes. The Depositary shall not be liable to the Company, any Owner or Beneficial Owner, or any other person for any tax or other governmental charge that is or may become payable in connection with the deposit or withdrawal of any Deposited Securities or the offer, sale, pledge or other transfer of Deposited Securities or the American Depositary Shares represented thereby. If any tax or other governmental charge shall become payable by the Custodian or the Depositary with respect to any Receipt or any Deposited Securities represented herebyby any Receipt, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof Owners of such Receipt to the Depositary. The Depositary may refuse to effect any transfer of this such Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by such Receipt until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Owner or Beneficial Owner hereof thereof any part or all of the Deposited Securities represented by the American Depositary Shares evidenced by this such Receipt, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge and the Owner or Beneficial Owner hereof of such Receipt shall remain liable for any deficiency. Every Owner and Beneficial Owner agrees to indemnify the Depositary, the Company, the Custodian, and any of their agents, officers, employees and affiliates for, and to hold each of them harmless from, any claims with respect to taxes (including applicable interest and penalties thereon) arising from any tax benefit obtained for such Owner and/or Beneficial Owner.

Liability of Owner or Beneficial Owner for Taxes. The Depositary shall not be liable to the Company, any Owner or Beneficial Owner, or any other person for any tax or other governmental charge that is or may become payable in connection with the deposit or withdrawal of any Deposited Securities or the offer, sale, pledge or other transfer of Deposited Securities or the American Depositary Shares represented thereby. If any tax or other governmental charge shall become payable with respect to any Receipt or any Deposited Securities represented hereby, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner hereof to the Depositary. The Depositary may refuse to effect any transfer of this Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by such Receipt until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Owner or Beneficial Owner hereof any part or all of the Deposited Securities represented by the American Depositary Shares evidenced by this Receipt, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge and the Owner or Beneficial Owner hereof shall remain liable for any deficiency. Each Owner and Beneficial Owner agrees to indemnify the Depositary, the Company, the Custodian and any of their respective directors, employees, agents and affiliates against, and hold each of them harmless from, any claims by any governmental authority with respect to taxes, additions to tax, penalties or interest arising out of any refund of taxes, reduced rate of withholding at source or other tax benefit obtained.