Common use of Limitations on Execution and Delivery, Transfer, Surrender and Exchange of Receipts Clause in Contracts

Limitations on Execution and Delivery, Transfer, Surrender and Exchange of Receipts. As a condition precedent to the execution and delivery, registration of transfer, split-up, combination, surrender or exchange of any Receipt, the Depositary, any of the Depositary’s Agents or the Corporation may require payment to it of a sum sufficient for the payment (or, in the event that the Depositary or the Corporation shall have made such payment, the reimbursement to it) of any charges or expenses payable by the Holder of a Receipt pursuant to Section 5.7, may require the production of evidence satisfactory to it as to the identity and genuineness of any signature (which evidence will include a signature guarantee and any other reasonable evidence of authority that may be required

Appears in 3 contracts

Samples: Deposit Agreement (PNC Financial Services Group, Inc.), Deposit Agreement (PNC Financial Services Group, Inc.), Deposit Agreement (PNC Financial Services Group, Inc.)

AutoNDA by SimpleDocs

Limitations on Execution and Delivery, Transfer, Surrender and Exchange of Receipts. As a condition precedent to the execution and delivery, registration of transfer, split-up, combination, surrender or exchange of any Receipt, the Depositary, any of the Depositary’s Agents or the Corporation may require payment to it of a sum sufficient for the payment (or, in the event that the Depositary or the Corporation shall have made such payment, the reimbursement to it) of any charges or expenses payable by the Holder of a Receipt pursuant to Section 5.7, may require the production of evidence satisfactory to it as to the identity and genuineness of any signature (which evidence will include a signature guarantee and any other reasonable evidence of authority that may be requiredsignature

Appears in 1 contract

Samples: Deposit Agreement (PNC Financial Services Group, Inc.)

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