No Pre-Release. The Depositary shall not deliver any deposited Preferred Stock evidenced by Receipts prior to the receipt and cancellation of such Receipts or other similar method used with respect to Receipts held by DTC. The Depositary shall not issue any Receipts prior to the receipt by the Depositary of the corresponding Preferred Stock evidenced by such Receipts. At no time will any Receipts be outstanding if such Receipts do not represent Preferred Stock deposited with the Depositary.
Appears in 69 contracts
Samples: Deposit Agreement (Jpmorgan Chase & Co), Deposit Agreement (Citigroup Inc), Deposit Agreement (Citigroup Inc)
No Pre-Release. The Depositary shall not deliver any deposited Convertible Preferred Stock evidenced by Receipts prior to the receipt and cancellation of such Receipts or other similar method used with respect to Receipts held by DTC. The Depositary shall not issue any Receipts prior to the receipt by the Depositary of the corresponding Convertible Preferred Stock evidenced by such Receipts. At no time will any Receipts be outstanding if such Receipts do not represent Convertible Preferred Stock deposited with the Depositary.
Appears in 10 contracts
Samples: Deposit Agreement (Citigroup Inc), Deposit Agreement (Citigroup Inc), Deposit Agreement (Citigroup Inc)
No Pre-Release. The Depositary shall not deliver any deposited Preferred Stock Preference Shares evidenced by Receipts prior to the receipt and cancellation of such Receipts or other similar method used with respect to Receipts held by DTC. The Depositary shall not issue any Receipts prior to the receipt by the Depositary of the corresponding Preferred Stock Preference Shares evidenced by such Receipts. At no time will any Receipts be outstanding if such Receipts do not represent Preferred Stock Preference Shares deposited with the Depositary.
Appears in 8 contracts
Samples: Deposit Agreement (Aspen Insurance Holdings LTD), Deposit Agreement (Renaissancere Holdings LTD), Deposit Agreement (Aspen Insurance Holdings LTD)
No Pre-Release. The Depositary shall not deliver any deposited Preferred Stock evidenced by Receipts prior to the receipt and cancellation of such Receipts or other similar method used with respect to Receipts held by DTC. The Depositary shall not issue any Receipts prior to the receipt by the Depositary of the corresponding Preferred Stock represented by the Depositary Shares evidenced by such Receipts. At no time will any Receipts be outstanding if such Receipts do not represent evidence the Depositary Shares representing Preferred Stock deposited with the Depositary.
Appears in 6 contracts
Samples: Deposit Agreement (XOMA Corp), Deposit Agreement (MainStreet Bancshares, Inc.), Deposit Agreement (Fifth Third Bancorp)
No Pre-Release. The Depositary shall not deliver any deposited Preferred Stock Shares evidenced by Receipts prior to the receipt and cancellation of such Receipts or other similar method used with respect to Receipts held by DTC. The Depositary shall not issue any Receipts prior to the receipt by the Depositary of the corresponding Preferred Stock Shares evidenced by such Receipts. At no time will any Receipts be outstanding if such Receipts do not represent Preferred Stock Shares deposited with the Depositary.
Appears in 6 contracts
Samples: Deposit Agreement (Arch Capital Group Ltd.), Deposit Agreement (Arch Capital Group Ltd.), Deposit Agreement (Axis Capital Holdings LTD)
No Pre-Release. The Depositary shall not deliver any deposited Series A Preferred Stock evidenced by Receipts prior to the receipt and cancellation of such Receipts or other similar method used with respect to Receipts held by DTC. The Depositary shall not issue any Receipts prior to the receipt by the Depositary of the corresponding Series A Preferred Stock represented by the Depositary Shares evidenced by such Receipts. At no time will any Receipts be outstanding if such Receipts do not represent evidence the Depositary Shares representing Series A Preferred Stock deposited with the Depositary.
Appears in 2 contracts
Samples: Deposit Agreement (Green Brick Partners, Inc.), Deposit Agreement (Cadiz Inc)
No Pre-Release. The Depositary shall not deliver any deposited Preferred Stock evidenced by Receipts prior to the receipt and cancellation of such Receipts or other similar method used with respect to Receipts held by DTCa Global Receipt Depository. The Depositary shall not issue any Receipts prior to the receipt by the Depositary of the corresponding Preferred Stock evidenced by such Receipts. At no time will any Receipts be outstanding if such Receipts do not represent Preferred Stock deposited with the Depositary.
Appears in 1 contract
Samples: Deposit Agreement (Argo Group International Holdings, Ltd.)
No Pre-Release. The Depositary shall not deliver any deposited Series I Preferred Stock evidenced by Receipts prior to the receipt and cancellation of such Receipts or other similar method used with respect to Receipts held by DTC. The Depositary shall not issue any Receipts prior to the receipt by the Depositary of the corresponding Series I Preferred Stock evidenced by such Receipts. At no time will any Receipts be outstanding if such Receipts do not represent Series I Preferred Stock deposited with the Depositary.
Appears in 1 contract
No Pre-Release. The Depositary shall not deliver any deposited Series UU Preferred Stock evidenced by Receipts prior to the receipt and cancellation of such Receipts or other similar method used with respect to Receipts held by DTC. The Depositary shall not issue any Receipts prior to the receipt by the Depositary of the corresponding Series UU Preferred Stock evidenced by such Receipts. At no time will any Receipts be outstanding if such Receipts do not represent Series UU Preferred Stock deposited with the Depositary.
Appears in 1 contract
Samples: Deposit Agreement (Telephone & Data Systems Inc /De/)
No Pre-Release. The Depositary shall not deliver any deposited Preferred Stock Shares evidenced by Receipts prior to the receipt and cancellation of such Receipts or other similar method used with respect to Receipts held by DTC. The Depositary shall not issue any Receipts prior to the receipt by the Depositary of the corresponding Preferred Stock Shares evidenced by such Receipts. At no time will any Receipts be outstanding if such Receipts do not represent Preferred Stock Shares deposited with the Depositary.
Appears in 1 contract
No Pre-Release. The Depositary shall not deliver any deposited Preferred Stock evidenced by Receipts prior to the receipt and cancellation of such Receipts or other similar method used with respect to Receipts held by DTC. The Depositary shall not issue any Receipts prior to the receipt by the Depositary of the corresponding Preferred Stock represented by the Depositary Shares evidenced by such Receipts. At no time will any Receipts be outstanding if such Receipts do not represent evidence the Depositary Shares representing Preferred Stock deposited with the Depositary.. Table of Contents ARTICLE III
Appears in 1 contract
