Common use of Obligations of the Depositary Clause in Contracts

Obligations of the Depositary. the Depositary’s Agent, the Registrar and the Company. The Company assumes no obligation and shall be subject to no liability under the Deposit Agreement or this Receipt to the holder hereof or other persons, except to perform its obligations as are specifically set forth and undertaken by it to perform in the Deposit Agreement without negligence or bad faith. Each of the Depositary, the Depositary’s Agents and the Registrar assumes no obligation and shall be subject to no liability under the Deposit Agreement or this Receipt to the holder hereof or other persons, except to perform such obligations as are specifically set forth and undertaken by it to perform in the Deposit Agreement without negligence or willful misconduct. Neither the Depositary nor any Depositary’s Agent nor the Registrar nor the Company shall be liable for any action or failure to act by it in reliance upon the advice of or information from legal counsel, accountants, any person presenting Stock for deposit, any holder of this Receipt or any other person believed by it in good faith to be competent to give such advice or information.

Appears in 4 contracts

Samples: Deposit Agreement (Allos Therapeutics Inc), Deposit Agreement (Allos Therapeutics Inc), Deposit Agreement (Allos Therapeutics Inc)

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Obligations of the Depositary. the Depositary’s 's Agent, the Registrar and the Company. The Company assumes no obligation and shall be subject to no liability under the Deposit Agreement or this Receipt to the holder hereof or other persons, except to perform its obligations as are specifically set forth and undertaken by it to perform in the Deposit Agreement without negligence or bad faith. Each of the Depositary, the Depositary’s 's Agents and the Registrar assumes no obligation and shall be subject to no liability under the Deposit Agreement or this Receipt to the holder hereof or other persons, except to perform such obligations as are specifically set forth and undertaken by it to perform in the Deposit Agreement without negligence or willful misconduct. Neither the Depositary nor any Depositary’s 's Agent nor the Registrar nor the Company shall be liable for any action or failure to act by it in reliance upon the advice of or information from legal counsel, accountants, any person presenting Stock for deposit, any holder of this Receipt or any other person believed by it in good faith to be competent to give such advice or information.

Appears in 3 contracts

Samples: Deposit Agreement (Primus Telecommunications Group Inc), Deposit Agreement (Amylin Pharmaceuticals Inc), Deposit Agreement (Maxim Pharmaceuticals Inc)

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