The ADSs Sample Clauses
The clause titled "The ADSs" defines and governs the American Depositary Shares (ADSs) that represent ownership interests in a specified number of underlying foreign shares. It typically outlines how ADSs are issued, transferred, and what rights or obligations holders have, such as voting rights or dividend entitlements. By clarifying the structure and mechanics of ADSs, this clause ensures that investors understand the nature of their investment and the relationship between the ADSs and the underlying foreign securities, thereby promoting transparency and reducing potential confusion.
The ADSs. The Shares may be freely deposited by the Company with the custodian pursuant to the Deposit Agreement. Upon the due issuance by the Depositary of ADRs evidencing ADSs, such ADRs will be duly and validly issued under the Deposit Agreement and persons in whose names such ADRs are registered will be entitled to the rights of registered holders of ADRs specified therein and in the Deposit Agreement; and the Deposit Agreement and ADSs will conform in all material respects to the description thereof contained in the Prospectus.
The ADSs. The Underlying Shares to be issued and sold by the Company hereunder may be freely deposited by the Company with the Depositary by book entry transfer at Cavali ICLV. S.A. or otherwise in accordance with applicable law. Upon the due issuance by the Depositary of ADRs evidencing ADSs, such ADRs will be duly and validly issued under the Deposit Agreement and persons in whose names such ADRs are registered will be entitled to the rights of registered holders of ADRs specified therein and in the Deposit Agreement; and the Deposit Agreement and the ADSs will conform in all material respects to the description thereof contained in the Registration Statement, the Pricing Disclosure Package and the Prospectus.
The ADSs. The Underlying Shares may be freely deposited by the Company with the Depositary’s agent acting as custodian under the Deposit Agreement (the “Custodian”) pursuant to the Deposit Agreement. Upon the due issuance by the Depositary of ADRs evidencing ADSs, such ADRs will be duly and validly issued under the Deposit Agreement and persons in whose names such ADRs are registered will be entitled to the rights of registered holders of ADRs specified therein and in the Deposit Agreement; and the Deposit Agreement and the ADSs will conform in all material respects to the description thereof contained in the Registration Statement, Time of Sale Information and the Prospectus.
The ADSs. The Underlying Shares to be issued and sold by the Company hereunder may be freely deposited by the Company with the Depositary by book entry transfer at Banco Santander Río S.A. or otherwise in accordance with applicable law. Upon the due issuance by the Depositary of ADRs evidencing ADSs, such ADRs will be duly and validly issued under the Deposit Agreement and persons in whose names such ADRs are registered will be entitled to the rights of registered holders of ADRs specified therein and in the Deposit Agreement; and the Deposit Agreement and the ADSs will conform in all material respects to the description thereof contained in the Registration Statement, the Pricing Disclosure Package and the Prospectus.
The ADSs. Upon (i) issuance by the Depositary of the ADSs against the deposit of Shares in respect thereof and (ii) due execution and delivery by the Depositary of ADRs evidencing ADSs against the deposit of Shares in respect thereof, in accordance with the provisions of the Deposit Agreement, such ADSs and ADRs will be duly and validly issued and the persons in whose names the ADSs and the ADRs, as applicable, are registered will be entitled to the rights specified therein and in the Deposit Agreement. The Deposit Agreement conforms, and the ADRs will conform, in all material respects to the descriptions thereof in each of the Registration Statement, the ADS Registration Statement, the General Disclosure Package and the Final Prospectus. The Shares may be freely deposited with the custodian pursuant to the Deposit Agreement against issuance by the Depositary of ADRs evidencing ADSs. The ADSs, when issued and delivered against payment thereof, will be freely transferable to or for the account of the several Underwriters and there are no restrictions on subsequent transfers of such ADSs under the laws of the Federal Republic of Germany or the United States.