Common use of The Custodians Clause in Contracts

The Custodians. The Depositary has appointed Credit Suisse AG as a Custodian under this Deposit Agreement. The Custodian shall be subject at all times and in all respects to the directions of the Depositary and shall be responsible solely to it. Credit Suisse AG shall be a sole Custodian under this Deposit Agreement so long as it continues to offer custodial services; the Depositary may appoint an additional custodian or custodians with the consent of the Company (which consent shall not be unreasonably withheld), each of which shall thereafter be one of the Custodians under this Deposit Agreement. If the Depositary receives notice that a Custodian is resigning and, upon the effectiveness of that resignation there would be no Custodian acting under this Deposit Agreement, the Depositary shall, as promptly as practicable after receiving that notice, appoint a substitute custodian or custodians, each of which shall thereafter be a Custodian under this Deposit Agreement. The Depositary shall require any Custodian that resigns or is removed to deliver all Deposited Securities held by it to another Custodian.

Appears in 3 contracts

Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Bank of New York / Adr Division)

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The Custodians. The Depositary has appointed Credit Suisse AG as a Custodian under this Deposit Agreement. The Custodian shall be subject at all times and in all respects to the directions of the Depositary and shall be responsible solely to it. Credit Suisse AG shall be The Depositary in its discretion may at any time appoint a sole Custodian under this Deposit Agreement so long as it continues to offer custodial services; the Depositary may appoint an substitute or additional custodian or custodians with the consent of the Company (which consent shall not be unreasonably withheld)custodians, each of which shall thereafter be one of the Custodians under this Deposit Agreement. If the Depositary receives notice that a Custodian is resigning and, upon the effectiveness of that resignation there would be no Custodian acting under this Deposit Agreement, the Depositary shall, as promptly as practicable after receiving that notice, appoint a substitute custodian or custodians, each of which shall thereafter be a Custodian under this Deposit Agreement. The Depositary shall require any Custodian that resigns or is removed to deliver all Deposited Securities held by it to another Custodian. The Depositary shall notify the Company of the appointment of a substitute or additional Custodian. The Depositary shall require each such substitute or additional custodian it appoints to deliver to the Depositary, forthwith upon its appointment, an acceptance of such appointment reasonably satisfactory in form and substance to the Depositary.

Appears in 3 contracts

Samples: Deposit Agreement (Grupo Supervielle S.A.), Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Bank of New York / Adr Division)

The Custodians. The Depositary has appointed Credit Suisse AG as a Custodian under this Deposit Agreement. The Custodian shall be subject at all times and in all respects to the directions of the Depositary and shall be responsible solely to it. Credit Suisse AG shall be The Depositary in its discretion may at any time discharge a sole Custodian under this Deposit Agreement so long as it continues to offer custodial services; the Depositary may or appoint an a substitute or additional custodian or custodians with the consent of the Company (which consent shall not be unreasonably withheld)custodians, each of which shall thereafter be one of the Custodians under this Deposit Agreement. If the Depositary receives notice that a Custodian is resigning and, upon the effectiveness of that resignation there would be no Custodian acting under this Deposit Agreement, the Depositary shall, as promptly as practicable after receiving that notice, appoint a substitute custodian or custodians, each of which shall thereafter be a Custodian under this Deposit Agreement. The Depositary shall require any Custodian that resigns or is removed to deliver all Deposited Securities held by it to another Custodian. The Depositary shall endeavor to notify the Company of the discharge of the Custodian, or the appointment of a substitute or additional Custodian, as promptly as practicable.

Appears in 3 contracts

Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Kitov Pharmaceuticals Holdings Ltd.)

The Custodians. The Depositary has appointed Credit Suisse AG as a Custodian under this Deposit Agreement. The Custodian shall be subject at all times and in all respects to the directions of the Depositary and shall be responsible solely to it. Credit Suisse AG shall be The Depositary in its discretion may at any time discharge the Custodian or appoint a sole Custodian under this Deposit Agreement so long as it continues to offer custodial services; the Depositary may appoint an substitute or additional custodian or custodians with the consent of the Company (which consent shall not be unreasonably withheld)custodians, each of which shall thereafter be one of the Custodians under this Deposit Agreement. If the Depositary receives notice that a Custodian is resigning and, upon the effectiveness of that resignation there would be no Custodian acting under this Deposit Agreement, the Depositary shall, as promptly as practicable after receiving that notice, appoint a substitute custodian or custodians, each of which shall thereafter be a Custodian under this Deposit Agreement. The Depositary shall require any Custodian that resigns or is removed to deliver all Deposited Securities held by it to another Custodian. The Depositary shall endeavor to notify the Company of the discharge of the Custodian, or the appointment of a substitute or additional Custodian, as promptly as practicable.

Appears in 2 contracts

Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Bank of New York / Adr Division)

The Custodians. The Depositary has appointed Credit Suisse AG as a Custodian under this Deposit Agreement. The Custodian shall be subject at all times and in all respects to the directions of the Depositary and shall be responsible solely to it. Credit Suisse AG shall be The Depositary in its discretion may at any time appoint a sole Custodian under this Deposit Agreement so long as it continues to offer custodial services; the Depositary may appoint an substitute or additional custodian or custodians with the consent of the Company (which consent shall not be unreasonably withheld)custodians, each of which shall thereafter be one of the Custodians under this Deposit Agreement. If the Depositary receives notice that a Custodian is resigning and, upon the effectiveness of that resignation there would be no Custodian acting under this Deposit Agreement, the Depositary shall, as promptly as practicable after receiving that notice, appoint a substitute custodian or custodians, each of which shall thereafter be a Custodian under this Deposit Agreement. The Depositary shall require any Custodian that resigns or is removed to deliver all Deposited Securities held by it to another Custodian. The Depositary will require each such substitute or additional custodian it appoints to deliver to the Depositary, forthwith upon its appointment, an acceptance of such appointment satisfactory in form and substance to the Depositary.

Appears in 2 contracts

Samples: Deposit Agreement (Gensight Biologics S.A.), Deposit Agreement (Bank of New York / Adr Division)

The Custodians. The Depositary has appointed Credit Suisse AG as a Custodian under this Deposit Agreement. The Custodian shall be subject at all times and in all respects to the directions of the Depositary and shall be responsible solely to it. Credit Suisse AG shall be The Depositary in its discretion may at any time appoint a sole Custodian under this Deposit Agreement so long as it continues to offer custodial services; the Depositary may appoint an substitute or additional custodian or custodians with the consent of the Company (which consent shall not be unreasonably withheld)custodians, each of which shall thereafter be one of the Custodians under this Deposit Agreement. If the Depositary receives notice that a Custodian is resigning and, upon the effectiveness of that resignation there would be no Custodian acting under this Deposit Agreement, the Depositary shall, as promptly as practicable after receiving that notice, appoint a substitute custodian or custodians, each of which shall thereafter be a Custodian under this Deposit Agreement. The Depositary shall require any Custodian that resigns or is removed to deliver all Deposited Securities held by it to another Custodian. The Depositary shall notify the Custodian of any change in Custodian as soon as practicable and before a change of Custodian takes effect, if practicable.

Appears in 2 contracts

Samples: Deposit Agreement (Tfi Tab Gida Yatirimlari A.S.), Deposit Agreement (Tfi Tab Gida Yatirimlari A.S.)

The Custodians. The Depositary has appointed Credit Suisse AG as a Custodian under this Deposit Agreement. The Custodian shall be subject at all times and in all respects to the directions of the Depositary and shall be responsible solely to it. Credit Suisse AG shall be The Depositary in its discretion may at any time remove a sole Custodian under this Deposit Agreement so long as it continues to offer custodial services; the Depositary may or appoint an a substitute or additional custodian or custodians with the consent of the Company (which consent shall not be unreasonably withheld)custodians, each of which shall thereafter be one of the Custodians under this Deposit Agreement. If the Depositary removes a Custodian or receives notice that a Custodian is resigning and, upon the effectiveness of that removal or resignation there would be no Custodian acting under this Deposit Agreement, the Depositary shall, as promptly as practicable after receiving that notice, appoint a substitute custodian or custodians, each of which shall thereafter be a Custodian under this Deposit Agreement. The Depositary shall require any Custodian that resigns or is removed to deliver all Deposited Securities held by it to another Custodian.

Appears in 2 contracts

Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Bank of New York / Adr Division)

The Custodians. The Depositary has appointed Credit Suisse AG as a Custodian under this Deposit Agreement. The Custodian shall be subject at all times and in all respects to the directions of the Depositary and shall be responsible solely to it. Credit Suisse AG shall be The Depositary in its discretion may at any time appoint a sole Custodian under this Deposit Agreement so long as it continues to offer custodial services; the Depositary may appoint an substitute or additional custodian or custodians with the consent of the Company (which consent shall not be unreasonably withheld)custodians, each of which shall thereafter be one of the Custodians under this Deposit Agreement. If the Depositary receives notice that a Custodian is resigning and, upon the effectiveness of that resignation there would be no Custodian acting under this Deposit Agreement, the Depositary shall, as promptly as practicable after receiving that notice, appoint a substitute custodian or custodians, each of which shall thereafter be a Custodian under this Deposit Agreement. The Depositary shall require any Custodian that resigns or is removed to deliver all Deposited Securities held by it to another Custodian. The Depositary shall endeavor to notify the Company of the discharge of the Custodian, or the appointment of a substitute or additional Custodian, as promptly as practicable.

Appears in 1 contract

Samples: Deposit Agreement (Bank of New York / Adr Division)

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The Custodians. The Custodian appointed by the Depositary has appointed Credit Suisse AG as must be a Custodian under this Deposit AgreementRussian company that meets the eligibility requirements set forth by Russian law. The Custodian shall be subject at all times and in all respects to the directions of the Depositary and shall be responsible solely to it. Credit Suisse AG shall be The Depositary in its discretion may at any time appoint a sole Custodian under this Deposit Agreement so long as it continues to offer custodial services; the Depositary may appoint an substitute or additional custodian or custodians with the consent of the Company (which consent shall not be unreasonably withheld)custodians, each of which shall thereafter be one of the Custodians under this Deposit Agreement. If the Depositary receives notice that a Custodian is resigning and, upon the effectiveness of that resignation there would be no Custodian acting under this Deposit Agreement, the Depositary shall, as promptly as practicable after receiving that notice, appoint a substitute custodian or custodians, each of which shall thereafter be a Custodian under this Deposit Agreement. The Depositary shall require any Custodian that resigns or is removed to deliver all Deposited Securities held by it to another Custodian. The Depositary shall notify the Company as soon as practicable of any resignation, removal or replacement of the Custodian.

Appears in 1 contract

Samples: Deposit Agreement (Bank of New York / Adr Division)

The Custodians. The Depositary has appointed Credit Suisse AG as a Custodian under this Deposit Agreement. (a) The Custodian shall be subject at all times and in all respects to the directions of the Depositary and shall be responsible solely to it. Credit Suisse AG shall Any Custodian may resign and be a sole Custodian under this Deposit Agreement so long as it continues discharged from its duties hereunder by notice of such resignation delivered to offer custodial services; the Depositary may appoint an additional custodian or custodians with at least 30 days prior to the consent of the Company (date on which consent shall not be unreasonably withheld), each of which shall thereafter be one of the Custodians under this Deposit Agreementsuch resignation is to become effective. If the Depositary receives notice that a Custodian is resigning and, upon the effectiveness of that such resignation there would shall be no Custodian acting under this Deposit Agreementhereunder, the Depositary shall, as promptly as practicable after receiving that such notice, appoint a substitute custodian or custodians, each of which shall thereafter be a Custodian under this Deposit Agreementhereunder. The Depositary in its discretion may appoint a substitute or additional custodian or custodians, each of which shall require thereafter be one of the Custodians hereunder. Upon demand of the Depositary any Custodian that resigns or is removed to shall deliver all such of the Deposited Securities held by it as are requested of it to another Custodianany other Custodian or such substitute or additional custodian or custodians. Each such substitute or additional custodian shall deliver to the Depositary, forthwith upon its appointment, an acceptance of such appointment satisfactory in form and substance to the Depositary.

Appears in 1 contract

Samples: Deposit Agreement (Bank of New York / Adr Division)

The Custodians. The Depositary has appointed Credit Suisse AG as a Custodian under this Deposit Agreement. The Custodian shall be subject at all times and in all respects to the directions of the Depositary and shall be responsible solely to it. Credit Suisse AG shall be The Depositary in its discretion may at any time appoint a sole Custodian under this Deposit Agreement so long as it continues to offer custodial services; the Depositary may appoint an substitute or additional custodian or custodians with the consent of the Company (which consent shall not be unreasonably withheld)custodians, each of which shall thereafter be one of the Custodians under this Deposit Agreement. If the Depositary receives notice that a Custodian is resigning and, upon the effectiveness of that resignation there would be no Custodian acting under this Deposit Agreement, the Depositary shall, as promptly as practicable after receiving that notice, appoint a substitute custodian or custodians, each of which shall thereafter be a Custodian under this Deposit Agreement. The Depositary shall require any Custodian that resigns or is removed to deliver all Deposited Securities held by it to another Custodian. The Depositary shall require each substitute or additional custodian to deliver to the Depositary, forthwith upon its appointment, an acceptance of such appointment satisfactory in form and substance to the Depositary.

Appears in 1 contract

Samples: Deposit Agreement (Bank of New York / Adr Division)

The Custodians. The Depositary has appointed Credit Suisse AG as a Custodian under this Deposit Agreement. The Custodian shall be subject at all times and in all respects to the directions of the Depositary and shall be responsible solely to it. Credit Suisse AG shall be The Depositary in its discretion may at any time appoint a sole Custodian under this Deposit Agreement so long as it continues to offer custodial services; the Depositary may appoint an substitute or additional custodian or custodians with the consent of the Company (which consent shall not be unreasonably withheld)custodians, each of which shall thereafter be one of the Custodians under this Deposit Agreement. If the Depositary receives notice that a Custodian is resigning and, upon the effectiveness of that resignation there would be no Custodian acting under this Deposit Agreement, the Depositary shall, as promptly as practicable after receiving that notice, appoint a substitute custodian or custodians, each of which shall thereafter be a Custodian under this Deposit Agreement. The Depositary shall require any Custodian that resigns or is removed to deliver all Deposited Securities held by it to another Custodian. The Depositary shall require each substitute or additional custodian it appoints to deliver to the Depositary, forthwith upon its appointment, an acceptance of such appointment satisfactory in form and substance to the Depositary. The Depositary shall notify the Company of any changes in Custodian, provided that the Company disclaims any obligation to communicate such changes to Owners.

Appears in 1 contract

Samples: Deposit Agreement (Bank of New York / Adr Division)

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