Common use of Transfer, Combination and Split-up of ADRs Clause in Contracts

Transfer, Combination and Split-up of ADRs. Subject to the terms and conditions of the Agreement, the Depositary shall, upon surrender of an ADR or ADRs in form satisfactory to the Depositary at the Depositary's Office (a) for the purpose of transfer, if such ADRs are accompanied by such instruments of transfer as the Depositary may require and are stamped as may be required by law, register the transfer of such ADRs on the Register and execute and deliver new ADRs to or upon the order of the person entitled thereto; and (b) for the purpose of effecting a split-up or combination, execute and deliver a new ADR or ADRs in such denominations as may be requested, evidencing the same aggregate number of ADRs as the ADRs surrendered.

Appears in 2 contracts

Samples: Deposit Agreement (Iona Technologies PLC), Deposit Agreement (Iona Technologies PLC)

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Transfer, Combination and Split-up of ADRs. Subject to the terms and conditions of the this Agreement, the Depositary shall, upon surrender of an ADR or ADRs in form satisfactory to the Depositary at the Depositary's Corporate Trust Office (ai) for the purpose of transfer, if such ADRs are accompanied by such instruments of transfer as the Depositary may require and are stamped as may be required by law, register the transfer of such ADRs on the Register and execute and deliver new ADRs to or upon the order of the person entitled thereto; and (bii) for the purpose of effecting a split-up or combination, execute and deliver a new ADR or ADRs in such denominations as may be requested, evidencing the same aggregate number of ADRs as the ADRs surrendered.

Appears in 1 contract

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

Transfer, Combination and Split-up of ADRs. Subject to the terms and conditions of the this Agreement, the Depositary shall, upon surrender of an ADR or ADRs in form satisfactory to the Depositary at the Depositary's Office (a) for the purpose of transfer, if such ADRs are accompanied by such instruments of transfer as the Depositary may require and are stamped as may be required by law, register the transfer of such ADRs on the Register and execute and deliver new ADRs to or upon the order of the person entitled thereto; and (b) for the purpose of effecting a split-up or combination, execute and deliver a new ADR or ADRs in such denominations as may be requested, evidencing the same aggregate number of ADRs as the ADRs surrendered.

Appears in 1 contract

Samples: Deposit Agreement (C&c Group PLC)

Transfer, Combination and Split-up of ADRs. Subject to the terms and conditions of the this Agreement, the Depositary shall, upon surrender of an ADR or ADRs in form satisfactory to the Depositary at the Depositary's Office (ai) for the purpose of transfer, if such ADRs are accompanied by such instruments of transfer as the Depositary may require and are stamped as may be required by law, register the transfer of such ADRs on the Register and execute and deliver new ADRs to or upon the order of the person entitled thereto; and (bii) for the purpose of effecting a split-up or combination, execute and deliver a new ADR or ADRs in such denominations as may be requested, evidencing the same aggregate number of ADRs as the ADRs surrendered.

Appears in 1 contract

Samples: Deposit Agreement (Osterreichische Elektrizitatswirtschafts /Fi)

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Transfer, Combination and Split-up of ADRs. Subject to the terms and conditions of the this Agreement, the Depositary shall, upon surrender of an ADR or ADRs in form satisfactory to the Depositary at the Depositary's Office (ai) for the purpose of transfer, if such ADRs are accompanied by such instruments of transfer as the Depositary may require and are stamped as may be required by law, register the transfer of such ADRs on the Register Register, cancel the ADR or ADRs so delivered and execute and deliver new ADRs to or upon the order of the person entitled thereto; and (bii) for the purpose of effecting a split-up or combination, cancel the ADRs so delivered and execute and deliver a new ADR or ADRs in such denominations as may be requested, evidencing the same aggregate number of ADRs ADSs as the ADRs surrendered.

Appears in 1 contract

Samples: Deposit Agreement (Deutsche Telekom Ag)

Transfer, Combination and Split-up of ADRs. Subject to the terms and conditions of the this Agreement, the Depositary shall, upon surrender of an ADR or ADRs in form satisfactory to the Depositary at the Depositary's Depositarys Office (ai) for the purpose of transfer, if such ADRs are accompanied by such instruments of transfer as the Depositary may require and are stamped as may be required by law, register the transfer of such ADRs on the Register and execute and deliver new ADRs to or upon the order of the person entitled thereto; and (bii) for the purpose of effecting a split-up or combination, execute and deliver a new ADR or ADRs in such denominations as may be requested, evidencing the same aggregate number of ADRs as the ADRs surrendered.

Appears in 1 contract

Samples: Ag Deposit Agreement (Osterreichische Elektrizitatswirtschafts /Fi)

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