ADS Agent definition
Examples of ADS Agent in a sentence
Notwithstanding any other provision to this Agreement, VIH, Holdco, Merger Sub, the Target Company and the ADS Agent (and their respective Representatives), as applicable, shall be entitled to deduct and withhold from any amount payable pursuant to this Agreement such Taxes that are required to be deducted and withheld from such amounts under the U.S. Internal Revenue Code or any other applicable Law.
The Company ADS Agent shall distribute the Company ADSs to the Company ADS Recipients in accordance with this Section 2.7 and the Deposit Agreement.
The Company ADS Agent shall not be entitled to vote or exercise any rights of ownership with respect to Company ADSs held by it from time to time hereunder, except that it shall receive and hold all dividends or other distributions paid or distributed with respect thereto for the account of Company ADS holders entitled thereto.
The Company ADS Agent shall distribute the Company ADSs to either the Exchange Agent or the Company ADS Recipients and the Company AD Warrants to either the Exchange Agent or the Company AD Warrant Recipients, as applicable and as directed by the Company, in accordance with this Section 2.09 and the Deposit Agreement.
The Company ADSs shall be accepted into the Depositary Trust Company, and each Company ADS Recipient and each Exercising Warrantholder shall be entitled to receive a book-entry authorization representing the number of Company ADSs that such holder has the right to receive pursuant to this Article I, unless a physical ADR is required by applicable Law, in which case the Company ADS Agent shall send such physical ADR to such Person promptly in accordance with the Company ADS Agent Agreement.
The ListCo Class A ADSs shall be accepted into the DTC, and each Exercising Warrantholder shall be entitled to receive a book-entry authorization representing the number of ListCo Class A ADSs that such holder has the right to receive pursuant to this Section 2.04(c), unless physical ListCo Class A ADSs are required by applicable Law, in which case the ListCo ADS Agent shall promptly send such physical ListCo Class A ADSs to such Exercising Warrantholder in accordance with the ListCo Warrant Agreement.
The ADS Agent shall not be entitled to vote or exercise any rights of ownership with respect to Holdco Class A ADSs held by it from time to time hereunder, except that it shall receive and hold all dividends or other distributions paid or distributed with respect thereto for the account of Holdco Class A ADS holders entitled thereto.
The ListCo ADS Agent shall distribute the ListCo Class A ADSs to the ListCo Class A ADS Recipients and the ListCo Class C-1 ADSs and ListCo Class C-2 ADSs to the ListCo Class C-1 ADS Recipients and the ListCo Class C-2 ADS Recipients, respectively, or the ListCo AD Warrant to the ListCo AD Warrant Recipients, as applicable, in accordance with this Section 2.04 and the Deposit Agreement.
Prior to the Closing, the Company shall enter into an agreement with the Company ADS Agent, in form and substance reasonably satisfactory to the Company and Malacca, to effect the applicable terms of this Agreement (the “Company ADS Agent Agreement”).