ADS Custodian definition

ADS Custodian means the person then acting as custodian under the Deposit Agreement. The ADS Custodian as of the Issue Date is The Bank of New York Mellon.

ADS Custodian means JPMorgan Chase Bank, N.A., with respect to the ADSs delivered pursuant to the Deposit Agreement, or any successor entity thereto.

ADS Custodian means Deutsche Bank AG, Hong Kong Branch, with respect to the ADSs delivered pursuant to the Unrestricted Deposit Agreement or the Restricted Deposit Agreement, as applicable, or any successor entity thereto.

Examples of ADS Custodian in a sentence

• The preemptive rights to subscribe for the New Common Shares, including the preemptive rights granted to the ADS Custodian, may be freely assigned to third parties or to another shareholder(s) pursuant to Article 171, paragraph 6 of Law No. 6,404/76.

• The Company shall provide, free from preferential subscription rights, Ordinary Shares to provide for conversion of the Notes and the deposit of such Ordinary Shares with the ADS Custodian from time to time as such Notes are presented for conversion (assuming that at the time of computation of such number of shares, all such Notes would be converted by a single Holder).

• Related Party Transactions—Agreements Related to the Spin-Off.” On December 31, 2020, an extraordinary general shareholders’ meetings of CBD and Sendas approved the distribution of substantially all of the issued and outstanding Sendas common shares will be distributed to holders of CBD common shares, including the CBD ADS Custodian, on a pro rata basis for no consideration.

• Each holder of CBD common shares, including the CBD ADS Custodian, will receive one Sendas common share for each CBD common share held at close of trading on the B3 on February 26, 2021 (the “Brazilian Record Date”).

• If you are a U.S. holder of Shares, Purchaser will pay any fees of the ADS Custodian associated with exchanging your Shares for ADSs to be tendered in the U.S. Offer.

More Definitions of ADS Custodian

ADS Custodian means Citibank, N.A., with respect to the ADSs delivered pursuant to the Deposit Agreement, or any successor entity thereto.

ADS Custodian means The Bank of New York Mellon, with respect to the ADSs delivered pursuant to the Deposit Agreement, or any successor entity thereto.

ADS Custodian means the “Custodian” as defined in the Deposit Agreement.

ADS Custodian means the “Custodian,” as defined in the Deposit Agreement.

ADS Custodian means Citibank, N.A., with respect to the Deposit Agreement, or any successor thereto. “ADS Depositary” means Citibank, N.A., as depositary for the ADSs.

ADS Custodian means Citibank N.A. (London), as custodian under the Deposit Agreement;

ADS Custodian means The Hongkong and Shanghai Banking Corporation Limited, with respect to the ADSs delivered pursuant to the Deposit Agreement, or any successor entity thereto.