Entitlement Certificate(s) definition

Entitlement Certificate(s) and "ECs" shall mean the scrip known as "Certificates Exchangeable for Shares" to be issued to holders of Bonds in connection with the exercise of conversion or exchange rights of the Bonds. Entitlement Certificates evidence the irrevocable right to receive Shares from the Company after completion of the necessary corporate amendment registration by the Company.
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Examples of Entitlement Certificate(s) in a sentence

  • Such representations and warranties shall survive the deposit of Entitlement Certificates, the issuance and cancellation of Temporary EC ADSs in respect thereof and the transfer of such Temporary EC ADSs. If any such representations or warranties are false in any way, the Company and Depositary shall be authorized, at the cost and expense of the person depositing, Shares, Certificates of Payment or Entitlement Certificates, to take any and all actions necessary to correct the consequences thereof.

  • Temporary COP ADSs, Temporary EC ADSs, Certificate of Payment and Entitlement Certificates shall not be eligible for Pre-Release Transactions hereunder.

  • The infrastructure has been sized and configured to support the number of subscribed users specified in the Entitlement Certificate(s).

  • The number of named user subscriptions is documented in the associated Entitlement Certificate(s).

  • The Company undertakes to make Shares available for exchange for Entitlement Certificates in the manner provided under the terms of the relevant Bonds, as described in the relevant Trust Deed, as soon as possible after the issuance of the Entitlement Certificates and to provide timely notice thereof to the Depositary.

  • Such representations and warranties shall survive the deposit of Entitlement Certificates, the issuance and cancellation of Temporary EC ADSs in respect thereof and the transfer of such Temporary EC ADSs. If any such representations or warranties are false in any way, the Company and the Depositary shall be authorized, at the cost and expense of the person depositing Shares, Certificates of Payment or Entitlement Certificates, to take any and all actions necessary to correct the consequences thereof.

  • Upon receipt by the Depositary of Shares in exchange for Entitlement Certificates, Temporary EC ADSs representing such Entitlement Certificates shall be automatically exchanged for Share ADSs representing such Shares.

  • Notwithstanding anything in this Deposit Agreement to the contrary, the Depositary shall have no obligation to any party to exchange Temporary EC ADSs for Share ADSs as provided herein unless and until, upon delivery by the Depositary of the related Entitlement Certificates, the Company shall have delivered Shares in respect thereof to the Depositary.

  • You must include in your Solution any additional licensed materials and Proof of Entitlement Certificates we provide to you.

  • The Depositary shall thereupon surrender any Entitlement Certificates then eligible for exchange with the Company and the Company shall deliver Shares to the Depositary in exchange therefor.