European Depositary Receipt definition

European Depositary Receipt means a receipt issued pursuant to this Deposit Agreement in substantially the form of Exhibit B hereto.
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European Depositary Receipt. The term "
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European Depositary Receipt. , "Principal Office in London" and "Subdepositary" in Article 1 of the Original Deposit Agreement shall be deleted in their entirety from the Original Deposit Agreement.
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Examples of European Depositary Receipt in a sentence

  • When all coupons attached to a European Depositary Receipt have been exhausted, or notice published as provided in Section 7.04 regarding the exchange of talons, and upon the surrender of a talon, the Depositary shall deliver an additional supply of coupons and a new talon.

  • Title to a European Depositary Receipt (and to the European Depositary Shares evidenced thereby) and any talon or coupons appertaining thereto shall be transferable by delivery, and the Depositary and the Subdepositaries, notwithstanding any notice to the contrary, may treat the holder thereof from time to time as the absolute owner thereof for the purpose of determining the person entitled to distribution of dividends and other distributions and for all other purposes.

  • For the purpose of the foregoing sentence, the deliverable portion shall be determined on the basis of the aggregate number of shares of Stock represented by the entire amount of the American Depositary Shares and European Depositary Shares evidenced by such Receipt or Receipts and by any European Depositary Receipt or Receipts surrendered by the same holder at the same time.

  • In Hungary, the leading chemical company Borsodchem is using an European Depositary Receipt facility (EDR), allowing investors to trade its shares in euros.

  • This Receipt may be split into other Receipts or may be combined with other European Depositary Receipts into one European Depositary Receipt, evidencing the same aggregate number of European Depositary Shares as the Receipt or Receipts surrendered upon payment of any taxes and other charges contemplated by the last sentence of paragraph (10) hereof.

  • The Company hereby agrees to take all reasonable action which shall at any time be deemed necessary in order to enable the Depositary to vote or cause to be voted the amount of Stock or other Deposited Securities represented by every American Depositary Receipt or European Depositary Receipt, the record holder or the holder of which, respectively, shall have properly instructed the Depositary as aforesaid, in accordance with such instructions.

  • As of the Effective Date, definitions of the terms "Authorized Newspaper", "European Depositary Shares", "European Depositary Receipt", "Principal Office in London" and "Subdepositary" in Article 1 of the Original Deposit Agreement shall be deleted in their entirety from the Original Deposit Agreement.

  • This European Depositary Receipt shall not be entitled to any benefits under the Deposit Agreement or be valid or obligatory for any purpose, unless this European Depositary Receipt shall bear the manual or facsimile signature of a duly authorized officer of the Depositary and shall have been countersigned in its name by the manual signature of a duly, authorized officer thereof.

  • European Depositary Receipt (EDR)It is the European equivalent of ADRs. Similarly, EDRs are only listed on European stock exchanges and can only be traded in Europe.

  • Coupon from European Depositary Receipt No. CITIBANK, N.A. EXHIBIT C LEGEND TO BE INCLUDED ON FACE OF AMERICAN DEPOSITARY RECEIPT AND EUROPEAN DEPOSITARY RECEIPT SUBSCRIPTION RIGHTS: Offerings of rights to subscribe to additional underlying securities have been made under Japanese practice in substantial amounts, with a subscription price substantially below the current market price of the security.

Related to European Depositary Receipt

  • Depositary Receipt means a depositary receipt, issued by the Depositary or agents appointed by the Depositary in accordance with the Deposit Agreement, evidencing ownership of one or more Depositary Units.

  • American Depositary Receipt(s) “ADR(s)” and “Receipt(s)” shall mean the certificate(s) issued by the Depositary to evidence the American Depositary Shares issued under the terms of the Deposit Agreement in the form of Certificated ADS(s) (as hereinafter defined), as such ADRs may be amended from time to time in accordance with the provisions of the Deposit Agreement. An ADR may evidence any number of ADSs and may, in the case of ADSs held through a central depository such as DTC, be in the form of a “Balance Certificate.”

  • Depositary Receipts means those securities which are negotiable on the capital market and which represent ownership of the securities of a non-domiciled issuer while being able to be admitted to trading on a regulated market and traded independently of the securities of the non-domiciled issuer;

  • American Depositary Shares means the securities created under this Deposit Agreement representing rights with respect to the Deposited Securities. American Depositary Shares may be certificated securities evidenced by Receipts or uncertificated securities. The form of Receipt annexed as Exhibit A to this Deposit Agreement shall be the prospectus required under the Securities Act of 1933 for sales of both certificated and uncertificated American Depositary Shares. Except for those provisions of this Deposit Agreement that refer specifically to Receipts, all the provisions of this Deposit Agreement shall apply to both certificated and uncertificated American Depositary Shares. Each American Depositary Share shall represent the number of Shares specified in Exhibit A to this Deposit Agreement, except that, if there is a distribution upon Deposited Securities covered by Section 4.3, a change in Deposited Securities covered by Section 4.8 with respect to which additional American Depositary Shares are not delivered or a sale of Deposited Securities under Section 3.2 or 4.8, each American Depositary Share shall thereafter represent the amount of Shares or other Deposited Securities that are then on deposit per American Depositary Share after giving effect to that distribution, change or sale.

  • Common Depositary Notes means Notes that are deposited with a Common Depositary and that will clear and settle through the systems operated by Euroclear, Clearstream and/or any such other applicable clearing system other than DTC.

  • Depositary means, with respect to the Notes issuable or issued in whole or in part in global form, the Person specified in Section 2.03 hereof as the Depositary with respect to the Notes, and any and all successors thereto appointed as depositary hereunder and having become such pursuant to the applicable provision of this Indenture.

  • Foreign Depository means (a) Euroclear, (b) Clearstream Banking, societe anonyme, (c) each Eligible Securities Depository as defined in Rule 17f-7 under the Investment Company Act of 1940, as amended, identified to the Fund from time to time, and (d) the respective successors and nominees of the foregoing.

  • Depositary Shares means Depositary Shares, each representing 1/1,000 of a share of Stock and evidenced by a Receipt.

  • Common Depositary has the meaning specified in Section 304.

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

  • Depositary Bank means the first bank to take an item even though it is also the payor bank, unless the item is presented for immediate payment over the counter.

  • Depositary’s Office means the principal office of the Depositary at which at any particular time its depositary receipt business shall be administered.

  • Depositary Procedures means, with respect to any conversion, transfer, exchange or transaction involving a Global Note or any beneficial interest therein, the rules and procedures of the Depositary applicable to such conversion, transfer, exchange or transaction.

  • U.S. Depositary means, with respect to the Securities of any series issuable or issued in whole or in part in the form of one or more permanent global Securities, the person designated as U.S. Depositary by the Company pursuant to Section 2.03(b), which must be a clearing agency registered under the Exchange Act, until a successor U.S. Depositary shall have become such pursuant to the applicable provisions of this Indenture, and thereafter “U.S. Depositary” shall mean or include each person who is then a U.S. Depositary hereunder, and if at any time there is more than one such person, “U.S. Depositary” as used with respect to the Securities of any series shall mean the U.S. Depositary with respect to the Securities of such series.

  • Depositary Agent shall have the meaning set forth in Section 7(c) hereof.

  • Central Depository means Centrálny depozitár cenných papierov SR, a.s., with its registered seat at ul. 29. augusta 1/A, Bratislava 814 80, Slovak Republic, registered in the Commercial Register maintained by the District Court Bratislava I, Section: Sa, Insert No.: 493/B;

  • Depository The Depository Trust Company, or any successor Depository hereafter named. The nominee of the initial Depository for purposes of registering those Certificates that are to be Book-Entry Certificates is Cede & Co. The Depository shall at all times be a "clearing corporation" as defined in Section 8-102(a)(5) of the Uniform Commercial Code of the State of New York and a "clearing agency" registered pursuant to the provisions of Section 17A of the Securities Exchange Act of 1934, as amended.

  • Global Registered Receipts means a global registered Receipt registered in the name of a nominee of DTC.

  • Applicable Depositary Procedures means, with respect to any transfer or transaction involving a Global Security or beneficial interest therein, the rules and procedures of the Depositary for such Security, in each case to the extent applicable to such transaction and as in effect from time to time.

  • Common Depository has the meaning specified in Section 304(b).

  • Depositary Share means the security representing a 1/1,000th fractional interest in a share of Preferred Stock deposited with the Depositary hereunder and the same proportionate interest in any and all other property received by the Depositary in respect of such share of Preferred Stock and held under this Deposit Agreement, all as evidenced by the Receipts issued hereunder. Subject to the terms of this Deposit Agreement, each owner of a Depositary Share is entitled, proportionately, to all the rights, preferences and privileges of the Preferred Stock represented by such Depositary Share (including the dividend, voting, redemption and liquidation rights contained in the Certificate of Designations).

  • Foreign Securities Depository means a foreign securities clearing system qualifying as an Eligible Securities Depository (as defined in Section (b)(1) of Rule 17f-7 under the 0000 Xxx) that is listed on Schedule B annexed hereto, as amended from time to time pursuant to Section 4.5 hereof.

  • Global Receipt Depository means, with respect to any Receipt issued hereunder, DTC or such other entity designated as Global Receipt Depository by the Corporation in or pursuant to this Deposit Agreement, which entity must be, to the extent required by any applicable law or regulation, a clearing agency registered under the Securities Exchange Act of 1934, as amended.

  • Depositary Agreement The Letter of Representations, dated June 26, 2007 by and among DTC, the Trust and the Trustee. The Trustee is authorized to enter into the Depositary Agreement on behalf of the Trust.

  • European Clearing Systems means, collectively, Clearstream, Luxembourg and Euroclear.

  • Global Debenture shall have the meaning set forth in Section 2.4(a).