Master Receipt definition
Examples of Master Receipt in a sentence
No. Proposed Installed by Maintained by (▇▇▇▇) Effective from: Through: Additionally, all Points of Receipt on Panhandle’s Master Receipt Point List, as posted and as updated from time to time, are/are not incorporated by reference herein.
The Depositary will charge each person to whom Receipts are delivered against deposits of Shares, and each person surrendering Rule 144A ADSs for withdrawal of Deposited Securities in either case whether the Rule 144A ADSs are in certificated form or in the form of a Master Receipt, U.S. $5.00 for each 100 Rule 144A American Depositary Shares (or portion thereof) evidenced by the Receipts delivered or surrendered.
Subject to the receipt of such notification from the Custodian, the Selling Shareholders will procure that the Depositary delivers the Master Receipt (as such term is used in the Deposit Agreement) evidencing all the Firm Shares in the form of ADSs and in the respective proportions notified by the Settlement Manager, to or to the order of the Settlement Manager, on behalf of the Underwriters and appropriate entries shall be made in the registers maintained by the Depositary for this purpose.
The Master Receipt shall provide that it shall evidence the aggregate number of Rule 144A American Depositary Shares so indicated in the records of the Depositary and that the aggregate number of Rule 144A American Depositary Shares represented thereby may be increased or decreased from time to time by making adjustments on such records of the Depositary and of DTC or its nominee as hereinafter provided.
Each of the Company, the Depositary and its agents assumes no obligation and shall be subject to no liability under the Rule 144A Deposit Agreement or this Receipt to Holders, any owner of a beneficial interest in the Master Receipt or other persons, except to perform such obligations as are specifically set forth and undertaken by it to perform in the Rule 144A Deposit Agreement without gross negligence or bad faith.
UGS Master Receipt XXXXX ▇▇▇▇ ▇▇▇▇▇ Bank of America Unisource Worldwide Inc.
Citibank, N.A., its agent or such other entity as is agreed with DTC, may hold the Master Receipt as custodian for DTC.
All Receipt Points on Transporter's system will be included on a Master Receipt Point List and shall be available as Receipt Points hereunder.
Any secondary receipt point on Pipeline's current Master Receipt and Delivery Point List.
The Master Receipt shall be endorsed with a legend in such form as is required by DTC in order for it to accept the Rule 144A ADSs for its book-entry settlement system.