Examples of Restricted ADR(s) in a sentence
Nothing contained herein shall obligate the Depositary to treat Holders of Restricted ADR(s) on terms more favorable than those accorded to Holders of ADRs under the Deposit Agreement.
The Restricted ADR(s) shall contain the following legend: "THIS RESTRICTED DEPOSITARY RECEIPT HAS BEEN ISSUED PURSUANT, AND IS SUBJECT, TO THE TERMS OF THE LETTER AGREEMENT, DATED AS OF OCTOBER 1, 2003 (THE "LETTER AGREEMENT"), BY AND BETWEEN THE DEPOSITARY AND SIFY LIMITED (THE "COMPANY").
Except as contemplated in the Deposit Agreement and this letter agreement and except as required by applicable law, the Restricted ADR(s) and the Restricted ADSs evidenced thereby shall, to the maximum extent permitted by law and to the maximum extent practicable, be treated as ADRs and ADSs issued and outstanding under the terms of the Deposit Agreement that are not “Restricted ADRs” and “Restricted ADSs,” respectively, on terms not less favorable than those afforded to such ADSs and ADRs .
If the Depositary does not receive a duly signed Purchaser’s Receipt (substantially in the form of Exhibit B hereto) within fourteen (14) calendar days following the Purchaser’s receipt of the Restricted ADR(s) evidencing the Restricted ADSs, the Depositary shall take no action, and shall incur no liability for failing to any take any action, in respect of such Restricted ADSs (i.e., distributions of dividends, transfers, etc.).
Devonshire, telephone 200-000-0000, Reference: Sxxxxxx Infoway DR Issuance Fee) of an ADS issuance fee of $0.02 per Restricted ADS issued and taxes and expenses otherwise payable under the terms of the Deposit Agreement upon the deposit of Shares and the issuance of ADSs and (iv) receipt of written instructions of the Company to release the Restricted ADR(s), evidencing the Restricted.