Restricted Share definition
Examples of Restricted Share in a sentence
The Company hereby agrees that, notwithstanding anything to the contrary in the Deposit Agreement, the Company shall not deliver to the Depositary or the Custodian, and the Depositary shall not be required to accept under any circumstances (i) any fraction of a Restricted Share, nor (ii) a number of Restricted Shares that, upon application of the ADS-to-Share ratio, would give rise to a fraction of a Restricted ADS.
Nothing contained in this Restricted ADS Letter Agreement shall in any way obligate the Depositary, or give authority to the Depositary, to accept (i) any Restricted Share Deposits for RADS Issuances other than as described in this Restricted ADS Letter Agreement and in the applicable RADS Series Supplement, or (ii) any ADS Deliveries for RADS Conversions as described in this Restricted ADS Letter Agreement and in the applicable RADS Series Supplement.