Restricted Units definition
Examples of Restricted Units in a sentence
The Restricted ADSs issued upon the deposit of Restricted Units shall be separately identified on the books of the Depositary and the Restricted Units so deposited shall, to the extent required by law, be held separate and distinct from the other Deposited Securities held hereunder.
The depositors of such Restricted Units and the Holders of the Restricted ADSs may be required prior to the deposit of such Restricted Units, the transfer of the Restricted ADRs and Restricted ADSs or the withdrawal of the Restricted Units represented by Restricted ADSs to provide such written certifications or agreements as the Depositary or the Company may require.
Upon receipt of a written request from the Company to accept Restricted Units for deposit hereunder, the Depositary agrees to establish procedures permitting the deposit of such Restricted Units and the issuance of ADSs representing the right to receive, subject to the terms of the Deposit Agreement and the applicable ADR (if issued as a Certificated ADS), such deposited Restricted Units (such ADSs, the “Restricted ADSs,” and the ADRs evidencing such Restricted ADSs, the “Restricted ADRs”).