Examples of Underlying ADS Shares in a sentence
The Company is not required, and upon the issuance and sale of the Offered Securities and the deposit with the Depositary of the Underlying ADS Shares as herein contemplated and the application of the net proceeds therefrom as described in the Registration Statement, the General Disclosure Package and the Prospectus will not be required, to register as an “investment company” under the Investment Company Act of 1940, as amended (the “1940 Act”).
The Shares and the Underlying ADS Shares have been duly and validly authorized and, when issued and paid for pursuant to this Agreement and the Deposit Agreement, will be validly issued, fully paid and nonassessable, and shall be free and clear of all encumbrances and restrictions (other than those created by the Investors), except for restrictions on transfer set forth in the Transaction Documents or imposed by applicable securities laws.
The Company will use its best efforts to effect and maintain the listing of the ADSs on the Nasdaq Capital Market and of the Ordinary Shares (including the Underlying ADS Shares) on Euronext.
The Company will use commercially reasonable efforts to maintain the listing of the Ordinary Shares (including the Underlying ADS Shares) on Euronext, and will comply with all laws and regulations applying to it due to the listing of the Ordinary Shares on Euronext.
At the Closing Time, the ADSs shall have been approved for listing on the Nasdaq Capital Market, and the Initial Shares and the Underlying ADS Shares shall have been approved for listing on Euronext, subject only to official notice of issuance.
At the Closing Time, the ADSs shall have been approved for listing on the Nasdaq Capital Market, and the Underlying ADS Shares shall have been approved for listing on Euronext, subject only to official notice of issuance.
Prior to the First Closing Date, the Company shall have taken all actions and made all necessary filings with Euronext and Euroclear France, and with the Depositary and DTC, to facilitate the transfer of the Underlying ADS Shares through Euroclear France and the Offered ADSs through DTC.
The Shares and the Underlying ADS Shares have been duly and validly authorized and, when issued and paid for pursuant to this Agreement and the Deposit Agreement, will be validly issued, fully paid and nonassessable, and shall be free and clear of all encumbrances and restrictions (other than those created by the Investors), except for restrictions on transfer imposed by applicable securities laws.