Cancellation and Destruction of Surrendered ADRs Sample Clauses

Cancellation and Destruction of Surrendered ADRs. All ADRs surrendered to the Depositary shall be cancelled by the Depositary. The Depositary is authorized to destroy ADRs so cancelled. Any ADSs held in book-entry form (i.e., through accounts at DTC) shall be deemed canceled when the Depositary causes the number of ADSs evidenced by the Balance Certificate to be reduced by the number of ADSs surrendered (without the need to physically destroy the Balance Certificate).

Cancellation and Destruction of Surrendered ADRs. Maintenance of Records 9 Section 2.11 Escheatment 10 Section 2.12 Partial Entitlement ADSs 10 Section 2.13 Certificated/Uncertificated ADSs 10 Section 2.14 Restricted ADSs 11 ARTICLE III CERTAIN OBLIGATIONS OF HOLDERS AND BENEFICIAL OWNERS OF ADSs 12 Section 3.1 Proofs, Certificates and Other Information 12 Section 3.2 Liability for Taxes and Other Charges 13 Section 3.3 Representations and Warranties on Deposit of Shares 13 Section 3.4 Compliance with Information Requests 13 Section 3.5 Ownership Restrictions 13 Section 3.6 Reporting Obligations and Regulatory Approvals 14 ARTICLE IV THE DEPOSITED SECURITIES 14 Section 4.1 Cash Distributions 14 Section 4.2 Distribution in Shares 14 Section 4.3 Elective Distributions in Cash or Shares 15 Section 4.4 Distribution of Rights to Purchase Additional ADSs 15 Section 4.5 Distributions Other Than Cash, Shares or Rights to Purchase Shares 17 Section 4.6 Distributions with Respect to Deposited Securities in Bearer Form 17 Section 4.7 Redemption 17 Section 4.8 Conversion of Foreign Currency 18 Section 4.9 Fixing of ADS Record Date 18 Section 4.10 Voting of Deposited Securities 19 Section 4.11 Changes Affecting Deposited Securities 20 Section 4.12 Available Information 20 Section 4.13 Reports 20 Section 4.14 List of Holders 20 Section 4.15 Taxation 20 ARTICLE V THE DEPOSITARY, THE CUSTODIAN AND THE COMPANY 21 Section 5.1 Maintenance of Office and Transfer Books by the Xxxxxxxxx 00 Section 5.2 Exoneration 22 Section 5.3 Standard of Care 22 Section 5.4 Resignation and Removal of the Depositary; Appointment of Successor Depositary 23 Section 5.5 The Custodian 24 Section 5.6 Notices and Reports 24 Section 5.7 Issuance of Additional Shares, ADSs, etc. 25 Section 5.8 Indemnification 26 Section 5.9 Fees and Charges of Depositary 26 Section 5.10 Pre-Release Transactions and Pre-Cancellation Transactions 27 Section 5.11 Restricted Securities Owners 28 ARTICLE VI AMENDMENT AND TERMINATION 28 Section 6.1 Amendment/Supplement 28 Section 6.2 Termination 29 ARTICLE VII MISCELLANEOUS 29 Section 7.1 Counterparts 29 Section 7.2 No Third-Party Beneficiaries 29 Section 7.3 Severability 30 Section 7.4 Holders and Beneficial Owners as Parties; Binding Effect 30 Section 7.5 Notices 30 Section 7.6 Governing Law and Jurisdiction 30 Section 7.7 Assignment 31 ii