Common use of Combination & Split Up Clause in Contracts

Combination & Split Up. The Depositary, subject to the terms and conditions of this Deposit Agreement, shall upon surrender of a Receipt or Receipts for the purpose of effecting a split-up or combination of such Receipt or Receipts, execute and deliver a new Receipt or Receipts for any authorized number of ADSs requested, evidencing the same aggregate number of ADSs as the Receipt or Receipts surrendered.

Appears in 3 contracts

Samples: Deposit Agreement (Delhaize Group), Deposit Agreement (Delhaize Group), Deposit Agreement (Delhaize Group)

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Combination & Split Up. The Depositary, subject to the terms and conditions of this Deposit AgreementAgreement shall, shall upon surrender of a Receipt or Receipts for the purpose of effecting a split-up or combination of such Receipt or ReceiptsReceipts and upon payment to the Depositary of the applicable fees and charges set forth in Section 5.9 and Article (10) of the Receipt, execute and deliver Deliver a new Receipt or Receipts for any authorized number of ADSs requested, evidencing the same aggregate number of ADSs as the Receipt or Receipts surrendered.

Appears in 2 contracts

Samples: Deposit Agreement (Deutsche Bank Trust Co Americas/ ADR Group), Deposit Agreement (Votorantim Cimentos S.A.)

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