Common use of Combination & Split Up Clause in Contracts

Combination & Split Up. The Registrar shall register the split-up or combination of this Rule 144A GDR Certificate (and of the Rule 144A GDRs evidenced hereby) on the books maintained for such purpose and the Depositary shall cancel this Rule 144A GDR Certificate and execute new Rule 144A GDR Certificates for the number of Rule 144A GDRs requested, but in the aggregate not exceeding the number of Rule 144A GDRs evidenced by this Rule 144A GDR Certificate canceled by the Depositary, shall cause the Registrar to countersign such new Rule 144A GDR Certificates, and shall Deliver such new Rule 144A GDR Certificates to or upon the order of the person entitled thereto, if each of the following conditions has been satisfied: (i) this Rule 144A GDR Certificate has been duly Delivered by the Holder (or by a duly authorized attorney of the Holder) to the Depositary at the Principal New York Office or Principal London Office of the Depositary for the purpose of effecting a split-up or combination thereof, and (ii) all applicable fees and charges of, and expenses incurred by, the Depositary and all applicable taxes and governmental charges (as set forth in paragraph (8) of this Rule 144A GDR Certificate) have been paid, subject, however, in each case, to the terms and conditions of the applicable Rule 144A GDR Certificates, of the Rule 144A Deposit Agreement and of applicable law, in each case, as in effect at the time thereof.

Appears in 1 contract

Samples: Regulation S Deposit Agreement (Joint Stock Co Sitronics)

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Combination & Split Up. The Registrar shall register the split-up or combination of this Rule 144A Regulation S GDR Certificate (and of the Rule 144A Regulation S GDRs evidenced hereby) on the books maintained for such purpose and the Depositary shall cancel this Rule 144A Regulation S GDR Certificate and execute new Rule 144A Regulation S GDR Certificates for the number of Rule 144A Regulation S GDRs requested, but in the aggregate not exceeding the number of Rule 144A Regulation S GDRs evidenced by this Rule 144A Regulation S GDR Certificate canceled by the Depositary, shall cause the Registrar to countersign such new Rule 144A Regulation S GDR Certificates, and shall Deliver such new Rule 144A Regulation S GDR Certificates to or upon the order of the person entitled thereto, if each of the following conditions has been satisfied: (i) this Rule 144A Regulation S GDR Certificate has been duly Delivered by the Holder (or by a duly duly- authorized attorney of the Holder) to the Depositary at the Principal New York Office or Principal London Office of the Depositary for the purpose of effecting a split-up or combination thereof, and (ii) all applicable fees and charges of, and expenses incurred by, the Depositary and all applicable taxes and governmental charges (as set forth in paragraph (8) of this Rule 144A Regulation S GDR Certificate) have been paid, subject, however, in each case, to the terms and conditions of the applicable Rule 144A Regulation S GDR Certificates, of the Rule 144A Regulation S Deposit Agreement and of applicable law, in each case, as in effect at the time thereof.

Appears in 1 contract

Samples: Regulation S Deposit Agreement (Joint Stock Co Sitronics)

Combination & Split Up. The Registrar shall register the split-up or combination of this Rule 144A Regulation S GDR Certificate Certificates (and of the Rule 144A Regulation S GDRs evidenced herebyrepresented thereby) on the books maintained for such purpose and the Depositary shall cancel this Rule 144A Regulation S GDR Certificate Certificates and execute new Rule 144A Regulation S GDR Certificates for the number of Rule 144A Regulation S GDRs requested, but in the aggregate not exceeding the number of Rule 144A Regulation S GDRs evidenced by this Rule 144A the Regulation S GDR Certificate Certificates canceled by the Depositary, shall cause the Registrar to countersign such new Rule 144A Regulation S GDR Certificates, and shall Deliver such new Rule 144A Regulation S GDR Certificates to or upon the order of the person entitled thereto, if each of the following conditions has been satisfied: (i) this Rule 144A the Regulation S GDR Certificate has Certificates have been duly Delivered by the Holder (or by a duly duly-authorized attorney of the Holder) to the Depositary at the Principal New York Office or Principal London Office of the Depositary for the purpose of effecting a split-up or combination thereof, and (ii) all applicable fees and charges of, and expenses incurred by, the Depositary and all applicable taxes and governmental charges (as set forth in paragraph (8) of this Rule 144A GDR CertificateSection 5.5 hereof and Exhibit B hereto) have been paid, subject, however, in each case, to the terms and conditions of the applicable Rule 144A Regulation S GDR Certificates, of the Rule 144A this Regulation S Deposit Agreement and of applicable law, in each case, as in effect at the time thereof.

Appears in 1 contract

Samples: Regulation S Deposit Agreement (Joint Stock Co Sitronics)

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Combination & Split Up. The Registrar shall register the split-up or combination of this Rule 144A GDR Certificate Certificates (and of the Rule 144A GDRs evidenced herebyrepresented thereby) on the books maintained for such purpose and the Depositary shall cancel this Rule 144A GDR Certificate Certificates and execute new Rule 144A GDR Certificates for the number of Rule 144A GDRs requested, but in the aggregate not exceeding the number of Rule 144A GDRs evidenced by this the Rule 144A GDR Certificate Certificates canceled by the Depositary, shall cause the Registrar to countersign such new Rule 144A GDR Certificates, and shall Deliver such new Rule 144A GDR Certificates to or upon the order of the person entitled thereto, if each of the following conditions has been satisfied: (i) this the Rule 144A GDR Certificate has Certificates have been duly Delivered by the Holder (or by a duly authorized attorney of the Holder) to the Depositary at the Principal New York Office or Principal London Office of the Depositary for the purpose of effecting a split-up or combination thereof, and (ii) all applicable fees and charges of, and expenses incurred by, the Depositary and all applicable taxes and governmental charges (as set forth in paragraph (8) of this Rule 144A GDR CertificateSection 5.5 hereof and Exhibit B hereto) have been paid, subject, however, in each case, to the terms and conditions of the applicable Rule 144A GDR Certificates, of the this Rule 144A Deposit Agreement and of applicable law, in each case, as in effect at the time thereof.

Appears in 1 contract

Samples: Regulation S Deposit Agreement (Joint Stock Co Sitronics)

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