Common use of Distribution in Shares Clause in Contracts

Distribution in Shares. Whenever the Company intends to make a distribution that consists of a dividend in, or free distribution of, Shares, the Company shall give notice thereof to the Depositary at least fifteen (15) days prior to the proposed distribution,

Appears in 1 contract

Samples: Deposit Agreement (Reed Elsevier Nv)

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Distribution in Shares. Whenever the Company intends to make a distribution that consists of a dividend in, or free distribution of, Shares, the Company shall give notice thereof to the Depositary at least fifteen twenty (1520) days prior to the proposed distribution,, specifying, inter alia, the record date applicable to holders of Deposited Securities entitled to receive such distribution. Upon the timely receipt of such notice from the Company, the Depositary shall establish the ADS Record Date upon the terms described in Section 4.9. Upon receipt of confirmation from the Custodian of the receipt of the Shares so distributed by the Company, the Depositary shall either (i) subject to

Appears in 1 contract

Samples: Deposit Agreement (Citibank,N.A./ADR)

Distribution in Shares. Whenever the Company intends to make a distribution that consists of a dividend in, or free distribution of, Shares, the Company shall endeavor to give notice thereof to the Depositary at least fifteen twenty (1520) days prior to the proposed distribution,, specifying, inter alia, the record date applicable to holders of Deposited Securities entitled to receive such distribution. Upon the timely receipt of such notice from the Company, the Depositary shall establish the ADS Record Date upon the terms described in

Appears in 1 contract

Samples: Deposit Agreement (Iberdrola Renovables S.A. Unipersonal)

Distribution in Shares. Whenever the Company intends to make a distribution that consists of a dividend in, or free distribution of, Shares, the Company shall give notice thereof to the Depositary at least fifteen (15twenty(20) days prior to the proposed distribution (or such shorter period as the Depositary and the Company may mutually agree to from time to time), specifying, inter alia, the record date applicable to holders of Deposited Securities entitled to receive such distribution,.

Appears in 1 contract

Samples: Deposit Agreement (Citibank,N.A./ADR)

Distribution in Shares. Whenever the Company intends to make a distribution that consists of a dividend in, or free distribution of, Shares, the Company shall give notice thereof to the Depositary at least fifteen twenty (1520) days prior to the proposed distribution,, specifying, inter alia, the record date applicable to holders of Deposited Securities entitled to receive such distribution. Upon the timely receipt of such notice from the Company, the Depositary shall establish the ADS Record Date upon the terms described in Section 4.9. Upon receipt of confirmation from the Custodian of the receipt of the Shares so distributed by the

Appears in 1 contract

Samples: Deposit Agreement (Cathay Industrial Biotech Ltd.)

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Distribution in Shares. Whenever the Company intends to make a distribution that consists of a dividend in, or free distribution of, Shares, the Company shall give notice thereof to the Depositary at least fifteen twenty (1520) days (or such other number of days as mutually agreed to in writing by the Depositary and the Company) prior to the proposed distribution,, specifying, inter alia, the record date applicable to holders of Deposited Securities entitled to receive such distribution. Upon the timely receipt of such notice from the Company, the Depositary shall establish the ADS Record Date upon the terms described in Section 4.9.

Appears in 1 contract

Samples: Deposit Agreement (Zai Lab LTD)

Distribution in Shares. Whenever the Company intends to make a distribution that consists of a dividend in, or free distribution of, Shares, the Company shall give notice thereof to the Depositary at least fifteen twenty (1520) days prior to the proposed distribution,, specifying, inter alia , the record date applicable to holders of Deposited Securities entitled to receive such distribution. Upon the timely receipt of such notice from the Company, the Depositary shall establish the ADS Record Date upon the terms described in Section 4.9. Upon receipt of confirmation from the Custodian of the receipt of the Shares so distributed by the Company, the Depositary shall either

Appears in 1 contract

Samples: Deposit Agreement

Distribution in Shares. Whenever the Company intends to make a distribution that consists of a dividend in, or free distribution of, Shares, the Company shall give notice thereof to the Depositary at least fifteen fourteen (1514) days prior to the proposed distribution,, specifying, inter alia, the record date

Appears in 1 contract

Samples: Deposit Agreement (Home Retail Group)

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