Common use of Fees, Charges and Expenses Clause in Contracts

Fees, Charges and Expenses. The Company shall pay all transfer and other taxes and governmental charges arising solely from the existence of the depositary arrangements. The Company shall pay all charges of the Depositary in connection with the initial deposit of the Preferred Stock and the initial issuance of the Depositary Shares and any redemption of the Preferred Stock at the option of the Company. All other transfer and other taxes and governmental charges and fees for the withdrawal of Preferred Stock upon surrender of Receipts shall be at the expense of holders of Depositary Shares. The Depositary may refuse to effect any transfer of a Receipt or any withdrawal of shares of Preferred Stock evidenced thereby until all such taxes and charges with respect to such Receipt or shares of Preferred Stock are paid by the holder thereof If, at the request of a holder of Receipts, the Depositary incurs charges or expenses for which it is not otherwise liable hereunder, such holder will be liable for such charges and expenses, provided, however, that the Depositary need not incur such charges or expenses if repayment of such amounts is not reasonably assured to it All other charges and expenses of the Depositary and any Depositary’s Agent hereunder and of any Registrar and Transfer Agent (including, in each case, fees and expenses of counsel) incident to the performance of their respective obligations hereunder will be paid upon consultation and agreement between the Depositary and the Company as to the amount and nature of such charges and expenses. The Depositary shall present its statement for charges and expenses to the Company once every three months or at such other intervals as the Company and the Depositary may agree.

Appears in 16 contracts

Samples: Deposit Agreement (Jpmorgan Chase & Co), Deposit Agreement (Jpmorgan Chase & Co), Deposit Agreement (Jpmorgan Chase & Co)

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Fees, Charges and Expenses. The Company shall pay all transfer and other taxes and governmental charges arising solely from the existence of the depositary arrangements. The Company shall pay all charges of the Depositary in connection with the initial deposit of the Preferred Stock and the initial issuance of the Depositary Shares and any redemption of the Preferred Stock at the option of the Company. All other transfer and other taxes and governmental charges and fees for the withdrawal of Preferred Stock upon surrender of Receipts shall be at the expense of holders of Depositary Shares. The Depositary may refuse to effect any transfer of a Receipt or any withdrawal of shares of Preferred Stock evidenced thereby until all such taxes and charges with respect to such Receipt or shares of Preferred Stock are paid by the holder thereof thereof. If, at the request of a holder of Receipts, the Depositary incurs charges or expenses for which it is not otherwise liable hereunder, such holder will be liable for such charges and expenses, provided, however, that the Depositary need not incur such charges or expenses if repayment of such amounts is not reasonably assured to it it. All other charges and expenses of the Depositary and any Depositary’s Agent hereunder and of any Registrar and Transfer Agent (including, in each case, fees and expenses of counsel) incident to the performance of their respective obligations hereunder will be paid upon consultation and agreement between the Depositary and the Company as to the amount and nature of such charges and expenses. The Depositary shall present its statement for charges and expenses to the Company once every three months or at such other intervals as the Company and the Depositary may agree.

Appears in 11 contracts

Samples: Deposit Agreement (Jpmorgan Chase & Co), Deposit Agreement (Jpmorgan Chase & Co), Deposit Agreement (Jpmorgan Chase & Co)

Fees, Charges and Expenses. No charges and expenses of the Depositary or any Depositary’s Agent hereunder shall be payable by any person, except as provided in this Section 5.7. The Company shall pay all transfer and other taxes and governmental charges arising solely from the existence of the depositary arrangementsthis Deposit Agreement. The Company shall also pay all charges fees and expenses of the Depositary in connection with the initial deposit of the Preferred Stock Shares and the initial issuance of the Depositary Shares and evidenced by the Receipts, any redemption of the Preferred Stock Shares at the option of the Company. All other transfer Company and other taxes and governmental charges and fees for all withdrawals of the withdrawal of Preferred Stock upon surrender of Receipts shall be at the expense of Shares by holders of Depositary Shares. The Depositary may refuse to effect any transfer of a Receipt or any withdrawal of shares of Preferred Stock evidenced thereby until all such taxes and charges with respect to such Receipt or shares of Preferred Stock are paid by the holder thereof If, at the request of If a holder of ReceiptsReceipts requests the Depositary to perform duties not required under this Deposit Agreement, the Depositary incurs charges or expenses for which it is not otherwise liable hereunder, shall notify the holder of the cost of the performance of such duties prior to the performance thereof. Such holder will be liable for such the charges and expenses, provided, however, that the Depositary need not incur expenses related to such charges or expenses if repayment of such amounts is not reasonably assured to it performance. All other charges fees and expenses of the Depositary and any Depositary’s Agent hereunder and of any Registrar and Transfer Agent (including, in each case, fees and expenses of counsel) incident to the performance of their respective obligations hereunder will be promptly paid upon consultation and agreement as previously agreed between the Depositary and the Company as to the amount and nature of such charges and expensesCompany. The Depositary shall present its statement for charges fees and expenses to the Company once every three months month or at such other intervals as the Company and the Depositary may agree.

Appears in 6 contracts

Samples: Deposit Agreement (Duke Realty Corp), Deposit Agreement (Duke Realty Corp), Deposit Agreement (Duke Realty Corp)

Fees, Charges and Expenses. The Company shall Corporation agrees promptly to pay the Depositary, the Depositary’s Agent, the Registrar and the Transfer Agent compensation for all transfer services to be agreed upon with the Corporation and rendered by them hereunder in accordance with a fee schedule to be mutually agreed upon and, from time to time, as promptly as practicable after demand of the Depositary, to reimburse the Depositary, the Depositary’s Agent, the Transfer Agent, the Registrar any dividend disbursement agent and any redemption agent for all of its reasonable and documented expenses (including the reasonable and documented fees and expenses for one outside counsel) and other taxes disbursements incurred in the exercise and governmental charges arising solely from the existence performance of the depositary arrangementsits duties hereunder. The Company Corporation shall pay all charges of the Depositary in connection with the initial deposit of the Preferred Stock and the initial issuance of the Depositary Shares Shares, all withdrawals of shares of Preferred Stock by owners of Depositary Shares, and any redemption or exchange of the Preferred Stock at the option of the CompanyCorporation. The Corporation shall pay all transfer and other similar taxes and governmental charges arising solely from the existence of the depositary arrangements. All other transfer and other similar taxes and governmental charges and fees for the withdrawal of Preferred Stock upon surrender of Receipts shall be at the expense of holders Holders of Depositary SharesShares evidenced by Receipts. The Depositary may refuse to effect any transfer of a Receipt or any withdrawal of shares of Preferred Stock evidenced thereby until all such taxes and charges with respect to such Receipt or shares of Preferred Stock are paid by the holder thereof If, at the request of a holder Holder of Receipts, the Depositary incurs charges or expenses for which it the Corporation is not otherwise liable hereunder, such holder Holder will be liable for such charges and expenses, ; provided, however, that the Depositary need not may, at its sole option, require a Holder of a Receipt to prepay the Depositary any charge or expense the Depositary has been asked to incur such charges or expenses if repayment at the request of such amounts is not reasonably assured to it All other charges and expenses Holder of the Depositary and any Depositary’s Agent hereunder and of any Registrar and Transfer Agent (including, in each case, fees and expenses of counsel) incident to the performance of their respective obligations hereunder will be paid upon consultation and agreement between the Depositary and the Company as to the amount and nature of such charges and expensesReceipts. The Depositary shall present its statement for charges and expenses to the Company once every three months or Corporation at such other intervals as the Company Corporation and the Depositary may agree. The obligations of the Corporation and the rights of the Depositary, the Depositary’s Agent, Transfer Agent or Registrar under this Section 5.7 shall survive the replacement, removal, resignation or any succession of any Depositary, Registrar, Transfer Agent or Depositary’s Agent or termination of this Agreement.

Appears in 6 contracts

Samples: Deposit Agreement (Selective Insurance Group Inc), Deposit Agreement (Selective Insurance Group Inc), Deposit Agreement (American Equity Investment Life Holding Co)

Fees, Charges and Expenses. No charges and expenses of the Depositary or any Depositary's Agent hereunder shall be payable by any person, except as provided in this Section 5.7. The Company shall pay all transfer and other taxes and governmental charges arising solely from the existence of the depositary arrangementsthis Deposit Agreement. The Company shall also pay all charges fees and expenses of the Depositary in connection with the initial deposit of the Preferred Stock Shares and the initial issuance of the Depositary Shares and evidenced by the Receipts, any redemption of the Preferred Stock Shares at the option of the Company. All other transfer Company and other taxes and governmental charges and fees for all withdrawals of the withdrawal of Preferred Stock upon surrender of Receipts shall be at the expense of Shares by holders of Depositary Shares. The Depositary may refuse to effect any transfer of a Receipt or any withdrawal of shares of Preferred Stock evidenced thereby until all such taxes and charges with respect to such Receipt or shares of Preferred Stock are paid by the holder thereof If, at the request of If a holder of ReceiptsReceipts requests the Depositary to perform duties not required under this Deposit Agreement, the Depositary incurs charges or expenses for which it is not otherwise liable hereunder, shall notify the holder of the cost of the performance of such duties prior to the performance thereof. Such holder will be liable for such the charges and expenses, provided, however, that the Depositary need not incur expenses related to such charges or expenses if repayment of such amounts is not reasonably assured to it performance. All other charges fees and expenses of the Depositary and any Depositary’s 's Agent hereunder and of any Registrar and Transfer Agent (including, in each case, fees and expenses of counsel) incident to the performance of their respective obligations hereunder will be promptly paid upon consultation and agreement as previously agreed between the Depositary and the Company as to the amount and nature of such charges and expensesCompany. The Depositary shall present its statement for charges fees and expenses to the Company once every three months month or at such other intervals as the Company and the Depositary may agree.

Appears in 5 contracts

Samples: Deposit Agreement (Colonial Properties Trust), Deposit Agreement (Felcor Suite Hotels Inc), Deposit Agreement (Duke Weeks Realty Corp)

Fees, Charges and Expenses. No charges and expenses of the Depositary or any Depositary’s Agent hereunder shall be payable by the Company, except as provided in this Section and in Section 16 of the Transfer Agent Agreement, dated October 26, 2009, by and between the Company and the Depositary and no charges and expenses of the Depositary or any Depositary’s Agent hereunder shall be payable by any other person except as provided in this Section. The Company shall pay all transfer and other taxes and governmental charges arising solely from the existence of the depositary arrangementsthis Deposit Agreement. The Company shall also pay all charges and expenses of the Depositary in connection with the initial deposit of the Preferred Stock Shares and the initial issuance of the Depositary Shares and Shares, any redemption of the Preferred Stock Shares at the option of the Company. All other transfer Company and other taxes and governmental charges and fees for all withdrawals of the withdrawal of Preferred Stock upon surrender of Receipts shall be at the expense of Shares by holders of Depositary Shares. If a holder of Receipts requests the Depositary to perform duties not required under this Deposit Agreement, the Depositary shall notify the holder of the cost of the performance of such duties prior to the performance thereof. Such holder will be liable for the charges and expenses related to such performance. The Depositary may refuse to effect any transfer of a Receipt or any withdrawal of shares of Preferred Stock Shares evidenced thereby until all such taxes charges and charges expenses with respect to such Receipt or shares of Preferred Stock Shares are paid by the holder thereof If, at the request of a holder of Receipts, the Depositary incurs charges or expenses for which it is not otherwise liable hereunder, such holder will be liable for such charges and expenses, provided, however, that the Depositary need not incur such charges or expenses if repayment of such amounts is not reasonably assured to it All other charges and expenses of the Depositary and any Depositary’s Agent hereunder and of any Registrar and Transfer Agent (including, in each case, fees and expenses of counsel) incident to the performance of their respective obligations hereunder will be paid upon consultation and agreement between the Depositary and the Company as to the amount and nature of such charges and expenses. The Depositary shall present its statement for charges and expenses to the Company once every three months or at such other intervals as the Company and the Depositary may agreepaid.

Appears in 4 contracts

Samples: Deposit Agreement (DDR Corp), Form of Deposit Agreement (DDR Corp), Form of Deposit Agreement (DDR Corp)

Fees, Charges and Expenses. No charges or expenses of the -------------------------- Depositary or any Depositary's Agent hereunder shall be payable by any person, except as provided in this Section 5.7. The Company shall pay all transfer and other taxes and governmental charges arising solely from the existence of the depositary arrangementsthis Deposit Agreement. The Company shall also pay all charges fees and expenses of the Depositary in connection with the initial deposit of the Preferred Stock and the initial issuance of the Depositary Shares and evidenced by the Receipts, any redemption of the Preferred Stock at the option of the Company. All other transfer and other taxes and governmental charges and fees for , all withdrawals of the withdrawal of Preferred Stock upon surrender of Receipts shall be at the expense of by holders of Depositary Shares. The Depositary may refuse to effect any transfer of a Receipt or any withdrawal of shares of Preferred Stock evidenced thereby until , and in connection with all such taxes other services provided, and charges with respect to such Receipt or shares of Preferred Stock are paid all other duties performed, by the holder thereof If, at the request of Depositary under this Agreement. If a holder of ReceiptsReceipts requests the Depositary to perform duties not required under this Deposit Agreement, the Depositary incurs charges or expenses for which it is not otherwise liable hereunder, shall notify the holder of the cost of the performance of such duties prior to the performance thereof. Such holder will be liable for such the charges and expenses, provided, however, that the Depositary need not incur expenses related to such charges or expenses if repayment of such amounts is not reasonably assured to it performance. All other charges fees and expenses of the Depositary and any Depositary’s 's Agent hereunder and of any Registrar and Transfer Agent (including, in each case, fees and expenses of counsel) incident to the performance of their respective obligations hereunder will be promptly paid upon consultation and agreement as agreed between the Depositary and the Company from time to time. The amount of the fees and expenses of the Depositary, any Depositary's Agent and any Registrar which are payable by the Company pursuant to this Section 5.7 shall be as agreed upon by the Company and the Depositary, such Depositary's Agent or such Registrar, as the case may be, from time to the amount and nature of such charges and expensestime. The Depositary shall present its statement for charges fees and expenses to the Company once every three months month or at such other intervals as the Company and the Depositary may agree.

Appears in 2 contracts

Samples: Deposit Agreement (Bay View Capital Corp), Deposit Agreement (CNF Transportation Inc)

Fees, Charges and Expenses. No charges and expenses of the Depositary or any Depositary’s Agent hereunder shall be payable by any person, except as provided in this Section 5.09. The Company shall pay all transfer and other taxes and governmental charges arising solely from the existence of the depositary arrangementsthis Deposit Agreement. The Company shall also pay all charges fees and expenses of the Depositary in connection with the initial deposit of the Preferred Stock Shares and the initial issuance of the Depositary Shares and evidenced by the Receipts, any redemption of the Preferred Stock Shares at the option of the Company. All other transfer Company and other taxes and governmental charges and fees for all withdrawals of the withdrawal of Preferred Stock upon surrender of Receipts shall be at the expense of Shares by holders of Receipts, in each case, in the amount and manner set forth in that certain Transfer Agency and Service Agreement, dated as of , 200 , by and between the Company and the Depositary Shares. The Depositary (as the same may refuse be amended, modified, supplemented or replaced from time to effect any transfer of a Receipt or any withdrawal of shares of Preferred Stock evidenced thereby until all such taxes and charges with respect to such Receipt or shares of Preferred Stock are paid time by the holder thereof Ifparties, at the request of “Transfer Agency and Service Agreement”). If a holder of ReceiptsReceipts requests the Depositary to perform duties not required under this Deposit Agreement, the Depositary incurs charges or expenses for which it is not otherwise liable hereundershall notify the holder of time cost of the performance of such duties prior to the performance thereof. Upon approval of such cost by such holder, such holder will thereafter be liable for such the charges and expenses, provided, however, that the Depositary need not incur expenses related to such charges or expenses if repayment of such amounts is not reasonably assured to it performance. All other charges fees and expenses of the Depositary and any Depositary’s Agent hereunder and of any Registrar and Transfer Agent (including, in each case, fees and expenses of counsel) incident to the performance of their respective obligations hereunder will be promptly paid upon consultation by the Company pursuant to the terms of Transfer Agency and Service Agreement (or, if such agreement between is no longer in effect, pursuant to such terms as the Company and the Depositary and the Company shall agree in good faith, which terms shall be at least as favorable to the amount and nature of Depositary as those contained in such charges and expensesagreement as last in effect). The Depositary shall present its statement for charges fees and expenses to the Company once every three months month or at such other intervals as the Company and the Depositary may agree.

Appears in 2 contracts

Samples: Form of Deposit Agreement (Capital Automotive Reit), Form of Deposit Agreement (Trustreet Properties Inc)

Fees, Charges and Expenses. No charges and expenses of the Depositary or any Depositary’s Agent hereunder shall be payable by the Company, except as provided in this Section and in Section 16 of the Transfer Agent Agreement, dated October 26, 2009, by and between the Company and the Depositary and no charges and expenses of the Depositary or any Depositary’s Agent hereunder shall be payable by any other person except as provided in this Section. The Company shall pay all transfer and other taxes and governmental charges arising solely from the existence of the depositary arrangementsthis Deposit Agreement. The Company shall also pay all charges and expenses of the Depositary in connection with the initial deposit of the Preferred Stock Shares and the initial issuance of the Depositary Shares and Shares, any redemption of the Preferred Stock Shares at the option of the Company. All other transfer Company and other taxes and governmental charges and fees for all withdrawals of the withdrawal of Preferred Stock upon surrender of Receipts shall be at the expense of Shares by holders of Depositary Shares. If a holder of Receipts requests the Depositary to perform duties not required under this Deposit Agreement, the Depositary shall notify the holder of the cost of the performance of such duties prior to the performance thereof. Such holder will be liable for the charges and expenses related to such performance. The Depositary may refuse to effect any transfer of a Receipt or any withdrawal of shares of Preferred Stock Shares evidenced thereby until all such taxes taxes, charges and charges expenses with respect to such Receipt or shares of Preferred Stock Shares are paid by the holder thereof If, at the request of a holder of Receipts, the Depositary incurs charges or expenses for which it is not otherwise liable hereunder, such holder will be liable for such charges and expenses, provided, however, that the Depositary need not incur such charges or expenses if repayment of such amounts is not reasonably assured to it All other charges and expenses of the Depositary and any Depositary’s Agent hereunder and of any Registrar and Transfer Agent (including, in each case, fees and expenses of counsel) incident to the performance of their respective obligations hereunder will be paid upon consultation and agreement between the Depositary and the Company as to the amount and nature of such charges and expenses. The Depositary shall present its statement for charges and expenses to the Company once every three months or at such other intervals as the Company and the Depositary may agreepaid.

Appears in 2 contracts

Samples: Deposit Agreement (DDR Corp), Form of Deposit Agreement (DDR Corp)

Fees, Charges and Expenses. No charges and expenses of the Depositary or any Depositary’s Agent hereunder shall be payable by any person, except as provided in this Section 5.07. The Company shall pay all transfer and other taxes and governmental charges arising solely from the existence of the depositary arrangementsthis Deposit Agreement. The Company shall also pay all charges fees and expenses of the Depositary in connection with the initial deposit of the Series A Preferred Stock and the initial issuance of the Depositary Shares and Receipts, any redemption of the Series A Preferred Stock at the option of the Company and all withdrawals of the Series A Preferred Stock by holders of Receipts as previously agreed between the Depositary and the Company. The Company will not, however, be required to pay any such tax that may be payable in respect of any transfer involved in the issuance or delivery of shares of Series A Preferred Stock, Depositary Shares, shares of Common Stock or other securities in a name other than that in which the Receipts with respect to which such shares or other securities are issued or delivered were registered, or in respect of any payment to any person other than a payment to the registered holder thereof, and will not be required to make any such issuance, delivery or payment unless and until the person otherwise entitled to such issuance, delivery or payment has paid to the Company the amount of any such tax or has established, to the satisfaction of the Company, that such tax has been paid or is not payable. All other transfer and other taxes and governmental charges and fees for the withdrawal of Preferred Stock upon surrender of Receipts shall be at the expense of holders of Depositary Shares. The Depositary may refuse to effect any transfer of a Receipt or any withdrawal of shares of Preferred Stock evidenced thereby until all such taxes and charges with respect to such Receipt or shares of Preferred Stock are paid by the holder thereof If, at the request of a holder of Receipts, the Depositary incurs charges or expenses for which it is not otherwise liable hereunder, such holder will be liable for such charges and expenses, provided, however, that the Depositary need not incur such charges or expenses if repayment of such amounts is not reasonably assured to it All other charges and expenses of the Depositary and any Depositary’s Agent hereunder under this Deposit Agreement and of any Registrar and or Transfer Agent (including, in each case, fees and expenses of counsel) incurred incident to the performance of their respective obligations hereunder under this Deposit Agreement will be paid upon consultation and agreement by the Company as previously agreed between the Depositary and the Company as to the amount or any Registrar or Transfer Agent; provided that holders of Receipts shall pay any transfer fees, taxes or governmental charges and nature of other such charges and expensesas expressly provided in this Deposit Agreement. The Depositary (and if applicable, the Transfer Agent and Registrar) shall present its statement for charges fees and expenses to the Company once every three months annually or at such other intervals as the Company and the Depositary may agree.

Appears in 1 contract

Samples: Deposit Agreement (Green Brick Partners, Inc.)

Fees, Charges and Expenses. No charges and expenses of the Depositary or any Depositary's Agent hereunder shall be payable by any person, except as provided in this Section 5.09. The Company shall pay all transfer and other taxes and governmental charges arising solely from the existence of the depositary arrangementsthis Deposit Agreement. The Company shall also pay all charges fees and expenses of the Depositary in connection with the initial deposit of the Preferred Stock Shares and the initial issuance of the Depositary Shares and evidenced by the Receipts, any redemption of the Preferred Stock Shares at the option of the Company. All other transfer Company and other taxes and governmental charges and fees for all withdrawals of the withdrawal of Preferred Stock upon surrender of Receipts shall be at the expense of Shares by holders of Receipts, in each case, in the amount and manner set forth in that certain Transfer Agency and Service Agreement, dated as of July 1, 2001, by and between the Company, Fleet National Bank and the Depositary Shares. The Depositary (as the same may refuse be amended, modified, supplemented or replaced from time to effect any transfer of a Receipt or any withdrawal of shares of Preferred Stock evidenced thereby until all such taxes and charges with respect to such Receipt or shares of Preferred Stock are paid time by the holder thereof Ifparties, at the request of "Transfer Agency and Service Agreement"). If a holder of ReceiptsReceipts requests the Depositary to perform duties not required under this Deposit Agreement, the Depositary incurs charges or expenses for which it is not otherwise liable hereundershall notify the holder of the cost of the performance of such duties prior to the performance thereof. Upon approval of such cost by such holder, such holder will thereafter be liable for such the charges and expenses, provided, however, that the Depositary need not incur expenses related to such charges or expenses if repayment of such amounts is not reasonably assured to it performance. All other charges fees and expenses of the Depositary and any Depositary’s 's Agent hereunder and of any Registrar and Transfer Agent (including, in each case, fees and expenses of counsel) incident to the performance of their respective obligations hereunder will be promptly paid upon consultation by the Company pursuant to the terms of the Transfer Agency and Service Agreement (or, if such agreement between is no longer in effect, pursuant to such terms as the Company and the Depositary and the Company shall agree to in good faith, which terms shall be at least as favorable to the amount and nature of Depositary as those contained in such charges and expensesagreement as last in effect). The Depositary shall present its statement for charges fees and expenses to the Company once every three months month or at such other intervals as the Company and the Depositary may agree.

Appears in 1 contract

Samples: Deposit Agreement (Colonial Properties Trust)

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Fees, Charges and Expenses. The Company shall pay all transfer and other taxes and governmental charges arising solely from the existence of the depositary arrangements. The Company shall pay all charges of the Depositary in connection with the initial deposit of the Preferred Stock Shares and the initial issuance of the Depositary Shares and any redemption of the Preferred Stock Shares at the option of the Company. All other transfer and other taxes and governmental charges and fees for the withdrawal of Preferred Stock Shares upon surrender of Receipts shall be at the expense of holders Holders of Depositary Shares. The Depositary may refuse to effect any transfer of a Receipt or any withdrawal of shares of Preferred Stock Shares evidenced thereby until all such taxes and charges with respect to such Receipt or shares of Preferred Stock Shares are paid by the holder thereof If, at the request of a holder Holder of Receipts, the Depositary incurs charges or expenses for which it is not otherwise liable hereunder, such holder Holder will be liable for such charges and expenses, provided, however, that the Depositary need not incur such charges or expenses if repayment of such amounts is not reasonably assured to it it. All other charges and expenses of the Depositary and any Depositary’s Agent hereunder and of any Registrar and Transfer Agent (including, in each case, fees and expenses of counsel) incident to the performance of their respective obligations hereunder will be paid upon consultation and agreement between the Depositary and the Company as to the amount and nature of such charges and expenses. The Depositary shall present its statement for charges and expenses to the Company once every three months or at such other intervals as the Company and the Depositary may agree.

Appears in 1 contract

Samples: Deposit Agreement (Global Ship Lease, Inc.)

Fees, Charges and Expenses. The Company shall pay all transfer and other taxes and governmental charges arising solely from the existence of the depositary arrangements. The Company shall pay all charges fees and expenses (including reasonable counsel fees and expenses) of the Depositary in connection with the initial deposit of the Preferred Stock Shares and the initial issuance of the Depositary Shares and any redemption of the Preferred Stock Shares at the option of the Company. All other transfer and other taxes and governmental charges and fees for the withdrawal of Preferred Stock Shares upon surrender of Receipts shall be at the expense of holders of Depositary Shares. The Depositary may refuse to effect any transfer of a Receipt or any withdrawal of shares of Preferred Stock Shares evidenced thereby until all such taxes and governmental charges with respect to such Receipt or shares of Preferred Stock Shares are paid by the holder thereof thereof. If, at the request of a holder of Receipts, the Depositary incurs charges or expenses for which it is not otherwise liable hereunder, such holder will be liable for such charges and expenses, provided, however, that the Depositary need not incur such charges or expenses if repayment of such amounts is not reasonably assured to it it. All other charges and expenses of the Depositary and any Depositary’s Agent hereunder and of any Registrar and Transfer Agent (including, in each case, fees and expenses of counsel) incurred in the preparation, delivery, amendment, administration and execution of this Deposit Agreement and incident to the performance of their respective obligations hereunder will be paid upon consultation and agreement by the Company as previously agreed between the Depositary and the Company as to the amount and nature of such charges and expensesCompany. The Depositary shall present its statement for charges and expenses to the Company once every three months or at such other intervals as the Company and the Depositary may agree.

Appears in 1 contract

Samples: Deposit Agreement (AXIS Specialty Finance LLC)

Fees, Charges and Expenses. The Company shall pay all transfer and other taxes and governmental charges arising solely from the existence of the depositary arrangements. The Company shall pay all charges fees and expenses (including reasonable counsel fees and expenses) of the Depositary in connection with the initial deposit of the Preferred Stock Shares and the initial issuance of the Depositary Shares and any redemption of the Preferred Stock Shares at the option of the Company. All other transfer and other taxes and governmental charges and fees for the withdrawal of Preferred Stock Shares upon surrender of Receipts shall be at the expense of holders of Depositary Shares. The Depositary may refuse to effect any transfer of a Receipt or any withdrawal of shares of Preferred Stock Shares evidenced thereby until all such taxes and governmental charges with respect to such Receipt or shares of Preferred Stock Shares are paid by the holder thereof thereof. If, at the request of a holder of Receipts, the Depositary incurs charges or expenses for which it is not otherwise liable hereunder, such holder will be liable for such charges and expenses, provided, however, that the Depositary need not incur such charges or expenses if repayment of such amounts is not reasonably assured to it it. All other charges and expenses of the Depositary and any Depositary’s Agent hereunder and of any Registrar and Transfer Agent (including, in each case, fees and expenses of counsel) incurred in the preparation, delivery, amendment, administration and execution of this Deposit Agreement and incident to the performance of their respective obligations hereunder will be paid upon consultation and agreement by the Company as previously agreed between the Depositary and the Company as to the amount and nature of such charges and expensesCompany. The Depositary shall present its statement for charges and expenses to the Company once every three months or at such other intervals as the Company and the Depositary may agree.

Appears in 1 contract

Samples: Deposit Agreement (Axis Capital Holdings LTD)

Fees, Charges and Expenses. No charges and expenses of the Depositary or any Depositary’s Agent hereunder shall be payable by any person, except as provided in this Section 5.09. The Company shall pay all transfer and other taxes and governmental charges arising solely from the existence of the depositary arrangementsthis Deposit Agreement. The Company shall also pay all charges fees and expenses of the Depositary in connection with the initial deposit of the Preferred Stock Shares and the initial issuance of the Depositary Shares and evidenced by the Receipts, any redemption of the Preferred Stock Shares at the option of the Company. All other transfer Company and other taxes and governmental charges and fees for all withdrawals of the withdrawal of Preferred Stock upon surrender of Receipts shall be at the expense of Shares by holders of Receipts, in each case, in the amount and manner set forth in that certain Transfer Agency and Service Agreement, dated as of July 1, 2001, by and between the Company, Fleet National Bank and the Depositary Shares. The Depositary (as the same may refuse be amended, modified, supplemented or replaced from time to effect any transfer of a Receipt or any withdrawal of shares of Preferred Stock evidenced thereby until all such taxes and charges with respect to such Receipt or shares of Preferred Stock are paid time by the holder thereof Ifparties, at the request of “Transfer Agency and Service Agreement”). If a holder of ReceiptsReceipts requests the Depositary to perform duties not required under this Deposit Agreement, the Depositary incurs charges or expenses for which it is not otherwise liable hereundershall notify the holder of the cost of the performance of such duties prior to the performance thereof. Upon approval of such cost by such holder, such holder will thereafter be liable for such the charges and expenses, provided, however, that the Depositary need not incur expenses related to such charges or expenses if repayment of such amounts is not reasonably assured to it performance. All other charges fees and expenses of the Depositary and any Depositary’s Agent hereunder and of any Registrar and Transfer Agent (including, in each case, fees and expenses of counsel) incident to the performance of their respective obligations hereunder will be promptly paid upon consultation by the Company pursuant to the terms of the Transfer Agency and Service Agreement (or, if such agreement between is no longer in effect, pursuant to such terms as the Company and the Depositary and the Company shall agree to in good faith, which terms shall be at least as favorable to the amount and nature of Depositary as those contained in such charges and expensesagreement as last in effect). The Depositary shall present its statement for charges fees and expenses to the Company once every three months month or at such other intervals as the Company and the Depositary may agree.

Appears in 1 contract

Samples: Deposit Agreement (Colonial Properties Trust)

Fees, Charges and Expenses. No charges and expenses of the Depositary or any Depositary's Agent hereunder shall be payable by any person, except as provided in this Section 5.09. The Company shall pay all transfer and other taxes and governmental charges arising solely from the existence of the depositary arrangementsthis Deposit Agreement. The Company shall also pay all charges fees and expenses of the Depositary in connection with the initial deposit of the Preferred Stock Shares and the initial issuance of the Depositary Shares and evidenced by the Receipts, any redemption of the Preferred Stock Shares at the option of the Company. All other transfer Company and other taxes and governmental charges and fees for all withdrawals of the withdrawal of Preferred Stock upon surrender of Receipts shall be at the expense of Shares by holders of Receipts, in each case, in the amount and manner set forth in that certain Transfer Agency and Service Agreement, dated as of July 1, 2001, by and between the Company, Fleet National Bank and the Depositary Shares. The Depositary (as the same may refuse be amended, modified, supplemented or replaced from time to effect any transfer of a Receipt or any withdrawal of shares of Preferred Stock evidenced thereby until all such taxes and charges with respect to such Receipt or shares of Preferred Stock are paid time by the holder thereof Ifparties, at the request of "Transfer Agency and Service Agreement"). If a holder of ReceiptsReceipts requests the Depositary to perform duties not required under this Deposit Agreement, the Depositary incurs charges or expenses for which it is not otherwise liable hereundershall notify the holder of the cost of the performance of such duties prior to the performance thereof. Upon approval of such cost by such holder, such holder will thereafter be liable for such the charges and expenses, provided, however, that the Depositary need not incur expenses related to such charges or expenses if repayment of such amounts is not reasonably assured to it performance. All other charges fees and expenses of the Depositary and any Depositary’s 's Agent hereunder and of any Registrar and Transfer Agent (including, in each case, fees and expenses of counsel) incident to the performance of their respective obligations hereunder will be promptly paid upon consultation by the Company pursuant to the terms of the Transfer Agency and Service Agreement (or, if such agreement between is no longer in effect, pursuant to such terms as the Company and the Depositary and the Company shall agree to in good faith, which terms shall be at least as favorable to the amount and nature of Depositary as those contained in such charges and expensesagreement as last in effect). The Depositary shall present its statement for charges fees and expenses to the Company once every three months month or at such other intervals as the Company and the Depositary may agree.. Article VI

Appears in 1 contract

Samples: Deposit Agreement (Colonial Properties Trust)

Fees, Charges and Expenses. No charges and expenses of the Depositary or any Depositary’s Agent hereunder shall be payable by any person, except as provided in this Section 5.07. The Company shall pay all transfer and other taxes and governmental charges arising solely from the existence of the depositary arrangementsthis Deposit Agreement. The Company shall also pay all charges fees and expenses of the Depositary in connection with the initial deposit of the Series A Preferred Stock and the initial issuance of the Depositary Shares and Receipts, any redemption of the Series A Preferred Stock at the option of the Company and all withdrawals of the Series A Preferred Stock by holders of Receipts as previously agreed between the Depositary and the Company. The Company will not, however, be required to pay any such tax that may be payable in respect of any transfer involved in the issuance or delivery of shares of Series A Preferred Stock, Depositary Shares, shares of Common Stock or other securities in a name other than that in which the Receipts with respect to which such shares or other securities are issued or delivered were registered, or in respect of any payment to any person other than a payment to the registered holder thereof, and will not be required to make any such issuance, delivery or payment unless and until the person otherwise entitled to such issuance, delivery or payment has paid to the Company the amount of any such tax or has established, to the satisfaction of the Company, that such tax has been paid or is not payable. All other transfer and other taxes and governmental charges and fees for the withdrawal of Preferred Stock upon surrender of Receipts shall be at the expense of holders of Depositary Shares. The Depositary may refuse to effect any transfer of a Receipt or any withdrawal of shares of Preferred Stock evidenced thereby until all such taxes and charges with respect to such Receipt or shares of Preferred Stock are paid by the holder thereof If, at the request of a holder of Receipts, the Depositary incurs charges or expenses for which it is not otherwise liable hereunder, such holder will be liable for such charges and expenses, provided, however, that the Depositary need not incur such charges or expenses if repayment of such amounts is not reasonably assured to it All other charges and expenses of the Depositary and any Depositary’s Agent hereunder and of any Registrar and or Transfer Agent (including, in each case, fees and expenses of counsel) incurred incident to the performance of their respective obligations hereunder will be paid upon consultation and agreement by the Company as previously agreed between the Depositary and the Company as to the amount or any Registrar or Transfer Agent; provided that holders of Receipts shall pay any transfer fees, taxes or governmental charges and nature of other such charges and expensesas expressly provided in this Deposit Agreement. The Depositary (and if applicable, the Transfer Agent and Registrar) shall present its statement for charges fees and expenses to the Company once every three months annually or at such other intervals as the Company and the Depositary may agree.

Appears in 1 contract

Samples: Deposit Agreement (Cadiz Inc)

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