Common use of Liability for Taxes and Other Charges Clause in Contracts

Liability for Taxes and Other Charges. Any tax or other governmental charge payable by the Custodian or by the Depositary with respect to any Deposited Property, ADSs or ADRs shall be payable by the Holders and Beneficial Owners to the Depositary. The Company, the Custodian and/or the Depositary may withhold or deduct from any distributions made in respect of Deposited Property, and may sell for the account of a Holder and/or Beneficial Owner any or all of the Deposited Property and apply such distributions and sale proceeds in payment of, any taxes (including applicable interest and penalties) or charges that are or may be payable by Holders or Beneficial Owners in respect of the ADSs, Deposited Property and ADRs, the Holder and the Beneficial Owner remaining liable for any deficiency. The Custodian may refuse the deposit of Shares and the Depositary may refuse to issue ADSs, deliver ADRs, register the transfer of ADSs, register the split-up or combination of ADRs and (subject to Section 7.8) the withdrawal of Deposited Property until payment in full of such tax, charge, penalty or interest is received. Every Holder and Beneficial Owner agrees to indemnify the Depositary, the Company, the Custodian, and any of their agents, officers, directors, employees and Affiliates for, and to hold each of them harmless from, any claims with respect to taxes or additions to tax (in each case, including applicable interest and penalties thereon) arising out of any tax benefit obtained for or by such Holder and/or Beneficial Owner (including, without limitation, any refund of taxes, reduced rate of withholding at source). The obligations of Holders and Beneficial Owners under this section 3.2 shall survive any transfer of ADSs, any cancellation of ADSs and withdrawal of Deposited Securities, and the termination of the Deposit Agreement.

Liability for Taxes and Other Charges. Any tax or other governmental charge payable by the Custodian or by the Depositary solely with respect to any Deposited Property, ADSs or ADRs this ADR shall be payable by the Holders and Beneficial Owners to the Depositary. The Company, the Custodian and/or the Depositary may withhold or deduct from any distributions made in respect of Deposited Property, and may sell for the account of a Holder and/or Beneficial Owner any or all of the Deposited Property and apply such distributions and sale proceeds in payment of, any taxes (including applicable interest and penalties) or charges that are or may be payable by Holders or Beneficial Owners in respect of the ADSs, Deposited Property and ADRsthis ADR, the Holder and the Beneficial Owner hereof remaining liable for any deficiency. The Custodian may refuse the deposit of Shares and the Depositary may refuse to issue ADSs, to deliver ADRs, register the transfer of ADSs, register the split-up or combination of ADRs and (subject to paragraph (25) of this ADR and Section 7.87.8 of the Deposit Agreement) the withdrawal of Deposited Property until payment in full of such tax, charge, penalty or interest is received. Every Holder and Beneficial Owner agrees to indemnify the Depositary, the Company, the Custodian, and any of their agents, officers, directors, employees and Affiliates foragainst, and to hold each of them harmless from, any claims with respect to taxes or additions to tax (in each case, including applicable interest and penalties thereon) arising out of any refund of taxes, reduced rate of withholding or of the tax benefit obtained for or by such Holder and/or or Beneficial Owner (including, without limitation, any refund of taxes, reduced rate of withholding at source)Owner. The obligations of Holders and Beneficial Owners under this section Section 3.2 of the Deposit Agreement shall survive any transfer of ADSs, any cancellation of ADSs and withdrawal of Deposited Securities, and the termination of the Deposit Agreement.

Liability for Taxes and Other Charges. Any If any present or future tax or other governmental charge shall become payable by the Depositary or the Custodian or by the Depositary with respect to any ADR or any Deposited PropertySecurities or American Depositary Shares, ADSs such tax or ADRs other governmental charge shall be payable by the Holders and Beneficial Owners to the DepositaryDepositary and such Holders and Beneficial Owners shall be deemed liable therefor. The Company, the Custodian and/or the Depositary may withhold or deduct from any distributions made in respect of Deposited Property, Securities and may sell for the account of a Holder and/or Beneficial Owner any or all of the Deposited Property Securities and apply such distributions and sale proceeds in payment of, any of such taxes (including applicable interest and penalties) or charges that are or may be payable by Holders or Beneficial Owners in respect of the ADSscharges, Deposited Property and ADRs, with the Holder and the Beneficial Owner remaining fully liable for any deficiency. The In addition to any other remedies available to it, the Depositary and the Custodian may refuse the deposit of Shares Shares, and the Depositary may refuse to issue ADSs, to deliver ADRsReceipts, register the transfer of ADSstransfer, register the split-up or combination of ADRs Receipts and (subject to Section 7.87.10) the withdrawal of Deposited Property Securities, until payment in full of such tax, charge, penalty or interest is received. Every Holder and Beneficial Owner agrees to indemnify the Depositary, the Company, the Custodian, and any each of their respective agents, officers, directors, employees and Affiliates for, and to hold each of them harmless from, any claims with respect to taxes or additions to tax taxes (in each case, including applicable interest and penalties thereon) arising out of from any tax benefit obtained for or by such Holder and/or Beneficial Owner (including, without limitation, any refund of taxes, reduced rate of withholding at source)Owner. The obligations of Holders and Beneficial Owners of Receipts under this section Section 3.2 shall survive any transfer of ADSsReceipts, any cancellation surrender of ADSs Receipts and withdrawal of Deposited Securities, and or the termination of the this Deposit Agreement.

Liability for Taxes and Other Charges. Any tax or other governmental charge payable by the Custodian or by the Depositary with respect to any Deposited Property, ADSs or ADRs this ADR shall be payable by the Holders and Beneficial Owners to the Depositary. The Company, the Custodian and/or the Depositary may withhold or deduct from any distributions made in respect of Deposited PropertyProperty held on behalf of such Holder and/or Beneficial Owner, and may sell for the account of a Holder and/or Beneficial Owner any or all of the such Deposited Property and apply such distributions and sale proceeds in payment of, any taxes (including applicable interest and penalties) or charges that are or may be payable by Holders or Beneficial Owners in respect of the ADSs, Deposited Property and ADRsthis ADR, the Holder and the Beneficial Owner hereof remaining liable for any deficiency. The Custodian may refuse the deposit of Shares and the Depositary may refuse to issue ADSs, to deliver ADRs, register the transfer of ADSs, register the split-up or combination of ADRs and (subject to paragraph (26) of this ADR and Section 7.87.8 of the Deposit Agreement) the withdrawal of Deposited Property until payment in full of such tax, charge, penalty or interest is received. Every Holder and Beneficial Owner agrees to indemnify the Depositary, the Company, the Custodian, and any of their agents, officers, directors, employees and Affiliates for, and to hold each of them harmless from, any claims with respect to taxes or additions to tax (in each case, including applicable interest and penalties thereon) arising out of from (i) any tax benefit obtained for or ADS held by such Holder and/or owned by such Beneficial Owner, (ii) the Deposited Property represented by the ADSs, and (iii) any transaction entered into by such Holder and/or Beneficial Owner (includingin respect of the ADSs and/or the Deposited Property represented thereby. Notwithstanding anything to the contrary contained in the Deposit Agreement or any ADR, without limitation, any refund of taxes, reduced rate of withholding at source). The the obligations of Holders and Beneficial Owners under this section Section 3.2 shall survive any transfer of ADSs, any cancellation of ADSs and withdrawal of Deposited Securities, and the termination of the Deposit Agreement.

Liability for Taxes and Other Charges. Any tax or other governmental charge payable by the Custodian or by the Depositary with respect to any ADR or any Deposited Property, Securities or ADSs or ADRs shall be payable by the Holders and Beneficial Owners to the Depositary. The Company, the Custodian and/or the Depositary may withhold or deduct from any distributions made in respect of Deposited Property, Securities and may sell for the account of a Holder and/or Beneficial Owner any or all of the Deposited Property Securities and apply such distributions and sale proceeds in payment of, any of such taxes (including applicable interest and penalties) or charges that are or may be payable by Holders or Beneficial Owners in respect of the ADSscharges, Deposited Property and ADRs, the Holder and the Beneficial Owner remaining shall remain liable for any deficiency. The Custodian may refuse the deposit of Shares and the Depositary may refuse to issue ADSs, to deliver ADRs, register the transfer of ADSs, register the split-up or combination of ADRs and (subject to Section 7.8) the withdrawal of Deposited Property Securities until payment in full of such tax, charge, penalty or interest is received. Every Holder and Beneficial Owner agrees to indemnify the Depositary, the Company, the Custodian, and any of their agents, officers, directors, employees and Affiliates for, and to hold each of them harmless from, any claims with respect to taxes or additions to tax (in each case, including applicable interest and penalties thereon) arising out of from any tax benefit obtained for or by such Holder and/or Beneficial Owner (including, without limitation, any refund of taxes, reduced rate of withholding at source)Owner. The obligations of Holders and Beneficial Owners of Receipts under this section Section 3.2 shall survive any transfer of ADSsReceipts, any cancellation surrender of ADSs Receipts and withdrawal of Deposited Securities, and or the termination of the this Deposit Agreement.

Liability for Taxes and Other Charges. Any If any present or future tax or other governmental charge shall become payable by the Depositary or the Custodian or by the Depositary with respect to any ADR or any Deposited PropertySecurities or American Depositary Shares, ADSs such tax or ADRs other governmental charge shall be payable by the applicable Holders and Beneficial Owners to the DepositaryDepositary and such Holders and Beneficial Owners shall be deemed liable therefor. The Company, the Custodian and/or the Depositary may withhold or deduct from any distributions made in respect of Deposited Property, Securities and may sell for the account of a Holder and/or Beneficial Owner any or all of the Deposited Property Securities and apply such distributions and sale proceeds in payment of, any of such taxes (including applicable interest and penalties) or charges that are or may be payable by Holders or Beneficial Owners in respect of the ADSsand charges, Deposited Property and ADRs, with the Holder and the Beneficial Owner remaining fully liable for any deficiency. The In addition to any other remedies available to it, the Depositary and the Custodian may refuse the deposit of Shares Shares, and the Depositary may refuse to issue ADSs, deliver to Deliver ADRs, to register the transfer of ADSstransfer, register the split-up split‑up or combination of ADRs and (subject to Section 7.87.11 hereof) the withdrawal of Deposited Property Securities with respect to a Holder or Beneficial Holder liable for any tax, charge, penalty or interest hereunder, until payment in full of such tax, charge, penalty or interest is received. Every Holder and Beneficial Owner agrees to indemnify the Depositary, the Company, the Custodian, and any of their agents, officers, directors, employees and Affiliates for, and to hold each of them harmless from, any claims with respect to taxes or additions to tax (in each case, including applicable interest and penalties thereon) arising out of any tax benefit obtained for or by such Holder and/or Beneficial Owner (including, without limitation, any refund of taxes, reduced rate of withholding at source). The obligations liability of Holders and Beneficial Owners under this section Section 3.2 shall survive any transfer of ADSsReceipts, any cancellation surrender of ADSs Receipts and withdrawal of Deposited Securities, and Securities or the termination of the this Deposit Agreement.

Liability for Taxes and Other Charges. Any tax or other governmental charge payable by the Custodian or by the Depositary with respect to any Deposited Property, ADSs or ADRs shall be payable by the Holders and Beneficial Owners to the Depositary. The Company, the Custodian and/or the Depositary may may, and at the reasonable written request of the Company shall, withhold or deduct from any distributions made in respect of Deposited Property, and may sell for the account of a Holder and/or Beneficial Owner any or all of the Deposited Property and apply such distributions and sale proceeds in payment of, any taxes (including applicable interest and penalties) or charges that are or may be payable by Holders or Beneficial Owners in respect of the ADSs, Deposited Property and ADRs, the Holder and the Beneficial Owner remaining liable for any deficiency. The Custodian may refuse the deposit of Shares and the Depositary may refuse to issue ADSs, to deliver ADRs, register the transfer of ADSs, register the split-up or combination of ADRs and (subject to Section 7.8) the withdrawal of Deposited Property until payment in full of such tax, charge, penalty or interest is received. Every Holder and Beneficial Owner agrees to indemnify the Depositary, the Company, the Custodian, and any of their agents, officers, directors, employees and Affiliates for, and to hold each of them harmless from, any claims (including, without limitation, by any governmental authority or other person or entity) with respect to taxes or additions to tax (in each case, including applicable interest and penalties thereon) arising out of from any tax benefit obtained for or by such Holder and/or Beneficial Owner (including, without limitation, any refund of taxes, reduced rate of withholding at source)Owner. The obligations of Holders and Beneficial Owners of ADSs under this section Section 3.2 shall survive any transfer of ADSs, any cancellation surrender of ADSs and withdrawal of Deposited Securities, and as well as the termination of the Deposit Agreement.

Liability for Taxes and Other Charges. Any tax or other governmental charge payable by the Custodian or by the Depositary with respect to any Deposited Property, ADSs or ADRs shall be payable by the Holders and Beneficial Owners to the Depositary. The Company, the Custodian and/or the Depositary may withhold or deduct from any distributions made in respect of Deposited Property, and may sell for the account of a Holder and/or Beneficial Owner any or all of the Deposited Property and apply such distributions and sale proceeds in payment of, any taxes (including applicable interest and penaltiespenalties thereon) or charges that are or may be payable by Holders or Beneficial Owners in respect of the ADSs, Deposited Property and ADRs, the Holder and the Beneficial Owner remaining liable for any deficiency. The Custodian may refuse the deposit of Shares and the Depositary may refuse to issue ADSs, to deliver ADRs, register the transfer of ADSs, register the split-up or combination of ADRs and (subject to Section 7.8) the withdrawal of Deposited Property until payment in full of such tax, charge, penalty tax or governmental charge (including penalties or interest thereon, if any) is received. Every Holder and Beneficial Owner agrees to indemnify the Depositary, the Company, the Custodian, and any of their respective agents, directors, officers, directors, employees and Affiliates for, and to hold each of them harmless from, any claims (including, without limitation, by any governmental authority or other person or entity) with respect to taxes or additions to tax (in each case, including applicable interest and penalties thereon) arising out of from any tax benefit obtained for or by such Holder and/or Beneficial Owner (including, without limitation, any refund of taxes, reduced rate of withholding at source)Owner. The obligations of Holders and Beneficial Owners under this section Section 3.2 shall survive any transfer of ADSs, any cancellation of ADSs and withdrawal of Deposited Securities, and the termination of the Deposit Agreement.

Liability for Taxes and Other Charges. Any If any present or future tax or other governmental charge shall become payable by the Depositary or the Custodian or by the Depositary with respect to any Shares, Deposited PropertySecurities, ADSs or ADRs Receipts , such tax or other governmental charge shall be payable by the Holders and Beneficial Owners to the DepositaryDepositary and such Holders and Beneficial Owners shall be deemed liable therefor. The Company, the Custodian and/or the Depositary may withhold or deduct from any distributions made in respect of Deposited Property, Securities and may sell for the account of a Holder and/or Beneficial Owner any or all of the Deposited Property Securities and apply such distributions and sale proceeds in payment of, any of such taxes (including applicable interest and penalties) or charges that are or may be payable by Holders or Beneficial Owners in respect of the ADSscharges, Deposited Property and ADRs, with the Holder and the Beneficial Owner remaining fully liable for any deficiency. The In addition to any other remedies available to it, the Depositary and the Custodian may refuse the deposit of Shares Shares, and the Depositary may refuse to issue ADSs, to deliver ADRs, register the transfer of ADSstransfer, register the split-up or combination of ADRs and (subject to Section 7.8) the withdrawal of Deposited Property Securities, until payment in full of such tax, charge, penalty or interest is received. Every Holder and Beneficial Owner agrees to indemnify the Depositary, the Company, the Custodian, and any each of their respective agents, officers, directors, employees and Affiliates for, and to hold each of them harmless from, any claims with respect to taxes or additions to tax (in each case, including applicable interest and penalties thereon) arising out of from any tax benefit obtained for or by such Holder and/or Beneficial Owner (including, without limitation, any refund of taxes, reduced rate of withholding at source)Owner. The obligations of Holders and Beneficial Owners of Receipts under this section Section 3.2 shall survive any transfer of ADSsReceipts, any cancellation surrender of ADSs Receipts and withdrawal of Deposited Securities, and or the termination of the this Deposit Agreement.

Liability for Taxes and Other Charges. Any If any present or future tax or other governmental charge shall become payable by the Depositary or the Custodian or by the Depositary with respect to any ADR or any Deposited PropertySecurities or American Depositary Shares, ADSs such tax or ADRs other governmental charge shall be payable by the Holders and Beneficial Owners to the DepositaryDepositary and such Holders and Beneficial Owners shall be deemed liable therefor. The Company, the Custodian and/or the Depositary may withhold or deduct from any distributions made in respect of Deposited Property, Securities and may sell for the account of a Holder and/or Beneficial Owner any or all of the Deposited Property Securities and apply such distributions and sale proceeds in payment of, any of such taxes (including applicable interest and penalties) or charges that are or may be payable by Holders or Beneficial Owners in respect of the ADSscharges, Deposited Property and ADRs, with the Holder and the Beneficial Owner remaining fully liable for any deficiency. The In addition to any other remedies available to it, the Depositary and the Custodian may refuse the deposit of Shares Shares, and the Depositary may refuse to issue ADSs, to deliver ADRs, register the transfer of ADSstransfer, register the split-up or combination of ADRs and (subject to Section 7.87.10 hereof) the withdrawal of Deposited Property Securities, until payment in full of such tax, charge, penalty or interest is received. Every Holder and Beneficial Owner agrees to indemnify the Depositary, the Company, the Custodian, and any each of their respective agents, officers, directors, employees and Affiliates for, and to hold each of them harmless from, any claims with respect to taxes or additions to tax (in each case, including applicable interest and penalties thereon) arising out of from any tax benefit obtained for or by such Holder and/or Beneficial Owner (including, without limitation, any refund of taxes, reduced rate of withholding at source)Owner. The obligations of Holders and Beneficial Owners of Receipts under this section Section 3.2 shall survive any transfer of ADSsReceipts, any cancellation surrender of ADSs Receipts and withdrawal of Deposited Securities, and or the termination of the this Deposit Agreement.

Liability for Taxes and Other Charges. Any If any present or future tax or other governmental charge shall become payable by the Depositary or the Custodian or by the Depositary with respect to any ADR or any Deposited PropertySecurities or American Depositary Shares, ADSs such tax or ADRs other governmental charge shall be payable by the Holders and Beneficial Owners to the DepositaryDepositary and such Holders and Beneficial Owners shall be deemed liable therefor. The Company, the Custodian and/or the Depositary may withhold or deduct from any distributions made in respect of Deposited Property, Securities and may sell for the account of a Holder and/or Beneficial Owner any or all of the Deposited Property Securities and apply such distributions and sale proceeds in payment of, any of such taxes (including applicable interest and penalties) or charges that are or may be payable by Holders or Beneficial Owners in respect of the ADSsand charges, Deposited Property and ADRs, with the Holder and the Beneficial Owner remaining fully liable for any deficiency. The In addition to any other remedies available to it, the Depositary and the Custodian may refuse the deposit of Shares Shares, and the Depositary may refuse to issue ADSs, deliver to Deliver ADRs, register the transfer of ADSstransfer, register the split-up split‑up or combination of ADRs and (subject to Section 7.87.10 hereof) the withdrawal of Deposited Property Securities, until payment in full of such tax, charge, penalty or interest is received. Every Holder and Beneficial Owner agrees to indemnify the Depositary, the Company, the Custodian, and any each of their respective agents, officers, directors, employees and Affiliates for, and to hold each of them harmless from, any claims with respect to taxes or additions to tax (in each case, including applicable interest and penalties thereon) arising out of from any tax benefit obtained for or by such Holder and/or Beneficial Owner (including, without limitation, any refund of taxes, reduced rate of withholding at source)Owner. The obligations of Holders and Beneficial Owners of Receipts under this section Section 3.2 shall survive any transfer of ADSsReceipts, any cancellation surrender of ADSs Receipts and withdrawal of Deposited Securities, and or the termination of the this Deposit Agreement.

Liability for Taxes and Other Charges. Any tax or other governmental charge payable by the Custodian or by the Depositary with respect to any Deposited Property, ADSs or ADRs shall be payable by the Holders and Beneficial Owners to the Depositary, and the Company shall have no liability therefor (except, in the case of the Company, if the Company is the Holder or the Beneficial Owner of the applicable ADSs). The Company, the Custodian and/or the Depositary may withhold or deduct from any distributions made in respect of Deposited Property, and may sell for the account of a Holder and/or Beneficial Owner any or all of the Deposited Property and apply such distributions and sale proceeds in payment of, any taxes (including applicable interest and penalties) or charges that are or may be payable by Holders or Beneficial Owners in respect of the ADSs, Deposited Property and ADRs, the Holder and the Beneficial Owner remaining liable for any deficiency. The Custodian may refuse the deposit of Shares and the Depositary may refuse to issue ADSs, to deliver ADRs, register the transfer of ADSs, register the split-up or combination of ADRs and (subject to Section 7.8) the withdrawal of Deposited Property until payment in full of such tax, charge, penalty or interest is received. Every Holder and Beneficial Owner agrees to indemnify the Depositary, the Company, the Custodian, and any of their agents, officers, directors, employees and Affiliates for, and to hold each of them harmless from, any claims with respect to taxes or additions to tax (in each case, including applicable interest and penalties thereon) arising out of from any tax benefit obtained for or by such Holder and/or Beneficial Owner (including, without limitation, any refund of taxes, reduced rate of withholding at source)Owner. The obligations of Holders and Beneficial Owners under this section 3.2 shall survive any transfer of ADSs, any cancellation of ADSs and withdrawal of Deposited Securities, and the termination of the Deposit Agreement.

Liability for Taxes and Other Charges. Any If any present or future tax or other governmental charge shall become payable by the Depositary or the Custodian or by the Depositary with respect to any ADR or any Deposited PropertySecurities or American Depositary Shares, ADSs such tax or ADRs other governmental charge shall be payable by the Holders and Beneficial Owners to the DepositaryDepositary and such Holders and Beneficial Owners shall be deemed liable therefor. The Company, the Custodian and/or the Depositary may withhold or deduct from any distributions made in respect of Deposited Property, Securities and may sell for the account of a Holder and/or Beneficial Owner any or all of the Deposited Property Securities and apply such distributions and sale proceeds in payment of, any of such taxes (including applicable interest and penalties) or charges that are or may be payable by Holders or Beneficial Owners in respect of the ADSscharges, Deposited Property and ADRs, with the Holder and the Beneficial Owner remaining fully liable for any deficiency. The In addition to any other remedies available to it, the Depositary and the Custodian may refuse the deposit of Shares Shares, and the Depositary may refuse to issue ADSs, deliver to Deliver ADRs, register the transfer of ADSstransfer, register the split-up or combination of ADRs and (subject to Section 7.87.10) the withdrawal of Deposited Property Securities, until payment in full of such tax, charge, penalty or interest is received. Every Holder and Beneficial Owner agrees to indemnify the Depositary, the Company, the Custodian, and any each of their respective agents, officers, directors, employees and Affiliates for, and to hold each of them harmless from, any claims with respect to taxes or additions to tax (in each case, including applicable interest and penalties thereon) arising out of from any tax benefit obtained for or by such Holder and/or Beneficial Owner (including, without limitation, any refund of taxes, reduced rate of withholding at source)Owner. The obligations of Holders and Beneficial Owners of Receipts under this section Section 3.2 shall survive any transfer of ADSsReceipts, any cancellation surrender of ADSs Receipts and withdrawal of Deposited Securities, and or the termination of the this Deposit Agreement.

Liability for Taxes and Other Charges. Any tax or other governmental charge payable by the Custodian or by the Depositary with respect to any Deposited Property, ADSs or ADRs this ADR shall be payable by the Holders and Beneficial Owners to the Depositary, and the Company shall have no liability therefor (except, in the case of the Company, if the Company is the Holder or Beneficial Owner of the applicable ADSs). The Company, the Custodian and/or the Depositary may withhold or deduct from any distributions made in respect of Deposited Property, and may sell for the account of a Holder and/or Beneficial Owner any or all of the Deposited Property and apply such distributions and sale proceeds in payment of, any taxes (including applicable interest and penalties) or charges that are or may be payable by Holders or Beneficial Owners in respect of the ADSs, Deposited Property and ADRsthis ADR, the Holder and the Beneficial Owner hereof remaining liable for any deficiency. The Custodian may refuse the deposit of Shares and the Depositary may refuse to issue ADSs, deliver ADRs, register the transfer of ADSs, register the split-up or combination of ADRs and (subject to paragraph (25) of this ADR and Section 7.87.8 of the Deposit Agreement) the withdrawal of Deposited Property until payment in full of such tax, charge, penalty or interest is received. Every Holder and Beneficial Owner agrees to indemnify the Depositary, the Company, the Custodian, and any of their agents, officers, directors, employees and Affiliates for, and to hold each of them harmless from, any claims with respect to taxes or additions to tax (in each case, including applicable interest and penalties thereon) arising out of from any tax benefit obtained for or by such Holder and/or Beneficial Owner (including, without limitation, any refund of taxes, reduced rate of withholding at source)Owner. The obligations of Holders and Beneficial Owners under this section Section 3.2 shall survive any transfer of ADSs, any cancellation of ADSs and withdrawal of Deposited Securities, and the termination of the Deposit Agreement.

Liability for Taxes and Other Charges. Any tax or other governmental charge of any kind payable by the Custodian or by the Depositary with respect to any Deposited PropertySecurities, ADSs or ADRs shall be payable by the Holders and Beneficial Owners to the Depositary, and such Holders and Beneficial Owners shall be deemed liable therefor. The Company, the Custodian and/or the Depositary may withhold or deduct from any distributions made in respect of Deposited PropertySecurities, and may sell for the account of a Holder and/or Beneficial Owner any or all of the Deposited Property Securities and apply such distributions and sale proceeds in payment of, any of such taxes (including applicable interest and penalties) or charges that are or may be payable by Holders or Beneficial Owners in respect of the ADSs, Deposited Property Securities and ADRs, the Holder and the Beneficial Owner remaining fully liable for any deficiency. The Custodian may refuse the deposit of Shares and the Depositary may refuse to issue ADSs, to deliver ADRs, register the transfer of ADSs, register the split-up or combination of ADRs and (subject to Section 7.8) the withdrawal of Deposited Property Securities until payment in full of such tax, charge, penalty or interest is received. Every Holder and Beneficial Owner agrees to indemnify the Depositary, the Company, the Custodian, and any of their respective agents, directors, officers, directors, employees and Affiliates for, and to hold each of them harmless from, any claims by any governmental authority or any other entity or person with respect to taxes or taxes, additions to tax (in each casetax, including applicable penalties or interest and penalties thereon) arising out of any tax benefit obtained for or by such Holder and/or Beneficial Owner (including, without limitation, any refund of taxes, reduced rate of withholding at source)source or other tax benefit obtained. The obligations of Holders and Beneficial Owners of ADSs under this section Section 3.2 shall survive any transfer of ADSs, any cancellation surrender of ADSs and withdrawal of Deposited Securities, and as well as the termination of the Deposit Agreement.