Common use of Surrender of Receipts and Withdrawal of Deposited Securities Clause in Contracts

Surrender of Receipts and Withdrawal of Deposited Securities. Upon surrender at the principal office of the Depositary of this Receipt, and upon payment of the fee, if any, of the Depositary provided in Article (6) of this Receipt, and subject to the terms and conditions of the Deposit Agreement and Article (3) hereof, the Holder hereof is entitled to the transfer of the Deposited Securities represented by the American Depositary Shares evidenced by this Receipt to an account in the name of such Holder or such person as shall be designated by such Holder maintained by the Custodian in the case of Deposited Securities in registered form or maintained by an accredited financial institution in the case of Deposited Securities in bearer form. Such transfer will be made without unreasonable delay.

Appears in 3 contracts

Samples: Deposit Agreement (Alcatel), Deposit Agreement (Alcatel), Deposit Agreement (Alcatel)

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Surrender of Receipts and Withdrawal of Deposited Securities. Upon surrender at the principal office of the Depositary of this Receipt, Receipt and upon payment of the fee, if any, of the Depositary provided in Article paragraph (6) of this Receipt, and subject to the terms and conditions of the Deposit Agreement and Article paragraph (3) hereof, the Holder hereof is entitled to the transfer of the Deposited Securities represented by the American Depositary Shares evidenced by this Receipt to an account in the name of such Holder or such person as shall be designated by such Holder maintained by the Custodian in the case of Deposited Securities in registered form or maintained by an accredited financial institution in the case of Deposited Securities in bearer form. Such transfer will be made without unreasonable delay.

Appears in 1 contract

Samples: Deposit Agreement (Aventis)

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