Examples of ANZ Preference Shares in a sentence
The Jersey Subsidiary shall, or shall cause the Collateral Agent to, vote the ADSs or direct the Depositary to vote the ANZ Preference Shares, in each case, as directed by the Holders of the TrUEPrS in accordance with the procedures set forth herein and the Deposit Agreement.
Upon the written request of a Holder of TrUEPrS on such record date, received on or before the date established by the Collateral Agent for such purpose, the Collateral Agent and the Jersey Subsidiary shall endeavor insofar as practicable to vote or cause to be voted each ADS and to direct the Depositary to vote the ANZ Preference Shares represented thereby in accordance with any non-discretionary instructions set forth in such request.
Each TrUEPrS will entitle the Holder thereof to direct the exercise of the voting rights attaching to one ADS and the four ANZ Preference Shares represented thereby.
WHEREAS, concurrently with the execution and delivery of the Agreement, the Jersey Subsidiary is using the proceeds from the sale of the Jersey Preference Shares to make a payment to ANZ in consideration of the issuance by the ADR depositary of ADRs evidencing up to ADSs each of which represents four ANZ Preference Shares deposited by ANZ.
WHEREAS, concurrently with the execution of this Agreement, the Jersey Subsidiary is using the proceeds from the sale of the Jersey Preference Shares to make a payment in consideration of the issuance by the Depositary (as defined herein) of ADRs evidencing up to ____________ ADSs each representing four ANZ Preference Shares deposited by ANZ.
WHEREAS, concurrently with the execution of this Agreement, the Jersey Subsidiary is using the proceeds from the sale of the Jersey Preference Shares to make a payment in consideration of the issuance by the Depositary (as defined herein) of ADRs evidencing up to ADSs each representing four ANZ Preference Shares deposited by ANZ.
WHEREAS, the ANZ Preference Shares represented by the ADSs have been deposited with and held by The Bank of New York, as depositary (the "Depositary"), pursuant to a Deposit Agreement, dated November ___, 1998, between ANZ and the Depositary.
WHEREAS, concurrently with the execution and delivery of the Agreement, the Jersey Subsidiary is using the proceeds from the sale of the Jersey Preference Shares to make a payment to ANZ in consideration of the issuance by the ADR depositary of ADRs evidencing up to ________________ ADSs each of which represents four ANZ Preference Shares deposited by ANZ.
The Collateral Agent and the Jersey Subsidiary shall not vote or attempt to exercise the right to vote the ADSs or to direct the Depositary to vote or attempt to exercise any vote that attaches to the ANZ Preference Shares other than in accordance with the Holder's instructions.
WHEREAS, the ANZ Preference Shares represented by the ADSs have been deposited with and held by The Bank of New York, as depositary (the "Depositary"), pursuant to a Deposit Agreement, dated as of September __, 1998, between ANZ and the Depositary.