Common use of Issue of ADRs Clause in Contracts

Issue of ADRs. After any permitted deposit of Shares hereunder, the Custodian shall notify the Depositary of such deposit and of the information contained in any related Delivery Order by letter, first class airmail postage prepaid, or, at the request, risk and expense of the person making the deposit, by cable, telex or facsimile transmission. At all times, the Depositary shall use reasonable efforts to obtain an executed certificate substantially in the form of Exhibit C-1 annexed hereto (or in such other form as the Company shall approve) in connection with each such deposit, except deposits pursuant to paragraphs (10) and (13) of the Form of ADR, from or on behalf of each person named in the Delivery Order to receive a credit of ADSs or certificated ADRs. After receiving such notice from the Custodian and any such certificate, the Depositary, subject to the Deposit Agreement and paragraphs (4) and (7) of the applicable Form of ADR, shall issue book-entry ADSs or, if certificated ADRs are available, execute and deliver at the Transfer Office, to or upon the order of any person named in such notice, one or more ADRs registered as requested, for the number of ADSs representing such deposited Shares.

Appears in 1 contract

Sources: Deposit Agreement (E-House (China) Holdings LTD)

Issue of ADRs. After any permitted deposit of Shares hereunder, the Custodian shall notify the Depositary of such deposit and of the information contained in any related Delivery Order by letter, first class airmail postage prepaid, or, at the request, risk and expense of the person making the deposit, by cable, telex or facsimile transmission. At all timestimes in the case of Rule 144A ADSs, the Depositary shall use reasonable efforts to obtain an executed certificate substantially in the form of Exhibit C-1 B-1 annexed hereto (or in such other form as the Company shall approve) ), in connection with each such deposit, except deposits pursuant to paragraphs (10) and (13) of the Form of Rule 144A ADR, from or on behalf of each person named in the Delivery Order to receive a credit of ADSs or certificated ADRs. After receiving such notice from the Custodian and any such certificate, the Depositary, subject to the Deposit Agreement and paragraphs (4) and (7) of the applicable Form of ADR, shall issue book-entry ADSs or, if certificated ADRs are available, execute and deliver at the Transfer Office, to or upon the order of any person named in such notice, one or more ADRs registered as requested, requested for the number of ADSs representing such deposited Shares.

Appears in 1 contract

Sources: Restricted Deposit Agreement (51job, Inc.)