Common use of Limitations on Execution and Delivery, Transfer and Surrender of Receipts Clause in Contracts

Limitations on Execution and Delivery, Transfer and Surrender of Receipts. As a condition precedent to the execution and delivery, registration of transfer, split-up, combination or surrender of any Receipt or withdrawal of any Deposited Securities, the Depositary, Custodian or Registrar may require payment from the depositor of Shares or the presenter of the Receipt of a sum sufficient to reimburse it for any tax or other governmental charge (including without limitation any tax or other governmental charge provided for in Section 2.02, 2.03, 2.04, or

Appears in 1 contract

Sources: Deposit Agreement (Frontline LTD /)

Limitations on Execution and Delivery, Transfer and Surrender of Receipts. As a condition precedent to the execution and delivery, registration of transfer, split-up, combination or surrender of any Receipt or withdrawal of any Deposited SecuritiesSecurities or the exercise of any conversion right referred to in Section 2.10, the Depositary, Custodian any of the Depositary's agents or the Registrar may require payment from the depositor of Shares any or the presenter all of the Receipt following: (i) payment to it of a sum sufficient to reimburse it for any tax or other governmental charge (including without limitation and any tax stock transfer or other governmental charge provided for in Section 2.02, 2.03, 2.04, orregistration fee with respect thereto

Appears in 1 contract

Sources: Deposit Agreement (Premier Parks Inc)