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Common use of Partial Entitlement ADSs Clause in Contracts

Partial Entitlement ADSs. The Depositary may, or if so directed by the Company, shall, refuse to accept for deposit any Eligible Securities with rights, including rights to dividends, different from the rights of the Deposited Securities then on deposit with the Depositary.

Appears in 2 contracts

Sources: Deposit Agreement (Taiwan Semiconductor Manufacturing Co LTD), Deposit Agreement (Taiwan Semiconductor Manufacturing Co LTD)

Related Clauses

  • Basic entitlement
  • Benefit Entitlement
  • Determination of Entitlement
  • Entitlement
  • Leave Entitlement

Parent Clauses

  • Appointment of Depositary
  • Appointment of Depositary Form of Receipts Deposit of Shares Execution and Delivery Transfer and Surrender of Receipts
  • APPOINTMENT OF DEPOSITARY; FORM OF RECEIPTS
  • APPOINTMENT OF DEPOSITARY; FORM OF RECEIPTS; DEPOSIT OF SHARES; EXECUTION AND DELIVERY
  • CERTAIN OBLIGATIONS OF HOLDERS AND BENEFICIAL

Sub-Clauses

  • Ownership Restrictions
  • Sale of Rights
  • Distribution in Shares
  • Compliance with Information Requests
  • Distribution to ADS Holders
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