Common use of Stock Distribution Clause in Contracts

Stock Distribution. Cash Dividend Distribution Fee: to any Holder of ADSs, the fees specified in (i) above for a distribution of ADSs pursuant to stock dividends (or other free distribution of stock) and the fees specified in (iii) above for distributions of cash. Holders, Beneficial Owners, persons depositing Shares and persons surrendering ADSs for cancellation and withdrawal of Deposited Securities shall be responsible for the following charges: (i) taxes (including applicable interest and penalties) and other governmental charges; (ii) such registration fees as may from time to time be in effect for the registration of Shares or other Deposited Securities on the share register and applicable to transfers of Shares or other Deposited Securities to or from the name of the Custodian, the Depositary or any nominees upon the making of deposits and withdrawals, respectively; (iii) such cable, telex and facsimile transmission and delivery expenses as are expressly provided in the Deposit Agreement to be at the expense of the person depositing or withdrawing Shares or Holders and Beneficial Owners of ADSs; (iv) the reasonable expenses and charges incurred by the Depositary in the conversion of foreign currency; (v) such fees and expenses as are incurred by the Depositary in connection with compliance with exchange control regulations and other regulatory requirements applicable to Shares, Deposited Securities, ADSs and ADRs; and (vi) the fees and expenses incurred by the Depositary, the Custodian, or any nominee in connection with the delivery or servicing of Deposited Securities (unless prohibited by the exchange upon which the ADSs are listed).

Appears in 1 contract

Sources: Deposit Agreement (Hutchison Telecommunications International LTD)

Stock Distribution. Cash Dividend Distribution Fee: to any Holder of ADSs, the fees specified in (i) above for a distribution of ADSs pursuant to stock dividends (or other free distribution of stock) and the fees specified in (iii) above for distributions of cash. Holders, Beneficial Owners, and persons depositing Shares and persons surrendering ADSs for cancellation and withdrawal of Deposited Securities shall be responsible for the following charges: (i) taxes (including applicable interest and penalties) and other governmental charges; (ii) such registration fees as may from time to time be in effect for the registration of Shares or other Deposited Securities on the share register and applicable to transfers of Shares or other Deposited Securities to or from the name of the Custodian, the Depositary or any nominees upon the making of deposits and withdrawals, respectively; (iii) such cable, telex and facsimile transmission and delivery expenses as are expressly provided in the Deposit Agreement to be at the expense of the person depositing or withdrawing Shares or Holders and Beneficial Owners of ADSs; (iv) the reasonable expenses and charges incurred by the Depositary in the conversion of foreign currency; (v) such fees and expenses as are incurred by the Depositary in connection with compliance with exchange control regulations and other regulatory requirements applicable to Shares, Deposited Securities, ADSs and ADRs; and (vi) the fees and expenses incurred by the Depositary, the Custodian, or any nominee in connection with the delivery or servicing of Deposited Securities (unless prohibited by the exchange upon which the ADSs are listed).

Appears in 1 contract

Sources: Deposit Agreement (Hutchison Telecommunications Hong Kong Holdings LTD)