Common use of Transfer of Subscription Receipts Clause in Contracts

Transfer of Subscription Receipts. The Subscription Receipts may only be transferred on the register kept by the Subscription Receipt Agent at the Designated Office by the holder or its legal representatives or its attorney duly appointed by an instrument in writing in form and execution satisfactory to the Subscription Receipt Agent only upon (1) in the case of a Subscription Receipt Certificate, surrendering to the Subscription Receipt Agent at the Designated Office the Subscription Receipt Certificates representing the Subscription Receipts to be transferred together with a duly executed form of transfer (in the form attached to the Subscription Receipt Certificate), (2) in the case of Depository Subscription Receipts, in accordance with procedures prescribed by the Depository under the book entry registration system, and (3) upon compliance with: (i) the conditions herein; (ii) such reasonable requirements as the Subscription Receipt Agent may prescribe; and (iii) all applicable securities legislation and requirements of regulatory authorities; and such transfer shall be duly noted in such register by the Subscription Receipt Agent. Upon compliance with such requirements, the Subscription Receipt Agent shall issue to the transferee of a Subscription Receipt Certificate, or the Subscription Receipt Agent shall Authenticate and deliver a Subscription Receipt Certificate upon request that part of the Depository Global Subscription Receipt be certificated. Transfers within the Depository system are not the responsibility of the Subscription Receipt Agent and will not be noted on the register maintained by Subscription Receipt Agent.

Transfer of Subscription Receipts. The Subject to Section 3.01(e), there are no restrictions on the transfer of the Subscription Receipts. However, the Subscription Receipts may only be transferred on the register kept by the Subscription Receipt Agent at the Designated Office by the holder or its legal representatives or its attorney duly appointed by an instrument in writing in form and execution satisfactory to the Subscription Receipt Agent only upon (1) in the case of a Subscription Receipt Certificate, surrendering to the Subscription Receipt Agent at the Designated Office the Subscription Receipt Certificates representing the Subscription Receipts to be transferred together with a duly executed form of transfer (in the form attached to the Subscription Receipt Certificate), (2) in the case of Depository Subscription Receipts, in accordance with procedures prescribed by the Depository under the book entry registration system, and (3) upon compliance with: (i) the conditions herein; (ii) such reasonable requirements as the Subscription Receipt Agent may prescribe; and (iii) all applicable securities legislation and requirements of regulatory authoritiesauthorities as confirmed by the transferor and transferee by their execution of the Form of Transfer; and such transfer shall be duly noted in such register by the Subscription Receipt Agent. Upon compliance with such requirements, the Subscription Receipt Agent shall issue to the transferee of a Subscription Receipt Certificate, or the Subscription Receipt Agent shall Authenticate and deliver a Subscription Receipt Certificate upon request that part of the Depository CDS Global Subscription Receipt be certificated. Transfers within the Depository system are not the responsibility of the Subscription Receipt Agent and will not be noted on the register maintained by Subscription Receipt Agent.