A Depository Agent appointed by its Principal under Rule 2.3.2 (hereinafter referred to as the "Depository Agent") shall be the Principal's attorney and shall be authorised in its name and on its behalf to execute and do all such acts and things which the Principal may or ought to do under the provisions of these DVP Rules and may generally in its name and on its behalf exercise all or any of the rights, powers, authorities and discretions conferred by or pursuant to these DVP Rules on the Principal.