Common use of Application for Admission Clause in Contracts

Application for Admission. 5.1 The Company authorises the Nomad to submit to the London Stock Exchange an application for Admission on its behalf. 5.2 The Company agrees to promptly provide all such assistance, information and documentation as is required by the Nomad and undertakes to pay all fees required by the London Stock Exchange in connection with the AIM Application. 5.3 The Nomad shall give to the Company such assistance as the Company may reasonably require in connection with the AIM Application including the submission of the nominated adviser's declaration pursuant to Schedule 2 to the AIM Rules for Nominated Advisers. 5.4 Nothing in this Agreement shall oblige the Nomad to do anything inconsistent with its responsibilities under FSMA 2000, the AIM Rules, the AIM Rules for Nominated Advisers or any other legal or regulatory requirement. 5.5 The Company and each of the Continuing Directors shall: 5.5.1 use their reasonable endeavours to procure Admission becomes effective on or before 8.00 a.m. on the Admission Date; 5.5.2 execute all deeds and documents, supply all information, give all undertakings, pay all fees and other expenses (in the case of the Company only) and take all other actions as may be required by the London Stock Exchange and/or the AIM Rules in connection with the AIM Application and the Placing and in order to comply fully with all relevant provisions of the Applicable Rules and other statutory or regulatory requirements; 5.5.3 execute (or procure the execution of) all documents, supply all information, give all assistance and take (or procure the taking of) all actions as the Nomad may require to enable it to discharge its obligations under this Agreement and pursuant to the AIM Application and the Placing; 5.5.4 procure that copies of the Admission Document shall be made available free of charge at the addresses specified in the Admission Document from the date of its publication in accordance with the AIM Rules; and 5.5.5 procure that all documents stated in the Admission Document as being available for inspection shall be made available for inspection at the addresses and times stated in the Admission Document. 5.6 The Company confirms that it has appointed the Registrars to act in connection with the Admission and the Placing and the Company and each of the Continuing Directors undertake to provide the Registrars with all necessary authorisations and information to enable the Registrars to perform their duties as registrars in accordance with and as contemplated by the Placing Documents and any agreement between the Registrars and the Company. 5.7 The Company consents to the Nomad disclosing to the London Stock Exchange, the FCA and/or any other regulatory body at any time before or after Admission any information relating to the Company, Admission or the Placing which the Nomad, in its absolute discretion, deems necessary to ensure compliance with the Applicable Rules and other relevant statutory or regulatory requirements.

Application for Admission. 5.1 3.1 The Company authorises will make the Nomad application for Admission immediately after the publication of the Admission Document, approval for the Admission by AMEX and the declaring effective of the SB2 filing by the SEC and will use all reasonable endeavours to submit obtain Admission including paying all fees and executing and delivering all such documents as shall be necessary in connection with the application therefor and, insofar as within its power, shall generally do and procure to be done all such things as may properly be required by the London Stock Exchange an application for the purposes of or in connection with Admission so as to enable Admission to take place by 8.00 a.m. on its behalf6 February 2006. 5.2 The Company agrees to promptly provide 3.2 ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ is given all such assistance, information authorities and documentation as is required powers by the Nomad Company and undertakes the Directors as are required for the purposes of obtaining Admission and ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ shall take all reasonable steps to pay all fees required by assist in the obtaining of Admission including (without limitation) liaising with and dealing (insofar as it is able) with any requirements of the London Stock Exchange in connection with the AIM Applicationsame. 5.3 The Nomad shall give to the Company such assistance as the Company may reasonably require in connection with the AIM Application including the submission of the nominated adviser's declaration pursuant to Schedule 2 to the AIM Rules for Nominated Advisers. 5.4 Nothing in this Agreement shall oblige the Nomad to do anything inconsistent with its responsibilities under FSMA 2000, the AIM Rules, the AIM Rules for Nominated Advisers or any other legal or regulatory requirement. 5.5 3.3 The Company and each of the Continuing Directors shall: 5.5.1 use their reasonable endeavours to procure Admission becomes effective on or before 8.00 a.m. on the Admission Date; 5.5.2 execute all deeds and documents, supply all information, give all undertakings, pay all fees and other expenses (in the case of the Company only) and take all other actions as may be required by the London Stock Exchange and/or the AIM Rules in connection with the AIM Application and the Placing and in order to comply fully with all relevant provisions of the Applicable Rules and other statutory or regulatory requirements; 5.5.3 execute (or procure the execution of) all documents, supply all information, give all assistance and take (or procure the taking of) all actions as the Nomad may require to enable it to discharge its obligations under this Agreement and pursuant to the AIM Application and the Placing; 5.5.4 shall procure that copies of the Admission Document shall be are made available free of charge at the addresses specified in the Admission Document from as required by rule 3 of the date AIM Rules. (A) Without prejudice to clause 11 and without prejudice to any claim that ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ may have under this agreement, if at any time prior to Admission the Company or the Directors become aware that a significant new factor, material mistake or inaccuracy relating to the information included in the Admission Document has arisen or been noted, such change or matter or inaccuracy being significant within the meaning ascribed to that term in section 87G(4) of its publication the FSMA, the Company or the Director in question will notify ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ immediately of such factor, mistake or inaccuracy and will consult with it as to the communication or announcement (if any) to be made to persons to whom the Issue Documents have been sent. (B) Following notification under clause 3.4(A) the Company will: (1) make such announcement(s) relating to the fact, circumstance, change, matter or inaccuracy as ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ shall reasonably require; (2) promptly prepare such supplementary admission document as may be necessary to inform persons to whom the Issue Documents have been sent of such fact, matter or inaccuracy in a form approved by ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ (such approval not to be unreasonably withheld or delayed) and publish such supplement in accordance with rule 3 of the AIM Rules; and 5.5.5 procure that all documents stated (3) promptly despatch copies of the Supplementary Admission Document to the persons to whom the Issue Documents have been sent. (C) Following such announcement and/or despatch, references in this agreement to the Issue Documents shall include any such announcement(s) and/or Supplementary Admission Document and the Warranties relating to the Admission Document as being available for inspection in paragraph 1 of Schedule 3 shall, notwithstanding any provision of this agreement, be deemed to be repeated on the date of publication of the Supplementary Admission Document and when so repeated shall be made available for inspection at read and construed as if references in them to the addresses and times stated in Admission Document meant the Admission Document when read together with the Supplementary Admission Document. 5.6 The Company confirms that it has appointed the Registrars to act in connection with the Admission and the Placing and the Company and each of the Continuing Directors undertake to provide the Registrars with all necessary authorisations and information to enable the Registrars to perform their duties as registrars in accordance with and as contemplated by the Placing Documents and any agreement between the Registrars and the Company. 5.7 The Company consents to the Nomad disclosing to the London Stock Exchange, the FCA and/or any other regulatory body at any time before or after Admission any information relating to the Company, Admission or the Placing which the Nomad, in its absolute discretion, deems necessary to ensure compliance with the Applicable Rules and other relevant statutory or regulatory requirements.

Application for Admission. 5.1 4.1 The Company authorises the confirms that it has authorised Nomad to submit to make the London Stock Exchange an application for Admission Application on its behalfbehalf and undertakes that it will pay all such fees as may be necessary to obtain Admission not later than 8.00 am on 31 October 2005 or such later date as is agreed in writing between the Company and Nomad, but in any event not later than 8 November 2005. 5.2 4.2 The Company agrees and each of the Directors undertake to promptly take all such steps, execute all such documents and provide all such assistanceinformation, information give all such undertakings and documentation do or procure to be done all such things as is required by may be necessary to comply with the Nomad requirements of the AIM Rules and undertakes to pay all fees required by the London Stock Exchange in connection with the AIM Application. 5.3 The 4.3 Without prejudice to the provisions of clause 10, where, after publication of the Admission Document (but before Admission), there arises or is noted any material new factor, mistake or inaccuracy relating to the information included in the Admission Document, each of the Directors undertakes to notify the Company immediately after becoming aware of the same (whether or not such information results in any Warranty becoming untrue or inaccurate) and the Company will immediately: 4.3.1 disclose the factor, mistake or inaccuracy to Nomad in writing; and 4.3.2 in consultation with Nomad, prepare a Supplementary Admission Document and procure the publication of the same; and 4.3.3 following publication of any Supplementary Admission Document, make available free of charge sufficient copies of such document in accordance with the requirements of the AIM Rules. 4.4 If a Supplementary Admission Document is published pursuant to clause 4.3, reference to the Admission Document or to the Placing Documents in clauses 9 and 10 shall give be deemed to include the Supplementary Admission Document and the Warranties referred to in clause 8 and set out in Schedule 2 shall be deemed to have been made and given in relation to the Admission Document as amended and supplemented by the Supplementary Admission Document as well as to the original Admission Document. 4.5 Subject to compliance by the Company and the Directors with clauses 4.1 to 4.3 (inclusive) and to their providing Nomad with all such information and assistance as it may reasonably require to carry out its obligations under this clause 4.5, Nomad will extend to the Company all such assistance as the Company may reasonably require in connection with the AIM Application including the submission fulfilment of the nominated adviser's declaration pursuant Conditions generally and, in particular, the issue of the Admission Document, the Application, the Placing and, where relevant (and without prejudice to Schedule 2 to its rights under clause 10), compliance with the AIM Rules for Nominated Advisers. 5.4 Nothing in this Agreement shall oblige and the Nomad to do anything inconsistent publication of a Supplementary Admission Document if any as is reasonable and consistent with its responsibilities under FSMA 2000, obligations and duties as nominated adviser (as defined in the AIM Rules, the AIM Rules for Nominated Advisers or any other legal or regulatory requirement. 5.5 The Company and each of the Continuing Directors shall: 5.5.1 use their reasonable endeavours ) to procure Admission becomes effective on or before 8.00 a.m. on the Admission Date; 5.5.2 execute all deeds and documents, supply all information, give all undertakings, pay all fees and other expenses (in the case of the Company only) and take all other actions as may be required by the London Stock Exchange and/or the AIM Rules in connection with the AIM Application and the Placing and in order to comply fully with all relevant provisions of the Applicable Rules and other statutory or regulatory requirements; 5.5.3 execute (or procure the execution of) all documents, supply all information, give all assistance and take (or procure the taking of) all actions as the Nomad may require to enable it to discharge its obligations under this Agreement and pursuant to the AIM Application and the Placing; 5.5.4 procure that copies of the Admission Document shall be made available free of charge at the addresses specified in the Admission Document from the date of its publication in accordance with the AIM Rules; and 5.5.5 procure that all documents stated in the Admission Document as being available for inspection shall be made available for inspection at the addresses and times stated in the Admission Document. 5.6 The Company confirms that it has appointed the Registrars to act in connection with the Admission and the Placing and the Company and each of the Continuing Directors undertake to provide the Registrars with all necessary authorisations and information to enable the Registrars to perform their duties as registrars in accordance with and as contemplated by the Placing Documents and any agreement between the Registrars and the Company. 5.7 The Company consents to the Nomad disclosing to the London Stock Exchange, the FCA and/or any other regulatory body at any time before or after Admission any information relating to the Company, Admission or the Placing which the Nomad, in its absolute discretion, deems necessary to ensure compliance with the Applicable Rules and other relevant statutory or regulatory requirements.