Common use of Conditions of Subscription Clause in Contracts

Conditions of Subscription. ‌ 3.1 Completion of the Subscription is conditional upon the fulfilment of the following conditions: 3.1.1 the Listing Committee of the Stock Exchange granting listing of and permission to deal in the Subscription Shares (and such listing and permission not subsequently revoked prior to the allotment and issue of the Subscription Shares under Clause 4.3 hereof); and 3.1.2 there being no breach of any of the Subscriber Warranties or Warranties which is material in the context of the Subscription. 3.2 The Company shall, as soon as is reasonably practicable, apply to the Stock Exchange for the granting of listing of, and permission to deal in, the Subscription Shares after the signing of this Agreement and the Company shall use all reasonable endeavours to obtain the granting of such listing and permission to deal by the Listing Committee of the Stock Exchange as soon as is reasonably practicable and will inform the Subscribers promptly following the granting of the same. The Company shall furnish such information, supply such documents, pay such fees and do all such acts and things as may reasonably be required by the Subscribers, SFC and/or the Stock Exchange in connection with the fulfilment of the Conditions. 3.3 If the Conditions are not fulfilled within 28 days after the date of signing of this Agreement or such later date as may be agreed between the Company and the Subscribers, this Agreement shall terminate and neither the Company nor the Subscribers shall have any claim against the other for costs, damages, compensation or otherwise, save in respect of claims arising out of any antecedent breach of this Agreement.