Common use of Events other than failure of the Offer Clause in Contracts

Events other than failure of the Offer. In the event that the listing of the Equity Shares does not occur in the manner described in the Red ▇▇▇▇▇▇▇ Prospectus, the Prospectus, the Preliminary Offering Memorandum, the Offering Memorandum, the SEBI Regulations and any other Applicable Law, after the funds are transferred to the Public Offer Account, the BRLMs shall intimate the Public Offer Account Bank and the Registrar to the Offer in writing (with a copy to the Company) and the Public Offer Account Bank and the Registrar to the Offer shall, after notifying the Company and the BRLMs, forthwith on the receipt of instructions in this respect from the BRLMs, transfer the amounts in the Public Offer Account to the Refund Account, and the Refund Bank shall make payments in accordance with Applicable Law and within the timelines prescribed under Applicable Law using the payment modes specified in the Red ▇▇▇▇▇▇▇ Prospectus and the Prospectus.

Events other than failure of the Offer. In After the funds are transferred to the Public Offer Account, in the event that the listing of the Equity Shares does not occur in the manner described in the Red ▇▇▇▇▇▇▇ ProspectusOffer Documents, the Prospectus, the Preliminary Offering Memorandum, the Offering Memorandum, the SEBI ICDR Regulations and or any other Applicable Law, after the funds are transferred to the Public Offer AccountLaws, the BRLMs BRLM shall intimate the Public Offer Account Bank and the Registrar to the Offer in writing (with a copy to the Company) Company and the Selling Shareholder). The Public Offer Bank shall, and the Registrar shall ensure that the Public Offer Account Bank and the Registrar to the Offer shall, after notifying a notice to the BRLM (with a copy to the Company and the BRLMsSelling Shareholder), forthwith on not later than one Working Day from the date of receipt of instructions in this respect from the BRLMsaforementioned notice, transfer the amounts in amount from the Public Offer Account to the Refund Account. Thereafter, and the Refund Bank shall make payments within one Working Day, ensure the refund of amounts held in the Refund Account to the Bidders in accordance with the Applicable Law and within as per the timelines prescribed under Applicable Law using the payment modes specified in the Red ▇▇▇▇▇▇▇ Prospectus, the Prospectus and the Prospectusthis Agreement.

Events other than failure of the Offer. In After the funds are transferred to the Public Offer Account, in the event that the listing of the Equity Shares does not occur in the manner described in the Red ▇▇▇▇▇▇▇ ProspectusOffer Documents, the Prospectus, the Preliminary Offering Memorandum, the Offering Memorandum, the SEBI ICDR Regulations and or any other Applicable Law, after the funds are transferred to the Public Offer AccountLaws, the BRLMs BRLM shall intimate the Public Offer Account Bank and the Registrar to the Offer in writing (with a copy to the Company) Company and the Selling Shareholders). The Public Offer Bank shall, and the Registrar shall ensure that the Public Offer Account Bank and the Registrar to the Offer shall, after notifying a notice to the BRLM (with a copy to the Company and the BRLMsSelling Shareholders), forthwith on not later than one Working Day from the date of receipt of instructions in this respect from the BRLMsaforementioned notice, transfer the amounts in amount from the Public Offer Account to the Refund Account. Thereafter, and the Refund Bank shall make payments within one Working Day, ensure the refund of amounts held in the Refund Account to the Bidders in accordance with the Applicable Law and within as per the timelines prescribed under Applicable Law using the payment modes specified in the Red ▇▇▇▇▇▇▇ Herring Prospectus, the Prospectus and the Prospectusthis Agreement.