Common use of Prior to or on the Designated Date Clause in Contracts

Prior to or on the Designated Date. (a) The Escrow Collection Bank shall, upon receipt of an intimation from the Manager in writing in accordance with Clause 3.2.1.2 or 3.2.2 of this Agreement, after notice to the Company forthwith but not later than 1 (one) Working Day from the date of receipt of such notice, ensure the transfer of any amounts standing to the credit of the Escrow Accounts to the Refund Account (as set out in Schedule VII hereto); (b) The Refund Bank shall, upon receipt of an intimation from the Manager in writing in accordance with Clause 3.2.3 of this Agreement, after notice to the Company and the Registrar to the Issue, forthwith but not later than 1 (one) Working Day from the date of transfer of amounts from the Escrow Accounts, ensure the transfer of any amounts standing to the credit of the Refund Account to the Beneficiaries as directed by the Registrar in the prescribed form (as set out in Schedule II hereto); (c) On receipt of the intimation of failure of the Issue from the Manager as per Clause 3.

Prior to or on the Designated Date. (a) The Escrow Collection Bank shall, upon receipt of an intimation from the Manager in writing in accordance with Clause 3.2.1.2 or 3.2.2 of this Agreement, after notice to the Company forthwith but not later than 1 (one) Working Day from the date of receipt of such notice, ensure the transfer of any amounts standing to the credit of the Escrow Accounts to the Refund Account (as set out in Schedule VII hereto); (b) The Refund Bank shall, upon receipt of an intimation from the Manager in writing in accordance with Clause 3.2.3 of this Agreement, after notice to the Company and the Registrar to the Issue, forthwith but not later than 1 (one) Working Day from the date of transfer of amounts from the Escrow Accounts, ensure the transfer of any amounts standing to the credit of the Refund Account to the Beneficiaries as directed by the Registrar Manager in the prescribed form (as set out in Schedule II hereto); (c) On receipt of the intimation of failure of the Issue from the Manager as per Clause 3.▇▇▇▇▇▇

Prior to or on the Designated Date. (a) The Escrow Collection Bank shall, upon receipt of an intimation from the Manager Managers in writing in accordance with Clause 3.2.1.2 or 3.2.2 of this Agreement, after notice to the Company forthwith but not later than 1 (one) Working Day from the date of receipt of such notice, ensure the transfer of any amounts standing to the credit of the Escrow Accounts to the Refund Account (as set out in Schedule VII hereto); (b) The Refund Bank shall, upon receipt of an intimation from the Manager Managers in writing in accordance with Clause 3.2.3 of this Agreement, after notice to the Company and the Registrar to the Issue, forthwith but not later than 1 (one) Working Day from the date of transfer of amounts from the Escrow Accounts, ensure the transfer of any amounts standing to the credit of the Refund Account to the Beneficiaries as directed by the Registrar Managers in the prescribed form (as set out in Schedule II hereto); (c) On receipt of the intimation of failure of the Issue from the Manager Managers as per Clause 3.▇▇▇▇▇▇