Common use of Sub-underwriting Clause in Contracts

Sub-underwriting. The Hong Kong Underwriters shall be entitled to enter into sub- underwriting agreements in respect of any part of their respective Hong Kong Public Offering Underwriting Commitments, provided that as between the Company and that Hong Kong Underwriter only, the relevant Hong Kong Underwriter shall remain liable for all acts and omissions of the relevant sub-underwriters with whom it has entered into sub-underwriting agreements and no Hong Kong Underwriter shall offer or sell any Hong Kong Offer Shares in connection with any such sub-underwriting arrangements to any person in respect of whom such offer or sale would be in contravention of the Listing Rules, applicable Laws or any selling restrictions set out in any of the Offering Documents. All sub-underwriting commission shall be borne by the relevant Hong Kong Underwriter and shall not be for the account of the Company.

Appears in 2 contracts

Sources: Hong Kong Underwriting Agreement, Hong Kong Underwriting Agreement

Sub-underwriting. The Subject to Clause 4, each Hong Kong Underwriters Underwriter shall be entitled to enter into sub- underwriting agreements arrangements in respect of any part of their respective Hong Kong Public Offering Underwriting CommitmentsCommitment, provided that as between PROVIDED THAT the Company and that Hong Kong Underwriter only, shall not offer or sell the Hong Kong Public Offer Shares in connection with any such sub-underwriting to any person in respect of whom such offer or sale would be in contravention of applicable Laws and/or the selling restrictions in the Prospectus. All sub-underwriting commission shall be borne by the relevant Hong Kong Underwriter absolutely and the relevant Hong Kong Underwriters shall remain liable for all acts and omissions of the relevant sub-underwriters with whom it has entered into sub-underwriting agreements and no Hong Kong Underwriter shall offer or sell any Hong Kong Offer Shares in connection with any such sub-underwriting arrangements to any person in respect of whom such offer or sale would be in contravention of the Listing Rules, applicable Laws or any selling restrictions set out in any of the Offering Documents. All sub-underwriting commission shall be borne by the relevant Hong Kong Underwriter and shall not be for the account of the Companyagreement.

Appears in 1 contract

Sources: Hong Kong Underwriting Agreement

Sub-underwriting. The Hong Kong Underwriters shall be entitled to enter into sub- underwriting agreements arrangements in respect of any part of their respective Hong Kong Public Offering Underwriting Commitments, provided that as between the Company and that no Hong Kong Underwriter only, shall offer or sell Hong Kong Offer Shares in connection with any such sub-underwriting to any person in respect of whom such offer or sale would be in contravention of applicable Laws and the selling restrictions set out in the Prospectus. All sub-underwriting commission shall be borne by the relevant Hong Kong Underwriter absolutely and the relevant Hong Kong Underwriter shall remain liable for all acts and omissions of the relevant sub-underwriters with whom it has entered into sub-underwriting agreements and no Hong Kong Underwriter shall offer or sell any Hong Kong Offer Shares in connection with any such sub-underwriting arrangements to any person in respect of whom such offer or sale would be in contravention of the Listing Rules, applicable Laws or any selling restrictions set out in any of the Offering Documents. All sub-underwriting commission shall be borne by the relevant Hong Kong Underwriter and shall not be for the account of the Companyagreements.

Appears in 1 contract

Sources: Hong Kong Underwriting Agreement