Examples of Application Amount in a sentence
The Funding Amount is the aggregate of: the Application Amount, including a Mobilisation Amount (if applicable); the Core Tray Amount (if applicable); and the Prospector Consultant Amount (if applicable).
In the event that the offer price of the Offer Securities (as finally determined by the Issuer) is less than the Application Amount initially paid by you, we will arrange to refund the surplus of the Application Amount to you in accordance with the terms and conditions of the relevant Offer subject to clauses 5.3 of this Schedule.
If an Application is submitted but is wholly or partly unsuccessful, we will arrange for refund of the Application Amount (or the applicable balance as the case may be) on the refund date as announced by the Issuer in the same manner described in this Clause 5 subject to clause 5.3 of this Schedule.
Provided that, where The Allottee proposes to cancel/withdraw from the Project/Complex without any fault of the Promoters, the Promoters herein shall be entitled to forfeit the Application Amount (being 10% of the Total Unit Price inclusive of applicable Taxes)paid for the allotment, along with the interest liabilities, and together with deduction of such other tax/levy as may be applicable at the time of such withdrawal by The Allottee.
If an Application is duly submitted but is unsuccessful (or only partly successful), OSL will arrange for refund of the Application Amount (or the applicable balance in the case of a partly successful Application) in the same manner described in this Clause.