Common use of Allocation and settlement obligations Clause in Contracts

Allocation and settlement obligations. You acknowledge and agree that: a. where you have received an allocation of Financial Products as a result of a Bid entered by Openmarkets on your behalf for the allocation of the relevant Financial Products under the applicable offer: (i) you have an obligation to subscribe for the number of Financial Products allocated to you at the final BookBuild Price on the terms of that offer; and (ii) where Openmarkets settles the subscription for those Financial Products through ASX Settlement or otherwise on your behalf, you owe your Settlement Obligations in respect of that subscription directly to Openmarkets and not to the Intermediary or the relevant BookBuild Issuer; b. you may not receive any allocation of Financial Products including where a bookbuild is cancelled. In the event that you fail to comply with your Settlement Obligations, Openmarkets will have rights against you under these Terms and Conditions (including without limitation under those clauses of these Terms and Conditions relating to a failure to settle by you), the ASX Rules and the ASX Settlement Rules (including without limitation a power of sale), and Openmarkets is not obliged to register any of the relevant Financial Products in your name or in accordance with your instructions unless and until you have complied with your Settlement Obligations in full.

Allocation and settlement obligations. You acknowledge and agree that: a. where you have received an allocation of Financial Products as a result of a Bid entered by Openmarkets OpenMarkets on your behalf for the allocation of the relevant Financial Products under the applicable offer: (i) you have an obligation to subscribe for the number of Financial Products allocated to you at the final BookBuild Price on the terms of that offer; and (ii) where Openmarkets OpenMarkets settles the subscription for those Financial Products through ASX Settlement or otherwise on your behalf, you owe your Settlement Obligations in respect of that subscription directly to Openmarkets OpenMarkets and not to the Intermediary or the relevant BookBuild Issuer; b. you may not receive any allocation of Financial Products including where a bookbuild is cancelled. In the event that you fail to comply with your Settlement Obligations, Openmarkets OpenMarkets will have rights against you under these Terms and Conditions (including without limitation under those clauses of these Terms and Conditions relating to a failure to settle by you), the ASX Rules and the ASX Settlement Rules (including without limitation a power of sale), and Openmarkets OpenMarkets is not obliged to register any of the relevant Financial Products in your name or in accordance with your instructions unless and until you have complied with your Settlement Obligations in full.

Allocation and settlement obligations. You acknowledge and agree that: a. where you have received an allocation of Financial Products as a result of a Bid entered by Openmarkets on your behalf for the allocation of the relevant Financial Products under the applicable offer: (i) you have an obligation to subscribe for the number of Financial Products allocated to you at the final BookBuild Price on the terms of that offer; andProducts (ii) where Openmarkets settles the subscription for those Financial Products through ASX Settlement or otherwise on your behalf, you owe your Settlement Obligations in respect of that subscription directly to Openmarkets and not to the Intermediary or the relevant BookBuild Issuer; b. you may not receive any allocation of Financial Products including where a bookbuild is cancelled. In the event that you fail to comply with your Settlement Obligations, Openmarkets will have rights against you under these Terms and Conditions (including without limitation under those clauses of these Terms and Conditions relating to a failure to settle by you), the ASX Rules and the ASX Settlement Rules (including without limitation a power of sale), and Openmarkets is not obliged to register any of the relevant Financial Products in your name or in accordance with your instructions unless and until you have complied with your Settlement Obligations in full.

Allocation and settlement obligations. You acknowledge and agree that: a. where you have received an allocation of Financial Products as a result of a Bid entered by Openmarkets OpenMarkets on your behalf for the allocation of the relevant Financial Products under the applicable offer: (i) you have an obligation to subscribe for the number of Financial Products allocated to you at the final BookBuild Price on the terms of that offer; and (ii) where Openmarkets OpenMarkets settles the subscription for those Financial Products through ASX Settlement or otherwise on your behalf, you owe your Settlement Obligations in respect of that subscription directly to Openmarkets OpenMarkets and not to the Intermediary or the relevant BookBuild Issuer; b. you may not receive any allocation of Financial Products including where a bookbuild is cancelled. In the event that you fail to comply with your Settlement Obligations, Openmarkets OpenMarkets will have rights against you under these Terms and Conditions (including without limitation under those clauses of these Terms and Conditions relating to a failure to settle by you), the ASX Rules and the ASX Settlement Rules (including without limitation a power of sale), and Openmarkets OpenMarkets is not obliged to register any of the relevant Financial Products in your name or in accordance with your instructions unless and until you have complied with your Settlement Obligations in full.