APPOINTMENT OF INTERMEDIARIES. 8.1 Subject to Applicable Law, the Company and the Selling Shareholders shall, with the consent of the Lead Managers, appoint intermediaries (other than the Self Certified Syndicate Banks, registered brokers, monitoring agencies, and collecting depository participants) or other persons including the Registrar to the Offer, sponsor banks, escrow collection banks, refund banks, advertising agencies and printers in connection to the Offer.
8.2 The Parties, severally and not jointly, agree that any intermediary who is appointed shall, if applicable, be registered with SEBI under the relevant SEBI rules, guidelines and regulations and should be independent. Whenever required, the Company and the Selling Shareholders shall, in consultation with the Lead Managers, enter into a legally binding memorandum of understanding or fee letter or engagement letter with the concerned intermediary associated with the Offer, clearly setting forth their mutual rights, responsibilities and obligations. A certified true copy of such executed memorandum of understanding or fee letter or engagement letter shall be furnished to the Lead Managers.
8.3 The Company and the Selling Shareholders shall, to the extent permissible under the terms of the respective agreements with such intermediary, instruct all intermediaries, including the Registrar to the Offer, the sponsor banks, escrow collection banks, refund banks, advertising agencies and printers to follow, co- operate and comply with the instructions of the Lead Managers and shall include a provision to that effect in the respective agreements with such intermediaries.
8.4 The Company and the Selling Shareholders agree that the Lead Managers and their respective Affiliates shall not be directly or indirectly held responsible for any action or omission of any other intermediary and such other intermediary, being an independent entity, shall be fully and solely responsible for the performance of their duties and obligations; provided, however, that the Lead Managers shall co-ordinate to the extent required by law or any agreements, the activities of all the intermediaries in order to facilitate their performance of their respective functions in accordance with their respective terms of engagement.
8.5 The Lead Managers shall be the exclusive book running lead managers in respect of the Offer. The Company and the Selling Shareholders shall not, during the term of this Agreement, (i) appoint any other book running lead managers or co-...
APPOINTMENT OF INTERMEDIARIES. 11.1 The Issuer shall, in consultation with the Lead Manager, appoint the Intermediaries. Fees payable to the Intermediaries shall be payable by the Issuer in accordance with the appointment or engagement letters of such Intermediaries and the Lead Manager shall not be responsible for the payment of any fees or expenses of any Intermediary.
11.2 The Parties agree that any Intermediary who is appointed shall be registered with SEBI, where applicable under the applicable regulations issued by SEBI from time to time
APPOINTMENT OF INTERMEDIARIES. 8.1 The Selling Shareholder and the Company shall in consultation with the BRLMs appoint the Intermediaries or other persons in connection with the Offer.
8.2 Whenever required, the Company and the Selling Shareholder shall, in consultation with the BRLMs, enter into a memorandum of understanding or agreement, as the case may be, with the concerned Intermediary associated with the Offer, clearly setting forth their mutual rights, responsibilities and obligation. A certified true copy of such memorandum of understanding or agreement, as the case may be, shall be furnished to the BRLMs. The Parties agree that any Intermediary who is so appointed shall have to be necessarily registered with SEBI under the applicable SEBI guidelines/regulations. The Parties acknowledge that any such intermediary, being an independent entity shall be fully and solely responsible for the performance of its duties and obligations.
8.3 The Company and the Selling Shareholder agree that the BRLMs shall not be directly or indirectly be held responsible for any action/ inaction for any Intermediary including any processes adopted by the Intermediary for discharging its professional duties for the Offer, such intermediary, being an independent entity, shall be fully and solely responsible for the performance of its duties and obligations. However, the BRLMs shall co-ordinate the activities of all the Intermediaries in order that they perform their respective functions in accordance with their respective terms of engagement. In case the work of the intermediaries appointed by the BRLM's is not found satisfactory, the BRLM's would be required to substitute the intermediary to the satisfaction of the Government.
APPOINTMENT OF INTERMEDIARIES. Bankers to the Issue, Registrar to the Issue, advertising agency, Monitoring Agency, Sponsor Banks, printers to the Issue and other intermediaries including co-ordination for agreements to be entered into with such intermediaries. All BRLMs SBICAPS
APPOINTMENT OF INTERMEDIARIES. Bankers to the Issue, Registrar to the Issue, advertising agency, printers to the Offer including coordination of all agreements to be entered into with such intermediaries.
APPOINTMENT OF INTERMEDIARIES. Bankers to the Offer, Monitoring All BRLMs Xxxxxxx Agency, Sponsor Banks, and other intermediaries including co- ordination for agreements to be entered into with such intermediaries.
APPOINTMENT OF INTERMEDIARIES. Bankers to the Offer, Registrar to the Offer, advertising agency, printers to the Offer including co- ordination for agreements. JM Financial, IIFL IIFL
APPOINTMENT OF INTERMEDIARIES. Registrar to the Offer, advertising All BRLMs Nuvama agency, printers including co-ordination for agreements to be entered into with such intermediaries.
APPOINTMENT OF INTERMEDIARIES.
7.1 The Company and the Selling Shareholders (to the extent each such Selling Shareholder is required to appoint any intermediary) shall, in consultation with the Managers, appoint intermediaries (other than the Self Certified Syndicate Banks) and other entities as are mutually acceptable to the Parties, including the Registrar to the Offer, syndicate members, the Bankers to the Offer, the Escrow Collection Banks, Refund Banks, Public Offer Account Banks, the Sponsor Bank advertising agencies, practicing company secretaries, printers and brokers.
7.2 The Parties agree that any intermediary that is appointed shall, if required, be registered with the SEBI under the applicable SEBI rules, regulations and guidelines. Whenever required, the Company and the Selling Shareholders (to the extent each such Selling Shareholder is required to appoint any intermediary) shall, in consultation with the Managers, enter into a memorandum of understanding, fee letter or agreement with the concerned intermediary associated with the Offer, clearly setting forth their mutual rights, responsibilities and obligations. All costs, charges, fees and expenses relating to the Offer, including road show, accommodation and travel expenses and fees and expenses shall be borne and paid in accordance with Section
APPOINTMENT OF INTERMEDIARIES.
8.1 The Company and the Selling Shareholder, (as may be applicable) shall, in prior consultation with the BRLMs, appoint intermediaries (other than the Self Certified Syndicate Banks) and other entities as are mutually acceptable to the Parties, such as the Registrar to the Offer, the monitoring agency, Bankers to the Offer, the Escrow Collection Banks, Refund Banks, Sponsor Bank, advertising agencies, printers and the brokers.
8.2 The Parties severally and not jointly, agree that any intermediary that is appointed shall, if required as per Applicable Law, be registered with SEBI under the applicable SEBI rules, regulations and guidelines. Whenever required, the Company and the Selling Shareholder (to the extent the Selling Shareholder are parties to such agreements/ documents or are involved in the appointment of such intermediary) shall, in consultation with the BRLMs, enter into a memorandum of understanding, legally binding agreement or fee letter with the concerned intermediary associated with the Offer, clearly setting forth their mutual rights, responsibilities and obligations. A certified true copy of such executed memorandum of understanding, agreement or fee letter shall promptly be furnished to the BRLMs.
