Common use of Authority to Offer Clause in Contracts

Authority to Offer. The Current Issuer confirms that it has authorised the Lead Underwriters to offer the Dollar Notes on its behalf to the Underwriters for subscription at the Issue Price subject to signature of this Agreement.

Authority to Offer. The Current Issuer confirms that it has authorised the Lead Underwriters to offer the Dollar Notes on its behalf to the Underwriters for subscription at the Issue Price subject to signature of this Agreement. Subject to Clause 3.2(a), the Current Issuer acknowledges and agrees that the Underwriters may offer and sell Dollar Notes to or through any affiliate of an Underwriter and that any such affiliate may offer and sell Dollar Notes purchased by it to or through any Underwriter.