BOOK BUILDING. 2.1 The Issue shall be made through the Book Building Process, as prescribed in Part A of Schedule XIII of the SEBI ICDR Regulations by the Company in consultation with the Book Running Lead Manager.
2.2 The Basis of Allotment (except in respect of Anchor Investors) shall be finalized by the Company in consultation with the Book Running Lead Manager, Registrar to the Issue and the Designated Stock Exchange, in accordance with the SEBI ICDR Regulations, any other applicable rules and regulations issued by the SEBI and the Stock Exchanges, any other laws, statutes and regulations applicable to the Issue. Allocation to the Anchor Investors shall, subject to the minimum application value restrictions, be made on a discretionary basis by the Company in consultation with the Book Running Lead Manager.
2.3 The Parties agree that entering into this Issue Agreement or the Fee Letter shall not create any obligation, or be deemed to impose, any obligation, agreement or commitment (express or implied) on the Book Running Lead Manager or any of their Affiliates, to (a) purchase or place the Equity Shares, or (b) enter into any underwriting agreement with, or (c) provide any financing or underwriting to, the Company or its Affiliates. Any such commitment will be made only by the execution of a specific underwriting agreement (Underwriting Agreement) or an agreement of similar nature which shall include customary representations and warranties, conditions as to closing of the Issue (including the provision of comfort letters, arrangement letters and opinions by statutory auditors of, and the counsel to the Company), lock-up, indemnity and contribution, termination and force majeure provisions, in form and substance satisfactory to the Book Running Lead Manager. Provided that nothing contained in this Issue Agreement, or the Fee Letter shall create, or be deemed to impose, any obligation, express or implied to purchase, place or underwrite the Equity Shares or provide financing or to enter into an Underwriting Agreement on the part of the Book Running Lead Manager.
2.4 This Issue Agreement is not intended to constitute and should not be construed as an agreement or commitment directly or indirectly among the Parties with respect to the subscription, underwriting or purchasing of the Equity Shares or placing any securities or to provide any financing to the Company or its Affiliates. Such an agreement will be made only subject to the terms agreed in the Underwriting Agreem...
BOOK BUILDING.
1.1 The Offer will be managed by the BRLMs in accordance with the inter-se allocation of responsibilities annexed to this Agreement as Annexure 1.
1.2 The Company and the Selling Shareholder, in consultation with the BRLMs, shall be responsible for deciding all the terms of Offer, including, the Price Band, the Offer Opening Date, Offer Closing Date, allocation to Anchor Investors, Anchor Investor Allocation Price, Anchor Investor Offer Price and the Offer Price which shall be determined through the Book Building Process, including any revisions, modifications or amendments thereof, in accordance with Applicable Law. Any revisions shall be promptly conveyed in writing by the Company and the Selling Shareholder to the BRLMs.
1.3 All allocations and Allotments shall be in accordance with Applicable Law. The Basis of Allotment shall be finalised and undertaken by the Company and the Selling Shareholders in consultation with the BRLMs and the Designated Stock Exchange, in accordance with Applicable Law. Allocation to Anchor Investors, if any, shall be made on a discretionary basis by the Company and the Selling Shareholder, in consultation with the BRLMs, in accordance with Applicable Law.
1.4 The Parties agree that entering into this Agreement or the Engagement Letter shall not create or be deemed to create any obligation, agreement or commitment, whether express or implied, on the BRLMs to enter into any underwriting agreement (the “Underwriting Agreement”) in connection with the Offer or to provide any financing or underwriting to the Company, the Selling Shareholder or any of their Affiliates. For the avoidance of doubt, this Agreement is not intended to constitute, and should not be construed as, an agreement or commitment, directly or indirectly, among the Parties with respect to the placement, subscription, purchase or underwriting of any Equity Shares. In the event the Company, the Selling Shareholder and the BRLMs enter into an Underwriting Agreement, such agreement shall, inter-alia, include customary representations and warranties, conditions as to closing of the Offer (including the provision of comfort letters, arrangement letters and legal opinions), lock-up, indemnity, contribution, termination and force majeure provisions, in form and substance satisfactory to the Parties.
1.5 In connection with the Offer and this Agreement, each BRLMs obligations to the Company shall be several and not joint and no BRLM shall have any liability to the Compan...
BOOK BUILDING. 1.1 The Offer would be managed by the BRLMs through processes prescribed under the SEBI Regulations ("Book Building"), in accordance with the inter se allocation of responsibilities, as annexed to this Agreement as Annexure B.
1.2 The Selling Shareholder and the Company shall be responsible for deciding the Price Band and the Offer Price, in consultation with the BRLMs. Notwithstanding the above, the Selling Shareholder agrees that the Price Band and the Offer Price, including any changes to them necessitated by the market conditions from time to time, shall be approved by it in writing to the BRLMs.
1.3 All allocations made pursuant to the Offer shall be in accordance with the SEBI Regulations and other laws, statutes, regulations applicable to the Offer (hereinafter referred to as the "Applicable Laws") and shall be undertaken by the Selling Shareholder and the Company in consultation with the BRLMs and the Designated Stock Exchange.
1.4 Subject to Clause 5.6 of this Agreement, the Parties agree that entering into this Agreement or the Engagement Letter by the Company/ Selling Shareholder with BRLMs shall not create any obligation, whether express or implied, on the BRLMs, Selling Shareholder and the Company to enter into any underwriting agreement with the Company in connection with the Offer, or to purchase, underwrite or place any securities or to provide any financing to the Company or its Affiliates.
BOOK BUILDING. 2.1 The Offer will be managed by the BRLMs in accordance with the statement of responsibilities annexed to this Agreement as Annexure A.
2.2 All allocations and Allotments and the Basis of Allotment (except in respect of Anchor Investors) shall be finalized by the Company in consultation with the BRLMs and the Designated Stock Exchange, in accordance with the SEBI ICDR Regulations and other Applicable Law. Allocation to Anchor Investors shall be made on a discretionary basis by the Company and the nominee director on behalf of the Investor Selling Shareholders in consultation with the BRLMs, in accordance with the SEBI ICDR Regulations and other Applicable Law.
2.3 The Parties agree that entering into this Agreement or the Fee Letter shall not create any obligation, agreement or commitment, whether express or implied, on the BRLMs to purchase the Equity Shares, or to enter into any underwriting agreement (the “Underwriting Agreement”) in connection with the Offer or to provide any financing or underwriting to the Company or the Selling Shareholders or their Affiliates. For the avoidance of doubt, this Agreement is not intended to constitute, and should not be construed as, an agreement or commitment between the Parties with respect to purchasing, financing or underwriting the Equity Shares. In the event that the Company, the Selling Shareholders and the BRLMs enter into an Underwriting Agreement, such agreement shall, among other matters, include customary representations and warranties, conditions as to closing of the Offer, lock-up, indemnity, contribution, termination and force majeure provisions, in form and substance satisfactory to the BRLMs, and as may be mutually agreed between the Parties.
