Common use of Brokerage Fee Clause in Contracts

Brokerage Fee. The Domestic Depository shall deduct the applicable brokerage fee (tentatively 20 bps per Share) for the services of the broker, from the sale proceeds of the sale of the Shares underlying the Sale IDRs, before these are distributed to the respective IDR Holders. Please note that the applicable fee of US$ 0.05 to be paid by the IDR Holders towards cancellation of Sale IDRs is being waived, and would not be required to be paid by the IDR Holders.

Appears in 3 contracts

Samples: Termination Operating Guidelines, Termination Operating Guidelines, Termination Operating Guidelines

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Brokerage Fee. The Domestic Depository shall deduct the applicable brokerage fee (tentatively 20 bps per Share) for the services of the brokerBroker, from the sale proceeds of the sale of the Shares underlying the Sale IDRsOffered Shares, before these are distributed to the respective IDR Holdersholders who are entitled to them. Please note that the applicable fee of US$ USD 0.05 to be paid by the IDR Holders towards cancellation of Sale IDRs attributable to Shares which are sold on the LSE is being waived, waived and would not be required to be paid by the IDR Holders.

Appears in 3 contracts

Samples: Termination Operating Guidelines, Termination Operating Guidelines, Termination Operating Guidelines

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