Concerning Subscription Receipt Agent Clause Samples
The 'Concerning Subscription Receipt Agent' clause defines the role and responsibilities of the agent appointed to manage subscription receipts in a transaction. Typically, this agent holds funds or securities in trust until certain conditions are met, such as the completion of a financing or regulatory approval. The clause outlines the agent’s duties, the process for releasing or returning funds, and the circumstances under which the agent acts. Its core function is to ensure the secure and orderly handling of subscription proceeds, protecting both the issuer and subscribers by providing a neutral third party to oversee the process.
Concerning Subscription Receipt Agent. 10.1 Applicable Legislation 27 10.2 Rights and Duties of Subscription Receipt Agent 27 10.3 Evidence, Experts and Advisors 28 10.4 Documents, Money, Etc. held by Subscription Receipt Agent 29 10.5 Action by Subscription Receipt Agent to Protect Interests 30 10.6 Subscription Receipt Agent not Required to Give Security 30 10.7 Protection of Subscription Receipt Agent 30 10.8 Replacement of Subscription Receipt Agent 31 10.9 Conflict of Interest 32 10.10 Acceptance of Duties and Obligations 33
Concerning Subscription Receipt Agent. Section 11.1 Applicable Legislation 41 Section 11.2 Rights and Duties of Subscription Receipt Agent 42 Section 11.3 Evidence, Experts and Advisers 43 Section 11.4 Documents, Money, Etc. held by Subscription Receipt Agent 44 Section 11.5 Action by Subscription Receipt Agent to Protect Interests 44 Section 11.6 Subscription Receipt Agent not Required to Give Security 44 Section 11.7 Protection of Subscription Receipt Agent 44 Section 11.8 Replacement of Subscription Receipt Agent 46 Section 11.9 Conflict of Interest 47 Section 11.10 Acceptance of Duties and Obligations 48
Concerning Subscription Receipt Agent. Applicable Legislation 46 11.2 Rights and Duties of Subscription Receipt Agent 46
Concerning Subscription Receipt Agent