Common use of Conferment of authority Clause in Contracts

Conferment of authority. The Company hereby confirms that the foregoing appointments under Clauses 3.1 to 3.3 confer on each of the appointees and their respective delegates under Clause 3.4 all rights, powers, authorities and discretions on behalf of the Company which are necessary for, or incidental to, the performance of such appointee’s roles as a sponsor, global coordinator, lead manager, bookrunner or Hong Kong Underwriter (as the case may be) and hereby agrees to ratify and confirm everything each such appointee or each such delegate has done or shall do within the scope of such appointments or in the exercise of such rights, powers, authorities and discretions. The Company undertakes with the Joint Sponsors, the Joint Global Coordinators, the Joint Bookrunners, the Joint Lead Managers and the Hong Kong Underwriters that it will procure that there is no offer, sale or distribution of the Hong Kong Offer Shares otherwise than in accordance with and on the terms and conditions of the Hong Kong Public Offering Documents and this Agreement.

Conferment of authority. The Company hereby confirms that the foregoing appointments under Clauses 3.1 to 3.3 and 3.4 confer on each of the appointees appointees, its Affiliates and their respective delegates under Clause 3.4 3.5 all rights, powers, authorities and discretions on behalf of the Company which are necessary for, or incidental to, the performance of such appointee’s roles as a sponsor, representative, global coordinator, bookrunner, lead manager, bookrunner manager or Hong Kong Underwriter (as the case may be) of the Global Offering and the application for Admission, and hereby agrees to ratify and confirm everything each such appointee or each such appointee, Affiliate and delegate under Clause 3.5 has done or shall do within the scope of such appointments or in the exercise of such rights, powers, authorities and discretions. The Company undertakes with the Joint Sponsors, the Joint Global Coordinators, the Joint Bookrunners, the Joint Lead Managers and the Hong Kong Underwriters that it will procure that there is no offer, sale or distribution of the Hong Kong Offer Shares otherwise than in accordance with and on the terms and conditions of the Hong Kong Public Offering Documents and this Agreement.

Conferment of authority. The Each of the Company and the Selling Shareholder hereby confirms that the foregoing appointments under Clauses 3.1 to 3.3 (as the case may be) confer on each of the appointees and their respective delegates under Clause 3.4 all rights, powers, authorities and discretions on behalf of the Company which are necessary for, or incidental to, the performance of such appointee’s roles as a sponsor, representative, global coordinator, lead manager, bookrunner or Hong Kong Underwriter (as the case may be) and hereby hxxxxx agrees to ratify and confirm everything each such appointee or each such delegate has done or shall do within the scope of such appointments or in the exercise of such rights, powers, authorities and discretions. The Each of the Company and the Selling Shareholder undertakes with the Joint Sponsors, the Joint Global Coordinators, the Joint Bookrunners, the Joint Lead Managers and the Hong Kong Underwriters that it will procure that there is no offer, sale or distribution of the Hong Kong Offer Shares otherwise than in accordance with and on the terms and conditions of the Hong Kong Public Offering Documents and this Agreement.

Conferment of authority. The Company hereby confirms irrevocably agrees that the foregoing appointments under Clauses 3.1 to 3.3 3.4 confer on each of the appointees and their respective delegates under Clause 3.4 3.5 all rights, powers, authorities and discretions on behalf of the Company which are necessary for, or incidental to, the performance of such appointee’s roles as a sponsor, global coordinator, lead manager, bookrunner or Hong Kong Underwriter (as the case may be) in relation to the Global Offering and the application for Admission and hereby agrees to ratify and confirm everything each such appointee or each such delegate has done or shall do within the scope of such appointments or in the exercise of such rights, powers, authorities and discretionsdiscretions within the scope of such appointments. The Company undertakes with the Joint Sponsors, the Joint Global Coordinators, the Joint Bookrunners, the Joint Lead Managers Coordinators and the Hong Kong Underwriters that it will procure that there is no offer, sale or distribution of the Hong Kong Public Offer Shares otherwise than in accordance with and on the terms and conditions of the Hong Kong Public Offering Documents and this Agreement.

Conferment of authority. The Company and the Selling Shareholders hereby confirms confirm that the foregoing appointments under Clauses 3.1 to 3.3 and 3.4 confer on each of the appointees and its Affiliates, and their respective delegates under Clause 3.4 3.5, all rights, powers, authorities and discretions on behalf of the Company and the Selling Shareholders which are necessary for, or incidental to, the performance of such appointee’s its roles as a sponsorJoint Global Coordinator, global coordinatorJoint Sponsor, lead managerJoint Bookrunner, bookrunner Joint Lead Manager or Hong Kong Underwriter (as the case may be) of the Global Offering and the application for Admission, and hereby agrees to ratify and confirm everything each such appointee or each such appointee, Affiliate and delegate under Clause 3.5 has done or shall do within the scope of such appointments or in the exercise of such rights, powers, authorities and discretions. The Company undertakes and the Selling Shareholders undertake with the Joint Sponsors, the Joint Global Coordinators, the Joint Bookrunners, the Joint Lead Managers and the Hong Kong Underwriters that it will procure that there is no offer, sale or distribution of the Hong Kong Offer Shares otherwise than in accordance with and on the terms and conditions of the Hong Kong Public Offering Documents and this Agreement.