Common use of Deposits into the Escrow Accounts Clause in Contracts

Deposits into the Escrow Accounts. 3.1.1 The Escrow Collection Bank acknowledges that all Bidders (other than Anchor Investors) are required to mandatorily submit their Bids through the ASBA process. The Escrow Collection Bank confirms that it shall not accept any ASBA Bids or process any ASBA Form relating to any ASBA Bidder from the Designated Intermediaries, except in its capacity as a SCSB. The Escrow Collection Bank shall strictly follow the instructions of the Book Running Lead Managers and the Registrar to the Offer in this regard.

Appears in 1 contract

Samples: Escrow and Sponsor Bank Agreement

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Deposits into the Escrow Accounts. 3.1.1 The Escrow Collection Bank acknowledges Parties acknowledge that all Bidders (other than Anchor Investors) are required to mandatorily submit their Bids through the ASBA processprocess and UPI Bidders are required to mandatorily participate in the Offer through the UPI Mechanism. The Escrow Collection Bank confirms that it shall not accept any ASBA Bids Bid or process any ASBA Form relating to any ASBA Bidder from the Designated Intermediaries, except in its capacity as a SCSB. The Escrow Collection Bank shall strictly follow the instructions of the Book Running Lead Managers BRLMs and the Registrar to the Offer in this regard.

Appears in 1 contract

Samples: Cash Escrow and Sponsor Bank Agreement

Deposits into the Escrow Accounts. 3.1.1 The Escrow Collection Bank acknowledges Parties acknowledge that all Bidders (other than Anchor Investors) are required to mandatorily submit their Bids through the ASBA process. The Escrow Collection Bank confirms that it shall not accept any ASBA Bids Bid or process any ASBA Form relating to any ASBA Bidder from any Designated Intermediary in its capacity as the Designated IntermediariesEscrow Collection Bank, except in its capacity as a SCSB. The Escrow Collection Bank shall strictly follow the instructions of the Book Running Lead Managers BRLMs and the Registrar to the Offer Issue in this regard.

Appears in 1 contract

Samples: www.utkarsh.bank

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Deposits into the Escrow Accounts. 3.1.1 3.1.1. The Escrow Collection Bank acknowledges Parties acknowledge that all Bidders (other than Anchor Investors) are required to mandatorily submit their Bids through the ASBA processprocess and UPI Bidders shall also participate in the Offer through the UPI Mechanism. The Escrow Collection Bank confirms that it shall not accept any ASBA Bids or process any ASBA Form relating to any ASBA Bidder from the Designated Intermediaries, except in its capacity as a SCSBthe Escrow Collection Bank. The Escrow Collection Bank Account shall strictly follow the instructions of the Book Running Lead Managers BRLMs and the Registrar to the Offer in this regard.

Appears in 1 contract

Samples: Cash Escrow and Sponsor Bank Agreement

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