DUTIES AND RESPONSIBILITIES OF THE BRLMS. 5.1. Other than as expressly set forth in the SEBI ICDR Regulations in relation to the ASBA Bids submitted to the BRLMs, no provision of this Agreement will constitute any obligation on the part of any of the BRLMs to undertake any obligation or have any responsibility or incur any liability in relation to the ASBA Bids procured by the Designated Intermediaries or Bids not procured by BRLMs.
DUTIES AND RESPONSIBILITIES OF THE BRLMS. 5.1. Other than as expressly set forth in the SEBI Regulations (including the UPI Circulars) in relation to the ASBA Bids submitted to the BRLMs, no provision of this Agreement will constitute any obligation on the part of any of the BRLMs to undertake any obligation or have any responsibility or incur any liability in relation to the ASBA Bids procured by the other Designated Intermediaries.
5.2. The Parties hereto agree that the duties and responsibilities of the BRLMs under this Agreement shall comprise the following:
(i) If required, upon receipt of information from the Company, notify the Escrow Collection Bank, the Public Offer Account Bank, the Refund Bank, the Sponsor Banks and the Registrar to the Offer regarding the Anchor Investor Bid/Offer Period, the Bid/Offer Opening Date and the Bid/Offer Closing Date prior to the opening of Banking Hours on the Anchor Investor Bidding Date in accordance with Section 3.2.3.1;
(ii) Upon receipt of information from the Company or the Promoter Selling Shareholder, inform the Escrow Collection Bank, the Public Offer Account Bank, the Refund Bank, the Sponsor Banks and the Registrar to the Offer regarding the occurrence of the events specified in Section 3.2.1.1;
(iii) Along with the Registrar to the Offer, provide instructions to the Escrow Collection Bank of the particulars of the monies to be transferred to the Public Offer Account and the Surplus Amount to be transferred to the Refund Account in accordance with Section 3.2.3.1;
(iv) On or after the Bid/Offer Closing Date, acting along with the Registrar to the Offer, intimate the Designated Date to the Escrow Collection Bank in accordance with Section 3.2.3.1; and
(v) Provide instructions to the Public Offer Account Bank in the prescribed forms in relation to transfer of funds from the Public Offer Account in accordance with Section 3.2.3.8. The BRLMs shall, on issuing all instructions as contemplated under this Section 5.2, be discharged of all obligations under this Agreement.
5.3. No BRLM shall be responsible or liable under this Agreement in connection with the advice, opinions, actions or omissions of any other BRLM or Syndicate Members (or agents of such other BRLM, including Sub-Syndicate Members of such other BRLM) or other Designated Intermediaries in connection with the Offer. The obligations, representations, undertakings, warranties, rights and liabilities of the BRLMs under this Agreement shall be several and not joint. The BRLMs shall be several...
DUTIES AND RESPONSIBILITIES OF THE BRLMS. 5.1 In terms of the statement of inter-se allocation of responsibilities between the BRLMs as set out in the Red Xxxxxxx Prospectus, each of the BRLMs have agreed to be responsible for post-issue activities of the Offer and confirm the obligations and reaffirm their powers and authorities as provided in the Red Xxxxxxx Prospectus to all other Parties. It is clarified, however, that the BRLMs shall have no responsibility in connection with the ASBA Bids. The Parties hereto agree that the duties and responsibilities of the BRLMs under this Agreement shall be as set out below:
DUTIES AND RESPONSIBILITIES OF THE BRLMS. 5.1 The Parties hereto agree that the duties and responsibilities of the BRLMs under this Agreement shall be as set out below:
