Common use of Events other than failure of the Issue Clause in Contracts

Events other than failure of the Issue. In the event, the Issue is not completed in the manner described in the Letter of Offer, the SEBI ICDR Regulations and any other Applicable Law after the funds are transferred to the Allotment Account, the Lead Manager shall, along with the Registrar, as provided in Annexure E, intimate the Banker to the Issue in writing and the Banker to the Issue shall, after notice to the Lead Manager and the Company, forthwith but not later than one (1) Business Day from the receipt of instructions in this respect, ensure that such funds are transferred from the Allotment Account to the Refund Account. The Refund Bank shall refund such amounts, within one (1) Business Day of the transfer of such amount to the Refund Account, to all Beneficiaries in accordance with the Applicable Law. All refunds under this Agreement shall be payable by the Refund Bank and until such refunds are paid as agreed herein, the monies lying in the Refund Account shall be held solely for the benefit of the Beneficiaries without any right or lien thereon.

Events other than failure of the Issue. In the event, event that the Issue is listing of the Equity Shares does not completed occur in the manner described in the Letter of OfferIssue Documents, the SEBI ICDR Regulations and any other Applicable Law Law, after the funds are transferred to the Allotment Public Issue Account, the Company and the Book Running Lead Manager Managers shall, along with intimate the Registrar, Bankers to the Issue and the Registrar in writing (as provided in Annexure E, intimate the Banker to the Schedule II). The Public Issue in writing Account Bank / Escrow Collection Bank and the Banker to the Issue Registrar shall, after a notice to the Book Running Lead Manager and Managers, the Company, forthwith but not later than one (1) Business Day from the receipt of instructions in this respectWorking Day, ensure that such funds are transferred from the Allotment Account to transfer of amounts held in the Public Issue Account/Escrow Collection Accounts into the Refund AccountAccount in accordance with the Applicable Law and as per the modes specified in the Red Xxxxxxx Prospectus and Prospectus. The Refund Bank shall refund such amountsamounts as described in notice issued by the Company and the Book Running Lead Managers as per this Clause 3.2.2, within one (1) Business Working Day of the transfer of such amount to the Refund Account, Account to all the Beneficiaries in accordance with the Applicable LawLaw as per the modes specified in the RHP and the Prospectus. All refunds under this Agreement shall be payable by the Refund Bank and until such refunds are paid as agreed herein, the monies lying in the Refund Account shall be held solely for the benefit of the Beneficiaries without any right or lien thereon.

Events other than failure of the Issue. In the event, event the Issue is not completed in the manner described in the Letter of Offer, the SEBI ICDR Regulations and any other Applicable Law after the funds are Issue Amount is transferred to the Allotment Account, the Company and the Lead Manager shall, along with the RegistrarManagers shall jointly, as provided in Annexure E, intimate the Banker to the Issue and the Registrar in writing and the Banker to the Issue Allotment Bank shall, after notice to the Lead Manager Managers and the Company, forthwith but not later than one (1) Business Day from the receipt of instructions in this respect, ensure that such funds are transferred from the Allotment Account to the Refund Account. The Refund Bank shall refund such amounts, within one (1) Business Day of the transfer of such amount to the Refund Account, to all Beneficiaries in accordance with the Applicable LawLaw as per the modes specified in the Letter of Offer. All refunds under this Agreement shall be payable by the Refund Bank and until such refunds are paid as agreed herein, the monies lying in the Refund Account shall be held solely for the benefit of the Beneficiaries without any right or lien thereon.

Events other than failure of the Issue. In the event, event the Issue is not completed in the manner described in the Letter of Offer, the SEBI ICDR Regulations and any other Applicable Law after the funds are transferred to the Allotment Account, the Lead Manager shall, along shall (with notice to the Registrar, Company) as provided in Annexure E, intimate the Banker to the Issue and the Registrar in writing and the Banker to the Issue shall, after notice to the Lead Manager and the Company, forthwith but not later than one (1) Business Day from the receipt of instructions in this respect, ensure that such funds are transferred from the Allotment Account to the Refund Account. The Refund Bank shall refund such amounts, within one (1) Business Day of the transfer of such amount to the Refund Account, to all Beneficiaries in accordance with the Applicable LawLaw as per the modes specified in the Letter of Offer. All refunds under this Agreement shall be payable by the Refund Bank and until such refunds are paid as agreed herein, the monies lying in the Refund Account shall be held solely for the benefit of the Beneficiaries without any right or lien thereon.

Events other than failure of the Issue. In the event, the Issue is not completed in the manner described in the Letter of Offer, the SEBI ICDR Regulations and any other Applicable Law after the funds are transferred to the Allotment Account, the Lead Manager shall, along with the Registrar, as provided in Annexure E, intimate the Banker to the Issue in writing and the Banker to the Issue shall, after notice to the Lead Manager and the Company, forthwith but not later than one (1) Business Working Day from the receipt of instructions in this respect, ensure that such funds are transferred from the Allotment Account to the Refund Account. The Refund Bank shall refund such amounts, within one (1) Business Working Day of the transfer of such amount to the Refund Account, to all Beneficiaries in accordance with the Applicable LawLaw as per the modes specified in the Letter of Offer. All refunds under this Agreement shall be payable by the Refund Bank and until such refunds are paid as agreed herein, the monies lying in the Refund Account shall be held solely for the benefit of the Beneficiaries without any right or lien thereon.

Events other than failure of the Issue. In the event, the Issue is not completed in the manner described in the Letter of Offer, the SEBI ICDR Regulations and any other Applicable Law after the funds are transferred to the Allotment Account, the Lead Manager shall, along with the Registrar, as provided in Annexure E, intimate the Banker to the Issue in writing (with a copy to the Company) and the Banker to the Issue shall, after providing written notice to the Lead Manager and the Company, forthwith but not later than one (1) Business Working Day from the receipt of instructions in this respect, ensure that such funds are transferred from the Allotment Account to the Refund Account. The Refund Bank shall refund such amounts, within one (1) Business Working Day of the transfer of such amount to the Refund Account, to all Beneficiaries in accordance with the Applicable Law. , as provided in Annexure J. All refunds under this Agreement shall be payable by the Refund Bank and until such refunds are paid as agreed herein, the monies lying in the Refund Account shall be held solely for the benefit of the Beneficiaries without any right or lien thereon.