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

Events other than failure of the Offer. In the event that the listing of the Equity Shares does not occur in the manner described in the Offer Documents, SEBI ICDR Regulations and any other Applicable Law, after the funds are transferred to the Public Offer Account, the Company and the Lead Manager shall, intimate the Bankers to the Offer and the Registrar in writing with a copy to the Promoter Selling Shareholder (as provided in Schedule X) and the Bankers to the Offer and the Registrar shall, after a notice to the Lead Manager, the Company and the Promoter Selling Shareholder, forthwith but not later than one (1) Working Day from the date of the receipt of the list of Beneficiaries and the amounts to be refunded thereto, ensure the transfer of amounts held in the Public Offer Account into the Refund Account in accordance with the Applicable Law and as per the modes specified in the Red Xxxxxxx Prospectus and the Prospectus. The Refund Account Bank shall refund such amounts as described in Schedule X, within one Working Day of the transfer of such amount to the Refund Account to all the Beneficiaries in accordance with the Applicable Law as per the modes specified in the RHP and the Prospectus. All refunds under this Agreement shall be payable by the Refund Account Bank and until such refunds are paid as agreed herein, the monies lying in the Refund Account shall be held for the benefit of the Beneficiaries without any right or lien thereon.

Events other than failure of the Offer. In the event that the listing of the Equity Shares does not occur in the manner described in the Offer Documents, SEBI ICDR Regulations and any other Applicable Law, after the funds are transferred to the Public Offer Account, the Company and the Lead Manager BRLMs shall, intimate the Bankers to the Offer and the Registrar in writing with a copy to the Promoter Selling Shareholder Shareholders (as provided in Schedule X) and the Bankers to the Offer and the Registrar shall, after a notice to the Lead ManagerBRLMs, the Company and the Promoter Selling ShareholderShareholders, forthwith but not later than one (1) Working Day from the date of the receipt of the list of Beneficiaries and the amounts to be refunded thereto, ensure the transfer of amounts held in the Public Offer Account into the Refund Account in accordance with the Applicable Law and as per the modes specified in the Red Xxxxxxx Prospectus and the Prospectus. The Refund Account Bank shall refund such amounts as described in Schedule X, within one Working Day of the transfer of such amount to the Refund Account to all the Beneficiaries in accordance with the Applicable Law as per the modes specified in the RHP and the Prospectus. All refunds under this Agreement shall be payable by the Refund Account Bank and until such refunds are paid as agreed herein, the monies lying in the Refund Account shall be held for the benefit of the Beneficiaries without any right or lien thereon.

Events other than failure of the Offer. In the event that the listing of the Equity Shares does not occur in the manner described in the Offer Documents, SEBI ICDR Regulations and any other Applicable Law, after the funds are transferred to the Public Offer Account, the Company and the Lead Manager shall, Managers shall intimate the Bankers to the Offer and the Registrar in writing with a copy to the Promoter Selling Shareholder Shareholders (as provided in Schedule X) and the Bankers to the III). The Public Offer Account Bank / Escrow Collection Bank and the Registrar shall, after a notice to the Lead ManagerManagers, the Company and the Promoter Selling ShareholderShareholders, forthwith but not later than one (1) Working Day from the date of the receipt of the list of Beneficiaries and the amounts to be refunded theretoabove notice, ensure the transfer of amounts held in the Public Offer Account Account/Escrow Accounts into the Refund Account in accordance with the Applicable Law and as per the modes specified in the Red Xxxxxxx Prospectus and the ProspectusLaw. The Refund Account Bank shall refund such amounts as described in Schedule Xnotice issued by the Company and the Lead Managers as per this Clause 3.2.2, within one Working Day of the transfer of such amount to the Refund Account to all the Beneficiaries in accordance with the Applicable Law as per the modes specified in the RHP and the Prospectus. All refunds under this Agreement shall be payable by the Refund Account Bank and until such refunds are paid as agreed herein, the monies lying in the Refund Account shall be held for the benefit of the Beneficiaries without any right or lien thereon.

Events other than failure of the Offer. In the event that the listing of the Equity Shares does not occur in the manner described in the Offer Documents, SEBI ICDR Regulations and any other Applicable Law, after the funds are transferred to the Public Offer Account, the Company and the Lead Manager shall, Managers shall intimate the Bankers to the Offer and the Registrar in writing with a copy to the Promoter Selling Shareholder Shareholders (as provided in Schedule XIII) and the Bankers to the . The Public Offer Account Bank / Escrow Collection Bank and the Registrar shall, after a notice to the Lead ManagerManagers, the Company and the Promoter Selling ShareholderShareholders, forthwith but not later than one (1) Working Day from the date of the receipt of the list of Beneficiaries and the amounts to be refunded theretoabove notice, ensure the transfer of amounts held in the Public Offer Account Account/Escrow Accounts into the Refund Account in accordance with the Applicable Law and as per the modes specified in the Red Xxxxxxx Prospectus and the ProspectusLaw. The Refund Account Bank shall refund such amounts as described in Schedule Xnotice issued by the Company and the Lead Managers as per this Clause 3.2.2, within one Working Day of the transfer of such amount to the Refund Account to all the Beneficiaries in accordance with the Applicable Law as per the modes specified in the RHP and the Prospectus. All refunds under this Agreement shall be payable by the Refund Account Bank and until such refunds are paid as agreed herein, the monies lying in the Refund Account shall be held for the benefit of the Beneficiaries without any right or lien thereon.

Events other than failure of the Offer. In the event that the listing of the Equity Shares does not occur in the manner described in the Offer Documents, SEBI ICDR Regulations and any other Applicable Law, after the funds are transferred to the Public Offer Account, the Company and the Lead Manager Managers shall, intimate the Bankers to the Offer and the Registrar in writing with a copy to the Promoter Selling Shareholder Shareholders (as provided in Schedule X) and the Bankers to the Offer and the Registrar shall, after a notice to the Lead ManagerManagers, the Company and the Promoter Selling ShareholderShareholders, forthwith but not later than one (1) Working Day from the date of the receipt of the list of Beneficiaries and the amounts to be refunded thereto, ensure the transfer of amounts held in the Public Offer Account into the Refund Account in accordance with the Applicable Law and as per the modes specified in the Red Xxxxxxx Prospectus and the Prospectus. The Refund Account Bank shall refund such amounts as described in Schedule X, within one Working Day of the transfer of such amount to the Refund Account to all the Beneficiaries in accordance with the Applicable Law as per the modes specified in the RHP and the Prospectus. All refunds under this Agreement shall be payable by the Refund Account Bank and until such refunds are paid as agreed herein, the monies lying in the Refund Account shall be held for the benefit of the Beneficiaries without any right or lien thereon.

Events other than failure of the Offer. In the event that the listing of the Equity Shares does not occur in the manner described in the Offer DocumentsRed Xxxxxxx Prospectus, the Prospectus, the Preliminary Offering Memorandum, the Offering Memorandum, the SEBI ICDR Regulations and any other Applicable Law, after the funds are transferred to the Public Offer Account, the Company and the Book Running Lead Manager shall, Managers shall intimate the Bankers to Public Offer Account Bank, the Offer Refund Bank and the Registrar in writing (with a copy to the Promoter Company and each of the Selling Shareholder (as Shareholders) in format provided in Schedule X) Annexure C and the Bankers to the Public Offer Account Bank and the Registrar shall, after a notice to notifying the Lead ManagerCompany, each of the Company Selling Shareholders and the Promoter Selling ShareholderBook Running Lead Managers, forthwith but not later than within one (1) Working Day from the date of the receipt of instructions in this respect from the list of Beneficiaries and Book Running Lead Managers, transfer the amounts to be refunded thereto, ensure the transfer of amounts held in the Public Offer Account into to the Refund Account and the Refund Bank shall make payments in accordance with the Applicable Law and as per in accordance with the modes specified in the Red Xxxxxxx Prospectus and the Prospectus. The Refund Account Bank shall refund such amounts as described in Schedule X, within one Working Day of the transfer of such amount to the Refund Account to all the Beneficiaries in accordance with the Applicable Law as per the modes specified in the RHP and the Prospectus. All refunds under this Agreement shall be payable by the Refund Account Bank and until such refunds are paid as agreed herein, the monies lying in the Refund Account shall be held for the benefit of and in trust of the Beneficiaries without any right or lien thereon.