Common use of Hong Kong Underwriters’ set-off Clause in Contracts

Hong Kong Underwriters’ set-off. In relation to each Hong Kong Public Offering Application made or procured to be made by the Hong Kong Underwriter otherwise than pursuant to the provisions of Clause 4.9, the Hong Kong Public Offering Underwriting Commitment of the Hong Kong Underwriter shall, subject to the Application Form(s) having been marked with the name of the Hong Kong Underwriter and to such Hong Kong Public Offering Application having been accepted (whether in whole or in part) pursuant to the provisions of Clause 4.5 and thus becoming an Accepted Hong Kong Public Offering Application, be reduced pro tanto by the number of Hong Kong Offer Shares accepted pursuant to and comprised in such Accepted Hong Kong Public Offering Application until the Hong Kong Public Offering Underwriting Commitment of the Hong Kong Underwriter is reduced to zero. Detailed provisions relating to the set-off of the Hong Kong Public Offering Underwriting Commitment of the Hong Kong Underwriter are set out in Schedule 4.

Hong Kong Underwriters’ set-off. In relation to each Hong Kong Public Offering Application made or procured to be made by any of the Hong Kong Underwriter Underwriters otherwise than pursuant to the provisions of Clause 4.9, the Hong Kong Public Offering Underwriting Commitment of the such Hong Kong Underwriter shall, subject to the Application Form(s) having been marked or identified with the name of the such Hong Kong Underwriter (or any sub-underwriter of such Hong Kong Underwriter) to the extent practicable and to such Hong Kong Public Offering Application having been accepted (whether in whole or in part) pursuant to the provisions of Clause 4.5 and thus becoming an Accepted Hong Kong Public Offering Application, be reduced pro tanto by the number of Hong Kong Offer Shares accepted pursuant to and comprised in such Accepted Hong Kong Public Offering Application until the Hong Kong Public Offering Underwriting Commitment of the such Hong Kong Underwriter is reduced to zero. Detailed provisions relating to the set-off of the Hong Kong Public Offering Underwriting Commitment of the a Hong Kong Underwriter are set out in Schedule 4.

Hong Kong Underwriters’ set-off. In relation to each Hong Kong Public Offering Application made or procured to be made by any of the Hong Kong Underwriter Underwriters otherwise than pursuant to the provisions of Clause 4.9, the Hong Kong Public Offering Underwriting Commitment of the such Hong Kong Underwriter shall, subject to the Application Form(s) applications having been marked or identified with the name of the such Hong Kong Underwriter and to such Hong Kong Public Offering Application having been accepted (whether in whole or in part) pursuant to the provisions of Clause 4.5 and thus becoming an Accepted Hong Kong Public Offering Application, be reduced pro tanto by the number of Hong Kong Offer Shares accepted pursuant to and comprised in such Accepted Hong Kong Public Offering Application until the Hong Kong Public Offering Underwriting Commitment of the such Hong Kong Underwriter is reduced to zero. Detailed provisions relating to the set-off of the Hong Kong Public Offering Underwriting Commitment of the a Hong Kong Underwriter are set out in Schedule 45.

Hong Kong Underwriters’ set-off. In relation to each Hong Kong Public Offering Application made or procured to be made by any of the Hong Kong Underwriter Underwriters otherwise than pursuant to the provisions of Clause 4.9, the Hong Kong Public Offering Underwriting Commitment of the such Hong Kong Underwriter shall, subject to the Application Form(s) applications having been marked or identified with the name of the such Hong Kong Underwriter (or any sub-underwriter of such Hong Kong Underwriter) to the extent practicable and to such Hong Kong Public Offering Application having been accepted (whether in whole or in part) pursuant to the provisions of Clause 4.5 and thus becoming an Accepted Hong Kong Public Offering Application, be reduced pro tanto by the number of Hong Kong Offer Shares accepted pursuant to and comprised in such Accepted Hong Kong Public Offering Application until the Hong Kong Public Offering Underwriting Commitment of the such Hong Kong Underwriter is reduced to zero. Detailed provisions relating to the set-off of the Hong Kong Public Offering Underwriting Commitment of the a Hong Kong Underwriter are set out in Schedule 4.

Hong Kong Underwriters’ set-off. In relation to each Hong Kong Public Offering Application made or procured to be made by any of the Hong Kong Underwriter Underwriters otherwise than pursuant to the provisions of Clause 4.9, the Hong Kong Public Offering Underwriting Commitment of the such Hong Kong Underwriter shall, subject to the Application Form(sapplication(s) having been marked with the name of the such Hong Kong Underwriter (or any sub-underwriter of such Hong Kong Underwriter) and to such Hong Kong Public Offering Application having been accepted (whether in whole or in part) pursuant to the provisions of Clause 4.5 and thus becoming an Accepted Hong Kong Public Offering Application, be reduced pro tanto by the number of Hong Kong Offer Shares accepted pursuant to and comprised in such Accepted Hong Kong Public Offering Application until the Hong Kong Public Offering Underwriting Commitment of the such Hong Kong Underwriter is reduced to zero. Detailed provisions relating to the set-off of the Hong Kong Public Offering Underwriting Commitment of the a Hong Kong Underwriter are set out in Schedule 45.

Hong Kong Underwriters’ set-off. In relation to each Hong Kong Public Offering Application made or procured to be made by any of the Hong Kong Underwriter Underwriters otherwise than pursuant to the provisions of Clause 4.9, the Hong Kong Public Offering Underwriting Commitment of the such Hong Kong Underwriter shall, subject to the Application Form(s) having been marked with the name of the such Hong Kong Underwriter (or any sub-underwriter of such Hong Kong Underwriter) and to such Hong Kong Public Offering Application having been accepted (whether in whole or in part) pursuant to the provisions of Clause 4.5 and thus becoming an Accepted Hong Kong Public Offering Application, be reduced pro tanto by the number of Hong Kong Public Offer Shares accepted pursuant to and comprised in such Accepted Hong Kong Public Offering Application until the Hong Kong Public Offering Underwriting Commitment of the such Hong Kong Underwriter is reduced to zero. Detailed provisions relating to the set-off of the Hong Kong Public Offering Underwriting Commitment of the a Hong Kong Underwriter are set out in Schedule SCHEDULE 4.

Hong Kong Underwriters’ set-off. In relation to each Hong Kong Public Offering Application made or procured to be made by any of the Hong Kong Underwriter Underwriters otherwise than pursuant to the provisions of Clause 4.9, the Hong Kong Public Offering Underwriting Commitment of the such Hong Kong Underwriter shall, subject to the Application Form(s) having been marked with the name of the such Hong Kong Underwriter and to such Hong Kong Public Offering Application having been accepted (whether in whole or in part) pursuant to the provisions of Clause 4.5 and thus becoming an Accepted Hong Kong Public Offering Application, be reduced pro tanto by the number of Hong Kong Offer Shares accepted pursuant to and comprised in such Accepted Hong Kong Public Offering Application until the Hong Kong Public Offering Underwriting Commitment of the such Hong Kong Underwriter is reduced to zero. Detailed provisions relating to the set-off of the Hong Kong Public Offering Underwriting Commitment of the a Hong Kong Underwriter are set out in Schedule 4.

Hong Kong Underwriters’ set-off. In relation to each Hong Kong Public Offering Application made or procured to be made by any of the Hong Kong Underwriter Underwriters otherwise than pursuant to the provisions of Clause 4.9, the Hong Kong Public Offering Underwriting Commitment of the such Hong Kong Underwriter shall, subject to the Application Form(s) applications having been marked or identified with the name of the such Hong Kong Underwriter (or any sub-underwriter of such Hong Kong Underwriter) to the extent practicable and to such Hong Kong Public Offering Application having been accepted (whether in whole or in part) pursuant to the provisions of Clause 4.5 and thus becoming an Accepted Hong Kong Public Offering Application, be reduced pro tanto by the number of Hong Kong Offer Shares accepted pursuant to and comprised in such Accepted Hong Kong Public Offering Application until the Hong Kong Public Offering Underwriting Commitment of the such Hong Kong Underwriter is reduced to zero. Detailed provisions relating to the set-off of the Hong Kong Public Offering Underwriting Commitment of the a Hong Kong Underwriter are set out in Schedule 4.4.‌