Sub-underwriting. The Hong Kong Underwriters shall be entitled to enter into sub- underwriting arrangements in respect of any part of their respective Hong Kong Public Offering Underwriting Commitments, provided that no Hong Kong Underwriter shall offer or sell Hong Kong Offer Shares in connection with any such sub-underwriting to any person in respect of whom such offer or sale would be in contravention of applicable Laws and the selling restrictions set out in the Prospectus. All sub- underwriting commission shall be borne by the relevant Hong Kong Underwriter absolutely.
Sub-underwriting. Subject to any applicable law and regulation, the Underwriter shall be at liberty to sub- underwrite its underwriting obligations under this Agreement upon such terms and conditions as it deems fit. The Underwriter shall be responsible for all acts and matters done by the sub-underwriters appointed by it.
Sub-underwriting. Subject to the provisions of clause 8.12, the Underwriters may sub-underwrite their underwriting commitments in relation to the Rights Issue at their discretion, either through entities pertaining to their respective groups or third parties outside their respective groups. The Underwriters shall pay all fees, costs and expenses payable to sub-underwriters out of the underwriting commission provided for in clause 11.2.
Sub-underwriting. OUB shall be at liberty to sub-underwrite its underwriting obligations under this Agreement upon such terms and conditions as set out in a letter dated 17th September, 1999 from the Managers to the Company. Citicorp shall be at liberty to sub-underwrite its underwriting obligations under this Agreement provided that Citicorp shall not sub-underwrite its underwriting obligations to any financial institution other than Citibank, N.A. or any of its affiliates without seeking clearance from OUB.
Sub-underwriting. The Public Offer Underwriters shall be entitled to enter into sub-underwriting arrangements in respect of any part of their respective Public Offer Underwriting Commitments, PROVIDED THAT the Public Offer Underwriters shall use the form of sub-underwriting letter as approved by the Sole Overall Coordinator for this purpose and PROVIDED FURTHER THAT no Public Offer Underwriter shall offer the Public Offer Shares in connection with any such sub-underwriting to any person in respect of whom such offer would be in contravention of applicable Laws. All sub-underwriting commission shall be borne by the relevant Public Offer Underwriter absolutely. The relevant Public Offer Underwriters shall remain fully liable for all acts and omissions of any sub-underwriters appointed, subject to Clause 9.
Sub-underwriting. The Hong Kong Underwriters shall be entitled to enter into sub-underwriting arrangements in respect of any part of their respective Hong Kong Underwriting Commitments, provided that no Hong Kong Underwriter shall offer or sell Hong Kong Offer Shares in connection with any such sub-underwriting to any person in respect of whom such offer or sale would be in contravention of applicable Laws and the selling restrictions set out in the Hong Kong Prospectus. All sub-underwriting commission shall be borne by the relevant Hong Kong Underwriter absolutely. For the avoidance of doubt, in the event a sub-underwriter is appointed under this Clause 3.12, such relevant Hong Kong Underwriter shall remain liable for the acts and omissions of the sub-underwriter with whom it has entered into sub-underwriting arrangements, and none of the Warrantors owes any duty or obligations to any of the sub-underwriters so appointed nor any of the representations and warranties set out in Schedule 3 are for the benefit of such sub-underwriter.
Sub-underwriting. The Singapore Underwriter shall be at liberty to sub-underwrite its underwriting obligations under this Agreement upon such terms and conditions as it deems fit.
Sub-underwriting. The Underwriter may at its cost, appoint one or more sub-underwriters to sub-underwrite the Offer in consultation with the Issuer including, without limitation, to subscribe, bid, apply for, or nominate allottees of, any of the Shortfall CDIs in its absolute discretion; provided any such sub-underwriters make customary representations and warranties with respect to US securities law matters as appropriate. The Underwriter shall be responsible for assuring that the participation by each sub-underwriter complies with applicable law, including securities laws, of the jurisdiction where such sub-underwriter is located.
Sub-underwriting. The International Underwriters shall be entitled to enter into sub-underwriting agreements in respect of any part of their respective underwriting commitments, provided that no International Underwriter shall offer or sell any International Offer Shares in connection with any such sub-underwriting arrangements to any person in respect of whom such offer or sale would be in contravention of the Listing Rules, applicable Laws or any selling restrictions set out in any of the offering documents. All sub-underwriting commission shall be borne by the relevant International Underwriter and shall not be for the account of the Company.
Sub-underwriting. The Underwriter may have all or part of the Underwriter's Commitment sub-underwritten. However, such sub-underwriting will not affect the Underwriter's liability to the Company.
