Common use of SYNDICATE STRUCTURE Clause in Contracts

SYNDICATE STRUCTURE. 2.1 This Agreement sets forth the various obligations and responsibilities of the members of the Syndicate and the Sub-Syndicate Members in relation to the procurement of Bids including Bids submitted by ASBA Bidders to members of the Syndicate and the Sub-Syndicate Members at the Specified Locations only (other than Bids directly submitted by the ASBA Bidders to the SCSBs or Bids collected by Registered Brokers at the Broker Centres, CDPs at the Designated CDP Locations and CRTAs at the Designated RTA Locations) and collection of Bids submitted by the Anchor Investors at select offices of the BRLMs. The Parties acknowledge and agree that entering into this Agreement or the Fee Letter, as applicable shall not create or be deemed to create any obligation, agreement or commitment, whether express or implied, on the members of the Syndicate to purchase or place the Offered Shares, or to enter into any underwriting agreement (“Underwriting Agreement”) with respect to the Offer, or to provide any financing or underwriting to the Company, the Selling Shareholders, or any of their respective Affiliates (as applicable). For avoidance of doubt, this Agreement is not intended to constitute, and should not be construed as, an agreement or commitment, directly or indirectly, among the Parties with respect to the placement, subscription, purchase or underwriting of any Equity Shares. In the event the Company, the Selling Shareholders and the members of the Syndicate enter into an Underwriting Agreement, such agreement shall, inter alia, include customary representations and warranties, conditions as to closing of the Offer (including the provision of comfort letters, arrangement letters and legal opinions), indemnity, contribution, termination and force majeure provisions, in form and substance mutually satisfactory to the Parties.

SYNDICATE STRUCTURE. 2.1 This Agreement sets forth the various obligations and responsibilities of the members of the Syndicate and the Sub-Syndicate Members in relation to the procurement of Bids from Bidders in respect of the Issue, including Bids submitted by Syndicate ASBA Bidders to members of the Syndicate and the Sub-Syndicate Members at the Specified Locations only (other than Bids directly submitted by the Syndicate ASBA Bidders to the SCSBs or Bids collected by Registered Brokers at the Broker Centres, CDPs Collecting Depository Participants at the Designated CDP Locations and CRTAs at the Designated RTA Locations) and collection of Bids submitted by the Anchor Investors at select offices of the BRLMs. The Parties acknowledge and agree that entering into For the avoidance of doubt, this Agreement or the Fee Letteris not intended to constitute, as applicable and shall not create or be deemed to create any obligation, agreement or commitment, whether express or implied, on the members BRLMs or any of the Syndicate to purchase or place the Offered Shares, or their Affiliates to enter into any underwriting agreement (“Underwriting Agreement”) in connection with respect to the Offer, Issue or to provide any financing or underwriting to the Company, the Selling Shareholders, or any of their respective Company its Affiliates (as applicable). For avoidance of doubt, and this Agreement is not intended to constitute, and should not be construed as, an agreement or commitment, directly or indirectly, among amongst the Parties with respect to the placement, subscription, purchase purchase, selling or underwriting of any Equity Sharessecurities of the Company or providing any financing to the Company or its Affiliates. In the event the Company, the Selling Shareholders Company and the members of the Syndicate Underwriters enter into an Underwriting Agreement, such agreement shall, inter alia, include customary representations and warranties, conditions as to closing of the Offer Issue (including the provision of comfort letters, arrangement letters, representation letters and legal opinions)) and lock-up, indemnity, contribution, termination and force majeure provisions, in form and substance mutually satisfactory to the PartiesCompany and the Underwriters.

SYNDICATE STRUCTURE. 2.1 This Agreement sets forth the various obligations and responsibilities of the members of the Syndicate and the Sub-Syndicate Members in relation to the procurement of Bids from Bidders, including Bids submitted by ASBA Bidders to members of the Syndicate and the Sub-Syndicate Members at the Specified Locations only in respect of the Offer (other than Bids directly submitted by the ASBA Bidders to the SCSBs at Designated SCSBs or Bids collected by Registered Brokers at the Broker Centres, CDPs at the Designated CDP Locations and CRTAs RTAs at the Designated RTA Locations) and collection of Bids submitted by the Anchor Investors at select offices of the BRLMs. The Parties acknowledge and agree that entering into this Agreement or the Fee Letter, as applicable shall not create or be deemed deem to create any obligation, agreement or commitment, whether express or implied, on the members BRLMs, Syndicate Member or any of the Syndicate to purchase or place the Offered Shares, or their Affiliates to enter into any underwriting agreement (the “Underwriting Agreement”) in connection with respect to the Offer, Offer or to provide any financing or underwriting to the Company, the Selling Shareholders, Shareholders or any of their respective Affiliates (as applicable)Affiliates. For the avoidance of doubt, this Agreement is not intended to constitute, and should not be construed as, an agreement or commitment, directly or indirectly, among on the Parties BRLMs, Syndicate Member or any of their Affiliates with respect to the placement, subscription, purchase or underwriting of any Equity Shares. In the event the Company, the Selling Shareholders and the members of underwriters to be appointed in relation to the Syndicate Offer (“Underwriters”) enter into an the Underwriting Agreement, such agreement shall, inter alia, include customary representations and warranties, conditions as to closing of the Offer (including the provision of comfort letters, arrangement letters and legal opinions), lock-up from the Company and the Promoter Selling Shareholders, and indemnity, contribution, termination and force majeure provisions, in form and substance mutually satisfactory to the Partiesparties to the Underwriting Agreement. For avoidance of doubt, it is clarified that no member of the Syndicate shall be responsible under this Agreement for other members of the Syndicate (or the agents of such other members of the Syndicate, including their respective Sub-Syndicate Members) in connection with the Offer and each member of the Syndicate shall be treated as mutually exclusive of the other.

SYNDICATE STRUCTURE. 2.1 This Agreement sets forth the various obligations and responsibilities of the members of the Syndicate and the Sub-Syndicate Members in relation to the procurement of Bids including Bids submitted by ASBA Bidders to members of the Syndicate and the Sub-Syndicate Members at the Specified Locations only (other than Bids directly submitted by the ASBA Bidders to the SCSBs or Bids collected by Registered Brokers at the Broker Centres, CDPs at the Designated CDP Locations and CRTAs at the Designated RTA Locations) and collection of Bids submitted by the Anchor Investors at select offices of the BRLMs. The Parties acknowledge and agree that entering into For the avoidance of doubt, this Agreement or the Fee Letteris not intended to constitute, as applicable and shall not create or be deemed to create impose any obligation, agreement or commitment, whether express or implied, on the members BRLMs, Syndicate Member or any of the Syndicate their Affiliates to purchase or place the Offered Equity Shares, or to enter into any underwriting agreement in connection with the Offer (the “Underwriting Agreement”) with respect to the Offer, or to provide any financing or underwriting to the Company, the Selling Shareholders, Shareholders or any of their respective Affiliates (as applicable). For avoidance of doubt, this Agreement is not intended to constitute, and should not be construed as, an agreement or commitment, directly or indirectly, among the Parties with respect to the placement, subscription, purchase or underwriting of any Equity Shares. In For avoidance of doubt, in the event the Company, the Selling Shareholders and the members of the Syndicate enter into an Underwriting AgreementOffer is proposed to be underwritten, such commitment will be made only by and in the event of execution of a specific underwriting agreement or an agreement of similar nature, which shall, inter alia, include customary representations and warranties, conditions as to closing of the Offer (including the provision of comfort letters, arrangement letters, representation letters and legal opinions, in form and substance satisfactory to the BRLMs), lock-up, indemnity, contribution, termination and force majeure provisions, provisions in form and substance mutually satisfactory to all the Partiesparties to the Underwriting Agreement, or an agreement of a similar nature.

SYNDICATE STRUCTURE. 2.1 This Agreement sets forth the various obligations and responsibilities of the members Members of the Syndicate and the Sub-Syndicate Members in relation to the procurement of Bids from Bidders in respect of the Issue, including Bids submitted by ASBA Bidders to members Members of the Syndicate and the Sub-Syndicate Members at the Specified Locations only in respect of the Issue (other than Bids directly submitted by the ASBA Bidders to the SCSBs or SCSBs, Bids collected by Registered Brokers at the Broker Centres, CDPs Collecting Depository Participants at the Designated CDP Locations and CRTAs RTAs at the Designated RTA Locations) and collection of Bids submitted by the Anchor Investors at the select offices of the BRLMs and Bids submitted by the Anchor Investors at the offices of the BRLMs. The Parties acknowledge and agree that entering into this Agreement or the Fee Letter, as applicable shall not create or be deemed to create any obligation, agreement or commitment, whether express or implied, on the members BRLMs or any of the Syndicate their Affiliates to purchase or place the Offered Shares, Equity Shares or to enter into any underwriting agreement (“Underwriting Agreement”) in connection with respect to the Offer, Issue or to provide any financing or underwriting to the Company, the Selling Shareholders, Company or any of their its respective Affiliates (as applicable)Affiliates. For the avoidance of doubt, this Agreement is not intended to constitute, and should not be construed as, an agreement or commitment, directly or indirectly, indirectly among the Parties with respect to the placement, subscription, purchase purchase, selling or underwriting of any Equity Shares. In securities of the event Company or any of its Affiliates or providing any financing to the Company, the Selling Shareholders and the members . Such an agreement will be made only by way of execution of the Syndicate enter into an Underwriting Agreement, such agreement which shall, inter alia, include customary representations and warranties, conditions as to closing of the Offer Issue (including the provision of comfort letters, arrangement letters and legal opinions), indemnitylock-up, indemnity and contribution, termination and force majeure provisions, in form and substance mutually satisfactory to the PartiesCompany and the Underwriters.

SYNDICATE STRUCTURE. 2.1 This Agreement sets forth the various obligations and responsibilities of the members of the Syndicate and the Sub-Syndicate Members in relation to the procurement of Bids including Bids submitted by ASBA Bidders to members of the Syndicate and the Sub-Syndicate Members at the Specified Locations only (other than Bids directly submitted by the ASBA Bidders to the SCSBs or Bids collected by Registered Brokers at the Broker Centres, CDPs at the Designated CDP Locations and CRTAs at the Designated RTA Locations) and collection of Bids submitted by the Anchor Investors at select offices of the BRLMs. The Parties acknowledge and agree that entering into this Agreement or the Fee Letter, as applicable shall not create or be deemed to create any obligation, agreement or commitment, whether express or implied, on the members of the Syndicate to purchase or place the Offered Shares, or to enter into any underwriting agreement (“Underwriting Agreement”) with respect to the Offer, or to provide any financing or underwriting to the Company, the Selling Shareholders, or any of their respective Affiliates (as applicable). For avoidance of doubt, this Agreement is not intended to constitute, and should not be construed as, an agreement or commitment, directly or indirectly, among the Parties with respect to the placement, subscription, purchase or underwriting of any Equity Shares. In the event the Company, the Selling Shareholders and the members of the Syndicate enter into an Underwriting Agreement, such agreement shall, inter alia, include customary representations and warranties, conditions as to closing of the Offer (including the provision of comfort letters, arrangement letters and legal opinions), indemnity, contribution, termination and force majeure provisions, in form and substance mutually satisfactory to the Partiesparties to the Underwriting Agreement.

SYNDICATE STRUCTURE. 2.1 This Agreement sets forth the various obligations and responsibilities of the members of the Syndicate and the Sub-Syndicate Members in relation to the procurement of Bids from Bidders in respect of the Offer, including Bids submitted by Syndicate ASBA Bidders to members of the Syndicate and the Sub-Syndicate Members at the Specified Locations only in respect of the Offer (other than Bids directly submitted by the ASBA Bidders directly to the SCSBs or SCSBs, Bids collected by the Registered Brokers at the Broker Centres, Bids collected by the RTAs at the Designated RTA Locations, Bids collected by CDPs at the Designated CDP Locations and CRTAs at the Designated RTA Locations) and collection of Bids submitted by the Anchor Investors at select offices of the BRLMs. The Parties acknowledge and agree that entering into this Agreement or the Fee Letter, as applicable shall not create or be deemed to create any obligation, agreement or commitment, whether express or implied, on the members of the Syndicate BRLMs or their Affiliates to purchase or place the Offered Equity Shares, or to enter into any underwriting agreement (“Underwriting Agreement”) in connection with respect to the Offer, or to provide any financing or underwriting to the CompanyCompany or the Company Affiliates, or the Selling Shareholders, or any of their respective Affiliates (as applicable)Affiliates. For the avoidance of doubt, this Agreement is not intended to constitute, and should not be construed as, an agreement or commitment, directly or indirectly, among the Parties with respect to the placement, subscription, purchase or underwriting of any Equity Shares. Such an agreement in respect of the Offer will be made only by the execution of the Underwriting Agreement. In the event the Company, the Selling Shareholders and the members of the Syndicate BRLMs enter into an Underwriting Agreement, such agreement shall, inter alia, include customary representations and warranties, conditions as to closing of the Offer (including the provision of comfort letters, arrangement letters and legal opinions), indemnity, contribution, termination and force majeure provisions, shall be in a form and substance mutually satisfactory to the Partiesparties to such Underwriting Agreement.