Examples of Application Moneys in a sentence
The Company hereby directs the Underwriter to deduct and retain from any Application Moneys held on trust by the Underwriter for the Company, the Underwriting Commission and any other amounts which are owed by the Company to the Underwriter under clause 9.1 or clause 9.2 provided that such deduction and retention of the Application Moneys does not occur until such time as the Underwritten Shares have been issued and allotted by the Company in accordance with the Compliance Rules.
The Company will appoint the Receiving Bankers to act as the receiving bankers in connection with the receiving of Hong Kong Public Offering Applications and Preferential Offering Applications and the Nominees in connection with the receiving and holding of Hong Kong Public Offering Application Moneys and Preferential Offering Application Moneys and any interest accruing thereon, in both cases on and subject to the terms and conditions of the Receiving Bankers Agreement.
ON BEHALF OF THE SELLING SHAREHOLDER HSBC, on behalf of the Selling Shareholder, will arrange for the Nominee to transfer from the Public Offer Application Moneys such amount of the stamp duty payable by the Selling Shareholder and the purchasers of the Public Offer Shares in connection with the transfer of the Public Offer Shares, for payment by HSBC to the Inland Revenue Department of the Government of Hong Kong.
All amounts due hereunder shall be due and payable on or before the Listing Date and may be deducted from the Public Offer Application Moneys pursuant to Clause 3.6.
In accordance with the terms of the Receiving Banker Agreement and the Sub-Registrars Agreement, the Nominee will pay, and the Sub-Registrars will arrange for the distribution of cheques, to applicants under the Public Offer who are entitled to receive any refund of Public Offer Application Moneys in accordance with the terms of the Public Offer Documents.