Bankers to the Issue definition

Bankers to the Issue means collectively, the Escrow Collection Bank(s), the Refund Bank, the Public Issue Account Bank(s) and the Sponsor Bank(s);
Bankers to the Issue has the meaning attributed to such term in the preamble of this Agreement.
Bankers to the Issue shall have the meaning ascribed to such term in the Preamble of this Agreement;

Examples of Bankers to the Issue in a sentence

  • The values that have been used in the final simulation are contained in Table 6.

  • However, the Bankers to the Issue receiving the duly completed Application Form will acknowledge receipt of the application by stamping and returning to the applicant the acknowledgement slip at the bottom of each Application Form.

  • Any application not meeting this criterion will not be considered for allotment purpose.5. Remittance for the full amount of units must accompany each application and must be forwarded to any of the Bankers to the Issue.

  • However, the Bankers to the Issue IRFC receiving the duly completed Application Form will acknowledge receipt of the application by stamping and returning to the applicant the acknowledgement slip at the bottom of each Application Form.

  • If the Applicant has provided accurate and complete details of his bank account in the Application, the Bankers to the Issue will make refund payments up to and inclusive of Sri Lanka Rupees Five Million (LKR 5,000,000/-) to the bank account specified by the Applicant, through SLIPS and a payment advice will be sent.

  • If the Applicant has provided accurate and complete details of his bank account in the Application, the Bankers to the Issue will make refund payments up to and inclusive of Rupees Five Million (LKR 5,000,000/-) to the bank account specified by the Applicant, through SLIPS and a payment advice will be sent.

  • On the Designated Date, the Escrow Collection Banks shall transfer the funds represented by allocation of Equity Shares (other than ASBA funds with the SCSBs) from the Escrow Account, as per the terms of the Escrow Agreement, into the Public Issue Account with the Bankers to the Issue.

  • Applications shall be deemed to have been received by the Issuer only when submitted to Bankers to the Issue at their designated branches or on receipt by the Registrar as detailed above and not otherwise.

  • However, Bankers to the Issue at their Designated Branch (es) receiving the duly completed Application Forms will acknowledge the receipt of the applications by stamping and returning the acknowledgment slip to the applicant.

  • On the Designated Date, the Escrow Collection Banks shall transfer the funds represented by allocation of Equity Shares (other than ASBA funds with the SCSBs) from the Escrow Account, as per the terms of the Escrow Agreement, into the Publ ic Issue Account with the Bankers to the Issue.


More Definitions of Bankers to the Issue

Bankers to the Issue means INDUSIND BANK LIMITED, collectively acting as the Escrow Collection Bank, Allotment Bank and the Refund Bank;
Bankers to the Issue means collectively, the Escrow Collection Bank(s), Refund Bank(s), Public Issue Account Bank(s) and the Sponsor Bank(s), as the case may be.
Bankers to the Issue means the banks which will maintain the Rights Issue Account.

Related to Bankers to the Issue

  • Costs of Issuance Fund means the fund by that name established and held by the Trustee pursuant to Section 3.03.

  • Liquidation Proceeds Amounts, including Insurance Proceeds, received in connection with the partial or complete liquidation of defaulted Mortgage Loans, whether through trustee's sale, foreclosure sale or otherwise or amounts received in connection with any condemnation or partial release of a Mortgaged Property and any other proceeds received in connection with an REO Property, less the sum of related unreimbursed Servicing Fees and Advances.