Bankers to the Issue definition

Bankers to the Issue means collectively, the Escrow Collection Bank, the Public Issue Account Bank, the Refund Bank, and the Sponsor Banks, as the case may be;
Bankers to the Issue has the meaning attributed to such term in the preamble of this Agreement.
Bankers to the Issue means the banks which will maintain the Rights Issue Account.

Examples of Bankers to the Issue in a sentence

  • The Bankers to the Issue that has resigned shall continue to be bound by the terms of this Agreement and the duties and obligations contained herein until the appointment of the substitute banker to the issue and the transfer of the Bid Amounts or other monies held by the resigning Bankers to the Issue to the substitute banker to the issue, if applicable.

  • The resigning Bankers to the Issue shall continue to be liable for any and all of its actions and omissions until such resignation becomes effective.

  • Until 21 (twenty-one) days before the Bid/Issue Opening Date, each Bankers to the Issue shall be entitled to resign from its obligations under this Agreement.

  • The Bankers to the Issue shall not in any case whatsoever use the amounts held in Escrow Accounts and/or the Public Issue Account Bank and/or Refund Account to satisfy this indemnity.

  • Each of the Bankers to the Issue and the Registrar to the Issue undertake that their branch(es), or any Affiliate, to whom they disclose information pursuant to this Agreement, shall abide by the confidentiality obligations imposed by this Clause 17.

  • Each Bankers to the Issue may resign from its obligations under this Agreement at any time after the Bid/Issue Opening Date, but only by mutual agreement with the Managers and the Company, and subject to the receipt of necessary permissions from the SEBI or any other Governmental Authorities.

  • The specimen signatures of the Company, the Managers and the Registrar to the Issue for the purpose of instructions to the Escrow Collection Bank, Public Issue Account Bank, the Refund Bank and the Sponsor Banks, as the case may be, as provided in Schedule VIII A, VIII B and VIII C, will be provided to the Bankers to the Issue before the Bid/Issue Opening Date.

Related to Bankers to the Issue

  • Full Prepayment Any payment of the entire principal balance of a Mortgage Loan which is received in advance of its scheduled Due Date and is not accompanied by an amount of interest representing scheduled interest due on any date or dates in any month or months subsequent to the month of prepayment.

  • Borrower Solicitation of Discounted Prepayment Offers means the solicitation by the applicable Borrower Party of offers for, and the subsequent acceptance, if any, by a Lender of, a voluntary prepayment of Term Loans at a discount to par pursuant to Section 2.05(a)(v)(D).

  • Borrower Solicitation of Discount Range Prepayment Offers means the solicitation by any Company Party of offers for, and the corresponding acceptance by a Lender of, a voluntary prepayment of Term Loans at a specified range of discounts to par pursuant to Section 2.05(a)(v)(C).

  • Borrower Offer of Specified Discount Prepayment means the offer by any Company Party to make a voluntary prepayment of Term Loans at a Specified Discount to par pursuant to Section 2.05(a)(v)(B).