Hong Kong Public Offering Underwriting Commitment definition

Hong Kong Public Offering Underwriting Commitment means, in relation to any Hong Kong Underwriter, the number of Hong Kong Offer Shares which such Hong Kong Underwriter has agreed to procure applications to purchase, or failing which itself as principal apply to purchase, pursuant to the terms of this Agreement, as set forth opposite the name of such Hong Kong Underwriter in Schedule 1, subject to reallocation as provided in Clauses 2.6 and 4.12;

Hong Kong Public Offering Underwriting Commitment means, in relation to any Hong Kong Underwriter, the number of Hong Kong Offer Shares which such Hong Kong Underwriter has agreed to procure applications to purchase, or failing which itself as principal apply to purchase, pursuant to the terms of this Agreement, being such number calculated by applying the percentage set forth opposite the name of such Hong Kong Underwriter in Schedule 1 to the aggregate number of Hong Kong Offer Shares determined after taking into account any reduction pursuant to Clause 2.6 and 4.12, as applicable, but not in any event exceeding the maximum number of Hong Kong Offer Shares as shown opposite the name of such Hong Kong Underwriter in Schedule 1;

Hong Kong Public Offering Underwriting Commitment means, in relation to any Hong Kong Underwriter, the number of Hong Kong Offer Shares which such Hong Kong Underwriter has agreed to procure applications to purchase, or failing which itself as principal apply to purchase, pursuant to the terms of this Agreement, being such number calculated by applying the percentage set forth opposite the name of such Hong Kong Underwriter in Schedule 2 to the aggregate number of Hong Kong Offer Shares determined after taking into account any adjustment pursuant to Clauses 2.6 and 4.12, as applicable, but not in any event exceeding the maximum number of Hong Kong Offer Shares as shown opposite the name of such Hong Kong Underwriter in Schedule 2;

Examples of Hong Kong Public Offering Underwriting Commitment in a sentence

• In consideration of the Hong Kong Underwriters assuming their Hong Kong Public Offering Underwriting Commitment under this Agreement, the Company shall pay to the Sole Global Coordinator (for itself and on behalf of the Hong Kong Underwriters) an underwriting commission equal to a total of 3.5 per cent.

• Detailed provisions relating to the set-off of the Hong Kong Public Offering Underwriting Commitment of a Hong Kong Underwriter are set out in Schedule 4.

• Detailed provisions relating to the set-off of the Hong Kong Public Offering Underwriting Commitment of a Hong Kong Underwriter are set out in Schedule 5.

• Detailed provisions relating to the set-off of the Hong Kong Public Offering Underwriting Commitment of the Hong Kong Underwriter are set out in Schedule 4.

• The respective entitlements of the Sole Representative and the Hong Kong Underwriters to the underwriting commission shall be shared among all the Hong Kong Underwriters in proportion to their respective Hong Kong Public Offering Underwriting Commitment.

• For the avoidance of doubt, the number of International Offer Shares for which a Hong Kong Underwriter or its affiliates (in its capacity as an International Underwriter) has purchased or procured purchasers under the International Offering shall not be used to set off that Hong Kong Underwriter's Hong Kong Public Offering Underwriting Commitment.

• Each Hong Kong Underwriter agrees that the Global Coordinator’s determination shall be conclusive and binding on it in the event of any dispute on matters relating to the Hong Kong Public Offering Underwriting Commitment.

• Except as otherwise permitted in the Hong Kong Underwriting Agreement or in Schedule 1 hereto, no Hong Kong Underwriter may appoint any sub-underwriter or undertake any sub-underwriting in respect of any part of its Hong Kong Public Offering Underwriting Commitment.

• China has reached the stage of economic develop- ment when the emphasis has gradually shifted from the growth of tangible inputs to innovation and tech- nological progress as the main economic driver.

• Detailed provisions relating to the set-off of the Hong Kong Public Offering Underwriting Commitment of a Hong Kong Underwriter are set out in SCHEDULE 4.

More Definitions of Hong Kong Public Offering Underwriting Commitment

Hong Kong Public Offering Underwriting Commitment in relation to a Hong Kong Underwriter, the maximum number of Hong Kong Offer Shares which such Hong Kong Underwriter has agreed to underwrite pursuant to the terms of this Agreement, as shown opposite the name of that Hong Kong Underwriter in Schedule 2, subject to adjustments as set out in Clauses 2.6 and 2.7;

Hong Kong Public Offering Underwriting Commitment means, in relation to any Hong Kong Underwriter, the maximum number of Hong Kong Offer Shares which such Hong Kong Underwriter has agreed to procure applications to purchase, or failing which itself as principal apply to purchase, pursuant to the terms of this Agreement, as shown opposite the name of such Hong Kong Underwriter in Schedule 1, subject to any adjustment and reallocation pursuant to Clauses 2.7, 4.11 and 4.12, as applicable;

Hong Kong Public Offering Underwriting Commitment means, in relation to any Hong Kong Underwriter, the number of Hong Kong Public Offer Shares which such Hong Kong Underwriter has agreed to procure applications to purchase, or failing which itself as principal apply to purchase, pursuant to the terms of this Agreement, being such number calculated by applying the percentage set forth opposite the name of such Hong Kong Underwriter in SCHEDULE 1 to the aggregate number of Hong Kong Public Offer Shares determined after taking into account any adjustment and reallocation pursuant to Clauses 2.7 and 4.12, as applicable, but in any event not exceeding the maximum number of Hong Kong Public Offer Shares as shown opposite the name of such Hong Kong Underwriter in SCHEDULE 1;