Examples of IPO Loan in a sentence
Whenever GTJAS receives a Refund Amount or the agent pays GTJAS a Refund Amount, GTJAS will, at its absolute discretion, apply it in satisfaction of any outstanding fees, charges, commissions, levies and taxes payable in relation to the application, and where applicable, any interest on the IPO Loan accrued up to the date of the receipt of payment of the Refund Amount and any outstanding indebtedness owed by the Client to GTJAS in respect of the IPO Loan.
The Client agrees to fully indemnify (on demand) and hold harmless each of GTJAS, other members of the GTJA Group, their respective employees and agents against all Loss which they may suffer in connection with the IPO Loan to the Client or the subscription for IPO Shares by the Client.
The Client agrees to fully indemnify and hold harmless each of GTJAS, other members of the GTJA Group, their respective employees and agents against all Loss which they may suffer in connection with the IPO Loan to the Client or the subscription for IPO Shares by the Client.
For details of the Subscription Fees and the IPO Loan Interests, the Client may refer to the Initial Public Offering Subscription Statement prepared by USL and/or the fee schedule, as amended or supplemented from time to time, which is available on USL’s website.
The Company, on receipt of a request from the Client to apply for IPO Shares, may provide an IPO Loan.
The restructuring process has led to a substantial re- duction in Group indebtedness, worth about Euro 765 million (from Euro 2,605 million at December 31, 2018 to Euro 1,840 million at December 31, 2019), mostly arising from the Publicly Issued Fixed-Rate Bond and the IPO Loan.
USL will also charge the Client interests for IPO Loan (“IPO Loan Interests”), if any.
For the avoidance of doubt, once the application for subscription of IPO Shares has been lodged as instructed by the Client, the Subscription Fees (if any) and the IPO Loan Interests (if any) are non-refundable for whatever reasons.
For the avoidance of doubt, the IPO Loan is made to the Client, in the Client’s own capacity and the Client agrees and acknowledges that the IPO Loan is not made on behalf of its underlying clients.
The IPO Loan shall be repaid, together with all interest accrued thereon and any other amounts outstanding in full on the refund date as specified in the relevant placing and public offer documents.