Issue Proceeds definition

Issue Proceeds means the gross proceeds of the Issue.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Issue Proceeds means the gross proceeds of the Issue that are available to the Company, excluding the proceeds from the Offer for Sale and any Issue related expenses.

Issue Proceeds means the proceeds of the issuance of the Securities;

Examples of Issue Proceeds in a sentence

• This Agreement is executed and delivered to define the obligations of the Company to utilize the Issue Proceeds in the manner as prescribed in the Prospectus, and the role of the Monitoring Agency to monitor the utilization of the Issue Proceeds and the Unutilized Pre-IPO Proceeds as per the schedule of utilization of proceeds as provided in the Prospectus.

• In terms of the SEBI ICDR Regulations, as amended from time to time, the Company is required to appoint a credit rating agency as a monitoring agency for monitoring the utilization of Issue Proceeds and the Unutilized Pre-IPO Proceeds (as defined hereinafter) in respect of the proposed Issue.

• In the event this Agreement is terminated prior to utilisation of 100% of the Issue Proceeds and Unutilized Pre-IPO Proceeds as per the above, and on the appointment of a new monitoring agency, CRL shall extend support as may be required in terms of applicable law towards taking over duties and responsibilities by the newly appointed monitoring agency as the monitoring agency, as required under applicable law.

More Definitions of Issue Proceeds

Issue Proceeds means the subscription monies received from the Investors in respect of the NCDs;

Issue Proceeds means the gross proceeds of the Issue as set out in the Letter of Offer, that are available to the Company, excluding any Issue related expenses.

Issue Proceeds means the gross proceeds of the Issue as set out in the Letter of Offer; and

Issue Proceeds means the gross proceeds of the Issue that are available to the Company excluding the proceeds from the Offer for Sale aggregating to Rs 680 crore.

Issue Proceeds means the gross proceeds of the Fresh Issue that are available to the Company, excluding the proceeds from the Offer for Sale and any Offer related expenses proportionate to Offer for Sale;

Issue Proceeds means the total amount raised from the Sukuk issuance;

Issue Proceeds has the meaning ascribed to it in the Xi’an Loan Agreement;