Joint Brokers definition
Examples of Joint Brokers in a sentence
In the event that a Placee defaults in the payment of any subscription monies, the Joint Brokers will, as agent for EARNZ and at EARNZ's expense, take such steps as they consider appropriate in the circumstances to enforce the rights of EARNZ in respect of amounts owed by the relevant Placee to EARNZ.
This sub-clause may be relied upon and enforced by each such director, partner, officer or employee of the Nomad, the Joint Brokers or an Indemnified Person.
The obligations owed by EARNZ to the Nomad and/or Joint Brokers are owed to them as separate and independent obligations and the Nomad and each Joint Broker will have the right to protect and enforce its rights under this Agreement without joining the other Joint Broker or the Nomad (as applicable) in any proceedings.
The provisions of Schedule 4 shall have effect as undertakings on the part of EARNZ to the Joint Brokers.
EARNZ shall by no later than 5.00 p.m. on the Business Day of publication of the Circular (or such later time and/or date each Joint Broker and EARNZ may agree) procure the documents specified in Part 2 of Schedule 2 (in each case in agreed form) to be delivered to the Joint Brokers.
The Nomad and the Joint Brokers are hereby authorised to deliver such information or documents to the Exchange or any other regulatory body if and to the extent required by such body for such purpose.
In the event of any delays in the use of CREST in relation to the Placing, EARNZ and the Joint Brokers (acting jointly) may agree that all of the New Consolidated Shares should be held in certificated form and the provisions of this Agreement will thereby be deemed to be modified accordingly.
Prior to Admission, the Joint Brokers confirm that they shall liaise with the Registrars on behalf of EARNZ and EARNZ confirms that it shall, upon request by the Joint Brokers, provide such information to the Registrars as shall reasonably be required.
The Joint Brokers shall provide EARNZ with such assistance as it reasonably requires in connection with the Applications.
EARNZ shall by no later than 5.00 p.m. on the date of the publication of any Supplementary Circular (or such later time and/or date each Joint Broker and EARNZ may agree) procure the documents specified in Part 3 of Schedule 2 (in each case in agreed form) to be delivered to the Joint Brokers.