Examples of Placing Completion in a sentence
The Vendor and the Company shall not, and shall use their respective best endeavours to procure that no member of the Group shall, at any time prior to or on the Placing Completion Date do or omit to do anything which may cause any of the representations and warranties made by it and set out in Clause 6.1 to be untrue in any material respect.
The Vendor undertakes to accept the Subscription Shares subject to the constitutional documents of the Company and (subject to and conditional upon Subscription Completion) to pay to the Company any interest accrued on the net proceeds from the Placing for the period commencing on the Placing Completion Date and ending on the Subscription Completion Date.
The representations and warranties set out in this Clause 6 are given as at the date hereof and shall be deemed to be repeated by Vendor and the Company at all times up to and including the Placing Completion Date as if given or made at such time, with reference in each case to the facts and circumstances then subsisting.
The Warrant Placing Completion Date Completion of the Warrant Placing is expected to take place on any date falling on or before the fifth Business Day after fulfilment of the conditions precedent to the Warrant Placing.
Subject to the fulfillment of all the Placing Conditions, Placing Completion shall take place at 5:00 p.m. (Hong Kong time) on the Closing Date.
As the conditions precedent to the settlement of the Down Payment regarding the availability of the financing for the Acquisition and the Placing Completion have not been fulfilled on or before the Acquisition Long Stop Date, the Memorandum of Agreement lapsed in accordance with the terms thereof and the Acquisition contemplated thereunder will not proceed.
Both the Placing Shares and the Sale Shares are sold free from any lien, charge, encumbrance or third party right whatsoever and together with all rights attaching thereto as at the Placing Completion Date and the Sale Completion Date respectively, including the right to receive all dividends declared on or after the Placing Completion Date and the Sale Completion Date.
Against compliance by the Vendor with its obligations under Clauses 3.1 and 3.2 and subject to Clause 7, Credit Suisse (or its nominees or agents) shall, in respect of the number of Allocated Placing Shares placed by it at or before 4:00 p.m. on the Placing Completion Date make or procure the making of payments to the Settlement Agent in cleared funds in Hong Kong dollars of the aggregate Placing Price of the number of Allocated Placing Shares placed by it without any deductions.
The Vendor undertakes up to and until Completion or its earlier termination to notify the Placing Agents of any matter or event coming to its attention prior to the Placing Completion Date which would or would reasonably be considered to render or have rendered any of the representations and warranties made by it set out in Clause 6.1 untrue, inaccurate or misleading in any material respect.
The Vendor shall sell the Allocated Placing Shares at completion of the Placing pursuant to the Placing free from all liens, charges and encumbrances and together with all rights attaching to them, being rights which rank pari passu to other ordinary shares of the Company in issue, including the right to receive all dividends declared, made or paid after the Placing Completion Date.