Placing Completion Date definition
Examples of Placing Completion Date in a sentence
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.
Each party hereto hereby undertakes to notify the other parties to the Agreement of any matter or event coming to its attention prior to the Placing Completion Date which shows or may show any of the representations, warranties and undertakings to be or to have been untrue, inaccurate or misleading.
The representations and warranties set out in Clause 7 are given as at the date hereof and shall be deemed to be repeated by Vendor and the Company as at 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 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 representation and warranties made by it and set out in Clause 7.1 to be untrue in any material respect.
The Vendor undertakes up to and until completion of this Agreement or its earlier termination to notify the Placing Agent 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 7.1 untrue, inaccurate or misleading in any material respect.
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 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.
On 30 December 2022 (after trading hours), the Company and the Placing Agent entered into a supplemental agreement in relation to the Placing Agreement (the “Supplemental Placing Agreement”) pursuant to which the Placing Completion Date has been extended from 4 January 2023 to 18 January 2023.
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 not, and shall use all reasonable 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 representation and warranties made by the Vendor and set out in Clause 6.1 to be untrue in any material respect.