Public Offer Account Bank definition

Public Offer Account Bank means bank which is clearing member and registered with SEBI under the BTI Regulations, with whom the Public Offer Account(s) will be opened.

Public Offer Account Bank shall have the meaning ascribed to such term in the preamble to this Agreement;

Public Offer Account Bank means the bank with whom the Public Offer Account is opened for collection of Bid Amounts from the Escrow Account and ASBA Accounts on the Designated Date, in this case being HDFC Bank Limited;

Examples of Public Offer Account Bank in a sentence

• The Banker to the Offer shall not in any case whatsoever use the amounts held in Escrow Accounts and/or the Public Offer Account Bank and/or Refund Account to satisfy this indemnity.

• The Escrow Collection Bank, the Public Offer Account Bank and the Refund Bank hereby agree that they shall close the respective accounts only after delivery of such statement of accounts and receipt of instructions as mentioned in Clause 3.2.5.1.

• The Bankers to the Offer shall not in any case whatsoever use the amounts held in Escrow Accounts and/or the Public Offer Account Bank and/or Refund Account to satisfy any claim against it.

• If any of the instructions are not in the form set out in this Agreement, the Escrow Collection Bank/ Refund Bank/ Public Offer Account Bank/ Sponsor Banks shall bring it to the knowledge of the Company and the BRLMs immediately and seek clarifications to the Parties’ mutual satisfaction.

• The Escrow Collection Bank, Public Offer Account Bank, the Refund Bank, the Sponsor Banks and the Registrar to the Offer undertake that their respective branch(es) or any Affiliate to whom they disclose information pursuant to this Agreement, shall abide by the confidentiality obligations imposed by this Section 12.

More Definitions of Public Offer Account Bank

Public Offer Account Bank shall have the meaning given to such term in the Preamble;

Public Offer Account Bank means ICICI Bank Limited;

Public Offer Account Bank means HDFC Bank Limited;

Public Offer Account Bank means a bank which is a clearing member and registered with SEBI as a banker to an issue, and with whom the Public Offer Account(s) will be opened.

Public Offer Account Bank means a bank which is a clearing member and registered with SEBI as a banker to an issue and with which the Public Offer Account will be opened, in this case being Axis Bank Limited;

Public Offer Account Bank has the meaning ascribed to such term in the Offer Documents;

Public Offer Account Bank shall have the meaning ascribed to such term in the preamble to this Agreement, i.e., Axis Bank Limited;