Examples of Receiving Banks Agreement in a sentence
The Company agrees that the application monies received for subscription of Hong Kong Offer Shares shall be credited to a separate bank account pursuant to the terms and conditions of the Receiving Banks Agreement.
The Company shall procure the Nominee to undertake to hold and deal with such application monies on the terms and conditions set out in the Receiving Banks' Agreement.
The Company has appointed the Receiving Banks to receive applications and application monies under the Hong Kong Public Offering and has appointed the Nominee to hold the application monies received by the Receiving Banks under the Hong Kong Public Offering, in each case upon and subject to terms and the conditions contained in the Receiving Banks Agreement.
The Company has appointed (i) the Receiving Bank to act as receiving bank in connection with the Hong Kong Public Offering, and (ii) the Nominee to hold the application monies received pursuant to the Hong Kong Public Offering, in both cases on the terms and on the basis set out in the Receiving Banks' Agreement.
The Centre for International Reimbursements will co-ordinate administration of health care expenses.
The Company has appointed (i) the Receiving Banks to act as receiving banks in connection with the Hong Kong Public Offering, and (ii) the Nominee to hold the application monies received pursuant to the Hong Kong Public Offering, in both cases on the terms and on the basis set out in the Receiving Banks Agreement.
The Company shall use its best endeavours to procure the Nominee to undertake to hold and deal with such application monies on the terms and conditions set out in the Receiving Banks Agreement.
The Company shall procure (A) each of the Receiving Banks and the Nominee to do all such acts and things as may be reasonably required to be done by it in connection with the Hong Kong Public Offering and its associated transactions, and (B) the Nominee to undertake to hold and deal with such application monies on the terms and conditions set out in the Receiving Banks Agreement.
The Company agrees that the application monies received in respect of Hong Kong Public Offering Applications shall be credited to a separate bank account with the Nominee pursuant to the terms of the Receiving Banks Agreement.
A provision for impairment is made when there is an objective evidence (such as the probability of solvency or significant financial difficulties of the debtors) that the Company will not be able to collect all the amount due based on the original terms of the invoice.