Standby Underwriting Letter definition

Standby Underwriting Letter means the letter dated on or about the date of this Agreement between the Parent, Deutsche Bank AG, London Branch, JPMorgan Cazenove Limited and ▇.▇. ▇▇▇▇▇▇ Securities Limited setting out the commitment of the Underwriters to underwrite the issuance of ordinary shares or other securities of the Parent or any other member of the Group;