Syndicate definition

Syndicate means the Syndicate of the University;

Syndicate or “members of the Syndicate” shall have the meaning given to such terms in the Preamble;

Syndicate or “Members of the Syndicate” has the meaning attributed to such term in the recitals of this Agreement;

Examples of Syndicate in a sentence

• The Escrow Collection Bank, the Public Offer Account Bank and the Refund Bank confirm that they shall not accept any Bid cum Application Form or payment instruction relating to any ASBA Bidder from the members of the Syndicate/ Sub-Syndicate Members or other Designated Intermediaries in their respective capacities as the Escrow Collection Bank, the Public Offer Account Bank and the Refund Bank, respectively.

• The Parties hereto agree that time shall be of the essence in respect of the performance by each of the Company, the Selling Shareholders, the members of the Syndicate, the Escrow Collection Bank, the Public Offer Account Bank, the Refund Bank, the Sponsor Banks and the Registrar to the Offer of their respective duties, obligations and responsibilities under or pursuant to this Agreement.

• Each member of the Syndicate, upon incurring any liabilities in terms of the ICDR Master Circular, March 2021 Circular, the June 2021 Circular and the SEBI circular no.

• However, the members of the Syndicate and the Company shall be required to coordinate and correspond with the relevant Banker to the Offer only and not with the Correspondent Banks and the relevant Banker to the Offer shall remain fully responsible for all its obligations and the obligations of such Correspondent Banks, if any.

• The Company agrees that the BRLMs are not responsible for unblocking of accounts and any delay in unblocking is the sole responsibility of the SCSBs. It is hereby clarified that the Syndicate shall not be liable in any manner whatsoever for any failure or delay on the part of the Relevant Intermediary in discharging its obligation to compensate the investor for the delay in unblocking of the amounts, as stated above.

More Definitions of Syndicate

Syndicate means one or more persons, to whom a particular syndicate number has been assigned by or under the authority of the Council of Lloyd’s, carrying out or effecting contracts of insurance written at Lloyd’s;

Syndicate means the Syndicate of the Institute;

Syndicate means a group of underwriting members underwriting insurance business at Lloyd's through the agency of a managing agent;

Syndicate means the BRLMs and the Syndicate Members;

Syndicate has the meaning attributed to such term in the preamble of this Agreement.

Syndicate means a group of Business Angels;

Syndicate means a group of members of more than two (2) but no more than twenty (20) registered persons;