Common use of Basis of allocation Clause in Contracts

Basis of allocation. The Overall Coordinators (for themselves and on behalf of the Hong Kong Underwriters) shall, as soon as practicable after the close of the Application Lists and after consultation with the Company, determine the manner and the basis of allocation of the Hong Kong Offer Shares. The Joint Sponsors and the Overall Coordinators (for themselves and on behalf of the Hong Kong Underwriters) shall, after consultation with the Company, be entitled to exercise, and on behalf of the Company to authorise the Receiving Banks to exercise, the sole and absolute discretion on the part of the Company to reject or accept in whole or in part any Hong Kong Public Offering Application in accordance with the Hong Kong Public Offering Documents, this Agreement or otherwise and, without prejudice to Clause 4.9, the Overall Coordinators shall, after consultation with the Company, have the sole and absolute discretion, but shall not be obliged, on behalf of the Company, to reallocate Offer Shares from the International Offering to the Hong Kong Public Offering and make available such reallocated Offer Shares as additional Hong Kong Offer Shares to satisfy Hong Kong Public Offering Applications. The respective International Offering Purchasing Commitments of the International‌ Underwriters may be correspondingly reduced in such proportions as the Overall Coordinators may, after consultation with the Company, in their sole and absolute discretion determine in the event of such reallocation and the Hong Kong Underwriters will not be entitled to the underwriting commission referred to in Clause 7.1 in respect of such reallocated Offer Shares. The Company undertakes with the Hong Kong Underwriters that it shall, and shall use its best endeavours to procure the Receiving Banks and the H Share Registrar shall, as soon as practicable after the close of the Application Lists, provide the Joint Sponsors and the Overall Coordinators with such information, calculations and assistance as the Joint Sponsors and the Overall Coordinators may require for the purposes of determining, inter alia:

Appears in 1 contract

Samples: chinarept.com

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Basis of allocation. The Overall Joint Sponsors and the Joint Global Coordinators (for themselves and on behalf of themselves and the Joint Bookrunners, the Joint Lead Managers and the Hong Kong Underwriters) shall, as soon as practicable after the close of the Application Lists and after consultation with the CompanyLists, determine the manner and the basis of allocation of the Hong Kong Offer Shares. The Joint Sponsors and the Overall Global Coordinators (for themselves and on behalf of the Joint Bookrunners, the Joint Lead Managers and the Hong Kong Underwriters) shall, after consultation with the Company, shall be entitled to exercise, and on behalf of the Company to authorise the Receiving Banks Bank to exercise, the sole and absolute discretion on the part of the Company to reject or accept in whole or in part any Hong Kong Public Offering Application in accordance with the Hong Kong Public Offering Documents, this Agreement or otherwise and, without prejudice to Clause 4.94.9 below, the Overall Joint Global Coordinators shall, after consultation with the Company, shall have the sole and absolute discretion, but shall not be obliged, on behalf of the Company, to reallocate Offer Shares from the International Offering to the Hong Kong Public Offering and make available such reallocated Offer Shares as additional Hong Kong Offer Shares to satisfy Hong Kong Public Offering Applications. The respective International Offering Purchasing Commitments of the International‌ International Underwriters may be correspondingly reduced in such proportions as the Overall Joint Global Coordinators may, after consultation with the Company, may in their sole and absolute discretion determine in the event of such reallocation and the Hong Kong Underwriters will not be entitled to the underwriting commission referred to in Clause 7.1 in respect of such reallocated Offer Shares. The Company undertakes with the Hong Kong Underwriters that it shall, and shall use its best endeavours to procure the Receiving Banks Bank and the H Hong Kong Share Registrar shall, as soon as practicable after the close of the Application Lists, provide the Joint Sponsors and the Overall Joint Global Coordinators with such information, calculations and assistance as the Joint Sponsors and the Overall Joint Global Coordinators may require for the purposes of determining, inter alia:

Appears in 1 contract

Samples: Agreement (Zhihu Inc.)

Basis of allocation. The Overall Joint Sponsors and the Joint Global Coordinators (for themselves and on behalf of the Hong Kong Underwriters) shall, as soon as practicable after the close of the Application Lists and after consultation with the CompanyLists, determine the manner and the basis of allocation of the Hong Kong Offer SharesShares in their absolute discretion. The Joint Sponsors and the Overall Global Coordinators (for themselves and on behalf of the Hong Kong Underwriters) shall, after consultation with shall have the Company, be entitled exclusive right to exercise, and on behalf of exercise the Company to authorise the Receiving Banks to exercise, the sole and absolute discretion on the part of the Company to reject or accept in whole or in part any Hong Kong Public Offering Application in accordance with the Hong Kong Public Offering Documents, the Receiving Banks Agreement and this Agreement or otherwise and, without prejudice to Clause 4.94.9 below, the Overall Joint Global Coordinators shall, after consultation with the Company, shall have the sole and absolute discretion, but shall not be obliged, on behalf of the Company, to reallocate Offer Shares from the International Offering to the Hong Kong Public Offering and make available such reallocated Offer Shares as additional Hong Kong Offer Shares to satisfy Hong Kong Public Offering Applications. The respective International Offering Purchasing Commitments of the International‌ International Underwriters may be correspondingly reduced in such proportions as the Overall Joint Global Coordinators may, after consultation with the Company, may in their sole and absolute discretion determine in the event of such reallocation and the Hong Kong Underwriters will not be entitled to the underwriting commission referred to in Clause 7.1 in respect of such reallocated Offer Shares. The Company shall, and undertakes with the Hong Kong Underwriters that it shall, and shall use its best endeavours efforts to procure the Receiving Banks and the H Share Registrar shallto, as soon as practicable promptly after the close of the Application Lists, and in any event in accordance with the terms of the Receiving Banks Agreement, provide the Joint Sponsors and the Overall Joint Global Coordinators with such information, calculations and assistance as the Joint Sponsors and the Overall Joint Global Coordinators may require for the purposes of determining, inter alia:

Appears in 1 contract

Samples: www.aimbio.com

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Basis of allocation. The Overall Joint Sponsors and the Joint Global Coordinators (for themselves and on behalf of the Hong Kong Underwriters) shall, as soon as practicable after the close of the Application Lists and after consultation with the CompanyLists, determine the manner and the basis of allocation of the Hong Kong Offer SharesShares in their absolute discretion. The Joint Sponsors and the Overall Joint Global Coordinators (for themselves and on behalf of the Hong Kong Underwriters) shall, after consultation with the Company, shall be entitled to exercise, and on behalf of the Company to authorise authorize the Receiving Banks Bank to exercise, the sole and absolute discretion on the part of the Company to reject or accept in whole or in part any Hong Kong Public Offering Application in accordance with the Hong Kong Public Offering Documents, this Agreement or otherwise and, without prejudice to Clause 4.94.9 below, the Overall Joint Global Coordinators shall, after consultation with the Company, shall have the sole and absolute discretion, but shall not be obliged, on behalf of the Company, to reallocate Offer Shares from the International Offering to the Hong Kong Public Offering and make available such reallocated Offer Shares as additional Hong Kong Offer Shares to satisfy Hong Kong Public Offering Applications. The respective International Offering Purchasing Underwriting Commitments of the International‌ International Underwriters may be correspondingly reduced in such proportions as the Overall Joint Global Coordinators may, after consultation with the Company, may in their sole and absolute discretion determine in the event of such reallocation and the Hong Kong Underwriters will not be entitled to the underwriting commission referred to in Clause 7.1 in respect of such reallocated Offer Shares. The Company undertakes with acknowledges and agrees that under the Hong Kong Underwriters that it shall, respective terms and shall use its best endeavours to procure conditions of the Receiving Banks Bank Agreement and the H Share Registrar Agreement, the Receiving Bank and the Hong Kong Registrar shall, as soon as practicable after the close of the Application Lists, provide the Joint Sponsors and the Overall Joint Global Coordinators (for themselves and on behalf of the Hong Kong Underwriters) with such information, calculations and assistance as the Joint Sponsors and the Overall Joint Global Coordinators (for themselves and on behalf of the Hong Kong Underwriters) may require for the purposes of determining, inter alia:

Appears in 1 contract

Samples: www.asymchem.com

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