Further to Clause 7 Sample Clauses
The 'Further to Clause 7' clause serves as a supplementary provision that builds upon or clarifies the terms established in Clause 7 of the agreement. Typically, this clause introduces additional requirements, exceptions, or procedures that are directly related to the subject matter of Clause 7, such as specifying further obligations, timelines, or conditions that must be met. Its core practical function is to ensure that any necessary elaborations or modifications to Clause 7 are formally documented, thereby preventing ambiguity and ensuring that all parties have a clear understanding of their extended responsibilities or rights.
Further to Clause 7. 1. the Untaken Shares taken up by the Underwriter pursuant to this Agreement and the Appointment but subject to the Maximum Undertakings or for which the Underwriter has procured subscribers to subscribe in accordance with the foregoing provisions hereof shall be duly allotted and issued and certificates in respect thereof, or evidence that the same has been deposited into investor participant or CCASS participant stock account designated by the Underwriter, shall be delivered to the Underwriter or as the Underwriter may direct as soon as is reasonably practicable following receipt by the Company of payment as provided in Clause 5.
Further to Clause 7. 1, the Untaken Shares taken up by the Underwriter pursuant to this Agreement and the Appointment but subject to the Maximum Undertakings or for which the Underwriter has procured subscribers to subscribe in accordance with the foregoing provisions hereof shall be duly allotted and issued and certificates in respect thereof, or evidence that the same has been deposited into investor participant or CCASS participant stock account designated by the Underwriter (or the Underwriter concerned, whichever shall be appropriate), shall be delivered to the Underwriter (or the Underwriter concerned, whichever shall be appropriate) or as the Underwriter (or the Underwriter concerned, whichever shall be appropriate) may direct as soon as is reasonably practicable following receipt by the Company of payment as provided in Clause 5.
Further to Clause 7. 8.1 and Clause 7.8.2, in the event the non-Defaulting Party chooses, in such Party’s sole discretion, not to effect Completion in accordance with Clause 7.8.1 or not to terminate the Agreement in accordance with Clause 7.8.2, a new date for Completion may be set by such non-Defaulting Party, in which case the provisions of Clause 7.3 (Transfer of the Aggregate WC Amount) and Clause 7.4 (Completion actions) shall apply to Completion as so deferred. If on the new date set for Completion in accordance with this Clause 7.8.3, the Defaulting Party breaches any of its obligations under Clause 7.3 (Transfer of the Aggregate WC Amount) or Clause 7.4 (Completion actions), the non-Defaulting Party shall be entitled by Notice served on the Defaulting Party to terminate this Agreement.
Further to Clause 7. 3.1 and Clause 7.3.2, in the event the non-Defaulting Party chooses, in such Party’s sole discretion, not to effect Completion in accordance with Clause 7.3.1 or to terminate the Agreement in accordance with Clause 7.3.2, a new date for Completion may be set by such non-Defaulting Party occurring in the period between five (5) and twenty (20) Business Days after the original date for Completion in accordance with Clause 7.1 (Completion date and place), in which case the provisions of Clause 7.2 (Completion actions) shall apply to Completion as so deferred. If on the new date set for Completion in accordance with this Clause 7.3.3, the Defaulting Party breaches any of its obligations under Clause 6.12 (Funding of Completion amounts), Clause 6.9.5 in respect of delivery of the Assignment Notice, Clause 6.9.8 in respect of delivery of the ICL Notice, Clause 6.13 (Delivery of the Leakage Notice) or Clause 7.2 (Completion actions), the non-Defaulting Party shall be entitled by written notice served on the Defaulting Party to terminate this Agreement.