Liability extinguished Sample Clauses
Liability extinguished. Upon clause 8.5 being complied with by an Underwriter or the Responsible Entity failing to provide an Unpaid Instalment Notice or Certificate in accordance with clause 8.2 or 8.4, the liability of that Underwriter under this agreement with respect to underwriting the payment of the Final Instalment on the Allotted Units shall cease and be extinguished.
Liability extinguished. Upon clause 5.2 being complied with by a Underwriter, the liability of that Underwriter under this Agreement with respect to underwriting settlement of the Placement ceases and is extinguished. 6 Due Diligence Investigations
6.1 Company's responsibilities Until Completion, the Company must:
(a) make such enquiries as are reasonable; and
(b) exercise due diligence, to ensure that:
(c) the issue of any Placement Materials does not constitute conduct by any person which is misleading or deceptive or likely to mislead or deceive (whether by reason of statements included in, or omissions from, those Placement Materials) and that those Placement Materials do not become false, misleading or deceptive (including by omission) and to the extent that any Placement Materials comprise forward- looking statements, that they are and will be based on reasonable grounds; and
(d) the Company becomes aware of any information or material change which may need to be disclosed to ASX under section 708A(9) of the Corporations Act.
