Common use of No Stabilization Action Clause in Contracts

No Stabilization Action. The Company has not taken, nor will the Company take, either directly or indirectly, any action which is designed to or which has constituted or which might reasonably be expected to cause or result in stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Offered ADSs or the Shares.

Appears in 2 contracts

Sources: Underwriting Agreement (HDFC Bank LTD), Underwriting Agreement (HDFC Bank LTD)

No Stabilization Action. The Company has not taken, neither directly nor will the Company take, either directly or indirectly, any action which is designed to or which has constituted or which might reasonably be expected to cause or result in stabilization or manipulation of the price of any security of the Company to or facilitate the sale or resale of the Offered ADSs or the Shares.

Appears in 1 contract

Sources: u.s. Underwriting Agreement (Icici Bank LTD)

No Stabilization Action. The Company has will not taken, nor will the Company take, either directly or ----------------------- indirectly, any action which is designed to or which has constituted that would constitute or which that might reasonably be expected to cause or result in in, under the 1934 Act or otherwise, stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Offered ADSs or the SharesSecurities.

Appears in 1 contract

Sources: Underwriting Agreement (Bb&t Capital Trust I)