Offer of IPO Loan. USL, on receipt of a request from the Client to apply for and purchase shares in companies that are being brought to the market by way of a new issue (“IPO Shares”), may provide assistance in financing subscriptions for such shares (“IPO Loan”). As continuing security for the due and punctual payment by the Client of all principal, interest and other sums owed by the Client to USL in respect of the IPO Loan, the Client as beneficial owner hereby charges by way of first legal charge the IPO Shares to USL until full payment made to USL of the IPO Loan by the Client; and hereby expressly authorizes USL to receive and apply all sums of whatever nature received by USL (or USL’s nominees) in respect of any part of the charged shares towards payment of the IPO Loan in such manner and at such time as USL may determine. USL reserves its rights to force liquidate all or any of the IPO Shares charged to USL if (i) credit risk of the Client’s Account exceeds reasonable acceptable level during the subscription period, or (ii) there is any unsettled shortfall in the Client’s Account on the day of listing of the IPO Shares; and to the extent that the shortfall of the Client’s Account is recovered. The Client understands and agrees to bear any investment losses caused by such forced liquidation of all or any of the IPO Shares.
Offer of IPO Loan. GTJAS, on receipt of a request from the Client to apply for and purchase shares in companies that are being brought to the market by way of a new issue (“IPO Shares”), may provide assistance in financing subscriptions for such shares (“IPO Loan”). As continuing security for the due and punctual payment by the Client of all principal, interest and other sums owed by the Client to GTJAS in respect of the IPO Loan, the Client as beneficial owner hereby charges by way of first legal charge the IPO Shares to GTJAS until full payment made to GTJAS of the IPO Loan by the Client; and hereby expressly authorizes GTJAS to receive and apply all sums of whatever nature received by GTJAS (or GTJAS’s nominees) in respect of any part of the charged shares towards payment of the IPO Loan in such manner and at such time as GTJAS may determine.
Offer of IPO Loan. 10.7.1 GTJAS or any member of the GTJA Group, on receipt of a request from the Client who acts as an intermediary to apply for and purchase shares in companies that are being brought to the market by way of a new issue (“IPO Shares”) for and on behalf of its underlying clients, may provide assistance in financing subscriptions for such shares (“IPO Loan”) to the Client in order to finance the Client’s credit facilities to its underlying clients in respect of each of its underlying clients’ application and purchase of such IPO Shares (“the Underlying IPO Loan”). For the avoidance of doubt, the IPO Loan is made to the Client, in the Client’s own capacity and the Client agrees and acknowledges that the IPO Loan is not made on behalf of its underlying clients.
Offer of IPO Loan. 10.7.1 USPL, on receipt of a request from the Client to apply for and purchase shares in companies that are being brought to the market by way of a new issue (“IPO Shares”), may provide assistance in financing subscriptions for such shares (“IPO Loan”).
Offer of IPO Loan. NECHK, on receipt of a request from the Client to apply for and purchase shares in companies that are being brought to the market by way of a new issue (“IPO Shares”), may provide assistance in financing subscriptions for such shares (“IPO Loan”). As continuing security for the due and punctual payment by the Client of all principal, interest and other sums owed by the Client to NECHK in respect of the IPO Loan, the Client as beneficial owner hereby charges by way of first legal charge the IPO Shares to NECHK until full payment made to NECHK of the IPO Loan by the Client; and hereby expressly authorizes NECHK to receive and apply all sums of whatever nature received by NECHK (or NECHK’s nominees) in respect of any part of the charged shares towards payment of the IPO Loan in such manner and at such time as NECHK may determine.
Offer of IPO Loan. Suntek does not grant credit facilities to it Client in the application of new listing and/or issue of Securities on the Exchange (i.e. IPO Loan).
Offer of IPO Loan. XXXXXXX, on receipt of a request from the Client to apply for and purchase shares in companies that are being brought to the market by way of a new issue ( IPO Shares” ) , may provide assistance in financing subscriptions for such shares ( “ IPO Loan” ) . As continuing security for the due and punctual payment by the Client of all principal, interest and other sums owing by the Client to ZHANLIN in respect of the IPO Loan, the Client as beneficial owner hereby charges by way of first legal charge the IPO Shares to ZHANLIN until full payment made to ZHANLIN of the IPO Loan by the Client; and hereby expressly authorizes XXXXXXX to receive and apply all sums of whatever nature received by XXXXXXX ( or XXXXXXX ’ s nominees) in respect of any part of the charged shares towards payment of the IPO Loan in such manner and at such time as ZHANLIN may determine.
