Overall Coordinators Clause Samples
The 'Overall Coordinators' clause designates specific individuals or roles from each party who are responsible for overseeing and managing the implementation of the agreement. These coordinators typically serve as the main points of contact, facilitate communication between the parties, and address any issues or questions that arise during the course of the relationship. By clearly identifying coordinators, the clause ensures efficient coordination, streamlines decision-making, and helps prevent misunderstandings or delays in the execution of the agreement.
Overall Coordinators. Where there is more than one Overall Coordinator, any reference in this Agreement to the “Overall Coordinator” shall be construed as set forth in Schedule 1 hereto under the sub-heading “Overall Coordinator”.
Overall Coordinators. The Company hereby confirms and acknowledges its appointment, to the exclusion of all others, of the Overall Coordinators as the overall coordinators of the Global Offering in accordance with the terms and conditions of the Sponsors and Sponsor-OCs Engagement Letters, and each of the Sponsor-OCs and the Overall Coordinators, relying on the Warranties and subject to the terms and conditions of this Agreement, hereby confirms and acknowledges its acceptance of such appointment.
Overall Coordinators. The Company hereby confirms and acknowledges its appointment, to the exclusion of all others, of GTJA Securities and ABCI Capital to act as the Overall Coordinators. Each of GTJA Securities and ABCI Capital, relying on the Warranties and subject as hereinafter mentioned, hereby confirms its acceptance of such appointment. For the avoidance of doubt, the appointment of the Overall Coordinators hereunder is in addition to their engagement under the terms of the agreements entered into between each of the Overall Coordinators and the Company prior to this Agreement, which shall remain in full force and effect, save that if any term in such agreements solely in respect of fees, costs, expenses and disbursements are inconsistent with this Agreement, this Agreement shall prevail.
Overall Coordinators. The Company hereby confirms and acknowledges its appointment, to the exclusion of all others, of CICC, GTJA Securities, CMBI, Haitong International Securities Company Limited and BOCI Asia Limited, to act as the Overall Coordinators to the Global Offering in accordance with the terms and conditions of the Sponsors-OC Engagement Letters and OC Engagement Letters, respectively, and each of the Overall Coordinators relying on the Warranties and subject to the terms and conditions of this Agreement, ▇▇▇▇▇▇ confirms and acknowledges its acceptance of such appointment.
Overall Coordinators. The Company hereby confirms and acknowledges its appointment, to the exclusion of all others, of Huatai, CLSA and CMB International to act as the overall coordinators of the Global Offering. Huatai, CLSA and CMB International, relying on the Warranties and subject as hereinafter mentioned, hereby confirm their acceptance of such appointment. For the avoidance of doubt, the appointment of Huatai, CLSA and CMB International hereunder are in addition to the terms and conditions under the Sponsor-OC EL and the OC ELs, which shall continue to be in full force and effect. The Company hereby confirms and acknowledges that the Overall Coordinators:
3.6.1 engaged the Company at various stages during the offering process to understand the Company’s preferences and objectives with respect to pricing and the desired shareholder or investor base;
3.6.2 explained the basis of its advice and recommendations to the Company including any advantages and disadvantages, including but not limited to communicated its allocation policy to the Company, and that the Company confirms that it fully understands the factors underlying the allocation recommendations;
3.6.3 advised the Company in a timely manner, throughout the period of engagement, of key factors for consideration and how these could influence the pricing outcome, allocation and future shareholder or investor base;
3.6.4 advised the Company on the information that should be provided to the CMIs to enable them to meet their obligations and responsibilities under the Code of Conduct, including information about the Company to facilitate a reasonable assessment of the Company required under the Code of Conduct;
3.6.5 provided guidance to the Company on the market’s practice on the ratio of fixed and discretionary fees to be paid to the CMIs, which is currently around 75% fixed and 25% discretionary;
3.6.6 advised and guided the Company and its Directors as to their responsibilities under the rules, regulations and requirements of the Stock Exchange, the SFC and any other Authority which apply to placing activities including the Global Offering, and that the Company and its Directors fully understand and undertake to Sole Sponsor and the Underwriters that they have met or will meet these responsibilities; and
3.6.7 where the Company decided not to adopt an Overall Coordinator’s advice or recommendations in relation to pricing or allocation of shares, or its decisions may lead to a lack of open market, an inadequate spread ...