Common use of Reallocation from the Hong Kong Public Offering to the International Offering Clause in Contracts

Reallocation from the Hong Kong Public Offering to the International Offering. If a Hong Kong Public Offering Under-Subscription shall occur, the Sole Global Coordinator, in its sole and absolute discretion, may (but shall have no obligation to) reallocate all or any of the Unsold Hong Kong Offer Shares from the Hong Kong Public Offering to the International Offering and make available such reallocated Offer Shares as additional International Offer Shares to satisfy demand under the International Offering. In the event of such reallocation, the number of Unsold Hong Kong Offer Shares and the respective Hong Kong Public Offering Underwriting Commitments of the Hong Kong Underwriters shall be reduced in such manner and proportions as the Sole Global Coordinator may in its sole and absolute discretion determine. The Hong Kong Underwriters will not be entitled to the underwriting commission referred to in Clause 6.1 in respect of the Offer Shares reallocated to the International Offering. For the avoidance of doubt, any Unsold Hong Kong Offer Shares reallocated from the Hong Kong Public Offering to the International Offering shall for all purposes (including any fee arrangements) be deemed to be International Offer Shares and will be dealt with in accordance with the terms of the International Underwriting Agreement.

Appears in 2 contracts

Samples: v4.cecdn.yun300.cn, v4.cecdn.yun300.cn

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Reallocation from the Hong Kong Public Offering to the International Offering. If a Hong Kong Public Offering Under-Subscription shall occur, the Sole Global Overall Coordinator, in its sole and absolute discretiondiscretion but in consultation with the Company, may (but shall have no obligation to) reallocate all or any of the Unsold Hong Kong Offer Shares from the Hong Kong Public Offering to the International Offering and make available such reallocated Offer Shares as additional International Offer Shares to satisfy demand under the International Offering. In the event of such reallocation, the number of Unsold Hong Kong Offer Shares and the respective Hong Kong Public Offering Underwriting Commitments of the Hong Kong Underwriters shall be reduced in such manner and proportions as the Sole Global Overall Coordinator may in its sole and absolute discretion determine. The Hong Kong Underwriters will not be entitled to the underwriting commission referred to in Clause 6.1 in respect of the Offer Shares reallocated to the International Offering. For the avoidance of doubt, any Unsold Hong Kong Offer Shares reallocated from the Hong Kong Public Offering to the International Offering shall for all purposes (including any fee arrangements) be deemed to be International Offer Shares and will be dealt with in accordance with the terms of the International Underwriting Agreement.

Appears in 1 contract

Samples: dpcdash.com

Reallocation from the Hong Kong Public Offering to the International Offering. If a Hong Kong Public Offering Under-Subscription shall occur, the Sole Global CoordinatorRepresentative, in its sole and absolute discretiondiscretion and in prior consultation with the Company, may (but shall have no obligation to) reallocate all or any of the Unsold Hong Kong Offer Shares from the Hong Kong Public Offering to the International Offering and make available such reallocated Offer Shares as additional International Offer Shares to satisfy demand under the International Offering. In the event of such reallocation, the number of Unsold Hong Kong Offer Shares and the respective Hong Kong Public Offering Underwriting Commitments of the Hong Kong Underwriters shall be reduced in such manner and proportions as the Sole Global Coordinator Representative may in its their sole and absolute discretion determine. The Hong Kong Underwriters will not be be‌ entitled to the underwriting commission referred to in Clause 6.1 in respect of the Offer Shares reallocated to the International Offering. For Further, none of the avoidance Sole Representative or any of doubt, any Unsold Hong Kong Offer Shares reallocated from the Hong Kong Public Offering Underwriters shall be liable for any failure by any Hong Kong Underwriter (other than itself as Hong Kong Underwriter) to the International Offering shall for all purposes (including perform any fee arrangements) be deemed to be International Offer Shares and will be dealt with in accordance with the terms of the International Underwriting such other Hong Kong Underwriter’s obligations under this Agreement.

Appears in 1 contract

Samples: Agreement

Reallocation from the Hong Kong Public Offering to the International Offering. If a Hong Kong Public Offering Under-Subscription shall occur, the Sole Joint Global CoordinatorCoordinators, in its their sole and absolute discretion, may (but shall have no obligation to) reallocate all or any of the Unsold Hong Kong Offer Shares from the Hong Kong Public Offering to the International Offering and make available such reallocated Offer Shares as additional International Offer Shares to satisfy demand under the International Offering. In the event of such reallocation, the number of Unsold Hong Kong Offer Shares and the respective Hong Kong Public Offering Underwriting Commitments of the Hong Kong Underwriters shall be reduced in such manner and proportions as the Sole Joint Global Coordinator Coordinators may in its their sole and absolute discretion determine. The Hong Kong Underwriters will not be entitled to the underwriting commission referred to in Clause 6.1 in respect of the Offer Shares reallocated to the International Offering. For Further, none of the avoidance Joint Global Coordinators or any of doubt, any Unsold Hong Kong Offer Shares reallocated from the Hong Kong Public Offering Underwriters shall be liable for any failure by any Hong Kong Underwriter (other than itself as Hong Kong Underwriter) to the International Offering shall for all purposes (including perform any fee arrangements) be deemed to be International Offer Shares and will be dealt with in accordance with the terms of the International Underwriting such other Hong Kong Underwriter’s obligations under this Agreement.

Appears in 1 contract

Samples: 360 DigiTech, Inc.

Reallocation from the Hong Kong Public Offering to the International Offering. If a Hong Kong Public Offering Under-Subscription shall occur, the Sole Global CoordinatorRepresentative, in its sole and absolute discretion, may (but shall have no obligation to) reallocate all or any of the Unsold Hong Kong Public Offer Shares from the Hong Kong Public Offering to the International Offering and make available such reallocated Offer Shares as additional International Offer Shares to satisfy demand under the International Offering. In the event of such reallocation, the number of Unsold Hong Kong Public Offer Shares and the respective Hong Kong Public Offering Underwriting Commitments of the Hong Kong Underwriters shall be reduced in such manner and proportions as the Sole Global Coordinator Representative may in its sole and absolute discretion determine. The Hong Kong Underwriters will not be entitled to the underwriting commission referred to in Clause 6.1 in respect of the Offer Shares reallocated to the International Offering. For the avoidance of doubt, any Unsold Hong Kong Public Offer Shares reallocated from the Hong Kong Public Offering to the International Offering shall for all purposes (including any fee arrangementsarrangement) be deemed to be International Offer Shares and will be dealt with in accordance with the terms of the International Underwriting Agreement.

Appears in 1 contract

Samples: www1.hkexnews.hk

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Reallocation from the Hong Kong Public Offering to the International Offering. If a Hong Kong Public Offering Under-Subscription shall occur, the Sole Global CoordinatorRepresentative, in its sole and absolute discretiondiscretion and in prior consultation with the Company, may (but shall have no obligation to) reallocate all or any of the Unsold Hong Kong Offer Shares from the Hong Kong Public Offering to the International Offering and make available such reallocated Offer Shares as additional International Offer Shares to satisfy demand under the International Offering. In the event of such reallocation, the number of Unsold Hong Kong Offer Shares and the respective Hong Kong Public Offering Underwriting Commitments of the Hong Kong Underwriters shall be reduced in such manner and proportions as the Sole Global Coordinator Representative may in its their sole and absolute discretion determine. The Hong Kong Underwriters will not be entitled to the underwriting commission referred to in Clause 6.1 in respect of the Offer Shares reallocated to the International Offering. For Further, none of the avoidance Sole Representative or any of doubt, any Unsold Hong Kong Offer Shares reallocated from the Hong Kong Public Offering Underwriters shall be liable for any failure by any Hong Kong Underwriter (other than itself as Hong Kong Underwriter) to the International Offering shall for all purposes (including perform any fee arrangements) be deemed to be International Offer Shares and will be dealt with in accordance with the terms of the International Underwriting such other Hong Kong Underwriter’s obligations under this Agreement.

Appears in 1 contract

Samples: Underwriting Agreement (Noah Holdings LTD)

Reallocation from the Hong Kong Public Offering to the International Offering. If a Hong Kong Public Offering Under-Subscription shall occur, the Sole Global CoordinatorJoint Representatives and the Overall Coordinators, in its their sole and absolute discretion, may (but shall have no obligation to) reallocate all or any of the Unsold Hong Kong Offer Shares from the Hong Kong Public Offering to the International Offering and make available such reallocated Offer Shares as additional International Offer Shares to satisfy demand under the International Offering. In the event of such reallocation, the number of Unsold Hong Kong Offer Shares and the respective Hong Kong Public Offering Underwriting Commitments of the Hong Kong Underwriters shall be reduced in such manner and proportions as the Sole Global Coordinator Joint Representatives and the Overall Coordinators may in its their sole and absolute discretion determine. The Hong Kong Underwriters will not be entitled to the underwriting commission referred to in Clause 6.1 in respect of the Offer Shares reallocated to the International Offering. For the avoidance of doubt, any Unsold Hong Kong Offer Shares reallocated from the Hong Kong Public Offering to the International Offering shall for all purposes (including any fee arrangements) be deemed to be International Offer Shares and will be dealt with in accordance with the terms of the International Underwriting Agreement.

Appears in 1 contract

Samples: en.jenscare.com

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