Underwriting Commitment. If RTIHL elects to do so by notice to TRQ at least 10 days in advance of the filing of any preliminary prospectus for the Rights Offering, RTIHL may provide a standby underwriting commitment in respect of the Total Proceeds of the Rights Offering (the “Underwriting Commitment”). In consideration for the Underwriting Commitment, TRQ agrees to pay to RTIHL on closing of the Rights Offering a fee equal to 3% of the Total Proceeds. Other than the Underwriting Commitment, there shall be no additional standby underwriting commitment provided by any other person in respect of the Rights Offering. All or part of the Underwriting Commitment may be assigned by RTIHL to one or more members of the Rio Tinto Group. For greater certainty, in the event RTIHL is not providing an Underwriting Commitment with respect to the Rights Offering, then TRQ shall have the right to make all determinations regarding the identity of any standby commitment provider and the terms and conditions of such other standby underwriting commitment.
Underwriting Commitment. We hereby commit on the terms and conditions of this Agreement to purchase and pay for the number of Units set forth opposite our name in Schedule B ("Unit Commitment"). Except for the right to decrease our Unit Commitment granted to you above, and except as provided in Section 11, our Unit Commitment may be increased or decreased only by mutual written agreement between us and you at any time prior to the date the Underlying Debt Obligations are deposited in the Trust. Our percentage interest ("Underwriting Percentage") and the percentage interest of each Underwriter in the total Units to be offered shall be expressed by the following ratio: Unit Commitment = Underwriting Percentage --------------- Total Units The final determination of the respective Underwriting Percentages of all Underwriters shall be made by you as of the date the Underlying Debt Obligations are deposited in the Trust. You are authorized to increase or decrease the number of Units (and, correspondingly, the amount of Underlying Debt Obligations) to be offered if you shall deem it advisable and practicable to do so. In the event you shall elect to decrease the number of Units hereunder, you shall have the right to decrease our Unit Commitment proportionately by notifying us of such election by telephone and promptly confirm by telegraph or writing. You are authorized to amend Schedule A to add additional Underwriters as you deem advisable in which case such Underwriters shall be deemed to have been parties to this Agreement as of the date of its confirmation by you. Any deletion of Underwriters from Schedule A by you to reflect their withdrawal from this underwriting participation shall be subject to reservation of all our rights with respect to them conferred in us by this Agreement.
Underwriting Commitment. Upon and subject to the terms and conditions of this Agreement and in reliance upon the Warranties, if and to the extent that by 12:00 noon on the Acceptance Date there shall remain any Hong Kong Offer Shares which have not been applied for pursuant to Accepted Hong Kong Public Offering Applications (a “Hong Kong Public Offering Under-Subscription”), the Hong Kong Underwriter (except if the Hong Kong Public Offering Underwriting Commitment has been reduced by the Hong Kong Underwriter’s Applications to zero pursuant to the provisions of Clause 4.7) shall, subject as provided in Clauses 4.10 and 4.12, procure applications to purchase, or failing which itself as principal apply to purchase at the Offer Price, the number of Hong Kong Offer Shares remaining available as a result of the Hong Kong Public Offering Under-Subscription (the “Unsold Hong Kong Offer Shares”) in accordance with the terms and conditions set forth in the Hong Kong Public Offering Documents (other than as to the deadline for making the application.
Underwriting Commitment. The Administrative Agent shall have received a commitment by the relevant insurance company to underwrite the IP Notes Financing.
Underwriting Commitment. 4.1 Subject to the provisions of this Agreement, the Domestic Lead Underwriters and Bookrunners agree to jointly but not solidarily underwrite, on a firm basis, the Offer for subscription of the Underwritten Shares only up to the amount of their respective Underwriting Commitments specified in Schedule 1 of this Agreement.
Underwriting Commitment. The A Shares to be offered in the proposed Listing will be issued at par with a nominal value of RMB1.00 each. The number of A Shares to be issued in the public offering of the proposed Listing is determined by XXXX and the joint lead underwriters, subject to the actual capital demand and market conditions, and as final approved in the registration of the CSRC. Upon satisfaction of the conditions precedent of the Underwriting Agreement, the joint lead underwriters, shall underwrite the A Shares to be offered at the proposed Listing by way of standby commitment underwriting in accordance with the terms of the Underwriting Agreement.
Underwriting Commitment. The A Shares to be offered in the Listing will be issued at par with a nominal value of RMB1.00 each. The number of A Shares to be issued in the proposed Listing is subject to (i) the determination of Zhejiang Oceanking and the lead underwriters, (ii) the market conditions and (iii) the approval of the CSRC. The insufficient portion of the subscription amount of the proposed Listing will be underwritten by the lead underwriter(s). Upon satisfaction of the conditions precedent of the Underwriting Agreement, Zheshang Securities, together with other lead underwriters, shall underwrite the A Shares to be offered at the proposed Listing by way of standby commitment underwriting in accordance with the terms of the Underwriting Agreement.
Underwriting Commitment. The Company has obtained a letter of intent from Xxxxxxxx Oakmont, Inc. ("Underwriter") to underwrite the Public Offering (or any class of stock of the Company of which Banco will own shares). The Company has provided to Banco copies of all letters of intent and agreements which directly relate to the Public Offering. Such commitment has not been withdrawn by Underwriter as of the date hereof.
Underwriting Commitment. Subject to the terms and conditions set forth herein, during the Commitment Period the Company may elect to deliver a Capital Demand Notice. Upon the Company's delivery of such Capital Demand Notice, the Underwriter agrees, during the Capital Raising Period corresponding to such Capital Demand Notice, to sell, on behalf of the Company on a firm commitment basis, an amount of shares of the Company's Common Stock whose proceeds to the Company equal the Firm Commitment Amount and on a best efforts basis, the number of shares of the
Underwriting Commitment. 5 --- ----------------------- 2.2 Limitation on Underwriting Amount................................................................ 6 --- --------------------------------- 2.3 Mechanics of Notification........................................................................ 6 --- ------------------------- 2.4 Closings and Settlements......................................................................... 6 --- ------------------------ 2.5 Underwriter's Commission and Stand-by Fee........................................................ 7 --- ----------------------------------------- 2.6 Termination, Suspension and Modification of Underwriting Obligation.............................. 8 --- -------------------------------------------------------------------
