Unitholders’ undertakings and underwriting arrangement Sample Clauses

Unitholders’ undertakings and underwriting arrangement. The Proposed Rights Issue is intended to be undertaken on a full subscription basis. The Manager intends to procure irrevocable undertakings from certain unitholders, namely Chan Xxx Xxxx and Glory Blitz Industries Sdn Bhd as well as the Manager, to subscribe in full for their respective entitlements under the Proposed Rights Issue based on their unitholdings in Atrium REIT as at the Entitlement Date (“Undertakings”). The remaining portion of the Rights Units for which no undertaking has been obtained will be fully underwritten where the underwriting arrangement will be in place prior to the announcement of the Entitlement Date for the Proposed Rights Issue.
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Related to Unitholders’ undertakings and underwriting arrangement

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