Placing Agent definition

Placing Agent s obligations: Against compliance by the Vendor with its obligations under Clause 4.1 and subject to Clause 8, the Placing Agent (or its nominees or agents) shall, in respect of the Placing Shares on or before 4:00 p.m. on the Placing Completion Date make or procure the making of payments to the Vendor in cleared funds in Hong Kong dollars of the aggregate Placing Price of the Placing Shares (less the amounts referred to in Clause 5.1), the payment of which shall constitute a complete discharge of the obligations of the Placing Agent to place the Placing Shares hereunder and such payment shall be made for value on the Placing Completion Date to such bank account held with a bank in Hong Kong as may be notified by the Vendor to the Placing Agent no later than 12:00 noon one Business Day before Placing Completion Date.
Placing Agent means both GWM Group, Inc. and GWM LTD. "Portfolio" means the Series Assets.
Placing Agent means the person, social agency or court possessing the legal right to place a child.

Examples of Placing Agent in a sentence

  • As at the Latest Practicable, the Company has not yet identified any suitable investment opportunity in relation to natural gas business.Assuming the Convertible Bonds are fully placed by the Placing Agent and based on the estimated expenses of the CB Placing in the amount of approximately HK$5,650,000, the gross and net proceeds from the CB Placing are estimated to be HK$432,000,000 and approximately HK$426,350,000 respectively.

  • Placees: The Placing Agent agreed to place, on a best effort basis, the Top-up Placing Shares to currently expected to be not less than six Placees.

  • Each of the directors of WOG and WYT (including the independent non-executive directors of WOG and WYT) are of the view that the placing commission is fair and reasonable, taking into account the current market condition.To the best of the knowledge of the directors of each of WOG and WYT, the Placing Agent and its associates are third parties independent of the Vendor, WOG and WYT and their respective connected persons.

  • The Placing AgentTo the best of the knowledge, information and belief of the Board, having made all reasonable enquiries, each of the Placing Agent and its ultimate beneficial owner(s) is an Independent Third Party.

  • The Top-up Placing Price was determined with reference to the prevailing market price of the WYT Share and was negotiated on an arm’s length basis between the Vendor, WYT and the Placing Agent on the date of the Top-up Placing and Subscription Agreement.


More Definitions of Placing Agent

Placing Agent. Beijing Securities Limited, a licensed corporation to carry on Type 1 (dealing in securities), Type 4 (advising on securities) and Type 6 (advising on corporate finance) regulated activities under the Securities and Futures Ordinance (Cap 571 of the Laws of Hong Kong)
Placing Agent means Younited, acting in its capacity as placing agent, in accordance with the provisions of the Placement Agreement.
Placing Agent means both GWM Group, Inc. and GWM LTD.
Placing Agent means law enforcement, a state agency, or court possessing the legal authority to place a resident in a facility.
Placing Agent means Yuki International Limited;
Placing Agent means GWM Group, Inc.
Placing Agent means DL Securities (HK) Limited, a licensed corporation to carry out business in Type 1 (dealing in securities), Type 4 (advising on securities) and Type 6 (advising on corporate finance) regulated activities under the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong)