Transaction Levies definition

Transaction Levies means the SFC transaction levy at the rate of 0.0027% of the Offer Price and AFRC transaction levy at the rate of 0.00015%;

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Transaction Levies the SFC transaction levy of 0.0027% and the Accounting and Financial Reporting Council transaction levy at the rate of 0.00015% of the Offer Price;

Transaction Levies means the SFC Transaction ▇▇▇▇ and the AFRC Transaction ▇▇▇▇;

Examples of Transaction Levies in a sentence

• Subject to the receipt of the applicable amount pursuant to Clause 6.4, the Overall Coordinators will, on behalf of the Company, arrange for the payment by the Nominee of the Trading Fee and the Transaction Levies payable by the Company in respect of the Accepted Hong Kong Public Offering Applications for the Hong Kong Offer Shares offered by the Company such amounts to be paid out of the application monies received in respect of the Hong Kong Public Offering Applications.

• The net amount payable to the Company pursuant to this Clause 5.2 will (for the avoidance of doubt and if applicable) be calculated after allowing for entitlements of successful applicants under the Hong Kong Public Offering to refunds of application monies (including the Brokerage, the Trading Fee and the Transaction Levies) if and to the extent that the Offer Price shall be determined at below HK$17.00 per Offer Share.

• Subject to the receipt of the applicable amount pursuant to Clause 6.3, the Overall Coordinators will, on behalf of the Company, arrange for the payment by the Nominee of the Trading Fee and the Transaction Levies payable by the Company in respect of the Accepted Hong Kong Public Offering Applications for the Hong Kong Offer Shares offered by the Company, such amounts to be paid out of the application monies received in respect of the Hong Kong Public Offering Applications.

• Such allocations shall be made at the Offer Price (plus applicable Brokerage, Transaction Levies and Trading Fee) less all or any part of the selling concession to dealers (if any) as the Overall Coordinator may determine.

• The Overall Coordinators will, on behalf of the Hong Kong Underwriters, arrange for the payment by the Nominee on behalf of all successful applicants under the Hong Kong Public Offering to the persons entitled thereto of the Brokerage, the Trading Fee and the Transaction Levies in respect of the Accepted Hong Kong Public Offering Applications, such amounts to be paid out of the application monies received in respect of the Hong Kong Public Offering Applications.

• No Hong Kong Underwriter shall directly or indirectly offer, or solicit or procure any application to purchase any Shares under the Hong Kong Public Offering at less than the Offer Price (together with amounts on account of Brokerage, Trading Fee and Transaction Levies) and/or on terms otherwise than in full compliance with the applicable laws and the terms of this Agreement, the Hong Kong Underwriting Agreement and the Hong Kong Public Offer Documents.

More Definitions of Transaction Levies

Transaction Levies means the transaction levies at the rates of 0.0027% and 0.00015%, respectively, of the Offer Price in respect of the Offer Shares imposed by the SFC and the Accounting and Financial Reporting Council of Hong Kong, respectively;