Application of the Code. 7.1 Nothing in this agreement shall in any way limit the Parties' obligations under the Code, and any uncontested rulings of the Panel as to the application of the Code in conflict with the terms of this agreement shall take precedence over the terms of this agreement. 7.2 Nothing in this agreement shall oblige: (a) Consort or the Consort Directors to recommend an Offer or a Scheme proposed by Recipharm AB or any member of the Recipharm AB Group or any person acting in concert with such persons; or (b) Consort to take any action (whether as a direct obligation or as a condition to any other person's obligation (however expressed) which the Panel determines would not be permitted by Rule 21.2 of the Code. 7.3 Nothing in this agreement shall be taken to restrict the directors of any member of the Consort Group from complying with applicable Law, orders of court or regulations, including the Code, the Listing Rules and the rules and regulations of the Panel and the UKLA.
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Sources: Co Operation Agreement, Co Operation Agreement