Common use of Demerger Clause in Contracts

Demerger. Any material variations are made to or material departures are made from the Relevant Provisions of the Scheme Booklet which have not received the prior written consent of the Agent acting on the instructions of the Majority Lenders (such consent not to be unreasonably withheld).

Appears in 2 contracts

Sources: Subscription Agreement (WMC Resources Inc), Subscription Agreement (WMC Resources Inc)