Common use of Fractional entitlements Clause in Contracts

Fractional entitlements. Notwithstanding anything to the contrary contained in this Clause 4, no Fractional Entitlements shall be issued by Holdco under Clause 4.1 or Clause 4.3, and all Fractional Entitlements shall be aggregated and sold in the market with the net proceeds of any such sale distributed pro-rata to the holders of ▇▇▇▇▇▇ Share Awards.

Fractional entitlements. Notwithstanding anything to the contrary contained in this Clause 4, no Fractional Entitlements shall be issued by Holdco under Clause 4.1 or Clause 4.34.2, and all Fractional Entitlements in respect of ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Options or ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Share Awards shall be aggregated and sold in the market with the net proceeds of any such sale distributed pro-rata to the holders of such ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Options or ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Share AwardsAwards in accordance with the Fractional Entitlements to which they would otherwise have been entitled.

Fractional entitlements. Notwithstanding anything to the contrary contained in this Clause 4, no Fractional Entitlements shall be issued by Holdco under Clause 4.1 or Clause 4.34.2, and all Fractional Entitlements in respect of Covidien Options or Covidien Share Awards shall be aggregated and sold in the market by the Exchange Agent with the net proceeds of any such sale distributed pro-rata to the holders of ▇▇▇▇▇▇ such Covidien Options or Covidien Share AwardsAwards in accordance with the Fractional Entitlements to which they would otherwise have been entitled.

Fractional entitlements. Notwithstanding anything to the contrary contained in this Clause 4, no Fractional Entitlements shall be issued by Holdco under Clause 4.1 or Clause 4.3, 4.2 and all Fractional Entitlements in respect of Elan Options or Elan Share Awards shall be aggregated and sold in the market with the net proceeds of any such sale distributed pro-rata to the holders of ▇▇▇▇▇▇ such Elan Options or Elan Share AwardsAwards in accordance with the Fractional Entitlements to which they would otherwise have been entitled.

Fractional entitlements. Notwithstanding anything to the contrary contained in this Clause 4, no Fractional Entitlements shall be issued by Holdco under Clause 4.1 or Clause 4.3, 4.2 and all Fractional Entitlements in respect of Elan Options or Elan Share Awards shall be aggregated and sold in the market with the net proceeds of any such sale distributed pro-rata pro−rata to the holders of ▇▇▇▇▇▇ such Elan Options or Elan Share AwardsAwards in accordance with the Fractional Entitlements to which they would otherwise have been entitled.

Fractional entitlements. Notwithstanding anything to the contrary contained in this Clause 4, no Fractional Entitlements shall be issued by Holdco under Clause 4.1 or Clause 4.34.2, and all Fractional Entitlements in respect of Strongbridge Options or Strongbridge Share Awards shall be aggregated and sold in the market by the Exchange Agent with the net proceeds of any such sale distributed pro-rata to the holders of ▇▇▇▇▇▇ such Strongbridge Options or Strongbridge Share AwardsAwards in accordance with the Fractional Entitlements to which they would otherwise have been entitled.