Common use of Keysight undertakes Clause in Contracts

Keysight undertakes. 6.1.1 not to object to, and co-operate in good faith with Target in relation to the Sanction Hearing being convened as soon as reasonably practicable after (provided that the date of the Sanction Hearing shall not be a date which is earlier than a date eight Business Days after) the satisfaction or waiver of the Scheme Conditions and the Regulatory Conditions; 6.1.2 not to object to, and co-operate in good faith with Target and take such steps as are necessary or reasonably desirable in relation to, the Scheme being implemented as soon as reasonably practicable following the satisfaction of the Scheme Condition relating to sanction of the Scheme by the Court; 6.1.3 by no later than the Business Day prior to the Sanction Hearing, to deliver a written notice to Target confirming either: (i) the satisfaction of all Conditions or waiver of all Conditions that are yet to be satisfied (other than the Scheme Condition relating to the sanction of the Scheme by the Court); or (ii) its intention to invoke a Condition (if permitted by the Panel), in which case Keysight shall provide Target with details of the event which has occurred, or circumstances which have arisen, which Keysight reasonably considers to be sufficiently material for the Panel to permit Keysight to invoke the Condition or treat it as unsatisfied or incapable of satisfaction, and, if and to the extent that all of the Conditions (other than the Scheme Condition relating to the sanction of the Scheme by the Court) have been satisfied or, where permissible, waived, Keysight shall, either: (a) instruct counsel to appear on ▇▇▇▇▇▇▇▇’s behalf at the Sanction Hearing and to undertake to the Court to be bound by the terms of the Scheme insofar as it relates to Keysight; or (b) notify Target that it agrees to be bound by Target’s counsel and undertakes to the Court to be bound by the terms of the Scheme. Keysight shall provide such documentation or information as may reasonably be required by Target’s counsel or the Court in relation to such undertaking.

Appears in 1 contract

Sources: Co Operation Agreement

Keysight undertakes. 6.1.1 not to object to, and co-operate in good faith with Target in relation to the Sanction Hearing being convened as soon as reasonably practicable after (provided that the date of the Sanction Hearing shall not be a date which is earlier than a date eight Business Days after) the satisfaction or waiver of the Scheme Conditions and the Regulatory Conditions; 6.1.2 not to object to, and co-operate in good faith with Target and take such steps as are necessary or reasonably desirable in relation to, the Scheme being implemented as soon as reasonably practicable following the satisfaction of the Scheme Condition relating to sanction of the Scheme by the Court; 6.1.3 by no later than the Business Day prior to the Sanction Hearing, to deliver a written notice to Target confirming either: (i) the satisfaction of all Conditions or waiver of all Conditions that are yet to be satisfied (other than the Scheme Condition relating to the sanction of the Scheme by the Court); or (ii) its intention to invoke a Condition (if permitted by the Panel), in which case Keysight shall provide Target with details of the event which has occurred, or circumstances which have arisen, which Keysight reasonably considers to be sufficiently material for the Panel to permit Keysight to invoke the Condition or treat it as unsatisfied or incapable of satisfaction, and, if and to the extent that all of the Conditions (other than the Scheme Condition relating to the sanction of the Scheme by the Court) have been satisfied or, where permissible, waived, Keysight shall, either: (a) instruct counsel to appear on ▇▇▇▇▇▇▇▇Keysight’s behalf at the Sanction Hearing and to undertake to the Court to be bound by the terms of the Scheme insofar as it relates to Keysight; or (b) notify Target that it agrees to be bound by Target’s counsel and undertakes to the Court to be bound by the terms of the Scheme. Keysight shall provide such documentation or information as may reasonably be required by Target’s counsel or the Court in relation to such undertaking.

Appears in 1 contract

Sources: Co Operation Agreement