Common use of London Stock Exchange Clause in Contracts

London Stock Exchange. Notwithstanding the restrictions set forth in Section 6, the Purchaser represents and warrants to each Assignor that upon admission of the Assignment Shares to be issued as consideration hereunder to each Assignor pursuant to Section 1.4 above to listing on the Official List maintained by the UK Listing Authority and to trading on the London Stock Exchange (“Admission”) (i) the Assignment Shares (A) will be readily and immediately saleable on the London Stock Exchange; (B) will not need to be registered on the London Stock Exchange; (C) will not need to be held for any period or length of time prior to said sale; and (ii) there is nothing in the laws of the United Kingdom that will prevent the Assignors from selling the Assignment Shares immediately following Admission on the London Stock Exchange. Purchaser undertakes to obtain the Admission of the Assignment Shares within 15 business days following Condition Satisfaction Date. The Purchaser further undertakes to provide each Seller with a copy of the documents submitted by the Purchaser to obtain Admission within 2 business days following such submission and to notify in writing each Assignor within two (2) business days following its receipt of confirmation of Admission.

London Stock Exchange. Notwithstanding the restrictions set forth in Section 6, the Purchaser represents and warrants to each Assignor that upon admission of the Assignment Shares to be issued as consideration hereunder to each Assignor pursuant to Section 1.4 above to listing on the Official List maintained by the UK Listing Authority and to trading on the London Stock Exchange (“"Admission”") (i) the Assignment Shares (A) will be readily and immediately saleable on the London Stock Exchange; (B) will not need to be registered on the London Stock Exchange; (C) will not need to be held for any period or length of time prior to said sale; and (ii) there is nothing in the laws of the United Kingdom that will prevent the Assignors from selling the Assignment Shares immediately following Admission on the London Stock Exchange. Purchaser undertakes to obtain the Admission of the Assignment Shares within 15 business days following Condition Satisfaction Date. The Purchaser further undertakes to provide each Seller with a copy of the documents submitted by the Purchaser to obtain Admission within 2 business days following such submission and to notify in writing each Assignor within two (2) business days following its receipt of confirmation of Admission.