Common use of Scheme Completion Clause in Contracts

Scheme Completion. ‌ If the Scheme Supervisors resolve (and notify SchemeCo of that resolution) that: 7.1.1 they are satisfied that the Scheme has been properly implemented in accordance with its terms; 7.1.2 all Scheme Claims have been determined and/or adjudicated (as applicable) in accordance with Clause 3.5 and Clause 3.6; and 7.1.3 all Ascertained Scheme Claims have been paid in accordance with Clause 4.1, SchemeCo shall promptly publish a notice on the Website confirming that the Scheme has been fully implemented in accordance with its terms.

Scheme Completion. ‌ If the Scheme Supervisors resolve (and notify SchemeCo of that resolution) that: 7.1.1 they are satisfied that the Scheme has been properly implemented in accordance with its terms; 7.1.2 all Scheme Claims have been determined and/or adjudicated (as applicable) in accordance with Clause 3.5 and or Clause 3.6; and 7.1.3 all Ascertained Scheme Claims Claims, VREQ Refund Payments and Scheme Refund Payments have been paid in accordance with Clause 4.1Parts 3 and 4 and that all amounts standing to the credit of the Compensation Fund have been distributed in accordance with the Scheme, SchemeCo shall promptly publish a notice on the Website confirming that the Scheme has been fully implemented in accordance with its terms.

Scheme Completion. ‌ If the Scheme Supervisors resolve (and notify SchemeCo of that resolution) that: 7.1.1 8.1.1 they are satisfied that the Scheme has been properly implemented in accordance with its terms; 7.1.2 8.1.2 all Scheme Claims have been determined and/or adjudicated (as applicable) in accordance with Clause 3.5 4.5 and Clause 3.64.6 ; and 7.1.3 8.1.3 all Ascertained Scheme Claims have been paid in accordance with Clause 4.15.2 or Clause 5.3, SchemeCo shall promptly publish a notice on the Website confirming that the Scheme has been fully implemented in accordance with its terms.