Scheme definition
Examples of Scheme in a sentence
The Purchaser and the Stakeholder Representatives acknowledge that the Purchaser’s only rights and remedies in respect of any breach of Clause 9.1 are under and/or pursuant to the Scheme and this Clause 9.2, and Clauses 9.6 and 9.8.
Following delivery of a Leakage Notice, the Purchaser and the Stakeholder Representatives shall discuss in good faith and either seek to agree (i) that Leakage has occurred, (ii) the amount thereof; and (iii) the identity of the relevant Scheme Shareholders to whom such Leakage is attributable, or confirm that no such Leakage has occurred.
Each of the Parties shall, and shall use reasonable endeavours to procure that any necessary third party shall, from time to time execute such documents and perform such acts and things as another Party may reasonably require to transfer the Acquisition Shares to the Purchaser on the terms and subject to the conditions of this Deed, the Private Treaty SPA and of the Scheme and to give the other Parties the full benefit of this Deed.
The Purchaser shall notify the Company and the Stakeholder Representatives promptly upon becoming aware of any fact, matter or circumstance that may cause any impediment, directly or indirectly, to the Purchaser drawing down such amounts under the terms of the Financing Agreements as shall be necessary to allow the Purchaser to fulfil its payment obligations pursuant to this Deed and the Scheme.