Anti-embarrassment. In the event that, within 12 months from the date of completion of the transfer by a Bank in favor of NP of its participation (the “Relevant Participation”) as a result of the exercise of the Put Option by such Bank and/or of the Call Option by NP, and
Anti-embarrassment. The Purchaser hereby covenants with the Vendor that the Purchaser shall pay to the Vendor a sum equal to the whole of the Net Proceeds (the “Additional Consideration”) by way of additional consideration for the Shares, if a Disposal is made within 18 months of the Completion Date. The provisions of this clause 3.2 are subject to clauses 3.3 to 3.6 (inclusive).
Anti-embarrassment. 5.1 The Buyer hereby covenants with the Seller that the Buyer shall pay to the Seller a sum equal to 50% of the net proceeds (less the Consideration) if a disposal of the Designated Intellectual Property is made within 24 months of the Completion Date.
Anti-embarrassment. 12.1 The following additional definitions shall apply for the purpose of this Clause 12: control has the meaning given to it in section 840 of the Income and Corporation Taxes Act 1988 and controlling interest shall be construed accordingly. Disposal means any event the effect of which is that, whether by one transaction or a series of related transactions, any person or group of persons (not being a member of the Purchaser’s Group and whether connected to each other or not) (a Third Party):
Anti-embarrassment. 16.1. For the purposes of this clause 16 each of the following words and expressions shall, unless the context otherwise requires, have the following meaning:
