EXCHANGE COMPLETION. 2.1 Completion of the sale and purchase of the Exchange Sale Shares pursuant to clause 1 (“Completion”) shall take place on the Closing Date, immediately prior to the Closing (and, for avoidance of doubt, prior to (i) the repurchase of NewCo Common Shares pursuant to section 2.2(c)(iv) of the BCA; and (ii) the Merger), at which time (such time, the “Pre-Closing Reorganization Effective Time”): 2.1.1 the Shareholder, or SGHC through the Power of Attorney, as the case may be, will deliver to SGHC share transfer forms in favour of Newco in respect of each Exchange Sale Share, duly signed and dated by or on behalf of the Shareholder; 2.1.2 the Shareholders shall together procure that SGHC enters the name of Newco on the members register of SGHC as the holder of all the Exchange Sale Shares in the place of the Shareholders and SGHC agrees to effect the same upon receipt by it of all of the duly signed and dated share transfer forms; and 2.1.3 Newco shall, conditional upon SGHC writing up its register of members in accordance with clause 2.1.2 showing Newco to be the holder of all the issued ordinary shares of SGHC, issue to each Shareholder such Shareholder’s Relevant Exchange Consideration Shares as fully paid and unassessable shares, and shall procure that the name of each Shareholder is entered into the register of members of Newco as the holder of the Relevant Exchange Consideration Shares.
EXCHANGE COMPLETION. 4.1 Completion of the sale and purchase of the Exchange Sale Shares shall take place immediately following the execution hereof, when:
EXCHANGE COMPLETION. 19.1 The parties will endeavour to exchange contracts by the end of March 2017 19.2 Completion will take place following satisfaction of all the conditions precedent for completion though the Tenant will be permitted to elect to complete earlier at its discretion. 19.3 The Agreement for Lease will permit the Tenant to assign the Agreement for Lease to another school trust prior to completion without Landlord’s consent being required
