Common use of Fractional entitlements and splitting Clause in Contracts

Fractional entitlements and splitting. Where the calculation of the Scheme Consideration to be issued to a particular Scheme Shareholder would result in the Scheme Shareholder becoming entitled to a fraction of a cent, the fractional entitlement will be rounded down to the nearest whole cent.

Fractional entitlements and splitting. Where the calculation of the Scheme Consideration to be issued to a particular Scheme Shareholder Securityholder would result in the Scheme Shareholder Securityholder becoming entitled to a fraction of a cent, the fractional entitlement will be rounded down to the nearest whole cent.

Fractional entitlements and splitting. Where the calculation of the Scheme Cash Consideration to be issued provided to a particular Scheme Shareholder would result in the Scheme Shareholder becoming entitled to a fraction of a centcent (or a fraction of a xxxxx, where applicable), the fractional entitlement will be rounded down to the nearest whole centcent or xxxxx (as applicable).

Fractional entitlements and splitting. (a) Where the calculation of the Scheme Consideration to be issued to a particular Scheme Shareholder would result in the Scheme Shareholder becoming entitled to a fraction of a centcent or of a New VHA Share, the fractional entitlement will be rounded down to the nearest whole centcent or number of New VHA Shares, as applicable.