Common use of Fractional entitlements Clause in Contracts

Fractional entitlements. Notwithstanding anything to the contrary contained in this Clause 4, no Fractional Entitlements shall be issued by Holdco under Clause 4.1 or Clause 4.3, and all Fractional Entitlements shall be aggregated and sold in the market with the net proceeds of any such sale distributed pro-rata to the holders of Xxxxxx Share Awards.

Fractional entitlements. Notwithstanding anything to the contrary contained in this Clause 4, no Fractional Entitlements shall be issued by Holdco under Clause 4.1 or Clause 4.34.2, and all Fractional Entitlements in respect of Covidien Options or Covidien Share Awards shall be aggregated and sold in the market by the Exchange Agent with the net proceeds of any such sale distributed pro-rata to the holders of Xxxxxx such Covidien Options or Covidien Share AwardsAwards in accordance with the Fractional Entitlements to which they would otherwise have been entitled.

Fractional entitlements. Notwithstanding anything to the contrary contained in this Clause 4, no Fractional Entitlements shall be issued by Holdco under Clause 4.1 or Clause 4.34.2, and all Fractional Entitlements in respect of Xxxxxx Xxxxxxxx Options or Xxxxxx Xxxxxxxx Share Awards shall be aggregated and sold in the market with the net proceeds of any such sale distributed pro-rata to the holders of such Xxxxxx Xxxxxxxx Options or Xxxxxx Xxxxxxxx Share AwardsAwards in accordance with the Fractional Entitlements to which they would otherwise have been entitled.

Fractional entitlements. Notwithstanding anything to the contrary contained in this Clause 4, no Fractional Entitlements shall be issued by Holdco under Clause 4.1 or Clause 4.3, 4.2 and all Fractional Entitlements in respect of Elan Options or Elan Share Awards shall be aggregated and sold in the market with the net proceeds of any such sale distributed pro-rata pro−rata to the holders of Xxxxxx such Elan Options or Elan Share AwardsAwards in accordance with the Fractional Entitlements to which they would otherwise have been entitled.

Fractional entitlements. Notwithstanding anything to the contrary contained in this Clause 4, no Fractional Entitlements shall be issued by Holdco under Clause 4.1 or Clause 4.3, 4.2 and all Fractional Entitlements in respect of Elan Options or Elan Share Awards shall be aggregated and sold in the market with the net proceeds of any such sale distributed pro-rata to the holders of Xxxxxx such Elan Options or Elan Share AwardsAwards in accordance with the Fractional Entitlements to which they would otherwise have been entitled.