Common use of Issuance Procedures Clause in Contracts

Issuance Procedures. (a) On the Settlement Date, Parent shall issue, and cause to be deposited with the Rights Agent, a number of Parent A Shares equal to the Aggregate CVR Shares. On the Settlement Date or as promptly as practicable thereafter, subject to Section 3.4(c) below, the Rights Agent shall cause the applicable number of CVR Shares to be registered in the name of each of the Holders as reflected in the CVR Register as of the close of business on the last Business Day prior to such issuance date.

Appears in 5 contracts

Samples: Contingent Value Rights Agreement (Eros International PLC), Contingent Value Rights Agreement (Eros International PLC), Class E Contingent Value Rights Agreement (Eros International PLC)

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