Common use of Permitted Disposals Clause in Contracts

Permitted Disposals. (a) Xxxxxx Xxxxxx 19.11(b)(liv)(C). (b) Amend Clause 19.11(b)(vii) by deleting the following “, provided that the aggregate amount of all such asset securitisations or receivables factoring transactions does not exceed the greater of: (A) €250,000,000 (or its equivalent in other currencies) at any time; and (B) 5% of Total Assets at any time”. (c) Amend Clause 19.11(b)(xxviii) to insert “(or any disposals of Cash Equivalent Investments)” immediately after “the application of cash in payments”. (d) Delete the definition of French Group in Clause 19.11(d) (Disposals). (e) Xxxxxx Xxxxxx 19.11(c)(i) and replace it with the following “(i) 17.5%;”. (f) Delete the following from Clause 19.11(c)(y) “, except in respect of a disposal of the French Group”.

Permitted Disposals. (a) Xxxxxx Xxxxxx Delete Clause 19.11(b)(liv)(C). (b) Amend Clause 19.11(b)(vii) by deleting the following “, provided that the aggregate amount of all such asset securitisations or receivables factoring transactions does not exceed the greater of: (A) €250,000,000 (or its equivalent in other currencies) at any time; and (B) 5% of Total Assets at any time”. (c) Amend Clause 19.11(b)(xxviii) to insert “(or any disposals of Cash Equivalent Investments)” immediately after “the application of cash in payments”. (d) Delete the definition of French Group in Clause 19.11(d) (Disposals). (e) Xxxxxx Xxxxxx Delete Clause 19.11(c)(i) and replace it with the following “(i) 17.5%;”. (f) Delete the following from Clause 19.11(c)(y) “, except in respect of a disposal of the French Group”.