Common use of Progress of the Scheme Clause in Contracts

Progress of the Scheme. (a) Parent shall procure that the material terms of the Scheme Circular are not inconsistent in any material respect with, or contrary to, the terms of the Press Release delivered to the Administrative Agent pursuant to the terms of this Credit Agreement unless the Administrative Agent has approved in writing (which approval shall not be unreasonably withheld, delayed or conditioned) such change in advance or is required by the Panel, the Court or the SEC.

Appears in 4 contracts

Samples: Senior Unsecured Bridge Credit Agreement (Medtronic Inc), Term Loan Credit Agreement (Medtronic Inc), Senior Unsecured Bridge Credit Agreement

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