Provision of Scheme. Consideration
Provision of Scheme. Consideration Subject to clauses 4.6, 4.7 and 4.9, SPI will provide to each Scheme Participant the Scheme Consideration to which that Scheme Participant is entitled by:
Provision of Scheme. Consideration Verra covenants to Redflex that, in consideration of the transfer to Verra of the Scheme Shares under the terms of the Scheme, Verra will provide (or procure the provision of) the Scheme Consideration to Scheme Participants in accordance with the terms of the Scheme.
Provision of Scheme. Consideration Subject to the conditions precedent in clause 3.1 being satisfied, Verra must deposit (or procure the deposit of) in cleared funds into the Trust Account an amount equal to the aggregate amount of the Scheme Consideration payable to Scheme Participants, with such amount to be received in the Trust Account by no later than 12:00pm on the Business Day before the Implementation Date and with such amount to be held by Redflex on trust for the purpose of paying the Scheme Consideration to Scheme Participants who are entitled to receive it pursuant to clause 6.3(a).
Provision of Scheme. Consideration Verra’s obligation under clause 4.1 will be satisfied by Verra, no later than 12:00pm on the Business Day before the Implementation Date, depositing (or procuring the deposit of) in cleared funds an amount equal to the aggregate amount of the Scheme Consideration payable to all Scheme Participants into the Trust Account (except that the amount of any interest on the amount deposited will be to Verra’s account).
Provision of Scheme. Consideration Bendigo Telco must, subject to clauses 5.2 and 5.3:
