Sale and Settlement Date Clause Samples
Sale and Settlement Date. The Lead Manager will procure that the sale of the Sale Shares under clause 2.1 shall be effected:
(a) subject to clause 2.2(b), on the Trade Date, by way of one or more special crossings (in accordance with the Operating Rules of ASX) at the Sale Price, with settlement to follow on a T+2 basis in accordance with the ASX Settlement Operating Rules (Settlement Date); and
(b) in respect of any Restricted Shares (as defined in clause 2.7), in accordance with clause 2.8.
Sale and Settlement Date. The Lead Manager shall procure that the sale of the Sale Securities under clause 2.1 shall be effected on the Trade Date (as specified in the Timetable in Schedule 1), by way of one or more special crossings (in accordance with New Zealand Clearing Limited's Clearing and Settlement Rules) at the Sale Price, with settlement to follow on a T+2 basis in accordance with New Zealand Clearing Limited's Clearing and Settlement Rules (Settlement Date).
Sale and Settlement Date. The Lead Manager in consultation with the Vendor will determine the Sale Price for the Sale Shares via a bookbuild process (Bookbuild) to be conducted in accordance with the timetable in Schedule 1 (the closing time of which may be varied by the Lead Manager if agreed by the Vendor in writing (acting reasonably)), which for the avoidance of doubt must not be less than the Underwritten Floor Price. The Lead Manager shall procure that the sale of the Sale Shares under clause 2.1 shall be effected by 9:45am on the Trade Date (as defined in the Timetable in Schedule 1), by way of one or more special crossings (in accordance with the Operating Rules of ASX) at the Sale Price, with settlement to follow on a T+2 basis in accordance with the ASX Settlement Operating Rules (Settlement Date).