Common use of Scheme Clause in Contracts

Scheme. I irrevocably and unconditionally undertake, if the Acquisition is implemented by way of the Scheme, to the Offeror that: (i) (to the extent I or my spouse hold Shares) I shall (and shall use reasonable endeavours to procure that my spouse shall) exercise, or, where applicable, procure the exercise of, all voting rights attaching to the Shares to vote in favour of any resolution (whether or not amended and whether put on a show of hands or a poll) which is proposed at any general meeting of the Company (including any adjournment thereof) (“General Meeting”) or at any meeting of holders of shares in the Company convened by a Court (including any adjournment thereof) (“Court Meeting”) which is necessary to implement the Acquisition; (ii) (to the extent I or my spouse hold Shares) I shall (and shall use reasonable endeavours to procure that my spouse shall) exercise, or, where applicable, procure the exercise of, all voting rights attaching to the Shares to vote against any resolution (whether or not amended and whether put on a show of hands or a poll) which is proposed at any General Meeting or any Court Meeting which is reasonably likely to impede or frustrate the Acquisition in any way (which shall include any resolution to approve a scheme of arrangement relating to the acquisition of any shares in the Company by a third party); (iii) (to the extent I or my spouse hold Shares) I shall, in my capacity as a shareholder of the Company, (and shall use reasonable endeavours to procure that my spouse shall) exercise, or, where applicable, procure the exercise of, all rights attaching to the Shares to requisition or join in the requisitioning of any general meeting of the Company for the purposes of voting on any resolution referred to under paragraph (i) above, or to require the Company to give notice of any such meeting, only in accordance with the Offeror’s instructions; (iv) for the purpose of voting on any resolution referred to under paragraphs (i) and (ii) above, I shall (and shall use reasonable endeavours to procure that my spouse shall), if required by the Offeror, execute any form of proxy required by the Offeror appointing any person nominated by the Offeror to attend and vote at the relevant meetings; (v) (to the extent I or my spouse hold Shares) without prejudice to paragraph 2(iv), and in the absence of any such requirement by the Offeror, I shall (and shall use reasonable endeavours to procure that my spouse shall) after the posting of the circular to be sent to shareholders of the Company containing an explanatory statement in respect of the Scheme (the “Scheme Document”) (and without prejudice to any right I or my spouse have to attend and vote in person at the Court Meeting and the General Meeting to implement the Acquisition), return, or procure the return of, if applicable, the signed forms of proxy enclosed with the Scheme Document (completed and signed and voting in favour of the resolutions to implement the Acquisition) in accordance with the instructions printed on those forms of proxy and, if applicable, in respect of any Shares held in uncertificated form, take or procure the taking of any action which may be required by the Company or its nominated representative in order to make a valid proxy appointment and give valid proxy instructions (voting in favour of the resolutions to implement the Acquisition), as soon as possible and in any event within ten days after the posting of the Scheme Document; and (vi) (to the extent I or my spouse hold Shares) I shall not (and shall use reasonable endeavours to procure that my spouse shall not) revoke the terms of any proxy executed or returned in accordance with paragraphs 2(iv) and (v), either in writing or by attendance at any General Meeting or Court Meeting or otherwise.

Appears in 1 contract

Samples: Deed of Irrevocable Undertaking (Marsh & McLennan Companies, Inc.)

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Scheme. I We irrevocably and unconditionally undertake, if the Acquisition is implemented by way of the Scheme, to the Offeror Ensco that: (i) (to the extent I or my spouse hold Shares) I we shall (and shall use reasonable endeavours to procure that my spouse shall) exercise, or, where applicable, procure the exercise of, all voting rights attaching to the Rowan Shares to vote in favour of as follows on any resolution (whether or not amended and whether put on a show of hands or a poll) which is proposed at any general meeting of the Company Rowan (including any adjournment or postponement thereof) (the Rowan General Meeting”) or at any meeting of holders of shares in the Company Rowan convened by a Court (including any adjournment or postponement thereof) (“Court Meeting”) which which: (a) is necessary to implement the Acquisition, in favour of the resolution; (iib) (might reasonably be expected to have any positive impact on the fulfilment of any condition to the extent I or my spouse hold SharesAcquisition, in favour of the resolution; (c) I shall (and shall use reasonable endeavours to procure that my spouse shall) exercise, or, where applicable, procure the exercise of, all voting rights attaching to the Shares to vote against any resolution (whether or not amended and whether put on a show of hands or a poll) which is proposed at any General Meeting or any Court Meeting which is might reasonably likely be expected to impede or frustrate the Acquisition in any way (which shall include any resolution to approve a scheme of arrangement relating to the acquisition of any shares in the Company Rowan by a third party), against the resolution; or (d) might otherwise impact on the success of the Acquisition, only in accordance with Ensco’s instructions; (iiiii) (to the extent I or my spouse hold Shares) I shall, in my capacity as a shareholder of the Company, (and we shall use reasonable endeavours to procure that my spouse shall) exercise, or, where applicable, procure the exercise of, all rights attaching to the Rowan Shares to requisition or join in the requisitioning of any general meeting of the Company Rowan for the purposes of voting on any resolution referred to under paragraph (i) above, or to require the Company Rowan to give notice of any such meeting, only in accordance with the OfferorEnsco’s instructions; (iviii) for the purpose of voting on any resolution referred to under paragraphs paragraph (i) and (ii) above, I shall (and shall use reasonable endeavours to procure that my spouse we shall), if required by the OfferorEnsco, execute any form of proxy required by the Offeror Ensco appointing any person nominated by the Offeror Ensco to attend and vote at the relevant meetings;; and (v) (to the extent I or my spouse hold Sharesiv) without prejudice to paragraph 2(iv(iii), and in the absence of any such requirement by the OfferorEnsco, I we shall (and shall use reasonable endeavours to procure that my spouse shall) after the posting of any proxy statement (including any supplement or amendment to the circular joint proxy statement dated 11 December 2018 which was first mailed or otherwise delivered to Ensco shareholders and Rowan shareholders on or about 12 December 2018) to be sent to shareholders of Rowan and/or Ensco concerning the Company containing an explanatory statement in respect of the Scheme Acquisition (the “Scheme DocumentProxy Statement”) (and without prejudice to any right I or my spouse we have to attend and vote in person at the Court Meeting and the General Meeting to implement the Acquisition), ) return, or procure the return of, if applicable, the signed forms of proxy enclosed with the Scheme Document Proxy Statement (completed and signed and voting in favour of the resolutions to implement the Acquisition) in accordance with the instructions printed on those forms of proxy and, if applicable, in respect of any Shares held in uncertificated form, take or procure the taking of any action which may be required by the Company Rowan or its nominated representative in order to make a valid proxy appointment and give valid proxy instructions (voting in favour of the resolutions to implement the Acquisition), as soon as possible and in any event within ten seven days after the posting of the Scheme Document; and (vi) (to the extent I or my spouse hold Shares) I shall not (and shall use reasonable endeavours to procure that my spouse shall not) revoke the terms of any proxy executed or returned in accordance with paragraphs 2(iv) and (v), either in writing or by attendance at any General Meeting or Court Meeting or otherwiseProxy Statement.

Appears in 1 contract

Samples: Agreement of Irrevocable Undertaking (Ensco PLC)

Scheme. I 2.1 With effect from the date of this undertaking, we irrevocably and unconditionally undertake, if the Acquisition is implemented by way of the Scheme, to the Offeror that: (iA) (to the extent I or my spouse hold Shares) I we shall (and shall use reasonable endeavours to procure that my spouse shall) exercise, or, where applicable, procure the exercise of, all voting rights attaching to the Shares to vote in favour of on any resolution (whether or not amended and whether put on a show of hands or a poll) which is proposed at any general meeting of the Company (including any adjournment thereof) (“General Meeting”) or at any meeting of holders of shares in the Company convened by a Court (including any adjournment thereof) (“Court Meeting”) which is as follows: (i) in favour of any resolution necessary to implement the Acquisition; (ii) (to other than with the extent I or my spouse hold Shares) I shall (and shall use reasonable endeavours to procure that my spouse shall) exerciseOfferor’s prior consent, or, where applicable, procure the exercise of, all voting rights attaching to the Shares to vote against any resolution (whether or not amended and whether put on a show of hands or a poll) which is proposed at any General Meeting or any Court Meeting which is that might reasonably likely be expected to impede impede, prevent, delay or frustrate the Acquisition in any way the Acquisition or the fulfilment of any condition to the Acquisition; and (which shall include iii) against any resolution to approve a scheme of arrangement relating to the acquisition of any shares in the Company by a third party); (iiiB) (to the extent I or my spouse hold Shares) I shall, in my capacity as a shareholder of the Company, (and we shall use reasonable endeavours to procure that my spouse shall) exercise, or, where applicable, procure the exercise of, all rights attaching to the Shares to requisition or join in the requisitioning of any general meeting of the Company for the purposes of voting on any resolution referred to under paragraph (iA) above, or to require the Company to give notice of any such meeting, only in accordance with the Offeror’s instructions; (ivC) for the purpose of voting on any resolution referred to under paragraphs and in accordance with paragraph (i) and (iiA) above, I shall (and shall use reasonable endeavours to procure that my spouse we shall), if required by the Offeror, execute any a form of proxy required by the Offeror appointing any person nominated by the Offeror to attend and vote at the relevant meetings;meetings for such purpose; and (v) (to the extent I or my spouse hold SharesD) without prejudice to paragraph 2(iv(C), and in the absence of any such requirement by the Offeror, I we shall (and shall use reasonable endeavours to procure that my spouse shall) after the posting of the circular to be sent to shareholders of the Company containing an explanatory statement in respect of the Scheme (the “Scheme Document”) (and without prejudice to any right I or my spouse we have to attend and vote in person at the Court Meeting and the General Meeting to implement the Acquisition), return, or procure the return of, if applicable, the signed forms of proxy enclosed with the Scheme Document (completed and signed and voting in favour of the resolutions to implement the Acquisition) in accordance with the instructions printed on those forms of proxy and, if applicable, in respect of any Shares held in uncertificated form, take or procure the taking of any action which may be required by the Company or its nominated representative in order to make a valid proxy appointment and give valid proxy instructions (voting in favour of the resolutions to implement the Acquisition), as soon as possible and in any event within ten seven days after the posting of the Scheme Document; and (vi) (to the extent I or my spouse hold Shares) I shall not (and shall use reasonable endeavours to procure that my spouse shall not) revoke the terms of any proxy executed or returned in accordance with paragraphs 2(iv) and (v), either in writing or by attendance at any General Meeting or Court Meeting or otherwise.

Appears in 1 contract

Samples: Acquisition Agreement (NCR Corp)

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Scheme. I 2.1 With effect from the date of this undertaking, we irrevocably and unconditionally undertake, if the Acquisition is implemented by way of the Scheme, to the Offeror that: (iA) (to the extent I or my spouse hold Shares) I we shall (and shall use reasonable endeavours to procure that my spouse shall) exercise, or, where applicable, procure the exercise of, all voting rights attaching to the Shares to vote in favour of on any resolution (whether or not amended and whether put on a show of hands or a poll) which is proposed at any general meeting of the Company (including any adjournment thereof) ("General Meeting") or at any meeting of holders of shares in the Company convened by a Court (including any adjournment thereof) ("Court Meeting") which is as follows: (i) in favour of any resolution necessary to implement the Acquisition; (ii) (to other than with the extent I or my spouse hold Shares) I shall (and shall use reasonable endeavours to procure that my spouse shall) exerciseOfferor's prior consent, or, where applicable, procure the exercise of, all voting rights attaching to the Shares to vote against any resolution (whether or not amended and whether put on a show of hands or a poll) which is proposed at any General Meeting or any Court Meeting which is that might reasonably likely be expected to impede impede, prevent, delay or frustrate the Acquisition in any way the Acquisition or the fulfilment of any condition to the Acquisition; and (which shall include iii) against any resolution to approve a scheme of arrangement relating to the acquisition of any shares in the Company by a third party); (iiiB) (to the extent I or my spouse hold Shares) I shall, in my capacity as a shareholder of the Company, (and we shall use reasonable endeavours to procure that my spouse shall) exercise, or, where applicable, procure the exercise of, all rights attaching to the Shares to requisition or join in the requisitioning of any general meeting of the Company for the purposes of voting on any resolution referred to under paragraph (iA) above, or to require the Company to give notice of any such meeting, only in accordance with the Offeror’s 's instructions; (ivC) for the purpose of voting on any resolution referred to under paragraphs and in accordance with paragraph (i) and (iiA) above, I shall (and shall use reasonable endeavours to procure that my spouse we shall), if required by the Offeror, execute any a form of proxy required by the Offeror appointing any person nominated by the Offeror to attend and vote at the relevant meetings;meetings for such purpose; and (v) (to the extent I or my spouse hold SharesD) without prejudice to paragraph 2(iv(C), and in the absence of any such requirement by the Offeror, I we shall (and shall use reasonable endeavours to procure that my spouse shall) after the posting of the circular to be sent to shareholders of the Company containing an explanatory statement in respect of the Scheme (the "Scheme Document") (and without prejudice to any right I or my spouse we have to attend and vote in person at the Court Meeting and the General Meeting to implement the Acquisition), return, or procure the return of, if applicable, the signed forms of proxy enclosed with the Scheme Document (completed and signed and voting in favour of the resolutions to implement the Acquisition) in accordance with the instructions printed on those forms of proxy and, if applicable, in respect of any Shares held in uncertificated form, take or procure the taking of any action which may be required by the Company or its nominated representative in order to make a valid proxy appointment and give valid proxy instructions (voting in favour of the resolutions to implement the Acquisition), as soon as possible and in any event within ten seven days after the posting of the Scheme Document; and (vi) (to the extent I or my spouse hold Shares) I shall not (and shall use reasonable endeavours to procure that my spouse shall not) revoke the terms of any proxy executed or returned in accordance with paragraphs 2(iv) and (v), either in writing or by attendance at any General Meeting or Court Meeting or otherwise.

Appears in 1 contract

Samples: Acquisition Agreement (Cardtronics PLC)

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