Scrip Consideration. Pubco covenants in favour of BTH (in its own right and on behalf of the Scheme Shareholders) that:
Scrip Consideration. For the avoidance of doubt, a failure by the Bidder to issue Scrip Consideration when such issue is required under a Transaction Document binding on the Bidder will constitute a failure to pay a sum equal to the value attributed to the Scrip Consideration in the Target Initial Announcement for the purpose of clause 18.2.
Scrip Consideration. (a) If a Scheme Participant makes a valid Scrip Election, then subject to clauses 4.5(b) and 4.5(c), the Scheme Participant will be entitled to receive for each Security held by that Scheme Participant at the Record Date:
Scrip Consideration. (a) On Completion, Evolution must issue, or procure the issue of, the Scrip Consideration to Xx Xxxxxx.
Scrip Consideration. (a) To facilitate the provision of the Aggregate Scrip Consideration payable to Scheme Participants that have made a valid Scrip Election, Bidder must procure that the Bid Fund:
Scrip Consideration. 21.1 The Vendor is acquiring the shares of Class A Common Stock of Malibu US received as Scrip Consideration for its own account and not as a nominee or agent for any other person, for investment purposes only and without a view to the resale or distribution of such securities or any interest therein in violation of the U.S. Securities Act of 1933, as amended (the “Securities Act”), or any applicable securities laws of any other jurisdiction and the Vendor does not have any present intention of selling, granting any participation in, or otherwise distributing the same. By executing this agreement, the Vendor further represents that it does not have any contract with any person to, directly or indirectly, sell, transfer or grant participations, with respect to any shares of Class A Common Stock of Malibu US received as Scrip Consideration, and has not solicited any person for such purpose.
Scrip Consideration. If a Target Shareholder makes a valid Election and clause 5.2 does not apply:
Scrip Consideration. Notwithstanding anything else in this clause 6 or elsewhere in this deed, the parties acknowledge and agree that:
Scrip Consideration. On the Completion Date, the Scrip Consideration will be calculated on the following basis:
