Common use of Title to and rights in Scheme Shares Clause in Contracts

Title to and rights in Scheme Shares. (a) To the extent permitted by law, the Scheme Shares (including all rights and entitlements attaching to the Scheme Shares) transferred under this Scheme will, at the time of transfer of them to Bidder, vest in Bidder free from all: (i) mortgages, charges, liens, encumbrances, pledges, security interests (including any 'security interests' within the meaning of section 12 of the Personal Property Securities Act 2009 (Cth)) and interests of third parties of any kind, whether legal or otherwise; and (ii) restrictions on transfer of any kind. (b) On the provision of the Scheme Consideration in the manner contemplated by clause 5, Bidder will be beneficially entitled to the Scheme Shares to be transferred to it under this Scheme pending registration by APD of Bidder in the Security Register as the holder of the Scheme Shares. Bidder's entitlement to be registered in the Security Register as the holder of the Scheme Shares arises on the Implementation Date in accordance with clause 4.2.

Title to and rights in Scheme Shares. (a) To the extent permitted by law, the Scheme Shares (including all rights and entitlements attaching to the Scheme Shares) transferred under this Scheme will, at the time of transfer of them to Bidder, vest in Bidder free from all: (i) mortgages, charges, liens, encumbrances, pledges, security interests (including any 'security interests' within the meaning of section 12 of the Personal Property Properties Securities Act 2009 (Cth)) and interests of third parties of any kind, whether legal or otherwise; and (ii) restrictions on transfer of any kind. (b) On the provision of Upon the Scheme Consideration in the manner contemplated by clause 5becoming Effective, Bidder will be beneficially entitled to the Scheme Shares to be transferred to it under this Scheme pending registration by APD QMS of Bidder in the Security Share Register as the holder of the Scheme Shares. Bidder's entitlement to be registered in the Security Share Register as the holder of the Scheme Shares arises on the Implementation Date in accordance with clause 4.2.

Title to and rights in Scheme Shares. (a) To the extent permitted by law, the Scheme Shares (including all rights and entitlements attaching to the Scheme Shares) transferred under this Scheme will, at the time of transfer of them to Bidder, vest in Bidder free from all: (i) mortgages, charges, liens, encumbrances, pledges, security interests (including any 'security interests' within the meaning of section 12 of the Personal Property Properties Securities Act 2009 (Cth)) and interests of third parties of any kind, whether legal or otherwise; and (ii) restrictions on transfer of any kind. (b) On the provision of Upon the Scheme Consideration in the manner contemplated by clause 5becoming Effective, Bidder will be beneficially entitled to the Scheme Shares to be transferred to it under this Scheme pending registration by APD Target of Bidder in the Security Share Register as the holder of the Scheme Shares. Bidder's entitlement to be registered in the Security Share Register as the holder of the Scheme Shares arises on the Implementation Date in accordance with clause 4.2.

Title to and rights in Scheme Shares. (a) To the extent permitted by law, the Scheme Shares (including all rights and entitlements attaching to the Scheme Shares) transferred under this Scheme will, at the time of transfer of them to BidderDamstra, vest in Bidder Xxxxxxx free from all: (i) mortgages, charges, liens, encumbrances, pledges, security interests (including any 'security interests' within the meaning of section 12 of the Personal Property Securities Act 2009 (Cth)) and interests of third parties of any kind, whether legal or otherwise; and (ii) restrictions on transfer of any kind. (b) On Immediately upon the provision of the Scheme Consideration in the manner contemplated by clause 5, Bidder Xxxxxxx will be beneficially entitled to the Scheme Shares to be transferred to it under this Scheme pending registration by APD Vault of Bidder Xxxxxxx in the Security Share Register as the holder of the Scheme Shares. Bidder's Xxxxxxx’x entitlement to be registered in the Security Share Register as the holder of the Scheme Shares arises on the Implementation Date in accordance with clause 4.2.

Title to and rights in Scheme Shares. (a) To the extent permitted by law, the Scheme Shares (including all rights and entitlements attaching to the Scheme Shares) transferred under this Scheme will, at the time of transfer of them to BidderXxxxxxx, vest in Bidder Xxxxxxx free from all: (i) mortgages, charges, liens, encumbrances, pledges, security interests (including any 'security interests' within the meaning of section 12 of the Personal Property Securities Act 2009 (Cth)) and interests of third parties of any kind, whether legal or otherwise; and (ii) restrictions on transfer of any kind. (b) On Immediately upon the provision of the Scheme Consideration in the manner contemplated by clause 5, Bidder Xxxxxxx will be beneficially entitled to the Scheme Shares to be transferred to it under this Scheme pending registration by APD Vault of Bidder Xxxxxxx in the Security Share Register as the holder of the Scheme Shares. Bidder's Xxxxxxx’x entitlement to be registered in the Security Share Register as the holder of the Scheme Shares arises on the Implementation Date in accordance with clause 4.2.

Title to and rights in Scheme Shares. (a) To the extent permitted by law, the Scheme Shares (including all rights and entitlements attaching to the Scheme Shares) transferred under this Scheme will, at the time of transfer of them to Bidder, vest in Bidder free from all: (i) mortgages, charges, liens, encumbrances, pledges, security interests (including any 'security interests' within the meaning of section 12 of the Personal Property Securities Act 2009 (Cth)) and interests of third parties of any kind, whether legal or otherwise; and (ii) restrictions on transfer of any kind. (b) On the provision of the Scheme Consideration in the manner contemplated by clause 5, Bidder will be beneficially entitled to the Scheme Shares to be transferred to it under this Scheme pending registration by APD DuluxGroup of Bidder in the Security Share Register as the holder of the Scheme Shares. Bidder's entitlement to be registered in the Security Share Register as the holder of the Scheme Shares arises on the Implementation Date in accordance with clause 4.2.