Common use of Conditions Precedent and Effective Date Clause in Contracts

Conditions Precedent and Effective Date. (a) The provisions of this Agreement, other than those arising under Sections 1, 13(a) and 13(c), shall be conditional upon the passing of the Related Party Transactions Resolution at the general meeting of Purchaser Parent Shareholders. (b) If the approval of the Related Party Transactions Resolution is not satisfied in accordance with clause (a) above by 31 December 2022, or if Purchaser Parent abandons the Separation Transaction (as defined in the Demerger Agreement) by providing notice of the same in writing to New Purchaser Parent and Seller Parent at any time prior to the Demerger Time, this Agreement shall automatically terminate and be of no further force and effect. (c) This Agreement shall be effective from the Demerger Time. (d) For the purposes of this Section 1:

Conditions Precedent and Effective Date. (a) The provisions of this Agreement, other than those arising under Sections 1, 13(a) and 13(c), shall be conditional upon the passing of the Related Party Transactions Resolution at the general meeting of Purchaser Parent Shareholders. (b) If the approval of the Related Party Transactions Resolution is not satisfied in accordance with clause (a) above by 31 December 2022, or if Purchaser Puchaser Parent abandons the Separation Transaction (as defined in the Demerger Agreement) by providing notice of the same in writing to New Purchaser Purchaaser Parent and Seller Parent at any time prior to the Demerger Time, this Agreement shall automatically terminate and be of no further force and effect. (c) This Agreement shall be effective from the Demerger Time. (d) For the purposes of this Section 1: