ADDITIONAL OBLIGATIONS OF THE ISSUER. 5.1. The Issuer is required: a) whenever reasonably requested, within five (5) business days as from the date of request, to provide any relevant information to the Debentureholders, including but not limited to information about its financial performance; b) to provide the Debentureholders, after the end of each fiscal year, until the date of expiration of the legally established term, with a copy of its complete and consolidated financial statements relating to the fiscal year then ended, prepared in accordance with the generally accepted accounting principles in Brazil, together with the opinion of the independent auditors; c) to provide the Debentureholders: (i) immediately, with any information relevant for this Issue that may be requested to it or which it may become aware of; and (ii) any and all documents, data and information reasonably requested in writing by the Debentureholders in relation to the business and operations of the Issuer; d) to notify the Debentureholders of any act or fact that might cause a serious threat, interruption or suspension of the Issuer’s activities, immediately after it becomes aware of any such act or fact. e) not to modify its capital stock and/or the number and type of shares into which such capital stock is divided, except as provided for by this Deed; f) not to distribute any dividends and/or interest on shareholders’ equity; and g) to conduct its business and operations in the normal course.
Appears in 2 contracts
Samples: Debenture Subscription Agreement (Portugal Telecom SGPS Sa), Debenture Subscription Agreement (Portugal Telecom SGPS Sa)
ADDITIONAL OBLIGATIONS OF THE ISSUER. 5.1. The Issuer is required:
a) whenever reasonably requested, within five (5) business days as from the date of request, to provide any relevant information to the DebentureholdersDebentureholder, including but not limited to information about its financial performance;
b) to provide the Debentureholders, after the end of each fiscal year, until the date of expiration of the legally established term, with a copy of its complete and consolidated financial statements relating to the fiscal year then ended, prepared in accordance with the generally accepted accounting principles in Brazil, together with the opinion of the independent auditors;
c) to provide the Debentureholders:
(i) immediately, with any information relevant for this Issue that may be requested to it or which it may become aware of; and
(ii) any and all documents, data and information reasonably requested in writing by the Debentureholders in relation to the business and operations of the Issuer;
d) to notify the Debentureholders of any act or fact that might cause a serious threat, interruption or suspension of the Issuer’s activities, immediately after it becomes aware of any such act or fact.
e) not to modify its capital stock and/or the number and type of shares into which such capital stock is divided, except as provided for by this DeedDeed and by the Subscription Agreement;
f) not to distribute any dividends and/or interest on shareholders’ equity; and
g) to conduct its business and operations in the normal course.
Appears in 1 contract
Samples: Debenture Subscription Agreement (Portugal Telecom SGPS Sa)
ADDITIONAL OBLIGATIONS OF THE ISSUER. 5.1. The Issuer is required:
a) whenever reasonably requested, within five (5) business days as from the date of request, to provide any relevant information to the DebentureholdersDebentureholder, including but not limited to information about its financial performance;
b) to provide the DebentureholdersDebentureholder, after the end of each fiscal year, until the date of expiration of the legally established term, with a copy of its complete and consolidated financial statements relating to the fiscal year then ended, prepared in accordance with the generally accepted accounting principles in Brazil, together with the opinion of the independent auditors;
c) to provide the DebentureholdersDebentureholder:
(i) immediately, with any information relevant for this Issue that may be requested to it or which it may become aware of; and
(ii) any and all documents, data and information reasonably requested in writing by the Debentureholders Debentureholder in relation to the business and operations of the Issuer;
d) to notify the Debentureholders Debentureholder of any act or fact that might cause a serious threat, interruption or suspension of the Issuer’s activities, immediately after it becomes aware of any such act or fact.
e) not to modify its capital stock and/or the number and type of shares into which such capital stock is divided, except as provided for by this Deed;
f) not to distribute any dividends and/or interest on shareholders’ equity; and
g) to conduct its business and operations in the normal course.
Appears in 1 contract
Samples: Debenture Subscription Agreement (Portugal Telecom SGPS Sa)
ADDITIONAL OBLIGATIONS OF THE ISSUER. 5.1. The Issuer is required:
a) whenever reasonably requested, within five (5) business days as from the date of request, to provide any relevant information to the DebentureholdersDebentureholder, including but not limited to information about its financial performance;
b) to provide the DebentureholdersDebentureholder, after the end of each fiscal year, until the date of expiration of the legally established term, with a copy of its complete and consolidated financial statements relating to the fiscal year then ended, prepared in accordance with the generally accepted accounting principles in Brazil, together with the opinion of the independent auditors;
c) to provide the DebentureholdersDebentureholder:
(i) immediately, with any information relevant for this Issue that may be requested to it or which it may become aware of; and
(ii) any and all documents, data and information reasonably requested in writing by the Debentureholders in relation to the business and operations of the Issuer;
d) to notify the Debentureholders Debentureholder of any act or fact that might cause a serious threat, interruption or suspension of the Issuer’s activities, immediately after it becomes aware of any such act or fact.
e) not to modify its capital stock and/or the number and type of shares into which such capital stock is divided, except as provided for by this Deed;
f) not to distribute any dividends and/or interest on shareholders’ equity; and
g) to conduct its business and operations in the normal course.
Appears in 1 contract
Samples: Debenture Subscription Agreement (Portugal Telecom SGPS Sa)
ADDITIONAL OBLIGATIONS OF THE ISSUER. 5.1. The Issuer is required:
a) whenever reasonably requested, within five (5) business days as from the date of request, to provide any relevant information to the Debentureholders, including but not limited to information about its financial performance;
b) to provide the DebentureholdersDebentureholder, after the end of each fiscal year, until the date of expiration of the legally established term, with a copy of its complete and consolidated financial statements relating to the fiscal year then ended, prepared in accordance with the generally accepted accounting principles in Brazil, together with the opinion of the independent auditors;
c) to provide the Debentureholders:
(i) immediately, with any information relevant for this Issue that may be requested to it or which it may become aware of; and
(ii) any and all documents, data and information reasonably requested in writing by the Debentureholders in relation to the business and operations of the Issuer;
d) to notify the Debentureholders of any act or fact that might cause a serious threat, interruption or suspension of the Issuer’s activities, immediately after it becomes aware of any such act or fact.
e) not to modify its capital stock and/or the number and type of shares into which such capital stock is divided, except as provided for by this Deed;
f) not to distribute any dividends and/or interest on shareholders’ equity; and
g) to conduct its business and operations in the normal course.
Appears in 1 contract
Samples: Debenture Subscription Agreement (Portugal Telecom SGPS Sa)