AG LTDA Sample Clauses

AG LTDA and its Affiliates (including the Company) may only purchase shares or rights to subscription of shares (or securities convertible into shares) issued by Telemar Participações by means of AG. However, if Portugal Telecom exercises its right to submit opposition to the purchase pursuant to the terms set forth herein, the shares or rights to subscription of shares (or securities convertible into shares) issued by Telemar Participações may be purchased by AG LTDA. or by any of its Affiliates (except for the Company and AG), in which case it shall assign to AG LTDA. or to its Affiliates (provided that the provisions set forth in Section 8.22 of the General Shareholders Agreement are complied with), in a non-burdensome way, the rights that allow it to purchase the shares or rights to subscription of shares issued by Telemar Participações. If it is not possible for any reason to make an assignment during the period of exercise of the preemptive right, AG, with the funds supplied by AG LTDA., shall make the acquisition of shares or rights to the subscription of shares (or securities convertible into shares) issued by Telemar Participações, immediately assigning them to it after the purchase to AG LTDA., free of any kind of burden to the Company and to AG.
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AG LTDA ratifies hereby for due purposes, as if it had wholly been transcribed herein, the representations and warranties given to Portugal Telecom under the Transaction Agreements, especially, but without limitation, the representations regarding the Title to the Affected Shares, Capitalization of the Company and Equity Interests held by the Company.
AG LTDA shall have Preemptive Right regarding the acquisition of all Affected Shares issued by the Company and the Subscription Rights assigned to said Affected Shares pertaining to Portugal Telecom; and
AG LTDA may request at any time that Portugal Telecom send the complete list of its shareholders entitled to vote, in a position prior to the date of request.
AG LTDA may not create usufruct, and it may also not execute other shareholders agreements which have its Affected Shares as subject matter, being however entitled to grant the right to participate in the receipt of dividends on the Affected Shares to financial institutions of any kind.

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