Common use of Commitments of the Issuer Clause in Contracts

Commitments of the Issuer. In compliance with French law, the Company undertakes, so long as any ORANE remains outstanding, to refrain from: - any amortization of the corporate capital; - any modification in the distribution of profits. Nevertheless, it can create priority dividend rights shares without voting rights, provided that the rights of the Holders are reserved under the conditions outlined below.

Appears in 3 contracts

Samples: Publicis Groupe Sa, Publicis Groupe Sa, Publicis Groupe Sa

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Commitments of the Issuer. In compliance with French law, the Company undertakes, so long as any ORANE remains SW remain outstanding, to refrain from: - any amortization of the corporate registered capital; - any modification in the distribution of profits. Nevertheless, it can create priority dividend rights shares without voting rights, provided that the rights of the Holders SW holders are reserved under the conditions outlined below.

Appears in 1 contract

Samples: Publicis Groupe Sa

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