Company Growth Principles. (a) The Shareholders agree that the Company shall be the vehicle used for the development of all the Wireless Business of the Groups in Brazil. Consequently, the Shareholders undertake to contribute or to procure that the relevant members of their respective Group transfer to the Company, and to procure that the Company acquires, their Wireless Properties and any Interest in a New Acquisition acquired directly by either Group, on the terms and conditions set forth in this Agreement and in the Subscription Agreement.
Appears in 6 contracts
Samples: Shareholders Agreement (Portugal Telecom SGPS Sa), Shareholders Agreement (Telefonica Mobile Inc), Shareholders Agreement (Telefonica S A)
Company Growth Principles. (a) The Shareholders agree that the Company shall be the vehicle used for the development of all the Wireless Business of the Groups in Brazil. Consequently, the Shareholders undertake to contribute or to procure that the relevant members of their respective Group transfer to the Company, and to procure that the Company acquires, acquires their Wireless Properties and any Interest in a New Acquisition acquired directly by either Group, on the terms and conditions set forth in this Agreement and in the Subscription Agreement.
Appears in 1 contract