Common use of Due date and interest Clause in Contracts

Due date and interest. (1) The entitlement to profit pursuant to § 2 or, as the case may be, the entitlement to compensation for a net loss pursuant to § 3 is due on the day after the last day of the controlled company's fiscal year to which the respective entitlement pertains.

Appears in 3 contracts

Samples: www.porsche-se.com, www.porsche-se.com, www.porsche-se.com

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Due date and interest. (1) The entitlement to the transfer of profit pursuant to § 2 or, as the case may be, the entitlement to compensation for a net loss for the year pursuant to § 3 is due on at the day after end of the last day of the controlled company's Controlled Company’s fiscal year to which the respective relevant entitlement pertains.

Appears in 2 contracts

Samples: www.porsche-se.com, www.porsche-se.com

Due date and interest. (1) The entitlement to profit pursuant to § 2 or, as the case may be, the entitlement to compensation for a net loss pursuant to § 3 is due on the day after the last day of the controlled company's POB’s fiscal year to which the respective entitlement pertains.

Appears in 1 contract

Samples: Transfer Agreement

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Due date and interest. (1) The entitlement to profit pursuant to § 2 or, as the case may be, the entitlement to compensation for a net loss pursuant to § 3 is due on the day after the last day of the controlled company's PZV’s fiscal year to which the respective entitlement pertains.

Appears in 1 contract

Samples: www.porsche-se.com

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