German domestic acquisition Clause Samples
The 'German domestic acquisition' clause defines the terms and conditions under which a party acquires assets, shares, or interests within Germany. This clause typically outlines the legal requirements, regulatory approvals, and compliance obligations specific to German law that must be met for the acquisition to proceed. For example, it may address notification duties to German authorities or restrictions on foreign ownership. Its core function is to ensure that the acquisition process adheres to German legal standards, thereby reducing the risk of regulatory non-compliance and facilitating a smooth transaction.
German domestic acquisition. In the case of German domestic settlement, Trade Republic provides the Customer with co-ownership of the collective custody (“Girosammel-Depotgutschrift” – hereinafter “GS-Credit”), provided that the Securities are admitted to collective safe custody at the German central securities depository (Clearstream Banking AG).