Common use of Holdco Reorganization Clause in Contracts

Holdco Reorganization. After the Company Share Exchange and prior to the Merger, Holdco shall effectuate the Holdco Reorganization whereby Holdco shall (i) change its legal form from a private company with limited liability (besloten vennootschap met beperkte aansprakelijkheid) to a public limited liability company (naamloze vennootschap) and (ii) amend and restate its Articles of Association in a form to be mutually agreed among the Company, Parent and CCTS, which, as so amended and restated, shall be the Articles of Association of Holdco until thereafter amended in accordance with the terms thereof and applicable Law.

Appears in 3 contracts

Samples: Business Combination Agreement (VivoPower International PLC), Business Combination Agreement (Cactus Acquisition Corp. 1 LTD), Business Combination Agreement (Cactus Acquisition Corp. 1 LTD)

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Holdco Reorganization. After the Company Share Exchange execution of this Agreement and prior to the MergerMerger Effective Time, Holdco shall effectuate the Holdco Reorganization whereby Holdco shall (i) change its legal form from a private company with limited liability (besloten vennootschap met beperkte aansprakelijkheid) to a public limited liability company (naamloze vennootschap) and (ii) amend and restate its Articles of Association Governing Documents substantially in a the form to be mutually agreed among the Companyset forth on Exhibit B, Parent and CCTS, whichand, as so amended and restated, shall be the Articles of Association Governing Documents of Holdco until thereafter amended in accordance with the terms thereof and applicable Law.

Appears in 1 contract

Samples: Business Combination Agreement (Qell Acquisition Corp)

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