ISSUER'S CORPORATE PURPOSE Clause Samples
ISSUER'S CORPORATE PURPOSE. According to the heading and subsections I to VII of the single paragraph of article 2 of the Issuer's by-laws, the corporate functions of the Issuer are: (i) the providing of telecommunications services and activities necessary or useful to the performing of these services, in compliance with the concessions, authorization and permission so conceded; (ii) investment in the capital of other companies, with a view to fulfilling Brazilian national telecommunications policy; (iii) the setting up of fully owned subsidiaries for the performance of activities covered by its corporate functions, which are recommended to have decentralized administration; (iv) importing the goods and services necessary to the performing of the activities covered by its corporate functions; (v) providing technical support to telecommunications companies that are performing activities of common interest;
ISSUER'S CORPORATE PURPOSE. 3.1.1. The Issuer's corporate purpose, under the terms of Article 3 of its Bylaws, activities related to the agro-industrial chain, namely: a) Industrial and commercial exploitation, including import and export of cellulose, wood pulp, paper, cardboard and the like, their by-products and derivatives, packaging for any purpose, wood products in all their forms, forestry and agricultural products, including seeds, machinery and raw materials; b) Forestry and agriculture, including afforestation and reforestation by any of the modalities encouraged by legal provision, including the raising of resources from third parties; c) Mining, including research and mining of ores, their industrialization and trade; d) The technology and services related to the corporate purpose; e) Transport, fuel and lubricant supply stations, generation and commercialization of energy, as well as other ancillary activities that their nature as an integrated industry makes necessary; and f) Participation in other companies.
ISSUER'S CORPORATE PURPOSE. 3.1.1 According to article 2 of its Bylaws, the Issuer’s main corporate purpose is the sale of manufactured, semi-manufactured or “in natura” products, whether national or foreign, of any and all kind and species, nature or quality, provided that not prohibited by law, as well as the other activities listed in said Bylaws.