Long-Te rm Investments Luxembourg S Sample Clauses

Long-Te rm Investments Luxembourg S. A., with registered office in X-0000, Xxxxxxxxxx, 412F, route x’Xxxx, share capital, fully paid-in, equal to Euro 31,000. Long-Term Investments Luxembourg S.A. is a wholly-owned subsidiary of Long-Term Investments LLC (“ LTI LLC ”), a company incorporated under the laws of the Russian Federation, which is in turn wholly- controlled on behalf of the long-term closed-end direct investment fund “ RFR Long- Term Investments” (the “ Fund”) managed by a management company named “ RegionFinanceResurs Management Company” (the “ Management Company”). The Management Company, as trust manager of the assets of the Fund, exercises all the rights of the Fund, as sole shareholder, in LTI LLC, including the voting rights; the sole shareholder of the Management Company is Xx. Xxxxxxx Xxxxxxxxx, who is the ultimate decision-maker as sole shareholder of the same. Any reference to LTI in the Shareholders Agreement shall be deemed as a reference to LTI acting through its subsidiary LTI Holding S.r.l. (“ LTI Ita”), which, upon completion of the Restructuring of the CF Stake, shall become a class B shareholder of Newco, owning, jointly with LTI, a stake equal to 36% of the CF Stake in Newco. Percentages and number of financial instruments subject to the Shareholders Agreement. Newco Newco (that is, Xxxxx Xxxx International Italy S.p.A.) has been incorporated by SPV Lux and, as at the First Closing Date, following completion of the Initial Acquisition and of the subscription by CF of part of the share capital of Newco, the shares representing 100% of the share capital of Newco are held in the percentages indicated below: Newco Shareholders Percentage of participation in Newco (range) SPV Lux 65% CF 35% Total 100% From the date of completion of the Restructuring of the CF Stake, the shares representing 100% of the share capital of Newco shall be held – as a result of the subscription of the Additional Capital Increase by CF or CNRC, as the case may be – in the percentages indicated below: Newco Shareholders Percentage of participation in Newco post Restructuring of the CF Stake (range) SPV Lux from 65% to 50.1% CF from 22.4% to 37.3% LTI 12.6% Total 100% Holdco Holdco (that is, Xxxxx Xxxx International Holding Italy S.p.A.) has been incorporated by Newco and is entirely participated and controlled by Newco. Bidco Bidco (that is, Xxxxx Xxxx Industrial Holding S.p.A.) has been incorporated by Holdco and is entirely participated and controlled by Holdco. Pirelli The shares syndicated...
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Long-Te rm Investments Luxembourg S. A., with registered office in X-0000, Xxxxxxxxxx, 412F, route x’Xxxx, share capital, fully paid-in, equal to Euro 31,000. Long-Term Investments Luxembourg S.A. is a wholly-owned subsidiary of Long-Term Investments LLC, a company incorporated under the laws of the Russian Federation, which is in turn wholly-controlled on behalf of the long-term closed-end direct investment fund “ RFR Long- Term Investments” managed by a management company named “ RegionFinanceResurs Management Company”. Neftgarant Non-State Pension Fund, a Russian autonomous and independent institutional investor pursuing long-term investment strategies, is the sole investor of the long-term closed-end direct investment fund “ RFR Long-Term Investments”.
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Long-Te rm Investments Luxembourg S. A., with registered office in X-0000, Xxxxxxxxxx, 412F, route x’Xxxx.
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Related to Long-Te rm Investments Luxembourg S

  • Investment of Contributions At the direction of the Designated Beneficiary (or the direction of the Depositor or the Responsible Individual, whichever applies) the Custodian shall invest all contributions to the account and earnings thereon in investments acceptable to the Custodian, which may include marketable securities traded on a recognized exchange or "over the counter" (excluding any securities issued by the Custodian), covered call options, certificates of deposit, and other investments to which the Custodian consents, in such amounts as are specifically selected and specified in orders to the Custodian in such form as may be acceptable to the Custodian, without any duty to diversify and without regard to whether such property is authorized by the laws of any jurisdiction as a custodial account investment. The Custodian shall be responsible for the execution of such orders and for maintaining adequate records thereof. However, if any such orders are not received as required, or, if received, are unclear in the opinion of the Custodian, all or a portion of the contribution may be held uninvested without liability for loss of income or appreciation, and without liability for interest pending receipt of such orders or clarification, or the contribution may be returned. The Custodian may, but need not, establish programs under which cash deposits in excess of a minimum set by it will be periodically and automatically invested in interest-bearing investment funds. The Custodian shall have no duty other than to follow the written investment directions of the Designated Beneficiary (or the Depositor or Responsible Individual), and shall be under no duty to question said instructions and shall not be liable for any investment losses sustained by the Designated Beneficiary.

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