Common use of No Brazilian Domicile Clause in Contracts

No Brazilian Domicile. None of the holders of the ADSs or Offered Shares placed outside Brazil, in each case, that are not residents of Brazil, the International Underwriters or the ADS Depositary will be deemed resident, domiciled, carrying on business or subject to taxation in Brazil on an overall income basis solely by the execution, delivery, performance or enforcement of the Transaction Documents or the issuance of the Common Shares or sale or placement of the Offered Securities, as applicable, or by virtue of the ownership or transfer of ADSs or the Offered Shares or the receipt of payments pursuant to any of the Transaction Documents.

No Brazilian Domicile. None of the holders of the ADSs or Offered Shares placed outside Brazil, in each case, that are not residents of BrazilADSs, the International Underwriters or the ADS Depositary will be deemed resident, domiciled, carrying on business or subject to taxation in Brazil on an overall income basis solely by the execution, delivery, performance or enforcement of the Transaction Documents or the issuance of the Common Shares or placement or sale or placement of the Offered Securities, as applicable, Units or the ADSs or by virtue of the ownership or transfer of ADSs or the Offered Shares or the receipt of payments pursuant to on any of the Transaction Documents.

No Brazilian Domicile. None of the non-Brazilian holders of the ADSs or Offered Shares placed outside Brazil, in each case, that are not residents of BrazilADSs, the International Underwriters or the ADS Depositary will be deemed resident, domiciled, carrying on business or subject to taxation in Brazil on an overall income basis solely by the execution, delivery, performance or enforcement of the Transaction Documents or the issuance of the Common Shares issuance, offering or sale or placement of the Offered Securitiessale, as applicable, of the Securities, or by virtue of the ownership or transfer of ADSs or the Offered Shares or the receipt of payments pursuant to on any of the Transaction Documents.

No Brazilian Domicile. None of the non-Brazilian holders of the ADSs or Offered Shares placed outside Brazil, in each case, that are not residents of BrazilBrazilian Shares, the International Underwriters Banks or the ADS Depositary will be deemed resident, domiciled, carrying on business or subject to taxation in Brazil on an overall income basis solely by the execution, delivery, performance or enforcement of the Transaction Documents or the issuance of the Common Shares or placement or sale or placement of the Offered Securities, as applicable, or by virtue of the ownership or transfer of ADSs or the Offered Brazilian Shares or the receipt of payments pursuant to on any of the Transaction Documents.