No Transfer or Encumbrance. 16.1 The Voting Depository shall not directly or indirectly sell, dispose of or transfer any Special Voting Share to any party other than to the Company, or otherwise grant any right or interest therein other than issuing DRs. 16.2 Without prejudice to Section 3:259 of the Dutch Civil Code, the Voting Depository shall not directly or indirectly create or permit to exist any pledge, lien, fixed or floating charge or other encumbrance over any Special Voting Share or any interest in any Special Voting Share.
Appears in 2 contracts
Samples: Framework and Ipo Agreement (Brazilian Distribution Co Companhia Brasileira De Distr CBD), Framework and Ipo Agreement (Cnova N.V.)
No Transfer or Encumbrance. 16.1 17.1 The Voting Depository shall not directly or indirectly sell, dispose of or transfer any Special Voting Share to any party other than to the Company, or otherwise grant any right or interest therein other than issuing DRs.
16.2 17.2 Without prejudice to Section 3:259 of the Dutch Civil Code, the Voting Depository shall not directly or indirectly create or permit to exist any pledge, lien, fixed or floating charge or other encumbrance over any Special Voting Share or any interest in any Special Voting Share.
Appears in 2 contracts
Samples: Special Voting Agreement (Cnova N.V.), Special Voting Agreement (Cnova N.V.)
