Permitted Disposal of Shares. Each Shareholder may only Dispose part or all of its Shares A, and the State may only Dispose part or all of its Shares B, if: (a) the transferee meets the requirements listed in article [5] of the Articles of Association, or the Shares are still held in accordance with the requirements referred to in this subparagraph (a); and (b) the General Meeting approves such Disposal in accordance with the Articles of Association.
Appears in 4 contracts
Samples: Joint Venture Agreement, Joint Venture Agreement, Joint Venture Agreement
Permitted Disposal of Shares. β Each Shareholder may only Dispose part or all of its Shares A, and the State may only Dispose part or all of its Shares B, if:
(a) the transferee meets the requirements listed in article [5] of the Articles of Association, or the Shares are still held in accordance with the requirements referred to in this subparagraph (a); and
(b) the General Meeting approves such Disposal in accordance with the Articles of Association.
Appears in 1 contract
Samples: Joint Venture Agreement
