Presentation of the Beneficiary Company Sample Clauses

Presentation of the Beneficiary Company. The Beneficiary Company is a simplified limited liability company with a sole shareholder, registered with the Registry of Trade and Companies of Nanterre under No. 330 956 871, with the Contributing Company as its sole shareholder. By way of a decision of its Sole Shareholder dated 18 July 2016, the Beneficiary Company, which used to be known as "Compagnie d’Etude et de Recherche pour l’Energie – CERE", took the corporate name of "New Areva Holding". The Beneficiary Company shall be transformed into a limited liability company by the Completion Date, at the latest. As at the date of this Contribution Agreement, its share capital is 247,500,000 Euro, divided into 16,500,000 fully paid-up shares, of a nominal value of 15 Euro each. Its registered office is at 1 Place Xxxx Xxxxxxx – Tour AREVA – 92400 Courbevoie. The sole shareholder of the Beneficiary Company intends to carry out a share capital reduction for reasons other than losses, on the completion of which the share capital of the Beneficiary company will be reduced from 247,500,000 Euro to 8,250,000 Euro, by the reduction of the nominal value of the shares of the Beneficiary Company from 15 (fifteen) Euro to 0.50 Euro per share. The difference between these amounts, i.e. 14.50 Euro per share and 239,250,000 Euro in total, shall be applied to the issue premium account. The Beneficiary Company was incorporated on 6 November 1984 for a term expiring on 6 November 2083, unless extended or dissolved earlier. The Beneficiary Company is subject to the provisions of the Commercial Code relating to commercial companies, Decree No. 83-1116 of 21 December 1983 relating to AREVA and the provisions of its articles of association. The Beneficiary Company is a holding company and manages its portfolio of investment securities. In this respect, it holds the series of bonds issued by the Contributing Company which are due to mature in 2016 and 2017. As at 31 December 2015, it notably held 35,000 shares representing 35% of the share capital of Ian Group (a limited liability company incorporated under the laws of Switzerland, the purpose of which is to offer, through technical assistance services, external resources for the development and/or realisation of projects in the nuclear energy sector), one share in AREVA Representaçào RJ Ltda, two shares in AREVA TA and 2,494 shares in AREVA Développement Economique Local et Finance. The Beneficiary Company is also party to a current account agreement with the Contributing C...
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Related to Presentation of the Beneficiary Company

  • PRESENTATION OF CLAIMS Presentation and processing of any or all claims arising out of or related to this Agreement shall be made in accordance with the provisions contained in Chapter 1.05 of the Santa Xxxx County Code, which by this reference is incorporated herein.

  • Right to Union Representation A. An employee shall have the right to Union representation if requested by the employee, only as provided below. There will be no exceptions to this rule.

  • Union and Employer Representation No employee or group of employees shall undertake to represent the Union at meetings with the Employer without the proper authorization of the Union. To implement this the Union shall supply the Employer with the names of its officers and similarly, the Employer shall supply the Union with a list of its supervisory or other personnel with whom the Union may be required to transact business.

  • No representation, partnership or agency The Parties shall not be entitled to act or to make legally binding declarations on behalf of any other Party. Nothing in this Consortium Agreement shall be deemed to constitute a joint venture, agency, partnership, interest grouping or any other kind of formal business grouping or entity between the Parties.

  • Appointment of Co-Trustee or Separate Trustee Notwithstanding any other provisions of this Agreement, at any time, for the purpose of meeting any legal requirements of any jurisdiction in which any part of the Trust Fund or property securing any Mortgage Note may at the time be located, the Master Servicer and the Trustee acting jointly shall have the power and shall execute and deliver all instruments to appoint one or more Persons approved by the Trustee to act as co-trustee or co-trustees jointly with the Trustee, or separate trustee or separate trustees, of all or any part of the Trust Fund, and to vest in such Person or Persons, in such capacity and for the benefit of the Certificateholders, such title to the Trust Fund or any part thereof, whichever is applicable, and, subject to the other provisions of this Section 8.10, such powers, duties, obligations, rights and trusts as the Master Servicer and the Trustee may consider necessary or desirable. If the Master Servicer shall not have joined in such appointment within 15 days after the receipt by it of a request to do so, or in the case an Event of Default shall have occurred and be continuing, the Trustee alone shall have the power to make such appointment. No co-trustee or separate trustee hereunder shall be required to meet the terms of eligibility as a successor trustee under Section 8.06 and no notice to Certificateholders of the appointment of any co-trustee or separate trustee shall be required under Section 8.08. Every separate trustee and co-trustee shall, to the extent permitted by law, be appointed and act subject to the following provisions and conditions:

  • Appointment of Representative (a) Selection Upon the occurrence of an Event of Default, a single representative shall be appointed to represent all of the Holders (the “Representative”). The Representative (i) may, but need not, be a Holder; (ii) shall not be affiliated with or related to the Company; and (iii) shall be selected by the Holders as follows:

  • ARTICLE UNION REPRESENTATION a) The Employer agrees to recognize a committee of five employees consisting of the President of the local, two (2) part time employees, and two (2) full time employees to negotiate amendments or renewals to this agreement, The Employer agrees to recognize elected Union stewards to assist employees in the presentation of any grievance that properly arises under the provisions of this agreement. The Union agrees to provide the Employer with lists of these stewards and any changes to this list as necessary. The Employer shall recognize up to four (4) employees plus the president of Local to act as Union representatives to the full-time and part-time Employee Relations Committee. It is understood that the committee shall meet periodically at the request of either party. Employees serving on the Employee Relations Committee or any Committee established to address issues of joint concern shall be paid at their regular rate of pay up to or hours per pay period or lieu time in excess of this (as per article a) and for time spent attending the Employee Relations Committee meetings. Part time employees will be paid at least the minimum shift at straight time Employees serving on the Union's Negotiating Committee shall be paid for lost time from his normal straight time working hours at his regular rate of pay, in direct contract negotiations, up to the point of arbitration, for renewal of this Collective Agreement. Upon reference to arbitration, the Negotiating Committee members shall receive unpaid time off with no loss of credits or benefits for the purpose of attending Arbitration Hearings. The Union shall advise the Employer, in writing, the names of its committee. The Employer shall not be obliged to recognize committee members until such time as written notice has been received. The Area Representative may attend meetings at the invitation of the local Union. A representative from may assist in negotiations.

  • Communication from Issuer Unless otherwise provided herein, any order, certificate, notice, request, direction or other communication from Issuer made or given by it under any provisions of this Agreement shall be deemed sufficient if signed by an Authorized Officer of Issuer.

  • Appointment of Representatives 6.01 The Employer acknowledges the right of the Union to appoint employees as Representatives of the Union.

  • Contractor Designation of Trade Secrets or Otherwise Confidential Information If the Contractor considers any portion of materials to be trade secret under section 688.002 or 812.081, F.S., or otherwise confidential under Florida or federal law, the Contractor must clearly designate that portion of the materials as trade secret or otherwise confidential when submitted to the Department. The Contractor will be responsible for responding to and resolving all claims for access to Contract-related materials it has designated trade secret or otherwise confidential.

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