Common use of Sale of shareholding Clause in Contracts

Sale of shareholding. and amendments to articles of incorporation 4.1 Until the Capital Increase the Shareholders must give 30 days’ notice to B4iFund of any sale of shareholding in the Target Company. 4.2 In any event, the sale of shareholding shall be subject to the amendment to the Target Company’s articles of incorporation introducing a right of resale and a drag along right, as regulated in the Annex 2 hereto.

Appears in 3 contracts

Samples: Investment Agreement, Investment Agreement, Investment Agreement

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Sale of shareholding. and amendments to articles of incorporation 4.1 Until the Capital Increase the Shareholders must give 30 days’ notice to B4iFund of any sale of shareholding in the Target Company. 4.2 In any event, the sale of shareholding shall be subject to the amendment to the Target Company’s articles of incorporation introducing a right of resale and a drag along put right, as regulated in the Annex 2 hereto.

Appears in 1 contract

Samples: Investment Agreement

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Sale of shareholding. and amendments to articles of incorporation 4.1 Until the Capital Increase the Shareholders must give 30 days’ notice to B4iFund of any sale of shareholding in the Target Company. 4.2 In any event, the sale of shareholding shall be subject to the amendment to the Target Company’s articles of incorporation introducing a right of resale and a drag along right, as regulated in the Annex 2 annex (Attachment 2) hereto.

Appears in 1 contract

Samples: Investment Agreement

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