Tax Efficiency. Any transfer as provided for in this Section 5 shall be made in the most tax efficient manner vis-à-vis the Company and the Non-Transferring Party, or the Group exercising the Put (as the case may be).
Appears in 7 contracts
Samples: Joint Venture Agreement (Portugal Telecom SGPS Sa), Shareholders Agreement (Telefonica Mobile Inc), Shareholders Agreement (Telefonica S A)