Common use of Transfer of Nova OpCo Shares Clause in Contracts

Transfer of Nova OpCo Shares. 4.2.1 In giving effect to the Nova OpCo Contribution, Dutch HoldCo hereby transfers the Nova OpCo Shares to the Company and the Company accepts the same from Dutch HoldCo. Dutch HoldCo and the Company hereby undertake to comply with any formalities required under Brazilian law to perfect the present transfer, including the registration of the transfer of the relevant Nova OpCo Shares in Nova OpCo’s corporate books and with the Central Bank of Brazil, as soon as practical but in any event no later than three (3) days following the execution of the Deed of Issue.

Appears in 3 contracts

Samples: Framework and Ipo Agreement (Brazilian Distribution Co Companhia Brasileira De Distr CBD), Contribution Agreement (Cnova N.V.), Contribution Agreement (Cnova N.V.)

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Transfer of Nova OpCo Shares. 4.2.1 In giving effect to the Nova OpCo Contribution, Dutch HoldCo hereby transfers the Nova OpCo Shares to the Company and the Company accepts the same from Dutch HoldCo. Dutch HoldCo and the Company hereby undertake to comply with any formalities required under Brazilian law to perfect the present transfer, including the registration of the transfer of the relevant Nova OpCo Shares in Nova OpCo’s corporate books and with the Central Bank of Brazil, as soon as practical but in any event no later than three (3) days following the execution of the Deed of Issue.

Appears in 1 contract

Samples: Framework and Ipo Agreement (Cnova N.V.)

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