Transfer of profit. (1) The subsidiary is obliged to transfer its entire profits to Deutsche Telekom AG during the term of the agreement. In corresponding application of § 301 AktG, the profit is deemed to be the net income, reduced by any loss carried forward from the previous year, that would have occurred under the relevant commercial law without the profit transfer.
Transfer of profit. (1) The Controlled Company undertakes to transfer its entire profits to the Controlling Company. The provisions of the prevailing version of Section 301 AktG shall apply accordingly and the maximum amount specified therein, subject to the creation or release of reserves in accordance with (2) below, shall be transferred.
Transfer of profit. 2.1 Vantage Towers undertakes to transfer its entire annual profit (Gewinnabführung) to Oak Holdings. Subject to establishing or dissolving reserves in accordance with Clause 2.2 and Clause 2.3 of this Agreement below, the maximum amount of profit as established according to the provisions of section 301 AktG in its respective applicable version shall be transferred to Oak Holdings.
Transfer of profit. (1) ZFE undertakes to transfer its entire annual profit (Gewinnabführung) to Zalando. Subject to the formation and dissolution of reserves pursuant to § 4 (1) of this Agreement, the annual profit generated without the transfer of profit, less any losses carried forward from the precedent year, the amount blocked from distribution pursuant to Section 268 (8) HGB and any appropriations to the reserves pursuant to § 4 (1), and plus any amounts withdrawn from the retained earnings pursuant to § 4 (1), shall be transferred.
Transfer of profit. 2.1 The Subsidiary Company shall transfer its whole profit to Instone Real Estate Group AG in accordance with section 301 German Stock Corporation Act (AktG), as amended.
Transfer of profit. 2.1 OSRAM undertakes to transfer its entire annual profit (Gewinnabführung) to ams Offer. Subject to establishing or dissolving reserves in accordance with Clause 2.2 of this Agreement below, the maximum amount permissible under section 301 German Stock Corporations Act (Aktiengesetz – “AktG”), as amended from time to time, shall be transferred.
Transfer of profit. (1) Celesio undertakes to transfer its entire annual profit (Gewinnabführung) to Dragonfly. Subject to establishing or dissolving reserves in accordance with Clause 2 para 2 of this Agreement below, the maximum amount permissible under section 301 German Stock Corporation Act (Aktiengesetz – "AktG"), as amended from time to time, shall be transferred.
Transfer of profit. (1) Metrigo undertakes to transfer its entire annual profit (Gewinnabführung) to Zalando. Subject to the formation and dissolution of reserves pursuant to § 4 (1) of this Agreement, the annual profit generated without the transfer of profit, less any losses carried forward from the precedent year, the amount blocked from distribution pursuant to § 268 (8) of the German Commercial Code (HGB) and any appropriations to the reserves pursuant to § 4 (1), and plus any amounts withdrawn from the retained earnings pursuant to § 4 (1), shall be transferred.
Transfer of profit. (1) zLabels undertakes to transfer its entire annual profit (Gewinnabführung) to Zalando. Subject to the formation and dissolution of reserves pursuant to § 4 (1) of this Agree- ment, the annual profit generated without the transfer of profit, less any losses carried forward from the precedent year, the amount blocked from distribution pursuant to § 268 (8) of the German Commercial Code (Handelsgesetzbuch – HGB) and any ap- propriations to the reserves pursuant to § 4 (1) of this Agreement, and plus any amounts withdrawn from the retained earnings pursuant to § 4 (1) of this Agreement, shall be transferred.
Transfer of profit. 1.1 The Controlled Entity shall transfer its entire profits to the Controlling Entity during the term of this Agreement, and pursuant to section 301 of the German Stock Corporation Act (Aktiengesetz, “AktG”), as amended from time to time, this amount shall be a maximum of the annual net income accruing without the profits being transferred, - less any loss carried forward from the previous year and allocations to profit reserves in accordance with clause 1.2 below, and - plus any amounts withdrawn from profit reserves in accordance with clause 1.2 below, and - less the amount that must not be distributed pursuant to section 268(8) of the German Commercial Code (Handelsgesetzbuch, “HGB”).
