Transfer of Profits. 2.1 Subject to the creation and release of reserves pursuant to clause 2.2, the Con- trolled Company shall transfer its entire profit arising during the term of the Agreement without the transfer of profit to the Controlling Company. Sec. 301 of the German Stock Corporation Act (Aktiengesetz - AktG) as amended from time to time shall apply to the transfer of profits.
Appears in 7 contracts
Samples: Domination and Profit and Loss Transfer Agreement, Domination and Profit and Loss Transfer Agreement, Domination and Profit and Loss Transfer Agreement