Transfer of Profits. 2.1 The Subsidiary undertakes to transfer its entire profits to Siemens AG in accordance with the provisions of Section 301 of the German Stock Corporation Act (AktG), as amended from time to time.
Appears in 5 contracts
Samples: Transfer Agreement, assets.new.siemens.com, assets.new.siemens.com
Transfer of Profits. 2.1 1.1 The Subsidiary undertakes to transfer its entire profits to Siemens AG in accordance AG. Besides and with precedence over the provisions of Section Articles 1.2 and 1.3 of the Agree- ment, § 301 of the German Stock Corporation Act (AktG), in its mutatis mutandis application and as amended from time to time, shall be used to determine the transferable amount.
Appears in 1 contract
Samples: assets.new.siemens.com
Transfer of Profits. 2.1 1.1 The Subsidiary undertakes to transfer its entire profits to Siemens AG in accordance AG. Besides and with precedence over the provisions of Section Articles 1.2 and 1.3 of the Agreement, § 301 of the German Stock Corporation Act (AktG), in its mutatis mutandis application and as amended from time to time, shall be used to determine the transferable amount.
Appears in 1 contract
Samples: Profit and Loss Transfer Agreement
