Common use of Waiver of PT Finance, PT Holding, CorpCo and Oi Clause in Contracts

Waiver of PT Finance, PT Holding, CorpCo and Oi. Subject to the Closing and notwithstanding the provisions of Clause 8.4, PT Finance, PT Holding, CorpCo and Oi expressly and definitively waive any right to suit, claim, annulment, specific performance, of giving, doing or not doing, redress or indemnification (with the express and exclusive exception of the right of recourse against PT SGPS under the terms of Clause 5.2.1 below), before any jurisdiction, arbitral tribunal or in the context of any other proceeding, by reason of any acts, facts, omissions or matters relating exclusively to the making of the financial investments in the Securities and of their contribution to Oi’s share capital, as well as by reason of representations, warranties, information or omissions of information (or, generally, relating to the adequacy and completeness of the information disclosed), relating specifically to the Securities, their situation and the risks involved.

Appears in 6 contracts

Samples: Exchange Agreement (Portugal Telecom SGPS Sa), Telemar Participacoes S.A., Oi S.A.

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.