Examples of Belgian Code of Companies and Associations in a sentence
It is subject to the rules applicable to listed public limited liability companies under the Belgian Code of Companies and Associations (the Code).
If a Beneficiary is not a member of the personnel (within the meaning of article 1:27 of the Belgian Code of Companies and Associations) of the Company or any of its Subsidiaries on the date of the Deed of Issuance, the Beneficiary shall be deemed to have refused the Offer and the Subscription Rights offered to such Beneficiary shall not be issued.
Proposed resolution: The general shareholders’ meeting resolves to approve the proposal of voluntary dissolution set out in the special report of the Board of Directors, prepared in accordance with Article 2:71, §2, first paragraph of the Belgian Code of Companies and Associations, to therefore dissolve and liquidate the Company with immediate effect as a result of which the current financial year is closed on the same date.
In order to implement the decisions taken by the extraordinary general shareholders’ meeting of 9 December 2019 in the framework of the application of the alarm bell procedure in accordance with article 633 of the former Belgian Companies Code, the Board of Directors proposes, in application of Article 2:71 of the Belgian Code of Companies and Associations, to deliberate and resolve upon the voluntary dissolution and liquidation of the Company.
The Subscription Rights under this Plan are reserved for and granted to Employees and Managers who are all members of the personnel as defined in article 1:27 of the Belgian Code of Companies and Associations.
The rights and obligations specified in the Contract may under no circumstances be transferred, either wholly or in part, without the prior written permission of the other Party (except for transfers to undertakings affiliated to Xxxx in the sense of article 1:20 of the Belgian Code of Companies and Associations for which no such permission shall be required).
In accordance with article 32 of the articles of association and article 7:134 of the Belgian Code of Companies and Associations, the shareholders have to fulfil the following requirements in order to be admitted to the shareholders’ meeting and to exercise their right to vote at the meeting in person or by proxy (card).
Such proxies must be given in accordance with the applicable legislation or as set forth (in accordance with the applicable legislation) in the notice convening the meeting.The holders of a proxy must comply with the provisions of the Belgian Code of Companies and Associations in relation to the proxies for general shareholders' meetings.The board of directors may determine the draft text of the powers of attorney.
The current composition of the Audit Committee complies with the Belgian Code of Companies and Associations.
Any director with a conflicting financial interest (as contemplated by article 7:96 of the Belgian Code of Companies and Associations) on any matter before the Board of Directors must bring it to the attention of both the statutory auditor and fellow directors, and take no part in any deliberations or voting related thereto.