Examples of Belgian Companies and Associations Code in a sentence
Notice thereof is given to the shareholders by registered letter or, for shareholders who have communicated their e-mail address to the company in accordance with the provisions of the Belgian Companies and Associations Code, by e-mail, indicating the bank account to which the payment should be made, to the exclusion of all other methods of payment, by means of wire transfer or cash deposit.
The company is therefore subject to the provisions of the Belgian Companies and Associations Code relating to listed companies.
Article Forty: Adoption of the balance sheetThe ordinary general meeting shall decide on the adoption of the balance sheet in accordance with the provisions of the Belgian Companies and Associations Code and of Title Four of these articles of association.The annual accounts must be filed with the National Bank of Belgium within thirty days of being approved by the general meeting of shareholders.
The latter may decide to pay interim dividends even before the end of the financial year in accordance with the provisions of Article 7:233 of the Belgian Companies and Associations Code.
The shareholders wish to comply fully with the Belgian Companies and Associations Code, so the provisions of this Code that these articles of association do not deviate from in the required way shall be deemed to be included in these articles of association, and any clauses that may be in conflict with the mandatory provisions of this Code shall be deemed null and void.
The account to which the issue premium will be allocated will constitute, in the same way as the Company's share capital, a guarantee for third parties, and can only be reduced in execution of a valid decision of the Company in accordance with the Belgian Companies and Associations Code.
All matters not expressly determined in these articles of association, or to the legal provisions from which is not validly derogated in these articles of association are subject to, the provisions of the Belgian Companies and Associations Code and other provisions of Belgian law.
The Company makes the relevant information accessible through its website before the general shareholders’ meeting.Shareholders who individually or jointly represent at least 3% of the share capital may, on the terms provided for in article 7:130 of the Belgian Companies and Associations Code, propose items for inclusion on the agenda of the general shareholders’ meeting.
The procedure described in Annex 4 will be applied to all business opportunities presented to the Board of Directors which could possibly lead to a conflict of interest.Any Director with a conflicting financial interest (as set forth in Article 7:96 of the Belgian Companies and Associations Code) on any matter before the Board of Directors must bring it to the attention of both the External Auditor and fellow Directors and take no part in any deliberation or voting related thereto.
In accordance with article 7:178 of the Belgian Companies and Associations Code, following the capital increase and issuance of new shares, each new and existing share shall represent the same fraction of the share capital of the Company.