Brazilian Corporations Law definition

Brazilian Corporations Law means Brazilian Law No. 6,404, dated December 15, 1976, as amended.

Brazilian Corporations Law means Law 6.404, dated December 15, 1976, as amended.

Brazilian Corporations Law means Brazilian Law No. 6,404 of December 15, 1976, as amended. · “Brazilian Civil Code” means Brazilian Law No. 10,406, of January 10, 2002, as amended. · “Brazilian Civil Procedure Code” means Brazilian Law No. 13,105 of March 16, 2015, as amended. · “Business Days” means any day on which banks are not required or authorized by law to close (i) in the City of São Paulo, State of São Paulo, Brazil, and (ii) in the City of New York, State of New York, United States of America. · “Equitization Transactions” means (i) the issuance of 100 million preferred shares to the Company’s lessors and original equipment manufacturers, (ii) the issuance of preferred shares by the Company in mandatory partial exchange for the Second Out Notes pursuant to the terms thereof, (iii) the issuance of convertible debentures by the Company that will underly the exchangeable notes to be issued in mandatory partial exchange for the First Out Notes and the Second Out Notes pursuant to the terms thereof; and (iv) the issuance of other convertible instruments or securities by the Company to the extent that such convertible instruments or securities are issued pursuant to the terms and conditions of the Convertible Debentures, the First Out Notes and the Second Out Notes or in replacement of the Convertible Debentures, the First Out Notes and the Second Out Notes. · “First Out Notes” means the 11.930% Senior Secured First Out Notes due 2028, issued by Azul Secured Finance LLP on January 28, 2025 and guaranteed by the Company and certain of its subsidiaries. · “Second Out Notes” means the (i) 11.500% Senior Secured Second Out Notes due 2029 and (ii) 10.875% Senior Secured Second Out Notes due 2030, in each case, issued by Azul Secured Finance LLP on January 28, 2025 and guaranteed by the Company and certain of its subsidiaries. 1.

Examples of Brazilian Corporations Law in a sentence

• The Committee members who are also managers of a Party shall be subject to the provisions of the Brazilian Corporations Law only in relation to their acts performed in their capacity of managers of the corresponding Party.

• None of the provisions contained in the Brazilian Corporations Law shall be applicable to them on the performance of their duties as Committee members.

• Any and all acts performed in breach of the provisions of this Agreement shall be null and void, subject to the provisions of article 118, Paragraphs 8 and 9 of the Brazilian Corporations Law.

• At the beginning of the meeting, the Chairman clarified that the minutes of the shareholders’ meeting would be recorded as a summary of the events occurred therein, and would only contain a transcription of the resolutions taken thereby, as allowed by article 130, first paragraph, of the Brazilian Corporations Law.

• The Company will be managed by an Executive Board and a Board of Directors, subject to the provisions of this Agreement and the Brazilian Corporations Law.

• The purpose of this Agreement is to establish general principles as to the relationship of the Parties as shareholders of the Company and indirect shareholders/quotaholders of the Subsidiaries, according to the terms of article 118 of the Brazilian Corporations Law, especially with regard to the stipulations, among other issues, about corporate structure, management, restrictions on transfer of shares and exercise of voting right.

• For the purposes of article 118, and its respective paragraphs, of the Brazilian Corporations Law, the Parties agree to file one executed copy of this Agreement at the Company’s headquarters.

• A., as required pursuant to Article 224 and 225 of the Brazilian Corporations Law, strictly reflecting the terms and conditions herein and those required by the Brazilian Corporations Law.

• TRIP’s Shareholders hereafter, irrevocably and irreversibly, waive (i) the protection provided for in article 264 of the Brazilian Corporations Law with respect to the Merger of Shares; and (ii) the right to withdraw to which they would be entitled in case they dissented from the Merger of Shares, pursuant to articles 252 and 137 of the Brazilian Corporations Law.

• Pursuant to Section 196 of the Brazilian Corporations Law, the amount of fourteen billion, nine hundred and seventy-two million, three hundred and twenty-three thousand, three hundred and seventy-seven reais and five cents (BRL 14.972.323.377,05) was retained based on the capital budget for the fiscal year ending on December 31, 2023, which is found in Exhibit II to this Management Proposal.

More Definitions of Brazilian Corporations Law

Brazilian Corporations Law means Brazilian Federal Law No. 6,404, dated December 15, 1976, as amended.

Brazilian Corporations Law means the Brazilian Law 6.404/76 as amended.

Brazilian Corporations Law means Brazilian law No. 6,404, of December 15, 1976, as amended;

Brazilian Corporations Law means Law 6.404, dated December 15, 1976, as amended. 1.1.2 “Brazilian Civil Code” means Law 10.406, dated January 10, 2002, as amended. 1.1.1 “Xxx xxx Sociedades por Ações” significa a Lei 6.404, datada de 15 de dezembro de 1976, e suas alterações posteriores. 1.1.2 “Código Civil Brasileiro” significa a Lei 10.406, datada de janeiro de 2002, e suas alterações posteriores.