Examples of Brazilian Corporations Law in a sentence
As set forth in articles 252, §2 and 137, §1 of the Brazilian Corporations Law, the withdrawal right shall be granted to the AES Brasil’s shareholders that have not voted in favor of the Transaction, that have voted or that have not attended to the AES GSM that approved the Transaction, and that have expressly informed the intention to exercise the withdrawal right.
This Agreement and the letter agreements attached hereto as Exhibit 2.7.5 and 2.7.6(a) shall be filed at the registered offices of AES Brasil, Auren and NewCo and, as applicable, in the respective registration books of registered shares and certificates issued by the respective bookkeeping agents, as applicable, in the form and for the purposes of the provisions of Article 118 of the Brazilian Corporations Law.
The payment of the reimbursement of the shares shall be calculated based on the book value of AES Brasil, under the terms of Article 45 of the Brazilian Corporations Law, and shall be conditioned upon the completion of the Transaction, as set forth in Article 230 of the Brazilian Corporations Law.
The shareholders dissenting from certain resolutions taken by the general meeting may withdraw from NewCo, by reimbursing the value of their shares, based on the book value, under the terms of Article 45 of the Brazilian Corporations Law, provided that any of the events set forth in items I to VI and IX of Article 136 of the Brazilian Corporations Law have occurred.