Examples of Chilean Companies Law in a sentence
Chilean Companies Law indicates that in the case of the vacancy of one or more directors, they can be appointed by the same board of directors.
Chilean Companies Law imposes restrictions and incompatibilities (such as criminal offences, etc..) to potential directors.
Section 3.2(q) of its Disclosure Letter sets forth a list of all Itaú Chile Extensions of Credit by it or any of its Subsidiaries to any of its directors, executive officers, principal shareholders and their related persons ( personas relacionadas) (as such terms are defined in the Chilean Companies Law and Chilean Securities Law, as the case may be).
Section 3.1(q) of its Disclosure Letter sets forth a list of all CorpBanca Extensions of Credit by it or any of its Subsidiaries to any of its directors, executive officers, principal shareholders and their related persons ( personas relacionadas) (as such terms are defined in the Chilean Companies Law and Chilean Securities Law, as the case may be).
Each of CorpBanca and Itaú Chile shall cause a special meeting of its board to be called and held in accordance with Chilean Companies Law and its by-laws.
Each share of Itaú Chile Common Stock that is Outstanding immediately prior to the Chilean Effective Time shall be converted into the right to receive the number of shares of CorpBanca Common Stock equal to the Chilean Exchange Ratio; provided that the Itaú Chile Common Stock Holders shall be deemed shareholders of CorpBanca upon the consummation of the Chilean Merger, pursuant to Article 66 of the Regulations of the Chilean Companies Law.
The Share Repurchase Program will be carried out in accordance with articles 27 and 27D of the Chilean Companies Law.
At the Chilean Effective Time, Itaú Chile shall merge with and into CorpBanca in accordance with the provisions of the Chilean Companies Law (the “Chilean Merger”).
The offer for sale of the repurchased shares should be carried out through a preemptive rights offer to existing shareholders of Corpbanca in accordance with articles 25 and 27 of the Chilean Companies Law, whereby shares will be offered at least once on a pro rata basis to existing shareholders.
If the título(s) are lost or destroyed, the holder of Shares should follow the procedures set forth in Article 21 of the Rules of Law 18.046 of the Chilean Companies Law and thereupon request the Shareholders’ Registry of the Company at Providencia No 111, Piso 2, Santiago Chile, F3 00000, telephone (+56) 26 91-3869 to issue substitute título(s).