Examples of French Contribution Agreement in a sentence
The French Contribution Agreement provides that the French Contributing Company waives its fractional share rights (droits formant rompus), if any.
In the French Contribution Agreement, the French Contributing Company and the Company expressly declare that the French Contribution shall be subject to the provisions of Articles L.
On the date of the French Contribution Agreement, the Siemens Target Business is not held by a separate sub-group within the Siemens Group but by Siemens AG and various legal entities within the Siemens Group.
Pursuant to the terms of the French Contribution Agreement between Seller and French Co., Seller may be required to make an additional contribution in cash to French Co. If a cash contribution by the French Seller is required, Purchaser will reimburse the amount of such contribution to the French Seller.
The Alstom Consideration Shares will be issued with immediate dividend rights and will entitle their holders to all distributions paid as from their date of issuance, it being understood that Alstom Consideration Shares will not give right to the Distribution A2 and/or Distribution B3 mentioned in Schedule 10.1(C) to the French Contribution Agreement.
Based on the FrenchCo Estimated Proforma Accounts and the principles set out in Schedule 8.2(A) ter to the French Contribution Agreement, the estimated valuation of the French Contribution as of the execution date of the French Contribution Agreement is two hundred thirty one million one hundred forty one thousand eight hundred sixteen (231,141,816) euros, corresponding to 100% of the shares of Siemens Mobility SAS.
In the event that MDLZ accepts the French Offer in accordance with the terms of the French Offer Letter and the French Contribution Agreement is executed by the parties, the provisions of schedule 17 shall apply to this Agreement.
The Consideration has been contractually set by the Parties and determined consistently with the valuations used for the Company and the Siemens Target Business, which are based on the multi- criteria method described in Schedule 8.3(B) to the French Contribution Agreement.
An indication of the estimate of the fair market value of the Contributed Shares may be based on the estimated unaudited proforma accounts of the French Contributing Company as of September 30, 2017 set out in Schedule 8.2(A) to the French Contribution Agreement, assuming in particular that the completion of the Siemens Target Business Carve-Out has occurred in accordance with the Business Combination Agreement, as of the Determination Date (the “FrenchCo Estimated Proforma Accounts”).
As per the French Contribution Agreement and this Contribution Agreement, Siemens Group will contribute 100% of the shares of its Contributions to Alstom, in exchange for (i) 227,314,658 new ordinary Alstom Shares and (ii) 18,942,888 Warrants to be issued by Alstom.