Italian Subsidiary definition
Examples of Italian Subsidiary in a sentence
In any event, each party shall be responsible for any breach of confidentiality by its respective employees, agents and contractors.
No Italian Subsidiary that is an Immaterial Subsidiary shall segregate assets or revenues pursuant to Articles 2447-bis (Patrimoni destinati ad uno specifico affare) of the Italian Civil Code letter (a) and (b), without the prior written consent of the Administrative Agent.
As of the Italian Closing Date, the board of directors of the Italian Subsidiary shall have approved the execution and delivery of the Italian Credit Agreement Amendment and the Italian Ancillary Documents and the Company shall have delivered to the Investor true and correct copies of resolutions of such board of directors to the foregoing effect.
No stockholder of such company is subject to personal liability (including, without limitation, any liability upon the insolvency of such Italian Subsidiary) solely on the basis of his, her or its ownership of capital stock of such company.
The German Subsidiary has always complied with its reporting obligations to the German transparency register (Transparenzregister) pursuant to the German Anti Money Laundering Act (Geldwäschegesetz, GwG), and the Italian Subsidiary has always complied with its obligations under the applicable anti money laundering Law.