Examples of Italian Subsidiary in a sentence
The Internal Regulations of the Italian Subsidiary Banks include a general limit on the accumulation of the offices of statutory auditor, by virtue of which these Statutory Auditors cannot undertake this office when they already cover the office of member of the audit body in five listed or supervised companies, in cases where the “interlocking ban” does not apply pursuant to Article 36 of Italian Law no.
The parties hereto also mutually acknowledge that the rate of interest applicable to any Loan made to or guaranteed by any Italian Subsidiary under this Agreement (including the relevant component of any applicable fee and expense) determined as of the date of execution of this Agreement is believed in good faith to be in compliance with Law No. 108 of 7 March 1996 as amended (the “Italian Usury Law”).
The Swiss Subsidiary is the sole legal and beneficial direct owner of all the shares or quotas (as applicable) in the German Subsidiary and the Italian Subsidiary.
There are no Persons that are entitled to validly claim to be acknowledged as agents of the Italian Subsidiary.
You shall have received evidence of the acceptance by Corporation Service Company of the appointment and designation provided for by Section 24.2(e), by the comparable section in the Italian Subsidiary Guarantee and in the Collateral Agreements for the period from the date of the Closing to April 26, 2015 (and the payment in full of all fees in respect thereof).