Common use of General comments and assumptions Clause in Contracts

General comments and assumptions. The pro forma consolidated balance sheet is presented as if the Contributions would have been completed on 31 December 2020, which corresponds to the closing of the most recently completed financial period of Leasinvest. The pro forma consolidated statement of profit and loss is presented for the one-year period starting 1 January 2020 and ending 31 December 2020, as if the Contributions would have been completed on 1 January 2020. The pro forma financial information has been established on the basis of: a. The audited consolidated balance sheet accounts of Leasinvest for the period ending 31 December 2020. 1 “Transaction” means “(i) the renunciation by Leasinvest of its regulatory status both in Belgium (as public regulated real estate company (“RREC”)) and in Luxemburg (the SICAV-SIF status of its wholly-owned subsidiary, Leasinvest Immo Lux SA, (ii) the conversion of the Company from a partnership limited by shares into a public limited liability company with a (collegiate) board of directors followed by a capital increase by means of the contribution in kind of 100% of the shares in LREM by Xxxxxxxxx & van Haaren NV (“AvH”) in consideration for the issuance of 45,833 new shares without nominal value (the “LREM New Shares”),

Appears in 4 contracts

Samples: Partnership Agreement, Restructuring Plan, Capital Increase Agreement