DISTRIBUTION. The public distribution of the Debentures to the Target Public for effective settlement will begin after the following cumulative requirements have been met: (i) fulfillment of all the conditions precedent, except those expressly waived by the Lead Underwriter, in accordance with the terms and conditions set out in the Distribution Agreement; (ii) the Offer is registered by the CVM; and (iii) the announcement of the start of distribution of the Offer (the "Start Announcement") is published in the media. The subscription or acquisition of the Debentures subject to the public distribution must be carried out within a maximum period of ten (10) days from the date of publication of the Start Announcement. The distribution of the Debentures to the Target Public shall be carried out through the MDA, managed and operated by B3, with financial settlement carried out through B3 Balcão's clearing and settlement system. The payment of the First Series Debentures by means of "payment in kind" of Credits shall be carried out in accordance with the rules and procedures determined by B3 and the Bookkeeping Agent, being certain that: (i) transfer of Credits in the B3 system to formalize payment of the First Series Debentures shall be carried out by means of a command in the system to be made by the investors through intermediaries, based on the information made available by the Company, and it will be concluded at the First Payment Date for the First Series Debentures; (ii) the payment must be made by the First Payment Date. The Debentures may be paid up with a premium or discount, at the sole discretion of the Lead Underwriter, provided that this is in accordance with market conditions, if applicable, at the time of subscription of the Debentures, it being understood that the premium or discount will be applied equally to all the Debentures of each Series.
DISTRIBUTION. The public distribution of the Debentures to the Target Public for effective settlement will begin after the following cumulative requirements have been met: (i) fulfillment of all the conditions precedent, except those expressly waived by the Lead Underwriter, in accordance with the terms and conditions set out in the Distribution Agreement; (ii) the Offer is registered by the CVM; and (iii) the announcement of the start of distribution of the Offer (the "Start Announcement") is published in the media. The subscription or acquisition of the Debentures subject to the public distribution must be carried out within a maximum period of ten (10) days from the date of publication of the Start Announcement. The distribution of the Debentures to the Target Public shall be carried out through the MDA, managed and operated by B3, with financial settlement carried out through B3 Balcão's clearing and settlement system. The payment of the First Series Debentures by means of "payment in kind" of Credits shall be carried out in accordance with the rules and procedures determined by B3 and the Bookkeeping Agent, being certain that: (i) transfer of Credits in the B3 system to formalize payment of the First Series Debentures shall be carried out by means of a command in the system to be made by the investors through intermediaries, based on the information made available by the Company, and it will be concluded at theFirst Payment Date for the First Series Debentures; (ii) the payment must be made by the First Payment Date.
DISTRIBUTION. Article 36 Article 37
DISTRIBUTION. Prices Wages Taxes