Assumption of Losses. 3.1 The Controlling Company shall be obliged to compensate for any annual loss of the Controlled Company, which would otherwise arise during the term of the Agreement. The provisions of Sec. 302 AktG, as amended from time to time, shall apply to the assumption of losses.
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Samples: Domination and Profit and Loss Transfer Agreement, Domination and Profit and Loss Transfer Agreement, Domination and Profit and Loss Transfer Agreement