BENEFICIARIES’ RIGHTS. 5.1. Each BDR shall grant its holder all rights and benefits proportional to the percentage of the Share it represents, provided that the Beneficiaries are not PRINCIPAL’s shareholders and the exercise of the rights granted to the Beneficiaries is subject to the terms and conditions set forth in this Agreement.
Appears in 2 contracts
Samples: Services Agreement (Nu Holdings Ltd.), Services Agreement (Nu Holdings Ltd.)
BENEFICIARIES’ RIGHTS. 5.1. Each BDR shall grant its to the holder all rights and benefits proportional to in connection with the percentage of the Share it representsrespective Share, provided considering that the Beneficiaries are not PRINCIPALthe CONTRACTING PARTY’s shareholders and that the exercise of the rights granted to the Beneficiaries is shall be subject to the terms and conditions set forth in this Agreement.
Appears in 1 contract
BENEFICIARIES’ RIGHTS. 5.1. Each BDR shall grant its holder all rights and benefits proportional to the percentage of the Share it represents, provided it being understood that the Beneficiaries are not PRINCIPAL’s shareholders of CONTRACTING PARTY and the exercise of the rights granted to the Beneficiaries is subject to the terms and conditions set forth in this Agreement.
Appears in 1 contract
Samples: Bank Services Agreement (JBS B.V.)
