Galleries. Sendas and Fronteira Serviços Imobiliários Ltda., limited-liability company, Controlled by CBD and enrolled with CNPJ under nº 34.309.019/0001-36 (“Fronteira”), shall enter into, and CBD shall ensure Fronteira to enter into, through the Effective Spin-off Date, a gallery management agreement, which shall govern the provision of real estate services by Fronteira to Sendas, mainly in the form of the draft included in Appendix 5.6.3. CBD shall assign to Sendas its contractual position in connection with any and all sublease agreements relating to real estates of which Sendas is the lessor, in which case both Parties shall negotiate with the respective sublessees and undertake commercially reasonable efforts to perform such assignment in the shortest time possible.
Appears in 2 contracts
Sources: Separation and Other Covenants Agreement (Brazilian Distribution Co Companhia Brasileira De Distr CBD), Separation and Other Covenants Agreement (Sendas Distributor S.A.)