Pre-Closing Restructuring. (a) The Parties hereby agree that the Sellers shall not be required to convert the Dutch Parent Company from a cooperative with excluded liability (coöperatie met uitgesloten aansprakelijheid) to a private company with limited liability (besloten vennootschap met beperkte aansprakelijkheid). (b) Section 7.23(a) of the Purchase Agreement is hereby amended to remove sub-Section (ii), and all references thereto, in its entirety. The Parties hereby agree to the changes to Section 7.23(a) of the Purchase Agreement as shown on Exhibit A hereto.
Appears in 2 contracts
Sources: Equity Purchase Agreement, Equity Purchase Agreement (HollyFrontier Corp)