Common use of SECTION SEVEN Clause in Contracts

SECTION SEVEN. Merger Effective Date and conditions precedent. This Merger shall be effective at 12 AM of the date on which the Presidents of the Boards of Directors of the Parties (hereinafter, the “Merger Effective Date”) execute a minute reflecting the transfer of operations, in which the following is recorded in writing: (i) Telecom Argentina has set up its technical-operational systems to assume Cablevisión’s operations and activities; and (ii) as of the Merger Effective Date the transfer of all operations and activities of the Merged Company into Telecom Argentina is perfected because the following conditions, to which the Merger is subject, have been fulfilled:

SECTION SEVEN. Merger Effective Date and conditions precedent. This Merger shall be effective at 12 AM of the date on which the Presidents of the Boards of Directors of the Parties (hereinafter, the “Merger Effective Date”) execute a minute reflecting the transfer of operations, in which the following is recorded in writing: (i) Telecom Argentina has set up its technical-operational systems to assume Cablevisión’s operations and activities; and (ii) as of the Merger Effective Date the transfer of all operations and activities of the Merged Absorbed Company into Telecom Argentina is perfected because the following conditions, to which the Merger is subject, have been fulfilled: