Common use of Shareholders Meetings Clause in Contracts

Shareholders Meetings. Shareholders Meetings shall take place at the registered office of the Company in the Netherlands or at such other place as permitted by the Articles of Association. The Shareholders agree that an annual Shareholders Meeting shall be held within the 4 (four) months following the closing of each fiscal year, but in any event prior to the earlier of the annual general meeting of any of the Shareholders following the closing of the same fiscal year, for the discussion, and adoption of the consolidated audited annual accounts of the Company and for the discharge of the Directors from liability for their management over the last financial year. Furthermore, special Shareholders Meetings may be held following the request of any of the Groups for the replacement of Directors in accordance with Section 2.2.(b) and 2.12.(b)(i) above, and whenever and insofar as the business of the Company so requires.

Appears in 4 contracts

Samples: Shareholders Agreement (Portugal Telecom SGPS Sa), Shareholders Agreement (Telefonica S A), Shareholders Agreement (Portugal Telecom SGPS Sa)

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Shareholders Meetings. Shareholders Meetings shall take place at the registered office of the Company in the Netherlands or at such other place as permitted by the Articles of Association. The Shareholders agree that an annual Shareholders Meeting shall be held within the 4 (four) months following the closing of each fiscal year, but in any event prior to the earlier of the annual general meeting of any of the Shareholders following the closing of the same fiscal year, for the discussion, and adoption of the consolidated audited annual accounts of the Company and for the discharge of the Directors from liability for their management over the last financial year. Furthermore, special Shareholders Meetings may be held following the request of any of the Groups for the replacement of Supervisory and/or Managing Directors in accordance with Section 2.2.(b) 2.2.2. and 2.12.(b)(i) 2.8.2(a), above, and whenever and insofar as the business of the Company so requires.

Appears in 1 contract

Samples: Joint Venture Agreement (Portugal Telecom SGPS Sa)

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