Share Sale and Transfer Agreement regarding all shares in Haleko Hanseatisches Lebensmittelkontor GmbH & Co. OHG, Food-Tech Handelsgesellschaft mbH, Aktivkost Handelsgesellschaft mbH, HPH Hamburger Pharma Handelsgesellschaft mbH of among Weider...Transfer Agreement • June 23rd, 2005 • Weider Nutrition International Inc • Wholesale-groceries & related products
For the avoidance of doubt, by Purchaser 1 acquiring the Participation 1 with commercial effect as of the Effective Date Purchaser 1 also assumes the existing shareholder accounts kept at Haleko for Seller 1, i.e. the fixed capital, the current account resulting from transformation and the retained earnings as set forth in Appendix A, provided, however, as regards the current account from transactions and the retained earnings account of Seller 1 those two accounts shall be set-off against each other so that Purchaser 1 only assumes the balance between those two accounts.
