Arcotronics Industries definition
Examples of Arcotronics Industries in a sentence
Kemet Electronics Corporation Kemet Electronics Portugal S.A. Arcotronics Industries S.r.l. Kemet Electronics Asia Pacific Pte Ltd.
The Beneficiary shall prevent the modification of the Certificates of Incorporation and/or Bylaws of Arcotronics Industries, Arcotronics Italian and Kemet Electronics and of the companies issuing the Guarantees, that is, those whose equity interests are guarantees pursuant to the Financial Documents, without the prior written consent of the Agent Bank, which will not be unreasonably denied.
Provide the Agent Bank with timely notice of the changes made to the “Certificate of Incorporation” and/or the By-Laws of the Beneficiary and ensure that changes are not made to the by-laws of Kemet Electronics, Arcotronics Industries and Arcotronics Italia, without the Agent Bank’s prior written consent, which shall not be unreasonably denied.
Ensure that all transfers of funds between the Beneficiary, Arcotronics Italia and Arcotronics Industries as well as those between the latter two companies and their respective subsidiaries, occur through current accounts held at banks belonging to the UniCredit Group.
The Beneficiary undertakes to create a pledge on 100% (one hundred percent) of the share capital of Arcotronics Industries S.r.l. as per deed to be agreed between the Parties, the form and content of which must meet with the approval of the Agent Bank.