Examples of Brazil Shares in a sentence
Immediately following the completion of the actions described in clause (d) but prior to the commencement of the actions described in Section 3.2.3, LuxCo by its turn shall distribute the Special Cnova Brazil Shares to Cnova Brazil.
Immediately following the completion of the actions described in clause (c) but prior to the commencement of the actions described in clause (e), DutchCo shall distribute the Special Cnova Brazil Shares to LuxCo.
The securities being offered hereby may be issued in the form of American Depositary Shares of the registrant, referred to as Vitru Brazil ADSs. Each Vitru Brazil ADS represents one common share, no par value, of Vitru Brasil Empreendimentos, Participações e Comércio S.A., referred to as Vitru Brazil Shares.
The certificates representing the Newco Brazil Shares shall contain a legend to such effect.
Via Varejo shall (i) cause LuxCo to execute a written resolution as sole shareholder of DutchCo to declare the distribution of the Special Cnova Brazil Shares to LuxCo and (ii) cause the board of DutchCo to approve such resolution and make the distribution.
Immediately following the completion of the actions described in clause (a) but prior to the commencement of the actions described in clause (c), Cnova NV shall distribute to DutchCo at book value the Cnova Brazil special shares (the " Special Cnova Brazil Shares") as a one-time restitution of the total equity in Cnova NV held by DutchCo in the form of a distribution in kind.
Buyer acknowledges and agrees that no person has any right to require Sellers to cause the registration of any of the Newco Brazil Shares.
Pursuant to Rule 416 under the Securities Act of 1933, as amended (the “Securities Act”), this Registration Statement also covers an indeterminate number of additional Vitru Brazil Shares as may be issuable as a result of stock splits, stock dividends or similar transactions.
If Vitru Brazil Shares are to be delivered to someone other than the person(s) signing this Letter of Election and Transmittal or at an address other than that shown above, the appropriate “Special Issuance Instructions” or “Special Delivery Instructions” boxes on this Letter of Election and Transmittal should be completed.
If as of the Closing Date Nutrition Brazil has been established and the Spin-Off to Novartis Brazil has occurred, the Seller will sell and the Buyer or a Buyer Designated Affiliate will purchase from the Seller all of the issued and outstanding shares of Nutrition Brazil (the "Nutrition Brazil Shares") free and clear of any Encumbrances, pursuant to an agreement in the form attached as Exhibit 2.1.