CS definition
Examples of CS in a sentence
S▇▇▇▇▇ GmbH, a subsidiary of SCHMID, to CS have been assumed by S▇▇▇▇▇ by entering into a debt assumption agreement (the "Debt Assumption Agreement") to consolidate all such obligations with S▇▇▇▇▇, so that S▇▇▇▇▇ has become the sole debtor in respect of such obligations.
S▇▇▇▇▇ and CS also intend to enter into a subscription agreement on or about the date of this Agreement (the “Subscription Agreement”), pursuant to which S▇▇▇▇▇ will agree to issue ordinary shares in its share capital at a share price as set out in such Subscription Agreement (the “Subscribed Shares”) to CS.
CS shall not assert any further claims against S▇▇▇▇▇ in respect of the Outstanding Claims.
S▇▇▇▇▇ has thus outstanding payment obligations against CS in a total amount of EUR 8,000,000 (the "Outstanding Claims").
S▇▇▇▇▇ has thus outstanding payment obligations against CS in a total amount of EUR 2,400,000 (the "Outstanding Claims").