DPLTA definition

DPLTA is defined in Section P.4.

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DPLTA has the meaning set forth in Section 10.08(a).

DPLTA means that certain domination and profit and loss transfer agreement (Beherrschungs- und Gewinnabführungsvertrag), dated as of September 22, 1999, by and between Buckeye Germany (formerly known as HOHENSTAUFEN EINHUNDERTVIERUNDZWANZIGSTE Vermögensverwaltungs GmbH), as the dominating entity, and the German Company, as the dominated entity, as amended and restated on November 17, 2014.

Examples of DPLTA in a sentence

• The Company is not a party to or bound by any obligation under any Tax sharing, Tax allocation, Tax indemnity or similar agreement or arrangement (except pursuant to a financing agreement the principal purpose of which is not Taxes and for the avoidance of doubt except for the DPLTA).

• By first instance decision of the Regional Court Munich I (Landgericht München I) dated April 5, 2012, the court declared the DPLTA Approval Resolution void, but dismissed the Balaton Court Action 2011 with respect to the Discharge Resolutions 2011.

• Purchaser shall cause the DPLTA Settlement Accounts to be delivered to Buckeye Germany within ninety (90) days following the Closing Date.

• Except for the rights under the DPLTA with respect to the German Company, the Acquired Companies Equity Interests represent all of the issued and outstanding Equity Securities in the Acquired Companies and no Acquired Company is party to any Contract granting another Person any rights with respect to the issuance of any new Equity Securities of such Acquired Company.

• Upon completion of the transaction, Deutsche Balaton has agreed to withdraw its legal case opposing the registration of a Domination and Profit and Loss Transfer Agreement (DPLTA), which, under German law, would essentially allow Gentherm and W.E.T. to be managed as one operational entity.

• Any profit (abzuführender Gewinn) of the Company to be transferred to Seller under the DPLTA as shown in the DPLTA Financial Statements shall belong to Seller (“DPLTA Seller Claim”).

• Further details about the technical implementation of such offer will be announced shortly after the registration of the DPLTA.

• In connection with the share purchase from Deutsche Balaton, Gentherm has agreed to offer to acquire, upon registration of the DPLTA, the remaining shares of W.E.T. held by other minority shareholders.

• Buckeye Germany shall have the right to review the DPLTA Settlement Accounts and Section 3.4(c) and Section 3.4(d) shall apply mutatis mutandis with respect to the finalization of the DPLTA Settlement Accounts.

• The DPLTA shall be terminated with effect as of the expiry of the Short Fiscal Year by mutual termination agreement between the Company and Seller (the “DPLTA Termination Date”).

More Definitions of DPLTA

DPLTA means that certain domination and profit and loss transfer agreement (Beherrschungs- und Gewinnabführungsvertrag), dated as of September 22, 1999, by and between Buckeye Germany (formerly known as HOHENSTAUFEN EINHUNDERT- VIERUNDZWANZIGSTE Vermögensverwaltungs GmbH), as the dominating entity, and the German Company, as the dominated entity, as amended and restated on November 17, 2014.

DPLTA has the meaning as set out in Preamble (F).

DPLTA has the meaning set out in Clause 2.1.2; “Due Diligence Investigation” has the meaning set out in Clause 10.5.4

DPLTA has the meaning set forth in Section 4.1(a)(xix).