Full Regularization definition

Full Regularization means, in relation to a Lease Agreement, (a) the formalization, by means of a written Contractual Instrument, of the occupation and/or lease by Company of the Leased Area(s) pertinent to the respective Lease Agreement; (b) the assignment and transfer of the Lease Agreement to Company (as lessee, assignee and/or grantee), under the same commercial conditions currently in force (including term and other terms and conditions), except for annual remuneration, which may vary up to five percent (5%) compared to the value in effect on the date hereof (any amounts of the annual remuneration mentioned above that exceed the percentage of five percent (5%) referred to above, “Regularization Cost Increase”); and (c) the obtainment of consent by the counterparty to said Lease Agreements, where applicable according to their terms, for the implementation of the Corporate Reorganization and the Closing and performance of the acts provided for in item “(b)” above. For clarification purposes, the value in effect, on the date hereof, of the annual remuneration of the Lease Agreements related to the Leased Areas, is broken down, individually for each Infrastructure Item, in the corresponding column “Current Lease Value” in Exhibit B8.
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Related to Full Regularization

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