New Shareholders definition
Examples of New Shareholders in a sentence
The New Shareholders Agreement does not provide for any relevant body.
If requested by the Administrative Agent, such New Shareholder(s) shall execute and deliver to the Administrative Agent a pledge agreement and such other agreements, documents and instruments as the Administrative Agent and the Lenders may request evidencing or relating to the Collateral, each in form and substance satisfactory to the Administrative Agent.
The provisions set forth in the New Shareholders Agreement are relevant pursuant to Article 122, paragraphs 1 and 5, letters a) and b), of the Consolidated Financial Act.
The essential information of the New Shareholders Agreement relating to Pirelli are described herein-below.
As general principle of the New Shareholders Agreement, MTP and CNRC have acknowledged that, in coherence with what already set forth in the First Shareholders Agreement, the governance structures are aimed at continuing the Pirelli’s business and entrepreneurial culture by leveraging on the management retention in the long run and shall be inspired by the best international practice of listed companies.