Newtel definition

Newtel shall have the meaning ascribed to in the SPA.
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Newtel means Newtel Participações S.A., a publicly-traded corporation (sociedade anônima de capital aberto), organized under the laws of Brazil, headquartered in the City of Rio de Janeiro, State of Rio de Janeiro, at Rua ▇▇▇▇▇ ▇▇▇▇▇▇, 116, Suite 4102, enrolled in the CNPJ under no. 02.604.997/0001 -14, owner of 51% of the voting shares of Seller.
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Examples of Newtel in a sentence

  • No payments by the undersigned hereunder shall entitle him, by subrogation or otherwise, to the rights of CDI or any other holder of the Note, to any payment by Newtel.

  • Pursuant to the Supplementary Agreement, the one share held by each of the Vendor and Mr. ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ in the share capital of THC (comprising a total of 30,000 shares) had been transferred to ▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇, Managing Director of Newtel and Mr ▇▇▇ ▇▇▇▇▇, Chief Financial Officer of the Company, respectively.

  • Newtel may prepay all or any portion of the amounts due pursuant to this Note without penalty or premium.

  • Newtel agrees to pay all expenses, including reasonable attorneys' fees and legal expenses, incurred by the holder of this Note in endeavoring to collect any amounts payable hereunder which are not paid when due, whether by acceleration or otherwise.

  • The undersigned's obligations hereunder shall not be released, discharged or otherwise affected by any claim, set-off or other rights which he may have against Newtel, CDI or any other holder of the Note.

  • Neither CDI nor any other holder of the Note shall be required to proceed against Newtel or to resort first to any other remedy to enforce payment or collection of the Indebtedness guaranteed hereby.

  • Lender understands that the information contained in the Memorandum, including the Projected Financial Statements of Newtel Systems, Inc.

  • Subject to the Vendor’s performance of inter-alia, its obligations under paragraph 2 above, the Company will procure that Newtel repays the total outstanding indebtedness of THB 70,000,000 to ▇▇▇ ▇▇ Jianping.

  • As set out in the announcement dated 14 February 2012 in relation to the “Supplementary Agreement to the Share Purchase Agreement dated 2 December 2012 for the Acquisition of Newtel Group” and the announcement dated 23 February 2012 in relation to the “Further Information on the Supplementary Agreement to the Share Purchase Agreement dated 2 December 2010 for the Acquisition of Newtel Group”, the Company had entered into similar arrangements in respect of its Thailand operations.

  • With the resignation of the Vendor, Mr. ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ and Mr. ▇▇▇▇▇▇▇▇ Sae-▇▇▇▇ from their office as directors of both Newtel and THC, the following individuals remain on the board of Newtel and THC.