Promon definition
Examples of Promon in a sentence
Any Products or Services purchased prior to or to be purchased after the date hereof by Telemig Celular under the terms and conditions set forth in supply agreements entered into by Telemig Celular and Promon Eletronica Ltda., prior to the date hereof, shall not be considered for the purposes of calculating the Total Volume Commitment referred to in Section 2.2.1.
Immediately following the Merger, it is intended that, on a fully-diluted basis, (i) the former shareholders of the Company will own, collectively, approximately 34% of the shares of common stock of Regional Vehicle, (ii) Parent will own, directly or indirectly, approximately 60% of the shares of common stock of Regional Vehicle, and (iii) Promon Tecnologia S.A., or an Affiliate thereof, will own approximately 6% of the shares of common stock of the Regional Vehicle.
Immediately following the Merger, it is intended that, on a fully-diluted basis, (I) the former shareholders of the Company will own, collectively, approximately 34% of the shares of common stock of Regional Vehicle, (II) Parent will own, directly or indirectly, approximately 60% of the shares of common stock of Regional Vehicle, and (III) Promon Tecnologia S.A., or an Affiliate thereof, will own approximately 6% of the shares of common stock of the Regional Vehicle.
A., a Brazilian corporation (sociedade anonima) (together with its affiliates, "Promon") has agreed to purchase, prior to the Closing a 10% interest in the capital of RV, in the form of RV Class A Shares.