VARTA definition
Examples of VARTA in a sentence
There is no action, suit, investigation or proceeding pending against, or to the knowledge of VARTA as of the date hereof threatened against, VARTA or any company of the Consumer Group before any court or arbitrator or any governmental body, agency or official which in any manner challenges or seeks to prevent, enjoin, alter or materially delay the transactions contemplated by this Agreement and limits the ability of VARTA Group to consumate the transactions under this Agreement.
The Pension Agreement between VARTA Gerätebatterie GMBH and the Executive dated May 17, 1989 including the supplement of July 1, 1999, which was assumed by the Company, shall continue and remain in full force and effect.
Escrow Amount I shall be released to German Limited in the event that German Limited will not be registered as shareholder of VARTA Consumer in accordance with Section 2.2 (a).
VARTA shall make no other representation and warranty in connection with the termination of the joint venture, and any other liability of VARTA shall be excluded in accordance with Section 8.4.
Strategic Partner shall (i) give and shall cause the Companies to give VARTA the opportunity to participate in any audits, disputes, administrative, judicial or other proceedings related to indemnifiable Taxes for Pre-Closing Tax Periods and (ii) challenge and litigate, or cause the Companies to challenge and litigate, any Tax assessment or other decision of any Taxing Authority related to such Taxes, in each case in accordance with Section 8.3.
VARTA shall be entitled to use refunds with respect to Taxes of the Companies for any Pre-Closing Date Tax Period to offset against any claim under Section 10.5 or Tax Loss previously paid except for refunds resulting from losses carried back from periods after the Closing Date to any Pre-Closing Date Tax Period.
VARTA shall open a bank account with a German bank of international standing to be mutually agreed upon by VARTA and Strategic Partner (hereinafter referred to as the "ESCROW AGENT").
Pursuant to a share purchase agreement (the "VARTA ARGENTINA SHARE PURCHASE AGREEMENT"), VARTA Consumer sold and transferred its shares in VARTA Argentina to VARTA, but the share transfer has not yet become legally effective.
KG REPRESENTED BY CLARIOS GERMANY HOLDING GMBH By: /s/ ▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇ Title: Officer By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Officer CLARIOS MANAGEMENT GMBH By: /s/ ▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇ Title: Officer By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Officer CLARIOS VARTA HANNOVER GMBH By: /s/ ▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇ Title: Officer By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Officer CLARIOS ZWICKAU GMBH & CO.
Strategic Partner shall ensure that any Tax return to be reviewed and approved by VARTA will be furnished to VARTA no later than 30 days, where practical, prior to the due date of such Tax return.