Wake North Carolina Transfer Agreement between Deutsche Telecom AG and NAB Nordamerika Beteiligungs Holding GMBH regarding Transfer of Shares to One or More Qualified Subsidiaries

• Category: Corporations - Public - Agreements - Transfers
• State: Multi-State
• County: Wake
• Control #: US-EG-9217
• Format: Word; Rich Text

Description

Transfer Agreement between Deutsche Telecom AG and NAB Nordamerika Beteiligungs Holding GMBH regarding the transfer of shares to one or more qualified subsidiaries dated December 29, 1999. 2 pages. Wake North Carolina Transfer Agreement between Deutsche Telecom AG and NAB Nordamerika Beteiligungs Holding GMB His a legally binding contract that outlines the terms and conditions for the transfer of shares from one company to its qualified subsidiary/subsidiaries. This agreement facilitates the smooth and organized transfer of ownership of shares within the corporate structure. Key terms and provisions contained in this transfer agreement include: 1. Parties: The agreement typically identifies the involved parties, namely Deutsche Telecom AG and NAB Nordamerika Beteiligungs Holding GmbH, as well as the qualified subsidiary/subsidiaries involved in the share transfer. 2. Share Transfer: The agreement specifies the number of shares being transferred, the series or class of shares, and any specific conditions or restrictions associated with the transfer. 3. Consideration: The agreement outlines the consideration or payment terms for the shares being transferred. This could include the price per share, payment schedule, or any other terms agreed upon by the parties involved. 4. Closing Procedure: The agreement sets forth the procedures and requirements for the closing of the share transfer, including the necessary documents, approvals, and timelines. This ensures compliance with legal and regulatory requirements. 5. Representations and Warranties: Both parties make certain representations and warranties to each other regarding the validity of the shares, absence of encumbrances, and accuracy of financial information. These representations minimize potential risks and protect the interests of both parties. 6. Conditions Precedent: The agreement may include conditions that must be satisfied before the share transfer can take place. These may include regulatory approvals, third-party consents, or other specified conditions. Types of Wake North Carolina Transfer Agreements between Deutsche Telecom AG and NAB Nordamerika Beteiligungs Holding GmbH: 1. Transfer of Shares to a Single Qualified Subsidiary: This type of agreement involves the transfer of a specific number of shares from Deutsche Telecom AG to a single qualified subsidiary of NAB Nordamerika Beteiligungs Holding GmbH. 2. Transfer of Shares to Multiple Qualified Subsidiaries: In this scenario, Deutsche Telecom AG transfers shares to more than one qualified subsidiary of NAB Nordamerika Beteiligungs Holding GmbH, with each subsidiary receiving a specific portion of the shares. In conclusion, the Wake North Carolina Transfer Agreement between Deutsche Telecom AG and NAB Nordamerika Beteiligungs Holding GmbH establishes the framework for the transfer of shares within their corporate structure. This agreement ensures a smooth and legally compliant process, protecting the interests of all parties involved.

Wake North Carolina Transfer Agreement between Deutsche Telecom AG and NAB Nordamerika Beteiligungs Holding GMB His a legally binding contract that outlines the terms and conditions for the transfer of shares from one company to its qualified subsidiary/subsidiaries. This agreement facilitates the smooth and organized transfer of ownership of shares within the corporate structure. Key terms and provisions contained in this transfer agreement include: 1. Parties: The agreement typically identifies the involved parties, namely Deutsche Telecom AG and NAB Nordamerika Beteiligungs Holding GmbH, as well as the qualified subsidiary/subsidiaries involved in the share transfer. 2. Share Transfer: The agreement specifies the number of shares being transferred, the series or class of shares, and any specific conditions or restrictions associated with the transfer. 3. Consideration: The agreement outlines the consideration or payment terms for the shares being transferred. This could include the price per share, payment schedule, or any other terms agreed upon by the parties involved. 4. Closing Procedure: The agreement sets forth the procedures and requirements for the closing of the share transfer, including the necessary documents, approvals, and timelines. This ensures compliance with legal and regulatory requirements. 5. Representations and Warranties: Both parties make certain representations and warranties to each other regarding the validity of the shares, absence of encumbrances, and accuracy of financial information. These representations minimize potential risks and protect the interests of both parties. 6. Conditions Precedent: The agreement may include conditions that must be satisfied before the share transfer can take place. These may include regulatory approvals, third-party consents, or other specified conditions. Types of Wake North Carolina Transfer Agreements between Deutsche Telecom AG and NAB Nordamerika Beteiligungs Holding GmbH: 1. Transfer of Shares to a Single Qualified Subsidiary: This type of agreement involves the transfer of a specific number of shares from Deutsche Telecom AG to a single qualified subsidiary of NAB Nordamerika Beteiligungs Holding GmbH. 2. Transfer of Shares to Multiple Qualified Subsidiaries: In this scenario, Deutsche Telecom AG transfers shares to more than one qualified subsidiary of NAB Nordamerika Beteiligungs Holding GmbH, with each subsidiary receiving a specific portion of the shares. In conclusion, the Wake North Carolina Transfer Agreement between Deutsche Telecom AG and NAB Nordamerika Beteiligungs Holding GmbH establishes the framework for the transfer of shares within their corporate structure. This agreement ensures a smooth and legally compliant process, protecting the interests of all parties involved.