Common use of Excess Value Clause in Contracts

Excess Value. To the extent that the value of the Contributions exceeds the aggregate Issue Price for the Shares, the Company shall add such excess value as non-stipulated share premium (niet-bedongen agio) to the share premium reserve (agioreserve) exclusively attached to the ordinary shares in the Company’s share capital.

Appears in 2 contracts

Sources: Contribution Agreement (Cnova N.V.), Contribution Agreement (Cnova N.V.)