Issue of Debentures. 1. The General Shareholders Meeting may issue and arrange for admission to trading of debentures and debentures that are convertible and/or exchangeable into shares, in accordance with the applicable law. Likewise, the General Meeting may delegate on the Board of Directors the faculty to issue debentures and debentures convertible into shares including, where appropriate, the power to exclude shareholders’ pre-emptive rights, in accordance with the applicable law. 2. The Board of Directors may issue and arrange for the admission to trading of debentures, as well as resolve on the granting of guarantees for such debentures.
Appears in 2 contracts
Sources: Merger Agreement, Revolving Facility Agreement