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Article R228-83 of the French Commercial code

Release of registrations shall be made by the representatives of the group of bondholders concerned. Except in the cases provided for in the contract of issue, the representatives of the group of bondholders may release the registrations, even without noting the repayment of the loan, if they have been authorised to do so by a decision of the general meeting of bondholders. Except in the case provided for in the…

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Article R228-84 of the French Commercial code

In the event of the safeguard, reorganisation or judicial liquidation of the debtor company, notices and summonses intended for the bondholders shall be sent to the representatives of the general body of shareholders, as the case may be, by the legal representative of the company or the administrator or the judicial representative.

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Article R228-85 of the French Commercial code

The agent responsible for representing the estate in the case provided for in Article L. 228-85 is appointed by the president of the commercial court ruling on a request. It produces the claim of the general body of creditors within fifteen days of its appointment.

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Article R228-86 of the French Commercial code

In the event of compulsory liquidation, the certificates of account registration of bearer bonds or, where applicable, the documents evidencing such bonds shall be deposited with the liquidator within the time limit set by the official receiver.

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Article R228-87 of the French Commercial code

For the application of 1° of article L. 228-99, where there are securities giving access to the capital, the company issuing new equity securities with preferential subscription rights reserved for its shareholders, if the rights attached to the securities giving access to the capital can only be exercised on certain dates, shall open an exceptional period to allow holders of rights attached to securities giving access to the capital who…

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Article R228-88 of the French Commercial code

For the application of 2° of article L. 228-99, where there are securities giving access to the capital, the company making the free share allotment shall transfer to an unavailable reserve account the sum required to allot the free shares to holders of rights attached to securities giving access to the capital who would subsequently exercise their right in a number equal to that which they would have received if…

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Article R228-89 of the French Commercial code

For the application of 2° of article L. 228-99, where there are securities giving access to the capital, the company making the distribution of reserves, in cash or in kind, or of share premiums, shall transfer to an unavailable reserve account the sum and, where applicable, retain the assets in kind necessary to remit to the holders of the rights attached to the securities giving access to the capital who…

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Article R228-90 of the French Commercial code

Where there are securities giving access to the capital, the company purchasing its shares admitted to trading on a regulated market shall, where the purchase price is higher than the stock market price, adjust the number of shares that these securities make it possible to obtain. This adjustment guarantees, to the nearest hundredth of a share, that the value of the shares that are obtained in the event of the…

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Article R228-91 of the French Commercial code

For the application of 3° of article L. 228-99, the adjustment equalises, to the nearest hundredth of a share, the value of the securities that are obtained in the event of the exercise of the rights attached to the securities giving access to the capital after the completion of the transaction and the value of the securities that would have been obtained in the event of the exercise of these…

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Article R228-92 of the French Commercial code

If a company carries out a transaction requiring the application of Article L. 228-99, it shall inform the holders of the rights attached to the securities giving access to the capital concerned by means of a notice. This notice shall mention: 1° The company name and, where applicable, the acronym of the company; 2° The form of the company; 3° The amount of the share capital; 4° The address of…

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