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12 results for JVCo
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German
Spanish
As
such
,
Q's
ownership
of
JVCo
must
be
less
than
25
%
in
order
to
qualify
for
certain
German
government
subsidies
. [Mit
Blick
auf
einen
möglichst
umfassenden
Förderanspruch
liegt
es
nach
Auffassung
der
Parteien
im
Interesse
von
JVCo
,
dass
Q
seine
Beteiligung
an
JVCo
so
lange
begrenzt
,
bis
entweder
E
oder
JVCo
gemäß
den
Vorschriften
über
Investitionszuschüsse
usw
.
nicht
mehr
als
"kleines
oder
mittleres
Unternehmen"
eingestuft
wird
oder
diese
Beschränkung
hinfällig
wird
. [EU]
[Las
partes
entienden
que
,
con
el
fin
de
poder
optar
a
un
máximo
de
ayudas
,
interesa
a
JVCo
que
Q
limite
su
parte
de
las
acciones
en
JVCo
hasta
el
momento
en
que
E o
JVCo
ya
no
se
consideren
«pequeñas
o
medianas
empresas»
con
arreglo
a
las
normas
para
subvenciones
a
la
inversión
etc
., o
en
que
esta
restricción
deje
de
tener
validez
.
Außerdem
wird
Q
anfänglich
die
Hauptverantwortung
für
die
Einstellung
neuer
Mitarbeiter
für
die
Betriebsstätte
übernehmen
.] [EU]
[Previsiblemente,
debido
a
que
la
fábrica
estará
situada
en
Alemania
cerca
de
sus
actuales
instalaciones
, Q
será
una
fuente
importante
de
empleados
transferidos
y
desplazados
para
JVCo
.
Die
folgenden
Auszüge
aus
den
Heads
of
Agreement
zeigen
,
dass
die
Rolle
von
Q-Cells
bei
Sovello
für
die
Betriebsfähigkeit
des
Joint
Ventures
maßgeblich
war:
"It
is
anticipated
that
because
the
facility
will
be
located
in
Germany
near
Q's
current
operations
,
that
Q
will
be
a
major
source
of
transferred
and
seconded
employees
for
JVCo
. [EU]
Los
siguientes
extractos
de
los
Heads
of
Agreement
demuestran
que
el
papel
de
Q-Cells
en
Sovello
era
esencial
para
la
capacidad
operativa
de
la
empresa
en
participación:
Die
Heads
of
Agreement
sehen
vor:
"The
Governance
of
JVCo
will
generally
be
structured
and
balanced
to
take
into
account
each
Party's
relative
economic
interest
in
JVCo
and
the
fact
that
E
needs
initially
to
have
a
higher
degree
of
control
of
JVCo
as
a
result
of
the
materiality
of
the
operations
of
JVCo
relative
to
E's
operations
on
a
consolidated
basis
. [EU]
La
Comisión
considera
que
las
disposiciones
que
figuran
en
los
estatutos
,
los
Heads
of
Agreement
y
el
MJVA1
dan
a
Q-Cells
un
nivel
de
influencia
en
las
decisiones
empresariales
de
Sovello
que
supera
lo
que
un
accionista
minoritario
con
una
participación
del
29
,9 %
podría
esperar
con
arreglo
al
Derecho
de
sociedades
normal
(si
bien
en
un
contrato
de
empresa
en
participación
esto
no
es
necesariamente
inusual
).
Los
Heads
of
Agreement
prevén:
Die
Kommission
nimmt
zur
Kenntnis
,
dass
Evergreen
zunächst
tatsächlich
eine
Mehrheitsbeteiligung
an
Sovello
anstrebte
(
vgl
.
Nummer
5
der
Heads
of
Agreement:
"E
will
be
required
to
own
a
majority
interest
in
the
equity
of
JVCo
in
the
near
term"
[E
muss
in
absehbarer
Zeit
im
Besitz
einer
Mehrheitsbeteiligung
am
Stammkapital
von
JVCo
sein]),
eine
solche
Mehrheit
prozentual
aber
auch
anders
(
zwischen
51
%
und
75
%)
gegeben
wäre
. [EU]
La
Comisión
constata
que
,
de
hecho
,
Evergreen
pretendía
una
participación
mayoritaria
en
Sovello
(véase
el
punto
5
de
los
Heads
of
Agreement:
«E
will
be
required
to
own
a
majority
interest
in
the
equity
of
JVCo
in
the
near
term»
[E
de
berá disponer de
un
a
participación
mayoritaria en
el
capital social de JVCo a corto plazo]),
pero
esa
mayoría
puede
alcanzarse
también
con
un
nivel
de participación
diferente
(entre
el
51
% y el
75
%).
Gleichzeitig
wird
die
Führungsstruktur
von
JVCo
Bedingungen
unterliegen
,
die
gewährleisten
,
dass
sowohl
E
als
auch
Q
an
wichtigen
Geschäftsentscheidungen
von
JVCo
teilhaben
.] (
Hervorhebung
der
Kommission
) [EU]
Al
mismo
tiempo
,
la
estructura
de
dirección
de
JVCo
incluirá
disposiciones
que
garanticen
que
tanto
E
como
Q
participen
en
las
decisiones
más
importantes
de
JVCo
.] (subrayado
de
la
Comisión
).
In
addition
,
initially
Q
will
take
primary
responsibility
for
recruiting
new
employees
for
the
facility
." [Voraussichtlich
wird
Q,
aufgrund
des
Standorts
der
Anlage
in
Deutschland
in
der
Nähe
seiner
jetzigen
Betriebsstätten
,
eine
wichtige
Quelle
übergeleiteter
und
entsandter
Mitarbeiter
für
JVCo
sein
. [EU]
«It
is
anticipated
that
because
the
facility
will
be
located
in
Germany
near
Q's
current
operations
,
that
Q
will
be
a
major
source
of
transferred
and
seconded
employees
for
JVCo
.
In
addition
,
initially
Q
will
take
primary
responsibility
for
recruiting
new
employees
for
the
facility
.»
In
diesem
Zusammenhang
muss
das
Eigentum
von
Q
an
JVCo
weniger
als
25
%
ausmachen
,
damit
in
Deutschland
bestimmte
staatliche
Beihilfen
in
Anspruch
genommen
werden
können
.] (
Hervorhebung
der
Kommission
)"(
87
)
Diese
klare
Absicht
wird
durch
Artikel
2.5
Buchstabe
c
des
MJVA1
bestätigt:
[EU]
A
este
respecto
,
la
parte
propiedad
de
Q
en
JVCo
debe
ser
inferior
al
25
%
para
poder
optar
a
determinadas
ayudas
del
Gobierno
alemán
] (subrayado
de
la
Comisión
) [28].(87)
Esta
clara
intención
se
confirma
en
el
artículo
2.5,
letra
c),
del
MJVA1:
«The
Parties
shall
use
reasonable
best
efforts
to
obtain
the
Government
Investment
Grant
Approval
as
soon
as
reasonably
practicable
following
the
Closing
Date
,
including
,
but
not
limited
to
,
making
changes
to
the
overall
structure
of
the
joint
venture
,
this
Agreement
,
the
shareholdings
in
VentureCo
,
the
Articles
of
Association
and
the
Concurrent
Agreements
in
order
to
ensure
that
the
maximum
amount
of
Government
Investment
Grants
available
for
small
and
medium
size
enterprises
will
be
secured
by
VentureCo
;
and
to
obtain
the
funds
necessary
to
fund
to
VentureCo
the
amounts
specified
in
Section
2.4 (b)
and
2.4 (c)
when
due
.»
this
);">In
particular
for
the
early
phases
of
JVCo
,
both
Parties
commit
to
enter
into
agreements
to
supply
necessary
services
to
JVCo
for
a
period
of
at
least
2
years
,
until
JVCo
is
in
a
position
to
function
cost
effectively
without
this
support
from
its
owner
entities
." [JVCo
kann
bestimmte
Dienstleistungen
(
Infrastruktur
,
Management
,
betriebliche
und
technologische
Unterstützung
und
Entwicklung
usw
.),
die
kostengünstiger
durch
einen
Partner
erbracht
werden
können
als
durch
JVCo
selbst
,
dauerhaft
oder
vorübergehend
an
einen
Partner
vergeben
. [EU]
In
particular
for
the
early
phases
of
JVCo
,
both
Parties
commit
to
enter
into
agreements
to
supply
necessary
services
to
JVCo
for
a
period
of
at
least
2
years
,
until
JVCo
is
in
a
position
to
function
cost
effectively
without
this
support
from
its
owner
entities
.»
"
JVCo
may
outsource
to
a
Party
on
a
permanent
or
temporary
basis
,
certain
services
(
Infrastructure
,
management
,
operational
and
technology
support
and
development
usw
.)
that
can
be
provided
by
a
party
to
JVCo
on
a
more
cost
effective
basis
than
if
JVCo
were
to
provide
such
services
itself
. [EU]
Además
,
al
principio
, Q
será
el
principal
responsable
de
la
contratación
de
nuevos
empleados
para
la
fábrica
.]
«
JVCo
may
outsource
to
a
Party
on
a
permanent
or
temporary
basis
,
certain
services
(Infrastructure,
management
,
operational
and
technology
support
and
development
,
etc
.)
that
can
be
provided
by
a
party
to
JVCo
on
a
more
cost
effective
basis
than
if
JVCo
were
to
provide
such
services
itself
.
"
JVCo
"
steht
für
EverQ
(
Sovello
),
"Q"
steht
für
Q-Cells
und
"E"
für
Evergreen
. [EU]
«
JVCo
»
corresponde
a
EverQ
(Sovello),
«Q»
a
Q-Cells
y
«E»
a
Evergreen
.
this
);">"The
Parties
understand
that
,
in
order
to
qualify
for
maximum
grants
,
it
is
in
the
interest
of
JVCo
that
Q
restricts
its
equity
portion
of
JVCo
until
such
time
that
either
E
or
JVCo
are
no
longer
categorised
as
'small
or
medium
enterprises'
under
the
rules
for
investment
grants
usw
.,
or
that
this
restriction
becomes
null
and
void
. [EU]
«The
Parties
understand
that
,
in
order
to
qualify
for
maximum
grants
,
it
is
in
the
interest
of
JVCo
that
Q
restricts
its
equity
portion
of
JVCo
until
such
time
that
either
E
or
JVCo
are
no
longer
categorised
as
"small
or
medium
enterprises"
under
the
rules
for
investment
grants
etc
.,
or
that
this
restriction
becomes
null
and
void
.
As
such
,
Q's
ownership
of
JVCo
must
be
less
than
25
%
in
order
to
qualify
for
certain
German
government
subsidies
.»
The example sentences were kindly provided by:
[I]
IndustryStock.com
, [L]
spanisch-lehrbuch.de
.
Sentences marked by [EU] derived from
DGT Multilingual Translation Memory
. The European Commission retains ownership of the copyright in the original data.
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