ff_relativeren schreef op 9 april 2018 20:50:
Paragraaf 5.6.2 ; Risico beschrijving.
Altice neemt een verplichting om verliezen bij Altice USA te compenseren,
en vice versa. Altice waarschuwt in deze paragraaf voor substantiele impact ;
In January, 2018, Altice and Altice USA entered into the Indemnification Agreement in connection with the Separation, which provides for indemnification obligations designed to make Altice financially responsible for certain losses of Altice USA arising out of or based upon (i) this Shareholders' Circular, (ii) certain filings, notices and submissions made by Altice USA with governmental authorities in connection with the proposed Separation, including filings made with the SEC and AFM, and (iii) any notifications, filings or submissions made by Altice with governmental authorities having jurisdiction over Altice in connection with the proposed Separation or the Distribution.
If Altice is required to indemnify Altice USA under the circumstances set forth in the Master Separation Agreement or the Indemnification Agreement, Altice may be subject to
substantial liabilities, which may have a material adverse effect on its business, results of operations and financial condition.