averaging provision

1. For the purposes of this Chapter, ‘division by the formation of new companies’ means the operation whereby, after being wound up without going into liquidation, a company transfers to more than one newly-formed company all its assets and liabilities in exchange for the allocation to the shareholders of the company being divided of shares in the recipient companies, and possibly a cash payment not exceeding 10 % of the nominal value of the shares allocated or, where they have no nominal value, of their accounting par value.

1. For the purposes of this Chapter, ‘merger by the formation of a new company’ shall mean the operation whereby several companies are wound up without going into liquidation and transfer to a company that they set up all their assets and liabilities in exchange for the issue to their shareholders of shares in the new company and a cash payment, if any, not exceeding 10 % of the nominal value of the shares so issued or, where they have no nominal value, of their accounting par value.

34. Regrets the lack of ambition in the EU budget for external action for the period 2014-2020; calls for better anticipation of the funding needed for the implementation of EU strategies; regrets that in some cases, the EU’s actions have been delayed because of financial matters; calls for such structural problems to be remedied in future, including by making use of the new provisions on strengthening capacities for participation and deployment in civilian stabilisation missions (Article 4c) provided by the Instrument for Stability and Peace (ISP); recalls also the need to review the financing mechanism for military CSDP operations (known as t ...[+++]he ATHENA mechanism), so as to allow for a more adequate and fairer burden-sharing of the costs of EU military operations, thus enabling all Member States to contribute through force generation or financing the supporting costs;

Cooperation in this area shall strengthen cooperation, exchange of knowledge and experience and partner countries' capacities on the four pillars of food security with a gender sensitive approach: food availability (production), access (including land, infrastructure for food transport from surplus to deficit areas, markets, establishing domestic food reserves, safety nets), utilisation (nutrition interventions in socially aware ways) and stability, while also addressing fair trade and prioritising five dimensions: smallholder agriculture and livestock-keeping, food processing to create added value, governan ...[+++]ce, regional integration and assistance mechanisms for vulnerable populations, by: