This excerpt taken from the NETC 20-F filed Mar 9, 2007.
Deliveries at Closing
4.3. At Closing, NET shall deliver to HTI all the corporate approvals which are required by Brazilian law and its by-laws together with the minutes of the NET Shareholders Meeting and the corresponding Subscription List. Upon expiration of the 30 (thirty) day term for exercise of the preemptive rights resulting from the capital increase by the minority shareholders of NET, NET shall send a written notice to HTI informing the amount of preferred shares which have been allocated to HTI and deliver to HTI, on the Business Day following the full settlement of NET'S minority shareholders, the gross amounts, if any, received from the minority shareholders of NET who exercised their preemptive rights.
4.4. At Closing, HTI shall deliver to NET all the corporate approvals which are required under the laws of the jurisdiction in which it has been incorporated and in its by-laws as well as take any and all necessary measures, and provide NET with proper evidence of, the transfer of the ownership of the Seller's Shares to NET in payment of the NET Shares for which it has subscribed in the capital increase.