Common use of Corporate Benefit Clause in Contracts

Corporate Benefit. Having taken into account the financial interdependence and mutual reliance between such Acceding Subsidiary Guarantor, the Company and the Parent and its Subsidiaries, the continuing financial and other assistance from time to time given by such Acceding Subsidiary Guarantor to the Company and the Parent and its Subsidiaries, and vice versa, such Acceding Subsidiary Guarantor will derive material benefits, directly or indirectly from the financing obtained through the Notes, both as a separate corporate entity and as a member of the Group.

Appears in 3 contracts

Samples: Subsidiary Guarantee (Luxottica Group Spa), Subsidiary Guarantee (Luxottica Group Spa), Subsidiary Guarantee (Luxottica Group Spa)

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Corporate Benefit. Having taken into account the financial interdependence and mutual reliance between such Acceding the Company, the Initial Subsidiary Guarantor, the Company and the Parent and its Subsidiaries, the continuing financial and other assistance from time to time given by such Acceding the Initial Subsidiary Guarantor to the Company and the Parent and its Subsidiaries, and vice versa, such Acceding the Initial Subsidiary Guarantor and the Parent will derive material benefits, directly or indirectly indirectly, from the financing obtained through the Notes, both as a separate corporate entity entities and as a member members of the Group.

Appears in 2 contracts

Samples: Note Purchase Agreement (Luxottica Group Spa), Note Purchase Agreement (Luxottica Group Spa)

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