Authorised Group Company definition

Authorised Group Company means in relation to the Client, any other company expressly identified as an Authorised Group Company in the Primary Schedule with which it is under Common Control. A company expressly identified as an Authorised Group Company in the Primary Schedule shall only be an Authorised Group Company for so long as it is a company under such Common Control.
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Authorised Group Company means a Group Company of the Tenant who is carrying on materially the same trade or business as [Insert name of initial tenant];121
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Authorised Group Company a Group Company of the Tenant who is carrying on materially the same trade or business as [NAME OF INITIAL TENANT];131 “Base Rent” [80%] of the Main Rent reserved under this Lease;132 [“Default On-Account Payment”133 [AMOUNT IN FIGURES];134] “Normal Shopping Day” any day on which [the majority of the shops within the Estate are open for business135][the Tenant should be open for business in accordance with its obligations in paragraph 8.1136] and “Normal Shopping Days” has a corresponding meaning; “On-Account Payment” in respect of the first Turnover Period £[AMOUNT]; and in respect of each succeeding Turnover Period: up to the date of service of a demand in accordance with paragraph 4.3 for the preceding Turnover Period, the On-Account Payment for the preceding Turnover Period; and from and including the date of service of a demand in accordance with paragraph 4.3 for the preceding Turnover Period, [one-quarter][one-twelfth] of the Turnover Rent payable in respect of the preceding Turnover Period;137 the amount by which the Specified Percentage of the Turnover in each On-Account Period exceeds the Base Rent payable in respect of that On-Account Period;138 “On-Account Period” each period starting on a Rent Day and ending on the day before the following Rent Day but: the first On-Account Period will be the period starting on the [Rent Commencement Date] and ending on the day before the following Rent Day; and the last On-Account Period will be the period starting on the last Rent Day before the Turnover End Date and ending on the Turnover End Date; [“On-Account Turnover Certificate” the certificate to be provided by the Tenant in accordance with paragraph 3.2;139] “Records” all books and other documents, records or information (including computer tapes, discs and other storage systems, cash register tapes, bank statements, Till Rolls and any tax returns that relate to VAT or any similar or substituted tax) that are or ought in the reasonable opinion of the Landlord to be kept by the Tenant for the purpose of ascertaining and verifying the Turnover;
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More Definitions of Authorised Group Company

Authorised Group Company a Group Company of the Tenant who is carrying on materially the same trade or business as [NAME OF INITIAL TENANT];137 “Base Rent” [80%] of the Main Rent reserved under this Lease;138 [“Default On-Account Payment”139 [AMOUNT IN FIGURES];140] “Normal Shopping Day”
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Related to Authorised Group Company

  • Group Company means any one of them;

  • authorised person means the Client or any person (including any individual or entity) authorised by the Client to act on its behalf in the performance of any act, discretion or duty under this Agreement (including, for the avoidance of doubt, any officer or employee of such person) in a notice reasonably acceptable to the Custodian.

  • Material Group Company means, at any time:

  • Target Company means each of the Company and its direct and indirect Subsidiaries.

  • Relevant Party means the Borrower, each of the Owners, any other Security Party and each member of the Group from time to time;

  • Group Companies means the Company and its Subsidiaries.

  • Authorised Representatives the persons respectively designated as such by the Authority and the Supplier, the first such persons being set out in Schedule 4. Bribery Act: the Xxxxxxx Xxx 0000 and any subordinate legislation made under that Act from time to time together with any guidance or codes of practice issued by the relevant government department concerning the legislation. Change: any change to this agreement including to any of the Services. Change Control Note: the written record of a Change agreed or to be agreed by the parties pursuant to the Change Control Procedure.

  • authorised development means the development and associated development described in Schedule 1 (authorised development) and any other development authorised by this Order, which is development within the meaning of section 32 of the 2008 Act;