Beneficiary Company definition
Examples of Beneficiary Company in a sentence
These Permissioning and Entitlement Systems shall guarantee that every user —whether it belongs to the Contracting Party, a Beneficiary Company, or a Client of either of the foregoing— accesses exclusively the Licensed Data to which it is authorised.
Internal Use by (a) the Contracting Party, (b) a Beneficiary Company, (c) the Beneficiary Companies, (d) the Contracting Party’s Group, (e) one of the Clients of the Contracting Party or (f) a third party, shall be deemed the usage carried out, respectively, by the companies referred to before, their employees, directors, legal representatives and its technical equipments and tools when this usage does not entail its re-distribution outside the scope of the referred company.
For the purposes of this Agreement, the companies affected by the revocation shall be treated as Clients of the Contracting Party’s Group, and shall sign the corresponding Agreement for the Provision of Data Services with the Contracting Party or the corresponding Beneficiary Company in the terms set forth under this Agreement.
The Contracting Party shall specify in it the legal names, postal addresses and corresponding websites (URLs) of the referred Beneficiary Companies, as well as the relationship between each Beneficiary Company and the Contracting Party.
The list shall specify the Information Products each referred company supplies to the Contracting Party and to every respective Beneficiary Company.
The Contracting Party shall specify in the Particular Conditions Section of this Agreement the connection method (direct and/or indirect) used by the Contracting Party and every Beneficiary Company to receive the Licensed Data.
Accordingly, the Beneficiary Company will not compensate for fractional shares, if any, nor make any balancing payment.
Moreover, the benefit and the burden of the performance after the Completion Date, of all the agreements to which the Contributing Company is party and which are listed in Schedule (C) (iii) shall be transferred to the Beneficiary Company as from the Completion Date.
Pursuant to section 31.6 of the LME it is hereby stated that insofar as the share capital of the Beneficiary Company is not increased, this information is not required by application of the provisions of sections 49 and 52 of the LME.
Pursuant to section 31.4 of the LME, it is hereby stated that there are no special rights or holders of securities other than those representing the share capital in the Segregated Company and that no rights will be granted and no options will be offered of any kind in the Beneficiary Company.