Company Group Business definition

Company Group Business means the business conducted by the Company Group as of the date hereof.

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Company Group Business means (a) any business activity involving or relating to (i) the manufacture and/or sale of drilling fluid systems or related products and services in the energy industry, or (ii) the manufacture, rental, and/or sale of composite mats, or (b) any other business activity in which the Company Group is engaged as of the Retirement Date (as defined below).

Company Group Business means and includes, with respect to any date, all businesses engaged in by any Member.

Examples of Company Group Business in a sentence

• Third parties supporting the Company Group Business, such as Company contractors and subcontractors, shall be entitled to access and use Services, but only as necessary or appropriate for their delivery of services supporting the Company Group business.

• Notwithstanding anything herein to the contrary, the Buyer shall not, and shall cause its Affiliates and their respective Representatives not to, contact any Advisory Client or other existing or potential investor or investee regarding the Company Group Business or the transaction.

• Except as disclosed in the Buyer SEC Reports, to the Knowledge of Buyer, as of the date hereof, neither Buyer nor any of its Subsidiaries is a party to any binding or non-binding Contract, including letters of intent or term sheets, involving the acquisition or sale, directly or indirectly, by merger, consolidation, equity transaction, asset transaction or otherwise, of any Interests in Buyer or any of its material Subsidiaries or any material business or Person engaged in the Company Group Business.

• The Company Group Business is, and at all times has been, conducted within the United States of America other than purchases of foreign sourced inventory and supplies.

• The Company Group Business and the Company Group Assets are, and since January 1, 2020 have been, in material compliance with all Environmental Laws and Environmental Authorizations.

• There are no material Claims pending or, to the Knowledge of Seller, threatened under any Environmental Law against the Company Group or the Company Group Business or the Company Group Assets, and neither the Company Group nor any of its Affiliates has otherwise received written notice from any Governmental Authority or other Person of any material alleged violation of, non-compliance with, or liability under, any Environmental Law with respect to the Company Group Business or the Company Group Assets.

• This Agreement and the rights under this Agreement may not be assigned by Buyer without the prior written consent of Seller; provided, Buyer may assign without Seller’s consent the provisions and benefits of this Agreement to any Affiliate or to any transferee of all or substantially all of the Company Group Business.

• Except as set forth on Schedule 5.22, all Books and Records are located at the premises of the Company Group Business to which such Books and Records primarily relate, have been maintained in accordance with applicable Legal Requirements in all material respects, and comprise all of the material Books and Records relating to the Company Group’s ownership and operation of the Company Group Business and the Company Group Assets.

• To the Knowledge of Seller, there are no underground storage tanks currently or formerly used by the Company Group or any of its Affiliates in the operation of the Company Group Business.

• All fixed assets used by any Member that are material to the operation of the Company Group Business are owned by the applicable Member.

More Definitions of Company Group Business

Company Group Business means the business and operations performed by each of the members of the Company Group or other products or services that are functionally equivalent.

Company Group Business means the business and operations currently conducted by the Company Group, which includes the business and operations related to sponsoring, offering and management of the Company Funds and any successor fund thereof. For the avoidance of doubt, the Company Group Business excludes (x) the Company Funds, in and of themselves, (y) any Subsidiary of the Company Funds, and (z) the Excluded Company Group Assets (other than the Persons set forth on Section 1.1(b) of the Company Disclosure Letter).