Cott Group definition
Examples of Cott Group in a sentence
Nothing in this Section 11 prohibits either party from disclosing any information to members of the Cott Group or Crown Group, as the case may be, or to their respective professional advisors.
After receipt of the 3-month rolling forecast, Crown’s production group will be responsible to conduct monthly calls, with the appropriate Crown and Cott designees, to work in a collaborative partnership to review and take corrective actions to resolve the issues identified by the team with the intent of continuously improving forecast efficiencies for both the Cott Group and Crown Group.
Information on the attached Schedule 6.15 includes a complete and accurate list of the jurisdiction of incorporation of each member of the Consolidated Cott Group and the percentage ownership interest of voting stock owned by the direct parent company in each such member.
An Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Event of Default hereunder unless such Agent has received notice from a Lender or a member of the Consolidated Cott Group referring to the Credit Document, describing such Default or Event of Default and stating that such notice is a "notice of default." In the event that an Agent receives such a notice, such Agent shall give prompt notice thereof to the Lenders.
During the period January 1, 1994 through December 31, 1995, RCC will manufacture and sell to BCB, and BCB will purchase, all of the Cott Group's worldwide requirements for cola concentrates or cola emulsions used in the production of cola concentrates used in the production of private label and Cott Group proprietary label fountain syrup (collectively 'PL Cola Fountain Syrup') produced or sold by or on behalf of the Cott Group.
Promptly upon receipt thereof, a copy of any other report or "management letter" submitted by independent accountants to a member of the Consolidated Cott Group in connection with any annual, interim or special audit of the books of the Consolidated Cott Group.
In the event that RCC repeatedly fails to deliver the volumes ordered by BCB in timely fashion, provided that such volumes do not exceed the amounts specified in BCB's most recent projections, and such repeated failures are reasonably determined by the Cott Group to have had, or may reasonably be expected to have in the future a material adverse effect on the Cott Group's financial condition or results of operations, then BCB may notify RCC in writing of such failures.
The provisions of this Article are solely for the benefit of the Agents and the Lenders and none of the members of the Consolidated Cott Group shall have any rights as a third party beneficiary of the provisions hereof.
The Cott Group and RCC agree not to solicit for hire key employees from each other's organizations.
The proceeds of the Loans hereunder will be used solely (a) for repayment of certain amounts of existing Funded Debt of the Consolidated Cott Group to the extent permitted under this 95 102 Agreement, (b) for general corporate and working capital purposes of each Borrower in the ordinary course of business and (c) as otherwise permitted under this Agreement.