Dell Group definition

Dell Group means Dell and each Dell Affiliate.

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Dell Group means the Affiliated Group, or similar group of entities as defined under corresponding provisions of the laws of other jurisdictions, of which Dell is the common parent corporation, and any corporation or other entity that may be, may have been or may become a member of such group from time to time, but excluding any member of the VMware Group.

Dell Group means Dell Technologies Inc. and each other legal entity (including without limitation, any corporation, partnership, limited liability company, association, trust and any other legal form of organization) of which Dell Technologies Inc. is the beneficial owner of voting interests representing twenty percent (20%) or more in voting power of the outstanding voting interests in such entity, and any other legal entity that directly or indirectly is controlled by, is under common control with or controls Dell Technologies Inc.

Examples of Dell Group in a sentence

• All liabilities related to the compensation of employees of the Spyglass Group shall be allocated between the Dell Group and the Spyglass Group pursuant to the Employee Matters Agreement.

• If the VMware Separate Tax Liability for such taxable period is less than zero, then Dell shall pay to VMware an amount equal to the Tax Benefit that the Dell Group anticipates it will recognize for the entire year as a result of the VMware Separate Tax Liability being less than zero for such taxable period.

• Dell and each member of the Dell Group shall jointly and severally indemnify VMware, each VMware Affiliate, and their respective directors, officers and employees, and hold them harmless from and against any cost, fine, penalty, or other expense of any kind attributable to the failure of Dell or any Dell Affiliate in supplying VMware or any VMware Affiliate with inaccurate or incomplete information, in connection with the preparation of any Tax Return.

• Spyglass shall hold Dell harmless for any penalty, addition to Tax or interest payable by any member of the Dell Group as a result of any such event.

• The Parties acknowledge that the Dell Group or the SecureWorks Group may provide administrative services for certain of the other Party’s benefit programs for a transitional period under the terms of the Shared Services Agreement.

• The SecureWorks Group shall have sole Liability for any nonqualified deferred compensation plan established by a member of the SecureWorks Group on or after the Effective Date, and no member of the Dell Group shall have any Liability with respect to such Plan.

• This Agreement addresses the employee benefit plans, programs and policies of the Dell Group and the SecureWorks Group that might be impacted by the IPO.

• Prior to the Effective Date, the employment of the Schedule A-1 Employees shall be transferred to the Dell Group and such Employees shall become U.S. Dell Group Employees.

• If additional premiums are payable on any Dell Group insurance policies after the Distribution Date as a result of an insurance carrier’s retrospective audit of an insured exposure, each of Dell and VMware shall be responsible for its respective share of any such additional premium.

• Except as otherwise provided in this Agreement, the SecureWorks Group shall have sole Liability and no member of the Dell Group has any Liability or obligations whatsoever with respect to Claims Incurred and Gross Compensation Costs before, on or after the Effective Date by or with respect to any U.S. SecureWorks Business Employee in connection with any such individual’s employment or the participation of such individual in any Dell Plans or SecureWorks Plans.

More Definitions of Dell Group

Dell Group means Dell and each of its Subsidiaries, but excluding any member of Company Group or VMware Group.

Dell Group means Dell and each Person that is a Subsidiary or a controlled Affiliate of Dell (other than any member of the VMware Group). “Dell Indemnitees” has the meaning as set forth in Section 9.1.