DG Group definition
Examples of DG Group in a sentence
The SpinCo Group shall: (i) at all times until paid to a member of the DG Group, hold Insurance Proceeds received for or with respect to Insured DG Liabilities in trust for the benefit of DG; and (ii) promptly remit such Insurance Proceeds to DG.
Notwithstanding the foregoing, each member of the DG Group and SpinCo Group shall be required to use its respective commercially reasonable efforts to collect or recover any available Insurance Proceeds.
The consideration paid by Foxtons for the D&G Group was £15.5m with a cash balance left in the business of £3.9m which was in excess of its working capital requirements and known liabilities.
Following the Redemption, DG shall prepare or cause to be prepared and timely file (taking into account applicable extensions), all Tax Returns that include any member of the DG Group that are required to be filed after the Redemption Date, except for any such Tax Return that is a SpinCo Filed Tax Return (each, a “DG Filed Tax Return”).
Each member of the DG Group hereby irrevocably authorizes and designates SpinCo as its agent, coordinator and administrator for the purpose of taking any and all actions necessary or incidental to the filing of any such SpinCo Filed Tax Returns and, except as otherwise provided herein, for the purpose of making payments to, or collecting refunds from, any Governmental Authority in respect of a SpinCo Filed Tax Return.
All costs and expenses relating to the preparation of the Proposed Transfer and application for the sanction of the Proposed Transfer, including the costs of the Independent Expert, shall be borne by DGI or another member of the D&G Group.
Prior to the Redemption, DG shall prepare or cause to be prepared and timely file (taking into account applicable extensions) all Tax Returns that include any member of the DG Group or the SpinCo Group that are required to be filed on or before the Redemption Date.
In connection with the Separation and Redemption, DG and SpinCo shall cooperate in determining the allocation of any Tax assets or other Tax attributes among the members of the DG Group and the members of the SpinCo Group for use in Post-Redemption Periods.
The DG Group shall: (i) at all times until paid to a member of the SpinCo Group, hold Insurance Proceeds received for or with respect to Insured SpinCo Liabilities in trust for the benefit of SpinCo; and (ii) promptly remit such Insurance Proceeds to SpinCo.
Hurley * Member AR Small Load Response Group; AR Small DG Group Alternate Vermont Energy Investment Corporation Temporary Alternate Harvard Dedicated Energy Limited; The Energy Consortium; Union of Concerned Scientists S.