Each Group Company definition
Each Group Company s individual accounts (as that term is used in section 226 of the Act) and the statement of cashflow and the Group's group accounts (as that term is used in section 227 of the Act) and the consolidated statement of cashflow and the other documents which are required by law to be annexed to those accounts;
Each Group Company has complied with:
16.10.1 each obligation imposed on it by, and each order and award made under, statute, regulation, code for conduct and practice, collective agreement, custom and practice relevant to relations between it and its employees or a trade union or the terms of employment of its employees; and
16.10.2 each recommendation made by the Advisory, Conciliation and Arbitration Service and each award and declaration made by the Central Arbitration Committee.
Each Group Company means each member of the Group which shall include but not limited to the Company. Material Adverse Change means any change, event or effect that individually or collectively have or is reasonably expected to have a material adverse effect on the value of the Sale Shares, the business, results of operations, assets, financial condition, development prospect of any Group Company or the transactions contemplated by this Agreement (including without limitation any change of governing laws or the change or deterioration of local or international pharmaceutical markets). Taxation means all forms of tax, duty, levy and/or customs duties imposed by any governmental authority or any regulatory body in Hong Kong, PRC, or elsewhere, including without limitation, profits tax, provisional profits tax, interest tax, property tax, real estate tax, land use fees, increment tax on land value, income tax, value added tax, withholding tax, individual income tax, stamp duty, capital duty, estate duty, contribution and any interest, fine, penalty and surcharge in connection with any such taxation. Sale Shares means the 10.2 million shares in the Company held by the Vendors representing 51% of the issued share capital of the Company.
Examples of Each Group Company in a sentence
Each Group Company which is party to a Lease has accepted possession of the property demised pursuant to the Lease and is in actual possession thereof and has not sublet, assigned or hypothecated its leasehold interest.
Each Group Company is qualified to do business and is in good standing (or equivalent status in the relevant jurisdiction) in each jurisdiction.
Each Group Company maintains, and has fully funded, each Benefit Plan and any other labor-related plans that it is required by Law or by Contract to maintain.
Each Group Company maintains and will continue to maintain a standard system of accounting established and administered in accordance with generally accepted accounting principles as required in the jurisdiction where it is incorporated.
Each Group Company has the requisite corporate, limited liability company or other applicable business entity power and authority to own, lease and operate its properties and to carry on its businesses as presently conducted, except where the failure to have such power or authority would not have a Company Material Adverse Effect.
More Definitions of Each Group Company
Each Group Company has complied with all relevant requirements of the Data Protection Act 1998 (including, without limitation, the data protection principles set out in that Act).
Each Group Company has fully complied with any relevant value added tax Law.
Each Group Company has obtained and has complied with the terms and conditions of each Permit.
Each Group Company has where necessary complied with the provisions of section 85 of the Finance ▇▇▇ ▇▇▇▇ (duty to furnish returns where person acquires shares in a company in certain circumstances).
Each Group Company. Covenantor's Group" means the Seller, its group undertakings (excluding the Company) and all of them and each of them from time to time as the context admits and "member of the Covenantor’s Group" shall be construed accordingly; "Deemed Tax Liability" means: (a) the loss, non-availability or reduction of any Accounts Relief, in which case the amount of the Deemed Tax Liability shall be the amount of Tax paid by the Company which would not have been paid but for such loss, non-availability or reduction; or (b) the utilisation or set-off of a Buyer's Relief available (or made available) to the Company against any Actual Tax Liability or against any income, profits or gains where, but for such setting off, the Buyer would have been entitled to make a claim under this deed, in which case the amount of the Deemed Tax Liability shall be equal to the amount which would have been payable by the Company but for the utilisation or set-off of that Buyer's Relief; "Finally Determined" means a Tax Claim which: (a) has been resolved by written agreement between the Covenantor and the Buyer; or (b) which is the subject of an order as to both liability and quantum made by a court or tribunal of competent jurisdiction or arbitration where either no right of appeal lies or the parties are debarred (whether by the passage of time or otherwise); "Group Relief" means any of the following: (a) relief surrendered or claimed pursuant to Part 5 or Part 5A of the CTA 2010; (b) a tax refund relating to an accounting period capable of being claimed or surrendered pursuant to section 963 of the CTA 2010; or
Each Group Company has fully complied with all relevant requirements of the Data Protection ▇▇▇ ▇▇▇▇ and the Data Protection Act 1998 including compliance with the following:
(a) the data protection principles established in that Act; (b) requests from data subjects for access to data held by it; (c) the requirements relating to the registration of data users.
Each Group Company has: (a) implemented appropriate technical and organisational measures to keep processed personal data strictly confidential and to protect personal data against accidental or unlawful destruction or accidental loss, alteration, unauthorised disclosure or access; and (b) in all material respects, aligned its cybersecurity practices with relevant industry standards.