Examples of GCP Group in a sentence
There is no assurance that further formal claims will not be made against the Company by GCP Group or other related parties.
On 21 March 2014, the Company was granted the final award pursuant to the arbitration, whereby the Arbitrator declared various judgements in favour of the Company, including that the GCP Group shall return all assets of Infinity to the control of the Company, the net damages award to the Company being USD$1,850 with interest, and the GCP Group must pay costs to the Company in the amount of $431,532 with interest.
On 5 December 2013, the Company was granted a partial award in the arbitration proceedings (the “Arbitration Findings”) against the GCP Group.
Scape Living does not intend to make any changes to the conditions of employment or the balance of skills and functions of any employees of the GCP Group that transfer to the Scape Living Group.
Following the Effective Date and the Transfer of Employees, to the extent any employees remain employed by the GCP Group, there may be a small and non-material reduction in headcount (subject to any informing and consulting obligations) within the central corporate and support functions including listed company-related functions, following GCP ceasing to be a listed company.
Scape Living attaches great importance to the skill of the employees of the GCP Group that are predominantly assigned to the Scape Living Transfer Assets.
There may be a small non-material reduction in headcount following the Transfer of Employees, to the extent any employee of the GCP Group transfers (a) across to the Scape Living Group when such employee was intended under the terms of the Separation Agreement to transfer to the iQ Group or (b) across to the iQ Group when such employee was intended under the terms of the Separation Agreement to transfer to the Scape Living Group.
GCP will cause to be performed, and hereby guarantees the performance of, all actions, agreements and obligations set forth in this Agreement or in any Ancillary Agreement to be performed by any member of the GCP Group.
Scape Living and iQ do not intend to make any changes to the conditions of employment or the balance of skills and functions of the employees and management of the GCP Group (otherthan to the extent any employees transfer to the Scape Living Group or the iQ Group by operation of law).
To the extent that the Grace Group or the GCP Group is allocated more than its pro rata portion of such premium due to the timing of losses submitted to Grace’s insurance carrier(s), the other party shall promptly pay the first party an amount so that each Group has been properly allocated its pro rata portion of the reinstatement premium.