Examples of GO Group in a sentence
The rents chargeable by the MPC Group to the GO Group will continue to be based on commercial rental rates and respective lease agreements entered shall remain on an arms-length basis.
Where applicable in this clause L, any limitations of liability and indemnity will extend to the GO Group, GO directors, officials, employees, sub-contractors and agents.
Deepak Padmanabhan, Paul Stephen Testaferrata Moroni Viani, Edmond Brincat and Nikhil Patil are directors and/or senior officers of companies forming part of the MPC Group and the GO Group.
Since incorporation, the Company (including its subsidiaries) formed part of the GO Group which comprises GO p.l.c. and its subsidiaries.
Other principal items on the balance sheet include: amounts receivable from the GO Group of €4.4 million, loans payable to the GO Group of €49.5 million, and deferred tax liability of €6.1 million.During the financial year ended 31 December 2014, the MPC Group generated net rental income of €3.0 million (FY2013: €3.0 million).
The main movement in the nine-month period related to the transfer of ownership of the St George’s Exchange from the GO Group to the MPC Group for the consideration of €2.2 million.
The said acquisitions were funded by loans advanced by the GO Group, which are due for repayment by not later than 30 September 2017.As at 31 December 2014, the aggregate fair market value of the Company’s Properties amounted to €50.6 million.
During 2015, the MPC Group set up its own operating structure with the intention to reduce the MPC Group’s dependency, in terms of administrative resources, on the GO Group.
On an ongoing basis, it is expected that the GO Group will further its investment in more advanced technology and in so doing will seek to scale down the property footprint required for the deployment of such new equipment.
As a result of this focused strategy, in spite of significant and intense competition and shrinking profitability in the telecommunications industry, GO Group continues to outperform the sector, increase its total customer connections and achieve improved levels of profitability.