Group Company Assets definition

Group Company Assets means the assets of the Group Companies as of the Closing Date.
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Group Company Assets means all assets used or held for use by Seller Group or its Affiliates in or otherwise related to the Business, including, for the avoidance of doubt and without limitation, all assets used or held for use by the Group Companies (excluding the Disposed Assets) and all Acquired Assets.
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Group Company Assets means the Offshore Assets and the Onshore Assets.
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Examples of Group Company Assets in a sentence

  • The Group Company Assets are adequate to conduct the business of the Group Companies in all material respects substantially in accordance with past practice.

  • Since October 3, 2013, the Group Company Assets have been maintained and repaired in all material respects in the same manner as a prudent operator would maintain and repair such assets and have been used by the Group Companies in the ordinary course of business and remain as of the date hereof in suitable and adequate condition for such continued use excluding normal wear and tear.

  • Except as set forth in Schedule 3.05 of the Disclosure Schedule, there is no agreement, contract or other instrument binding upon any member of the Seller Group, any Group Company, the Business or the Group Company Assets requiring a consent or other action by any Person as a result of the execution, delivery and performance of any Transaction Document.

  • Each Group Company has furnished to Buyer a list of, and true and complete copies of, all insurance policies relating to the Group Company Assets, the business and operations of the Business and its officers and employees.

  • Except in the case of fraud or willful or intentional misconduct or as required by Applicable Law, neither Buyer nor Seller, after the consummation of the Closing, shall have the right to rescind the purchase and sale of the Group Company Assets.

  • There are no developments affecting any of the Group Company Assets pending or, to the best knowledge of any Group Company, threatened, which might materially detract from the value, materially interfere with any present or intended use or materially adversely affect the marketability of such Group Company Assets.

  • Each member of Seller Group hereby agrees that the foregoing agreements shall apply mutatis mutandis with respect to the other Group Companies and the other Group Company Assets and agrees to cause its Affiliates to take such actions as necessary or desirable to give effect to such agreements.

  • The books of account and other financial records, minute books, share record books, and other records of the Group Companies and of the Seller Group and its Affiliates relating to the Group Company Assets or the Business (the “Books and Records”) are true and complete and have been maintained in accordance with sound business practices.

  • Schedule 3.18 of the Disclosure Schedule correctly describes each material license, franchise, permit, certificate, approval or other similar authorization affecting, or relating in any way to, the Group Company Assets or the Business (the “Permits”) together with the name of the Governmental Authority issuing such Permit.

  • There is no judgment, decree, injunction, rule or order of any arbitrator or Governmental Authority outstanding against any Group Company that has had or would reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect on the Group Company Assets or the Business or that in any manner seeks to prevent, enjoin, alter or materially delay the consummation of the transactions contemplated by the Transaction Documents.

Related to Group Company Assets

  • Company Assets means all assets and property, whether tangible or intangible and whether real, personal or mixed, at any time owned by the Company.

  • Group Companies means the Company and its Subsidiaries.

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • Acquired Companies means, collectively, the Company and the Company Subsidiaries.

  • Assets has the meaning set forth in Section 2.1.

  • Target Companies means the Company and its Subsidiaries.

  • Group Company means any one of them;

  • Ancillary Assets means sovereign debt in the currency of denomination of the ETP Securities with an original maturity of less than one month which is rated at least A-1 by Standard & Poor's Ratings Services, and/or P-1 by Moody's Investors Service Ltd. and/or F1 by Fitch Ratings Limited.

  • Peer Group Companies means the following companies: .

  • Contributed Assets shall have the meaning as set forth in Section 2.2.

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • Divestiture Assets means all of Defendants’ rights, titles, and interests in and to:

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • Business Assets means all tangible and intangible property and assets owned (either directly or indirectly), leased, licensed, loaned, operated or used, including all real property, fixed assets, facilities, equipment, inventories and accounts receivable, by the Corporation and the Subsidiaries in connection with the Business;

  • Acquired Corporations means the Company and each of its Subsidiaries, collectively.

  • Seller Group Member means (a) Seller and its Affiliates, (b) directors, officers and employees of Seller and its Affiliates and (c) the successors and assigns of the foregoing.

  • Acquired Company means any business, corporation or other entity acquired by the Company or any Subsidiary.

  • Transferred Entities means the entities set forth on Schedule 1.5.

  • Company IT Assets means any and all computers, computer software, source code, firmware, middleware, servers, workstations, routers, hubs, switches, data communications lines and all other information technology systems and equipment, and all associated documentation owned by the Company or any of its Subsidiaries or licensed or leased to the Company or any of its Subsidiaries (excluding any public networks).

  • Acquired Entities means the Company and each of its Subsidiaries, collectively.

  • Partnership Group Member means any member of the Partnership Group.

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Buyer Group Member means Buyer and its Affiliates and their respective successors and assigns.

  • Company Group Member means each member of the Company Group.