Group related definition

Group related means two or more entities which (i) directly or indirectly are controlled by the same group of shareholders or (ii) which are under common management.

Group related means two or more entities which (i) directly or indirectly are controlled by the same group of shareholders or (ii) which are under common management. Two parties may be considered to be group related by virtue of common management if they have the same manager or if they have different managers that have entered into an agreement providing for a common management of the lender and the borrower. In determining an arm's length price the approach taken in the OECD transfer pricing guidelines is generally applied.

Group related means two or more entities which (i) directly or indirectly are controlled by the same group of shareholders or (ii) which are under common management. The lender and the Danish borrower may be considered to be group related by virtue of common management if they have the same manager or if they have different managers that have entered into an agreement providing for a common management of the lender and the borrower. Not only taxable legal entities are considered as entities for purposes of group relation; also fiscally transparent entities may be considered if they are governed by rules of corporate law, a corporate law agreement or articles of association“. In practice, no filing claims apply to be exempt from withholding tax if the recipient is not group related with the borrower or if the recipient can claim exemption pursuant to (b) or (c), above. In the cases (d)-(f) a 25% tax is to be withheld at source and the recipient will need to reclaim the withholding tax by completing reclaim form 06.026 with the tax authorities enclosed with such documentation which substantiates eligibility for exemption under the relevant exception. According to a statement from the Danish ministry of taxation in 2000 the Danish tax authorities will confirm that also pension funds and investment funds are considered as tax residents in Denmark, irrespective of the fact that they do not pay corporate tax on their income.

Examples of Group related in a sentence

• During the term of this Agreement, the Employee will create, develop and contribute for consideration certain ideas, plans, calculations, technical specifications, works of authorship, inventions, information, data, formulas, models, reports, processes, photographs, marks, designs, computer code, concepts and/or other proprietary materials to the Company Group related to the operation or promotion of the business of the Company Group (collectively, the “Work”).

• The cumulative aggregate liability of us and all of our affiliates and licensors to you the Customer and all of your Customer Group related under the Governing Agreement whether in contract tort or otherwise, will not exceed the amount of the fees paid or payable to us in the twelve (12) months immediately preceding the claim.

• By agreeing to these terms and conditions, you waive any provision under the laws and regulations of any jurisdiction that would, in the absence of such waiver, prevent or inhibit our compliance with applicable law as described in this paragraph including, but not limited to preventing (i) you from providing any requested information or documentation, or (ii) the disclosure by us or our Group related entities of the provided information or documentation to applicable governmental or regulatory authorities.

• This is total revenue which is contractually due to the Group, subject to the performance of the obligation of the Group related to these revenues.

• Road Design Standards 1) General In order to provide for roads of suitable location, width and improvement to accommodate prospective traffic and afford satisfactory access to police, emergency vehicles, fire fighting, snow removal, sanitation and road maintenance equipment and school buses, the following design standards are hereby required.

• The main covenants which are to be complied by the Group related to the financial performance of the Group companies, change in the assets level and usage of loan funds in accordance with the stated purpose.

• No financial commitments are expected for the Group related to the liquidation.

• It applies not only to conduct within the buildings used by the CEU Group (including the CEU Residence and Conference Center and other dormitory facilities that may be provided by the CEU Group), but also to CEU Group- related activities that may occur elsewhere, such as on field trips, at CEU Group-sponsored events, at occasions related to the educational mission of the CEU Group.

• There are no income tax consequences for the Group related to the payment of dividends by the Company to its shareholders.

• Our hedging activities or the hedging activities of the companies within the Macquarie Group related to the CBBCs and/or other financial instruments issued by us from time to time may have an impact on the price or level of the Underlying Instruments and may trigger a mandatory call event.