Indivior Group definition
Examples of Indivior Group in a sentence
No member of the Indivior Group may seek reimbursement from RB (or any member of the RB Group) in respect of any Costs attributable to work commissioned by any Indivior Group company (or director or officer thereof) in connection with the Demerger except as provided in this Agreement.
Indivior shall bear or shall procure that the relevant Indivior Group Company shall bear the excess of the amount insured in respect of any such claim of an Indivior Group Company as referred to in paragraph 3, and RB shall bear or shall procure that the relevant RB Group Company shall bear the excess of the amount insured in respect of any such claim of an RB Group Company as referred to in paragraph 3.
Without prejudice to any entitlement of an Indivior Group Company under existing insurance arrangements in place in respect of the Current RB Group, RB confirms to Indivior (as to the RB Group) and Indivior confirms to RB (as to the Indivior Group) that such Group has put in place separate arrangements for the insurance that such Group deems appropriate with effect from Completion.
Any such costs will remain the responsibility of the relevant Indivior Group Company (even if the relevant invoice is addressed to a RB Group Company) unless agreed in writing with RB prior to the date of this Agreement.
RB shall procure that the proceeds which it receives (less an amount equal to any Tax payable thereon net of its payment hereunder) in connection with a coverage claim brought by any Indivior Group Company shall be paid promptly to the relevant Indivior Group Company that suffered the loss or liability underlying such proceeds and, pending such payment, such proceeds shall be held on trust for the relevant Indivior Group Company.
This Deed governs how certain matters and arrangements relating to Tax in respect of the RB Group and the Indivior Group are to be dealt with following the Demerger (that is to say it does not deal with any matters or arrangements relating to tax of the United States).
Separately, the US Tax Matters Agreement governs how certain matters and arrangements relating to tax of the United States in respect of the RB Group and the Indivior Group are to be dealt with following the Demerger.
It is intended by both parties that the Work Orders contained in Schedule 4 relate exclusively to work carried out for or on behalf of Indivior or any Indivior Group Member.
RB and Indivior agree that, as a consequence of the Demerger, participants in the RB Share Schemes who are employed by the Indivior Group as at the date of the Demerger shall with effect from and conditional upon the Demerger taking place, be entitled to receive the rights granted under the RB Share Schemes in accordance with the rules of each relevant RB Share Scheme.
RB shall prepare the Tax returns of the members of the RB Group for all Tax Periods and shall prepare the Tax returns of the members of the Indivior Group for all Tax Periods ended on or before Completion, in each case, to the extent that the same shall not have been submitted before Completion.