KEL Group definition

KEL Group means KEL and each of its direct and indirect subsidiaries.
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KEL Group means the entities listed in Schedule 3.
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Examples of KEL Group in a sentence

  • Each Obligor that has entered into a Security Document that creates, or purports to create, a Security Interest over any shares shall (and the Original Borrower shall ensure that each other member of the KEL Group will) ensure that no company whose shares are subject to such Security Interest and which is incorporated in the United Kingdom keeps information in respect of its members on the central register kept by the Registrar at Companies House.

  • Any action taken by the Company and the Scheme Manager in accordance with this Scheme will not constitute a breach of the Existing Facility Agreements, Existing Security Documents, Existing Guarantees, the Notes Transaction Documents or any other agreements, deeds, letters, guarantees and other documents binding on the Company, any member of the KEL Group or its assets.

  • The Obligors shall use reasonable endeavours to achieve carbon neutrality in respect of scope 1 and 2 CO2 emissions/emissions intensity for operated activities or facilities for the KEL Group (excluding any members of the KEL Group which were not members of the KEL Group on 12 May 2021) by or prior to 2030.

  • We allow some flexibility depending on circumstances and the size of the grant/state or scope of proposed grantee work.

  • As announced by the Company on 14 August 2019, the lower oil prices and lower sales have impacted its revenue for 1H2019 and the net loss for 1H2019 resulted in a capital deficiency position for the KEL Group, bringing the total debt recognised on the KEL Group’s balance sheet to approximately US$476.8 million as at 30 June 2019.

  • Pursuant to the DRA, the Company has undertaken to procure that the KEL Group be granted credit facilities of up to HK$50 million.

  • INTERESTS IN SUBSIDIARIES (continued) On 26 April 2000, the Company entered into a conditional debt restructuring and share subscription agreement (“DRA”) with KEL and certain of its subsidiaries (collectively the “KEL Group”), Wonderland Development Limited (“Wonderland”), the former holding company of the KEL Group, and certain of the KEL Group’s bank creditors.

  • Because there are numerous disputes and claims between the KEL Group and its contract employers, suppliers, subcontractors and subcontractors’ employees, the directors have not been able to negotiate and agree final completion accounts for these terminated, ceased or inactive construction contracts.

  • Under the Agreement, the KEL Group will admit to an amount of HK$56 million claimed by the surety in respect of the KEL Group’s performance bonds paid before 31 March 1999 and such an amount will be submitted by the surety to the scheme administrator of the KEL Group’s schemes of arrangement.

  • PROVISION FOR SCHEME DEBTS The KEL Group made a scheme debt provision in prior years.

Related to KEL Group

  • DBS Group means DBS Bank Ltd, its subsidiaries, affiliates, branches and related companies.

  • MNE Group means any Group that (i) includes two or more enterprises the tax residences of which are in different jurisdictions, or includes an enterprise that is resident for tax purposes in one jurisdiction and is subject to tax with respect to the business carried out through a permanent establishment in another jurisdiction, and (ii) is not an Excluded MNE Group;

  • financial group means a group that consists of a legal person or legal arrangement exercising control and coordinating functions over the rest of the group for the application of group supervision under the Core Principles, and its branches and subsidiaries that are financial institutions as defined in section 27A(6) of the MAS Act or the equivalent financial institutions outside Singapore;

  • SAP Group means SAP Parent and any of its Associated Companies.

  • SAP Parent means SAP SE, a European Company (Societas Europaea, SE) established under the laws of Germany and the European Union, registered with the commercial register of the local court of Mannheim, Germany, under HRB 719915, with registered office in Walldorf, Germany, and business address at Dietmar-Hopp-Allee 16, 69190 Walldorf, Germany.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • lone parent means a person who has no partner and who is responsible for and a member of the same household as a child or young person;

  • Management Group means the group consisting of the directors, executive officers and other management personnel of the Issuer or any direct or indirect parent of the Issuer, as the case may be, on the Issue Date together with (1) any new directors whose election by such boards of directors or whose nomination for election by the shareholders of the Issuer or any direct or indirect parent of the Issuer, as applicable, was approved by a vote of a majority of the directors of the Issuer or any direct or indirect parent of the Issuer, as applicable, then still in office who were either directors on the Issue Date or whose election or nomination was previously so approved and (2) executive officers and other management personnel of the Issuer or any direct or indirect parent of the Issuer, as applicable, hired at a time when the directors on the Issue Date together with the directors so approved constituted a majority of the directors of the Issuer or any direct or indirect parent of the Issuer, as applicable.

  • Holdings as defined in the preamble hereto.

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;

  • Intermediate Holding Company means any Subsidiary of Holdings (of which Holdings, directly or indirectly, owns 100% of the issued and outstanding Equity Interests) that, directly or indirectly, owns 100% of the issued and outstanding Equity Interests of the Lead Borrower.

  • Xxxx Group means collectively Xxxx Capital Fund V, L.P., Xxxx Capital Fund V-B, L.P., BCIP Associates, BCIP Trust Associates, L.P. and Xxxxxxxx Street Partners.

  • Other Founding Companies means all of the Founding Companies other than the Company.

  • Founding Companies has the meaning set forth in the third recital of this Agreement.

  • Restricted Group Collectively, the following persons and entities: the Trustee; the Underwriters; the Depositor; the Master Servicer; the Special Servicer; any Sub-Servicers; the Sponsors; each Mortgagor, if any, with respect to Mortgage Loans constituting more than 5% of the total unamortized principal balance of all the Mortgage Loans in the Trust Fund as of the Closing Date; and any and all Affiliates of any of the aforementioned Persons.

  • Consolidated Group means the Borrower and all Subsidiaries which are consolidated with it for financial reporting purposes under GAAP.

  • Corporate Group means the Corporation and its Subsidiaries treated as a single consolidated entity.

  • Spinco Subsidiaries means all direct and indirect Subsidiaries of Spinco immediately following the Contribution.

  • Group the Company and its subsidiaries

  • Local Distribution Company or “LDC” means a Person licensed by the OEB as a “Distributor” in connection with a Distribution System.

  • Advisory Group means the environmental flows

  • Cendant means Cendant Corporation, a Delaware corporation.

  • Direct holdings means all publicly traded securities of a company that are held directly by the state treasurer or a retirement system in an actively managed account or fund in which the retirement system owns all shares or interests.

  • Bank Holding Company means a company registered as such with the Board of Governors of the Federal Reserve System pursuant to 12 U.S.C. §1842 and the regulations of the Board of Governors of the Federal Reserve System thereunder.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

  • Xxxxx Group means Xxxxx and any Affiliate of Xxxxx.