No Group definition

No Group. I Mortgage Loan is a "High Cost Home Loan" as defined in New York Banking Law 6-1;
No Group member has used any open source software or any other freely shared or freely distributed software ("Open Source Software") and, without limiting the generality of the foregoing, none of the Proprietary Software incorporates or is derived in any manner (in whole or in part) from any such software. Without limiting the generality of the foregoing, no Group member has used and none of the Proprietary Software contains any computer source code which: (A) is distributed through GNU's General Public Licence or Lessor/Library General Public Licence; (B) is made available by any person with any requirement that any software (or part thereof) into Which such software is incorporated be made available to any person or persons (whether in source code format or otherwise), be licensed to any person or persons under terms which allow the creation of derivative works, reverse engineering, reverse assembly or decompilation, be licensed to any person or persons with any right of redistribution or be usable by any person or persons with immunity from the enforcement of any Intellectual Property Rights; or (C) would otherwise oblige any Group member to make any Proprietary Software (or part thereof) available to any person or persons or make any Proprietary Software (or part thereof) useable by any person or persons with immunity from the enforcement of any Intellectual Property Rights.
No Group. Entity is currently Handling, nor in the past has Handled, any Materials of Environmental Concern in any material quantity at, on or from any property or facility owned, leased, operated or occupied by any of them, including any previously owned, leased, operated or occupied property or facility. To the Company's knowledge, no Group Entity is the subject of any federal, state, local or foreign investigation, and no Group Entity has received any written notice or claim, or entered into any negotiations or agreements with any third party, relating to any liability or remedial action or potential liability or remedial action under Environmental Laws, and there are no pending or, to the Company's knowledge, threatened actions, suits or proceedings against or affecting the Group Entities, or their properties, assets or operations, in connection with any such Environmental Laws that if adversely determined, might result in any Material Adverse Change in the Group Entities. There are no past or present Environmental Conditions that are, to the Company's knowledge, likely to form the basis of any claim under existing law against them which might result in any Material Adverse Change of the Group Entities. The term "Handling" or "Handled" means the production, use, generation, storage, treatment, recycling, disposal, discharge, release, processing, distribution, transport or other handling or disposition of any kind. The term "Environmental Laws" means all federal, state, local or foreign statutes, ordinances, regulations, rules,

Examples of No Group in a sentence

  • No Group Member is in default under or with respect to any of its Contractual Obligations in any respect that could reasonably be expected to have a Material Adverse Effect.

  • No Group Member may lend funds to the General Partner or any of its Affiliates (other than another Group Member).

  • No Group Member is in default under or with respect to any of its Contractual Obligations in any respect that would reasonably be expected to have a Material Adverse Effect.

  • No Group Company is obligated to make any investment in or capital contribution in or on behalf of any other Person.

  • No Group Member shall use all or any portion of the proceeds of any credit extended hereunder to purchase or carry margin stock (within the meaning of Regulation U of the Federal Reserve Board) in contravention of Regulation U of the Federal Reserve Board.


More Definitions of No Group

No Group member has any existing or contingent liabilities in respect of any properties previously occupied by it or in which it owned or held any interest or in connection to which it acted as surety.
No Group. Member is involved in any industrial action in respect of its employees.
No Group. Member has employed or made any offers to employ any person since the Accounting Date where such employment will take effect after the date of this Agreement.
No Group. Member has lent money which has not been repaid to it or is the creditor in respect of a debt (whether or not due for payment) which has arisen otherwise than in the normal course of its business.
No Group. Member is, or has agreed to become, a participant in or member of a joint venture, consortium, partnership or other unincorporated association.
No Group. Member has allotted or issued any share capital other than the shares shown in SCHEDULES 1 and 2 as being issued.
No Group. Member has any interest, or has at any time during the period of 6 years ending on the date of this Agreement had any interest, in the share capital of any body corporate.