Examples of Recipient Group Companies in a sentence
Other than as required by law, court order or other regulatory authority, that personal data may not be disclosed by a Recipient or any other person except to a Member of the same Group (“Recipient Group Companies”) and to employees, directors and professional advisers of that Recipient or the Recipient Group Companies and funds managed by any of the Recipient Group Companies.
Other than as required by law, court order or other regulatory authority, that personal data may not be disclosed by a Recipient or any other person except to a member of the same group as that Recipient ( Recipient Group Companies) and to employees, Directors and professional advisers of that Recipient Group Companies and funds managed by any of the Recipient Group Companies.
Section 5.1 In the event that the Weighted Average Term for settlement of outstanding invoices issued by Provider Group Companies to Recipient Group Companies pursuant to the Service Contracts exceeds [*****] from the date of invoice (as supported by reasonable evidence) (the “Delayed Invoice(s)”), the Provider shall have the right to notify the Recipient in writing of any such delay in settlement (the “Delay Notice”).
If such delay in settlement has not been remedied by the first meeting of the Quarterly Committee next following the date of the Delay Notice, the senior management of the Recipient shall use their reasonable best efforts to assist with the payment of the relevant Delayed Invoice(s) by the relevant Recipient Group Companies.
The Parties hereby agree that, as from the Effective Date, [****] of all services provided by the Provider Group Companies in Spain, Brazil, Peru, Mexico, Chile, Colombia and Argentina to the Recipient Group Companies will be invoiced within the [****] of the forthcoming month.
Failure by the Recipient Group Companies to comply with the payment within the [****] of January 2018 and 2019 will trigger the application of a penalty by the Provider amounting to [****] calculated pro rata, from January 1st until the effective payment date.
As an exception, applicable only to calendar years 2017 and 2018, the Parties agree that invoices due in December 2017 and 2018 shall be paid by the Recipient Group Companies within the [****] of January 2018 and 2019, respectively.
In addition to the above mentioned, and also in the case of Spain, Brazil, Peru, Mexico, Chile, Colombia and Argentina, the Parties agree upon a new payment term of [****] as from the issuance of the invoice by the Provider Group Companies to the Recipient Group Companies.