Examples of SBV Group in a sentence
No member of the SBV Group is in any way liable or responsible for, or has any obligations (including, without limitation, pursuant to any Guarantee) in respect of, Stateguard or any of its Financial Indebtedness or activities or operations.
Each Guarantee granted by the Treasurer or any entity representing the Crown in right of the State of Victoria or any member of the Trico Group in favour of any member of the SBV Group is a legal and binding obligation of the Treasurer or the entity representing the Crown or the member of the Trico Group (as the case may be) and is valid and, subject to discretions applying in respect of equitable remedies, enforceable according to its terms.
All capitalised or accrued but unpaid interest owing to the Bank or any member of the SBV Group at the Completion Date which is included in the Final Accounts which is not or has not been paid to CBA as the successor of the Bank or the relevant member of the SBV Group will be paid when due.
The parties acknowledge that prior to the date of this Agreement, CBA commenced a due diligence review of the SBV Group and that it is intended that this review will continue until the Completion Date.
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On or prior to the Completion Date, the Treasurer will procure that all assignments of Indebtedness (as defined in the Trico Deed) and declarations of trust in respect of such Indebtedness that have been made to any member of the SBV Group pursuant to the Trico Deed will be annulled or reassigned.
The Treasurer up to the Completion Date and CBA after the Completion Date undertakes to use his or its best endeavours to procure that each member of the SBV Group does all things and executes all deeds, instruments, transfers or other documents as may be reasonably necessary or desirable to give full effect to the provisions of this Agreement and the transactions contemplated by it.
Title to Assets 6.1 All industrial and intellectual property, premises, sites and dwellings, fixtures and fittings, computers, motor cars and furniture used in the business of a member of the SBV Group are owned by that member of the SBV Group or used by that member of the SBV Group pursuant to a lawful, valid, binding and enforceable right to do so.
The State Government invested $2.7 billion in the SBV Group largely in connection with Tricontinental (ABC News 2008).