THL Group definition

THL Group means THL and each of its subsidiaries;
THL Group means THL and any THL Affiliate who act as a partnership, syndicate, limited partnership or group for the purpose of acquiring, holding or disposing of securities of Holdings.

Examples of THL Group in a sentence

  • The THL Group has operations in South Africa, Zimbabwe, Mozambique and Botswana which collectively make up the THL Group.

  • THL has adopted a share incentive scheme, namely the THL Share Appreciation Rights Plan (“THL SAR Plan”), in which selected key senior employees of the THL Group are eligible to participate with the goal to incentivise, motivate and retain these high calibre employees and recognise their contributions to the THL Group.

  • The Company is part of the THL Group which is an agri-processing business with a c.130-year history and a strong socio-economic legacy in Southern Africa.

  • The largest potential growth driver for the hotel business is a recovery of economic growth in the economies in which the THL Group operates.

  • In addition, the THL Group seeks to access new hotel opportunities through a variety of management contracts, new builds (on its own or via joint ventures), primarily within the markets that the THL Group already operates.

  • The pro forma adjusted headline earning for the THL Group is R403 million for the year ended 31 March 2019 as set out in 3.5 below.

  • Whilst the THL Group has undertaken numerous steps to reduce its electricity and water consumption through employing efficient operating methodologies, the price per unit of these utilities have increased dramatically and are worsened through the requirement to fund generating capacity (diesel generators) during load shedding.

  • The THL Group will seek to ensure that there is sufficient cash available and cash is generated by the business in order to fund its continued growth aspirations without resorting to excessive leveraging and ensure that THL maintains its strategic flexibility.

  • Replacement awards are provided for as a result of the election provided to employees of the THL Group on Unbundling to exchange their rights held under the Tsogo Sun Long Term Incentive Scheme for replacement awards under the THL SAR Plan.

  • The THL SAR Plan makes provision for two types of awards, namely new awards to assist in incentivising and retaining employees in the THL Group and replacement awards.


More Definitions of THL Group

THL Group means THL and its subsidiaries;
THL Group means THL and each of its subsidiaries, joint ventures and associated companies;
THL Group has the meaning given to such term in the Introduction.
THL Group means THL and the THL Affiliates.

Related to THL Group

  • 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;

  • Control Group means the Company and its Affiliates.

  • Group the Company and its subsidiaries

  • Family Group means with respect to any individual, such individual’s current or former spouse, their respective parents, descendants of such parents (whether natural or adopted) and the spouses of such descendants, any trust, limited partnership, corporation or limited liability company established solely for the benefit of such individual or such individual’s current or former spouse, their respective parents, descendants of such parents (whether natural or adopted) or the spouses of such descendants.

  • 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.

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

  • Investor Group means the Sponsor and its affiliates, successors and assigns.

  • Controlled Affiliate means any corporation, limited liability company, partnership, joint venture, trust or other entity or enterprise, whether or not for profit, that is directly or indirectly controlled by the Company. For purposes of this definition, “control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of an entity or enterprise, whether through the ownership of voting securities, through other voting rights, by contract or otherwise; provided that direct or indirect beneficial ownership of capital stock or other interests in an entity or enterprise entitling the holder to cast 15% or more of the total number of votes generally entitled to be cast in the election of directors (or persons performing comparable functions) of such entity or enterprise shall be deemed to constitute control for purposes of this definition.

  • mixed-activity holding company means a parent undertaking, other than a financial holding company or an institution or a mixed financial holding company, the subsidiaries of which include at least one institution;

  • Affiliated business entity relationship means a relationship, other than a parent- subsidiary relationship, that exists when

  • Blackstone means Blackstone Capital Partners V L.P. and its Affiliates.

  • Group Business Entity means;